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Investment THE ROBERTSON @ BUKIT BINTANG (Ver 2) [OT], A prestigious mixed dev by Gamuda Land
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Vector88
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Mar 10 2018, 11:40 PM
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QUOTE(BEANCOUNTER @ Mar 5 2018, 03:54 PM) How many expats or locals are desperately wanting to rent 1bedder or studio for 1yr or longer? Everybody seems to be jumping onto the bandwagon of small units. Ended up with airbnb operators is just the end game. From what I observed, 1 bedder demand is pretty strong not just in Malaysia, but in overseas as well. Especially in the city close to the workplace .. Human nowadays are becoming more self-centered, unfortunately, most of the time glued to the gadgets, less interaction between humans face to face ... Privacy is another factor pushing many young couples or single to rent 1 bedder or studio close to their workplace ...
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Vector88
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Mar 11 2018, 12:10 AM
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QUOTE(BEANCOUNTER @ Mar 11 2018, 12:05 AM) We malaysins society wise hasnt come to the stage of singleton yet. Maybe another 20yrs but not in the next 5 yrs. Rich young single professional or bizmen not too many. Not just that, there is an increasing trend in MY that locals prefer to stay in 1bedder or studio when they are not married (couples, few years after graduate). I can vouch for that because for my 1 bedder, I have been renting to >5 different locals for the past few years, there is demand in this segment. This post has been edited by Vector88: Mar 11 2018, 12:12 AM
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Vector88
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Mar 11 2018, 12:19 AM
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QUOTE(BEANCOUNTER @ Mar 11 2018, 12:16 AM) U talk abt same grade property as robertson? If yes then i am really out of toucb jor (no pun intended). not robertson, lower grade than robertson... rental is sub-2k Mine observation is studio/1bedder's rental between 1-2k is the most liquid, as they are supported by local demand as well (on top of demand from mid-ranged budget expats) This post has been edited by Vector88: Mar 11 2018, 12:22 AM
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Vector88
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Mar 11 2018, 12:25 AM
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QUOTE(BEANCOUNTER @ Mar 11 2018, 12:23 AM) Sigh of relief.... Can share if these coupling usually stay for one year tern or extended their rent beyond 2 yrs? And anyone of them bought the unit from you in the end? usually stay 1 year, some 2 years. None bought the unit, I am still renting it out with minimal idle period (<1 month) between tenants
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Vector88
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Mar 11 2018, 12:28 AM
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QUOTE(BEANCOUNTER @ Mar 11 2018, 12:26 AM) I agree that 1bed 2 bed very liquid in this segment....for rent.... For subsales, i think not that easy It depends ... It can be quite appealing to investors who are into rental game. I sold one studio in the city quite easily last year, matched my asking price. The buyer is an investor as well.
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