Upcoming freehold development @ KLCC Corus Hotel, by Mah Sing
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 Aug 8 2025, 12:57 AM, updated 5 months ago
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#1
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Senior Member
2,135 posts Joined: Jun 2012 
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Mah Sing has bought over Corus Hotel at KLCC, with the aim to develop it into service apartments:
https://theedgemalaysia.com/node/765662 1.485acre freehold along Jalan Ampang Watch this space This post has been edited by IronManz: Aug 8 2025, 12:58 AM |
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Aug 8 2025, 10:39 AM
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#2
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Junior Member
98 posts Joined: Jul 2025
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QUOTE(IronManz @ Aug 8 2025, 12:57 AM) Mah Sing has bought over Corus Hotel at KLCC, with the aim to develop it into service apartments: anything to share ? 1.485acre freehold along Jalan Ampang Watch this space   |
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Aug 8 2025, 10:44 AM
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#3
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Junior Member
121 posts Joined: Jul 2025
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land is so small, then again I have saw Exsim built something on a land that is less than 1 acre
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Aug 8 2025, 10:48 AM
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#4
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Senior Member
4,694 posts Joined: Jan 2005 
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Basically Mah Sing just paid for the land.
The building comes FOC. |
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Aug 8 2025, 11:02 AM
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#5
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Junior Member
178 posts Joined: Jan 2009
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GDV RM1.28 bil.
Prince starts from RM898k. |
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Aug 8 2025, 11:04 AM
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#6
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Senior Member
4,694 posts Joined: Jan 2005
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QUOTE(Azamat_Bagatov @ Aug 8 2025, 10:44 AM) land is so small, then again I have saw Exsim built something on a land that is less than 1 acre Yang penting the plot ratio.This one can kaodim sama DBKL. $$$ shj. |
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Aug 8 2025, 11:36 AM
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#7
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Senior Member
3,966 posts Joined: Nov 2016
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strategic location.
smart move of of converting into service apartments... hotels is oversupply in KL CBD |
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Aug 8 2025, 12:09 PM
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#8
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Senior Member
5,635 posts Joined: Apr 2011 From: Kuala Lumpur 
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land cost is already 20% of the GDV, is it still profitable?
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Aug 8 2025, 12:29 PM
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#9
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All Stars
48,543 posts Joined: Sep 2014 From: REality
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They going to demolished the whole thing & rebuild again or what??
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Aug 8 2025, 02:51 PM
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Junior Member
773 posts Joined: Dec 2010 From: isudahinsap.flac
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QUOTE(nexona88 @ Aug 8 2025, 12:29 PM) They going to demolished the whole thing & rebuild again or what?? u dont say???must demolish baru can build else how can current foundation tahan? |
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Aug 8 2025, 03:43 PM
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#11
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All Stars
48,543 posts Joined: Sep 2014 From: REality
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QUOTE(DValentine @ Aug 8 2025, 02:51 PM) u dont say??? Malaysia Boleh....must demolish baru can build else how can current foundation tahan? Who knows.... Just do some renovation here & there... Convert from Hotel to Service Condo 😬 |
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Aug 8 2025, 03:45 PM
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#12
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Junior Member
121 posts Joined: Jul 2025
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QUOTE(scorgio @ Aug 8 2025, 11:04 AM) Yang penting the plot ratio. as you said if can kaodim sama DBKLThis one can kaodim sama DBKL. $$$ shj. Plot ratio also can kaodim somehow  |
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