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

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Looi90
post Oct 10 2018, 12:30 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?

Thanks
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Might as well find your own contractor to do the job cheaper than 40K renovation fee and find real estate agent to source for tenant at rental 2.4K ( 80% of 3K) and pay them one month rent commision one shot since developer so confidently promised 3k rental at this area

This post has been edited by Looi90: Oct 10 2018, 12:32 PM

 

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