QUOTE(hioniq @ Jul 7 2017, 03:37 PM)
Many told me property make more money rather than put your money in bank - inflation, low interest, currency dropped, blabla. Hence I also try to invest and hope able to gain in next few years. For now just tighten the belt and patiently wait. Tropicana city studio also can fetch 600k plus, why cant my studio get 450k? Just time only and it is freehold so no worry to hold.
I guess many had also told you location location location is also i vital factor to make good return on investment.
Location is a major factor in how valuable the propoerty is, other factors including developer branding, finishing, amenities, upcoming catalyst (highway, public transport, education center, malls, government planning etc)
why tropicana city can fetch higher than bukit puchong? - Location (highway connection, amenities, demography (higher income group), proximity to major business area)
TS, I suggest you have to make a decision, either sell it off, cut the losses and move on
Or, rent it out to minimize your losses while waiting for prospect buyers
To me, studio only works in dense business area with working ppl of higher income, or expats
and studio is more of renting out for +cashflow. If there is capital gain will be a good bonus
for me, places like KL city, PJ and maybe subang are the area where studio has higher demand and better ROI
Puchong till today, cant really see any studio that really oustanding, moreover bukit puchong is better off with landed or high rise with bigger sqft.
Setia Walk (850 sqft) partial furnish asking rental price is very similar to Zest (1200 sqft) partial furnish.
However Zest has a better rental yield due to its lower entry price 8 years ago while Setia Walk started off with much higher entry price.
Gain wise, Zest perform much better than SW
For me, Puchong is still favorable to Landed and highrise with bigger sqft
This post has been edited by twincharger07: Jul 7 2017, 04:50 PM