what is the expected % rental yield and vacancy period of Foresta upon completion?
Investment DAMANSARA FORESTA, A new development near Desa ParkCity
Investment DAMANSARA FORESTA, A new development near Desa ParkCity
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Jan 7 2012, 02:07 PM
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#1
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Senior Member
775 posts Joined: Jan 2012 |
what is the expected % rental yield and vacancy period of Foresta upon completion?
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Jan 7 2012, 02:39 PM
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#2
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775 posts Joined: Jan 2012 |
if lousy rental yield, then why so many ppl still BBB and kiasu like 'chup tow po'??
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Jan 8 2012, 06:21 PM
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#3
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775 posts Joined: Jan 2012 |
using limited units of lower pricing (~400psf) to heat up the BBB publicity without spending much money on normal media......a very clever and shrewd move by the developer
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Jan 9 2012, 05:13 PM
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#4
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775 posts Joined: Jan 2012 |
minimal cash deposit of $10k and DIBS are the main reasons for the overwhelming response. Everyone who booked has a simple belief that Foresta sure untung after 4 years in 2015.....so kiasu buyers tend to be driven by emotions and want a share of the cake
If DIBS is not offered, i think the sales response will be very different. If one exclude the DIBS criteria, i think the existing landed in BSD will give better value. This post has been edited by The Jedi: Jan 9 2012, 05:13 PM |
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Jan 9 2012, 05:30 PM
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#5
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By 2015, it will be cut-throat inter-competition with thousands of condos eg ED, EC, GD, DA & etc along LDP stretch....plus additional intra-competition amongst 928units in Phase 1
only the early movers with 400psf have good chance to pull away from the intense competition in 2015........ |
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Feb 15 2012, 12:00 AM
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#6
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Surprise to see trading of entitlements .......and seems developer allows change of name before SPA
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Jan 13 2013, 08:31 PM
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#7
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775 posts Joined: Jan 2012 |
Those who went in earlier at less than 450psf shld hv known the slope risk and I think > 50% are flippers and will lari cepat cepat as soon as the price hits btw 600-700psf. By that time, the slope risk is someone else's problem.
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