QUOTE(shermanyck @ Jan 27 2013, 04:44 AM)
Where is Zest and Kiara Residence 2? Puchong rite? Just now u say very hard to find ppl rent at RM2-3k rite, but now you say u might be able? Means COG also able rite? Some more got 3 college, retails, shoplots & astro nearby or walking distance, I'm just giving an example at min rental at 1.5K. Correct me again ...
Then let me correct you if u dont mind.
You mentioned IF you rent 650 sf of COG for RM 1,500 rental per month, you still earned. Remember that you put "IF".
If u understand his statement in his replied, he meant that IF 650 sf of Bkt Serdang can fetch RM 1,500 rental, then The Zest and Kiara Residences 2, both at better location can collect RM 3k rental in 3 years down the road or once COG completed together with KR2.
Fyi. The Zest located at Bdr Kinrara 9 and Kiara Residences 2 located at Bukit Jalil main entrance. Both with walking distance to the new LRTs and location is much better off COG Bkt Serdang, well, this is subjective.
Both Zest and KR2 mentioned was 1,100 - 1,200 sf circa and importantly both were 3 bedrooms condo, the most sought after for rental purpose. And, both were cheaper compare to COG in price per sq feet basis.
Zest completed and VPed early last year and rental now is RM 1,800 - RM 2,000 depends on furnished. KR2 is going to complete in late 2015 and we expecting RM 2-2.5k is great enough, not even dare to comment higher expected rental due to floods of condos coming soon.
As a agent for COG, u must understand the strenghts & weaknesses of COG and crucially, the competitors around. As COG was sold via the BJ prices and abv Kinrara prices, you must find its weakness against competitor's ( such as Zest and KR2 ) strenght, so u can underline it to becomes a strong catalyst.