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Investment PARC 3 @ KL SOUTH, CHERAS, Raising the Bar on Modern Living

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kenty
post Dec 27 2013, 10:50 AM

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QUOTE(HELLO HELLO @ Dec 27 2013, 10:40 AM)
cheryee taikarjie.. here

Property Project : The Weave, Cheras
Location : Jalan Pudu Prime, Cheras, Kuala Lumpur
Property Type : Serviced Residence
Tenure : Leasehold
No.. of Blocks : 1
No.. of Storey : 39
Total Units : 361
Developer : Titian Just Sdn Bhd (EUPE Corporation Berhad)
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Where is Jalan Pudu Prime? couldn't find. Only Jln Pudu Impian in the map
kenty
post Dec 27 2013, 10:52 AM

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QUOTE(cheryee @ Dec 27 2013, 10:41 AM)
Wah! Really PGRM there woh  rclxub.gif

Any idea behind which building? I see2 like no more land there  tongue.gif
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That's a piece of land in between D'Alamanda Condo & PGRM. Currently open air car park.
kenty
post Dec 27 2013, 11:55 AM

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QUOTE(cheryee @ Dec 27 2013, 11:04 AM)
U mean the current open air car park next to PGRM?
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Yes, that is.
kenty
post Dec 27 2013, 11:57 AM

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QUOTE(stardust00 @ Dec 27 2013, 11:32 AM)
Yup, I think that's the location.

Some of the pros and cons that I can think of:
Pro:
1. Near to bukit bintang, TRX, klcc
2. Pudu ulu park is just across the road
3. Jusco and sunway velocity mall is nearby
4. Maluri lrt is within walking distance

Cons:
1. Low/medium cost apartments and old shop lots in the vicinity.
2. Heavy traffic during peak hours at jalan cheras and from shamelin direction.
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The rental yield quite low if based on D'Alamanda Condo.

This post has been edited by kenty: Dec 27 2013, 11:58 AM
kenty
post Dec 27 2013, 12:35 PM

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QUOTE(cheryee @ Dec 27 2013, 12:02 PM)
What's the rental yield %?
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less than 4.5% gross
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