Lease agreement is 5years and 6% GRR/yr. negotiate again after the end of the lease term.
Std size of the hotel room is 250sqf. Bare unit is about RM250k and no GRR while full furnish unit start at RM318k before early bird discount.
As per SA, the net return is about 4%-4.5% per year after deduct mgt fee, assessment quite rent, electricity water n etc.
And please take note the progress billing will be subject 6% GST in future.

Above price is before 5%+5%+2%

Strange that electricity n water borne by owner rather than operator

68k for furnishing over 250 sf is RM272 psf...how many star wor?

I was there this morning around 11am and I found difficult to make decision due to unknown operator and uncertain rental after 5 years.
Another thing is the hotel room does not come with car park, u need to rent a parking if u buy a bare unit for own stay.
With the reasons n uncertainties mentioned above, I have no choice but walk away and wait for next opportunity.

My friend, have to say that your prediction will be quite accurate.

So more the bare unit sold are individually owned and not under the hotel management...something i have never seen before

This area gonna be Future new super cannon room happy ending playground. Sibeh syok! Can't wait for it to complete.

Actually mont kiara also ada Sibeh banyak private happy ending cannon room. 1 of the best in klang valley. Mostly International stock. That's only available if u know the inside people. They will bring u play play happy ending.

I got manyak friends from pj and Juilai Sibeh like to come to mont kiara cari quality stocks play play in cannon room.

Now this ekocheras soon become 1. Hopefully stock quality good enough can match mk.

Jagalat is busy signing SPAs on the spot 😁

opis sales quite shocking..    whts d hotel details.. jagalat kor seems quiet today means mus be thr 

I did not make any booking today.

SA told that if buyers sign SPA before 1-Apr, buyers can skip GST for this first round/down payment.
However, subsequent phases/draw down, GST will be required.

Last time this area was speculated to be 2nd milk village...
Now quality stocks cannon room.. 

Hotel Suites >>> quality stocks cannon room
Service Apartment >>> 2nd milk village

High rental yield for investor!

Bro, high yield return for investment in hotel room or investment in 2nd milk? 😄

Anyone can confirm if the hotel swimming pool is located at the side as shown below, or at the back as posted in earlier posts?