Owner pls hold block b for better yield since block b sold last after A and B ...
Investment G Residence / Gembira Residen Condominium, New Properties for sale
Investment G Residence / Gembira Residen Condominium, New Properties for sale
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Jul 21 2013, 11:14 PM
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#1
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Junior Member
222 posts Joined: Jul 2013 |
Owner pls hold block b for better yield since block b sold last after A and B ...
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Jul 22 2013, 09:08 AM
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#2
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Junior Member
222 posts Joined: Jul 2013 |
RM2200 rental is low, even quality expat not likely to move in, probably Seringin need to drive this later. 1168sf will be favorable to PH. I turn down PH even with extra Rm300 rental in Tmn Desa, not worth it later a lot of issues. I do hope more owners stay with actual holding power, or even welcome flippers bcos high price simply cant cover by rental. Planning to stay for next 5 yrs + .... cheers!
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Jul 22 2013, 06:46 PM
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#3
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Junior Member
222 posts Joined: Jul 2013 |
We are on the same page yet i really dont foresee GR as rental condo and i believe many owners got holding power (according to some agents cant get much owners to release high floor with good numbers). Those renting at least own a car else not convenient because LRT still not a walkable distance. RM3000 for 1168sf is not all-possible if public transportation not at ease for Expats. If local, i would buy a affordable housing anywhere. Once i rent out, it simply means i wont come back hahahaa ... or ROI has reached my margin. I just hope for better neighbors for now. .. so i dont mind flippers, go ahead if market is there. Win win for those who stayed.
This post has been edited by yang1976: Jul 22 2013, 06:51 PM |
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Jul 22 2013, 09:28 PM
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#4
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222 posts Joined: Jul 2013 |
JMB is important, agreed on that. Tmn gembira is more for own stay in my opinion or for flippers, not for rent for now (earlier i already indicated Rm3k rent is no way). The higher they sell now the less it will be tenanted, less can afford for the rental, i like this, then PHs are discouraged unless no holding power owners bring it downwards. As we speak, market is around RM650K to RM680k for 17th floor and below. For RM700K now, buyer need to folk out RM100K+, not likely to happen unless cash loaded buyer. This area needs Seringin and Seri Gembira Shoplot to boost its potential. LuYuen, 288 Residence, Palace, Arte etc also will contribute to the future success of the area. The quicker they risen so more quality residents can flood the area so to bring up the demographic especially younger generations. With them around, the area will grow. Dont forget to mention Desa Residence is a totally disappointment yet it helps pushing GR value upwards. Mostly residents around conservative in spending bcos Older...less willing to spend. Buying now from subsale will not give much return within 2 yrs but condos keep coming up in OKR then 800k is possible after 2 yrs for 1168sf, conservatively speaking. Just hope for the best.
This post has been edited by yang1976: Jul 22 2013, 09:30 PM |
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Jul 23 2013, 12:07 AM
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#5
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Junior Member
222 posts Joined: Jul 2013 |
Ya ya...tmn desa got more "richie" since surrounded by landed properties, Chinese area, quite a lot condos doing well in rental. Seri Kota is nice, just pay a bit more t han Centre market or NSK. ..... Those/We bought GR is very ONG already... now i think most of us profited at least 35% to 70% depends on own purchase price and timing. Location wise, you cant missed it. It is up the hill !! ..... Kuchai had changed and it is almost at its capacity due limited forces of its surrounding, slightly above average... it could be better or worst but GR is at the good end of the area so it is at another category of its own grouping with Seringin, landed 3storey, Gembira Shoplots etc which is actually good, near to OUG also. Plenty of good points you can add im sure of hahaaaa... That 8-residence(?) gonna be weird condo at its own later.... no height no width. Anyway, plenty restaurants and new upcoming shoplots/restaurants in Bandar Baru Seri Petaling have helped the vicinity in a good way.
This post has been edited by yang1976: Jul 23 2013, 12:10 AM |
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Jul 26 2013, 07:22 PM
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#6
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222 posts Joined: Jul 2013 |
Did you guys receive notification collecting key on 12-August?
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