Saturday, March 11, 2017

Multi-million ringgit homes

Most expensive — The Binjai on The Park

At a staggering RM50 million, the listing for a 19,180 sq ft penthouse condominium at The Binjai on The Park has surpassed even the more capacious landed properties. The project is developed by Layar Intan Sdn Bhd, a subsidiary of KLCC Holdings Bhd.

The agent dubs this RM2,606 psf unit a super penthouse unit with full interior design and complete with furniture as well as kitchen equipment and cutlery. The unit spreads over four floors and boasts its own infinity pool and two private lifts — one with direct access right to the entrance of the unit on the 42nd floor and another internal one serving the unit.

Besides its advantageous location next to the Kuala Lumpur Convention Centre and being merely slightly more than 1km from Suria KLCC, the vertically-advantaged unit offers unobstructed city views.

Penthouses at Pavilion Residences and The Troika asking for RM35 mil

The second most expensive high-rise residential property in the list is a penthouse at Pavilion Residences located in Bukit Bintang, which is asking for RM35 million, or an average of RM2,881 psf.

This 12,146 sq ft fully air-conditioned penthouse comes with a 5,573 sq ft terrace, a kitchen with cooking equipment and six bedrooms as well as nine car parks.

Pavilion Residences is a low-density leasehold development located on top of the Pavilion shopping mall. It offers 368 luxury residences housed in two towers, ranging between 43 and 50 storeys.

For The Troika, there are quite a number of multi-million ringgit listings. Among them, one unit comes with a price tag of RM35 million, which averages RM2,674 psf.

According to the listing, this duplex fully furnished penthouse unit has a built-up size of 13,089 sq ft, consists of 4+1 bedrooms and seven bathrooms and comes with its own rooftop swimming pool.

Situated along Persiaran KLCC, The Troika is about 1km away from Suria KLCC. It comprises three towers of 55, 44 and 38 storeys, housing 229 condominium units with only two units per floor. One of the standard features of The Troika is all units come with fully fitted bathrooms, kitchen hot water facility and centralised vacuum system as well as an inverter control air-conditioning system.

Developed by BRDB Developments Sdn Bhd, Troika is designed by renowned architects Foster + Partners, the same architectural firm which partnered Frank Gehry to design phase 3 of the Battersea residential projects in London.

Except for one, the rest of the top 10 most expensive listings are located in Kuala Lumpur, namely the KL city centre, Taman U-Thant, Ampang and Bangsar, including Rimbun@Embassy Row, Suria Stonor, One Menerung, The Pearl KLCC, Serai Bangsar and Madge Mansions. All of these units are penthouses with panoramic views.



Penang beachfront condominium on the list

Sneaking into the ninth place of the listing, the only non-Klang Valley property is a super condominium from Penang, One Tanjong at Tanjung Bungah, carrying a price tag of RM11 million.

This freehold, brand new unfurnished duplex penthouse has a built-up of 18,600 sq ft. It comes with a private pool and party floor and offers six bedrooms and seven bathrooms. According to the listing, the unfurnished unit also offers a magnificent sea and hill view.

One Tanjong is a beachfront luxury condominium comprising two 41-storey blocks offering a total of 147 units with only two units per floor.

Some of the common features among the 10 most expensive high-rise developments include proximity to the city centre, large built-ups with panoramic views, and excellent security as well as facilities.

Top two most expensive landed properties are in Penang

For landed properties, the top 10 most expensive listings on TheEdgeProperty.com range between RM25 million and RM45.7 million.

The most expensive house on the list is a 2-storey heritage bungalow with a built-up size of 30,000 sq ft at Jalan Lim Mah Chye in Georgetown, Penang. This over 100-year-old bungalow is located 450m away from The Heritage Club and about 4.5km away from Komtar Tower. The bungalow has an astonishing land area of 1.5 acres, and it is freehold too.

The bungalow comes with five bedrooms and five bathrooms. Located on such a vast piece of land, the buyer could easily expand the built-up.

