Investment Bangsar Trade Center, Mixed Development
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 Oct 15 2013, 09:39 PM
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#1
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Junior Member
276 posts Joined: Sep 2007 From: bestpropertydeal2012@gmail.com 
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QUOTE(zoakies @ Oct 14 2013, 02:00 PM) Went to see their Sales Gallery last weekend... how reliable BEST WESTERN is?Pretty good deal i say... Sold almost 90% liow.... Best part is BEST WESTERN is taking care of the SOHO Suites for 5 years... so it's a Guaranteed Return at least...  |
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Oct 17 2013, 08:24 AM
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#2
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Junior Member
276 posts Joined: Sep 2007 From: bestpropertydeal2012@gmail.com
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ThStar Nation page 23 dated 17th Oct 2013: MRT might possible to be extended to I-City .
I-Berhad and Best Western Interntional signing a memorandom to develop of hotel in I-City |
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Oct 19 2013, 11:20 AM
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#3
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Junior Member
276 posts Joined: Sep 2007 From: bestpropertydeal2012@gmail.com
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BEST WESTERN Bangsar
Kuala Lumpur Opening Q1, 2015 http://www.bestwesternmalaysia.com/hotels/bangsar [/quote] |
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Oct 19 2013, 12:42 PM
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#4
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Junior Member
276 posts Joined: Sep 2007 From: bestpropertydeal2012@gmail.com
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Nice article from http://realtymalaysia.blogspot.com/2011/08...ade-center.html which was posted Monday, August 1, 2011 when average RM600 psf Bangsar South and Midvalley price.
After 2 years, latest 3 months psf price for Bangsar South and Midvalley. 763 769 720 949 935 930 ==== 844 ==== 844 * 1.3 = 1097 psf and ( 3 + 2 year with 6.5% GRR lease back to Best western hotel) |
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Oct 19 2013, 04:02 PM
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#5
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Junior Member
276 posts Joined: Sep 2007 From: bestpropertydeal2012@gmail.com
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QUOTE(eecmlib @ Oct 19 2013, 12:42 PM) Nice article from http://realtymalaysia.blogspot.com/2011/08...ade-center.html which was posted Monday, August 1, 2011 when average RM600 psf Bangsar South and Midvalley price. if 1000 sf is selling 1,000,000After 2 years, latest 3 months psf price for Bangsar South and Midvalley. 763 769 720 949 935 930 ==== 844 ==== 844 * 1.3 = 1097 psf and ( 3 + 2 year with 6.5% GRR lease back to Best western hotel) rental return per year 6.5% =65K 3+2 years =65K X 5 =325K/1000 sf =325 psf Current buying psf = 1000psf-325psf =675 psf (fully renovated cost 80K) Basic unit psf =675 psf-80psf = 595 psf |
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