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 Is SOHO Worth to Invest?, Is SOHO Worth to Invest?

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DrPitchard
post Jul 2 2013, 02:57 PM

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QUOTE(Alan Soo @ Jun 29 2013, 07:02 PM)
Scott soho look empty, i thk completed quite some time already. what is the problem?
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phengeon
post Jul 2 2013, 03:21 PM

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[quote=abgkik,Jul 1 2013, 02:36 PM]
Depends..

If bank categorized the SOHO as residential, the loan up to 90% is possible... but LTA 70% for 3rd prop is applied..
If bank categorized the SOHO as commercial, the loan up to 85%...
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Residential or commercial is it varies fr bank to bank or varies fr project to project?
wfsiew
post Jul 2 2013, 06:05 PM

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SOHO very popular nowadays especially at klang Valley.

mostly SOHO at market now include with furnished (partial/fully).

for the bank loan, mostly if 85% for commercial property and 90% apply for residential property.
CMW123
post Jul 16 2013, 02:48 PM

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Anyone know why developer build so many SOFO?

1. Land below 2 acres can only do commercial but not residential?

2. Help purchasers with LTV 70%. But can give 20% rebate like South View by UOA to resolve

3. Want to avoid HDA regulation? As commercial, freedom to bill purchasers based on own designed stages in S&P agreement and can withdraw collection without HDA restriction?

4. Because commercial land based on plot ratio can generate higher saleable floor space for SOFO wherelse if build serviced apartment/SOHO need to follow density per acre and lower unit number and higher unit size per unit?

5. You mean SOFO can sell higher psf price compared to serviced apartment/SOHO so developer sell more SOFO?

6. SOFO S&P agreement must state for office use only? How about the DMC (surely would not state allow for residence, right)?

7. SOFO would not provide any room partition; total open space like office. Lower cost to construct?

8. SOFO supposed to have pantry and serviced apartment/SOHO have kitchen

9. SOFO would have requirement on fire springer system due to bomba requirement? Would you want to stay in a unit with springer?

Candino
post Aug 4 2013, 12:23 AM

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how about i-soho at i-city ? worth to invest ?
rainman19
post Aug 4 2013, 12:49 AM

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QUOTE(Candino @ Aug 4 2013, 12:23 AM)
how about i-soho at i-city ? worth to invest ?
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my personally look at it, studio or soho might be good to rent out or sell in future.
due to our new generation spending power and bank negara restriction (not easy get loan).
studio & soho still within reasonable rate and get loan easily.
even rental oso ok to go
meaning to say that, 1st home buyer wish to get their home, this will be their ideal after few yrs later (plus EPF might able to pay for Studio 10% downpayment).

my 2 cent

itkaki
post Aug 4 2013, 11:21 AM

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QUOTE(Candino @ Aug 4 2013, 12:23 AM)
how about i-soho at i-city ? worth to invest ?
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Yes, worth to invest thumbup.gif
Candino
post Aug 4 2013, 02:12 PM

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QUOTE(itkaki @ Aug 4 2013, 11:21 AM)
Yes, worth to invest  thumbup.gif
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I thought SOHO only good in KL city ..but that is shah alam
hornbillim
post Aug 4 2013, 02:59 PM

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SOHO or studio in damansara / pj area also not bad !
Shah alam still dont know ??!!
Mrboor
post Nov 25 2013, 11:54 PM

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i get 90% + 10% for i-SOHO at i city. By RHB bank.
Siao_Lang
post Nov 26 2013, 12:41 AM

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Shah Alam SOHO is a no-no.. Non- central location. SO many landed property available at cheap price for rent.. Who wants to rent SOHO? blush.gif
forever1979
post Nov 26 2013, 06:13 AM

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QUOTE(Mrboor @ Nov 25 2013, 11:54 PM)
i get 90% + 10% for i-SOHO at i city. By RHB bank.
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sovo in shah alam is unproven and i look at it, wiseable if the price is right.
Maybe the early bird have the benefit.

For I Soho, how much it is selling right now ?
> 500psf ?

Anyway, I hope Shah Alam can do better with I City becuase I do have landed property in Shah Alam.
and the landed is now ard RM560-580K.
Mrboor
post Nov 26 2013, 09:55 AM

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QUOTE(forever1979 @ Nov 26 2013, 06:13 AM)
sovo in shah alam is unproven and i look at it, wiseable if the price is right.
Maybe the early bird have the benefit.

For I Soho, how much it is selling right now ?
> 500psf ?

