Investment Sunway Geo Residences,South Quay Bandar Sunway, Any Opinion?
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 Jan 23 2015, 01:01 AM
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#81
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10,387 posts Joined: Dec 2011 
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QUOTE(Babizz @ Jan 22 2015, 10:24 PM) Just walk by Sunway booth in Sunway pyramid. GEO only 10 units left n selling for 1000 before rebates*. For so many projects outside KL City Centr and selling RM 1000 psf or above , this GEO looks the most promising. Shoplots also available at 5 mill plus.. maybe not good frontage but forgot to enquire on the sqft.  |
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Jul 19 2015, 11:19 AM
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#82
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Senior Member
10,387 posts Joined: Dec 2011
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QUOTE(Babizz @ Jul 19 2015, 12:15 AM) boss, my friend own apartment in south quay ( of cos no lrt thr) n say occupancy still 20-30% for the few apartments thr despite low rental... but GEO got direct BRT, mall etc but u can get tht from USJ apartments near d BRT aso.. i think at the price point they bought in for geo 2, would struggle to cover installment Boss, I can assured you that majority tenants looking for SSQ definitely wont looking at USJ apartments. Different pool of tenants and its profession.  To buy into GEO, its almost similar to those buying into Tropicana Gardens, Sunway Velocity and Park Residence Bkt Jalil, where all mall oriented and pricing scale quite high. GEO could be advantage compare to above due to current amenities, connectivities and accessible roads available and maturing into next stage. I also concur that, all new developments now, the rental is hardly to match the monthly installments. |
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Jul 19 2015, 11:23 AM
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#83
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Senior Member
10,387 posts Joined: Dec 2011
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QUOTE(Babizz @ Jul 19 2015, 10:46 AM) B Marine.. friend owns a unit thr n say rental thr can go below 3k also.. I totally agree with bigman on south quay especially for ownstay but geo more suited for investment although i doubt the rental... A Marine was mainly huge sizes, thus the targetted tenants should be limited expats or families if not own stay.  Whats yr target rental for yr geo unit? GEO is mainly small sizes, thus I see this is more to investments of rental in future. I believe smallest unit could fetch min 2.5k upon VP although it doesnt able to match monthly installments. |
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