Investment Casa Subang, 338k with 2 years 1.8k GRR
Investment Casa Subang, 338k with 2 years 1.8k GRR
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Jul 16 2011, 02:52 PM
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Senior Member
1,018 posts Joined: May 2011 |
manufreak, unfortunately you missed the boat mate. Tenants moving in start of August. I'm renting out quite low (2300) as the market price is 2500 and above. There's still units available, if you go to the lobby area you'd see the notices for rental, take down a few numbers...get the best price? That's what I'd do. But if you're looking for short term, its best to go for Casa Subang. Cheaper, and same location. |
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Jul 16 2011, 04:00 PM
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Junior Member
188 posts Joined: Mar 2009 |
Sorry i don't really get what are you trying to say here~
You are renting out 2.3k? Which condo u refer to? |
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Jul 16 2011, 10:00 PM
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Senior Member
1,018 posts Joined: May 2011 |
I was responding to manufreak. 2300 for Impian Meridian.
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Jul 19 2011, 07:37 PM
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Junior Member
188 posts Joined: Mar 2009 |
casa subang condition really bad~ in few more years to come it will become like flat already...
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Jul 19 2011, 09:58 PM
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Junior Member
281 posts Joined: May 2011 |
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Jul 19 2011, 10:48 PM
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Junior Member
365 posts Joined: Mar 2010 |
QUOTE(chee yat @ Jul 19 2011, 07:37 PM) That's why ask you to do more research. It all goes down to your personal preference. Added on July 19, 2011, 10:49 pm QUOTE(chee yat @ Jul 19 2011, 07:37 PM) What about the others? Have you seen?This post has been edited by beandk: Jul 19 2011, 10:49 PM |
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Jul 19 2011, 11:08 PM
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Senior Member
1,018 posts Joined: May 2011 |
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Jul 19 2011, 11:16 PM
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Junior Member
27 posts Joined: Dec 2009 |
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Jul 20 2011, 08:03 AM
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Junior Member
188 posts Joined: Mar 2009 |
QUOTE(WLP3234 @ Jul 19 2011, 09:58 PM) The unit i visit really poor in condition, the wall the floor..But the agent said because it is still under GRR, 2 more years to go~ Rm1800/month so after 2 years they will return you in a totally new look. Anyone has comment on this? Is it after GRR the unit will be totally in a new condition when returning to you? Added on July 20, 2011, 8:06 am QUOTE(beandk @ Jul 19 2011, 10:48 PM) That's why ask you to do more research. It all goes down to your personal preference. Impian Meredian is really nice..Added on July 19, 2011, 10:49 pm What about the others? Have you seen? But the problem is abit small 992 sf only~ Somemore the rental return is really not as good as casa subang~ Bt is it possible the rental for casa subang will still maintain for even higher in the future? Added on July 20, 2011, 8:33 am QUOTE(BeastB @ Jul 19 2011, 11:08 PM) TBH it looks like a flat to me already. Surprisingly, the rental yield is still quite impressive though. Your opinion, do you think the rental fee for the casa subang will maintain in this rate or? In the future there will be few new condo around.. Any advice? This post has been edited by chee yat: Jul 20 2011, 08:33 AM |
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Jul 20 2011, 09:03 AM
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Senior Member
1,018 posts Joined: May 2011 |
Really don't think so IMO. As far as I know, people from CS are slowly moving into IM already due to discipline issues and maintenance conditions over there. Once new apartments come up I really don't see how CS can maintain their yield, unless they do a complete revamp of their management and the aesthetics of the place. Biggest concern for CS is appreciation potential. Once new developments come up, that place is going to look very low budget, the only selling point will be location. If you have the budget, get the bigger unit at IM....rental yield might be low now but it will definitely increase when the LRT and other developments come up. Especially when Da Men is up...the size is smaller than IM but more expensive! Logic would dictate IM is a more reasonable choice to stay. |
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Jul 20 2011, 11:49 AM
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Junior Member
188 posts Joined: Mar 2009 |
