Exsim New Project beside Avenue K

Developer: Exsim
Tenure: Freehold
Land area : 0.3769 acres
Total unit: 346 units
Sizes:
323 sqft (Studio) Non-HDA. Partially Furnished
Level 6 to 20

484 sqft (2 rooms) HDA. Partially Furnished
Level 21 to 33A

657 sqft (Dual key) HDA. Fully Furnished
Level 21 to 33A

Sky Lounge & Facilities, Level 35
Sky Gym & Sky Pool, Level 36

5 Lift + 1 Service Lift


https://goo.gl/maps/Cs8cvZtBf1Qtx2LB6


Note: de King Boutique Hotel KLCC (3 star boutique hotel) right beside.


Updated info as of 22 September 2023.



This post has been edited by titanmelvin: Sep 22 2023, 06:09 PM

the daily room rate from Corrus hotel only 200++ per night, can this new one make it better than Corrus?

Why not? Newer, taller, with rooftop swimming pool

Woah excited to see the architecture of the building on 0.38 acres of land. Mind blowing.

Just a rather small piece of land less than one acre also can build nowadays.

is less than half an acre
impressive

Yes. Couldn’t imagine how the lobby gonna be.

It’s just a really tight spot. I couldnt imagine the congestion after it’s completed.

no different, is already congested now, more 300 over unit doesn't really make a difference in klcc area, ppl still take lrt more if it is just next to avenue k
but still location is good

And price is RM2k per sqft

Those who are cash rich and strong holding power can buy la.
Those not much cash and brain wash by property guru or agent can consider stay away.
Parking and see.

Is this Hugoz? Or something else?

Parking for more info

something else, very close to avenue K

based on the info above, 323sf studio at 2k psf, price is about close to 700k, installment wise about 3k per month excluding maintenance fees, which I doubt will provide a carpark for the smallest unit.

however location wise definitely much better than hugoz, as it is only about 300+ units, not that high competition compared to hugoz.

Summore just directly next to Avenue K, even many hotel also not as close as this project to KLCC, securing tenant for airbnb basically not an issue, you can even expect occupancy rate of at least 85% during non peak season. (walk in asking will be a lot)

however expect maintenance fee will be high, maybe including installment about 3200, given only rent out RM200 per night for 85%, still can expect some return after deduct airbnb fees. (btw i think RM200 per night for this area is quite low already)

the only issue is you need to fork out more for downpayment as I heard not able to get 90% loan

Cheapest around RM697k after discount.

Sorry im gonna give it a skip.

Good luck investing. Cheers.

yup, study carefully, do your own diligence, go in with your own risk.

There is no right or wrong for investment, just end up seeing your own preferences.

Yup, don't be fool by the agent

Automated Car Parking System for this project.


Bigger units like 484 sqft (2 rooms) and 657 sqft (Dual key) are under HDA, so can get better loan margin / lower down payment for those.

This post has been edited by titanmelvin: Jun 16 2023, 07:20 PM

even HDA also not 90% for this project right?

Info not confirmed yet, but as of now available info is up to 85% of SPA price for HDA. Will update here once info is confirmed.

This was previously a car park where I usually park during my 9-5 works in Maxis tower ....

It is just across a road to AVENUE K...... Superb strategic location....