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Investment BUKIT JALIL CITY | AURORA | REV.O | PARK SKY (V2), The Commercial Hub for Bukit Jalil

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rsquared
post Jan 2 2016, 01:53 PM

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QUOTE(PeriPeri2014 @ Jan 2 2016, 08:19 AM)
Better be fast VP....
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rsquared
post Jan 3 2016, 01:09 AM

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QUOTE(FeeD @ Jan 1 2016, 09:58 PM)
means you are suggesting me to take this?
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I'm only suggesting that perhaps you analyze a bit.

For example, you mentioned earlier that "At first thiught next to pavilion nice la." It's actually more than "nice" 😊

The implications of Revo being next to Pavilion are, among others:

1. Revo will have 2,100,000 sf of prime facilities at its doorstep, available from 10am-10pm, 365 days/year. These facilities are largely on a "pay per use" basis and some are absolutely free.

2. Come rain or shine (even if sh*t hits the fan), one can take comfort in the fact that Revo is next to a branded regional mall, which ensures that Revo's price will be well supported, come what may. As they say, take care of the downside and the upside will take care of itself. A bit like having an insurance policy.

Don't think there is any recent freehold project that can boast the above features for RM350K+.
BEANCOUNTER
post Jan 3 2016, 11:10 AM

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the only question for Revo is

What can you do with 350sq of squarish space???????

Short term stay and treated it like hotel suites.......yes nice......shit and sleep....no problem....

Long term stay???? you go crazy inside a 350sq room.........

despite the insurance outside.....

This post has been edited by BEANCOUNTER: Jan 3 2016, 11:11 AM
gks
post Jan 3 2016, 02:39 PM

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QUOTE(BEANCOUNTER @ Jan 3 2016, 11:10 AM)
the only question for Revo is

What can you do with 350sq of squarish space???????

Short term stay and treated it like hotel suites.......yes nice......shit and sleep....no problem....

Long term stay???? you go crazy inside a 350sq room.........

despite the insurance outside.....
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Not saying compact space will replace conventional stay such as 3 bedrooms apartment or link house, SMD or Bungalow... For dwellers who need space they will always go for spacious properties... However it seems that there is a new trend of the generation just need small space that is manageable and meet their basic requirement such as sleep, rest, shower etc.... For entertaining, eat, meeting etc, they will just have on the commercial which located next door or the doorstep.

Chris Chew
post Jan 3 2016, 04:47 PM

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QUOTE(BEANCOUNTER @ Jan 2 2016, 10:48 AM)
difficult to sell under 400sq SOVO/studio?

perhaps you need to talk to the original buyers of empire damansara....see if they really agreed.........

they probably kicking their guts for investing only one unit for themselves......
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Boss, I not sure if I am wrong, from what I know of Empire Damansara was SOHO or studio that allowed for own residential usage, therefore the rental kicking quite good due to smaller space and absolute price back then upon launching was quite cheap.

I not sure if there is any SOVO or SOFO project that has been completed with performance to see the yield.

Sorry to all that I am a bit skeptical about the term of SOVO or SOFO bcz under Office term but I am well received of SOHO / Studio for residential usage.

BEANCOUNTER
post Jan 3 2016, 07:28 PM

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QUOTE(Chris Chew @ Jan 3 2016, 04:47 PM)
Boss, I not sure if I am wrong, from what I know of Empire Damansara was SOHO or studio that allowed for own residential usage, therefore the rental kicking quite good due to smaller space and absolute price back then upon launching was quite cheap.

I not sure if there is any SOVO or SOFO project that has been completed with performance to see the yield.

Sorry to all that I am a bit skeptical about the term of SOVO or SOFO bcz under Office term but I am well received of SOHO / Studio for residential usage.
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Empire damansara is sofo/sovo....
The so called soho block by name nia....in essense they are all commercial office suites...

