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 SWNK Houze BBCC, By Ecoworld

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Cavatzu
post May 12 2022, 11:36 AM

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Project details and layout here. From RM 618k for 463 sf studio ~ 1.3k psf

https://www.edgeprop.my/new-launches/sale/1...ch---swnk-houze

This post has been edited by Cavatzu: May 12 2022, 11:40 AM
Cavatzu
post May 14 2022, 09:27 AM

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QUOTE(wotpian @ May 12 2022, 08:40 PM)
This name swnk keeps remind me the s.wine restaurant.

Should open one swine restaurant branch here too. swnk swine!
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It’s swank. Wank with a s in front. Appropriate for people who can afford the property here 😂
Cavatzu
post Nov 4 2022, 08:12 AM

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Very interesting to see how the entire area is integrated. There’s so much history and seediness to tie together along with all the new skyscrapers.
Cavatzu
post Nov 8 2022, 05:04 AM

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QUOTE(Propsense @ Nov 7 2022, 11:36 PM)
Hi, for your information, BOMBA is the strictest department to pass in order to get a building done and obtain CCC. Fire protection system in such signature tower would be enough to slow down the fire spread and control the fire. So don't worry too much about this, it is not even the tallest building in the world. Even it happen (touchwood), i believe no people will care how many minutes and how many steps on staircase to escape and get your life safe.
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An expensive high profile tower like this is not an issue as they would be playing by the rules.

I would be concerned about an ultra high dense development that has cheaped out on the build quality like the one labeled “little Hong Kong” in light of recent events where panicked crowds of people can kill themselves in narrow corridors.
Cavatzu
post Nov 8 2022, 01:03 PM

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QUOTE(lewissac @ Nov 8 2022, 08:34 AM)
Spot on. That my concern. High rise architecture most of the time the main point is the external design of the building. Very rare (to none) there's introduction of the innovation design for safety purposes. As long as reach minimum requirements then its good, which isn't enough. 

Sorry, abit agitated but looking at it from a EHS viewpoint.
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Mark my words the day of reckoning will come when a few thousand people will try to exit a venue or project simultaneously and then we’ll witness true tragedy.

I’d point out that the safety guidelines are maybe for 400 pax per acre. Beyond that I don’t know and it seems most are blasé about it anyway.
Cavatzu
post Nov 8 2022, 07:56 PM

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Fire is one thing and arguably is a better way to go rather than being crushed to death over a few hours. Where is the adequate space in corridors and stairwells when thousands of people rush in one direction. There has to be a serious rethink of safety given recent events.

There are plenty of videos on Itaewon where you could see people literally dying on screen from suffocation. If that hasn’t triggered some crowd phobia in you then I don’t know what will.

This post has been edited by Cavatzu: Nov 8 2022, 08:05 PM
Cavatzu
post Nov 10 2022, 07:09 PM

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QUOTE(Propsense @ Nov 10 2022, 06:04 PM)
May I know where this classification come from ya? UBBL? Sorry for asking, i prefer data from valid source 😂
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Building apartment complexes 50+ storeys is not common in most parts of the world fyi. So yes they are skyscrapers.
Cavatzu
post Dec 6 2022, 02:55 PM

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QUOTE(aaron1717 @ Dec 6 2022, 09:53 AM)
dual key unit anytime... one unit for airbnb another unit as your weekend home...  tongue.gif  tongue.gif
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I dunno man. Investment is investment. Doubt many pantang people or generally 90% of local Chinese (anecdotal) would stay here.
Cavatzu
post Dec 6 2022, 03:24 PM

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QUOTE(aaron1717 @ Dec 6 2022, 03:07 PM)
only local KLian know what it was previously, outstation ppl majority dont know hence the lack of pantang feeling... my penang fren who bought there is not aware of it when he bought... lol
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Fark. Penang people can be very pantang. Umm this is a case of no due diligence at all.
Cavatzu
post Dec 6 2022, 03:31 PM

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QUOTE(aaron1717 @ Dec 6 2022, 03:28 PM)
franky speaking, how many buyers really will do deep due d when they buy a property.. especially those who can afford luxury properties, they wont do extensive due d at all.. buy 1-2 units not really painful to them also... they just buy with interest and passion...  tongue.gif  tongue.gif
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It’s not really due diligence. There’s a giant Papan outside Lalaport proclaiming what the site used to be - lest we forget a place of deep trauma and unrest. Just rent it out to foreigners.

