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Investment PAR 3 CONDOMINIUM & VILLA @ IOI RESORT CITY, The Homes That Breathe

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Aaron212
post Apr 18 2023, 07:24 PM

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QUOTE(zaniel @ Apr 18 2023, 01:49 PM)
Went to IOI City Mall that day and noticed this condo. Look quite nice, but it seems quite empty. Any owner to share their experience? Thread here also not active. So dead this area? See Connezion there like quite lively?
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Ioi mall packed to the top with people every weekends

But many are from far areas

If u buy this condo next to ioi mall whats ur plan, own stay or rental?

Here lots of agent will gladly help u
Aaron212
post Apr 18 2023, 08:39 PM

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QUOTE(zaniel @ Apr 18 2023, 04:27 PM)
From the website, the view looks stunning, facing the golf course. That time I went was night time and it seems many units are not lighted up. Probably the occupancy seems still very low, as the condo was completed back in 2019, which make me a bit hesitate, if I overlooked something?

Planning for own stay
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For own stay we cant comment much as its where u feel is comfortable to u
Aaron212
post Apr 18 2023, 09:06 PM

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QUOTE(zaniel @ Apr 18 2023, 04:50 PM)
Ohh.. lol. I must be greedy then. Planning for own stay meanwhile hoping it still good for rental, in case I am moving to other place. Really wondering why the occupancy is so low, considering the location and accessibility. Probably something I have overlooked and hopefully owner or someone familiar with this area could share your insight
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Who will be ur target tenants?
Aaron212
post Apr 19 2023, 08:24 AM

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QUOTE(zaniel @ Apr 19 2023, 04:21 AM)
If you ask me, I see there are few commercial office blocks right beside IOI city mall. And I can see there are universities and hospitals nearby, and all these office executives, lecturers and doctors could be potential tenants?
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U think UPM lecturers will spend 2.5k rent ur unit there?
Aaron212
post Apr 19 2023, 09:21 AM

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QUOTE(zaniel @ Apr 19 2023, 04:49 AM)
Probably while they are settling down? Lol. Am I attending an interview session or what. With all these questions
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Seems u already firmly believe it will be a good investment

Can go ahead caz u adi done ur own due deligence so if success or fail u have nobody to blame
Aaron212
post Apr 19 2023, 10:09 AM

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QUOTE(zaniel @ Apr 19 2023, 05:24 AM)
Lol. No.. that’s why I come here and ask if I have overlooked something. But it seems it is quite hostile here. It’s alright. Thanks for throwing the questions.
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Based on your que n replies I sense u are quite weak in analysing

For investment 1 property like this can burn u if it doesnt turn out the way u wanted

Maybe U already have many props under ur belt then i might be very wrong in my own views

For own stay tho its different

Good view with plenty of greeneries for own stay
Aaron212
post Apr 19 2023, 12:38 PM

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QUOTE(zaniel @ Apr 19 2023, 06:59 AM)
Yes. sir. This is going to be my first property, that's why you can feel my question and replies is weak when talking about the target tenant as I can just answer like a noobies. So this is the reason I come and seek more inputs, particularly those who are more experienced or familiar with this area or property.

Thanks for your input Sir.
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I see

Any other areas u looking at? I think for first property u have to look into proven locations with high demands

Dont need to be high end luxury condo for investment

As long as rental is good n cover at least 80% of monthly installment to me is good

Even cheap low cost flat in right location giving better roi than condos

 

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