This post has been edited by yhanlee: Dec 31 2014, 08:27 PM
Investment C180- The Livia (Transforming Cheras 180 Degree)
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  Dec 31 2014, 08:25 PM
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#1
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Junior Member
73 posts Joined: Jul 2007  
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Just bought a studio unit at 340k fully furnished. Hope it's a good investment
This post has been edited by yhanlee: Dec 31 2014, 08:27 PM |
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Jan 1 2015, 09:27 PM
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#2
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Junior Member
73 posts Joined: Jul 2007
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Looks quite a happening there in my opinion. Lots so eateries, pubs and banks. I always go there for steamboat and parking is never a problem. Really feel quite convenient to stay there. Made a check with a few property agent frens, rental for the studio can fetch rm.1.6 to 1.7k month so decided to invest coz I think the place will turn out to be a hot place in cheras in the future. Just hope that I'm right
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Jan 1 2015, 10:16 PM
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#3
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Junior Member
73 posts Joined: Jul 2007
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Yes even CIMB is there now so quite confident. The facility like swimming pool and gym is also well maintained. Plan to apply an extra card to use the facilities after renting it out
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Jan 2 2015, 01:17 AM
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#4
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Junior Member
73 posts Joined: Jul 2007
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QUOTE(tikaram @ Jan 2 2015, 12:19 AM) hear my unit owner said the occupy only 40%. Lucky I sold it early. Occupancy is that low bro? I thought should be around 50%  where rpgt is low with good profit.    . I checked from the management |
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Jan 2 2015, 09:54 PM
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#5
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Junior Member
73 posts Joined: Jul 2007
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QUOTE(greenmoon @ Jan 2 2015, 08:38 AM) 350k for 551sf is very very high, almost 600psf Yup the price is quite high but the potential is there in my opinion. heard taxi driver told me rich tauke hide their mistress here. haha. |
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Jan 2 2015, 10:41 PM
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#6
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Junior Member
73 posts Joined: Jul 2007
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QUOTE(bearbearwong @ Jan 2 2015, 10:03 PM) you wanan rent for 2k studio or not? As long as can cover my monthly installment is good enough for me bro. Rm2k/month in the future is possible in my opinion. Why not? What makes u think that it's not possible?you only wanted to buy... if I fork out 2k for rental, mind as well just buy it.. 350k subwsales now around 1.5k monthly instalments  |
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Jan 3 2015, 12:09 AM
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#7
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Junior Member
73 posts Joined: Jul 2007
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QUOTE(bearbearwong @ Jan 2 2015, 10:47 PM) not to say not possible, but studio.. Thanks for the advice I know investors normally cover the loans using rental.. so if rental = installments, hmm why not buying.. furthermore, competition there is stiff... so many high rise... studio in my view too small for a family and too expensive for single.. unless the commercial/office there is very boom, kind of hard for ppl to park in 2k for rental in studio..well as of now, 1500 can get KL new highrise, 4 roomer or 3 roomer at least purely just view . One of the reason to buy there is also because I'm staying nearby thereforeQuite familiar wif the place. Really quite happening now compared to 1 year ago. In my opinion since the opening of aeon selatan really bring up the surrounding area. Hopefully it will continue |
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