if no linked bridge, the distance to reach First World also just walk cross a road only.

This is the only new project that public can buy and walkable to the Genting city.

Except you interested in ria apartment, but that's also cost Rm1k psf already now.

Ria Apartment?
huhuhuh.. that's one I already kena before..
really not walk-able

Rm1k psf? for such old "condo"

Have you consider elevation difference?

This post has been edited by icemanfx: Feb 10 2020, 06:14 PM

A connecting bridge considers small potato if you look at the overall project construction scale. The problem do Genting allows them to build a connecting bridge or not only.

Anyway, Did you all notice this is the only project so far that allow to use 'Genting' as their project name? They can get approval to use Genting name, so to get approval to build a link bridge should be no problem i think. My2cent.

Maybe they get Genting consent letter or approval already for the bridge. Anyone plan to visit the sales gallery please help clarify?

Consider walkable already la

Yes, Rm1k+ PSF. link

Genting won't allow link bridge la. Where can allow other party to compete with their hotel.

U stay other developer project, u sendiri find your own transport to first world la.

Do you know how many hotels are planned at genting? Genting allow outsiders to sabotage their investment?

Just to share https://www.edgeprop.my/content/1619896/new...nting-highlands

https://www.edgeprop.my/content/1619896/new...nting-highlands

This post has been edited by icemanfx: Feb 11 2020, 10:21 AM

Conveniently omitted number of hotels planned. Accomodation is provided for genting employees. Non genting employees are unlikely to rent overpriced poorperly.

This post has been edited by icemanfx: Feb 11 2020, 10:32 AM

For non Genting employees was told most of the apartment units are converted into like 10 room per unit and charge on per room basic

No need bridge to first world, got walking bridge to the road behind the project also good enough already

Their brochure mention 5min walk to major attraction.

Any undertaking or guarantee?

5min walking distance is not possible.., the current phase is the back part , hence you will have to walk thru the front blocks even to get to the main road (next to first world). That would already take more than 5 min.

Even on the main road, there is no access currently to First World Hotel.

Been to the sales office last weekend, the bridge is verbal and a sales pitch, if it's an agreement they already gotten from Genting, it would be clearly communicated as a sales pitch for sure..

Well, end of the day they will for sure offer free shuttle bus /van service from the hotel lobby, hence I don't see the bridge /walkable distance is a key issue here. Taking into account as well, if they hotel are majority occupied by tour groups/holiday goers, walkable or not is not a consideration (or even a known aspect) when they choose which hotel to stay at.


This post has been edited by mytrader: Feb 11 2020, 04:37 PM

This place is marketed as Airbnb or residence?

In the first phase , there will be 2 blocks, 1 block will be Haxd Roxk Hotel (as they claim la..) , the 2nd block will be sold and be lease back under a GRR scheme of 6.5% (3+3+3 Years).

There will be 8 more blocks in future phase, always as a twin setup above (1 Hotel + 1 block for sale).

Seem to be relatively new developer, claim to be director for a PLC but doing this on a private setup as he owns the land privately. Construction and financing from China.

Comparing this with Ion Majestic, I have a higher confidence in that (lower psf, confirmed hotel management by Wyndam group, proven track record of developer - NCT - Ion Delemen).

Just my personal view...

Whoever interested better do more due diligence.

Chances of failure very high. New developer.

Chinese are allowed to invest in overseas property or development?

What is ion majestic occupancy and room rate?

This post has been edited by icemanfx: Feb 11 2020, 06:18 PM

But China Central Bank banned outflow of money for property related wor. So ini financing how jalan?

Back lane meh?

If failure..
Then sell the project to another party..
It's very strategic landbank.. I'm sure others would love to take over...