QUOTE(woohootiger @ Mar 8 2022, 07:07 PM)
From what the sales team has shared with me, the building is taking 2.99 acres out of the 6.84 acres land.
If you are calculating plot ratio, you should be taking 6.84 acres for calculation, which I think roughly the ratio would be around 7++?
I guess nowadays a lot new highrise service apartment project in KL town city centre would be around the plot ratio of up to 9 - 10.
High dense projects would become a norm in future in the kl city center as the cost of land and construction is only going upwards, it's the only way to make it affordable.
More importantly is if the facilities and infrastructure can cater to the population around the vicinity.

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You can tell the sales team to get stuffed and that they are deliberately misrepresenting facts or you are. Ask them for a source.
Most learned property investors can just glance at the floor plate and know it’s not 6+ acres of land. They are building on the entire plot of land so where is the additional 3 acres. From the beginning, there have been people who have come out to disguise the density of this project with blatant lies. There needs to be higher standards for developers to disclose factual information and Agents to regurgitate them is all.
Secondly, this is the source:
“The land parcel spanning 1.21ha was acquired from Railway Assets Corp (RAC) for RM182.6 mil. RAC, which is tasked to manage rail assets as per the Rail Act 1991 (Act 463), is believed to own about 3,237ha of railway land across the country.”
High dense in itself is not too bad if it’s well planned and there’s adequate space for facilities, lifts etc where it doesn’t feel too cramped. The sweet spot remains to be seen once these developments with 1000s of units are completed and fully occupied. I doubt that will be the case nowadays with the amount of supply. A high dense building that is half full may be tolerable.
P.s 1.21 hectares=2.99 acres
This post has been edited by Cavatzu: Mar 9 2022, 08:42 AM