can share the pricing and layout for this project?
Investment SOUTH LINK RESIDENCE @ BANGSAR SOUTH [OWNERS' THR], The Living Gem of Bangsar South City
Investment SOUTH LINK RESIDENCE @ BANGSAR SOUTH [OWNERS' THR], The Living Gem of Bangsar South City
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Oct 26 2017, 01:00 AM
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#1
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Junior Member
64 posts Joined: Mar 2017 From: Second Earth |
can share the pricing and layout for this project?
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Mar 5 2018, 05:53 PM
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#2
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64 posts Joined: Mar 2017 From: Second Earth |
QUOTE(guanteik @ Mar 4 2018, 05:14 PM) Guys: Meaning cannot rent it under the student's parents also if the student is the actual tenant?I am back from the appointed lawyer's office with some information on the DMC. Basically the terms in the DMC is pretty standard (like I have mentioned in my posts) e.g. 10% interest p.a. for late payment to the management fees, sinking 10% etc. The highlighted clause for the DMC is this development do not allow the unit to be rented to the students. If you rent it to the parents, the management has rights to get the information of the tenants. Apart from this clause, I don't think this has been an issue. |
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Mar 5 2018, 08:57 PM
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#3
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64 posts Joined: Mar 2017 From: Second Earth |
I wonder why the discrimination against students
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Mar 6 2018, 06:39 PM
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#4
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64 posts Joined: Mar 2017 From: Second Earth |
QUOTE(propertybbb @ Mar 5 2018, 11:26 PM) Bring down the value of the props. Vandalisation, noise pollution, etc...spiral effect to rental yield to other units who doesnt want to rent to students becoz good tenant with higher budget will not like to see all students around. I think DMC to ban student is good in general. I think you mean undergrads in this case. You can't compare postgrads to undergrads, undergrads are basically teens lol. QUOTE(icemanfx @ Mar 6 2018, 12:16 AM) This can simply be solved by asking for their offer letter.QUOTE(BEANCOUNTER @ Mar 6 2018, 02:17 AM) Is southlink close to any cap ayam or cap turkey uni or learning institution? Exactly, not many for sure. Most likely the rich locals or the international students. Postgrad students who come here tends to have scholarship or even research grant which would enable them to afford this kind of apartment.How many students can afford to rent 800psf apartments? QUOTE(chongmelvin2238 @ Mar 6 2018, 08:38 AM) UM is cap ayam? LOL. UM accepts very few undergraduate students from other countries as opposed to private institutions. Most international students in UM are postgraduate students. As for sharing units, DMC can just include a clause to limit the number of tenants based on unit's size instead of banning students as a whole. Even working adults could share unit now since there's no clause banning that (assuming, since I never read the DMC for this project). Anyway, not that I'm students advocate or something, I just think it's unwise to block out a pool of potential tenants who are highly educated simply because they fall under the category students. |
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