Good luck in trying to buy a brand new residential in klcc for rm500k.

whatever i am doing with my unit, i am not obliged to disclose it in forum and none of your concern as well.

For anyone who are trying to find a residential in KLCC for RM500k or if look for rental at sub RM2.5K, you may find options are limited and you may need to venture out from KLCC if you are restricted by budget.

They have choice and options.

My layman understanding if seller as individual is not GST registrant, there is no need to collect GST from seller. Do not take this as advise and please consult your tax consultant.

Normally when you move and if the existing service provider didn't cover the new place, you can write in to get the full refund. It is not a fault of yours whatsoever. However they may ask proof of moving.

Cheers!

So far the demand has been encouraging for standard studio.

Have u check the demand for 2rooms unit here and its rental?

Very close to developer price if this high floor or in block B

can be stopped by having limitation on card issuance on each unit (based on size) and each card only can in/out for one person. For example studio maybe limited to 4 cards. Each card only allow enter one pax and the card user need to exit before can be used to enter again.

I think after JMB formation, all this will be sorted and reprogrammed.

it is question of rental rate. Those 8XX sf unit are just one bedroom.

if you plan to ask RM3.5-4K for one bedroom, you are against Vipod, Marc, SOHO, Panorama, Hampshire, Binjai8 territory.

and the choice is pretty clear to me.

Sometimes buying correct layout and understand the market positioning is very important.

Was told by agents the occupancy now is 70%, within less than 1 year.

Sound exaggerated though but rental demand for Fully Furnished studio is very very good.

for studio rental summer suites ticked many boxes of tenants

Yes it make sense only studio.

Bear in mind heavy subsale for studios happened for past 6months.

The most important key word is general rent not those exceptional case or superior furnished.

Furthermore it is already partly furnished and just take a bit more to fully furnished it.

Actually the surge of middle class expat suit well summer suites market positioning.

summer suites is excellent case study of half full/empty glass theory....
For owners who may look at half empty scenario is disposing unit at sub RM1K psf and investors who take a view of half full glass is buying units with anticipation of further appreciation in future.

If we think rationally... a unit in summer suite psf and absolute wise is still cheaper than strata title office suite with bare floor, no bathroom, fully fitted kitchen in menara UOA, SOHO KLCC, Binjai 8, menara KH etc...

Beancounter, I merely comparing office suites pricing in vicinity....

It is a bad example that you are using... Pirated DVD the cost is just cost to print out dvd. Unlike genuine, they have to pay royalty, distribution, tax etc

define what is the price?

My fren who spent less than RM10K renovation manage to rent out his studio to professional for RM2.3K within 2 weeks after reno completed. For studio... as far as I know.. demand > supply for furnished unit.

As for Airbnb.. I do not know why landlord want to rent out to the operatror if the rate is similar to the rent out to individual tenant. They better make sure they have waterproof tenancy as I believe most likely the furniture will be gone case after a year.

A lot of investors focus on the yield and totally forgot about liquidity part.. In my book, I rather have something that can be rented out in 2 weeks but with yield of 5% rather than a property that can get 6-8% but need to wait months before securing a tenant.

Have you receive your utility bill so far?

Assume u get RM3.5K.. 20% off to airbnb operator...

Utilities - broadband, water and electricity another RM400-500.. u r left with RM2.3K.

Wouldn't it better u rent to single tenant?

Dun forget by end of year one... probably all your furniture/ appliances been thrashed. You better insert clause operator is require to reinstate furniture to original condition. I assume you also need to bear cable tv subscription.

The take home means gross yet to exclude the utilities and airbnb operator rite...

You maybe right..... If you by any chance engage airbnb... do update us the outcome in a year...