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Investment TR RESIDENCE @ JALAN TUN RAZAK [OWNERS' THREAD], The Awakening of the City Centre Begins

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mthc
post May 25 2017, 10:03 AM

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QUOTE(Fighterken @ May 25 2017, 07:56 AM)
Which bank offer the best financing rate for TR?
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All banks should hover around the same rate
mthc
post May 25 2017, 11:14 AM

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QUOTE(jinsailoo @ May 25 2017, 10:17 AM)
4.3% is current best rate
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Yup. Got 4.3%
mthc
post May 26 2017, 08:21 AM

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QUOTE(Late_Comer @ May 25 2017, 10:33 PM)
The R bank offered me 4.6% lei!
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I think the R bank parang you. You should nego bro
mthc
post May 26 2017, 10:42 AM

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QUOTE(Baru belajar @ May 26 2017, 10:14 AM)
Ermm me too 😅😅.
Yesterday i managed to book 753sft loan overload unit..hope have a chance to own it
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How much is your nett?
mthc
post May 26 2017, 10:43 AM

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QUOTE(chiahau @ May 26 2017, 10:22 AM)
4.6 is likely CAT 3 = Paling teruk punya but passable profile le.

CAT 2 = 4.3 but might need MRTA

CAT 1 = Apa pun boleh nego.

RHB is one of the most lenient banks d.... I got the highest loan from them. Public Bank what shit also don't want give me.
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Same. RHB by far the easy going bank.

Public Bank really 🙄
mthc
post May 26 2017, 10:58 AM

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QUOTE(bearbear @ May 26 2017, 10:55 AM)
well known PBB only want secure business
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Not good enough for them. 😞
mthc
post May 26 2017, 12:00 PM

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QUOTE(chiahau @ May 26 2017, 10:59 AM)
You big boss different le.

Ada RM to help apply and chase loan  biggrin.gif
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I had to nego for rate boss. Really.
mthc
post May 26 2017, 12:02 PM

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QUOTE(bearbear @ May 26 2017, 11:14 AM)
i cannot even get a basic CC from them.

But i heard they have a promo now for 4.1% (1st year) & 4.22% thereafter so will still try to apply.
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Omgggg 4.1%!! Wah boss I tell u this PBB damn strict. Ask this ask that end up no bird me
mthc
post May 26 2017, 12:56 PM

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QUOTE(Baru belajar @ May 26 2017, 12:54 PM)
Mine really expensive compare then yours 😅..
Nett RM570,680...is it ok?
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Drop out units also 570k now??
mthc
post May 26 2017, 01:02 PM

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QUOTE(Baru belajar @ May 26 2017, 01:00 PM)
Yeah..thats price the SA told me..
Level 32..south corner if not mistaken.
Anyone here have cheaper drop unit plz 😊
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Ohhh level 30 and above. No wonder la boss
mthc
post May 26 2017, 02:07 PM

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QUOTE(lckent1980 @ May 26 2017, 01:24 PM)
How come B 35 7 more lower price than other which same size?
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Middle unit vs corner unit. Corner unit way much more expensive yet no view as they have already changed the design.

jinsailoo boss can u confirm why middle units all way cheaper? Is there anything in particular or further changes in the floor plan of the level?
mthc
post May 26 2017, 08:49 PM

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QUOTE(TokCoc @ May 26 2017, 04:39 PM)
753sqft middle with pool view...
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Yes. Early birds got them
mthc
post May 27 2017, 05:06 PM

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QUOTE(chiahau @ May 27 2017, 05:04 PM)
laugh.gif

Ain't so rosy after all tongue.gif
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Boss you versted here also ah!?
mthc
post May 31 2017, 08:58 AM

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QUOTE(JustForCheonging @ May 31 2017, 12:52 AM)
I wanna ask u guys in future how much u guys predict that average rental would be roughly how much? I expect quite high rental yield to be honest once all units fully rented out and when market is picking up.

I am looking at at least RM2.5k and above for partially furnished 753psft unit.
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So optimistic? I think 5% might be doable for a FF unit (based early bird purchase price). And I don't think traditional renting the whole unit out will give you good yield here. Subletting or Airbnb will definitely get you more than 5% due to the connectivity and future commies.

Don't have crystal ball to predict. So yea.. at least you are doing something than just TCSS.
mthc
post May 31 2017, 09:15 AM

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QUOTE(JustForCheonging @ May 31 2017, 09:09 AM)
Im not doing traditional renting out whole unit here, wanna do room renting and airbnb prolly. I might have crystal ball here but i can see the advantages of the connectivity/accessibility to public transport will at least easily renting out my unit.

I have faith that this property can gradually go up to RM3k per mth or even more. Im going for long term (>10years)
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Haha boss. You really can cheong wey.. Got crystal ball some more. I will huat ah if what u cheong with your crystal ball is true. Lol!! May I know which unit you got and your nett price pls? Tq cheongster
mthc
post May 31 2017, 10:01 AM

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QUOTE(chiahau @ May 31 2017, 09:28 AM)
Lumi liddat can rent 4~5k liao.

Directly next to LRT3.

HUAT AH  biggrin.gif
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Yea bro! Need to borrow boss cheongster crystal ball and predict other projects too
mthc
post May 31 2017, 10:03 AM

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QUOTE(JustForCheonging @ May 31 2017, 09:22 AM)
Haha not boss la, if u purchased dy why u so persismistic on the rental yield? Amd why u chose this over so many good offer out there? Can share your thought on this property?

Just ordinary unit with 753psft above RM570k. Yeah im late to game.
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Boss.. because now got early bird syok sendiri paper gain of at least 100psf to tally late bird entry price. Rental can over 4.5% also happy already which would be around 2k a month including maintenance cost.

This post has been edited by mthc: May 31 2017, 10:03 AM
mthc
post May 31 2017, 10:21 AM

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QUOTE(chiahau @ May 31 2017, 10:11 AM)
sadly, my hutan property won't appreciate so fast  tongue.gif
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You try pm cheongster and see if hutan property got potential Appreciation rush or not.
mthc
post May 31 2017, 10:35 AM

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QUOTE(ondec @ May 31 2017, 10:25 AM)
yeah i have feel it will swing around 2.5k for fully furnished..im optimistic too since my other TOD portfolio able to yield min4% (basic furnished), most importantly, vr fast can get tenant, u can enjoy the feel to choose tenant, i could be lucky..and TR is even 300-600m closer to lrt/mrt compared to my other props

looking at TS 1ksf 3br fully furnished renting @ 2.3-2.5k up
Vue residence 730sf 2br fully furnished 2.3-2.5k
but both further down 100-200m from lrt, TR couldnt be a mistake..my only worry is the small built up, i do not have portfolio of 750sf with 3br, not sure tenant like the hk pigeon hole feel
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Very optimistic. But tenants certainly like new stuff. There are a few pages of argument in regards to preference for newer things vs older things. I guess we all know what the majority prefer even though there are one or two who argued that older developments are better. 😜
mthc
post May 31 2017, 12:25 PM

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QUOTE(Baru belajar @ May 31 2017, 10:54 AM)
can anyone help me..i get confuse now....one SA told me dropp off unit non bumi lot,bumi also can buy with bumi rebate....but another SA told me so funny can do like that..
anyone here have answer please?
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Better buy non bumi units. I realised all these bumi discounts are like candies at the start but diabetes in the end. Not too sure if our gov are helping or decaying the bumi ppl.

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