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Investment TRX residence or CORE residence

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icemanfx
post Apr 13 2020, 01:48 PM

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QUOTE(kbandito @ Apr 13 2020, 12:15 PM)
i wonder how frustrated your partner and kids must be, if you have one.
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Classic of uuu/bbb, get personal, name calling will be next.
restful increase
post Aug 28 2020, 12:53 AM

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QUOTE(Babizz @ Apr 13 2020, 11:28 AM)
If anyone still interested in buying this at 1800-2000psf,no eye see.

One can easily scoop this up much cheaper upon VP.

Waiting is the key game now if developers don't wanna reduce price.
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Actually no need to buy service apt inside TRX and pay very high price. There are many TOD projects near to trx and within 3 to 6 mrt stops away & since trx has mrt 1 & 2, many TOD projects with mrt linkage and much cheaper pricing can reach trx via mrt within minutes.
Far east residence at kuchai lama is only 4 mrt stops away from trx and its price is rm700psf quoting 1 example.
Babizz
post Aug 28 2020, 07:50 AM

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QUOTE(restful increase @ Aug 27 2020, 10:53 AM)
Actually no need to buy service apt inside TRX and pay very high price. There are many TOD projects near to trx and within 3 to 6 mrt stops away & since trx has mrt 1 & 2, many TOD projects with mrt linkage and much cheaper pricing can reach trx via mrt within minutes.
Far east residence at kuchai lama is only 4 mrt stops away from trx and its price is rm700psf quoting 1 example.
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+1. U can even buy velo with very good price n mall at a fraction of the price.

leyhay
post Aug 28 2020, 08:28 AM

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QUOTE(restful increase @ Aug 28 2020, 12:53 AM)
Actually no need to buy service apt inside TRX and pay very high price. There are many TOD projects near to trx and within 3 to 6 mrt stops away & since trx has mrt 1 & 2, many TOD projects with mrt linkage and much cheaper pricing can reach trx via mrt within minutes.
Far east residence at kuchai lama is only 4 mrt stops away from trx and its price is rm700psf quoting 1 example.
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yalor. buy north kiara instead of mont kiara. buy manjalara instead of dpc. 5 minutes by car oni and 2 minutes by bike mah
icemanfx
post Aug 28 2020, 10:36 AM

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QUOTE(restful increase @ Aug 28 2020, 12:53 AM)
Actually no need to buy service apt inside TRX and pay very high price. There are many TOD projects near to trx and within 3 to 6 mrt stops away & since trx has mrt 1 & 2, many TOD projects with mrt linkage and much cheaper pricing can reach trx via mrt within minutes.
Far east residence at kuchai lama is only 4 mrt stops away from trx and its price is rm700psf quoting 1 example.
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It seems china contractors took many contra units, and likely to declare sold to hong kongers.

DavidKool
post Aug 28 2020, 01:03 PM

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QUOTE(restful increase @ Aug 28 2020, 12:53 AM)
Actually no need to buy service apt inside TRX and pay very high price. There are many TOD projects near to trx and within 3 to 6 mrt stops away & since trx has mrt 1 & 2, many TOD projects with mrt linkage and much cheaper pricing can reach trx via mrt within minutes.
Far east residence at kuchai lama is only 4 mrt stops away from trx and its price is rm700psf quoting 1 example.
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There are plenty more consideration, I assume. Profile of the TOD project is crucial as every location have different target segment with it's locality and pricing.

TRX is one of the iconic projects within KL City, furthermore a financial hub and international branding, more comparable with others such as Merdeka Residences or BBCC. Their pricing scale are almost same range.

Far East Residence or Kuchai Lama is a great project at it's own cost as a medium end serviced apartment within KL but not KL City. The investment value is totally different compare to the integrated developments known to international buyers.

The location attracted different profile buyers, and the specs are equally crucial for the price being paid.

rotloi
post Feb 16 2021, 12:05 PM

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Babizz
post Feb 16 2021, 12:34 PM

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QUOTE(DavidKool @ Aug 27 2020, 11:03 PM)
There are plenty more consideration, I assume. Profile of the TOD project is crucial as every location have different target segment with it's locality and pricing.

TRX is one of the iconic projects within KL City, furthermore a financial hub and international branding, more comparable with others such as Merdeka Residences or BBCC. Their pricing scale are almost same range.

Far East Residence or Kuchai Lama is a great project at it's own cost as a medium end serviced apartment within KL but not KL City. The investment value is totally different compare to the integrated developments known to international buyers.

The location attracted different profile buyers, and the specs are equally crucial for the price being paid.
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Agreed but velocity is almost comparable. Just one station away with full integrated lifestyle like mall hospital retails and offices. TRX price any drop yet? Merdeka residences price out?
DragonReine
post Feb 16 2021, 12:43 PM

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Core n TRX psf are for a very select (read: stinking rich) market laugh.gif I don't think Airbnb will do well in this level of price unless host can offer same level of luxury and convenience as high end hotel.

