Author Topic: KLCC properties  (Read 8861 times)

Offline outlander2005

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KLCC properties
« on: October 05, 2011, 12:05:45 PM »
KLCC area are still selling about RM1K per sq feet.... Is it a good time to enter that area?? most of the new development in KL are already selling at RM600/sf. Sri Petaling (Seringin) area selling at RM500 - 600/sf. Same with Jaya One. By comparison, KLCC area seems like a good deal now. Any thoughts???
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Offline bryankwc

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Re: KLCC properties
« Reply #1 on: October 05, 2011, 12:41:14 PM »
I think the best thing for you to do is to have a chat with a friendly real estate agent.
Coincidentally, one of my biz associate is looking at a property development at Jalan Stonner, a stone's throw from KLCC.
It's going to be a high-end, high-rise residential thing.
Upon completion, in about 2 years' time, he anticipates a selling price of about RM1,500psf.
A standard 3 bedroom unit of around 2,000 sq.ft. will be selling for RM3million. Talk about serious money!
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Offline chrisyen

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Re: KLCC properties
« Reply #2 on: October 05, 2011, 02:59:12 PM »
r u sure klcc area can get rm1k psf?
if yes, pls grab!!!

Offline Watchnewby

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Re: KLCC properties
« Reply #3 on: October 05, 2011, 04:00:41 PM »
Ya, if confirm RM1k/square feet, please grab as the value may increased in a few years time.

Offline outlander2005

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Re: KLCC properties
« Reply #4 on: October 05, 2011, 04:40:30 PM »
yes it is ... is brand new, but min 3500 sq feet... so, you need at least RM4M... but the older apartments still can fetch 1k/sf. The new one is abt RM1.3K/sf now.
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Offline chrisyen

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Re: KLCC properties
« Reply #5 on: October 05, 2011, 08:50:00 PM »
Ya, if confirm RM1k/square feet, please grab as the value may increased in a few years time.

which condo around klcc rm1k /sf?

Offline outlander2005

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Re: KLCC properties
« Reply #6 on: October 05, 2011, 09:08:18 PM »
The Pearl... hav a buddy as the sales agent. le tme know if u interested.

http://www.propwall.my/klcc/the_pearl
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Offline chrisyen

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Re: KLCC properties
« Reply #7 on: October 06, 2011, 09:33:24 AM »
ok ok .... constructed by Beijing builder....
this one closer to pavillion, can see KLCC?

Offline outlander2005

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Re: KLCC properties
« Reply #8 on: October 06, 2011, 11:49:33 AM »
Folks - this is the same company that built Pavillion!!!!
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Offline outlander2005

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Re: KLCC properties
« Reply #9 on: October 06, 2011, 11:51:07 AM »
chris - yes... close to pavillion. Can see KLCC if you stay on higher floors.
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Offline siodee

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Re: KLCC properties
« Reply #10 on: October 06, 2011, 11:55:37 AM »
I thought already completed, still got left over unit for sale, or sub-sale? Min build-up is 3000sf, which is like more than 2.5mil  :o
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Offline outlander2005

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Re: KLCC properties
« Reply #11 on: October 06, 2011, 11:59:30 AM »
is already completed... the whole building was bought by Kuwait Finance House... they are selling it as sub sale now.
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Offline Watchnewby

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Re: KLCC properties
« Reply #12 on: October 07, 2011, 06:22:45 AM »
No wonder the price was higher. It was a sub-sales.
Another party to earn profit, therefore the selling price must be higher.

Offline outlander2005

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Re: KLCC properties
« Reply #13 on: October 07, 2011, 12:57:02 PM »
i think that is a good deal... but unfortunately the min is 3500 sq feet, the price is abt 4M... is out of my range. :(
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Offline chrisyen

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Re: KLCC properties
« Reply #14 on: October 07, 2011, 03:51:09 PM »
Land around Jln Tun Razak was asking for 1.5-2k/sft, am I wrong?

depend on plot ratio under DBKL 2020 local plan

and they are talking about price per floor area above, not land price!!!

Offline ykl

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Re: KLCC properties
« Reply #15 on: October 08, 2011, 08:11:42 AM »
For investment 3500sf, consider big and maybe harder to sell when you want to cash out...for tat amount of money might as well look for few middle cost property, just my opinion...
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Offline outlander2005

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Re: KLCC properties
« Reply #16 on: October 08, 2011, 11:44:31 AM »
For investment 3500sf, consider big and maybe harder to sell when you want to cash out...for tat amount of money might as well look for few middle cost property, just my opinion...

agree... cannot put all eggs in 1 basket...
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