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Investment RESIDENSI PV 9 | VISTA WIRAJAYA 1 AND 2 [RUMAWIP], PVictory aims to be major developer

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Takuro82
post Jan 20 2016, 06:14 PM

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QUOTE(cutealex @ Jan 20 2016, 04:45 PM)
Do you know that now Setapak and along Jln Genting Klang lot of new condo development? Could be over-supply?
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Ya. I not really can recognized the road and the area already. And the whole area rather new for me even I lived at that area for 4 years back to 10+ years ago.

I wonder how is the rental of others development?

As I know, a lot Tarcian will continue to stay at Setapak and Wangsa Maju after graduate to look for job around KL area.
The LRT station at Wangsa Maju is one of the busiest LRT I think.


cutealex
post Jan 20 2016, 06:37 PM

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QUOTE(Takuro82 @ Jan 20 2016, 06:14 PM)
Ya. I not really can recognized the road and the area already. And the whole area rather new for me even I lived at that area for 4 years back to 10+ years ago.

I wonder how is the rental of others development?

As I know, a lot Tarcian will continue to stay at Setapak and Wangsa Maju after graduate to look for job around KL area.
The LRT station at Wangsa Maju is one of the busiest LRT I think.
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uncountable new development in setapak areas. not good for rental yield.
Prop.Observer
post Jan 20 2016, 06:42 PM

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Another buy buy buy project. rclxms.gif

SUSjolokia
post Jan 20 2016, 07:26 PM

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QUOTE(cutealex @ Jan 20 2016, 06:37 PM)
uncountable new development in setapak areas. not good for rental yield.
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Over supplied is a unfamiliar work for this area, Under supplied is more like it.

As some students a bit reluctant to stay in aging & run down unit & this is walking distance, definitely have advantage over other.
oxm8
post Jan 20 2016, 09:21 PM

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Walking distance to LRT Tmn Melati!
BBB again!
Tavia88
post Jan 23 2016, 11:38 PM

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Any soft Launching??
Aurora
post Jan 24 2016, 02:47 AM

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This place doesn't have much choice for food and grocery. If students don't have transport, staying here will be quite troublesome. TARC do offer rides from around that area to TARC, transport isn't really the deal breaker here.

The road is small, parking will be another issue.

Anyway, the location is really strategic, compare to the many condos along jalan genting klang. Rental is almost certain, students want cheap and new. Wherever there is newly completed condo, they will move there in groups.

I'll say this place has prospect for rental, but not so sure on appreciation. Where there are students, families will likely avoid, going for less dense area. Young working adults or fresh grad might be interested, but there are lots more flat around that area going for really cheap rent and just opposite tmn melati lrt.

This post has been edited by Aurora: Jan 24 2016, 02:54 AM
hian1989
post Jan 24 2016, 02:59 AM

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Anyone know the project selling price?prelaunch project?
cannible
post Jan 24 2016, 08:28 AM

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Is it right when i was told tarc is shifting eventually?
Takuro82
post Jan 24 2016, 10:23 AM

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I think unlikely TARC will shift.. TARC is one of the key driver for Setapak wangsa maju there.. I think most will agree.
bearbear
post Jan 24 2016, 10:59 PM

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ex-TARCian here, this would be ideal for me cause it's the backyard of TARC campus. Sadly i graduated 8 years ago lol

im interested with this, rental play should be OK. Even TBR with those god knows how many century old houses are fetching mad rentals.
Maneki-neko
post Jan 25 2016, 08:25 AM

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How to register?
cutealex
post Jan 25 2016, 08:41 AM

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QUOTE(bearbear @ Jan 24 2016, 10:59 PM)
ex-TARCian here, this wrld be ideal for me cause it's the backyard of TARC campus. Sadly i graduated 8 years ago lol

im interested with this, rental play should be OK. Even TBR with those god knows how many century old houses are fetching mad rentals.
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TBR with mad rental? Haha...how long u never been there...
Lot of vacant old room and house now.
gks
post Jan 25 2016, 09:25 AM

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If that map is correct, despite the close proximity to Melati LRT station and TAR college, there is lack of commercial and students will find it hassle to serve their daily needs.
Takuro82
post Jan 25 2016, 09:29 AM

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QUOTE(bearbear @ Jan 24 2016, 09:59 PM)
ex-TARCian here, this would be ideal for me cause it's the backyard of TARC campus. Sadly i graduated 8 years ago lol

im interested with this, rental play should be OK. Even TBR with those god knows how many century old houses are fetching mad rentals.
*
I graduated 11 years ago.. that time stay at TBR..fully furnish 3 rooms house rental RM 900.. not sure how much is it now?

oxm8
post Jan 25 2016, 09:43 AM

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Now we can see owners in TBR start to dispose their house.. valuation is high but actual transactions lower.
No more buyers buy because of rental investment
puchongite
post Jan 25 2016, 09:56 AM

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QUOTE(bearbear @ Jan 24 2016, 10:59 PM)
ex-TARCian here, this would be ideal for me cause it's the backyard of TARC campus. Sadly i graduated 8 years ago lol

im interested with this, rental play should be OK. Even TBR with those god knows how many century old houses are fetching mad rentals.
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Rental has never been mad ( or great ) if you look at it based on today's valuation.

But you can say it's mad ( or great ) if based on initial purchased price.


puchongite
post Jan 25 2016, 10:04 AM

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QUOTE(Takuro82 @ Jan 25 2016, 09:29 AM)
I graduated 11 years ago.. that time stay at TBR..fully furnish 3 rooms house rental RM 900.. not sure how much is it now?
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Students attending TARUC are generally from not so well to do families, so they are not so picky about the condition of the house ( and rooms ). So I would imagine a 3 rooms house might fetch RM1000 to RM1200 today ?

Would it still be a good investment for a 3 room condo/apartment going at RM1200 rental ?

I say it's just nothing great.

Student rental fetches good returns are those renovated ones which converted into 4-7 rooms. Some corner houses managed to convert into 10 rooms. These are the ones making obscene income without many people realizing.
bearbear
post Jan 25 2016, 10:53 AM

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QUOTE(cutealex @ Jan 25 2016, 08:41 AM)
TBR with mad rental? Haha...how long u never been there...
Lot of vacant old room and house now.
*
let's say it's long enough lol


cutealex
post Jan 25 2016, 01:51 PM

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Tis is the current actual propose site.


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