Hi all, base on the article from theedgeproperty.com.my [http://www.theedgeproperty.com.my/content/beverly-group-extends-its-reach-kl-city-fringe]
"There will only be some 38 retail outlets below the serviced apartments, ensuring a sense of exclusivity and security for the residents, on top of ensuring a better take-up. These outlets will face the main road and are expected to be priced at an average of RM960 psf. Beverly Group is planning to provide guaranteed yield returns and leaseback agreements to its buyers, providing them with peace of mind as well as allowing it to control its tenant mix.
“Everybody knows commercial units are pretty hard to rent out in the first few years, and only start maturing after about three to four years,” says Tang. “So, for potential buyers, it’s perfect because even if they can’t rent out their units within these two to three [initial] years, we will still give them rental fees.”
When asked about the expected tenant mix, Tang says the group is currently looking at cafés, banks and possibly a supermarket as an anchor tenant for its commercial lots. “Catering for the homeowners’ needs is more important to us,” she adds. “So, we’re envisioning what the prospective buyers will enjoy where our commercial lots are concerned.”
Feel free to ask me question.
The "rental" that pay by developer already factor in the sale price.
Jan 3 2016, 09:49 PM
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