Investment THE HARMONY @ OLD KLANG ROAD | RESIDENSI RIAMAS, The Benchmark of Ownership in KL
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 Jun 9 2023, 12:23 AM
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Senior Member
2,094 posts Joined: Apr 2007  
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QUOTE(rumahwip @ Mar 10 2023, 07:52 AM) parklane seems like failure for investors. now all throw price  QUOTE(soulred777 @ Mar 11 2023, 06:09 PM) Yes it was epic. When I first went there for viewing rental asked was about 1700 1800, following year down to 1300 1400 I must be damn lucky then, rental is still at RM1.9k.Bought cash at RM344k, gross rental for 6 years++ is RM133k.  This is one of my precious cash cow properties. Attached thumbnail(s) 
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Jun 9 2023, 10:23 AM
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#2
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Senior Member
2,094 posts Joined: Apr 2007
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QUOTE(soulred777 @ Jun 9 2023, 07:31 AM) Lucky you then ✌️ Actually, I'm not the one that is lucky. Prices have never dropped and have somewhat maintained throughout the years. If anything, prices have slowly crept higher as all the new developments after Parklane OUG are more expensive ones. No affordable developments that are similar priced. Hence, when they are newer but more expensive developments in the market available for sale or rent, Parklane, in general, has been opportunistic about it to slowly increase the price a bit. Only time it took a dip was during Covid-19 but price have increased back since then. For myself, current rental price has increased RM50 from the previous rental price.  Attached thumbnail(s) 
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