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Investment PINNACLE SRI PETALING [OWNERS' THREAD], New Height of Iconic Development

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jason75
post Mar 21 2017, 03:49 PM

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QUOTE(xlancer @ Mar 21 2017, 01:23 PM)
From the junction in front of Lucky Restaurant/Bank Islam.
From the juction in front of Alisan Restaurant and take right turn at Hao Hao Steamboat
from junction Opposite Sri Petaling Hotel
From junction in front of old town

I think that's all.
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1. It is Free MOT During after completion of construction
2. Another bad point is the properties leasehold right
3. What about the electricity bill will be commercial rate rite
4. water bill also commercial rate
5. How much we can rent out the properties there
jason75
post Mar 21 2017, 04:06 PM

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QUOTE(FuNks @ Mar 21 2017, 05:02 PM)
Pinnacle got free MOT kah?  blink.gif  blink.gif  blink.gif
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Sorry I am not sure that why asking all buyer here
jason75
post Mar 21 2017, 04:24 PM

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QUOTE(xlancer @ Mar 21 2017, 05:11 PM)
Bro, i not agent, i only can try to answer as much as i know about the area.

I saw people in earlier post mentioned that residential units are under HDA. If true, then it is possible to apply residential rate for utilities. However, other tax valuation may taken under commercial rate.

Leasehold... this is subjective. Nowadays KL address have limited freehold project. Furthermore, you think the building can last 100 years?

Rental, you can try to search the current rental market from propertyguru/iproperty, using Endah Regal, Endah Promenade as a benchmark. As of current state, the demand is there.
However, you should aware that the major pool of tenant from TPM, Medical School, Standard Charted Staff may saturate after the projects in Bukit Jalil, Bukit Serdang completed (my humble opinion).
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Endah Villa Sri Petaling
Monthly rental RM 1,900
1264 Sq feet
3 rooms 2 bathroom
new refrigerator
washing machine
wardrobe
kitchen cabinet
Each room got aircon, fan
new 32" TV
water heater

the rental only almost RM 2k only no much

jason75
post Mar 21 2017, 04:32 PM

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QUOTE(aaron1717 @ Mar 21 2017, 05:28 PM)
at this matured area only 2k plus... plus frankfully speaking... i doubt u can find any new project with positive rental yield as at current condition.... except those come with GRR... lol... u imagine those at bukit jalil high dense condos can fetch how much more only... comparing amenities this area still way better than bukit jalil with the hyped up pavillion 2.... lol...
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bro

Did u buy any properties from pinnacle ? of course , have to make comparison with current market and future market .

So that we have confident to invest rite hahaheheheh
jason75
post Mar 21 2017, 04:39 PM

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QUOTE(aaron1717 @ Mar 21 2017, 05:37 PM)
tak ada yet... hahahaha...

my fren bought their pinnacle PJ.... rental yield cantik... but its at student area.... that time im still student sad... so tak boleh compare... their pinnacle kelana jaya is office suite... still constructing... so also kenot compare... haha...

so this area... even u compare endah endah sekalian... they are consider further away from this part of SP... so macam mana compare...  biggrin.gif  biggrin.gif
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Okay thank you so much ur info ...


 

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