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 completed condo / apartment with good yield, completed condo / apartment good yield

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Backkom
post Jan 26 2010, 08:37 AM

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JB got la... Prima Regency studios, entry cost 120k-130k, rental yield 1k for fully furnished units... 3 bedroom 190k can fetch 1.5k...
Backkom
post Jan 26 2010, 01:24 PM

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QUOTE(??!! @ Jan 26 2010, 01:06 PM)
How much mantainence fee per month?
What is average cost for fit-out and furnishing?
Overall occupation rate at Prima Regency?
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RM 0.20 psf.
To fully-furnish one studio probably cost about 10k.
Occupation rate - maybe 80%? Studio (without a crazy price tag) can be rented out within 1 month.
Backkom
post Jan 27 2010, 09:19 AM

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QUOTE(??!! @ Jan 26 2010, 06:47 PM)
Terima kasih.
Know of any units for sale?
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Hmm you can try to search in iproperty, propnet and etc?
Havent been monitoring lately...
Backkom
post Jan 28 2010, 08:40 AM

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QUOTE(livingmonolith @ Jan 27 2010, 04:10 PM)
last check in iprop there is a studio 500+sf at 115k. not sure about the furnishing though. but that would probably be a very good entry price if the rental can fetch the price you mentioned earlier.
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Don't think that's recent. Currently asking price for unfurnished unit is between 120-130k (a bit unreasonable to me).
Rental 1k for f/f is easily achievable. Some nicely furnished with ID units are even demanding 1.2-1.3k.



 

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