Mar 5 2019, 02:12 AM
QUOTE(Bjorn1688 @ Jan 22 2019, 11:05 PM)
Was at the sales gallery earlier today. Supposed to view it over the weekend but after viewing One Cochrane Residence and a round of walking at IKEA had to go for a steamboat fix at Velocity Mall.
Interesting project, seems would be very well integrated with Velocity Mall however kind of a far walk to get to the MRT station when compared to Cochrane.
Density a bit on the high side. Facilities, nothing special especially when compared to their other development such as Sunway Serene. Can't beat it for convenience as plenty of food places for all kinds of budget around the area and you can even find my favourite tausa pao less than 200m away.
Flipping potential? Nil, developer has already future priced it when compared against UNA and Laville.
Rental? Never realized the area was flooded with PRC nationals and judging by the number of China-styled steamboat restaurants mushrooming at Velocity Mall, I won't be surprised SV2 would be a favourite among them too. All this of course assumes you'd be willing to rent to that type of people.
Would I buy one? Hmmmmmmm..... Price a bit on the steep side for the location and I think would need to invest some big bucks in ID to get good rental rates.
More than 97% sold and confirmed buyers.
Vist the gallery last 2 months and the exhibition in KLCC last weekend Interesting project, seems would be very well integrated with Velocity Mall however kind of a far walk to get to the MRT station when compared to Cochrane.
Density a bit on the high side. Facilities, nothing special especially when compared to their other development such as Sunway Serene. Can't beat it for convenience as plenty of food places for all kinds of budget around the area and you can even find my favourite tausa pao less than 200m away.
Flipping potential? Nil, developer has already future priced it when compared against UNA and Laville.
Rental? Never realized the area was flooded with PRC nationals and judging by the number of China-styled steamboat restaurants mushrooming at Velocity Mall, I won't be surprised SV2 would be a favourite among them too. All this of course assumes you'd be willing to rent to that type of people.
Would I buy one? Hmmmmmmm..... Price a bit on the steep side for the location and I think would need to invest some big bucks in ID to get good rental rates.
More than 97% sold and confirmed buyers.
I agree with this guy. density quite on the high side but that is expected considering the good location.
All the price is already factored in and profited by Sunway. Here are some obvious examples:
Tower A has the worst view, so price cheaper abit, of course the side facing TRX is both obstructed by coming Tower C and D
Tower B the side facing cheras got the best cheras view, but thats why u paying extra 5%.
Tower C and D got the TRX view , I think C will be nearer to the mall so D will launch after C and of course price go up also.
If u ask me they already calculate everything, even unit number with 8 also more expensive... come on la.. this one let the lucky buyer untung also cannot meh? flipping potential really long term.
Rental? the completion date is +/- with the 3600 units of SUPER high dense Mah sing project which is located near Menara PGRM, also "walking" distance to Maluri MRT. currently rental go around 2000 - 2500 in V residence for 6xx sqft, when that mah sing project, parc3, and laville finish and few others come up, there is plenty of supply , and i expect rental to drop due to competitiveness.
Mah Sing only sell 2 type, 3BR and 4BR from 480k onwards, monthly only pay RM 2000/month on loan, rental people will probably throw RM 1000 - 1500 a month, they can bleed RM 500 - 1k a month, but velo 2 have to bleed 1k - 1.5k a month probably..
my observation is that most people stay in Vresidence are PRC workers (after shopping there for few days) either from the shops nearby or from the neighbourhood, they rent one unit like 6-8 people.
Airbnb is a good choice for sure, alot people are already doing it and getting 100+ reviews at RM 120 - 160 a day,
I think average also get rental value back after fees to AirBnb, and empty days also around 2k - 2.5k a month.
you will start from 0. heavy ID required.
This post has been edited by halofujima: Mar 5 2019, 02:16 AM
Quote
0.0143sec
0.31
7 queries
GZIP Disabled