I own an unit in Cova Kota Damansara, the quality is so so only, however I think Andaman is strong enough to deliver. Cyberjaya "wong" or not I dun know, I think apt and condos will be oversupply fr 2013 onwards. If facing University with 9500 students shd be ok to invest.

I dun understand MMU Cyberjaya, izit good, anyone can share?

When we talk about Tenancy, a factor "Continuing" tenancy is more important than the rental, only University provide non-stop tenanting whereby yr 5% nett income is guaranteed aloog the way..4%-5% is good enough when we compare to Singapore, Taiwan, Hong Kong average 2%.

When I invest shop or Apt (which is not direct facing University), I only calculate 8 mths possible rental (nett income) throughout the year (for 10 yrs return), agent will charge 1 mth, assessment Quit rent almost 1 mth, repair, tenant runaway, utility bills outstanding, vacancy period for new tenant, restore the defects make by old tenant etc, it will be more realistic.

For shop, I would never take into consideration of 2nd & 3rd floor rental, it is volatile, no promise,

So everytime when I came across a developer promise of 8%-10% return for a shop or apt, I will ignore by discounting at least 50% of it, otherwise you will be suffering by committing too much burden

My minimum requirement for shop is nett 3%, apartment condo is 4.5%, in long run 20-30 yrs, I will be the winner still

ya, but Senza boleh dapat ke??

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Added on June 28, 2011, 11:58 amHi covasuites, I own an unit in Cova Villa, can share a little bit the Cova Villa's maintenance? Thinking to sell it off

This post has been edited by UFO-ET: Jun 28 2011, 11:58 AM