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Investment CEYLONZ SUITES @ BUKIT CEYLON [OWNERS' THREAD], Revival of St. John Woods project

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kbandito
post Jul 21 2017, 09:25 PM

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QUOTE(accetera @ Jul 21 2017, 05:56 PM)
Commercial suites that can become "AirBnB-enabled"
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a gay in an islamic country
how3303
post Aug 7 2017, 12:19 PM

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QUOTE(Lil'Maine @ Jun 4 2017, 05:44 PM)
Anybody wants to share referral fees? PM me smile.gif any exsim project also can
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Hi yes please pm thanks!
JohnnyC1949
post Sep 14 2017, 09:10 AM

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anyone know what is the latest package ?

QUOTE(how3303 @ Aug 7 2017, 12:19 PM)
Hi yes please pm thanks!
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propertybuddy
post Sep 14 2017, 11:34 AM

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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 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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+1
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1. Limited upsides at 1300psf, leasehold in many other freehold options area. Don't take new project pricing As benchmark, take transacted price of similar products in the same area to compare. Developer can sell At any price.
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2. Long term rental doesn't Even seen to be near breakeven
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3. Fully furnished units - generally we don't have good experience on rentals all the fully furnished or 80% furnishing development ourselves. Real experience.
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4. Limited target market. Lesser Alternative plan. Rental benchmark shouldn't be compared to short term rental rate to identify a good prop. Should be buying something which is more versatile. Student / middle working class local, expat and can do long term rental to cover installments with Airbnb/homestay/short stay as added bonus. If long term tenancy doesn't work, u have other alternative plan B, C, D to fall back. But if u leverage on Airbnb and the project RM250/day and occupancy rate, the fallback plan is too limited.
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There are safer yet higher potential capital gains out there.. why Ceylonz?

jesuck
post Sep 15 2017, 02:07 AM

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Anyone knows the latest package please PM me
chpiah
post Sep 18 2017, 05:10 PM

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QUOTE(jesuck @ Sep 15 2017, 02:07 AM)
Anyone knows the latest package please PM me
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Done
iiluv8boy
post Sep 19 2017, 10:49 AM

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is the unit partial furnish? does it still available? got free kitchen and aircon? how much? GOOD rebate offer by developer?
raniarose
post Oct 23 2017, 06:48 PM

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QUOTE(iiluv8boy @ Sep 19 2017, 10:49 AM)
is the unit partial furnish? does it still available? got free kitchen and aircon? how much? GOOD rebate offer by developer?
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Yes, Ceylonz Type A (dual key) with size of 578 sf still available. Owner can buy to manage it on your own, or outsource the tenancy to mykey (optional). If interested, please pm me for details. Thank you.
cutemoney
post Oct 29 2017, 11:30 PM

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i am wondering what if "my key" airbnb business not doing well as what they (the sales man) expected?
The Subsale will be difficult for such a small unit right?
Apache32
post Oct 30 2017, 12:24 AM

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QUOTE(raniarose @ Oct 23 2017, 06:48 PM)
Yes, Ceylonz Type A (dual key) with size of 578 sf still available. Owner can buy to manage it on your own, or outsource the tenancy to mykey (optional). If interested, please pm me for details. Thank you.
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How much?
Asali
post Oct 30 2017, 08:50 AM

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QUOTE(cutemoney @ Oct 29 2017, 11:30 PM)
i am wondering what if "my key" airbnb business not doing well as what they (the sales man) expected?
The Subsale will be difficult for such a small unit right?
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"MyKey" is a newly setup company if not wrong. "MyKey" exist is because of ??? I think we know.


Learjet35
post Oct 30 2017, 03:35 PM

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QUOTE(raniarose @ Oct 23 2017, 06:48 PM)
Yes, Ceylonz Type A (dual key) with size of 578 sf still available. Owner can buy to manage it on your own, or outsource the tenancy to mykey (optional). If interested, please pm me for details. Thank you.
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Pls pm thx
Bonescythe
post Oct 30 2017, 04:50 PM

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QUOTE(cutemoney @ Oct 29 2017, 11:30 PM)
i am wondering what if "my key" airbnb business not doing well as what they (the sales man) expected?
The Subsale will be difficult for such a small unit right?
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If do well,they say they are good lo

If no do well, buyer sendiri jiak sendiri lo...

For them is sure win.. for buyer is maybe win
cutemoney
post Oct 30 2017, 06:45 PM

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What you all think about for dual key concept?
It seem can only aim for short term rental, no resell market (cannot aim for capital appreciation).
But recently a lot project selling this kind of dual key unit.
Is a chance or is a risk/dead end, if buying this kind of unit?

This post has been edited by cutemoney: Oct 30 2017, 06:50 PM
innsean
post Oct 30 2017, 06:49 PM

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QUOTE(cutemoney @ Oct 30 2017, 06:45 PM)
What you all think for dual key concept?
It seem can only aim for short term rental, no resell market (cannot aim for capital appreciation).
But recently a lot project selling this kind of dual key unit.
Is a chance or is a risk/dead end, if buying this kind of unit?
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you are thinking of buying one ?
cutemoney
post Oct 30 2017, 06:52 PM

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QUOTE(innsean @ Oct 30 2017, 06:49 PM)
you are thinking of buying one ?
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I am need some brain storm and different view angle.
Agents point of view I am very clear now, just want to see what other investors thought.
lybsc
post Nov 4 2017, 04:50 PM

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QUOTE(cutemoney @ Oct 30 2017, 06:52 PM)
I am need some brain storm and different view angle.
Agents point of view I am very clear now, just want to see what other investors thought.
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Apparently, 4000 units (residential condo) will be built by one china developer next to it. dry.gif
Learjet35
post Nov 4 2017, 04:53 PM

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I own a dual key unit.what u want to ask?
propertybuddy
post Nov 4 2017, 07:37 PM

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QUOTE(cutemoney @ Oct 30 2017, 06:52 PM)
I am need some brain storm and different view angle.
Agents point of view I am very clear now, just want to see what other investors thought.
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1. Entry price - how much u enter? Is it fair market price or above market price?
2. Sustainability - how much you could rent?
3. Exit plan - how much upsides? 2 separate units (not necessary Ceylon) at lower absolute price can sell easier. So it’s good To identify why your buyer buy a dual key, higher price unit from u later
innsean
post Nov 4 2017, 11:53 PM

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how does one cope with
no car park for the unit..

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