QUOTE(BeastB @ Jul 20 2011, 09:03 AM) Really don't think so IMO. As far as I know, people from CS are slowly moving into IM already due to discipline issues and maintenance conditions over there. Once new apartments come up I really don't see how CS can maintain their yield, unless they do a complete revamp of their management and the aesthetics of the place. Ya, you pointed out the main point. This is what i afraid of.. Biggest concern for CS is appreciation potential. Once new developments come up, that place is going to look very low budget, the only selling point will be location. If you have the budget, get the bigger unit at IM....rental yield might be low now but it will definitely increase when the LRT and other developments come up. Especially when Da Men is up...the size is smaller than IM but more expensive! Logic would dictate IM is a more reasonable choice to stay. So anymore other advice from somebody else? I really need to make decision on this... This is cracking my head out.. Scare later the rental cannot support the loan, somemore i dun wish to stay there.. The condition really freak me out~ |
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Jul 20 2011, 12:07 PM
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Junior Member
365 posts Joined: Mar 2010 |
QUOTE(chee yat @ Jul 20 2011, 11:49 AM) Ya, you pointed out the main point. This is what i afraid of.. If you don't like the place don't buy it. What for pay so much for something you don't like. Please do not be too hasty in making your decision. If you ask CS has any appreciation value, I'll say yes but not much. Maybe 5-10% in the next 2 years. Rental wise, can't guarantee increase.So anymore other advice from somebody else? I really need to make decision on this... This is cracking my head out.. Scare later the rental cannot support the loan, somemore i dun wish to stay there.. The condition really freak me out~ |
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Jul 20 2011, 12:55 PM
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Junior Member
256 posts Joined: Mar 2008 |
QUOTE(BeastB @ Jul 16 2011, 02:52 PM) manufreak, unfortunately you missed the boat mate. Tenants moving in start of August. I'm renting out quite low (2300) as the market price is 2500 and above. bro, are you talking about Casa Tiara can fetch rental up to RM2.5k? There's still units available, if you go to the lobby area you'd see the notices for rental, take down a few numbers...get the best price? That's what I'd do. But if you're looking for short term, its best to go for Casa Subang. Cheaper, and same location. fully furnish right? wats the unit size? this place only hv KTM (which is sucks)...anyway, still no sign of lrt extension to this area yet.. |
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Jul 20 2011, 12:57 PM
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Junior Member
188 posts Joined: Mar 2009 |
QUOTE(beandk @ Jul 20 2011, 12:07 PM) If you don't like the place don't buy it. What for pay so much for something you don't like. Please do not be too hasty in making your decision. If you ask CS has any appreciation value, I'll say yes but not much. Maybe 5-10% in the next 2 years. Rental wise, can't guarantee increase. Just for investment purpose, dun think to stay there also..Haha, i dun hope the rental to increase~ Js hope it can maintain at least 1.8k, then will be good enough for me.. After 3 years then sell off~ Have any idea when the LRT can be done? |
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Jul 20 2011, 02:48 PM
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Junior Member
58 posts Joined: Nov 2010 |
QUOTE(Joe wong @ Jul 20 2011, 12:55 PM) bro, are you talking about Casa Tiara can fetch rental up to RM2.5k? nope bro .. i mean Impian Meridian, yup fully furnished and the build up is 995sf.fully furnish right? wats the unit size? this place only hv KTM (which is sucks)...anyway, still no sign of lrt extension to this area yet.. |
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Jul 20 2011, 02:56 PM
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Junior Member
27 posts Joined: Dec 2009 |
QUOTE(chee yat @ Jul 20 2011, 12:57 PM) Just for investment purpose, dun think to stay there also.. You can get the rental roughly from RM1800++ to RM2000++ for GRR.Haha, i dun hope the rental to increase~ Js hope it can maintain at least 1.8k, then will be good enough for me.. After 3 years then sell off~ Have any idea when the LRT can be done? |
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Jul 20 2011, 07:43 PM
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Junior Member
188 posts Joined: Mar 2009 |
Right now got 1 unit selling 338k with 2 years GRR 1.8k per month, is it ok to grab this unit?
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Jul 20 2011, 08:28 PM
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Junior Member
365 posts Joined: Mar 2010 |
QUOTE(chee yat @ Jul 20 2011, 12:57 PM) Just for investment purpose, dun think to stay there also.. Rental definitely can maintain. As for LRT, still all talk lar.Haha, i dun hope the rental to increase~ Js hope it can maintain at least 1.8k, then will be good enough for me.. After 3 years then sell off~ Have any idea when the LRT can be done? |
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Jul 20 2011, 08:34 PM
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Elite
1,701 posts Joined: Jan 2003 From: Setia Alam |
any place good to invest for rental yield? Is mout kiara area a good rental yield place to go to?
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Jul 20 2011, 08:45 PM
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Junior Member
188 posts Joined: Mar 2009 |
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