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Old April 5th, 2008, 02:04 PM   #141
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Old May 2nd, 2008, 08:21 AM   #142
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So exclusive even the rich need an invitation
NST Online » 2008/05/02

KUALA LUMPUR: Psst... have you heard? There are a few RM15 million apartments for sale.

Why the secrecy? Believe it or not, the developers don't want the super rich to know.

So exclusive are these condominium units that purchase comes through private and personal invitations given to a select few.

In the case of the Four Seasons Residence, the development is oversold, a source revealed.

What is even more astounding is that nearly 90 per cent of those who put their names down for the units are locals who are among the who's who of Malaysia.

Another source said that GuocoLand (Malaysia) Bhd's planned 42-unit condo project in the Kia Peng area would be first offered to "family and friends" of the developer, given the limited number of units.

This means that one would have to be in an inner circle, or hope that the developer has less than 40 friends to recommend it to when plans for the development are ready early next year.

Another much-awaited condo development is The Binjai by KLCC Holdings, which is expected to be ready sometime next year.

The extended completion date is to facilitate design upgrades.

Marketing efforts are expected to commence soon but price details are still not available.

This is despite the fact that the developer had circulated information packs to certain high net-worth individuals as far back as 2002.

A media preview for the project was held in August 2004.

Binjai is touted as having the best uninterrupted view of the Twin Towers and the luxury of having the KLCC Park at its doorstep, as such one can expect the pricing to reflect this exclusivity.

In the case of Guocoland's condo project, the source said that the developer could be looking at tagging the units just above the RM3,000 psf rate when it is launched early next year.

As for the Four Seasons Residence, which is part of an integrated hotel and service apartment development in Jalan Ampang, a source said the units were "overbooked".
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Old May 2nd, 2008, 12:03 PM   #143
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Quote:
Originally Posted by nazrey View Post
So exclusive even the rich need an invitation
NST Online » 2008/05/02

KUALA LUMPUR: Psst... have you heard? There are a few RM15 million apartments for sale.

Why the secrecy? Believe it or not, the developers don't want the super rich to know.

So exclusive are these condominium units that purchase comes through private and personal invitations given to a select few.

Those poor super rich. First Betty, down at the bowling alley, snubs the super rich by not inviting them to her Bridge night, now this!

This is officially in absurd territory. Some people have completely lost touch with reality and believe the myth and fantastyland they've created for themselves. I can just hear their pathetic murmurs now. "Did I make the list? Did I make the list? I must be really important!" Why do I get an image of Mariah Carey?


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Old June 2nd, 2008, 05:02 PM   #144
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Old June 2nd, 2008, 10:41 PM   #145
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that looks like a render Nice pic! In a few years Kuala Lumpur's skyline will be totally balanced
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Old August 6th, 2008, 11:04 AM   #146
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Old August 6th, 2008, 11:05 AM   #147
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The Four Seasons Place, KLCC (Invitation Only Launch - Introduction)
Saturday, July 5, 2008

Four Seasons at KLCC will not be launched to the public. Slated for invitation this year, this development is said to be asking for some RM3000 persf and above, making it the highest benchmark for all KLCC developments to-date. It is located just a building away from the Petronas Twin Towers, only separated by Menara Maxis. Next to the tallest PTT at 88 storeys, Four Seasons will stand at 70 storeys. However, there was some dispute on its height a while back, perhaps bringing the final adjusted height to some 60 storeys in total. Four Seasons will be the ultimate luxury in KLCC living. A 3000sf unit here will cost some RM9Million at least, and this is only for the elite and the discerning few. For own stay, you cannot get any better than this if city living is your thing. With such opulence, the only ones that can top this range would be the penthouse suites at Four Seasons itself. For investment, although a very tempting offer to own the best at KLCC, do remember that subsale or rental prospects will be a feat on its own. How many folks out there can afford subsale prices of RM12Million and above if units here do indeed start at 3000sf? How many tenants can afford rental rates of RM100K and above per month? If you are thinking of investing here at Four Seasons, be sure to note that your only prospective buyers or tenants will come from a very high end, exclusive circle of clientele. This may or may not be readily available. This is not the kind of property where you can contact any agent on the market and have them sell or lease out your unit for you. Your marketing source will be severely limitted only to the exclusive few. Having said all this, do note that if you do hit the jackpot, the returns will be extremely rewarding. With Four Seasons, if you do intend to invest here, make sure your holding power is second to none. For own stay, if you can indeed afford here, there is nothing much else you should be concerned about then. Location is excellent, but do bear in mind the congestion at Jalan Ampang during peak hours. Other than that, how else can one dispute on the best that KLCC has to offer? Units facing KLCC will be the best bet. Try not to have units facing Wisma Central on its right, that would not be a very nice view to have for a unit that exorbitant in price tag.
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Old September 2nd, 2008, 04:56 AM   #148
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Four Seasons project set for early 2009 launch
By Sharen Kaur Published: 2008/09/02

