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Investment SUNSURIA CITY | THE OLIVE | TANGERINE SUITES, Unveiling the Xiamen University township

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mrKFC
post Nov 6 2016, 09:40 PM

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QUOTE(kahsoon888 @ Nov 6 2016, 07:05 PM)
Which agent told you can rent 3k, give me the number. I want buy 10 units. Nowadays all the agent talk like shit....
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The agent also in this forum. According to the agent, now airport crew stay in nilai soho/studio for rm 1000. Since this is nearrer and more convenient to the airport, they will move to this place and 3 rooms can get 3000.

which i think is reasonable except for the 3000 rental. shakehead.gif

This post has been edited by mrKFC: Nov 6 2016, 09:41 PM
TSaccetera
post Dec 9 2016, 08:05 PM

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heavensea
post Dec 9 2016, 08:30 PM

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QUOTE(mrKFC @ Nov 6 2016, 09:40 PM)
The agent also in this forum. According to the agent, now airport crew stay in nilai soho/studio for rm 1000. Since this is nearrer and more convenient to the airport, they will move to this place and 3 rooms can get 3000.

which i think is reasonable except for the 3000 rental.  shakehead.gif
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lol compared like this ah, landed can rent 5k with 5 rooms? biggrin.gif
agent, agent.. blush.gif
elsontan9
post Jan 10 2017, 11:46 PM

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I have few rejection units available for sales now, price are super low.

Please pm/call me directly

012-3731 902
nova80
post Jan 11 2017, 08:32 AM

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Is Xiamen University kids rich like inti, subway or taylor?
aaron1717
post Jan 20 2017, 02:24 PM

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QUOTE(nova80 @ Jan 11 2017, 08:32 AM)
Is Xiamen University kids rich like inti, subway or taylor?
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for sure their fees is not cheap.... and they are one of the top uni in china itself.... those who able to study there would be willing to spend as well...
buginwun
post Jan 21 2017, 11:46 PM

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QUOTE(mrKFC @ Nov 5 2016, 05:27 AM)
No offense but what is so good about this project? I mean i know there's erl, xiamen university and some malls around, but i think this is too expensive.

Agent say this can get rm 3000 rental, but i really doubt that. Student can stay inside campus single room with a lot of facilities.
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The agent is lying. Expected rental is RM1,500 to RM2,000. The campus rental is RM600 per room. If rent out to 4 persons at RM400 per person, that will fetch RM1,600 per month. Block C is around RM400K (almost sold out anyway). Based on current bank interest rate of 4% for fixed deposit, RM400K investment will give a return of RM1,333 per month. So it is a reasonable investment. Every property investment has a risk.
buginwun
post Jan 21 2017, 11:51 PM

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QUOTE(wl_n @ Aug 15 2016, 05:56 PM)
The access to this project is through those kampong place. Any alternative?
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The actual main entrance to Sunsuria City is through the new road passing KLIO. This road is still closed until KLIO is completed next year.
buginwun
post Jan 21 2017, 11:56 PM

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QUOTE(ccssh @ Nov 5 2016, 06:45 AM)
What is starting price for block B, The cheaper is how much?
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2 months ago, Block B starts from RM470K with RM30K rebate, so around RM440K
buginwun
post Jan 22 2017, 12:02 AM

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QUOTE(ProKing @ Nov 6 2016, 01:14 PM)
Distance from Olive to Xiamen uni entrance around 1km - can't walk have to drive. Not sure uni students want to cycle under this weather
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If Sunsuria City keep to their promise, they will provide shuttle bus from The Olive to the main entrance and side entrance. Sunsuria City is designed to be environmental friendly instead of polluting the environment by driving cars. They have this bicycle for rental program to encourage students to drive.
buginwun
post Jan 22 2017, 12:11 AM

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QUOTE(accetera @ Jul 11 2016, 10:02 AM)
This area need a long holding power.... and it's interesting to see many townships developing together here.

