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Investment Buying Condo/Apartment To Rent Out

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TSJason
post Jun 2 2009, 04:20 PM, updated 17y ago

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Hi sifus..

Wondering where is a good buy to rent out? Looking around I see so many Condo/Apartments coming up, is it going to be fully occupied and rented out? A look at Subang there's so many apartments and condos behind Subang Parade and next to Carrefour.

Basically open to suggestions..
1. Freehold
2. Klang Valley
3. ~300k
4. For investment, on rental and possible sale in the future
5. Prefer something new, or relatively new

Key concern is worried that nobody rent.

Cheers!
babana
post Jun 2 2009, 05:01 PM

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My two main choices for undercon REI (condo/apartments) currently would be Titiwangsa Sentral and Zest. Fits ur bill of freehold, easy on budget, potential for high rental yield n located in the Klang Valley.

More details in these threads:

Titiwangsa Sentral - http://forum.lowyat.net/topic/1033876

Zest @ Kinrara 9 - http://forum.lowyat.net/topic/870810

This post has been edited by babana: Jun 2 2009, 05:02 PM
propcritic
post Jun 2 2009, 05:57 PM

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QUOTE(babana @ Jun 2 2009, 05:01 PM)
My two main choices for undercon REI (condo/apartments) currently would be Titiwangsa Sentral and Zest. Fits ur bill of freehold, easy on budget, potential for high rental yield n located in the Klang Valley.

More details in these threads:

Titiwangsa Sentral - http://forum.lowyat.net/topic/1033876

Zest @ Kinrara 9 - http://forum.lowyat.net/topic/870810
*
Yeah,...2 of the better prop launches lately...ooops!.....dun think TS has been launched or will ever be launched! biggrin.gif

aeronic
post Jun 2 2009, 06:37 PM

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banana what us undercon?
babana
post Jun 2 2009, 06:48 PM

too old; do not want
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QUOTE(propcritic @ Jun 2 2009, 05:57 PM)
Yeah,...2 of the better prop launches lately...ooops!.....dun think TS has been launched or will ever be launched! biggrin.gif
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lol! yea...i second your thoughts as sales of TS have been too encouraging! drool.gif
block B of TS is made available to the general public (block A is reserved only for the developer's staffs and business associates) but it might also be sold out already as i type this!

QUOTE(aeronic @ Jun 2 2009, 06:37 PM)
banana what us undercon?
*
undercon = under construction
TSJason
post Jun 4 2009, 02:02 AM

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thanks babana for your precious opinion. i looked the TS thread, looks like i may be too late already! any other upcoming hot projects? share the love.
yes@etoad.com
post Jun 4 2009, 02:53 AM

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Try Pertama Residency.

- fully furnished designer studio - like a 5 star hotel
- 5 mins drive to KLCC
- near to LRT, 10 mins walk
- very rare to find such studio in cheras, result -> demand > supply
- only around 260k, can easily fetch 1.5k rental
- basically, you don have to do anything, alrady nicely decorated
- awesome KLCC view! free firework shows
- awesome bathroom, not many hotels or studios/aprt can offer a view from your jacuzzi! extra nice if you are young and in love! rclxms.gif thumbup.gif wub.gif
- VP in august/sept 09
- total around 320 units, and around 60 units sapu by foreigners. will have good expat community, high rental

Interested, let me know!! I have a few units. I can help those who want to sell theirs as well.


cic.lemur
post Jun 5 2009, 03:17 PM

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QUOTE(yes@etoad.com @ Jun 4 2009, 02:53 AM)
Try Pertama Residency.

- fully furnished designer studio - like a 5 star hotel
- 5 mins drive to KLCC
- near to LRT, 10 mins walk
- very rare to find such studio in cheras, result -> demand > supply
- only around 260k, can easily fetch 1.5k rental
- basically, you don have to do anything, alrady nicely decorated
- awesome KLCC view!  free firework shows
- awesome bathroom, not many hotels or studios/aprt can offer a view from your jacuzzi!  extra nice if you are young and in love!  rclxms.gif  thumbup.gif  wub.gif
- VP in august/sept 09
- total around 320 units, and around 60 units sapu by foreigners.  will have good expat community, high rental

Interested, let me know!!  I have a few units.  I can help those who want to sell theirs as well.
*
Hi, what's the psf, what's the name of the LRT? star/monorail/putra?

What you mean VP in august/sept 09?

I may be interested to get one here.
yes@etoad.com
post Jun 5 2009, 09:56 PM

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QUOTE(cic.lemur @ Jun 5 2009, 03:17 PM)
Hi, what's the psf, what's the name of the LRT? star/monorail/putra?

What you mean VP in august/sept 09?

I may be interested to get one here.
*
It means it will hand vacant possession around August or Sept 09, meaning, no keys to owner yet.

It is 610 sqf, and cost you 260k for an awesome KLCC view unit.

It is Star LRT line. If interested, plz give me a call or email. yes@etoad.com or 016-207 8918
cic.lemur
post Jun 8 2009, 09:23 AM

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QUOTE(yes@etoad.com @ Jun 5 2009, 09:56 PM)
It means it will hand vacant possession around August or Sept 09, meaning, no keys to owner yet.

It is 610 sqf, and cost you 260k for an awesome KLCC view unit.

It is Star LRT line.  If interested, plz give me a call or email.  yes@etoad.com or 016-207 8918
*
Which Star LRT line? Is this in Cheras?

This post has been edited by cic.lemur: Jun 8 2009, 09:27 AM
babana
post Jun 8 2009, 09:38 AM

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QUOTE(Jason @ Jun 4 2009, 02:02 AM)
thanks babana for your precious opinion. i looked the TS thread, looks like i may be too late already! any other upcoming hot projects? share the love.
*
no upcoming 'hot' projects within your price range which i can think of for now. u can try gaya serviced apmts in melawati but i think they're all sold out too. well of course there are many other new launches sub 300k but it is not within my radar for investment purposes. zest has recently launched block A though, which is still within your budget.

 

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