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

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vtsskm
post Jun 2 2020, 05:30 PM

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Hi all, anyone plan to buy PV9 or PV Arena (kuchai lama), im one of PV buyer and we can team up for their loyalties program smile.gif


This post has been edited by vtsskm: Jun 2 2020, 05:31 PM
kokwei222 P
post Jun 9 2020, 03:32 AM

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The latest progress of PV 9

1000sqft - 3 Rooms 2 Baths - RM480K
1300sqft - 4 Rooms 2 Baths - RM590K

Still available....
LittleSmarty
post Jun 9 2020, 05:58 PM

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QUOTE(kokwei222 @ Jun 9 2020, 03:32 AM)
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The latest progress of PV 9

1000sqft - 3 Rooms 2 Baths - RM480K
1300sqft - 4 Rooms 2 Baths - RM590K

Still available....
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I thought 1000sqft fully booked?
Maiiyowei
post Jun 9 2020, 06:10 PM

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QUOTE(LittleSmarty @ Jun 9 2020, 05:58 PM)
I thought 1000sqft fully booked?
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Waiting for rejection unit, last week fully booked .
kokwei222 P
post Jun 9 2020, 06:55 PM

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Yeah so far already fully booked, but if interested can wait for release unit, I believe still have many units release.

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cy91
post Jun 9 2020, 09:37 PM

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TARC related product still can invest nowadays? hmm
Maiiyowei
post Jun 9 2020, 10:06 PM

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QUOTE(cy91 @ Jun 9 2020, 09:37 PM)
TARC related product still can invest nowadays? hmm
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Okay la, even for ownstay 1000sqft ,3bedrooms 2bathrooms,near lrt, below RM500k,still acceptable gua.bumi RM450k only

This post has been edited by Maiiyowei: Jun 9 2020, 10:08 PM
kokwei222 P
post Jun 10 2020, 02:33 AM

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QUOTE(cy91 @ Jun 9 2020, 09:37 PM)
TARC related product still can invest nowadays? hmm
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Each room rent rm500 only
If 1000sqft do 4 rooms can rent rm2000 already

Installment is only about RM1900
Maintenance fee RM300

Each month commit rm200 only

This project will done around 2022 Q3
I believe that time Covid-19 is history already..
kokwei222 P
post Jun 10 2020, 02:34 AM

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I mean let's say if each room rent rm500..
victorian
post Jun 10 2020, 08:05 AM

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QUOTE(kokwei222 @ Jun 10 2020, 02:33 AM)
Each room rent rm500 only
If 1000sqft do 4 rooms can rent rm2000 already

Installment is only about RM1900
Maintenance fee RM300

Each month commit rm200 only

This project will done around 2022 Q3
I believe that time Covid-19 is history already..
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Don’t forget there’s rumawip there, people are only paying around 1000 installment per month. They can afford to rent out at a lower price, how to fight ?
Maiiyowei
post Jun 10 2020, 08:39 AM

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QUOTE(victorian @ Jun 10 2020, 08:05 AM)
Don’t forget there’s rumawip there, people are only paying around 1000 installment per month. They can afford to rent out at a lower price, how to fight ?
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Different market, when u go haidilao, u spend over hundred compare local fifty only, but u still choose haidilao ,different environment, can't compare at all .sometimes tenant finding is depend how u manage your unit la, bare unit who want to rent
victorian
post Jun 10 2020, 08:56 AM

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QUOTE(Maiiyowei @ Jun 10 2020, 08:39 AM)
Different market, when u go haidilao, u spend over hundred compare local fifty only, but u still choose haidilao ,different environment, can't compare at all .sometimes tenant finding is depend how u manage your unit la, bare unit who want to rent
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Sure there’s a different market, but you are only renting to students, not expats. If rental price difference around 200-300 still ok. But if the rental for rumahwip is half of PV9, it’s a bit hard to fight with them.

Plus you don’t know they will have online class until end of the year? Students rental are doing really poorly in that area.
victorian
post Jun 10 2020, 08:58 AM

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QUOTE(Maiiyowei @ Jun 10 2020, 08:39 AM)
Different market, when u go haidilao, u spend over hundred compare local fifty only, but u still choose haidilao ,different environment, can't compare at all .sometimes tenant finding is depend how u manage your unit la, bare unit who want to rent
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It’s like local Proton/Perodua vs Toyota/Honda.