This post has been edited by Cavatzu: Dec 6 2022, 03:32 PM
Cavatzu
post Dec 6 2022, 04:31 PM

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QUOTE(DragonReine @ Dec 6 2022, 04:21 PM)
Younger and more modern thinking buyers with deep pockets probably care less 😂

But at this price point is either a KL commercial district weekend getaway or to be rented out to/bought by white collar execs with high income.
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I didn’t know that Pudu Jail itself was built on top of an old Chinese burial ground. Double whammy. When history is buried, it doth create opportunity.

There’s plenty of “luxury” properties to buy in KL so why this one? Things are tough enough as it is, why invite negative energy into your life.
Cavatzu
post Dec 6 2022, 07:13 PM

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QUOTE(aaron1717 @ Dec 6 2022, 06:31 PM)
hahah, he also din talk about it when he wanna buy... but ok la, renting 3500 now, and he is not taking alot of loan anyway
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Investment is fine. Own stay would definitely be a 😵 and for holiday home is a ❓

Very broad range of asking rental prices - the studio up to the 2 bedder can ask for 3500. Not sure where the range has landed. Obviously stigma aside, it’s very attractive.

This post has been edited by Cavatzu: Dec 6 2022, 07:30 PM
Cavatzu
post Jan 26 2023, 05:48 PM

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QUOTE(Jagalat @ Jan 26 2023, 02:41 PM)
I wonder if buyers care about the history/stories/previous incidents of the site, despite the history/stories/incidents had been brought up couple of times.
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It matters if they were targeting affluent locals to buy who would look at such things more critically. Buyers from other states or foreigners will be ignorant of such things or not even care. Subsale market will be pretty much non existent I predict.
Cavatzu
post Jan 27 2023, 10:24 AM

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QUOTE(Jagalat @ Jan 27 2023, 10:18 AM)
For investment and non own staying, l think the young locals who do not know the stories will not worry (unless their parents really pantang)
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Investment remains to be seen. Mainlanders or Hongkies that get wind of this will stay away too. Their main bet is Japanese but so many different Japanese enclaves now.
Cavatzu
post Jan 27 2023, 10:35 AM

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QUOTE(Jagalat @ Jan 27 2023, 10:29 AM)
I went to lala-pot a few times, l like the food court on the roof top. Just bought a Tealiv and sat the whole afternoon under cold aircon. Can read books/articles. Saw ppl bringing their laptops too.

As for the mall crowds, observed majority are similar to the demographics seen at BTSq or Sg Wong. Reminds me an extension of them. I could be wrong.
Only potential ong area is seen at the Al fresco dining street (opposite the walk entrance). Not all are opened/in biz.
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So the crowd is all lala and lulu? That doesn’t bode well actually.
Cavatzu
post Jan 27 2023, 05:54 PM

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QUOTE(Jagalat @ Jan 27 2023, 10:47 AM)
Got lala got lulu. Got families too.
Perhaps the "crowd profile" is similar to stone throw nearby malls. Suggest to take a look and compare.

It's still early. Hope to see the Al fresco dinning street to replicate the vibe seen at Pakvillain
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So it’s the crowd from Sg Wang that are now grown up with kids. Admittedly I used to frequent the place for the arcades. It’s quite a generalist mall with point of differences being the Jap brands and the music hall. It has the potential to do well for f n b.

QUOTE(Chanzeryl @ Jan 27 2023, 03:16 PM)
Apart from the land being a former prison-cum-execution historical site, it is under leasehold title.

Considering how leasehold owners do not have full control of their properties, you are only allowed to transfer the ownership with permission from the state government.

The approval of the consent might take up to 6 months or one year. That could lead to a big problem when it comes to selling the properties in the future.

The property value might decline after 30 years; as compared to its value in the early years. Hence, it might be a massive loss to the owners.

Buying a second-hand leasehold property in Kuala Lumpur can also be a problem. Since the process of transferring ownerships takes up a long time, you might need to wait for about one year for it sweat.gif
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Most new high rise in prime KV land are now leasehold. It’s an inconvenience for subsale but many are not numeracy literate nowadays to work out if it’s worth their while to buy something. If the cashflow game doesn’t work then it’s game over.

For prestige property, leasehold is not a deterrent for your HK or SG buyer but then sales better act quickly when awareness is low.

Cavatzu
post Feb 9 2023, 01:41 AM

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QUOTE(calapia @ Feb 8 2023, 05:49 PM)
sorry late reply... those generally are quoted from economics article e.g the edge paper or and also hear say on people townhall outcome... me no econ myself..
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There is a real tussle between inflation and keeping business flowing with unnecessary costs. You have a double whammy right now hasn’t really picked substantially since the pandemic. Did people think we would go from 0-100 just like that? It’s progressive.

 

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