QUOTE(AMINT @ Dec 10 2014, 08:22 PM)
i just rented out my 705sqft at rm2800. fyi. around rm4psf
congrats! 
Btw what would be the rental yield vs developer and market price?
Investment Elements@Ampang, Good
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 Dec 11 2014, 02:35 PM
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Btw what would be the rental yield vs developer and market price? |
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Dec 11 2014, 03:33 PM
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QUOTE(AMINT @ Dec 11 2014, 03:11 PM) my race You can check the profile of the tenant but why need to ask the race question? If in other country, it's deemed as racist question. |
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Dec 11 2014, 03:34 PM
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QUOTE(AMINT @ Dec 11 2014, 03:12 PM) ROI = 7.3% Thanks Amint. For time like this, 7% yield is music to ears.  RM4psf is a general rental rate in the Element for studio and 1 bedder? |
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Dec 11 2014, 03:49 PM
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QUOTE(AMINT @ Dec 11 2014, 03:40 PM) RM4psf can be considered doable la. A few others also got RM4psf. IF RM4psf is general rate in the Element, it's a very good rental rate. Comparable to those studio, 1 bedroom in Hartamas, Mont Kiara, KL City Centre. Fully furnished 500sqft studio in Plaza Damas3 o RM2-2.2K Regalia FF 1 bedroom 560sqft is about RM2.4K |
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Dec 11 2014, 03:53 PM
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By the way Amint kor, what you think of the Astoria the upcoming new launch by L&G? Assuming the rental rate RM4psf@6% yield, the market price seems to be RM750-800psf?
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Dec 11 2014, 04:04 PM
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Thanks for feedback amint kor.
Given that L&G is sharing the same dna with Mayland, can't help but expect L&G will deliver the project with common facility is not ready. |
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Dec 11 2014, 04:07 PM
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QUOTE(Carlsey @ Dec 11 2014, 04:02 PM) Ya..unbelievable Do you think tenant willing to pay extra for a view?If really can RM4 psf. Arte ampang is the future, cause it will block Element view -- I estimate his unit is facing KLCC view, facing ampang dont worth  Infact tenant is more attracted to the layout and quality of the furnishing. View is useful particularly when u want to sell at premium to own stay buyers  My 2 cents This post has been edited by gks: Dec 11 2014, 04:09 PM |
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Dec 11 2014, 04:15 PM
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QUOTE(AMINT @ Dec 11 2014, 04:13 PM) Agree with you. Based on my tiny experience in property: Yup for buy-to-let strategy, imo right strategy need to be applied to maximise ROi1. Tenants r not willing to pay extra for view as compared to pay extra for high quality ID and furnishing 2. RM5K per floor difference (for elements). Just imagine if the difference is 20 floors, easily rm100k difference for same size. Can we get such difference when selling or renting if considered based on % difference? Usually = no I am not a believer of high floor/view unless the premium is minimal. |
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Dec 17 2014, 01:13 PM
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#9
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QUOTE(AMINT @ Dec 17 2014, 11:18 AM) Yup. i would be pissed if i was one of the early buyers. Lol i remember those early birds got their SOHO units at RM650psf thereabout. Did the price dip below this?Or TMS just jack up the selling prices and subsequently offer higher discount. But nett wise still higher than earlier buyers? |
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