Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment SUNWAY BELFIELD RESIDENCE KUALA LUMPUR, Sunway gearing up for 2020 New Launch

views
     
Cavatzu
post Oct 27 2025, 10:03 AM

Look at all my stars!!
*******
Senior Member
2,832 posts

Joined: Dec 2020


QUOTE(Azamat_Bagatov @ Oct 26 2025, 11:14 PM)
no airbnb allowed?
Wonder how those early buyer felt, I am sure some agents marketed it as airbnb project for high return
*
The agents were Sunway staff and expressly said no airbnb. Very factual and to the point. Its a positive that many can view this as a home and not just some throwaway investment.
Azamat_Bagatov
post Oct 27 2025, 07:43 PM

Getting Started
**
Junior Member
118 posts

Joined: Jul 2025
QUOTE(Cavatzu @ Oct 27 2025, 10:03 AM)
The agents were Sunway staff and expressly said no airbnb. Very factual and to the point. Its a positive that many can view this as a home and not just some throwaway investment.
*
I am pretty sure just by sunway staff alone is not able to sell more than 40% of the overall sales
Agencies play a big role in helping to sell the whole project

Staff sure will deliver factual info, the other party not so sure, there must be buyers who misled on investment with airbnb as buying point

Anyway it is what it is now and hopefully buyers making good return on their investment
Babizz
post Oct 27 2025, 07:46 PM

10k Club
********
All Stars
12,523 posts

Joined: Feb 2013
QUOTE(Azamat_Bagatov @ Oct 26 2025, 09:14 AM)
no airbnb allowed?
Wonder how those early buyer felt, I am sure some agents marketed it as airbnb project for high return
*
I'm an early buyer. All know very well no Airbnb. Most units sapu in a few minutes.
macbookpro88
post Oct 27 2025, 08:45 PM

Getting Started
**
Junior Member
80 posts

Joined: Feb 2019
QUOTE(Babizz @ Oct 27 2025, 07:46 PM)
I'm an early buyer. All know very well no Airbnb. Most units sapu in a few minutes.
*
How much did you bought it and which size ? going to compared this with Sunway Conchrane
Cavatzu
post Oct 28 2025, 06:06 PM

Look at all my stars!!
*******
Senior Member
2,832 posts

Joined: Dec 2020


QUOTE(macbookpro88 @ Oct 27 2025, 08:45 PM)
How much did you bought it and which size ? going to compared this with Sunway Conchrane
*
Early phase is from 700 psf. Some bigger units are less than this. I think offers now are 900-1k psf. 4 bed very in demand.
macbookpro88
post Oct 28 2025, 11:47 PM

Getting Started
**
Junior Member
80 posts

Joined: Feb 2019
QUOTE(Cavatzu @ Oct 28 2025, 06:06 PM)
Early phase is from 700 psf. Some bigger units are less than this. I think offers now are 900-1k psf. 4 bed very in demand.
*
thats really good price
Cavatzu
post Oct 29 2025, 05:17 AM

Look at all my stars!!
*******
Senior Member
2,832 posts

Joined: Dec 2020


QUOTE(macbookpro88 @ Oct 28 2025, 11:47 PM)
thats really good price
*
Ya that's why ROI can't be negative. There's like a 20% capital gain already and rental yield is at least 5%. Mine is 7.5%. This is definitely cash flow positive property.
Fantastic11
post Oct 29 2025, 08:38 AM

Getting Started
**
Junior Member
189 posts

Joined: Sep 2021
QUOTE(Cavatzu @ Oct 29 2025, 05:17 AM)
Ya that's why ROI can't be negative. There's like a 20% capital gain already and rental yield is at least 5%. Mine is 7.5%. This is definitely cash flow positive property.
*
Buy sunway property sure have profits 😆
Cavatzu
post Oct 29 2025, 11:03 AM

Look at all my stars!!
*******
Senior Member
2,832 posts

Joined: Dec 2020


QUOTE(Fantastic11 @ Oct 29 2025, 08:38 AM)
Buy sunway property sure have profits 😆
*
No la. That's too bold a statement. They have and will make bad decisions too. Judge the project on its own merits. I dont know who can profit from Sunway Cochrane.
macbookpro88
post Oct 29 2025, 11:53 AM

Getting Started
**
Junior Member
80 posts

Joined: Feb 2019
QUOTE(Cavatzu @ Oct 29 2025, 05:17 AM)
Ya that's why ROI can't be negative. There's like a 20% capital gain already and rental yield is at least 5%. Mine is 7.5%. This is definitely cash flow positive property.
*
but 700 psf can't be right ? isn't ? if that so, then the smallest unit 790sf, sold for 553000 ? impossible.

