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 Love at first sight property?

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BeastB
post May 15 2019, 08:39 AM

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Never had it with property....only cars. Property I fall in love when the price offered is 15-20% below advertised prices online. Very hard to get but they are there.
BeastB
post May 16 2019, 11:53 AM

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QUOTE(Jay_AX @ May 12 2019, 01:00 AM)
my love is Capers, LUMI, Eco Forest & gabled roof style in 25.7. cannot afford them at this moment.
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Capers price is dropping fast.... can see units going for below RM650/sqft now. I visited this place few months ago, very nice but in terms of investment still a dud. Rental is lousy for the price and maintenance fee is over RM400!! Only worth it if can get below RM550/sqft.

This post has been edited by BeastB: May 16 2019, 11:53 AM
BeastB
post May 16 2019, 12:15 PM

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QUOTE(Bjorn1688 @ May 16 2019, 12:11 PM)
Maintenance fees are over RM400??

How much psf are they charging?

Wonder what's the collection rates like for this project, I'd imagine it won't be fantastic.
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About RM0.43 to 0.45 psf if I recall correctly.


BeastB
post May 16 2019, 05:49 PM

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QUOTE(Bjorn1688 @ May 16 2019, 05:38 PM)
I thought even if it is a loft it needs to pass the minimum ceiling height requirements.

Sounds like a recipe for disaster especially if you had guest that went for a night out in town.
That’s very expensive for a place that isn’t even elite or low density to begin with.
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Yes it is. I was actually eyeing this location for the future since the 999 units were going at a decent price to start negotiating....but when I heard the maintenance it really put me of. The rental is rubbish if you factor in the maintenance. Unfortunately they have no choice...since you can see the garden area is really well made and they are not very high density like Fennel.

 

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