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Investment Eco-First CSL Highest Service Residence, Trion 1 KLCC view fully blocked?

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DragonReine
post Apr 27 2021, 10:52 AM

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Trion 1 won't be affected so much, they're located on a different road and the building location is slightly diagonally located relative to EcoFirst. At worst it'll be an "eyesore" on the right side. RIP TRX view though.

The ones most affected is actually Trion 2's Tower A residents, the ones facing Northwest will have their view directly blocked laugh.gif
DragonReine
post Apr 27 2021, 11:05 AM

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QUOTE(aaron1717 @ Apr 27 2021, 10:56 AM)
are there any pricing difference for that view?
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I don't recall, I wasn't interested in that side at all because I only wanted Type C which is strictly Tower B 😅
DragonReine
post Apr 27 2021, 11:13 AM

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QUOTE(reanimation_84 @ Apr 27 2021, 09:46 AM)
Chan sow lin is an industrial area. Heavy industrial area. boggles me who would want to stay there.
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Most of the buyers (myself included) of property in this area are hopping on the bandwagon about DBKL's transformation/revitalisation plan for CSL.
DragonReine
post Apr 27 2021, 01:03 PM

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QUOTE(lollipopkan @ Apr 27 2021, 11:14 AM)
1.2b/1620 units = 740k gdv per units
Assuming they give 10% rebate, that's 666k nett gdv per unit.

Is property bullrun finally here? XD
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Yikes. Considering that they're claiming to build studio/small units, that's really not that cheap.

Investors of smaller units in Trion/Trion 2 might benefit from likely higher asking rental price, but the area will have several thousand units competing with each other on getting rental.
DragonReine
post Apr 27 2021, 01:42 PM

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QUOTE(lollipopkan @ Apr 27 2021, 01:37 PM)
Asking higher rental price works only if the demand is there.

Thousands of buyers of trion 1 and 2, total units 1944, lets assume you take 50% as investors, then take 50% of those investors renting out on iproperty, which is 486 units.

1 page of iproperty can have 20 listings, both projects can amount to 24 pages of rental listings.

Buyer A put 2500, buyer B put 2450, buyer C put 2400 and so on...

Tenants search by "lowest price"...
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Hence the "but" 🤣🤣

But hopefully the buyers had taken the fact that CSL is mostly parcel development into account and that this kind of new project can and will happen. Just pity that those who paid premium view have lost that KL skyline view.


 

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