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Investment New Pudu LRT project?

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aaron1717
post Jun 8 2021, 04:05 PM

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QUOTE(Babizz @ Jun 8 2021, 03:43 PM)
From my experience with mid class expats or even professional locals, they require some commercials to be within walking distance. This pudu lrt area is very dodgy n I doubt people would walk to explore.
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d'majestic used to be very successful airbnb hotspot before covid comes... operators there sapu all the units whenever available
W.ROOK
post Jun 8 2021, 04:11 PM

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QUOTE(aaron1717 @ Jun 8 2021, 04:05 PM)
d'majestic used to be very successful airbnb hotspot before covid comes... operators there sapu all the units whenever available
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Wow sounds interesting.
ryan@chua
post Jun 8 2021, 05:32 PM

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QUOTE(CiviLlov3 @ Jun 4 2021, 03:02 PM)
Not much info now, floor plans should b as below

480sf - 1 bed 1 bath
695sf - 2 beds 2 baths
850sf - 2+1 beds 2 baths (standard unit or flexible to convert to dual key unit)
1080sf - 3+1 beds 2 baths

price wise confirm below 1400psf 😂😂 maybe 40-50% or more lower from this price 🤭🤭
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If at this prices range. Those huha sunway project nearby buyers will sad 😢 1 is old lrt , 1is old monorail..🤣

This post has been edited by ryan@chua: Jun 8 2021, 05:37 PM
Babizz
post Jun 8 2021, 08:56 PM

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QUOTE(aaron1717 @ Jun 8 2021, 02:05 AM)
d'majestic used to be very successful airbnb hotspot before covid comes... operators there sapu all the units whenever available
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My real take is the rental price without Airbnb. After few years Airbnb demand will shift to newer condo. Look at robertzai. Tonnes of units asking below 2k. Yield below 3.5% or 3%. Hearsay the owner group all angry when some units below 2k then many units below 2k.

D majestic asking rental is low from iproperty.

This post has been edited by Babizz: Jun 8 2021, 08:59 PM
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post Jun 8 2021, 09:24 PM

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Ask.Property
post Jun 9 2021, 09:37 AM

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QUOTE(Babizz @ Jun 8 2021, 08:56 PM)
My real take is the rental price without Airbnb. After few years Airbnb demand will shift to newer condo. Look at robertzai. Tonnes of units asking below 2k. Yield below 3.5% or 3%. Hearsay the owner group all angry when some units below 2k then many units below 2k.

D majestic asking rental is low from iproperty.
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now is very low, any airbnb related properties around kl area also very low... operators also mostly dead already, switched to room rental kot haha... for airbnb units, maintenance and the operator designs are most important, d majestic still have one of the most affordable roof top view in KL area.. so the demand will always be there once the tourists are back... i think this new project gonna be in time for the next tourism wave
W.ROOK
post Jun 9 2021, 11:43 AM

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QUOTE(CiviLlov3 @ Jun 7 2021, 12:36 PM)
Have got 4 different sizes as below =)

Very limited information now cause still very early stage 😅

1 bed 480sqft
2 bed 695sqft
3 bed 850sqft
4 bed 1080sqft
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PM please.
Would like to see the layouts.
xiaotianshi99
post Jun 9 2021, 11:45 AM

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Any rooftop facilities for this project?
If not very hard to compete with d'majestic as they have the rooftop infinity pool
gks
post Jun 9 2021, 01:35 PM

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The attraction of this project lies with the close promixity to Pudu lrt Station. However, it face many competition with many development with close proximity to more premium lines (mrts, KJ line). It is one station away to BBCC however if you need to go other hotspots, you need to get change either at masjid Jamek, Titiwangsa etc.

In summary, this project located in Old City centre but it is not as easily accesible. And we yet to talk about accessibility by car.....not sure how the Jalan San Peng and loke yew roundabout can support another 2200units.

