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 D'latour @ DK-City, Bandar Sunway

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cockee
post Mar 14 2013, 05:29 PM

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Joined: Apr 2008
QUOTE(Chris Chew @ Nov 1 2012, 11:09 AM)

If they range this as medium end condo with price of RM 500 psf, I guess it can be sold out easily with the rental attraction fr the campus students. The GDV is lower n Profit is faster compare to RM 830 psf scale development. MK highrises of RM 830 psf is dying n plenty of vacants. To entry as investor, I very doubt the rental can achieve RM 4,000 per mth and appreciation can go further than RM 1,000 psf ....
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Perhaps the developer knew the direction the market is heading. So instead of taking the long-term view (build up reputation, build strong customers base), they go for All or Nothing, One-Off Big Money strategy. Why would they cares if the project can give the buyers decent rental ROI or capital appreciation?


 

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