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 Love at first sight property?

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flight
post May 10 2019, 08:06 AM

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I saw sun u residence for sale at rm440k back in 2009. I didnt have the money, and my father was not invsstment savvy.

Rental was rm4400k per month and occupancy was always full due to proximity to sunway uni. Last for sale i saw was at rm1million, that was almost 3 or 4 years ago. I still think about that property. I still have the email from the real estate agent.

If i had more experience i would have found a way to finance the property.
flight
post May 10 2019, 09:00 PM

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QUOTE(forum4u @ Apr 28 2019, 08:41 PM)
QUOTE(DesRed @ May 10 2019, 03:02 PM)
Didn't know that student accommodation can also be sold on the open market. Thought that Sunway will prefer to make money from student rentals than let some Tom, Dick and Harry buy up those units and let them benefit from the students renting there. hmm.gif
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They were foeced to sell when they encountered financial difficulties in 1998. There r 2 blocks. 1 was sold. I heard a lady had 20 units. Worth more than 20million now.

 

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