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?
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.
Jan 28 2017, 03:46 PM

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