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Investment Scarletz @Jalan Yap Kwan Seng, Affordable Luxury Property in KL Centre

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propertybuddy
post Jan 24 2018, 01:06 AM

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the pricing tak boleh jalan
propertybuddy
post Feb 16 2018, 01:34 AM

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What's nett psf for the unit
propertybuddy
post Mar 6 2018, 07:34 PM

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QUOTE(jessylyx @ Mar 2 2018, 11:04 AM)
Summary:
It’s commercial title, it’s located at jalan yap Kwan Seng, walking distance to KLCC around 8-10 mins,
It similar to summer suite but the location is better than summer suite. All units come with kitchen and bathroom. Price psf around RM1600

Surrounding building psf above RM1800– the mews, Isola, mirage, star residence.
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comparing undercon or subsales transaction?

commercial vs commercial or commercial vs residential?

similar product subsales 1000psf? at 60% discount. why whould this still make money?

Rental? what's transacted monthly rental for similar unit, 2200-2400. can it cover min 80% of installment? unlikely

Do you need Airbnb just to breakeven?

upsides? is there any catalyst to boost 1600psf to 1800psf / 1900psf / 2000psf ? is this price above / below / fair market (subsales) price?

hmm.gif

This post has been edited by propertybuddy: Mar 6 2018, 07:34 PM
propertybuddy
post Mar 10 2018, 04:25 PM

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QUOTE(Asali @ Mar 7 2018, 09:03 AM)
Good questions.
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Yeah. Find no reason for the hype..

Would buying 1600psf easier to make money than 900psf ?

It is limited exit plan and also rental strategies. As the entry is high.

Can't find convincing cocr, yield, potential upsides

 

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