Sometimes, d problem is not oversupply per se, but d area MK may b "over-classed"...

Investors come better run fast fast.
What sizes they whack? 
Bulk purchase with developer ?
Usually what kind of developer will give bulk sell, weak or strong developer ?

actually i would like to understand why u both say oversupply in mk?
how u define oversupply cuz if oversupply, 1st thing - rental price should drop isnt it?

No lei. I don't see priced dropping. U can check mk damai.. Mk10&11.

You can check bricks.my
Mk10 mk11 900psf. That's the price for a few years. Damai also. From 1.6m.. No drop

Rental yes. Not so good in mk compared to previously.

Mk good for own stay... For rental... Naaaah.

kiara 163 mall open for public edy? the ooak price should further appreciate right?

Got chili leh
Sure ong wan

Oook prices will go thru the roof

wait long long. cannot flip. u r stuck with the unit long term.

told you guys alrd, for rental, try bayu. 2 bedder now 6XX k. 1000 sft. (around 600++ psf). you can spend some $$ to reno tastefully for gwailou rental. newer condo selling at 900psf.

just avoid some floors if pantang. and recheck all fitting, electrical wiring, water heater change. change the fridge too.   

rental yield in mk isn't as good as previously, but still it's not a bad play.

do you know what made the tenant move from a 3 bedroom unit to arcoris? big drop in living space.

is your friend worried? it's normal tenants move from one popoti to newer popoti. when i was a young man and renting i also moved around. but the last i checked one of the old popoti i used to stay long time ago still collecting rent. as for moving from 1500sft to studio i won't know why the tenant did it - to me its a major downgrade on space. as for rental, remember arcoris studio was 800k?, so i don't think the yield is that great anyway. i was offered a unit almost 900k but with 6% GRR (IIRC) and i can still rent it out during GRR period, but really it's just creative accounting on UEM Sunrise part.

seriously it's OK just get another tenant. she bought cheap , right? my neighbours' still get good tenant. just that vacancy is high (wait  3 months for tenant).

actually the key thing here is vacancy. nobody talks about that, or can measure it . if vacant 3 month on average btw tenant the yield is compressed by 12/15 = 0.8 ie 80% of gross.

so the main thing is to focus on getting decent tenant and ASAP.

for 2 bedder in bayu i'm pretty sure can get 2k, maybe nmore if fitted out with modern furniture and new appliance. i know two bedder old sunrise condo rent is around 2.5K. if can reno a bit and try for 2.5k / 600k, well still not so great but again the worry is the vacancy. previously these units can get 3k.

about your comment on small unit, yes, i agree. but remember that studio or 1 bedroom don't see much capital appreciation since they are designed only as rental unit, ie for singles or old retirees.

ya i notice studio unit/1br unit is more hot in MK recently years
those big big mega unit 

acroris is the special one i would say. rental of studio can go very high i heard like 4k 

space is a valuable commodity in MK, anyway maybe he prefers convenience and less walking

ok , seems like quite normal in MK for studio/1br getting 3k above.
anyone still selling their unit, pm pm haha

interesting, ill have to look more on this.
ya. arcoris, ooak, any more coming near jln kiara 1?
but seems like no land at jln kiara1 to build anymore, last piece is this 163 mix dev

816 sqft unit convert into 2 studios can get RM6000 for ff in ooak?

i assume your friend unit is also on JK1 main road? if its in the kampung side then i can understand why tenant move to arcoris.

anyway confirm MK still got good rental demand. just that not so lucrative. but still not bad. as mentioned as long as vacancy not too long it's still doable if your metrics is low. at least beta than some place more south need to wait one year get shitty rental. haha 

600sft cost 600k rental 3100?? sure bo bro? i would take it with pinch of salt. remember what i said about vacancy.

LL can ask for 3100.. but if need to wait 6 month for tenant... that's a 30% haircut to the gross yield.

you can check

https://www.iproperty.com.my/rent/all-resid...ignature&page=1

there are pipu asking 2500, 2600 upto 3200 for 600+ sft unit. these are asking prices before nego. so i can't believe 3100 is a norm for rental for 600sft suite.

 

and as for OOAK 800 sft rent at 6K. .. that is pure fantasy.. like fantasy island bro.  http://www.quickmeme.com/img/c3/c3dcd72485...70a406b07c0.jpg

especially since for under 6k u can get a 2200 sft unit at damai.

https://www.iproperty.com.my/rent/mont-kiar...t%20Condominium

afaik, gwailou.. they like space.

i have never met a tenant who specify size. normally they look at price, no of bedrooms, amenities and so on. why would a tenant want the SMALLEST studio? it's the price. and the larger the unit, i would expect demand to also drop.

they should stop building in MK.

not try to be an expert in MK, but i thought Verve Suites sizes only two types? 4xxsq and 8xxsq?

well u ri right to say u probably have more on the ground info, haha, since i not playing landlord in MK
but from my experience if agent they alwiz talk up the prices one, unless u say those agent like family member of yours then maybe more accurate..

if your fren condo in kampung side, depend how deep in.. but for sure if i'm expat i also may prefer downsixe to arcoris as the feeling is like 3 or 4x more atas environment.

also don't forget rental transact may look a lot but also have to double check the NO OF UNITS available for rental.. for eg u talk about 1800 sft units there are less in number compare to 500 sft units .. signature how many units in total liao..

but overall if u say really 3k rental is norm for 400-600sft unit then for me ho seh liao, i also happy in a way.

i believe some are loft type and the "upstairs" counted in the sft.. right?

ok man if what u say korek then good for investor i guess. don't forget tambah twy, twy2 .. lagi jangan lupa gateway kiaramas.. izen1 , izen 2...
small format pun banyak juga oh.. bayu pun ada one bedders...