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Investment ATRIA SOFO SUITES @ DAMANSARA JAYA, by OSK Prop Holdings Bhd

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fightingdragons
post Jun 28 2015, 06:52 AM

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It's interesting that Citibank refuses to give out loans for SOXO purchases. They probably see that segment as very high risk.

QUOTE(BEANCOUNTER @ Jun 3 2015, 10:32 AM)
kochin...

SOxO not only benefited developers....yes its much easier and cheaper for them to sell and build....

but for investors...its also a berri good product....cost lesser than full fledge resi units....min reno...then can rent out as resi.....who cares if the toilet wall tiles fell in the middle of night (such as empire damansara case)....hey...you got a bargain rent here in super wong damansara address....suck it up.

and more important....its also berri 'affortable' for ownstayers too...low entry cost.....small living space hence you dun need to clean up and do all the unneccesary things to a resi unit....easy....
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