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Investment THE ARC@CYBERJAYA [OWNERS' THREAD], Developer of Cova KD goes BIG
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luckykid5
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Feb 19 2011, 09:37 PM
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Getting Started

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well, jst to let you all know, out of the RM350k, RM50k will be used for renovation. meaning the 8% rental income will be based on RM300k instead. so meaning you will get around RM1.8k a month.
This post has been edited by luckykid5: Feb 19 2011, 09:37 PM
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luckykid5
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Mar 8 2011, 11:57 AM
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Getting Started

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actually if you look at the condo unit (besides sunway university college) and the condo unit (opposite Segi university college in kota damansara), even though quite a number of students staying in 1 unit, it's still properly maintained.
rental of 2k for the entire unit is not an expensive thing, considered it's fully furnished. morever, every 4 years, the developer will repack/refresh the furnitures/walls/etc if it's old or damaged.
so rather than a student rent a 500sf for 1.8k, it might be attractive to rent this unit too.
well, it's debatable la. both also right, both also has pros and cons. depending on how you see it only.
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luckykid5
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May 14 2011, 05:43 PM
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Getting Started

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QUOTE(taufufa @ May 11 2011, 11:41 PM) Im very sure the sales girl told me max 10% for 25yrs. Unless herself also not so sure and gave me the wrong info. That's why straight away i turned down and look for other places. Tomorrow i will call their office again to confirm about this. which sales girl? I talked to a sales guy called chris, and he told me that the rental rates (up to 10%) only meant for the first 8 years. after that, it will based on the market rate, subject for negotiation with the developers. QUOTE(Edmund86 @ May 14 2011, 01:27 PM) Agree with Kelvin. About the rate, as UOB is only end-financing for this project, of cos the rate will not be so great as no competitor. Maybank is also one of the official end-financing, but only 2.1 rate. UOB highest is 2.4.
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luckykid5
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Oct 9 2015, 10:26 PM
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Getting Started

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hi, intend to let go this unit with the GRR signed with developer.
if interested, please PM me. thanks.
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