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Investment Sunway Geo Residences,South Quay Bandar Sunway, Any Opinion?
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propertyowner
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 Dec 30 2019, 05:04 PM
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QUOTE(MeToo @ Dec 30 2019, 02:48 PM) Came across this being the only thread on BayRock. I seen a few BayRock being sold at ~4.6m, seems decent fro that location and size. Any idea how much was the launch/developer sold for? Also is that area freehold or lease hold? Likely there is only one which selling 4.6m at some reasons, and being posted multiple times only. And which area in Sunway, the ex- mining land is actually freehold? Nearby Geo groceries also not sure got sell sundries like Spinach or not. Kindly validate & consider twice b4 commit. Also this price can buy two FH bungalows of 6k+ sqft BU at Bkt Rimau. This post has been edited by propertyowner: Dec 30 2019, 05:05 PM |
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propertyowner
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Dec 30 2019, 08:41 PM
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QUOTE(bigman @ Dec 30 2019, 05:08 PM) One of my out perform portfolio... Regret not buying one unit more in Geo when the price still below 850psf... In this area, freehold is not important criteria... If you still talk about freehold or not... Then.. You just a novice in property investment... It depends. Not necessarily true when a big land has FH & LH. For Sunway it is special because you're comparing/competing against same land title. I think you had Geo residence not Bay Rocks. It is a JV wit Mitsui. Sometimes, outperform just happen when one has lower expectation on the returns. This post has been edited by propertyowner: Dec 30 2019, 08:42 PM |
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propertyowner
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Dec 31 2019, 01:35 AM
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QUOTE(bigman @ Dec 30 2019, 09:02 PM) Ya... Low expectation... The rental only cukup for my porsche installment only... If high expectation... Maybe enough for Lamborgini Urus... Not quite believe u hav porsche tho.. 😂 |
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propertyowner
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Dec 31 2019, 01:37 AM
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QUOTE(DavidKool @ Dec 30 2019, 11:06 PM) Around the same price, but if I recall correctly the price range is quite huge more than 10 years back. Averagely developer price is 5-6mil, then heavy discount if you buy and get another friend to buy, both enjoy up to 20-25%. A lot ppl claim feng sui not good because the bungalows level is lower than it's south quay main entrance frontage and nothing fancy back then. How to claim outperformed if it's around same price.. |
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