Sure people will still buy Honda City or Toyota Yaris, but the top seller is still Myvi/Saga
Maiiyowei
post Jun 10 2020, 10:45 AM

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QUOTE(victorian @ Jun 10 2020, 08:56 AM)
Sure there’s a different market, but you are only renting to students, not expats. If rental price difference around 200-300 still ok. But if the rental for rumahwip is half of PV9, it’s a bit hard to fight with them.

Plus you don’t know they will have online class until end of the year? Students rental are doing really poorly in that area.
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Like u say now covid-19,after this project completed 2022,everything will back to normal, rental always depend on renovation, how to get high rental return is what u can give for tenant needs, lrt within 200m can direct access to KLCC, can attract tarcian to stay same place after graduate .my opinion only la
victorian
post Jun 10 2020, 11:02 AM

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QUOTE(Maiiyowei @ Jun 10 2020, 10:45 AM)
Like u say now covid-19,after this project completed 2022,everything will back to normal, rental always depend on renovation, how to get high rental return is what u can give for tenant needs, lrt within 200m can direct access to KLCC, can attract tarcian to stay same place after graduate .my opinion only la
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I think it’s a good project also la, but neighboring it is Wirajaya 1 and 2, surely will affect the rental rate there
Maiiyowei
post Jun 10 2020, 11:30 AM

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QUOTE(victorian @ Jun 10 2020, 11:02 AM)
I think it’s a good project also la, but neighboring it is Wirajaya 1 and 2, surely will affect the rental rate there
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in this world there will be no victories without war. Just wirajaya 1-2 competitor, u so worry. How about cheras maluri , old Klang road and KL sentral ,over supply area? 🤔🤔
victorian
post Jun 10 2020, 12:05 PM

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QUOTE(Maiiyowei @ Jun 10 2020, 11:30 AM)
in this world there will be no victories without war.  Just wirajaya 1-2 competitor, u so worry. How about cheras maluri , old Klang road and KL sentral ,over supply area? 🤔🤔
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I’m staying in Setapak, and I’ll say that that area is definitely not a first choice for students. Less food/entertainment and high crime rate.

It’s not only 1-2 competitors, go further down you have the PV Condos and also Prima Setapak area. There’s a new PV18 project there also gonna be completing soon. That area has Aeon Big and lots of food.


kokwei222 P
post Jun 10 2020, 06:19 PM

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QUOTE(victorian @ Jun 10 2020, 12:05 PM)
I’m staying in Setapak, and I’ll say that that area is definitely not a first choice for students. Less food/entertainment and high crime rate.

It’s not only 1-2 competitors, go further down you have the PV Condos and also Prima Setapak area. There’s a new PV18 project there also gonna be completing soon. That area has Aeon Big and lots of food.
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Yeah, pros and cons

This one is really depends, some students prefer Walking distance to LRT & TRAC, some might prefer walking to Aeon.

Over 50% rumahwip is for kakitangan DBKL, the most of they're looking for ownstay not investment.

I believe once PV9 occupancy rate increase to 70~80%, the rental price will back to normal rage rm500~800 per room.

We are looking at the supply and demand also, TARC have lover 28,000 students over 2019 year, PV9 + Rumahwip only 1000++ units, 70% owner there is looking for own stay also, I think not a big deal to rent out room for PV9.
indramerlin
post Jun 18 2020, 06:12 PM

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QUOTE(kokwei222 @ Jun 10 2020, 06:19 PM)
Yeah, pros and cons

This one is really depends, some students prefer Walking distance to LRT & TRAC, some might prefer walking to Aeon.

Over 50% rumahwip is for kakitangan DBKL, the most of they're looking for ownstay not investment.

I believe once PV9 occupancy rate increase to 70~80%, the rental price will back to normal rage rm500~800 per room.

We are looking at the supply and demand also, TARC have lover 28,000 students over 2019 year, PV9 + Rumahwip only 1000++ units, 70% owner there is looking for own stay also, I think not a big deal to rent out room for PV9.
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Not really almost 100% DBKL staff bought for investment.. they said wanna rent to TARUC students.. DBKL staff so lucky.. bought at 230K only.. 70k discount worr... normal buyer unlucky
BZMF808 P
post Jun 19 2020, 01:48 PM

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QUOTE(kokwei222 @ Jun 9 2020, 06:55 PM)
Yeah so far already fully booked, but if interested can wait for release unit, I believe still have many units release.

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That's fast. DO we need to queu to book if interested in this project?

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