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 Cameron Highland property, Rental investment

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TSnewprophunter
post May 17 2013, 02:40 AM, updated 13y ago

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Hi,i jz bought an unit apartment at Cameron Highland,with 1k low downpayment...at subang parade roadshow,by lbs project,exclusive by big house marketing,is it any comment?
SUStikaram
post May 17 2013, 08:05 AM

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QUOTE(newprophunter @ May 17 2013, 03:40 AM)
Hi,i jz bought an unit apartment at Cameron Highland,with 1k low downpayment...at subang parade roadshow,by lbs project,exclusive by big house marketing,is it any comment?
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how much?

pls pm me info.

My home town is Cameran Highlang
kuhfayLover
post May 17 2013, 09:29 AM

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Hi, which proj u bought? mind to share?
puchongite
post May 17 2013, 09:39 AM

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Is this the project ?

http://www.iproperty.com.my/news/5279/lbs-...nds-development

It's in Tanah Rata.

Is it good for own stay or investment ?
zachozoi
post May 17 2013, 09:46 AM

u come at the king, u best not miss
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share more details abt the property bro
puchongite
post May 17 2013, 09:56 AM

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According to the iprop data, 5 storey shop apartment. Likely no lift. That's RM406,000 up. Don't play play it's higher than most of Klang Valley.
TSnewprophunter
post May 17 2013, 10:31 AM

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I jz bought it 366k,883sf fully furnished,5 storey wif lift...nw enjoying parent days rebate...very suitable for investment...low entry ma....rebate 8%+7000 on downpayment...n nw still left not too much unit....this is new concept....
In between tanah rata n brinchang...new medium high end township...
TSnewprophunter
post May 17 2013, 10:36 AM

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Nt suriana apartment....but somersquare shop apartment...
I go subang yesterday...i c a lot of purchaser signing s&p there n i was chat wif them n very agreed that what r they suggested...actually ,the agent provided rental mgt,but most of the purchaser will be sales after get vp...bcoz enjoy early bird price n jz 1k downpayment...
TSnewprophunter
post May 17 2013, 10:36 AM

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LBS project....
natman
post May 17 2013, 10:57 AM

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Lbs ah reliable or not
la bella
post May 17 2013, 11:13 AM

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QUOTE(newprophunter @ May 17 2013, 10:31 AM)
I jz bought it 366k,883sf fully furnished,5 storey wif lift...nw enjoying parent days rebate...very suitable for investment...low entry ma....rebate 8%+7000 on downpayment...n nw still left not too much unit....this is new concept....
In between tanah rata n brinchang...new medium high end township...
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Have you thought of convert it into a guest house? Many apartments in cameron do that. icon_idea.gif
TSnewprophunter
post May 17 2013, 11:15 AM

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Maybe can oso...becoz rental by daily there,but i more prefer direct fleet after get vp...
TSnewprophunter
post May 17 2013, 11:17 AM

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I jz visit the show room half hour ago....walao...good..li very confident wif this project...realy is another low entry investment
JamesPond
post May 17 2013, 11:40 AM

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over pricing product
puchongite
post May 17 2013, 11:49 AM

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QUOTE(newprophunter @ May 17 2013, 11:17 AM)
I jz visit the show room half hour ago....walao...good..li very confident wif this project...realy is another low entry investment
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Haha it's good that you have good confidence with something you committed. rclxms.gif

It's just that not that many people would share your optimism.
chongmelvin2238
post May 17 2013, 12:00 PM

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QUOTE(newprophunter @ May 17 2013, 10:31 AM)
I jz bought it 366k,883sf fully furnished,5 storey wif lift...nw enjoying parent days rebate...very suitable for investment...low entry ma....rebate 8%+7000 on downpayment...n nw still left not too much unit....this is new concept....
In between tanah rata n brinchang...new medium high end township...
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366k - assuming 100k for furnishing = 266k for 883 = 301 psf.
hmm.gif pricey.
puchongite
post May 17 2013, 12:03 PM

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QUOTE(chongmelvin2238 @ May 17 2013, 12:00 PM)
366k - assuming 100k for furnishing = 266k for 883 = 301 psf.
hmm.gif pricey.
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Also a typical rental return have to be put forward.

It's rental for tourist, we cannot assume everyday also got tenant. If everyday got tenant, sure laugh all the way to the bank one !
TSnewprophunter
post May 17 2013, 12:09 PM

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Yalo...tat place oso depend on seasonbut at least can cover or overcome my installmwnt figure is enuf...on the same time,i earn the property appreciate figurw..rite?
TSnewprophunter
post May 17 2013, 12:09 PM

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Yalo...tat place oso depend on seasonbut at least can cover or overcome my installmwnt figure is enuf...on the same time,i earn the property appreciate figurw..rite?
puchongite
post May 17 2013, 12:16 PM

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QUOTE(newprophunter @ May 17 2013, 12:09 PM)
Yalo...tat place oso depend on seasonbut at least can cover or overcome my installmwnt figure is enuf...on the same time,i earn the property appreciate figurw..rite?
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So do you mind sharing with us that how you calculate rental return, to see if it is enough to cover installment ?

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