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Investment New Pudu LRT project?

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reychow
post Nov 25 2021, 07:59 PM

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QUOTE(Lifestyle Living @ Nov 25 2021, 08:27 PM)
I am an owner of a nearby business, and I’m shocked that such a high dense project can be approved. 2000+ units on a land just 2+ acres? Would that make it one of the highest dense projects in KL from a units/acre point of view?

Anyone know how much they will be selling this for?
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The KL plot ratio set to 1:10, so wat do you think? Got demand then got supply, the rules never change~ somemore another 2k unit here, good for your business lo

This post has been edited by reychow: Nov 25 2021, 08:00 PM
reychow
post Nov 25 2021, 09:09 PM

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QUOTE(ry8128 @ Nov 25 2021, 10:04 PM)
Around 650 psf. I would say this is a fair price, not expensive, and not cheap too considering this is a leasehold.

But of cos, with fair pricing, it will always come with a price, and the price is ultra high density. If the density is to be reduced, then for sure it wont be 650 anymore.
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Agree thumbsup.gif if total only 500unit then not this price ad~ sumore tepi LRT what do you expect the density?
reychow
post Nov 25 2021, 09:49 PM

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QUOTE(Marcus1680803 @ Nov 25 2021, 10:44 PM)
Got demand got supply? Go NAPIC check how much supply are overhang in KL  whistling.gif
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Property overhang is not the first day issue in Malaysia~ Malaysia govern boleh ma brows.gif
reychow
post Nov 27 2021, 04:52 PM

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QUOTE(Marcus1680803 @ Nov 27 2021, 01:22 AM)
Good point. Anyone knows whether TS Law is cash rich company? With the construction material prices and labour prices rising, not confident if company dont have +ve cashflow (not to say this didn't have much of records)
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Yea. You can also spend a little money to get a company profile report since you are so curious about this company brows.gif

https://www.bharian.com.my/berita/nasional/...ena-kemerdekaan

This post has been edited by reychow: Nov 27 2021, 04:54 PM
reychow
post Nov 28 2021, 11:09 PM

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QUOTE(den @ Nov 29 2021, 12:06 AM)
yes, and they are pushing those 2/3 rooms unit as well.

i would not even consider their next phase since it's gonna be more expensive also.
aiyah.. they should have just make all 1 room unit la.
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Haha, if all 1 room unit then one floor 30unit ad sweat.gif
reychow
post Nov 28 2021, 11:09 PM

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QUOTE(den @ Nov 29 2021, 12:06 AM)
yes, and they are pushing those 2/3 rooms unit as well.

i would not even consider their next phase since it's gonna be more expensive also.
aiyah.. they should have just make all 1 room unit la.
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This post has been edited by reychow: Nov 28 2021, 11:10 PM
reychow
post Nov 30 2021, 12:46 AM

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QUOTE(special @ Nov 29 2021, 09:36 PM)
i think forum here also a bit misleading.
i ask agent again. black A and B, 3 acres+
so total A,B, C n D got 6 acres+

as usual la, forum people get 1 piece info not full picture already blow.
they dont want to verify first. but is normal.
all here blow water. need to take information carefully.
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Are you sure about this the small piece of land got 6acres? hmm.gif
Trion land size 4 acres only, skyline the land so narrow and long hmmm... better you go triple confirm
reychow
post Dec 3 2021, 07:09 PM

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QUOTE(robert.lee @ Dec 3 2021, 07:08 PM)
Hahaa its so common for agents to just sell a story that its very hot cake.. but when you dig further.. you end up with cheques that can never materialized.. i have pulled out from the booking, my aunt and my close friends say property market is not that attractive now, especially when MM2H is not so favorable anymore.. this location cannot rent much to the local and locals all very smart where they choose to rent. they want somewhere safe! so if you want expats or mm2h.. its really not the best time to be speculating.. this is speculative investment, whoever is the last on the musical chair. all the best..happy for the developer!! this location just doenst cut it for me. you think its KL city. please go and look at the  surrounding before you seriously consider.

dont forget 2000 units!! when the renters go and walk along the corridors.. you think he wants to pay for the long corrirdor?? and the noise from the LRT!! please be real with the situation in 4/5 years time. better buy near triangle area.
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Agreed here. Who dont know better buy near golden triangle area, but not enuf budget ma~ tat why pick this project consider the price and distance to KL city area moreover just next to LRT, worst come worst can do sublet lo.


 

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