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Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail

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bigman
post Aug 15 2018, 05:53 PM

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QUOTE(meejawa @ Aug 15 2018, 03:07 PM)
Direct Owner Deal for Summersuites. Once in a lifetime opportunity.

Owner has 7 units on the same floor, looking to sell all at below market price. No individual units sale entertained.
All 7 units are held under ONE company, so just takeover the company via share transfer. No need 10% down etc etc.
All studio units, 6 units 493sft, 1 unit 480 sft.
All fully furnished currently rented to Airbnb operators at average RM2,200 pm. PS. Owner may run Airbnb himself but prefer cash at the moment.
Looking to sell all at RM3.5M. Slightly negotiable.
Owner open to flexible payment terms, for eg buyer pays in tranches over 12 or 24 months.
Free legal fees.

Interested? Contact owner directly : Tan 012 6368150
Buy the company and run it full time like business, get positive cash flow.

No time wasters. Thanks.
*
3.5mil just get return under 4.6% per annum.... not inclusive other expenses.... .

if i got that amount of cash...will save in bank...and nego with bank to get slightly higher interest ... no risk and hassle free

This post has been edited by bigman: Aug 15 2018, 05:53 PM
bigman
post Aug 15 2018, 06:09 PM

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QUOTE(ManutdGiggs @ Aug 15 2018, 05:54 PM)
2.5m can nam nam kui
*
dun worry...wait Askar Perang to make a post...Lelong Lelong...murah murah...
bigman
post Aug 16 2018, 06:22 PM

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QUOTE(AskarPerang @ Aug 16 2018, 12:43 AM)
Lelong unit:

B-28-11, Mercu Summer Suites, Jalan Cendana
866sqft
Leasehold until 2108
New reserve price 🔥🔥RM 729,000🔥🔥
Auction date: 28-Aug-2018 (Tue)

Most probably will not have any taker yet at this price.
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all the followers get burn kaw kaw
bigman
post Oct 1 2019, 05:25 PM

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QUOTE(AskarPerang @ Oct 1 2019, 05:17 PM)
Both units drop from 900k to this pricing now. Already more than 1 year in the lelong market now.
Bumi lots.

B-28-11, Mercu Summer Suites, Jalan Cendana
Reserve price 🔥🔥RM 531,441🔥🔥
Leasehold until 2108
866sqft
Auction date: 29-Oct-2019 (Tue)
*BUMI lot

B-28-12, Mercu Summer Suites, Jalan Cendana
Reserve price 🔥🔥RM 531,441🔥🔥
Leasehold until 2108
866sqft
Auction date: 29-Oct-2019 (Tue)
*BUMI lot
Previous Auction(s) for this property
Auction Date  Price
2019-09-04  RM590,490.00
2019-02-27  RM656,100.00
2018-08-28  RM729,000.00
2018-06-28  RM900,000.00
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Thought good in Airbnb... Cincai Cincai also can get half of loan commitment..

 

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