QUOTE(meimei57 @ May 18 2020, 11:18 AM)
My friend intend to buy dorsett REsidence at Federal Territory for investment or Dorsett Subang. Is it a worth buy?? Understand it is a freehold service apartment. The 4 highways are nearby. Only 190 units My friend has to make decision fast.
Thank You for feedback
worth or not u have to evaluate them against the 7 area
1. pricing of this product vs the similar product in the same area / neighbouring area
2. rentability
3. target usage of the property - airbnb/short term/homestay/room rental/regular/own stay
4. target renter market - local student/international student/local working professionals/affluent working professionals/expats
5. demand and supply - understand the competition by analysing the direct competition and indirect competition (also call complementary product)
6. catalyst - what would help push up property price/rental/rentability
7. cashflow
after research this 7 area then you will know if it's worth buying or not