The second most expensive listing is a freehold 2-storey furnished bungalow with a built up of 8,230 sq ft at Jalan Biggs in Pulau Tikus, Penang, which is asking for RM43.3 million. It is located about 500m from Colonial Penang Museum and about 2km from Gurney Drive.

This vacant bungalow has a land area of 43,357 sq ft and the house comes with five bedrooms and five bathrooms. The agent, who declined to disclose his name, said it is an old bungalow purchased by the current owner three years ago on the secondary market.

Twin bungalows with potential commercial value

The third most expensive landed property is a listing offering two single-storey bungalows sharing one land title at Lorong Yap Kwan Seng, KL, which is asking for RM42 million.

The freehold twin bungalows are sited on a land area of 15,000 sq ft and come with a combined number of 10 bedrooms and eight bathrooms. According to the agent, this is a rather old property of at least 10 years old. The owner has already converted the title for commercial usage.

According to the listing, the property has the potential to be converted into a showroom, restaurant or embassy. Some of the houses on the same street have already been converted into car showrooms and restaurants.

The other seven most expensive listings are from Bukit Tunku (or Kenny Hills), KL city centre, Ampang, Taman Bukit Pantai, Tropicana in Petaling Jaya and Penang.

Among these listings is another two-unit bungalow situated on one plot of land at Lorong Gurney, KL, which is considered a rare deal as it is located close to KL city centre — about 4.5km away.

This freehold property has a land area of 26,997 sq ft and a built-up of 19,090 sq ft. It boasts 10 bedrooms and 10 bathrooms as well as a guardhouse and two swimming pools.

Bungalow with the biggest land area

Another interesting listing is a two-and-a-half-storey bungalow which is situated at Taman Tun Abdul Razak, Ampang Jaya, Selangor. It has the biggest land area among the top 10 list of most expensive homes for sale, at about 1.6 acres.

According to the listing, this leasehold property, tagged at RM30 million, features 11 bedrooms (including servant rooms) and 15 bathrooms as well as 17 car parks.

It also comes with a swimming pool, barbecue area, main lounge, gymnasium room, two dining areas and dry and wet kitchens, as well as six store rooms.

Wednesday, March 8, 2017

豪宅拍卖底价跌!跌!!跌!!!


市道欠佳,大量豪宅流入拍卖市场,却无人问津,被迫调低拍卖底价,《2016年度拍卖报告》显示,第一次及第二次拍卖虽只相差半年,但经调整后底价却相差介于100万至200万令吉,调降幅度高达27%至34%!

主要是在这段期间,遭拍卖的高档房产数量不断飙升,供应多于需求所致。

拍卖资讯网Auction Guru报告指出2016年全年注册拍卖的住宅房产数量相比2015年的2万5675个单位,及2014年的3万2192个单位,分别减少了11%及29%,至2万2919个单位。

根据纪录,这些住宅房产的总拍卖底价却在2016年创下高峰,写下62亿令吉,相比2015年的52亿令吉激增19%,及比2014年的53亿令吉增长17%。

报告中所列出的有地住宅中,不乏处于高尚住宅区的房产,如位于白沙罗高原的3层高半独立式洋房,拍卖底价从去年9月时第一次标示的460万令吉,在今年3月第二次拍卖时,底价已调降至335万,半年内调降幅度高达125万令吉或27%。

另外,也有3层高别墅,第一次拍卖及第二次拍卖底价,半年内也都调降了230万令吉或34%;同样的情况皆出现在其他遭拍卖的高档住宅。

拍卖市场上几乎每个月都有A级房地产被拍卖,即那些地点优越,价值极具吸引力的房地产,如位于吉隆坡国际会展中心(KLCC)、八打灵再也、孟沙、满家乐等地区,且价格是越来越实惠。

增值慢回酬低 投资者易陷财困

站在投资角度,高档房产具有其内在的脆弱性,如租金收益回酬相对较低,以及想要实现资本增值或价格上涨所需花费的时间更长,部份业主及投资者或因此面对财政周转问题,进而容易出现贷款偿还违约风险。

