Cyberjaya boss, mind to share will you flip EKC?

Real estate investment is going to face big challenges, knowing the government will continue to implement cooling measures until they think that the market is finally cooled off.

not confirm.. speculating only

Implement cool measurements now is good for us as well. Let the market slow down a while n digest the supply. It will become hotcake upon VP later.

Sometimes it is difficult to judge whether flippers or investors. Flippers may become investors if the market slow down.
Im not worries As long as this is prime location n the property can rent out easily.
Of course I wish the rental can cover 100% of my instalment. But I'm happy if the rental is abłe to cover 70%-80% of my instalment during financial crisis.

Ask neonikson1, he is director & true boss.

Anyway, u guys target rental rate too high, given the fact there are so many units.

For 500k+ investment, our target rental only RM 1800 to RM 2200

But inflation is taking place every where before GST is introduced, seems like businesses are already factoring the cost increase from GST n up their price in advance

So while Gomen try to cool property prices, property is still among the best inflation hedge

Susahnya!

What are the statistics for EKC?

Total Soho units =

Total one room 762 sf Soho units =

Total Soho units with 2 rooms n above =



Total SA units =

Total 596 sf studio =

Total one room 821 sf unit =

Total SA with 2 rooms n above =

Curious how you would conclude rental rate too high.... can quote an example?

Using your case:
RM500k 90% BLR-2.4 (or -2.45 if lucky) for 35 years , the monthly repayment is RM 2.1k.
Lowest target rental = RM1800/RM2100= 85%
Still inline with Soon boss expectation ...
(Of course sendiri bayar maintenance fee and sinking fund)

This post has been edited by Jagalat: Aug 9 2014, 10:54 PM

I am interesting. Please PM me.

Almost impossible.

Sometime,its good to dream. And since there no cost involved, might as well dream big.

Dun go too far in dream. One day hav to b back to the reality too.

It's gd to stay realistic.

I know my future tenant 'll build me a high tech Msc status A grade ofis on my orchard land.

Oopsi, did I just say it too loud.

Jk Jk

This post has been edited by ManutdGiggs: Aug 10 2014, 12:06 PM

Investment better stay realistic.

Dream & look for multi bagger? Not Malaysia.

Go try US @ China stock.

My plan is to go mid to long term on capital appreciation. Or give it to my son when he gets married (super long term).

Flipper market is gone with tighten loan disbursement n interest rate hike. Rental yield is also not encouraging , if break even is consider good, a little gain would be bonus.

Yah. Dream too big eventually may fall harder.

Anyway, this is a good development for rental.

Good thing is MRT directly to Bukit bintang. Like Toa Payoh to Orchard. Haha

Started to see pillars built in the middle of Jln Cheras with horizontal bars, located in front of Leisure Mall. This is the same construction for MRT station as seen in Tmn Pertama and Midah.

The 'n-shape' or 'pi-shape' structures built in front of EKC to swing the railway.

Yeah... Hope for the best, prepare for the worst!