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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai

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lolwei
post Jan 15 2020, 10:05 AM

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QUOTE(scarypoolparty @ Jan 14 2020, 12:14 PM)
fact is fact...…….

your opinion on nation wide average is NOT A good indication of Airbnb capital city or its close fringe performance. Can you differentiate this??????
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Where exactly is the area of "Airbnb capital city or its close fringe"? Are you referring to KL only?

lolwei
post Jan 16 2020, 10:15 AM

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QUOTE(scarypoolparty @ Jan 15 2020, 02:34 PM)
KL cbd, outside cbd like Bangsar Damansara and etc......or PJU and alike.

I don't include Taiping, gua musang, kuala trengganu cherating batu pahat and the rest of Malaysia like Icey cheh…..
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I do agree that nationwide average is too big of a scope, but the counterargument would be that majority of listings in Airbnb are already from KL. Anyway no data to substantiate this claim so I will keep quiet first hehe.

Btw car theft rates have been reducing over the past few years according to PIAM i.e. the General Insurance association.


lolwei
post Jan 16 2020, 02:10 PM

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QUOTE(scarypoolparty @ Jan 16 2020, 11:16 AM)
do you know penang has many Airbnb apartments too? same with JB?

according to one youtuber, in penang, its lucky if you can rent out 7 days in a month, average just 3 days. of course this is just his observation.

but some clever text copied expert here using national average data to for quote and beat the rest of Airbnb with a broomstick. such a lazy but clever idea.
I am sure she will follow her statement to quote saying the cost of average hotel room is WAY cheaper than Airbnb and the rental rate is way better.

dun get me wrong. I am not in Airbnb biz and how Airbnb performed is not my concern, but if you want to forward your counter argument, I would prefer some solid backing and not just copied text and make your case.
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I dunno. Do you?

How many listings there are in Penang and JB (and other states) relative to KL? Is it:

A) 1:1?
B) 2:1?
C) 10:1?

If we assume the answer is A and the extreme assumption is that Non-KL has 0% occupancy rate[/U], then the maximum possible KL occupancy rate is 34%[U].

If the answer is B, then it's 51%.

Of course this is all assuming that the 17% nationwide average is accurate.

Like I keep saying, I actually dunno so I'm not making any conclusions. I'm just a stats lover. If vehicle stats then I ok lah. tongue.gif

This post has been edited by lolwei: Jan 16 2020, 03:11 PM
lolwei
post Jan 17 2020, 10:05 AM

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QUOTE(SongChiang @ Jan 16 2020, 06:20 PM)
like i said in previous post , this project has its merit, just that i am still waiting for the right entry price ( might not able to get to that price tho ).
else i would have moved away lol, why bother commenting in topic i am not interested in?

"The other pokok awan project is also not bad..."
stalker brows.gif
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I've been casually hunting for a property for my own stay and this is one of those in my list.

I'm actually quite a very suibian person when it comes to these defects as long as my life is not at risk and it's not happening inside my unit. Helps that my other half is also interested in this prop, even though I haven't show her this thread yet. devil.gif

I've dropped by the mall a couple of times quite recently and believe that the people will be there to stay, so it won't be those sort of shitty empty mall.

Who knew Village Grocer will be such a big draw. Many rich uncle and aunties in Cheras. laugh.gif

Will continue accumulating my resources for another year or two before making my decision.

P/S: Goes without saying the price must be right also. sweat.gif

This post has been edited by lolwei: Jan 17 2020, 10:05 AM

 

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