Dec 24 2013, 10:04 AM
QUOTE(forever1979 @ Dec 24 2013, 05:22 AM)
yes, the occupancy rate is very annoying.
My fren who stays in a landed in Kota Kemuning, I think he bought the house 4 yrs ago about RM400k plus, move in 1 year ago, i just when there recently, looks like < 50% occupy. and I believe many places is like that.
But the price has just shoot up to RM700K.
It shows that either the seller cannot sell due to higher asking price or some really means for own stay.
but surprisingly there is no auction for all these houses or condo and it show those property owners are really cash flow strong.
Not true for today kota kemuning is <50% occupancy, I stay here about 10 years, initial stage which is more than 5 years ago yes, but today, i would say more than 95% occupacy, and majority are owner stay, majority of those who invest already sold off due to recent hike.My fren who stays in a landed in Kota Kemuning, I think he bought the house 4 yrs ago about RM400k plus, move in 1 year ago, i just when there recently, looks like < 50% occupy. and I believe many places is like that.
But the price has just shoot up to RM700K.
It shows that either the seller cannot sell due to higher asking price or some really means for own stay.
but surprisingly there is no auction for all these houses or condo and it show those property owners are really cash flow strong.
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