First lelong unit check in.
So fast.
Can wait for price drop.


A21-A2B-10, The Ooak
Reserve price 🔥🔥RM 630,000🔥🔥
Freehold
696sqft
Auction date: 2nd December 2021
*Vacant brand new unit

Why would such a new development permits airbnb? Wouldnt that dilute capital gain for existing owners?

I thought it's commercial title service apartment/suites and may be allowed to do airbnb.

Just searched airbnb and only found arcoris.

Wait for another few months, i'm sure there will be some in the OOAK...

Arcoris allows airbnb?

Yes, I input"arcoris" and randomly input a from-to dates in december, then some showed up immediately.

The daily rate increased much compared with few month ago.

I think so. If it allows airbnb, then the market will be competitive. Seems now only arcoris can do airbnb in the area plus hyatt place.

Good for investors. Bad for those who stay there

In what way will it be bad?

Temporary occupants…you won’t know who are they and brings security one notch lower

Co Living arrived!
Example from 816sqft unit.
Converted into 4 rooms.











Room Types:
.....................
- Room 1 - RM1400 ( attached bathroom)
- Room 2 - RM1150
- Room 3 - RM1150
- Room 4 - RM900

*add XXX/month for car park rental (not stated)

Wow, very creative

It is creative but how realistic is rental demand.


This post has been edited by icemanfx: Dec 9 2021, 08:53 AM

Bedroom 1 and 4 will be perpetually dark. Not the best air ventilation also

Agree!

Who would be the target customer? Individuals who works at Mont Kiara?

696sqft 1 bedder unit converted into 2 bedrooms.

I heard that Block A - residents units can't do Airbnb or divide into smaller or add extra rooms.. Only Block B can do Airbnb

If block A can do airbnb, rugi la block B, how to jalan business maaa...

Black A is resident and Block B is soho?