mykey is a package from developer or the service provider name?
Investment CEYLONZ SUITES @ BUKIT CEYLON [OWNERS' THREAD], Revival of St. John Woods project
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 Jun 15 2017, 11:59 AM
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368 posts Joined: Apr 2009 
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Jun 15 2017, 02:35 PM
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225 posts Joined: Dec 2008
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QUOTE(celinek @ Jun 15 2017, 11:59 AM) mykey is a package from developer or the service provider name? As far as i knew, Mykey is the appointed company who will manage the renting services...Mykey is one of the subsidary of IQI |
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Jun 15 2017, 05:43 PM
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#303
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34 posts Joined: Dec 2009 
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This project looks promising. once a lifetime to to owns a property beside the palace
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Jun 16 2017, 08:17 AM
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225 posts Joined: Dec 2008
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QUOTE(chani @ Jun 15 2017, 05:43 PM) This project looks promising. once a lifetime to to owns a property beside the palace yah....looks good...But the key is we have to know how good is "Mykey"....as far as I knew, this will be their first project as the service provider (Airbnb)...just my 2 cents |
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Jun 16 2017, 08:28 AM
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1,680 posts Joined: Oct 2012
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QUOTE(chani @ Jun 15 2017, 05:43 PM) This project looks promising. once a lifetime to to owns a property beside the palace You shud have taken all then.  This post has been edited by Asali: Jun 16 2017, 10:16 AM |
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Jun 16 2017, 09:25 AM
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368 posts Joined: Apr 2009
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QUOTE(sheong80 @ Jun 16 2017, 08:17 AM) yah....looks good... It could not be good for some investor and out of owner's control. I will avoid. But the key is we have to know how good is "Mykey"....as far as I knew, this will be their first project as the service provider (Airbnb)...just my 2 cents |
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Jun 17 2017, 01:38 AM
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12 posts Joined: May 2017
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i am wondering who will buy this project @ RM1300psf & leasehold while the development opposite (Suasana Bukit Ceylon) is selling at subsale price Rm1000psf & FREEHOLD！！！
If there is a market to do Airbnb in the area, why dont buy a unit Suasana to start your airbnb business immediately? Rather than wait for 4 years for uncertain outcome. |
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Jun 17 2017, 01:07 PM
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944 posts Joined: Feb 2005
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QUOTE(Propmania @ Jun 17 2017, 01:38 AM) i am wondering who will buy this project @ RM1300psf & leasehold while the development opposite (Suasana Bukit Ceylon) is selling at subsale price Rm1000psf & FREEHOLD！！！ Yeah suasana Ceylon comes with landslides history as freebies too lol. Are you compare apple to apple ? Design , concept wiseIf there is a market to do Airbnb in the area, why dont buy a unit Suasana to start your airbnb business immediately? Rather than wait for 4 years for uncertain outcome. |
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Jun 17 2017, 01:19 PM
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12 posts Joined: May 2017
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QUOTE(calvin989898 @ Jun 17 2017, 01:07 PM) Yeah suasana Ceylon comes with landslides history as freebies too lol. Are you compare apple to apple ? Design , concept wise Sources said some retention wall technology has been imposed on Suasana to avoid landslide. You can see the retention wall is different from the carpark. You may compare with others like 6ceylon or laman Ceylon, Ceylonz is still overpriced in the location with disadvantage on tenure regardless of design & layout. |
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Jun 20 2017, 06:26 PM
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14 posts Joined: May 2017
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I received MSG from agent that offered 5 years GRR on this project...is this valid?
Normally what is the GRR % rate in this area? Thanks for sharing. |
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Jun 21 2017, 11:07 AM
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Newbie
1 posts Joined: Jun 2017
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QUOTE(Lil'Maine @ Jun 4 2017, 05:44 PM) Anybody wants to share referral fees? PM me Yes please pm me, thanks any exsim project also can |
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Jun 21 2017, 01:04 PM
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Senior Member
1,680 posts Joined: Oct 2012
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QUOTE(Propmania @ Jun 17 2017, 01:19 PM) Sources said some retention wall technology has been imposed on Suasana to avoid landslide. You can see the retention wall is different from the carpark. Agreed.You may compare with others like 6ceylon or laman Ceylon, Ceylonz is still overpriced in the location with disadvantage on tenure regardless of design & layout. |
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Jul 1 2017, 04:08 PM
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86 posts Joined: Nov 2010
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QUOTE(Asali @ Jun 14 2017, 08:32 PM) You're right is 3% per annual. Really got ppls wanna buy in to this project for 3% rental yield? This post has been edited by BuySellRentCondo: Jul 2 2017, 08:59 PM |
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Jul 1 2017, 04:13 PM
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Junior Member
86 posts Joined: Nov 2010
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QUOTE(Propmania @ Jun 17 2017, 01:38 AM) i am wondering who will buy this project @ RM1300psf & leasehold while the development opposite (Suasana Bukit Ceylon) is selling at subsale price Rm1000psf & FREEHOLD！！！ if you is 1st hand buyer for Suasana, you are earning Big Money now. but for subsale unit in Suasana, you sure still want to buy it? If there is a market to do Airbnb in the area, why dont buy a unit Suasana to start your airbnb business immediately? Rather than wait for 4 years for uncertain outcome. and please check whats the unit size for Suasana, there are bigger unit size. there hv some unit selling RM 858sqft as well, with 1281sqft , Selling RM 1,100,000 whoever missed out Suasana few years ago, they may regret now~ same case to Ceylonz |
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Jul 2 2017, 12:26 AM
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Senior Member
1,680 posts Joined: Oct 2012
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QUOTE(BuySellRentCondo @ Jul 1 2017, 04:08 PM) actually is GRR 3% + profit (not guarantee) = >6% as result Thanks for sharing. You forget to includes maintenance fee and sinking fund. I am not interested. Good Luck!example : (below for reference only) RM 250 per day rental Renting 20days (as Malaysia Hotel & Tourism analsys, average occupancy are 69%) Total Monthly Rental : RM 5,000 per month GRR 3% of nett price : RM 1,400 per month (you will get) Gross Profit Sharing : RM 5,000 - 1,400 = RM3,600 - utilities bill RM 320 = RM3,280 Nett profit sharing 60% of Gross : RM1,968 (you will get) You will get this : RM 1,400 + 1,920 = RM3,368 R.O.I : >6% your bank loan perhaps : RM 3,200 your profit : RM 150-250 (depends spa price n loan) nett into your pocket i have other 2 options for you to get RM8,000-10,000 per month, R.O.I >9-11% Please PM me for more details we can discuss for this project... |
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Jul 19 2017, 12:02 PM
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Senior Member
859 posts Joined: May 2009
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411 sqf fully sold, 384 sqf left 12 units, 578 sqf dual key left 66 units. If interested PM me.
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Jul 21 2017, 10:46 AM
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Senior Member
859 posts Joined: May 2009
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few low floor 384 sqf just release who interested pm me.
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Jul 21 2017, 12:58 PM
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Senior Member
1,184 posts Joined: May 2005
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Actually what are you all buying? Office of HDA-compliant serviced apartment?
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Jul 21 2017, 05:56 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(kbandito @ Jul 21 2017, 12:58 PM) Actually what are you all buying? Office of HDA-compliant serviced apartment? Commercial suites that can become "AirBnB-enabled" |
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Jul 21 2017, 06:13 PM
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Senior Member
859 posts Joined: May 2009
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We do have a talk about the GRR scheme on this Sunday 2pm in the showroom. If you are interested to know more please register with me.
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