Low density project damn easy to rent out. Within one month can rent out already. Don't need to hold. I also realise higher floors with unobstructed views are easier to rent out despite paying 20k premium. Typical tenants mentality don't like to rent blocked view due to privacy issues or low floors due to noise issues and privacy issues as well. Those lower floor unit with a blocked view in this place I have vested interest in is asking for 20%-30% cheaper rent yet no takers, not even Pak hitam. Been vacant for more than half a year now according to my agent. Wanna sell also damn difficult

This post has been edited by mthc: Dec 24 2016, 04:04 PM

Well that typically happens in mont kiara or bukit jalil. Not in this part of Rica.. the only bad thing about this Rica is the lack of commercial within its vicinity. You will have to walk to Viva or Rivercity which is 5-10 minutes away. Can't get much things within reach (one reach ground floor) unless you are keen on various Indian food or convenient stores.

Don't worry. YTL stuff won't come cheap with the MRT connected to any YTL projects. Fennel already fetching a premium price in Sentul. I cannot imagine the price in
this side of Sentul which is along Jalan Ipoh where the main commercial activities are focused at.

This post has been edited by mthc: Dec 24 2016, 04:15 PM

Lol dude.. if u apply textbook bs in property investment.. that is why we got ppl like u. Felt so thankful for that.. prop market cannot move without ppl like u.

Wah you actually even had the slight thought of bkt jalil. High floor also okay one.. easy to dispose and rent out.

Yup. Easier to rent also. Let's say 20k premium for higher floors @ 5% yield is only about rm80 more a month only

Damn pity your life.

Those side 6 storey shops offices facing sentul link and front shops facing jalan Ipoh are alright as they have been refurbished into offices, restaurants and budget hotels. However my only concern are those shops at the back of Rica. They look really run down especially those one storey shops but thankfully it's only less than 10 shops there.

There is a very famous private school that became an international school recently. Wesley Methodist School next to Capers.

Errr u serious?

It's okay la bro. 600 psf is damn cheap given that it's a new development some more. Look at that lap sap putra majestic. It houses international Grade C expats who happens to work in mamak stall / cleaning companies / construction workers etc.. The appreciation is very bad for putra as compared to Viva. Viva has a way better quality list of tenants also. I'm very sure you don't want your unit to have someone dead or thrown out the balcony right? Grade C expats with Grade C quality project for Grade C investors. No offence taken here. You will roll higher if you have the ball and won't even bother managing Grade C tenants. Those 200-300 ringgit extra a month you pay season parking in KL also gone already lar.. some people are so worried about this 200-300 ringgit no joke like die mother die father like that

This post has been edited by mthc: Dec 25 2016, 03:18 PM

Lol look at who is getting personal at others first. I'd better stop before he really step foot into his apartment in nirvana due to old age and weak heart from Lyn comments

This post has been edited by mthc: Dec 25 2016, 11:25 PM

That's what my teacher told my classmate also. But today my classmate owns 3 times more property than him at two times younger his age. Don't know to laugh or cry also. Debts maybe higher but his properties all 50-70 percent loan. The teacher now still teaching the same old textbook theories and living in his old hut trying to feed his son into overseas. Quite sad to see a gen Y excel 200 times better than the teacher horr

How ah? U wanna meet my classmate?

ManutdGiggs boss your favourite ice cream boy econs class started in this thread already.

No wonder u so failure la

- Low density
Lesser unit doesn't mean low density
LESSER UNITS MEANS LOW DENSITY

- Reasonable price
All depend on the materials they use
ITS REASONABLE CUZ ITS BARE UNIT AND THE MATERIALS ARE ALRIGHT GIVEN LAMINATED TIMBER ETC

- 200meter to MRT station and 800 meter to KTM station
200m arrive the entrance only and the traffic is very low for the KTM at Sentul Station
200M IS NOT NEAR FOR YOU THEN I DONT KNOW WHAT IS NEAR..

- Mature township (bank, food, school can be found)
Mamak walking distance, the rest need to drive
STOP LICKING YR OWN SALIVA. IF RIVERCITY OR MAHSING CAN WALK 1KM THEN RICA CANNOT WALK 500M TO THE BANKS AND FOOD?

- 5km to KLCC
How often you go KLCC?
EVERY MONDAY TO FRIDAY FOR PPL WHO WORKS THERE? SORRY IF YOUR JOB SUCKS

- Future appreciation
Only heaven know
IF YOU DIE TMR ALSO HEAVEN KNOWS. BUT DONT NEED FUTURE APPRECIATION ALSO GOT A CONFIRM 5% PAPER GAIN NOW ALREADY. NOT CONSIDERED APPRECIATION? AGAIN U LICKING YOUR OWN SALIVA

Buy two units of putra majestic la. Up and down. Cheap ma for u right tycoon

Seems like agent songlap the 2% is it!?

Lumi RHB banker?

UOB and OCBC also got. Checking with Ambank now.