QUOTE(Jagalat @ Jul 27 2015, 10:59 AM)
Thanks for the article...
:
Property Exchange’s Hum says rents for condominiums in Cheras are currently between RM2 psf and RM3 psf for a fully furnished unit. Older condos such as Warisan City View are going for about RM2 psf, while newer and higher-end developments such as Amaya Maluri are going for RM2.60 psf to RM2.80 psf.
“A fully furnished condo unit within an integrated development stands to fetch a higher rental of RM3 psf onwards. Overall, rental demand in Cheras is strong in view of its close proximity to KL city centre and relatively low rental rates.”
The edgeproperty.com analytics show that rental yields in Cheras are good, with many developments reaping a yield of 5% and above due to reasonable capital values.
:
Using the above statement of max RM3psf rental for current situation, a low floor 762sf duplex 500k (price tag) will yield
3psf*762sf*12months / 500000 = 5.5%
It is meeting 5% spelt above.
LAD 8% lagi syok?
i dount it.:
Property Exchange’s Hum says rents for condominiums in Cheras are currently between RM2 psf and RM3 psf for a fully furnished unit. Older condos such as Warisan City View are going for about RM2 psf, while newer and higher-end developments such as Amaya Maluri are going for RM2.60 psf to RM2.80 psf.
“A fully furnished condo unit within an integrated development stands to fetch a higher rental of RM3 psf onwards. Overall, rental demand in Cheras is strong in view of its close proximity to KL city centre and relatively low rental rates.”
The edgeproperty.com analytics show that rental yields in Cheras are good, with many developments reaping a yield of 5% and above due to reasonable capital values.
:
Using the above statement of max RM3psf rental for current situation, a low floor 762sf duplex 500k (price tag) will yield
3psf*762sf*12months / 500000 = 5.5%
It is meeting 5% spelt above.
LAD 8% lagi syok?
the condo behind Ecocheras is only renting around RM 1500 for 1165 sqft unit, that works out about RM 1.28 psf, which not even half of what was compared.