https://airbnb.com/rooms/8064127?s=8&ref_de...dce637064a04b36

Last time saw up to 12 persons stay post. Tak dapat cari Liao. But This quite similar... U look c the how many bunk bed. Rm53 per head.

This post has been edited by HELLO HELLO: Jan 3 2016, 11:45 PM


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What is the selling price for Summer Suites now?

Rental how much?

around 1000-1200psf if im not mistaken. Rents should average around 2100-2500 fully furnished if through agent and 3000-5000 if through AirBnB. Pretty good yields I would say. Not sure about the rental for bigger units though.

This post has been edited by eXTaTine: Jan 8 2016, 01:52 PM

Wow....that's a pretty good yield...

What about the rate for partly furnished?

Last I checked, 1500pm. Might have gone up since then though. Clearly its more worth while to furnish. If you want to furnish it cheap, just make a trip to IKEA you can furnish it for under 15k total, including washing machine.

This post has been edited by eXTaTine: Jan 8 2016, 03:32 PM

Yup, definitely fully furnished is much better rate.

Planned to do it in 2nd tenant, as cost for getting the unit fully furnished can only be offset under Income Tax for 2nd tenant

You own a unit in Summer Suites? Didn't know it could be offset in Income Tax. Furthermore this is commercial.

Yes & Yes.

How much rental?

I thought u should know how much can be earned from rentals already if you are an owner.

how much is yours?

1600

i rented out as partly furnished ma, i wish to know rate for fully furnished...Survey...

Wah. you spoil market.

Spoil market?
What do you mean?

u guys not bothered by 12 beds in 1 unit? i personally feel that in short term it may be good ROI but in long term:

1. facilities rosak
2. ur apartment rosak
3. capital appreciation may be affected badly

but it is up to owners themselves right? commercial title

i concur and ....even for commercial isnt there an overcrowding limit...?

probably there is no limit on 1 unit can stay x number of person.

Let the one or two guys to do it lo. A lot of hassle to handle it. Not many ppls can do it without making it full time. Majority will keep it simple and rent it oout. Not many fully furnished units avaialble for rent anyway. Mostly rented out.

I heard the person holding 10 units wanna turn his units into 2 or 3 rooms kinda thg to rent it at record rental wo.

So far no such thg according to agents. Or isit just a tok case again???

Really need to learn the cuntfu of NATO.