Setia Sky has one of the most comprehensive facilities in KL region. To make up lack of location or public transport, 2 shuttle vans are serving residents and it's a hit.

Not sure where u get ur occupancy data but for Block A & B, it is hitting 70% after 2years from VP. as for Block C where it was VP-ed end of last year, the occupancy is still low maybe 20% where data is obtained from management office. Especially when the big sizes in Block C are asking much higher than block A & B that sold much lower price and can ask for lower rental.

It really depends on what tenants want. Just put in perspective for similar budget that you can get compact 1 bedder in KLCC condo with smallish facilities area, you can get spacious 2 bedrooms with its own private lift lobby, condo with comprehensive facilities and come with free shuttle van to KLCC.

Not a fair comparison IMO.... Different class of property and prices. Some buy one bungalow RM3m but make RM1m ROI however how many Condo that you need to buy make RM1m? Also amount of works that involved in managing tenant and profile of the tenant. If your property is in KLCC where some of the expat's rental is paid by company, you have lower risk and secured payment.

I think most of the high end condos in KLCC have been stagnanting except if you buy smaller units. The phenomenon is not only limited to Sky Residence. The Dua already stagnant around RM850-900psf since 2008. It is issue of affordability. However rentalability is another matter altogether.

However with most mass market now even asking RM600psf onwards and some so called luxury condo in OKR and Kota Damansara asking RM1300psf, it will be interesting time to see in next 3-4years.....

Property investment is long term journey. some with proven strategy will repeat and reap the rewards accordingly.

I was told by a friend that a low floor 1378sqft transacted at rm1.2m about 2-3months ago. Didn't make a lot money but not losing money either. But given the market boom during 2009-2012, nothing to shout la.

Your friend must be one of the unlucky one who sell at such massive losses.

Anyway MRT is coming next door which literally just 20m away from the guardhouse. This MRT will link to prime location such as KLCC, TRX and Bandar Malaysia. Some owners may hold till MRT completion. For prospect buyers, this might represent opportunity to hunt a property rm300k below developer price which literally just next to confirmed underground MRT station.