Personally I'd choose TRX because in long run AirBnB-heavy properties tend to deteriorate faster and facilities will wear down faster.

This post has been edited by DragonReine: Feb 16 2021, 12:44 PM
cy91
post Feb 16 2021, 12:51 PM

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QUOTE(DragonReine @ Feb 16 2021, 12:43 PM)
Core n TRX psf are for a very select (read: stinking rich) market laugh.gif I don't think Airbnb will do well in this level of price unless host can offer same level of luxury and convenience as high end hotel.

Personally I'd choose TRX because in long run AirBnB-heavy properties tend to deteriorate faster and facilities will wear down faster.
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Mostly sell to target foreigner who must buy above RM1m i think
Babizz
post Feb 16 2021, 04:49 PM

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Anyway other than H bank A bank and P insurance any other financial institution moving in??

Can't be 3 companies that make up a financial district! Most banks and insurance firms are still in KLCC kl sentral masjid Jamek and other older parts of town.
DragonReine
post Feb 16 2021, 05:57 PM

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QUOTE(Babizz @ Feb 16 2021, 04:49 PM)
Anyway other than H bank A bank and P insurance any other financial institution moving in??

Can't be 3 companies that make up a financial district! Most banks and insurance firms are still in KLCC kl sentral masjid Jamek and other older parts of town.
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Most of the established local banks won't move headquarters unless they sure can get cheap land, I think laugh.gif the CBDs you listed are all still very busy biz hubs full of people.
swissalto
post Feb 16 2021, 06:20 PM

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QUOTE(DragonReine @ Feb 16 2021, 12:43 PM)
Core n TRX psf are for a very select (read: stinking rich) market laugh.gif I don't think Airbnb will do well in this level of price unless host can offer same level of luxury and convenience as high end hotel.

Personally I'd choose TRX because in long run AirBnB-heavy properties tend to deteriorate faster and facilities will wear down faster.
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TRX not allow airbnb
DragonReine
post Feb 16 2021, 07:15 PM

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QUOTE(swissalto @ Feb 16 2021, 06:20 PM)
TRX not allow airbnb
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confused.gif I know? That's why I said I choose TRX, because they ban so facilities won't get damaged so fast?
Babizz
post Dec 16 2021, 03:05 PM

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When will this trs residence VP
Calvintankl
post Dec 16 2021, 04:27 PM

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QUOTE(Babizz @ Dec 16 2021, 03:05 PM)
When will this trs residence VP
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Q4 2023.

Anyone interested can pm me yea
nexona88
post Mar 27 2023, 04:19 PM

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80% of CORE Residence @ TRX sold to international investors, including Malaysians rclxms.gif

The 1.65-acre freehold project contains three serviced apartment towers with 700 residential units and a gross development value of RM1.4 billion.

The project's first two buildings, Tower 1 and Tower 2 were launched in December 2019 and they offer a total of 580 units. Unit sizes range from 624 to 1,022 square feet, with prices starting at RM1.5 million.

The project has drawn purchasers from more than 20 countries, including China, Singapore, South Korea, Japan, and Malaysia.

https://www.nst.com.my/property/2023/03/893...ding-malaysians
Hermes Aspiration
post Mar 28 2023, 01:38 AM

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QUOTE(nexona88 @ Mar 27 2023, 04:19 PM)
80% of CORE Residence @ TRX sold to international investors, including Malaysians  rclxms.gif

The 1.65-acre freehold project contains three serviced apartment towers with 700 residential units and a gross development value of RM1.4 billion.

The project's first two buildings, Tower 1 and Tower 2 were launched in December 2019 and they offer a total of 580 units. Unit sizes range from 624 to 1,022 square feet, with prices starting at RM1.5 million.

The project has drawn purchasers from more than 20 countries, including China, Singapore, South Korea, Japan, and Malaysia.

https://www.nst.com.my/property/2023/03/893...ding-malaysians
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Sell so long only 80%. tough market ahead. But better rate than TRX Residence, Tower A & B selling 3 years+ dy also cannot launch Tower C.
Babizz
post Mar 28 2023, 08:05 AM

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Lets see if any of the trx condo at 2000 psf can even achieve rental demand, 4% yield and healthy appreciation.


icemanfx
post Mar 28 2023, 08:52 AM

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QUOTE(nexona88 @ Mar 27 2023, 04:19 PM)
80% of CORE Residence @ TRX sold to international investors, including Malaysians  rclxms.gif
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Believe most foreign buyers are PRC and linked to the developer.

This post has been edited by icemanfx: Mar 28 2023, 11:00 AM

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