Meanwhile, i saw "nothing" at the Kuala Lumpur International Outlets site. What happened to the project?
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Probably due to Malaysia economy, the project seems to have been delayed. As of last week, the construction has started again after they have completed the blasting and foundation.
buginwun
post Jan 22 2017, 12:20 AM

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QUOTE(ccssh @ Jul 14 2016, 09:28 AM)
818 sqf / avr price rm410k is around 500 per sqf. Consider expensive too.  NO much margin for buyer in term of capital gain. For rent income is limited. Need expert advise, pls!
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Sunsuria City is not for investors looking for big return in 3-5 years time. The whole project will take 10 years (year 2025) when the numbers of students increase to 10,000. So, one should only expect big return after 10 years time.
buginwun
post Jan 22 2017, 12:38 AM

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QUOTE(ccssh @ Jul 14 2016, 09:28 AM)
818 sqf / avr price rm410k is around 500 per sqf. Consider expensive too.  NO much margin for buyer in term of capital gain. For rent income is limited. Need expert advise, pls!
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Take this for comparison. In 2005, a 18'x65' double storey houses in Taman Tasik Semenyih, located 500m from Nottingham University Campus were sold at RM120K which was considered expensive at that time. There were 1000 students in 2005 and now there are about more than 10,000 students. The rental fee for a room in the campus was RM500 (in average) per student in 2005. Recently, a student told me that the rental for the whole house in Taman Tasik Semenyih has gone up to more than RM3,000 per month!! Any similarities with The Olive which is located about 800m from Xiamen University?
ccssh
post Jan 28 2017, 07:46 AM

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QUOTE(buginwun @ Jan 22 2017, 12:11 AM)
Probably due to Malaysia economy, the project seems to have been delayed. As of last week, the construction has started again after they have completed the blasting and foundation.
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The project is on going all the while. where got delay? Get the fact right before mention it. Thanks.
ccssh
post Jan 28 2017, 07:48 AM

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QUOTE(buginwun @ Jan 22 2017, 12:02 AM)
If Sunsuria City keep to their promise, they will provide shuttle bus from The Olive to the main entrance and side entrance. Sunsuria City is designed to be environmental friendly instead of polluting the environment by driving cars. They have this bicycle for rental program to encourage students to drive.
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Currently, there oleli has uni bus parking there...
ccssh
post Jan 28 2017, 07:50 AM

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QUOTE(buginwun @ Jan 21 2017, 11:51 PM)
The actual main entrance to Sunsuria City is through the new road passing KLIO. This road is still closed until KLIO is completed next year.
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KLIO rename to HVO.
ccssh
post Jan 28 2017, 07:53 AM

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QUOTE(aaron1717 @ Jan 20 2017, 02:24 PM)
for sure their fees is not cheap.... and they are one of the top uni in china itself....  those who able to study there would be willing to spend as well...
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Check first, dun assume.
ccssh
post Jan 28 2017, 07:57 AM

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QUOTE(mrKFC @ Nov 5 2016, 05:27 AM)
No offense but what is so good about this project? I mean i know there's erl, xiamen university and some malls around, but i think this is too expensive.

Agent say this can get rm 3000 rental, but i really doubt that. Student can stay inside campus single room with a lot of facilities.
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yuh, may be you can visit the hostel when uni open house.
hummels
post Jan 28 2017, 08:37 AM

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QUOTE(mrKFC @ Nov 6 2016, 09:40 PM)
The agent also in this forum. According to the agent, now airport crew stay in nilai soho/studio for rm 1000. Since this is nearrer and more convenient to the airport, they will move to this place and 3 rooms can get 3000.

which i think is reasonable except for the 3000 rental.  shakehead.gif
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rm3000 for a condo is too far fetched...might as the air crew stay in warisan indah or warisan setia for that matter...or the new ioi warisan puteri...i think olive can be rented out at most rm2000..that is considered the highest rental...fully furnish some more...
Zicoras1
post Jan 28 2017, 03:46 PM

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QUOTE(buginwun @ Jan 22 2017, 12:38 AM)
Take this for comparison. In 2005, a 18'x65' double storey houses in Taman Tasik Semenyih, located 500m from Nottingham University Campus were sold at RM120K which was considered expensive at that time. There were 1000 students in 2005 and now there are about more than 10,000 students. The rental fee for a room in the campus was RM500 (in average) per student in 2005. Recently, a student told me that the rental for the whole house in Taman Tasik Semenyih has gone up to more than RM3,000 per month!! Any similarities with The Olive which is located about 800m from Xiamen University?
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It is possible but as you can see it took more than decade for Semenyih and Nottingham to fill up. Also nowadays everything new is above 300k at least so you are unlikely to make great rentals like Semenyih as their entry cost is low 12 years ago.

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