this project is beside the Cyberia smarthomes, i think the student rather prfer to stay there as it is closer to walking distnce to mmu. u hav to have a transport to go to d college there. but IMHO as an owner and renting to ppl here in CYBER, dont underestimate the working class in CYberjaya. It is better for renting to them as they also prefer to stay nearer to their workplace. Currently my tenant 4 ppl are working, only 1 is student. It has always been that way.

---

Added on July 30, 2011, 9:22 pmthe problem and challenge that will occur is not finding the tenant to stay in ur unit. I can almost guarantee u wont have any problem with that here in CYber. The true challenge is to make sure u break even and not losing money as the reasonable rental fees might not even be high enough to cover your monthly loan commitment and monthly service fee....

This post has been edited by max_cavalera: Jul 30 2011, 09:22 PM

this 3rd party renting scheme is nvr good....student get abused by paying an inflated rental due to 3rd party collect their profit share....its better for both propective tenant n owner if 3rd party eliminated....rental and upfront deposit payment could be reduced....owner can rent a lil bit cheaper than 3d party n still gain more....both win2 situation...

what you say does make sense....imagine....student in MMU...which they prefer? renting in Cyberia smarthome (real condo size and 3 room 2 bathroom) rental rm1300-rm1800 with 5-7 people sharing or the arc....half the size 2 - 3 max people sharing and rental at rm1.5k-rm2k? cyberia smathome is nearer to mmu summore...

dont wanna say much but based on this deal i would safely guarantee u guys buying subsale in cyberia smarthomes, crescent 1 and 2 can give you much better ROI% plus cheaper price in terms of psf...for example my unit in crescent 2....3 room 2 bathroom 1050 sqf....renovated to 5 rooms 4 executive working in cyber only 1 mmu student...rent by room...every mth collect 2.4k rental....minus utilities bill nett rental monthly rm2k... how much if u want to buy frm me? max i put prolly rm380k....but i guess new, chic n expensive stuff prolly catch many newbie investor currently...thrs good value subsale rental properties to be made ard cyber...other than taking vry big risk into this kinda dangerous scheme....

to me...a student doesn't care if ur unit is new or old....they just want nearest unit to their uni n cheapest they can afford...

thus the arc competitors is not really new,expensive n upcoming project....they would face along struggling losing battle against older units like mine in smarthomes, crescent 1 and 2....coz the owner entry price is cheap 5-7 years ago...and they can offer the cheapest rental per room n value for money for any of the cyberians working executive and students...i bet they are more relevant to the market needs currently...those buying pigeon hole with inflated price are in for a quite shock when their unit vp the next 2-3 years...

This post has been edited by max_cavalera: Jul 28 2013, 11:22 AM

+1 agree bro...

if both new development n old development renting at the same rate...even the old one renting slightly cheaper...of course older development will gain more ROI as their entry price was less than rm300 psf price 5-7 years ago...i think jz ard rmm240-270 psf sometimes back....new owner of this grr gonna be sweating alot...

hi bro...thats why all condos have quite some amount of maintenance fees you need to pay...they maintain your property...they will repaint your condo once it is quite old and ugly....of course all older building design facade will look older and new things with better n modern design will keep popping out...even your uncompleted condo now also will look old 7-8 years time from now...why would ppl stay on old place? well 1st of all because of the location...2nd if it is well maintain and being refurbished nicely after some time why not?...


the way you say it as if you are a new investor in property...aye or nay?...have you ever own any property bought and hold for at least more than 5 years?

by your argument and logic subsale of used unit will almost totaly don't have any demand from market....if that is so i don't think only me will be sweating out....i guess we both would be sweating out a lot let say if u or me want to cash out 5-10 years after we bought our property....aye?

This post has been edited by max_cavalera: Nov 18 2013, 05:39 PM

theres good market for rental play here....but believe me so far demand frm subsale property in Cyberjaya is quite low...means if u want to flip for great profit in short term less than 5 years be prepared to be very dissapointed..have to wait until this place is fully matured and i dont think subsale will become very hot in this 5 years time....asking price does not really translate to transact price...

oh yes correct bro... garden residence no doubt good demand...highly doubt condo subsale gonna be sought after...new project keep popping up...im sure once the are have matured n less land for new development and the concept of scarcity have kick in...only then we'll see meaningful capital appreciation for highrise...

Rm500+ per year? My that is expensive...mine if not mistaken just are rm1xx per annum.

What is 'nilai tahunan baru'? Is it strata title? Or all other advance deposit jumble up tog3ther.

Seems all block is ready for occupation...bravo.

Hope their con scheme fast kaput n u guys can direct rent to tenant. Can fetch higher rental without 3rd party con scheme...

Basic unit 1700-1800 above. Partial to fully furnish 2000-2200-2400.

Wow...grr con scheme already started to reek....

Just sack the bloodsucking middle men and rent out urself... Can make more and less headache

haha u guys macam ah long...kesian the management ....heard they struggle to rent out too...

The arc got huge banner beside their buolding to rent out either unit or room...u can call them for appoinment n viewing.

oh yeah forgot the arc still many direct owner not under GRR...hope any owner here can pm here

Heard they struggle to rent out oso lah....so many units VP it will take some time to filled up all those units...however thumbs up for the effort of nice pamplet n mailing it to all house...

I think whole unit 1800 oso can get