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Investment KAMPAR LAKE CAMPUS CONDOMINIUM (KLCC)-OWNER, To share, discuss, update if any

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rocketcommercemy
post Jul 9 2018, 10:31 AM

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I am not the KLCC owner, but i owned a Kampus West City Soho, bought few years back. Actually i will say there are over supply now in Kampar near to the UTAR. You will notice so many new projects being developed in this few years. And for your information (do not trust 100% on the agent or developer). The time when my project launching, the agent said one unit can be rented out for at least RM700(one unit can be occupied by two students). But guess what, now the oversupply condition there are too many empty units there. Luckily my unit still able to rent out, many owners are still paying loan every month for 3-4 years without any income.
I am not sure how much is the KLCC, and how is the ROI. But bear in mind, those UTAR students not Sunway, Taylor rich students. Do you think they are willing to pay more than RM300 per person per month to rent a room? Just my 5 cents of opinions, maybe i am wrong.

This post has been edited by rocketcommercemy: Jul 9 2018, 10:34 AM
rocketcommercemy
post Jul 9 2018, 03:54 PM

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QUOTE(skyvampire @ Jul 9 2018, 12:23 PM)
Mind to share your purchase price, room and your condo target tenant it utar, Ktar or other work person etc?
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I purchased the soho with RM66k, 312Sf, Kampus West City consider very near to the UTAR west entrance (just 4-5km)
For those who going to buy or bought KLCC, better check the exact distance yourself. Not just listen to the agent.
My rental fee now is only Rm250, minus maintenance & sinking funds is around RM200.
For those who think just 72k can get a soho and rented > RM500 per month in Kampar, i think you better buy a subsales landed house there.
Maybe you think it is damn cheap (yes if your from KL, you can't even get a flat in KL with the same price)
But remember that, that is for Kampar not KL.
Try to calculate yourself with 72k, how big the room you can purchase (my 312Sf consider very small already)?
Plus how much maintenance you have to pay every month. At the end how much you can get.
Think twice.

This post has been edited by rocketcommercemy: Jul 9 2018, 03:56 PM
rocketcommercemy
post Nov 24 2018, 06:06 PM

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QUOTE(MM79 @ Nov 23 2018, 03:43 PM)
4-5km distance to UTAR west entrance is very far right? who want to rent there?  I think is not fair to compare KWC with KLCC.
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Well, consider that was a quite matured area (although still a lot empty lands far away), it is impossible for developer to purchase a land just 50m from Utar there. Imagine in KL, do you think still have land developer could purchase which is less than 50m from KLCC???
Even there is, how much do you think the price will be?
4-5Km could be far for students to walk to Utar, no doubt but property nearer to Utar must be more expensive rental right?
And there is still have students occupying those property far abit but cheaper in rental price.

 

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