Yeah.. dont forget to add in at least rm500 per month for all the taxes, insurance and others misc charges.
So that would be around rm2.8k per month to breakeven.
Rm2k seems tad optimistic.. thou if furnished nicely possible perhaps.
So thats rm800 out of pocket per month.
I think an increase of rm50k or less is more realistic =p
Agree on the 2+1 for better appreciation.. thou rental wise the figures would likely not be good also.

Boss, never seen a worse project in subng/sunway area.. surrounded by light/low end industrial in all direction. Htc is not d biggest concern as d location is a major problem.

Does anyone here think students wana stay here?? No restaurants, surrounded ny factory, htc, soxo product n far from colleges. Why wouldnt students rent into existing casa tiara stretch??

SUPER FAIL PROJECT in the making. Good luck to all the 'investors'

It all about cost vs benefit. Say u throw the studio init rental price at rm900 sure got takers. =)

Im VERY sure any project in KV u throw rental at rn200 sure got takers. U need to achieve a decent nett yield of 4% to cover part of the interest. You also need to have a healthy appreciation that is around d prop price increase annually or the GDP growth at the very minimum.

Dont forget to add 6% gst & advanced progressive bìlling as work commences to ur total cost.

Agreed mainly with ur assessment. Unless the rental is much cheaper.
Also I understand that this is SOFO and the utilities wld be commercial rates and much much higher.
Wld tenants want to pay higher so much utilities if there are same alternatives nearby?

Agreed mainly with ur assessment. Unless the rental is much cheaper.
Also I understand that this is SOFO and the utilities wld be commercial rates and much much higher.
Wld tenants want to pay higher so much utilities if there are same alternatives nearby?

Agreed. Fyi i was being sarcastic =)

Hi, can PM me more info? thanks

anyone can confirm if let say purchase now, RPGT also charged if i sell off in 5 years, but after that wont get charged , another issue is should the purchaser who bought from me as subsale need pay 6% GST as well ?

their other project at the kelana jaya manage to converted into residential rate after the forming of RA.... comparably... i think this location better than their kelana jaya project... the kelana jaya one also sold out selling at the same style as this one...

well... who knows they banking on their brand new condo to rent to the students... to monash is quite near... its just that the surrounding... this condo cant offer the same rental rate as other surrounding condos... but still will have student rent if they price it right... just like some of the other college areas... a condo at far forsaken place away from lrt and bus station... still there are student renting for the affordable price...

considering the cost to purchase one is generally cheaper than most of the new condos around there even for the three rooms unit... and many existing condos at surrounding area were also quite run down and badly maintained...

went through this thread and ppl asking for PM also few pages. you guys think this is sales thread ar?

Pm pls

Limited unit left, still got people want to live with such surroundings ??? !!!! Next ppl will build next to factories !!!

Amazing hats off to those you are buying this

That's where you're wrong, i would say..

You investors looking for capital appreciation or just for fun?

Has Subang prices gone up or down all this while?

Property price hardly drop even if its financial crisis..

There are many areas are surrounded by factories.. yet $$ goes up..

Typical mindset will say, this is bad that is bad due to location..
What about Balakong / Sg Buloh / Mines / Kepong?? Ain't it super far and "low-cost" area? NO..
SG buloh double storey also reach 700k-800k.. condo at that Far area also reach 700k...

This post has been edited by NewPropertyLaunch: Nov 5 2016, 05:42 PM

Sales gallery at kelana jaya, the building beside giant....
went there last week and see the show room...not bad but just developer is new, only has one completed project...
compared with highpark, the show room beside the grand show room. the design of high park better than the grand but of course much expensive than the grand...

I hope u lived thru at least 1988, 1997 and 2007 before making the above statement.

This project targets rental to students which is actually quite high rate as per surrounding area. Walking 15 mins to Monash or sunway. Shuttles provided for 3 yrs. Seems doable, as student population is high. Freehold vs sunway leasehold. Setback is commercial n surrounding environment.

Grand kelana jaya selling price is 358k, now got transacted record at 470k. Its property location is consider very strategic and near to colleges, guarantee return rental rate.

Take a Drive to grand subang urself, you will know what im saying. What you paying is much more worthy then what you getting