Any idea in future will it be open to public or residents of sunway geo only?

No one there, looks like occupancy of Bayrocks and Nautica still very low...

who tell u nautica very low...abt 80%...want to rent one all also rented out already..left those makan kenyang jual pau only!!

bayrock...SURPRISINGLY got 50-60%

No idea whether it will be open to public. If the access is the same way i went, unless they put a guard house there, it should be accessible by public.

No one there because officialy it is closed. Currently only resident in BayRock can access, and it is close to others.

Occupancy in Nautica around 70% to be exact...(saw at management office). As per agent, almost none avaiable for rental at the moment, all fully rented. So i think those empty should belongs to Korean's or others...using for vacation home, etc etc.

As for Bayrocks, i would say around 40-50%, as seen from the lights. I live in high floor of Nautica.

JChoo boss, as you stay in Nautica, based on your observation of the occupants, what is the approximate ratio of foreigners to local occupants?
Thanks.

Boss, hard to say. I know 30+ units rented to Air Asia, and they are increasing it to 40+ units. So counting that, all of them are foreigners, mainly stewardess. Othes, some local families, some expats, and also quite a number of students both local and foreigners. If I were to guess a ratio, I would say around 40% foreigners.....just a guess only.

Air Asia paying their rental for their staff?

Hmmm doubt Air Asia would do that ...

Wondering why jchoo saying they are going from 30 to 40 units. Sounds like airasia are the ones renting multiple units eh?

What is the rental yield like around SSQ??

Yeah, air Asia renting from a company, that company rent from Nautica. There is an air Asia office at lobby....use for their foreign stewardess. Cheaper than putting them in hotel.

Jchoo so does that company approach private owners or they bought the units themselves. Think it would overflow to a'marine?

I use to live in palmville which is older and beside the medical center and rental is rm2500-4000 depending on floor , furnished , facing lagoon, and rooms (owners added extra room for students making them 4 bedders). Nautica is the newest in the area with a'marine soon to be completed. Rest are older or student hostels.

Not too sure. I think the company leased directly from luxury court. Luxury court is the Korean company that bought enbloc from sunway last time. I believe those units are either own by them directly or Korean owners who bought last time.

Roughly how much rental can fetch per unit? Size is 13xx sf, 3 rooms?

1392 sf, 3 rooms is the smallest size. If u talking abt AA deal, I heard from the management company staff....that AA is paying 7k per unit regardless of size, all inclusive....cleaning service twice a week, elect and water, maintenance and repair, Astro and broadband. This company got this biz from AA and rented from Luxury Court at 4k per unit at Nautica. That's what I heard but didn't verify it so don't quote me on that.

If own owner want to rent out, rental between 3 - 3.5k ff for the 1392sf unit. Got offer 3.5k before for my unit, tenant students from china. If wanna fetch higher, got to wait and target expats. Student would be easier of course.

What about 3bed 1500sf rental, fully furnished you think can ask for 5k if on high floor? I hope sunway pinnacle will bring in more expats but that's a few years away.

I think 1500 sf not easy to rent out at RM 5k, but there is possibility since limited units with spaces create exclusivity esp for expats.

As 1392 sq ft is not big difference away, to top up RM 1.5k ( from RM 3.5k to RM 5k ) for the additional 100+ sq feet is quite high side unless die die must stay around Sunway and no unit from 1392 sq feet.

I believe 1392 sq feet is very liquid and great equity due to it's size being the smallest of Nautica, a not too pack / small unit as a 3 beds apartment and upcoming A'Marine at higher price, the smallest size if I remember correctly was 1500 sq feet onwards too.

If I also not mistaken, one or two agents already hinted me that some rich owners already plan to renovate their A'Marine ( 1500+ sf ) units nicely and would not rent out their units anything lesser than RM 5-5.5k upon completion.

That was a great corporate deal and the company must be spending some money, deal or luck to nick the deal on. AA is such a great company who will diversify the needs and offering some of their stewardess / foreign workers with some position, image and luxury living lifestyle just because of it is near to Sunway Pyramid.

But as you mentioned before nautica have a low vacancy level so renters will spill over to a'marine since its the newest condo nearby with available units. But kind of off topic, so you think geo is a good investment? Since you have a nautica unit would you also buy a geo with the dual key concept?

Hmmm....my unit also very nicely done up at Nautica....maybe should test and see how much can rent out ...he he