This post has been edited by macbookpro88: Oct 29 2025, 02:48 PM
Chady
post Oct 29 2025, 05:00 PM

Casual
***
Junior Member
361 posts

Joined: Oct 2021
QUOTE(macbookpro88 @ Oct 29 2025, 11:53 AM)
but 700 psf can't be right ? isn't ? if that so, then the smallest unit 790sf, sold for 553000 ? impossible.
*
If I’m not mistaken starting from RM550k, when I saw the the advertisement at a billboard in Federal Highway few years ago
Cavatzu
post Oct 30 2025, 08:18 AM

Look at all my stars!!
*******
Senior Member
2,832 posts

Joined: Dec 2020


QUOTE(macbookpro88 @ Oct 29 2025, 11:53 AM)
but 700 psf can't be right ? isn't ? if that so, then the smallest unit 790sf, sold for 553000 ? impossible.
*
FROM. If you're looking at smallest unit, cheapest was from 590k at launch. Psf and quantum price are different math expressions.

This post has been edited by Cavatzu: Oct 30 2025, 08:19 AM
Babizz
post Oct 31 2025, 11:51 AM

10k Club
********
All Stars
12,523 posts

Joined: Feb 2013
QUOTE(Cavatzu @ Oct 29 2025, 06:18 PM)
FROM. If you're looking at smallest unit, cheapest was from 590k at launch. Psf and quantum price are different math expressions.
*
Many people bought way below 580k
bursageek
post Oct 31 2025, 10:24 PM

Getting Started
**
Junior Member
58 posts

Joined: Mar 2018
QUOTE(Cavatzu @ Oct 28 2025, 06:06 PM)
Early phase is from 700 psf. Some bigger units are less than this. I think offers now are 900-1k psf. 4 bed very in demand.
*
Which year was the rm700 psf number? If it has gone up to even 900 psf, that's a <30% gain only however many years that is. If it's over 5 years, then annual gain is <6%, might as well have put your money into the US stock market which has doubled (120% to be exact) over the same period.
Babizz
post Oct 31 2025, 10:48 PM

10k Club
********
All Stars
12,523 posts

Joined: Feb 2013
QUOTE(bursageek @ Oct 31 2025, 08:24 AM)
Which year was the rm700 psf number? If it has gone up to even 900 psf, that's a <30% gain only however many years that is. If it's over 5 years, then annual gain is <6%, might as well have put your money into the US stock market which has doubled (120% to be exact) over the same period.
*
December 2020.

Upfront costs of Belfield maybe RM20k so stock market 120% gain means RM44k in total smile.gif

Belfield lets say type A about RM580k then sell about RM730k minus all the costs like interest agent fees etc should be RM50k in total which is on the high side so net net gain about RM100k.

Need to always calculate cash on cash return.
bursageek
post Nov 1 2025, 09:43 AM

Getting Started
**
Junior Member
58 posts

Joined: Mar 2018
QUOTE(Babizz @ Oct 31 2025, 10:48 PM)
December 2020.

Upfront costs of Belfield maybe RM20k so stock market 120% gain means RM44k in total smile.gif

Belfield lets say type A about RM580k then sell about RM730k minus all the costs like interest agent fees etc should be RM50k in total which is on the high side so net net gain about RM100k.

Need to always calculate cash on cash return.
*
Maybe in this case it worked out because of some early-bird rebates or DIBS that brought the upfront cost down, but RM20k is still pretty low for a RM580k unit. Realistically you’re definitely incurring costs on both entry and exit — SPA/MOT, legal, loan settlement, agent fee, all that eats into your so-called gain.

Plus, you’re sitting on a big loan for years with zero liquidity and plenty of risk (delay, defects, interest, etc.). Using Belfield, which is a one-off success, to justify real estate investments as a generally profitable investment is just not true.

And it doesn't change the fact that property investment is lacklustre to simpler investments. You’d have done far better putting that borrowed money (at a smaller scale too instead of taking out half a million) into Nasdaq, Bitcoin, or whatever else fits your risk appetite, at least you can cash out in a click instead of chasing lawyers and agents.
Cavatzu
post Nov 1 2025, 02:13 PM

Look at all my stars!!
*******
Senior Member
2,832 posts

Joined: Dec 2020


QUOTE(bursageek @ Oct 31 2025, 10:24 PM)
Which year was the rm700 psf number? If it has gone up to even 900 psf, that's a <30% gain only however many years that is. If it's over 5 years, then annual gain is <6%, might as well have put your money into the US stock market which has doubled (120% to be exact) over the same period.
*
I was just refuting the statement that it's negative ROI. This one is a rarity for Malaysian real estate and should just be recognised as such with more upside to go. It might interest you to know that the choice units with great views are getting offers in the 1100 psf range.

 

Change to:
| Lo-Fi Version
0.0162sec    0.36    6 queries    GZIP Disabled
Time is now: 6th December 2025 - 05:21 PM