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 Binastra Cochrane Park @ Jalan Cochrane, Property

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edkhan26
post Dec 7 2024, 01:50 PM

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QUOTE(Chady @ Dec 7 2024, 08:56 AM)
Nice. Looking forward for Binastra’s master plan.
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Not too many condos here? Sunway velo 3 brings 4000 units... umm malaysians wanna live here? 3k rental only chinese nationals can stomach?
edkhan26
post Dec 7 2024, 06:38 PM

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QUOTE(Chady @ Dec 7 2024, 02:40 PM)
Too many actually within the same area 😅 This place is more towards investment rather than stay. And tenants normally prefer newest condo to rent.

So there's upside potential for Binastra & Sunway, given they are one of the last few developments near MRT Cochrane.

Over the weekend & peak hours, the traffic is really heavy at Jalan Cochrane and Jalan Shelly.
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Yea um lots ot old and not too old condos around which willl be unrented unless more foreigners come into tjis part of town or malaysians salary pick up faster in the next few years.

Chinese national tenants are known to be dirty and nasty to properties? Also another consideration if majority are from China
edkhan26
post Dec 7 2024, 06:39 PM

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QUOTE(Chady @ Dec 7 2024, 02:40 PM)
Too many actually within the same area 😅 This place is more towards investment rather than stay. And tenants normally prefer newest condo to rent.

So there's upside potential for Binastra & Sunway, given they are one of the last few developments near MRT Cochrane.

Over the weekend & peak hours, the traffic is really heavy at Jalan Cochrane and Jalan Shelly.
*
Yea um lots ot old and not too old condos around which willl be unrented unless more foreigners come into tjis part of town or malaysians salary pick up faster in the next few years.

Chinese national tenants are known to be dirty and nasty to properties? Also another consideration if majority are from China
edkhan26
post Dec 7 2024, 06:45 PM

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QUOTE(edkhan26 @ Dec 7 2024, 06:39 PM)
Yea um lots ot old and not too old condos around which willl be unrented unless more foreigners come into tjis part of town or malaysians salary pick up faster in the next few years.

Chinese national tenants are known to be dirty and nasty to properties? Also another consideration if majority are from China
*
Its really KL and Bangkok that I see bite sized condos being built so exponentially in a particular area. Blocks with few thousand units. UK or more developed nations will never allow that to happen. Over Density will choke a particular area. But its also peculiar that developers continue to launch thousands of units time and time again. Means there is demand. Sunway aint that crazy. But one thing sure is that developers have more to reap than buyers. Just look at UNA. SDB is launghing all the way to the bank with almost 900 psf whilst buyers are holding to units worth 600psf. Well caveat emptor as always.

 

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