After rebates , for smallest unit of 384sf
Very very conservative calculations
Target daily rental of Rm150
X30days
X70% occupancy ( industry average , but middle of town will be 80% and above)
Will get returns of Rm3150 Just enough to break even (loan+ Mantainance fee etc )
But if we go for KL Town Centre prices (theres still the year end super peak)
Rm150 x30days x80% thats Rm3600 , now thats better 👍
Mantainance +sinking fund is Rm0.77 psf !!!!
But after getting over the price tag shock , for small units , its Rm296pm
This post has been edited by JollyRogers: Oct 14 2016, 08:35 PM
Investment CEYLONZ SUITES @ BUKIT CEYLON [OWNERS' THREAD], Revival of St. John Woods project
Oct 14 2016, 08:25 PM
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