It will be interesting to see the response in next few months.
SUSCiviLlov3
post Jun 9 2021, 02:22 PM

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QUOTE(W.ROOK @ Jun 9 2021, 11:43 AM)
PM please.
Would like to see the layouts.
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you got a PM =)

Can also click on this link n register your interest =)

https://forms.gle/2wUgyRxMTfdz9i3RA
SUSCiviLlov3
post Jun 9 2021, 02:25 PM

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QUOTE(xiaotianshi99 @ Jun 9 2021, 11:45 AM)
Any rooftop facilities for this project?
If not very hard to compete with d'majestic as they have the rooftop infinity pool
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According to my understanding should have about 110,000sf facilities and some sky facilities

Can register your interest here too, we shall keep u informed if there is any latest update available =)

https://forms.gle/2wUgyRxMTfdz9i3RA
SUSCiviLlov3
post Jun 9 2021, 02:32 PM

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QUOTE(gks @ Jun 9 2021, 01:35 PM)
The attraction of this project lies with the close promixity to Pudu lrt Station. However, it face many competition with many development with close proximity to more premium lines (mrts, KJ line). It is one station away to BBCC however if you need to go other hotspots, you need to get change either at masjid Jamek, Titiwangsa etc.

In summary, this project located in Old City centre but it is not as easily accesible. And we yet to talk about accessibility by car.....not sure how the Jalan San Peng and loke yew roundabout can support another 2200units.

It will be interesting to see the response in next few months.
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ya the main point will b the location VS the price. the surrounding can be improved but the location is with no doubt very near to shopping centres and with Pudu LRT, one station reaching the MRT n monorail interchange is also indeed very convenient smile.gif

but i guess every development has pros n cons so have to give n take a bit bit tongue.gif

For those who like the area, alright with the density then this will b quite an ideal one for them cause after all price wise quite tempting thumbsup.gif

Just sharing ya wink.gif

This post has been edited by CiviLlov3: Jun 9 2021, 02:34 PM
gks
post Jun 9 2021, 03:35 PM

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QUOTE(CiviLlov3 @ Jun 9 2021, 02:32 PM)
ya the main point will b the location VS the price. the surrounding can be improved but the location is with no doubt very near to shopping centres and with Pudu LRT, one station reaching the MRT n monorail interchange is also indeed very convenient  smile.gif

but i guess every development has pros n cons so have to give n take a bit bit  tongue.gif

For those who like the area, alright with the density then this will b quite an ideal one for them cause after all price wise quite tempting :thumbsup:

Just sharing ya  wink.gif
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What so interesting about the price? In my book D majestic also inflated but at least they are at right side of pudu. Just look at Furama the price simply not moving.

But I agree this project attracts certain tenant profile such as working population and Airbnb. But my point is close proximity within public transport no longer a major usp. There are so many alternatives out there.


razerlxz
post Jun 11 2021, 04:18 PM

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Michaelbyz23
post Jun 11 2021, 04:31 PM

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Received a call from an agent yesterday.
Price is around 700 psf after all discounts and rebates.
Density is around 14 units per floor, total about 2000 units if i remembered correctly.
To be officially launched in 1 month time.
No brochure yet till launching.

Do correct me if I'm wrong.
Felice821
post Jun 11 2021, 04:47 PM

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When they start construction and development, I go back my mum's place will be jam die.
cwt2878
post Jun 11 2021, 04:54 PM

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Wonder if there will be any own stay buyer here?
xiaotianshi99
post Jun 11 2021, 05:25 PM

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QUOTE(cwt2878 @ Jun 11 2021, 04:54 PM)
Wonder if there will be any own stay buyer here?
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Why not? Many good food around and close to Golden Triangle tongue.gif
I heard there will be a few shops at the bottom of the Condo and will be manage by Developer
propertyhunter668 P
post Nov 15 2021, 06:58 PM

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They are lunching soon, I registered my interest with my friend working for the qdeveloper

The price is really cheap for such a good location.
kswee
post Nov 15 2021, 08:16 PM

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QUOTE(propertyhunter668 @ Nov 15 2021, 07:58 PM)
They are lunching soon, I registered my interest with my friend working for the qdeveloper

The price is really cheap for such a good location.
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Next month launch. I'm in too

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