Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
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 Feb 27 2012, 06:47 PM
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#1
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Junior Member
8 posts Joined: Feb 2012  
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QUOTE(JamesPond @ Feb 27 2012, 05:12 PM) so, no one bought any this time? i have bought one..  i saw the response still considered ok, there are a lot of units been booked.. by referring to the sales board yesterday..  |
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Feb 27 2012, 07:03 PM
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#2
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Junior Member
8 posts Joined: Feb 2012
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QUOTE(Glcotan @ Feb 27 2012, 07:55 PM) roughly how many % booked? its about 40% booked.. considered ok during market sentiment.. This is definitely a big contrast against Summer Suites 1, I even received calls to remind me to go for Private preview, after I didn't turn up on Sat... I bought 1 unit at low level... the price is rather low as compared to their neighbours.. I think i have done a good deal..  |
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Feb 28 2012, 10:07 AM
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#3
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Junior Member
8 posts Joined: Feb 2012
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Forgot to share with you guys..
The sales person told me that we can stay there although there is office suites.. as long as we dont "kacau" others ppl..  Its mean, is an office suites c/w residential facilities.. the usage subject to the owner.. Have decided to get loan with no DIBS.. and at the same time, can enjoy the RM35psf rebate..  |
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Feb 28 2012, 10:40 AM
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#4
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Junior Member
8 posts Joined: Feb 2012
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QUOTE(seanooi880327 @ Feb 28 2012, 11:23 AM) whats the cheapest price unit for this SS? about RM390K to RM405K... |
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Feb 28 2012, 10:48 AM
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#5
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Junior Member
8 posts Joined: Feb 2012
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QUOTE(Glcotan @ Feb 28 2012, 11:46 AM) i though from 360k??? Its what i get from them..  |
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Feb 28 2012, 11:09 AM
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#6
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Junior Member
8 posts Joined: Feb 2012
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not governed under HDA..
its still an office, but we had given option to stay there.. electrical appliances, i.e. hood, hob, fridge, air con are given.. got cabinet and balcony summore.. ya, got pool, gym and a function hall.. like a combi of resi and ofis.. Around 470sf gua... |
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Mar 1 2012, 08:46 AM
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#7
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8 posts Joined: Feb 2012
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Take the nearest office tower as reference, Sunway Tower (formerly known as Wisma Denmark), the rental rate can go up to RM6psf.. Another office tower, UBN Tower, also can go up to RM6psf..
I think the rental rate for SS can reach that benchmark.. maybe RM5psf to RM6psf.. lets do a quick calculation.. unit area - 470sf; selling price - RM387,200 (RM880psf); annual rental - RM28,200 (RM5psf x 470 x 12) Yield = 28,200/387,200 * 100% = 7.28% |
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Mar 1 2012, 09:43 AM
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#8
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8 posts Joined: Feb 2012
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QUOTE(ethan99 @ Mar 1 2012, 10:23 AM) Looks like good investment... Should I go in? |
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