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 anyone has made money from serviced apartment?, serviced apartment for investment

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Pai
post May 2 2010, 12:11 PM

~ Billionaire in training ~
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From: 1Malaysia



QUOTE(vdfoo @ May 1 2010, 07:12 PM)
just curious, some people claim that it's very unlikely to make money from serviced apartment.
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This is Azizi Ali, right? tongue.gif

I can tell you that in this aspect, he is DEAD WRONG wink.gif


Pai
post May 9 2010, 05:08 PM

~ Billionaire in training ~
*******
Senior Member
3,318 posts

Joined: Dec 2004
From: 1Malaysia



QUOTE(kelvyn @ May 8 2010, 10:28 PM)
Are the utilities rates, quit rent and assessments for service apartments very much higher then the apartment or condo?
How much more?
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a less than 400psf SA studio in city center will set you back an average of around RM1300 annually in assesment fees and around Rm150 in electricity per month.

So yes, its significantly higher..... shakehead.gif

 

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