Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 (NEW) RES 280 SELAYANG, new properties

views
     
yang1976
post Aug 7 2013, 08:14 PM

Getting Started
**
Junior Member
222 posts

Joined: Jul 2013
QUOTE(DrPitchard @ Aug 7 2013, 05:33 PM)
This is suicidal. Car park are also real estates and can fetch rental too. At RM40k, to get a 5% ROI, would need to rent it at RM170/month.
Or if you calculate the psf rate, its RM330psf. (A condo's carpark size is roughly 120 sqft).
That's just for a empty bare piece of property with cement finishing.

For comparison, I bought a condo in Puchong, in 2011, at around RM400k, additional car park only RM15k.
Car park for new project nowadays go for RM18k-RM30k, depending on location. RM30k would be those at very good locations, certainly not Selayang.

New condo projects in Cheras, additional car park is around RM20k-RM25k.
*
+1

by pointing this out, you saved a numbers of newbies.

 

Change to:
| Lo-Fi Version
0.0161sec    0.14    7 queries    GZIP Disabled
Time is now: 24th December 2025 - 04:49 AM