QUOTE(enigma666 @ Nov 25 2014, 03:43 PM)
Guys, I'm searching for a property to invest and noticed during Star property fair last weekend there is unsold units for Celeste and Divina tower. SPS is offering 3% rebate and absorbing legal fee. Stamp duty by Buyer.
Any thoughts on Setia Sky Residence (SSR) in terms of rental investment in years to come ???
I'm aware its away from LRT (Putra/Ampang Park). Although, shuttle service to KLCC is available till 6pm.
Also, not walking distance to any clubs/western outlets at night (foreigner point of view). There are some western eateries during work hours at nearby office towers but not much.
Mind sharing your thoughts please. I'm aware the launch of first tower has been a while and price increase would hv occured. I would be also lacking on early bird packages, rebate etc etc....
Btw, I dont see the older threads having much response compared to current newer property launches...
Also, is it not responsive currently due to change management of SPS to EW?...Does it actually has an after-effect?
Replies are much appreciated. Thanks guys...
Enigma boss, how much is the per square foot price after the 3% rebate ?
It is very easy for fully furnished units at SSR To secure expatriate tenants. They like it simply because of what they can get for the rm4k-rm5k rental price ---> the klcc view, the vast recreational facility and the 1300-1400 sq ft size units. There is really no Contest in the KLCC area unless the person has made up his mind to live inside the KLCC zone but then he must be willing to pay a lot more or settle for a sub 1000 sq ft unit. Entry to mid level expat professionals or managers getting about Euro 1000 per month housing allowance would be reasonable benchmark.
If u noticed the long queue of taxi at the petronas station in front of ssr waiting to pump NGV u Will realize it's very easy to get around.
Invest in ssr at least u r assured cash flow is less of a problem because it's easy to get tenant.
Just my personal opinion
This post has been edited by alovelyday2007: Dec 3 2014, 11:04 PM