QUOTE(depchai @ Sep 18 2015, 09:23 PM)
if can get tenant then yes i can proceed but in the current slowdown i dont think it will be easy to get one. Need strong holding power to surviveSymphony Hills, Cyberjaya, Twin Villa, 3story Terrace RM1m+
Symphony Hills, Cyberjaya, Twin Villa, 3story Terrace RM1m+
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Sep 19 2015, 01:54 PM
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54 posts Joined: Sep 2012 |
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Sep 19 2015, 05:38 PM
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2,040 posts Joined: Sep 2014 |
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Sep 19 2015, 07:45 PM
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Senior Member
1,349 posts Joined: Nov 2008 From: USJ |
QUOTE(depchai @ Sep 18 2015, 12:07 AM) Verdi very difficult to get positive cash flow. It's more for own stay not investment. With so many cheaper alternative within walking distance, it will take a very discerning tenant to rent the 1 bedder for Rm2,600. Block B sales is very slow and typical of a GLC, they increase d the price by another 8%. Now must do so many lucky draw and discount to push the units. This post has been edited by rakyat: Sep 19 2015, 07:48 PM |
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Sep 20 2015, 01:40 AM
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Senior Member
2,040 posts Joined: Sep 2014 |
QUOTE(rakyat @ Sep 19 2015, 07:45 PM) Verdi very difficult to get positive cash flow. It's more for own stay not investment. With so many cheaper alternative within walking distance, it will take a very discerning tenant to rent the 1 bedder for Rm2,600. 1 bedroom can rent for 2.6k?? I think it's too ambitious price lar 2.6k... Block B sales is very slow and typical of a GLC, they increase d the price by another 8%. Now must do so many lucky draw and discount to push the units. Sales so slow still dare to increase 8%? I think lucky draw will not attract buyer, shod make huge discount+lucky draw (aditional discount eg, 20-30%) haha |
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Sep 24 2015, 06:30 AM
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Junior Member
19 posts Joined: Sep 2015 |
QUOTE(rakyat @ Sep 19 2015, 08:45 PM) Verdi very difficult to get positive cash flow. It's more for own stay not investment. With so many cheaper alternative within walking distance, it will take a very discerning tenant to rent the 1 bedder for Rm2,600. Haiya...why talk about Verdi pulakkkBlock B sales is very slow and typical of a GLC, they increase d the price by another 8%. Now must do so many lucky draw and discount to push the units. |
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Sep 25 2015, 10:11 AM
Show posts by this member only | IPv6 | Post
#2546
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Senior Member
1,053 posts Joined: Jan 2015 |
QUOTE(noblebaby @ Sep 3 2015, 12:58 AM) i think is UEM overall financial problem due to their Australia project, not because of Cyberjaya symphony hills, to be frank i bought myself two units in symphony hills, one Schumann subsales and one Schubert developer units, schubert selling 1.63mil for my units 90% from 1.63mil is around RM6807++ per month so for rental wise i think i can only rent out maybe 3.5-4k maybe.. but after all their rebate this property worth 1.2 mil+ after add on with MOT, still below bank value, highest bank value i able get for subsales is 1.35 mil but there's a problem now which first phrase owner very desperate in selling their subsales at price as low as 1.05 mil This post has been edited by ims2628: Sep 25 2015, 10:12 AM |
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Sep 25 2015, 10:14 AM
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Senior Member
3,852 posts Joined: Oct 2012 |
Wah... From the beginning of rejecting SH until buying 2 units in SH - geng! Respect x 2!
QUOTE(ims2628 @ Sep 25 2015, 10:11 AM) i think is UEM overall financial problem due to their Australia project, not because of Cyberjaya symphony hills, to be frank i bought myself two units in symphony hills, one Schumann subsales and one Schubert developer units, schubert selling 1.63mil for my units 90% from 1.63mil is around RM6807++ per month so for rental wise i think i can only rent out maybe 3.5-4k maybe.. but after all their rebate this property worth 1.2 mil+ after add on with MOT, still below bank value, highest bank value i able get for subsales is 1.35 mil but there's a problem now which first phrase owner very desperate in selling their subsales at price as low as 1.05 mil |
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Sep 25 2015, 10:31 AM
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Senior Member
1,455 posts Joined: Dec 2007 |
QUOTE(ims2628 @ Sep 25 2015, 10:11 AM) i think is UEM overall financial problem due to their Australia project, not because of Cyberjaya symphony hills, to be frank i bought myself two units in symphony hills, one Schumann subsales and one Schubert developer units, schubert selling 1.63mil for my units 90% from 1.63mil is around RM6807++ per month so for rental wise i think i can only rent out maybe 3.5-4k maybe.. but after all their rebate this property worth 1.2 mil+ after add on with MOT, still below bank value, highest bank value i able get for subsales is 1.35 mil but there's a problem now which first phrase owner very desperate in selling their subsales at price as low as 1.05 mil 1.05 mil is good buy!!! |
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Sep 25 2015, 11:43 AM
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Junior Member
58 posts Joined: Jul 2014 |
How come property price of SH keep dropping? Really don't understand.
