Yet to be launch project @ Selayang.

Anyone come across related investment projects?
Owning a hotel room and share revenue.

What to do when staying in Selayang hotel ?

i just attended their talk last Sunday, sounds interesting because there will be a two years guarantee return. No harm attending the talk to know about another way of investment since it is free entry.

Holiday Villa is actually a famous reputable hotel management chain. This hotel will be integrated with upcoming biggest shopping mall in Selayang.

do you mean buying a hotel room and share the revenue with the hotel ?

previously i invest in similar thing in Indonesia, enjoying the dividend now, but didn’t know that Malaysia has this kind of product already. Can i know more about this project?

these type of GRR scheme cannot work anymore
people are bored and sien with all these problems with developers and operator......delay and no payment....add this add that....end of the day use ur moneyvand loan to sponsor their biz

Guess not many people are into tis kind of project

Can c Selayang market?

upcoming biggest shopping mall should be refer to star city?

Yup

Story more la ... interested to know

share more info leh

share revenue is a very loose term.
i think the more definitive term on offer is shared profit instead.

shared revenue would mean that irrespective of cost outflow, and just focusing on cash inflow. this is good for the purchaser as purchaser may just recognise the revenue without the cost factor.

but even then, it could still be a dangerous situation whereby the operator can claim that occupancy is on other rooms and the unit you owned was not leased out at all.

as for shared profit, the risk belies in the cost distribution. operator may introduce all sorts of charge where they could take a huge cut of the revenue before distributing the leftovers as the profit sharing.

so trade with caution.
the only GRR that i would look at is as the terminology suggested "Guaranteed Rental Revenue". purely guaranteed revenue irrespective of whatever they intend to do.
kekeke.

i will try my best to explain about this project, however i am not from their professional team, just 38 and attended the talk last Sunday together with my friends. All the facts on calculation and accounts estimation about the return i can hardly give full explanation over here, but it seems to be quite promising. I still suggest you guys to go and attend the talk, heard that the management team will be hosting the talk every Sunday of March before it’s officially launch. Since it is at PJ, near by Jaya33, free of charge some more, no harm going ah, learn new thing.

Info that i got from the talk is basically the infrastructure that will be soon coming in to Selayang, the MRT2 road plans, the info about Selayang Star City, the background of Holiday Villa and etc.

After the talk, developer will offer you early bird sales package about the project. For the package of the hotel is you will need pay a cheque amount to RM5000 up front which it is only for expression of interest, to book a seat for balloting on the official launch date. But the cheque will only be on hold at the developer side, if you are not interested to buy the project, then you will be able to take back your cheque on the official launch date ( beginning of April, i forget the exact date already. LOL )

what I remember about the project is that there is this protection return of 5% return on cash invested for the first two years, as investing in hotel (buy and lease out a hotel room) is a bit similar to buying commercial shop lot, the first few years, when business just started, it won’t be having high return. But from the info given by Holiday Villa according to their previous hotel chain internationally, we can actually get a 12% return pa. Sharing 40-45% of the hotel revenue.

another thing about hotel investment the best part is invest in a fully-furnished hotel room overseas, so that you actually own it and you turn over to a Professional Operator (in this case, it will be HOLIDAY VILLA ) in a long term to manage it. In return, they pay you a rental income.The property/hotel operator will indicate that the chance of zero occupancy for that hotel is rare, so there will be medium to high chance for your room to be leased out.

set aside the product type, but a hotel in selayang ?

P.J/ Kota Damansara/ Subang will make it more viable.
or even cyberjaya. sepang could make a better location.

Maybe visiting doctors, relatives of patients etc. LOL.

there is a similar concept in nearby jo. emerald avenue also got hotel share revenue program. seem not good le. dead empty mall in selayang. selayang mall n emerald avenue n summit selayang. u think ur self lol.but mydin very ong n good business la.

may i know where is the talk ?

GRR scheme is DOA to experienced investors. Holiday villa...go see what happened to the former jalan ampang one. should scare away even the most blind investors. if jalan ampang prime location also can be screwed up by them this selayang one ...

If this hotel venture is profitable as claimed, the developer could invest the hotel themselves, need not sell room by room, pay commission to agents, grr. Unless the developer doesn't have enough cash flow to complete the project.

Totally agree with this. Usually I will avoid this. They don't have enough money and it is consider a risk.

spot on why want to share the profit when u can take all

Hotel line business model got many type also ma. Some just wanna build and transfer some build and operate, depends on each company vision and strategy to address their market.

For example like Sheraton they operate for ppl only, hilton build and operate. so some of them plan to have revenue split they let go some unit for investor. They need more money to earn more money so they let out some unit while maintain their quality, so more ppl will rent.

Room owner get money and the operator can sustain and grow better. Just like why ppl listing in KLSE to get more capital for more investment, like they buy the room = becoming share holder like that.

Ts better avoid this...

Ur funding their hotel and they pay you at their own will...

I have an ex team leader who buy this scheme in bukt merah laketown resort grr with mkland...

Gone case...

Worst thing is if u decide to quit and lease it out for yourselfnits also not possible. You also arent allowed to stay at the unit. Good deal for them. Bad deal for u

Hilton don't own any property in Malaysia. For operator like Hilton, they could get funding from banks, stock market and bonds and never by selling individual room.

Holiday villa in this case is only a operator or on management contract, is not a owner.

If this hotel is profitable as claimed, the developer would have owned it unless it couldn't secure funding from bank or stock market.