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EcoSky, KL by Eco World v2, Retail : Office : Residence
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BEANCOUNTER
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Dec 14 2017, 11:20 AM
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QUOTE(gks @ Dec 14 2017, 11:17 AM) On fair side to EcoWorld, EcoSky is launched at the height of property market 2013 ie the peak price. I do not think many new launches in 2013 that VP-ed past 2 years are having decent gain. If you can get anything close to 30% cap gain, consider as significantly outperform market liao. 30%? that's a VERY BIG ask....... lets try 20% and move downwards.
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yy92096
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Dec 14 2017, 11:22 AM
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Getting Started

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QUOTE(m0n0p0ly @ Dec 14 2017, 11:01 AM) Opposite fully furnished whole unit rent out RM1800 Let's assume the monthly installment payment is RM2,500 and RM1,800 is about 70% (RM1,750) of the amount. Don't forget the monthly maintenance fee of RM400(1,000sqf with RM0.40 per sqf). RM1800 minus another RM400, so it's RM1400 only. Would you rent out your unit for just RM1400 or you would be happy to get a tenant to share with the monthly repayment?
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gks
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Dec 14 2017, 11:28 AM
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QUOTE(BEANCOUNTER @ Dec 14 2017, 11:20 AM) 30%? that's a VERY BIG ask....... lets try 20% and move downwards.  For ecosky? I think based on premium product, price and brand which usually already factored in during the launch, buyers I think will be happy if they can get 10-20%... The fact is 2012-2014 were the peak... Where EW were launching left and right.
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aaron1717
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Dec 14 2017, 11:35 AM
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QUOTE(m0n0p0ly @ Dec 14 2017, 11:01 AM) Opposite fully furnished whole unit rent out RM1800 for 3 rooms unit? or 2 rooms unit?
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kochin
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Dec 14 2017, 11:36 AM
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aaron1717
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Dec 14 2017, 11:39 AM
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QUOTE(kochin @ Dec 14 2017, 11:36 AM) his photo very yeng... haha... but still i dont think locals will wanna rent at 2200 per month unless the commies below doing very extremely well...
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BEANCOUNTER
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Dec 14 2017, 11:43 AM
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QUOTE(aaron1717 @ Dec 14 2017, 11:39 AM) his photo very yeng... haha... but still i dont think locals will wanna rent at 2200 per month unless the commies below doing very extremely well...  if commercial below is doing well, rest assure many units will be rented out to foreign workers that work there.
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gks
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Dec 14 2017, 11:44 AM
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I remember one of the pitches.. can be used as Airbnb due to proximity to Batu Caves. Maybe that is good option now.
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BEANCOUNTER
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Dec 14 2017, 11:45 AM
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QUOTE(kochin @ Dec 14 2017, 11:36 AM) whoa....super sexy saliva drooling pic of agent leh.... macam selling himself more than property  dun understand why his agency never control their negotiators profile and image. This post has been edited by BEANCOUNTER: Dec 14 2017, 11:47 AM
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aaron1717
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Dec 14 2017, 11:46 AM
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QUOTE(BEANCOUNTER @ Dec 14 2017, 11:43 AM) if commercial below is doing well, rest assure many units will be rented out to foreign workers that work there. which alot of owners reluctant too until they cant hold the unit anymore... haha
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herman7
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Dec 14 2017, 01:07 PM
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Getting Started

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QUOTE(gks @ Dec 14 2017, 04:44 AM) I remember one of the pitches.. can be used as Airbnb due to proximity to Batu Caves. Maybe that is good option now. Actually that is one of my plan. And looking at nearby area, there are many airbnb unit eg Kiara east dex.
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Young People
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Dec 14 2017, 02:18 PM
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Getting Started

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QUOTE(herman7 @ Dec 14 2017, 01:07 PM) Actually that is one of my plan. And looking at nearby area, there are many airbnb unit eg Kiara east dex. You have spend time to manage this airbnb thing if no hire someone to handle but need to spend $$$. In the end , the important thing how is much you can can cover monthly installment.This ES must bring grade A tenants to commies. Still waiting big names tenant to coming...
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herman7
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Dec 14 2017, 02:24 PM
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Getting Started

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QUOTE(Young People @ Dec 14 2017, 07:18 AM) You have spend time to manage this airbnb thing if no hire someone to handle but need to spend $$$. In the end , the important thing how is much you can can cover monthly installment.This ES must bring grade A tenants to commies. Still waiting big names tenant to coming... But it is possible to do it on your own without hiring and agent. But I doubt total income can cover the whole monthly installment. But its a solution to an empty unit nonetheless.
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aaron1717
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Dec 14 2017, 02:26 PM
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QUOTE(herman7 @ Dec 14 2017, 02:24 PM) But it is possible to do it on your own without hiring and agent. But I doubt total income can cover the whole monthly installment. But its a solution to an empty unit nonetheless. yea... its better than left it empty for now.... just have to be creative during these kind of time... as long as u willing to take up the reduced losses for now while waiting for appreciation.... life still goes on...
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aaron1717
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Dec 14 2017, 02:55 PM
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QUOTE(herman7 @ Dec 14 2017, 02:53 PM) hmm seems not bad... although not sure has it really rented out at such pricing... or will the appearance of eco sky cause oversupply for the area rental market...
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DesRed
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Dec 14 2017, 02:55 PM
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QUOTE(aaron1717 @ Dec 14 2017, 11:46 AM) which alot of owners reluctant too until they cant hold the unit anymore... haha Hmm... makes me wonder if this is the same case at Setiawalk. The bars and F&Bs seem to be doing well there. Then again, I know of a friend who used to stay at a Sri Hartamas townhouse and he mentioned of a certain section there where some of the houses are rented out to foreign workers.
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aaron1717
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Dec 14 2017, 02:57 PM
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QUOTE(DesRed @ Dec 14 2017, 02:55 PM) Hmm... makes me wonder if this is the same case at Setiawalk. The bars and F&Bs seem to be doing well there. Then again, I know of a friend who used to stay at a Sri Hartamas townhouse and he mentioned of a certain section there where some of the houses are rented out to foreign workers.  i think alot of similar cases when the F&B is doing well... i know of a few condos which having a lot of units rented as a hostel to the foreign workers working in their F&B shops... quite common... but not all owners like it... its better than hold it on not tenanted...
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herman7
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Dec 14 2017, 04:17 PM
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Getting Started

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QUOTE(aaron1717 @ Dec 14 2017, 07:57 AM) i think alot of similar cases when the F&B is doing well... i know of a few condos which having a lot of units rented as a hostel to the foreign workers working in their F&B shops... quite common... but not all owners like it... its better than hold it on not tenanted... setiawalk looks vibrant..bigger water element ecosky looks dull This post has been edited by herman7: Dec 14 2017, 04:19 PM Attached thumbnail(s)
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aaron1717
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Dec 14 2017, 04:38 PM
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QUOTE(herman7 @ Dec 14 2017, 04:17 PM) setiawalk looks vibrant..bigger water element ecosky looks dull  give eco sky some time.... setiawalk doesnt started off into now in very short period too... haha... but they have offices there as well as residential... i think the foot traffic difference will be there... haha
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