VENUS Assets Sdn Bhd, a firm controlled by Singapore property tycoon Ong Beng Seng, is set to launch the Four Seasons Hotel and Condominium project in Kuala Lumpur worth over RM2 billion by early next year.

The hotel rooms and condominium units will be contained in a 60-storey building, which is being upgraded to 65 floors, pending approval from Kuala Lumpur City Hall.

The building will be constructed on a 1.O4ha site between Menara Maxis and Wisma Central, which used to house an open air carpark.

Venus Assets had acquired the land from Intan Sdn Bhd, a privately-held company controlled by the family of the late billionaire Tan Sri Khoo Teck Puat, for RM90 million in cash in October 2003.

Based on an earlier plan, the Four Seasons Hotel with 60 floors was to be developed jointly with KLCC Holdings Bhd on a 0.64ha site adjacent to Menara Maxis owned by the latter, while the 1.O4ha site owned by Venus Assets was reserved for a 30-storey serviced apartment block.

But the plan was aborted last year due to unforeseen circumstances, sources said.

Venus Assets has completed piling works on the 1.O4ha site it owns to prepare for the development based on new plans submitted to City Hall.

The project, in which Tan Sri Syed Yusof Tun Syed Nasir and the Sultan of Selangor, Sultan Sharafuddin Idris Shah, have interest, is designed by Connecticut’s Pickard Chilton Architects Inc.

It will feature 240 hotel rooms, 150 condominium units, six levels for parking and four retail floors, developed over four years or by mid-2013.

The project is seen as the crème de la crème and will set a new benchmark price in the city.

“The condominium units may be pegged from around RM3,000 per sq ft (psf) while the hotel rooms will cost more than RM750 a night, making the development the most expensive within the Kuala Lumpur City Centre (KLCC) enclave,” the source said.

“Looking at projects in Kuala Lumpur where transaction prices have doubled since the launch, Venus Assets is confident of sales and is targeting buyers from around the world,” the source added.

Kuala Lumpur’s current most expensive project is The Binjai by KLCC Holdings, which sits along the intersection of Persiaran KLCC and Jalan Binjai.

The indicative selling price is believed to be around RM2,800 to RM3,000 per sq ft.

Troika, a project by Bandar Raya Development Bhd, located at Jalan Binjai, has seen transaction price exceeding RM2,500 per sq ft, from its launch price of RM1,000 per sq ft.

Prices of Datuk Chua Ma Yu’s One KL, launched in 2005 at about RM1,000 per sq ft, have also almost doubled.
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Old September 2nd, 2008, 05:06 AM   #149
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if the new 65 storey proposal approved..so the new height is going to be 280+m

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Old September 2nd, 2008, 06:30 AM   #150
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wow, looks magical!!!
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Old September 2nd, 2008, 02:24 PM   #151
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Yes. Petrona towers are beautiful. I think they look more majestic in real than in the pictures.
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Old November 1st, 2008, 10:27 PM   #152
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Old November 1st, 2008, 10:57 PM   #153
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Old November 15th, 2008, 10:43 AM   #154
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Old November 17th, 2008, 09:42 AM   #155
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Old November 20th, 2008, 02:00 PM   #156
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Old November 20th, 2008, 08:10 PM   #157
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Old November 20th, 2008, 09:23 PM   #158
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thx nazrey for all the updates
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Old December 10th, 2008, 08:06 PM   #159
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Old March 10th, 2009, 03:24 PM   #160
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