QUOTE(UFO-ET @ Nov 16 2012, 09:55 PM)
I presume the rental could reach maximum for studio at RM1800/mth, thus, a gross yield of 5% is just a minimum requirement. (we use to take 6%-8% for apartment.
430K is a very good offer
Unless that the rental can reach at least RM2000/mth, otherwise I dun see 1+1 (845sf) can achieve 480K and above. At this market situation, I dun think there is a big demand for 1 room apartment (at RM2000/mth). I believe RM2K rental per month can get 3 rooms condo (old) in Bandar Puteri.
True. My friend is renting a 1200sf fully furnished 3-room condo unit at Aseana Puteri for only RM1700.430K is a very good offer
Unless that the rental can reach at least RM2000/mth, otherwise I dun see 1+1 (845sf) can achieve 480K and above. At this market situation, I dun think there is a big demand for 1 room apartment (at RM2000/mth). I believe RM2K rental per month can get 3 rooms condo (old) in Bandar Puteri.
Granted. SW could demand a higher rental rate being in an integrated commercial development but I think RM2000 for a 845sf 1+1 room is still a long way to go for locals.
Added on November 16, 2012, 11:10 pm
QUOTE(Marine Boy @ Nov 16 2012, 10:44 PM)
Its quite annoying having agents specifically asking for apartments to be sold & moreover with the kind of price tag. Perhaps this price only exist beginning of last year. If buyers can't afford to buy anything more than RM600k, they are welcome to rent the units. Agents should encouraged potential buyers to rent rather than buy. If buyers still insist to buy...can consider Trigon or else wil complaint in the future that they missed the boat again.
There are only those 17xx sf units left in Trigon with a price tag of 1M and aboveThis post has been edited by engwei: Nov 16 2012, 11:10 PM
Nov 16 2012, 11:02 PM

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