区域及国内经济条件持续处于不利状况、美联储升息几率高,都将为令吉复苏带来阻力,因此预计今年首半年房产拍卖市场将继续扩大。

无论如何,危机中往往蕴含着转机,对拥有高净值的投资者而言,此时或是入市的黄金机会,因为在许多热门地区确已出现许多非常经济实惠的住宅房产。

去年拍卖总值增至98亿

报告指出,2016年一共有2万6101个包括住宅房产单位、商业房产单位及土地被注册到拍卖市场中,尽管数量相比2015年已减少9%,但拍卖总值却成长了29%至98亿令吉。

被拍卖数量减少,反映业主的房地产持有能力(holding power)已有所提高,而市场普遍的趋势是,业主会优先支付房贷供期,并删减可酌情处理的支出。

相比前两年,去年注册拍卖房产减少但价值却走扬,反映高档房产出现贷款违约数量增加,及商业房产和土地拍卖价值有所提高。

另外,整体拍卖房产数量减少也反映房地产市场触底迹象已有放缓趋势,相信房地产市场至少将持续保持收缩及走缓至今年下半年。

至于目前频临垂死边缘的房地产市场到底要到什么时候才会出现转机,一般消费者的消费情绪、令吉走势、家债水平及政府的财政状况都将是决定性因素。


Tuesday, March 7, 2017

Serenia City / Sunsuria City

Serenia City total land size is 2,370 acres. The portion taken up by Sunsuria City is 525 acres.

Previously called Suria Serenia, Sunsuria City started as a JV between Sime Darby and Sunsuria. Sunsuria eventually bought up the JV company.

The core of the township is the 150-acre Xiamen University Malaysia with GDV of RM10 billion.

Earthworks for the university began in 2013. Part of Phase 1, comprising a block of the activity centre and a block of the hostels was completed. When fully completed, Phase 1 will boast a total of 3 million sq ft for 5,000 students. The development of the rest of the tract will depend on future needs. The university will eventually cater for 10,000 to 20,000 students.

The campus saw its first intake of 187 students in February  2016 and its second intake of 300 in April. Together with a third intake in September, Xiamen University Malaysia is expected to have about 1,400 students, of whom 500 will be from China.

Besides the university, the masterplan of Sunsuria City includes a transit-oriented development with a shopping mall, hotel, serviced apartments and a corporate office tower; a component called Provence Village that offers a mainly Korean-French experience; high-rise and landed homes; as well as a mix of commercial properties.

Next to Provence Village will be the 40-acre Kuala Lumpur International Outlet, which will be undertaken by Horizon Outlet Shoppes Sdn Bhd — a JV between Horizon Group Properties and property and construction firm Mainstay Holdings Sdn Bhd.

Sitting on 8.53 acres, Jasper Square offers 86 two and three-storey shopoffices priced from RM1.5 million. Bell Avenue is fully booked and has enjoyed 80% of converted sales. With a GDV of RM170 million, it covers 7.4 acres and comprises 78 retail units with built-ups that start at 2,282 sq ft.

Sunsuria announced a 60:40 joint-venture collaboration with Welcome Global Co Ltd, a wholly-owned subsidiary of Ever Rich Land Co Ltd, to develop an 8.48-acre Korean-themed development in Sunsuria City that will house a boutique hotel, wedding house, serviced apartments, cultural heritage retail shops and a themed garden.

 
 

Monday, March 6, 2017

Friday, March 3, 2017

Drastic Price Drop - Semi-D At Cheras

Location: Bandar Mahkota Cheras, Cheras, Selangor, Malaysia.

地点:马来西亚,雪兰莪,蕉赖皇冠城。


This is a 3 storey semi-detached auctioned by bank at Bandar Mahkota Cheras, the price started with RM1.2 mil and later went down to RM0.78 mil before sold to a sole bidder. At the loan approval rate of 40% for property, the coming property prices will be under great pressure.

这一间在蕉赖皇冠城被银行拍卖的3层半独立式,价格从最初的RM1百20万,一直跌至RM78万,最后在只有一个投标人的情况下拍卖。在房屋贷款批准率只有40%情况下,接下来的产业价格将受到很大的压力。