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Sep 25 2015, 11:47 AM
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Senior Member
3,833 posts Joined: May 2008 |
QUOTE(ims2628 @ Sep 25 2015, 10:11 AM) i think is UEM overall financial problem due to their Australia project, not because of Cyberjaya symphony hills, to be frank i bought myself two units in symphony hills, one Schumann subsales and one Schubert developer units, schubert selling 1.63mil for my units 90% from 1.63mil is around RM6807++ per month so for rental wise i think i can only rent out maybe 3.5-4k maybe.. but after all their rebate this property worth 1.2 mil+ after add on with MOT, still below bank value, highest bank value i able get for subsales is 1.35 mil but there's a problem now which first phrase owner very desperate in selling their subsales at price as low as 1.05 mil I think by now the 40 units Schubert allocation already fully taken up. |
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Sep 25 2015, 11:56 AM
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Senior Member
1,455 posts Joined: Dec 2007 |
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Sep 25 2015, 12:22 PM
Show posts by this member only | IPv6 | Post
#2552
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Senior Member
1,053 posts Joined: Jan 2015 |
QUOTE(Soros007 @ Sep 25 2015, 10:14 AM) =.=' MY other half like SH what to do |
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Sep 25 2015, 12:24 PM
Show posts by this member only | IPv6 | Post
#2553
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Senior Member
1,053 posts Joined: Jan 2015 |
QUOTE(ch68 @ Sep 25 2015, 11:43 AM) Their prop price didn't dropping in term of bank value, just selling price from owner and developer side seem cheaper only, but the reason why uem sunrise come out with this promo is to push up transaction so that the bank value for these property can goes higher. |
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Sep 25 2015, 12:25 PM
Show posts by this member only | IPv6 | Post
#2554
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Senior Member
1,053 posts Joined: Jan 2015 |
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Sep 25 2015, 12:43 PM
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Senior Member
4,998 posts Joined: Dec 2010 |
QUOTE(thecaterpillar @ Sep 25 2015, 11:56 AM) Maybe too many flippers and they don't have holding power. Besides that, market is not too good... Owners might just want to exit as long as they don't lose money. I don't think these are many flippers in this development as the characteristics don't favour flippers. I wonder how many are selling at 1.05m? |
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Sep 25 2015, 12:50 PM
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Senior Member
4,998 posts Joined: Dec 2010 |
QUOTE(ims2628 @ Sep 25 2015, 12:22 PM) =.=' MY other half like SH what to do I am also looking for good investment potentials in Cyberjaya but I need to offload some debts first. |
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Sep 25 2015, 04:29 PM
Show posts by this member only | IPv6 | Post
#2557
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Senior Member
1,053 posts Joined: Jan 2015 |
QUOTE(New Klang @ Sep 25 2015, 12:43 PM) I don't think these are many flippers in this development as the characteristics don't favour flippers. I wonder how many are selling at 1.05m? 1.05mil i heard have 2 units, but others all selling in average 1.1 mil to 1.2mil so still able to match developer selling price, only differences is subsales you need to bear the downpayment 10% at least. |
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Sep 25 2015, 05:44 PM
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Senior Member
1,455 posts Joined: Dec 2007 |
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Sep 25 2015, 06:42 PM
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Senior Member
1,349 posts Joined: Nov 2008 From: USJ |
QUOTE(ims2628 @ Sep 25 2015, 10:11 AM) i think is UEM overall financial problem due to their Australia project, not because of Cyberjaya symphony hills, to be frank i bought myself two units in symphony hills, one Schumann subsales and one Schubert developer units, schubert selling 1.63mil for my units 90% from 1.63mil is around RM6807++ per month so for rental wise i think i can only rent out maybe 3.5-4k maybe.. but after all their rebate this property worth 1.2 mil+ after add on with MOT, still below bank value, highest bank value i able get for subsales is 1.35 mil but there's a problem now which first phrase owner very desperate in selling their subsales at price as low as 1.05 mil Their financial troubles stem from their exposure in iskandar Johor where they are one of the largest owner of land bank. Their 1st foray in Australia (Cbd Melbourne) sold out within 2 weeks, it was so successful that they immediately went and got another parcel. |
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Sep 25 2015, 07:19 PM
Show posts by this member only | IPv6 | Post
#2560
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Senior Member
1,053 posts Joined: Jan 2015 |
QUOTE(rakyat @ Sep 25 2015, 06:42 PM) Their financial troubles stem from their exposure in iskandar Johor where they are one of the largest owner of land bank. Their 1st foray in Australia (Cbd Melbourne) sold out within 2 weeks, it was so successful that they immediately went and got another parcel. haha thanks for your info |
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