Just wondering, how is the rental demand for those lower range landed houses (20x65 or 20x70) in Setia Alam? Current owners, any idea?
Setia Alam by SP Setia, Township project in Shah Alam
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 Feb 24 2013, 09:46 PM
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#1
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Feb 26 2013, 10:35 AM
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#2
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QUOTE(Chris Chew @ Feb 26 2013, 01:53 AM) I think Setia Alam rental demand could be very low. Thanks for your insights. I thought so too. So If I want to buy Setia Alam houses to invest, it's all about capital appreciation only and don't put hope on rental. While this is how the capital appreciation game is supposed to be, it would be nice to have people renting it (even small amounts like RM1000-RM1300) while it appreciates.No college, no varsity and not much jobs created just yet, hardly can get good tenants. Probably btw RM 1,000 - RM 1,300 ...  I just sold a DSL in sime darby BBR lately. When advertising this house for sale, many people called inquiring about rental, though. |
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Feb 27 2013, 09:54 AM
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#3
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QUOTE(Chris Chew @ Feb 26 2013, 11:54 PM) Setia Alam is township maker with houses built every year. Definitely more to a capital appreciation more than rental game, unless few colleges / unis or some big companies with huge number of staffs, then its possible. Moreover, landed are always low yield on rental. The one I sold was Petunia at RM 510k, 20x65. I guess the lower range houses will always get more rental inquiries BBR is going improve n improve, though location issue, the houses built by Sime were really modern facade n prices peaking up, which surprised me. Which phase u had sold? My fren just bought a unit of Avani for RM 630k. Looks not bad though little pricey.  |
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Feb 27 2013, 10:03 AM
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#4
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QUOTE(AVFAN @ Feb 27 2013, 09:58 AM) isn't petunia 22x65? Thanks. No, it was 20x65 only. Took me about 6 months to sell because I wanted that price.for yr seling price, pretty good profit, well done. how long did it take sell? |
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Feb 27 2013, 04:22 PM
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#5
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QUOTE(nScRoX @ Feb 27 2013, 04:14 PM) Anyone interested at an end lot? how much? and facing what direction?I'm thinking to let go. 25x70 land House type Gloriosa. VP a month of two only. |
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