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Investment THE ROBERTSON @ BUKIT BINTANG (Ver 2) [OT], A prestigious mixed dev by Gamuda Land

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LoTek
post Feb 8 2018, 10:52 PM

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No wow factor, except the price.
LoTek
post Feb 28 2018, 09:39 PM

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QUOTE(tikaram @ Feb 28 2018, 05:04 PM)
i want to know what is the risk of renting out to airbnn?

my other fully furnished unit  so many agent called  said the airbnb interested.  6th called actually
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high risk is worth with high returns
LoTek
post Mar 6 2018, 08:56 AM

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QUOTE(BEANCOUNTER @ Mar 5 2018, 10:45 PM)
Like tis also need to do research?

Robertson equal hilton??????

U think US executive on biz visiting kul will stay at robertson instead of hilton?

I will be very upset if i am on biz trip and co put me up on robertson. Day day breakfast lunch n dinner i need to hunt for them.
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the amount of us executives visiting on business trips pales greatly in comparison to tourists on leisure. airbnb hotspots like ceylon cendana regalia sultan ismail etc doing extremely well.
LoTek
post Mar 11 2018, 12:34 AM

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QUOTE(BEANCOUNTER @ Mar 11 2018, 12:29 AM)
I guess different investors have different strategy.

Mine is flip or subsale. Rent is my least favour bcos local tenancy law flavour tenant more than landlord.

Unless proven 1bed or studio is as liquid as other forn of abode, tis segment is not my cup of kopj.

But better this way....so that not every tom dick hairy investorz also jump into this bandwagon.
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but nowadays gone are the days of flipping. while holding, surely rather rent than leave empty? unless bean boss is so loaded of course...
LoTek
post May 14 2019, 03:34 PM

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QUOTE(Bjorn1688 @ May 14 2019, 03:13 PM)
Actually this type of property investments is almost the same as money game/forex/share scams.

Designed for lazy people that most likely don't have money to invest but want to play property.

It's laughable so many are hoodwinked into thinking this is a good investment when it stinks worse than a bucket of rotten herring.

I mean seriously buying a pigeon hole development? Then outsourcing it to a airbnb management company to run it? If that is not laziness then I don't know what is.
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But boss i did that, with good results icon_rolleyes.gif
LoTek
post May 14 2019, 05:29 PM

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QUOTE(BEANCOUNTER @ May 14 2019, 04:08 PM)
Maybe you are the minority.

From people i spoke with randomly, none of them make good money, and none of them recommend me to do the same...

I also presumed running airbnb is the last resort

Flip tak jadi
Rent tak jadi
Then airbnb loh....

Airbnb is not sustainable in longer term. Sooner homeowners there will make noise and will use agm to ban airbnb
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QUOTE(Bjorn1688 @ May 14 2019, 04:25 PM)
Can share which project?

What's the yields like and is it for first few years only?
AirBNB not easy to make money these days even if it is a KLCC location. Takes too damn much time.
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bought subsale summer suites at 515k, reno and furnish very nicely myself for 15k, terus to airbnb getting 1.9-2.5k (i myself use the units maybe 3-5days a month and my operator charges damn high percentage actually),but now face suites phase 2 is building right in front of my face so changed to normal tenancy 2+k for a year or so first to be safe.
LoTek
post May 14 2019, 05:29 PM

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And i presume early buyers profitting much more
LoTek
post May 14 2019, 07:06 PM

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QUOTE(gks @ May 14 2019, 06:00 PM)
SS is isolated case for prolific Airbnb operation. Many operators including Subhome made their millions there.
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Friend who owns nadi profitting well from airbnb too
LoTek
post May 14 2019, 08:25 PM

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QUOTE(Bjorn1688 @ May 14 2019, 07:07 PM)
He using agent or doing it himself?
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operator also

 

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