Summer suites
My place cyberjaya
All these sovo/fo vped lioa......next one is zeva

This post has been edited by BEANCOUNTER: Jan 3 2016, 07:30 PM
rsquared
post Jan 4 2016, 12:09 AM

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QUOTE(BEANCOUNTER @ Jan 3 2016, 11:10 AM)
the only question for Revo is

What can you do with 350sq of squarish space???????

Short term stay and treated it like hotel suites.......yes nice......shit and sleep....no problem....

Long term stay???? you go crazy inside a 350sq room.........

despite the insurance outside.....
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Majority of the Revo units are 384sf.

Many young working adults rent rooms in link houses/condos nearby their workplaces. A typical room in a standard link house is definitely less than 384sf. Likewise, tenants at Empire Damansara's studio units also seem to be doing ok.

You need to put yourself in the shoes of your prospects, not impose your own perceptions and prejudices on what's suitable and what isn't, unless u r buying Revo for own use......

jorgsacul
post Jan 4 2016, 12:31 AM

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Many can do in small size studio. Those stay in Japan, Korea, London , Paris or other big cities know this.
BEANCOUNTER
post Jan 4 2016, 07:09 AM

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QUOTE(rsquared @ Jan 4 2016, 12:09 AM)
You need to put yourself in the shoes of your prospects, not impose your own perceptions and prejudices on what's suitable and what isn't, unless u r buying Revo for own use......
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I tend to see myself in my investment properties.....if I cant live in such place, I dun expect my tenant will.

I know in reality many investors made good money on smaller than pigeon hole apartments.....but I dun wish to be part of it.
BEANCOUNTER
post Jan 4 2016, 07:12 AM

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QUOTE(jorgsacul @ Jan 4 2016, 12:31 AM)
Many can do in small size studio. Those stay in Japan, Korea, London , Paris or other big cities know this.
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you must know how big are those big cities we talked about.....

Tokyo, London and Paris - what are their population? 20/30mil population?

KL? 2 or 3mil? Do we need to live in under 400sq room for the rest of your life? bcos of what? We wanna embrace the lifestyle of a Londoner or Tokyo person?

PeriPeri2014
post Jan 4 2016, 07:22 AM

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Currently i rent a 200sft small room in KL smile.gif
BEANCOUNTER
post Jan 4 2016, 07:25 AM

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QUOTE(PeriPeri2014 @ Jan 4 2016, 07:22 AM)
Currently i rent a 200sft small room in KL smile.gif
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do you intend to stay in a rented room for the rest of your life?
gks
post Jan 4 2016, 10:00 AM

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QUOTE(BEANCOUNTER @ Jan 4 2016, 07:12 AM)
you must know how big are those big cities we talked about.....

Tokyo, London and Paris - what are their population? 20/30mil population?

KL? 2 or 3mil? Do we need to live in under 400sq room for the rest of your life? bcos of what? We wanna embrace the lifestyle of a Londoner or Tokyo person?
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I think we need to establish one fact.... everyone desire to own a larger space called home... either when future upgrade, as single, marriage or build a family.

However, to climb a property ladder anyone need to start from somewhere. By budget, location etc. With RM300k, you cannot even get dsl house in Semenyih now. The way i look at it this product, if for own usage (of course if you can accept the concept, suit your lifestyle etc) you can use it for next 3-5 years until you build sufficient equity for your next purchase.

for investors, normally this product is very liquid for rental and common to be rented out within a month or two after fitted up.

Another one good thing about this property is after your move on, the product is pretty liquid for rental as most of the time it is next to major commercial, in good location, access and amenities.

BEANCOUNTER
post Jan 4 2016, 10:08 AM

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QUOTE(gks @ Jan 4 2016, 10:00 AM)
I think we need to establish one fact.... everyone desire to own a larger space called home... either when future upgrade, as single, marriage or build a family.

However, to climb a property ladder anyone need to start from somewhere. By budget, location etc. With RM300k, you cannot even get dsl house in Semenyih now. The way i look at it this product, if for own usage (of course if you can accept the concept, suit your lifestyle etc) you can use it for next 3-5 years until you build sufficient equity for your next purchase.

for investors, normally this product is very liquid for rental and common to be rented out within a month or two after fitted up.

