There is no unit at 1572 sqft selling at rm 600k.... rental is at rm 3k to 3.5k fully furnished.

This post has been edited by flight: Apr 27 2021, 04:52 PM

Its probably fairer to take a range instead of picking the absolute lowest few rents.

The higher rents are rm4k, most of it is around rm3k to rm3.5k.

Renting out unfurnished in this market seems like a bad idea.

The price of the condos along jalan ampang are severely depressed right now due to oversupply.

Its not a good idea to project current rentals into the future. This is a straight road to klcc with the embassy row on one side and what used to be considered middle upper end condos on the other side.

Do note that despite the low prices in lelong, future prices of new supply will never reach as low as what is sold in the auction market here, because the cost of land and the higher quality construction cost would require a higher price point.