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> Impression U-Thant, Thoughts on the project

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TSDangitsDaddy
post Dec 2 2018, 01:03 PM, updated 6y ago

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Hi there

Would like to extract/gather thoughts on this Impression U-Thant project by Yong Tai, the same developer for the Impression Malacca project with that theatre production by Zhang Yimou.

Units ranging from 782 sq ft to 1,632 sq ft. with price ranging from 1.6k PSF.

Is this reasonably priced based on its location - surrounded by embassies & a golf course?

Do you think prices will appreciate beyond 1.6PSF?

What is a good comparable for this project?

Developer's track record & quality. Yong Tai has been involved in multiple hospitality projects (The Apple, The Pines, Courtyard by Marriott). It is also listed on the main board of KLSE.

What are your thoughts on the project?

https://impression-uthant.com/?utm_source=g...WEaAo0bEALw_wcB
AJMS P
post Nov 24 2019, 03:33 PM

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QUOTE(DangitsDaddy @ Dec 2 2018, 01:03 PM)
Hi there

Would like to extract/gather thoughts on this Impression U-Thant project by Yong Tai, the same developer for the Impression Malacca project with that theatre production by Zhang Yimou.

Units ranging from 782 sq ft to 1,632 sq ft. with price ranging from 1.6k PSF.

Is this reasonably priced based on its location - surrounded by embassies & a golf course?

Do you think prices will appreciate beyond 1.6PSF?

What is a good comparable for this project?

Developer's track record & quality. Yong Tai has been involved in multiple hospitality projects (The Apple, The Pines, Courtyard by Marriott). It is also listed on the main board of KLSE.

What are your thoughts on the project?

https://impression-uthant.com/?utm_source=g...WEaAo0bEALw_wcB
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I like the project and location and the fact that it is freehold.

When I looked on google maps I can see on the golf course side of the fence right in front of the Impression U-THANT development plot there is an abandoned development. I don't know what to make of this as 1) it is an eyesore in its current state but 2) if they tear down and re-continue with the development it will block the golf course view.

A
tingthinking14
post Feb 27 2020, 09:38 AM

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anybody know about the sales package ?
bursageek
post Feb 27 2020, 04:13 PM

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Yongtai's share price as listed on KLSE has dropped from 50 cents to below 10 cents following failure of its developments in Malacca. I wouldn't say that the company is in a good shape in terms of cash flow with many still projects pending down South.

Have they developed other projects in KL? I feel like that would be a good benchmark, otherwise it is risky to go for it given the price tag.
tingthinking14
post Jul 20 2020, 09:08 AM

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https://www.orientaldaily.com.my/news/centr...20/07/19/352865

Big oofff


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ketupatlazat
post Jul 20 2020, 10:14 AM

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QUOTE(tingthinking14 @ Jul 20 2020, 09:08 AM)
Dang

All those capital appreciation throughout the years gone in an instance
tingthinking14
post Jul 20 2020, 11:09 AM

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QUOTE(ketupatlazat @ Jul 20 2020, 11:14 AM)
Dang

All those capital appreciation throughout the years gone in an instance
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wondering if the buyer of AT6 will withdraw or not, later share price of company also jatuh mega_shok.gif


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icemanfx
post Jul 20 2020, 12:28 PM

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QUOTE(ketupatlazat @ Jul 20 2020, 10:14 AM)
Dang

All those capital appreciation throughout the years gone in an instance
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When the market is soft, any reason is reason to price drop.
nexona88
post Jul 20 2020, 01:35 PM

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QUOTE(tingthinking14 @ Jul 20 2020, 09:08 AM)
damn....
that huge hole on the road sweat.gif
tingthinking14
post Jul 24 2020, 04:16 PM

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https://www.malaymail.com/news/malaysia/202...u-thant/1886374

another one

This post has been edited by tingthinking14: Jul 24 2020, 04:21 PM


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look4invest
post Dec 2 2020, 11:02 PM

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almost completion. cant waitttttttt!
swissalto
post Dec 3 2020, 12:56 AM

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QUOTE(look4invest @ Dec 2 2020, 11:02 PM)
almost completion. cant waitttttttt!
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Any site progress pictures?
look4invest
post Dec 3 2020, 09:08 AM

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QUOTE(swissalto @ Dec 3 2020, 12:56 AM)
Any site progress pictures?
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i dont hv. but believe will delay bit.
but seriously cant wait is true.

gypsyjackson
post Sep 3 2022, 03:16 PM

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Is this one paused or abandoned? Went past earlier and there doesn’t seem to have been any movement for a while.
RaniMuthu
post Jan 30 2023, 03:59 PM

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QUOTE(gypsyjackson @ Sep 3 2022, 03:16 PM)
Is this one paused or abandoned? Went past earlier and there doesn’t seem to have been any movement for a while.
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RaniMuthu
post Jan 30 2023, 04:00 PM

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Is the project stalled?
RaniMuthu
post Mar 27 2023, 12:00 PM

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QUOTE(swissalto @ Dec 3 2020, 12:56 AM)
Any site progress pictures?
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I would like to contact any purchasers who bought the units at Impression U-Thant.

Please contact me at rani.muthu.nadesan@gmail.com

 

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