Yes, i think this is a good way to shore up cash. btw, wikimapia just updated their arial view of d maps.. even ekocheras looks different

If it comes with GRR or Leaseback agreement, disadvantage due to lower return yield.

In the event of flood, people can stay overnight in hotel to avoid jam

my spa dated Apr 2014, still got 3 years to go!

Office at 900psf would have to rent out at RM3.75 p/month to yield 5% per annum.. doable in cheras with MRT n MALL? this is before rebates of cos.

With such a low entry.. the hotel suites rental sure undercut all single bed
250k 1.5k rental can do ah?

1000+ previous buyers and only 250 units.
Saturday sure BBB!
One day finished booked out?

no one talk about flood? any preventative measure from developer? maybe free pickup truck?

That area never flood before. Flood started since mrt construction.
Can ask those who live there long enough to testify it.
But then again no one can guarantee after construction completed will remain the same as before.

This post has been edited by mybenz: Mar 9 2015, 06:18 PM

Flood started since THIS project started.

yes i think easily 100+ internal sapu.. maybe only 50-80 left for other buyers.. if given a chance i wont buy opis but will buy hotel suite.

left 100+ units plus for 1k ekocheras previous buyers. ratio is 1 to 10
mana cukup...
this saturday sure packed till outside one

For UCSI convocation/open days, parents from outstation can stay overnight at the hotel...

Side proposal:
1) Can prepare some stickers (you know the color).... [No I don't promote finger kungfu]
2) Hire foreigner worker(s) to queue overnite?

250sf...250k. 1k rental for a room. No grr..right? Grr mus be different package.....ask them.

Other block 7xxsf...vs 2xxsf differenr mkt la..how to undercut. Keke...better think where to store underwear in this hotel suite.

This post has been edited by propertybbb: Mar 9 2015, 08:58 PM

Jagalat taiko.. how many stickers and how many foreign workers u ask to Q?

I worry riot there. better hire security guards also

Ask propcafe....they did the finger kungfu in the first phase block J....u need to be there to see how they asked sales to stick the chart......this time...i wonder they have any fingers there on sat.

This post has been edited by propertybbb: Mar 9 2015, 08:31 PM

Got potential lah

They have not even started on the structure yet. High floor units unlikely will be bill the 3rd 10% by oct 2015

Hotel is on daily rental lah

Assuming rm200 per day and conservative 70% occupancy of 21 days, the monthly rental is rm4200. If net profit is 50%, net return is rm2100 per month.

Yield is 10%. The hotel operator can give you GRR of 6% per year and pocket the 4%.

The return per room to the operator is Rm2500 per room per year and based on 250 rooms , he make rm2.5m net

yes will be packed.. low entry price will invite a lot of young buyers who wanna invest.. whr cn u find a new prop with abs price below 300k? if i am ekovest, i will appeal to increase d plot ratio n double/triple the number of hotel rooms