Does anyone know how to get to University LRT station besides cutting through KL Gateway mall? Preferably accessible at around 6am?

then u need to walk outside the mall.

turn right when you reach the road outside the condo, go all the way straight, then you will see village grocer, turn left to reach kfc then turn right to reach the front door of the mall, then I thk you shud know how to get to the lrt station

South link rental respond good?

Heard FF 450 sq ft studio can fetch rm1800 to rm1900 and 495 sq ft 1+1 room can fetch rm2k to rm2.2k.
Good or not? Think can fetch higher rent than skyline fir equivalent size.

SL has 1214 units housed in 1 block.

Where to find tenants who are willing to pay RM2k to RM2.2k for fully furnished 1+1 ?

I advertised in iproperty and propertyguru also cannot get “OK” tenant at this price. All want to pay RM1.8-1.9k for my unit only.

Could be a timing issue. It pays to be the first in the market when a price ceiling hasn’t been established. Maybe prices got jacked up when it coincided with border reopening or companies asking staff to come into office.

It is not blanket as it is depends on facing, level and most importantly the quality of the furnishing.

ya, and I thk the price is increasing steadily since UM will be asking international students back for physical class.

Generally demand is good for small unit, studio to 2 rooms. Recently there student demand for 3 rooms their budget normally 3k for 3 rooms.

Hope it helps

Ur unit is ID unit? Normal unit mid floo facing pool I have owner rented 1900+100. Just rented recently. If with ID low floor below 15 i have unit also facing pool rented 2200 no carpark lastmonth by my colleague. Then i rented one high floor above 40 facing novum for 2200 just last 2 weeks. No carpark as well but with wifi. No ID but owner will paint the wall for new tenant so consider has ID la hahaha. Tenant are phillipine, japanese and indonesian student.

Any agent for Southlink interested to co-broke? Please PM, got potential buyer here.

So far I hear fr investor friend who invested in southlink at rm380k for 495sq ft can rent rm2100 to rm2200 pm. Amazingly even for those units whose view is blocked by southview just across.

I guess SL has its convenience I.e. food court below with Starbucks and there is also a supermarket.

Walk to university lrt although has no cover walkway is abt 350m away. Can access klgateway mall to enter the lrt covered bridge.

In future with solarvest tower at kl gateway coming up, news has it that thr will be a covered bridge linking Southview to solarvest Tower.

When that happens, southlink links to SV and SV links to klgateway via solarvest tower, thr is a lot of upside news for both SV and SL which may bring up its capital appreciation and rental demand.

Very interesting project. I just went to Bangsar South today. I think I missed to scout this place.

My agent just rented at 1950 - paid premium to get a unit non block view facing the school. No fancy ID on walls. Only quality furnishing with built in wardrobes. Just the non block view alone should compete with those blocked view you mentioned. All want to offer 1.8-1.9k only. Took me 1.5 months to get it leased at 1950. No dream price at 2-2.2k as mentioned. Still happy with 1950.

First lelong unit sold just now from Southlink.
1+1 size unit.
Reserve price 400K.
Attracted 5 bidders fight.
Sold at 464K.

Good catch?
Definitely above launching price. One of the fairly new property in the market that make money today VS launching price.

BS occupancy rate is very high. Just passby on federal highway to PJ can see.

Allow me to share a million-dollar secret: "Back in those days before the emergence of corona virus, many developers want to sell the large number of unsold units despite openly and shamelessly shouting "last unit for sale to be your ideal home."

These developers engaged multiple sifus and gurus who then organize seminars to "educate" the mostly innocent public at large on how to join property investment with the ultimate objective of selling them lower-than-bank value property. Those property price is in fact jacked up. Then the cash back gimmick starts to come along. Remember those compressed loan news articles? Those are the ones.

After some time, even banks don't want to do any more. Developers have no choice, then they do bulk bulk purchase. For first few projects, it did succeed, but after that a lot of projects using same trick got burned.

Few years later, the developers had to change their tactics. You know what, they now talk about cash flow cash flow cash flow, you know why? because those are for suckers. MCO strike and people are afraid of losing rentals. So they adapt at whatever market want and continue to do their seminars. The best part? You had to pay a shitload of money to join these seminars as buy ins, once you joined it there will be package offered. You will definitely take it cause you already paid for the seminars.

Now it worked like this, previously it was the property selling, now it was the renovation/airbnb package selling, see the difference? after they execute the package, they promised to find tenants and subsidies the tenant to stay for a while. How they subsidies it? They can even request rebates from the agents, think about that lah! Imagine those owner take out RM70k package, they had been promised RM5-6k, for first two years they get the tenants to cover for them, then the rental follows market rate RM3-4k, this type of scenario I seen too much."

Yet there must be differences between fully furnished nicely renovated unit and a bare empty unit, right?

An acquaintance of mine bought quite a few units at KLCC along with his staffs and friends. All rich guys with listed co background. My acquaintance renovated RM100k and rented it out at RM3k. His staff just rented it out bare at RM2k. The difference of one thousand ringgit. That is in KLCC. Imagine here at Bangsar South. Think about it. For the difference of one thousand, you'll need to first spend RM100k for it. In ordinary cases, even taking whatever package will cost the owner a whopping RM70k, it is a risky propositions.

And along with it a lots of owners are thinking the same and everyone else doing the same, it is not easy to fight for the same group of renters who are willing to pay such hefty rent? RM5000 is not a small amount. Look at that super atas building, they want RM7k rental, what they end up with? --- Low occupancy.

What about the property agents? They mentioned they rented out? and keep on emphasizing got strong demand?

It matters not. what matters is the restriction. some buildings starts to ban airbnb, some buildings ban students, some ban Africans or blacks. given the proximity of UM around Bangsar South, surely some restriction will be in place for these buildings. Go find out the restrictions then talk. Even someone offered sky high rental, if the building ban it, it is useless.

And it's all comes down to demand and supply. Rather than figuring out how much price it can fetch, figure out the factors why other similar building with similar location is fetching that level of pricing.

And to answers most potential renters' confusions, many agents are listing a high price with the objective of getting owners' profile and data. If they list low low price meaning they want to get tenant contact and offer them somewhere else

Thank you. Very succinct and honest appraisal of the poorperly market. Buying direct from developer is a losing game apart from some select projects. For the vast majority, just wait for auction or desperate sub sale.

Not sure why you post this in Southlink thread but I can conclude you have zero clue of market demand in Southlink.

His points are very valid but yea it’s not really relevant to Southlink and BS in general. I believe Southlink is positive cashflow without having to do living room partition nonsense yea? KLCC area isn’t the pinnacle it once was. Without commerce, would you like to stay in these atas units that have no sunlight or inkling of nature?