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Investment WT ask..Invest on shop lot, Jalan wawasan 2/8,Ampang

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TShanif444
post Mar 19 2010, 05:10 PM, updated 16y ago

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I have went to see this unit at Jalan wawasan 2/8, 4 storey shop lot apartment.Ground floor unit shop lot looking to sell at Rm780k...I see that area quite good,it surrounding by Prima condos,Sunrice Park aprts, Next to Pekan Ampang,Opposite Ampang Water Front,..
Got CIMB,Hong Leong,RHB,EON,Affin,Lembaga Tabung,KFC,ToTo,1+3D around this bandar baru ampang.
Leasehold with 75years left.

Current Rent out at Rm3500 to saloon.

Is this a good location for invest?Pls guide me...



This post has been edited by hanif444: Mar 19 2010, 10:34 PM
almeizer
post Mar 19 2010, 05:37 PM

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Sorry not sure about the location but the rental yield only 4.6% which is kinda low.
night
post Mar 19 2010, 05:59 PM

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If I may ask TS, what business are you trying to operate with that shoplot?
TShanif444
post Mar 19 2010, 10:35 PM

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looking for long term invest 5-10 years...but leasehold with 75years left now...will i have problem when i sell 10years later?

 

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