Another one good thing about this property is after your move on, the product is pretty liquid for rental as most of the time it is next to major commercial, in good location, access and amenities.
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yes for investors......for rental purposes.......yes.......you can find tenant that will stay in such small space for shorter period......

but for long term....how? unless you keep for rental...for the rest of your life.....

subsales? unless your unit can yield good returns....then you might be able to off load your unit.......

For example....Summer suites.....I have yet to come across anyone buying for own stay (new or subsales)......all the buyers I know bought for rental purposes......

GKS.....from what I learn here.....ppl that dun mind small spaces...usually just rent a room lah tongue.gif why buy a small space for yourself biggrin.gif laugh.gif
gks
post Jan 4 2016, 10:15 AM

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QUOTE(BEANCOUNTER @ Jan 4 2016, 10:08 AM)
yes for investors......for rental purposes.......yes.......you can find tenant that will stay in such small space for shorter period......

but for long term....how? unless you keep for rental...for the rest of your life.....

subsales? unless your unit can yield good returns....then you might be able to off load your unit.......

For example....Summer suites.....I have yet to come across anyone buying for own stay (new or subsales)......all the buyers I know bought for rental purposes......

GKS.....from what I learn here.....ppl that dun mind small spaces...usually just rent a room lah tongue.gif why buy a small space for yourself biggrin.gif  laugh.gif
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Property Investment is for long term. either own stay or rental. Obviously past few years have been kind to flippers and many of them make good money and some of them are accidental flippers.

Either short or long period, normally this product the liquidity is high due to location and affordability. No point having a product where it take ages to be rented out. Obviously a setback is it is not attractive of own stayers who are looking for long term stay and space. it depends on the appetite and risk profile of the investors. You can buy a link, SMD or Bglw as investment but it take ages to sell or rented out.

Btw one of my frend sold his Empire Damansara 363sf studio to own stayer. There are market out there if you do not put yourself on the own shoes.... brows.gif
BEANCOUNTER
post Jan 4 2016, 10:20 AM

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QUOTE(gks @ Jan 4 2016, 10:15 AM)
Btw one of my frend sold his Empire Damansara 363sf studio to own stayer. There are market out there if you do not put yourself on the own shoes....  brows.gif
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I always wear my own shoes when comes to property investing...

therefore I can conclude that this type of dwelling is not for me.......

I have no objection for investors/ownstayers for such configuration.
gks
post Jan 4 2016, 10:21 AM

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QUOTE(BEANCOUNTER @ Jan 4 2016, 10:20 AM)
I always wear my own shoes when comes to property investing...

therefore I can conclude that this type of dwelling is not for me.......

I have no objection for investors/ownstayers for such configuration.
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True, each investor has their own risk/gain profile

PeriPeri2014
post Jan 4 2016, 05:11 PM

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QUOTE(BEANCOUNTER @ Jan 4 2016, 07:25 AM)
do you intend to stay in a rented room for the rest of your life?
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Err.....


Cocoon
post Jan 4 2016, 05:21 PM

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QUOTE(BEANCOUNTER @ Jan 4 2016, 07:12 AM)
you must know how big are those big cities we talked about.....

Tokyo, London and Paris - what are their population? 20/30mil population?

KL? 2 or 3mil? Do we need to live in under 400sq room for the rest of your life? bcos of what? We wanna embrace the lifestyle of a Londoner or Tokyo person?
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i like this comment. Yes in HK 400sf can fit whole family in.

But we are in KL. Buyer should opt for better space for you and your family. Those in Tokyo or HK are unhealthy.


rsquared
post Jan 4 2016, 08:23 PM

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QUOTE(Cocoon @ Jan 4 2016, 05:21 PM)
i like this comment. Yes in HK 400sf can fit whole family in.

But we are in KL. Buyer should opt for better space for you and your family. Those in Tokyo or HK are unhealthy.
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1500sf condo for a small family ok?

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