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Investment New Pudu LRT project?

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Babizz
post May 24 2021, 06:33 PM

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If truly 1400psf good luck to any buyer for invest or ownstay.
Babizz
post Jun 7 2021, 12:33 PM

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QUOTE(Tera @ Jun 6 2021, 09:35 AM)
services apartment

2.2k unit 4 block.

RM650-700 per sqf.
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Interesting price. Can share more info?
Anyway who will be the target tenant here?
Babizz
post Jun 8 2021, 03:43 PM

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QUOTE(W.ROOK @ Jun 8 2021, 01:30 AM)
Target Tenant? Working class/singles/small families/mid class "expats" biggrin.gif ....
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From my experience with mid class expats or even professional locals, they require some commercials to be within walking distance. This pudu lrt area is very dodgy n I doubt people would walk to explore.

This post has been edited by Babizz: Jun 8 2021, 03:44 PM
Babizz
post Jun 8 2021, 08:56 PM

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QUOTE(aaron1717 @ Jun 8 2021, 02:05 AM)
d'majestic used to be very successful airbnb hotspot before covid comes... operators there sapu all the units whenever available
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My real take is the rental price without Airbnb. After few years Airbnb demand will shift to newer condo. Look at robertzai. Tonnes of units asking below 2k. Yield below 3.5% or 3%. Hearsay the owner group all angry when some units below 2k then many units below 2k.

D majestic asking rental is low from iproperty.

This post has been edited by Babizz: Jun 8 2021, 08:59 PM

 

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