u got actual info?

my friend's unit is getting a very decent return, net cash received after deducting all cost including installment, still positive 4 digits.

my unit lor. u want to rent or not

Which project?
Scaletz?

Average max rent out rate is 10 - 15 days only ,
Agent will tell u 20-23 days as they take the peak season data to show u

If so good why wanna be agent … just kebas 100units there… become millionaire every month

This is the sales pitch. I reality it is a dream if it come close to this figure/ lol

it is not hard to check and verify yourself.

Pick a project near KLCC that doing Airbnb, for example - Scarletz and you go airbnb/agoda/booking.com etc website and book and see how many units you still able to book for the month of May. If you cannot get any units, means fully book till end of the month. No need to judge if agent said is correct or not.

You also able to check what is the daily rate for the units and comes to a max rental return for the month if fully booked. you can do the same on other months such as June etc and all data will be at your finger tips

This post has been edited by Tigerr: May 8 2023, 12:33 PM

Do not forget the cost such as operator management fee. They usually take 30-70% of total revenue

Yes, factor in whatever cost vs potential income and you will have a more accurate data. only after you do your homework, then only you can evaluate whether worth to invest or not instead of judging info is not right etc. there are people out there earns lot of money but they wont come and tell u. Even if they tell u, many will doubt them with various excuses to satisfy their pov.

How is the sales rate? How many % sold? Any agents can contact me?

You can check the availability on airbnb, Agoda and etc. Data shown on website will tell the truth, if not everyone just attack agent only haha

Here you go

Hi Yiwen, please check your inbox, thanks

Better update to more recent peak month

Anyone signed SPA?

I heard take up rate is nearly 90%. And i got a dual key unit recently, thinking should I proceed to sign the SPA. Wonder if there is anyone here alredy signed the SPA?

You go any project also take up 90% / last few units one 😁

True also, but i heard the same from my banker although she don't know the actual take up rate. But she told me the quata used up, won't accept other loan application already.

very normal, every bank got quota which actually the quota they gave from the beginning not so much only, can last for about 30-40 units for each bank
then every here and then will renew the quota, is standard practice

What i heard Maybank' quata for Hugoz is around 150 - 200 mil. Anyway, i don't know how's true is that. Just sharing here. Apparently, not much buyer active in this thread.