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> Property Agent offer rental service for new Condo, Damai Vista in Cheras

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AvenueX
post Oct 10 2018, 12:52 PM

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QUOTE(user5092 @ Oct 10 2018, 12:08 PM)
Hi all, my friend bought Damai Vista in Cheras, recently the developer contacted him and told him the condo will be ready by March 2019. Besides, they also call for a meet up with the owner.

So my friend attended the meeting, and there are other owner in the meeting too. In the meeting, the developer started to promote kind of rental management service.

The developer will help to find the tenant and the rental will be around 3k, the owner will get 80%, and the developer will get 20%. Besides that, the developer got offer renovation service, 40k for the whole unit, but the owner can choose to take their renovation service or not.

Anyone facing this service by developer? Is it some kind of scam?

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Not realistic to ask for that kind of rental in that part of Cheras. There is no demand.
AvenueX
post Oct 10 2018, 02:45 PM

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I may be wrong, but it might be an attempt to make more money by offering the furnishing package. If cannot rent out they don't lose anything.

 

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