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Investment RESIDENCY V @ OLD KLANG ROAD [OWNERS' THREAD], Brought to you by Kerjaya Prospek

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nzamys
post Jun 11 2014, 08:13 AM

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QUOTE(fishfirst @ Jun 10 2014, 04:44 PM)
anyone buying for own stay or investment?
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Maybe own stay for few years then sell if we need money
fishfirst
post Jun 11 2014, 12:29 PM

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Buy for mistress n mister lah... rclxm9.gif

my purpose is to know how many % buying for own stay (self or children) and how many % buying for investment (flip or rent).

This post has been edited by fishfirst: Jun 11 2014, 12:32 PM
cfa28
post Jun 11 2014, 02:55 PM

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QUOTE(fishfirst @ Jun 11 2014, 12:29 PM)
Buy for mistress n mister lah... rclxm9.gif

my purpose is to know how many % buying for own stay (self or children) and how many % buying for investment (flip or rent).
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Perhaps u can share your own reason first.

tracia1335
post Jun 11 2014, 03:14 PM

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QUOTE(cfa28 @ Jun 11 2014, 02:55 PM)
Perhaps u can share your own reason first.
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rclxms.gif rclxms.gif rclxms.gif
fishfirst
post Jun 11 2014, 05:05 PM

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for me, at the moment for own stay.
aishing
post Jun 11 2014, 05:15 PM

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I wonder if there is Mainland Chinese who bought the whole lot of the units in R5 like how Pearl Suria is being taken mostly by the chinese with cash
cfa28
post Jun 12 2014, 10:41 AM

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just to share single Car Park Bay available for Registration. Indicative Price is RM35K

CANNOT pay via installment, so poor fag like me may have to pass. Can almost buy a Proton Saga.
tracia1335
post Jun 12 2014, 10:57 AM

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QUOTE(cfa28 @ Jun 12 2014, 10:41 AM)
just to share single Car Park Bay available for Registration.  Indicative Price is RM35K

CANNOT pay via installment, so poor fag like me may have to pass.  Can almost buy a Proton Saga.
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i also feel this price is not affordable by me. blink.gif
lchoong78
post Jun 12 2014, 11:52 AM

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QUOTE(aishing @ Jun 11 2014, 05:15 PM)
I wonder if there is Mainland Chinese who bought the whole lot of the units in R5 like how Pearl Suria is being taken mostly by the chinese with cash
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I though Foreigner only able to buy property with RM1mil above? this project is still lower than 1mil.
jordan_kc87
post Jun 12 2014, 11:52 AM

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Sorry ya bros,need to advertise again. 645 sqft unit 2 rooms available for original pre increased price.pls pm if interested.thank you
cfa28
post Jun 12 2014, 11:57 AM

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QUOTE(tracia1335 @ Jun 12 2014, 10:57 AM)
i also feel this price is not affordable by me.  blink.gif
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Yeah, RM20K and even RM25K, can consider

But RM35K and in one lump sum, a bit too hard to swallow
lchoong78
post Jun 12 2014, 12:09 PM

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After look at the all the sizes, the units is really small. Most of the units not even 1,000 sq ft??

Im the buyer of 288 the developer recent completed project. As 288 is his second project as developer, it really need lot of thing to learn to be a good developer.
jordan_kc87
post Jun 12 2014, 12:10 PM

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QUOTE(cfa28 @ Jun 12 2014, 11:57 AM)
Yeah, RM20K and even RM25K, can consider

But RM35K and in one lump sum, a bit too hard to swallow
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Nowadays car park prices are crazy!!! Car park more expensive than car soon.its like next time we go restaurant dinner,the soya sauce more expensive than chicken to make "Si yao gai"lol
ejlim88
post Jun 12 2014, 12:18 PM

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QUOTE(cfa28 @ Jun 12 2014, 10:41 AM)
just to share single Car Park Bay available for Registration.  Indicative Price is RM35K

CANNOT pay via installment, so poor fag like me may have to pass.  Can almost buy a Proton Saga.
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Thanks for the info cfa28.

I also cannot afford cry.gif

tracia1335
post Jun 12 2014, 12:28 PM

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QUOTE(jordan_kc87 @ Jun 12 2014, 12:10 PM)
Nowadays car park prices are crazy!!! Car park more expensive than car soon.its like next time we go restaurant dinner,the soya sauce more expensive than chicken to make "Si yao gai"lol
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rclxms.gif rclxms.gif

our next coming malaysia really will be in this case.


MALAYSIA APA PUN BOLEH !!! CHEERS thumbup.gif thumbup.gif




cfa28
post Jun 12 2014, 01:06 PM

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QUOTE(lchoong78 @ Jun 12 2014, 12:09 PM)
After look at the all the sizes, the units is really small. Most of the units not even 1,000 sq ft??

Im the buyer of 288 the developer recent completed project. As 288 is his second project as developer, it really need lot of thing to learn to be a good developer.
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Smaller units cost less on a total basis.

1,000 sq ft even after freebies will be about > RM700K

But i would have prefered a larger unit myself, if there was 1,200 sq ft, I would also take but what to do, 909 is their biggest
skcJVN
post Jun 12 2014, 01:09 PM

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Standard seiz of a car park lot ~ 8x18 ~144 . 35k/144 ~rm243psf is ok , n can rented out atleast rm200/mth , ROI above 6.8% is good also , later on the car park rental can increase higher than the house rental respectively , good investment , some developer dont sale carpark bcos they can make money .

This post has been edited by skcJVN: Jun 12 2014, 01:12 PM
cfa28
post Jun 12 2014, 01:10 PM

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QUOTE(skcJVN @ Jun 12 2014, 01:09 PM)
Standard seiz of a car park lot ~ 8x18 ~144 . 35k/144 ~rm243psf is ok , n can rental atleast rm200/mth , ROI above 6.8% is good also , later on the car rental can increase higher the house rental respectively , good investment , some developer dont sale carpark bcos they can made money .
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i know yield is quite good if can rent out but don't have RM35K idle cash lying around.

Hmm,. worth to take P-Loan to buy?


jordan_kc87
post Jun 12 2014, 11:21 PM

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QUOTE(cfa28 @ Jun 12 2014, 01:10 PM)
i know yield is quite good if can rent out but don't have RM35K idle cash lying around.

Hmm,. worth to take P-Loan to buy?
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I doubt so....cos there are many risk involved.what if parking not able to rent out?
aishing
post Jun 13 2014, 11:39 AM

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It will most likely be rented out especially those who only have 1 car park but husband n wife owns 1 car each. N I doubt u wud wan to park ur car outside as it is quite impossible to fit hundreds of cars wen pearl suria is done too.

The only thing now is at rm200/mth max rm250/mth for a carpark, u wil nd 15yrs to take bck the 35k. So now the question is if tis 10 or 15yrs worth investing?

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