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Investment Covillea Bukit Jalil, Berjaya Properties

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WannaGetBuffed
post Mar 28 2011, 11:06 AM

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QUOTE(Covillea @ Mar 28 2011, 10:00 AM)
Malaysia’s inflation accelerated to a 22-month high, putting pressure on the central bank to resume raising
interest rates. Consumer prices rose 2.9% in February from a year earlier, according to a report by the statistics
department that compares with the 2.7% median estimate in a Bloomberg News survey of 17 economists.
Malaysia’s inflation is set to accelerate and the economy may expand as much as 6% this year, the central bank
said, signaling it would move to counter rising prices and “financial imbalances.” Asian policy makers from India
to the Philippines have raised borrowing costs this month as oil and food costs surge. (Bloomberg)

Covillea's price to further escalate.
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Yup so is everyone's blood pressure. Thanks for the good news smile.gif
WannaGetBuffed
post Jun 6 2011, 12:07 PM

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QUOTE(kochin @ Jun 6 2011, 12:00 PM)
would you like to take up my unit then at say rm700k?  whistling.gif
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I would pay up to 750k if I see 2 jagungs whistling.gif
WannaGetBuffed
post Jun 6 2011, 02:37 PM

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QUOTE(kochin @ Jun 6 2011, 12:36 PM)
i give discount.
as housewarming present i buy you 2 dozens jagung.
and a minitiature model of our iconic building.
ho seh bor?  icon_idea.gif
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Give me some time to consider ok tauke? The housewarming 2 dozens of jagung freebies looks very tempting. wink.gif
WannaGetBuffed
post Jun 10 2011, 03:57 PM

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QUOTE(kochin @ Jun 10 2011, 03:40 PM)
assuming average original price of rm450k.
so 5% of rm450k = rm1875.
give or take add another rm350 for maintenance/insurance/sinking/assessment/quit rent/iwk/etc. so it's about 2225/mth.
think the rates currently are way above 2225.
am i right?
bad at calculation or ROI of props.
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Savanna current asking standard rent F/F would be 2.2k. Assuming transactions done at 600k, it's yielding 4.4%.
2,200 * 12 / 600k.

For Coveilla, if asking rent is 2.8k on a 450k price you would have 7.64% yield. If minimum you rent it at 2.2k you would still get ~5.87% yield. Not a bad investment if the commanding rent is there nod.gif

WannaGetBuffed
post Jun 10 2011, 07:08 PM

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QUOTE(super911 @ Jun 10 2011, 05:30 PM)
Full furnished 2.2k? That owner must be cheated by agent already. My friend just rented out his unit 2.8k last month.
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bro, ur agent only do bj? don't mind to pass me the details if u have the agent contact thx. Next time can help me rent out the unit at a better rate smile.gif
WannaGetBuffed
post Sep 5 2011, 05:25 PM

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So Covillea, after raya what is increased? Appreciate your further news of everything up up up.

 

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