View for yourself: https://youtopiacoliving.com/emporisen/

My actual case:

SPA : RM 830,000 (929 sqft)
Installment (After discount & 70% loan) : RM 2,300
Maintenance + Electric + Water + Wifi : RM 700
Total Room Rental include parking : RM 2950

I just managed to break-even + managed to get 2xk cash back. Upon study and reviewed, seem I am not doing at best but consider ok... hoping for property price appreciate...

Add on renovation cost (Add partition, aircond, light fan, wardrobe) : Almost rm20k

This post has been edited by Sakurako: Jun 21 2021, 02:49 PM

WHo is your guru?

Why not rent a whole unit 2k/month (available in market), follow the plan yet need not pay maintainance fees, simply 1.5k monthly into ur pocket, get 10units duplicate the plan with 180k return anually, 5 years simply return with 900k.

Why buy a property for investment? Why dip yourself into deep shit loan? 5 years can get you 900k return which wouldnt happen for 1 unit purchase here. After 5 years return back to owner for repair and maintainance. Save another round cost.

Am i eligible arrange a guru talk and class now? Hehe..

Lol exactly !!

guru says property bull run coming ma.. you will miss out on the appreciation. now where do i sign up?

www.signup4roadto3minions.com

There u go 😎

i do signed up FAR but am not getting Emporis (Think developer offered 50 units only to FAR). At one time try luck walk-in and manage to get a loan rejected unit

Did you go for room rental? and hows the rate like lately?

Well good job to you. Glad you have the positive mindset to always improve yourself

So my question here is it RM350k for a 800 sq feet (dual key unit)?

or

double which is RM700k?


This post has been edited by e-lite: Jun 21 2021, 03:38 PM

what u say is true, at 1st planning to do so, but u need to have longer term contract, example 2 to 3 years, reno & furniture cost, might need to dismantle the partition when move out, and the hassle managing tenant. (Note i use 1.5 months to settle reno + almost 3 months to get all room rented out), so your risk include paying rental when no tenant...

so your formula is correct but depend on luck...

Realistic figure shall be as below but subject to what furniture and service... some give nicer ID and built-in wardrobe, some just get a 300 butt wardrobe for master bedroom. Some make the living room into 2 single room

Master room - RM 850 - 1300 (Some come with kitchen wardrobe and sink)
Middle room RM 650 - 850
Small room RM 450 - 550

Should be the later one... the psf should be around 650++ after discount (Is expensive vs nearby, but is cheap vs tropicana garden and giza, at your take...)

He meant dual key as 2 units lol

Hey guys, I wonder how's the parking in Emporis. Basement or upper floors ya? How many floors in total for the parking?

Tenant parking is at upper floor P4 to P9, Basement is for shopper, use t&g to pay. But u can subscript RM120/month.

This post has been edited by Sakurako: Jun 21 2021, 05:43 PM

This is not an healthy ROI to me. Im just cui sui sembang here. If i cut half 50% after reno and those? Still a good earn u couldnt get from 1 unit within 5 years.

I knew a guy hold 40 over units for airbnb business in 1 same building, all rent none is purchase, he simply cancel the tenancy when pandemic in, If you have time to handle those sublet is quite a decent earn.

But for long term Capital Appreciation as whole, not a good sign.

This post has been edited by SPHead: Jun 21 2021, 08:01 PM

On. Lowyat members discount rate pls. Haha

If this is true, then RM350k@ dual keys is playing words for marketing purpose. So can I buy one unit for rm175k?