Anyway, I hope Shah Alam can do better with I City becuase I do have landed property in Shah Alam.
and the landed is now ard RM560-580K.
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RM667/sft.
ecin
post Nov 26 2013, 11:02 AM

location
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QUOTE(Siao_Lang @ Nov 26 2013, 12:41 AM)
Shah Alam SOHO is a no-no.. Non- central location. SO many landed property available at cheap price for rent.. Who wants to rent SOHO? blush.gif
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+1

Added on
QUOTE(Mrboor @ Nov 26 2013, 09:55 AM)
RM667/sft.
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sweat.gif
airline
post Nov 27 2013, 12:52 AM

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Scott garden price dropping
xin
post Nov 27 2013, 12:13 PM

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you mean for the subsales price ?
forever1979
post Nov 27 2013, 01:03 PM

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QUOTE(airline @ Nov 27 2013, 12:52 AM)
Scott garden price dropping
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Serious ? Why ?
I thought for 775sf, price from RM430K earlier this year to RM460K-480K now ?
Tesco confirmed moving out ?
ronnishi4369
post Nov 27 2013, 05:15 PM

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QUOTE(faReZheLmi @ Jun 28 2013, 09:09 PM)
Because:

1) SoHo considered the most affordable type of house to buy among the young executive
2) population in KL + Selangor are 7.11 million and the median is 28 years old for KL and 27 years old for Selangor
3) at this age (25 - 30), none of us got a lot of money / high salary so SoHo will be high in demand in terms of residential unit
4) Age factor is one of the reason why developer build more SoHo unit than other type in their development component.
5) Since the size is not big, it is easy to rent as well (subject to the location)
6) Average household Size in KL is 3 persons - so studio house is still viable for most of the family in KL (Source: CBRE tabulation data Jan 2013)
7) Young population base, with about 40% in Klang Valley under 19 years, will ensure robust demand for residential properties. (Source: JPPH, CBRE Research, Bank Negara Malaysia)
8) Faizul Ridzuan, WTF author bought studio apartment in 2007 (where at that time i bet none of us have confidence in buying a studio as investment) and make 700% cash on cash return in less than 5 years. why the author manage to make that much profit? because he sees what most of us cannot.

my view is, if you want to success in your investment, you have to know who is your buyer when you want to dispose your asset. you must be able to predict what people want in the future. you have to anticipate the demand and the supply of residential unit and failing to do so, means a great loss in terms of opportunity because the property price will not wait for you.

I say SoHo will be worth to invest because i believe that demand will be there in 5 years time and we must take this opportunity when most people around us still doubt and feel insecure about - "is this type of unit will do well in the future?"
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very informative bro..tabik spring!!! icon_rolleyes.gif
I have been in Japan for almost 5 years..and most of their apartment's size is just the same with SOHO size..
rental pay is somehow around 1k and above..the price would be vary based on location..they have no choice to
live inside small house like that..
what I wanna emphasize here that, this kidn of SOHO will have a demand in future..believe it or not, this what
we have to pay as Malaysia is going to be "Negara Maju 2020"..
forever1979
post Nov 28 2013, 06:30 AM

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QUOTE(faReZheLmi @ Jun 28 2013, 09:09 PM)
Because:

1) SoHo considered the most affordable type of house to buy among the young executive
2) population in KL + Selangor are 7.11 million and the median is 28 years old for KL and 27 years old for Selangor
3) at this age (25 - 30), none of us got a lot of money / high salary so SoHo will be high in demand in terms of residential unit
4) Age factor is one of the reason why developer build more SoHo unit than other type in their development component.
5) Since the size is not big, it is easy to rent as well (subject to the location)
6) Average household Size in KL is 3 persons - so studio house is still viable for most of the family in KL (Source: CBRE tabulation data Jan 2013)
7) Young population base, with about 40% in Klang Valley under 19 years, will ensure robust demand for residential properties. (Source: JPPH, CBRE Research, Bank Negara Malaysia)
8) Faizul Ridzuan, WTF author bought studio apartment in 2007 (where at that time i bet none of us have confidence in buying a studio as investment) and make 700% cash on cash return in less than 5 years. why the author manage to make that much profit? because he sees what most of us cannot.

my view is, if you want to success in your investment, you have to know who is your buyer when you want to dispose your asset. you must be able to predict what people want in the future. you have to anticipate the demand and the supply of residential unit and failing to do so, means a great loss in terms of opportunity because the property price will not wait for you.

I say SoHo will be worth to invest because i believe that demand will be there in 5 years time and we must take this opportunity when most people around us still doubt and feel insecure about - "is this type of unit will do well in the future?"
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Hi there, for the point number 8, where is the property ? really need to make it as case study.
xl2778
post Nov 28 2013, 08:36 AM

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QUOTE(forever1979 @ Nov 28 2013, 06:30 AM)
Hi there, for the point number 8, where is the property ? really need to make it as case study.
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U can watch the video talk 2 - property in KL, casa mutiara
http://www.decentrum.com/

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