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EMPORIS @ KOTA DAMANSARA [OWNERS' THREAD], The Next Era Kota Damansara Investment
sibeh hoseh
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Jun 11 2023, 09:49 AM
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Getting Started
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QUOTE(Babizz @ Jun 6 2023, 07:52 AM) Coliving concept. Ownstay buyers won't stay there. Good rental yield though. What is the end game if value of the property is not appreciating? Theoretically when the yield is good the value will improves. Guess the reality is investment properties which rely heavily on coliving have to go all the way with rental game? It seems like a 1 way ticket. 😅
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AskarPerang
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Jun 12 2023, 12:25 PM
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QUOTE(AskarPerang @ May 17 2023, 03:06 AM) And still got another 3 lelong units active in the market now: F-13-10, 893sqft duplex, reserve price 354,294. F-07-11, 602sqft duplex, reserve price 328K. B-23A-07, 807sqft, reserve price 530K. F-13-10, 893sqft duplex sold at 390K. Good catch?
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AskarPerang
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Jun 22 2023, 05:19 PM
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Another lelong unit sold today. Duplex 602sqft. Sold at 300K. Good catch?
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gooberhock
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Jun 23 2023, 10:19 AM
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That is correct. QUOTE(sibeh hoseh @ Jun 11 2023, 09:49 AM) What is the end game if value of the property is not appreciating? Theoretically when the yield is good the value will improves. Guess the reality is investment properties which rely heavily on coliving have to go all the way with rental game? It seems like a 1 way ticket. 😅
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gks
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Jun 23 2023, 02:19 PM
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This project has too many weak investors. Probably with multiple compression loans. All buy during the peak time. I remember there is a sifu rallying followers in social media to buy this project.
When the tide goes out, all of them found naked.
This post has been edited by gks: Jun 23 2023, 02:19 PM
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AskarPerang
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Aug 15 2023, 04:53 PM
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Another lelong unit sold just now. 807sqft From 540K. Attracted 2 bidders. Sold at 550K. Good catch?
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