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Investment BLOOMSVALE RESIDENCES @ OLD KLANG ROAD [OT], Live & Love

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Matchy
post Sep 19 2019, 03:55 PM

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QUOTE(henryn @ Jul 15 2019, 11:35 AM)
Great analysis!

RM 750 psf - RM 500 psf = RM 250 psf difference.
For 660 sf unit, it would turn up 660 sf x RM 250 = RM 165,000 value difference.
I have done simple calculation below and the sum is difference from RM 165k, any sifu can help out?
Item (Source)  Median Price
Kitchen cabinet (guesstimate)  5000
Microwave (simple google)  250
Fridge (simple google)  1100
Induction hood & hob (simple google)  2500
Washer dryer 2 in 1 (simple google)  2000
Shower screeen (guesstimate)  1200
Water heater tank (guesstimate)  1000
Mirror (guesstimate)  300
TV 49" (guesstimate)  1300
TV console (simple google)  900
Sofa (guesstimate)  2000
Coffee table (simple google)  150
Dining table & chair (simple google)  1500
Bed set - Queen (guesstimate)  3500
Bed set - Single King (guesstimate)  2500
Bedlinen with pillow (for 2 rooms) (guesstimate)  700
Adequate light for whole unit (guesstimate)  2500
Air-cond x3 (simple google)  3000
Wardrobe x2 (guesstimate)  5000
Smart home features (guesstimate)  2000
Curtain and blind (guesstimate)  4500
Electric kettle (simple google) 80
Iron & iron board (simple google) 250
Hair dryer (simple google)  100
Ceilling fans x 3 (guesstimate)  1500
TOTAL -  RM 44,830
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QUOTE(Babizz @ Sep 2 2019, 08:41 PM)
Not sure who the agents here are trying to trick by saying the furniture is worth 250psf. Bet it won't be even 100psf.

Just imagine this 1200 unit condo is full of investors trying to rent out identical units. No differentiation.

Only price can throw.

The floor is the limit. We review this line in 2023.
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someone already calculated... see the quote above. around RM70psf for the reno.


 

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