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 marc or hamshire

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T816B
post Sep 24 2009, 11:09 AM

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QUOTE(Pai @ Sep 24 2009, 11:01 AM)
Best offer I've had to date was a completed lot in BPP going for 1.1mil, with rental around 6k. The rest all around 5% yield.

Joink will be able to give a better advise on this subject( i've yet to invest in one). Make sure u belanja him makan lah  tongue.gif
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Is the shop at the area of the 22x75 3 storey, next to Puteri Mart?
T816B
post Sep 24 2009, 11:22 AM

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QUOTE(Pai @ Sep 24 2009, 11:12 AM)
Not sure but  the tenant was LOREAL.
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If it is at that area, RM 1.1 mil is about 10-15% below market price.
T816B
post Sep 24 2009, 09:06 PM

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QUOTE(rachel23 @ Sep 24 2009, 07:32 PM)
eer..the lower the better loo, wah if got like what brother Pai mentioned,  1m, rental 6k , f/h..nice lo......tenanted the better loooo..can hold maybe a yr or two , but hair might drop heavily looo.....    rclxms.gif  rclxm9.gif
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For the 22x75 3 storey shop lots in BPP, the launching price was RM 8xxK, and then raised slowly up to RM 1.1 mil for some units (I am talking about intermediate units), depending on which rows the shop is.

In long run, I think it will be quite a good investment. However, IMHO, IOI has built too many shops in BPP in recent years. Hence, the capital appreciation is rather low as compared to some other areas.
T816B
post Sep 24 2009, 09:34 PM

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QUOTE(rachel23 @ Sep 24 2009, 09:16 PM)
4 storey Im also not so keen..unless its in an area where can build motel or something I think. Kota Kemuning KUCC Im not sure if still alright to buy , 2 sty at 8ook. Dev price was only 500k. up so much liau. Dont know how the area will fare later...nobody yet


Added on September 24, 2009, 9:24 pm

maybe at some point might still pop up unit for sale. Where is it actually? Is it further inside bandar puteri?
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Kota Kemuning KUCC already 800K? An agent called me several months ago and told me the price was RM 700K or so.


There are still sub-sales unit available for the BPP 22x75. It is next to Puteri Mart and the BPP Badminton Hall. I reckon the price is RM 1.25 mil or thereabout for the intermediate units.




T816B
post Sep 24 2009, 10:11 PM

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QUOTE(Joink @ Sep 24 2009, 09:47 PM)
Don't u think BPP is oversupply at the moment?
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I said so in my previous 2 postings.
T816B
post Sep 24 2009, 10:30 PM

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QUOTE(Joink @ Sep 24 2009, 10:22 PM)
yes u did. miss that.
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biggrin.gif


T816B
post Sep 25 2009, 10:45 PM

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QUOTE(winner @ Sep 25 2009, 05:40 PM)


Except the 1st row of the 3-storey shops directly facing the wet market which are doing quite well, the rest (especially inner side) are struggling but there are no distressed sales. However, if you can get a unit below the market value, you are lucky then! tongue.gif
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Not really, the best tenanted row would be the row facing the main road (the same road as per the badminton hall).
T816B
post Sep 26 2009, 08:43 AM

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QUOTE(winner @ Sep 26 2009, 06:53 AM)
Eh...I thought it should be the 1st front row (from the junction till the small lane before the big Chinese restaurant) directly facing wet market, where "Kung Fu Bat Kut Teh" is situated. shocking.gif This only involves a few units. Other shops facing the vacant land next to the wet market are dead. I went there to survey many times, but still couldn't find a unit under fire sale. sad.gif Selling price for those particular units is about 1.5 mil vs. the row facing the main road you mentioned at 1.2 mil.

Anyhow, with 2 proposed LRT stations around Bandar Puteri Puchong area, there is much potential for the shops there. Do you guys think there will be so many LRT stations since most of them are located very close to each other (Tesco - Rakan Muda Complex - Tractor)?

We should discuss this in Bandar Puteri Puchong thread instead. biggrin.gif This topic should be "exclusive" for Marc Residence vs. Hampshire Residence. smile.gif
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Is the row facing the main road asking for RM 1.2 mil? I did asked several times before and the price told was RM 1.4 mil and above. That was 6 months ago. Even the real estate agent told me that the row facing main row is the hottest. So are the businesses there. The Kung Fu Bak Kut Teh row is much quieter.

The back row (facing Puteri 6 housing area) are mainly occupied by offices which I think it is good. BPP needs more offices there rather than pure eateries.

Fire sale, I haven't seen any either. But, what is your definition for fire sale? RM 800K? smile.gif



T816B
post Sep 27 2009, 12:19 PM

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QUOTE(rachel23 @ Sep 27 2009, 12:14 AM)
huh? bandar puteri new thread ah? I also want to jump there if open new thread.  I think now I also dun wan HR liau


Added on September 27, 2009, 12:24 am

yeah..the newly launch that one. I didnt check which unit liau cos my friend say below the bridge he cant guarantee that 'feng shui' is good for tenants...so he said if business not good...then hard to rent out later.  He say feng shui not good ....maybe I shouldnt fully consider feng shui, maybe the front row will be good opp giant...hmm....
  doh.gif  oops.gif  but nvm lah...I think I will look for cheap and good feng shui one
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Here us the thread.

http://forum.lowyat.net/index.php?showtopi...&#entry28869401



 

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