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 CloudTree @ Cheras

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post Jun 7 2013, 03:59 AM

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Wondering those who has booked a unit had done there homework like visiting the site & familiarize with the location firstly I believe that area is surrounded by middle income ppl & notice quite a lot of foreigner as well imagine if the unit cost 500psf than 1000 sf size will cost 500k if u take a loan for 90% at current interest around 4.2% we need to pay installment for 2000 per month for 30 years term. Well I m not so optimistic about this area & the current rental rate may not be able to cover the installment so what are the opportunity in this investment which we don't see ?

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