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Investment SUNWAY VELOCITY TWO @ JALAN PEEL, Sunway JV CRSC Prop Former Lemon Tree

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calapia
post Mar 22 2019, 03:09 PM

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i went to the sales office and also check the surrounding... if u guys notice there is a new condo just behind jusco... though not directly integrated to velocity mall but its very dense. given the price point of velocity 2, its leasehold and the integrated hotel there... i decide to give up already...cause if i go airbnb...i gotta get a bigger unit means over 1mil then residence also offering service apartment concept.. end up very competitive.. if i am tourist.. i ll go hotel instead of airbnb....if i dun hv good income, i ll go with lower rent option which u find plenty around the maluri station... and don't forget mah seng got one there too..... well this is my observation at least.
calapia
post Mar 22 2019, 04:56 PM

On my way
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Senior Member
689 posts

Joined: Dec 2005


QUOTE(woolei @ Mar 22 2019, 04:26 PM)
different target tenant lo.

sunway velocity is to rent to rich student, foreign expert, rich nurse/doctor, high income working adult.
imagine you r rich student study at sunway , you wont stay at those cheap place one la, RM2.8k per month is very cheap for them.

that m vertica/illi is more to fresh graduate working adult either in KL/Maluri, RM350k for 3Room, monthly commitment around 1.7k, each person forkout RM600 to get a room it is consider affordable. definitely more demand.
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that is what i can only think off cause really many china pep there which we have the v residence....... i know there will be a hospital...does sunway going to build another college there? else i just think it could be oversupply... further more v residence is freehold and fully furnished + u can opt for 3 yrs hand over to sunway to help u rent out and the resell value (quick check from iproperty) is similar too..

This post has been edited by calapia: Mar 22 2019, 04:57 PM

 

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