Hugoz @ KLCC
Developer: Exsim
Land area : 0.867 acres
Total unit: 674 units
Non HDA units : 354 units
HDA units : 320 units
Tenure: Freehold
Lifts per floor :5
Size: 323sf - 646sf
Layout: studio, 1R1B and dual-key
Net price: From RM550k onwards

🚶🏻Walking 10-15 mins to KLCC
🚝 300m to MRT Ampang Park (3-4mins)

Suitable for Airbnb:
Studio type as example
Let’s say you rented out 23 days per month to do as example
RM280-350(peak season)/day
RM280 x 15days = RM4200
RM350 x 8 days = RM2800
Total income RM7000
80(owner):20(operator)
= RM5600
-RM1000 (cleaning fee)
-RM2600 (monthly instalment)
-RM285(maintenance fee)
= RM1715 (at least you can earn this amount)

Below is occupancy rate of existing Airbnb condo at Bukit Ceylon

Funny, why you use Ceylonz for comparison when Scartletz is next to it?

Maybe Scarletz and Ceylonz owners can try to comment abit if they really getting +ve cash flow with Mykey mgmt rather than hearing just one side of the story.

This post has been edited by bengyson: Apr 18 2023, 06:40 PM

Parking

Agent or owner promo this?

I think from agent...hehe

When complete?

Estimated 2026 Q4

No wonder post looks so desperate

Any agent here? Interested buyer here.

this also need to pay front lobby check in service every month?

no more already. Checked last week.

this is very far from KLCC. at least 15 mins - 20 mins walking

🏠Type A (452 sqf)
➡️ From RM 720k +/-

➡️ Monthly RM 3.1k +/-
✅ Partial Furnish (70%)
✅ 1 rooms & 1 bathrooms

🏠Type B (646 sqf)
➡️ From RM 1.03m +/-

➡️ Monthly RM 4.4k +/-
✅ Full Furnish (100%)
✅ Dual-key unit ( 2 x Studio)

🏠Type C (323 sqf)
➡️ From RM 546k +/-

➡️ Monthly RM 2.5k +/-
✅ Partial Furnish (70%)
✅ Studio

Price SQFT PSF
720000 452 1592.920354
1030000 646 1594.427245
546000 323 1690.402477

Studio type as example
Let’s say you rented out 23 days per month to do as example
RM280-350(peak season)/day
RM280 x 15days = RM4200
RM350 x 8 days = RM2800
Total income RM7000

Everytime I see people give this kind of example...I really curious is this true?? or is that even close?

take only half of the rental . 1 month usually rent out 8-12 days only actually.

dont believe agent words, if such good rental no poor people in this world lor

Not to mention need to deduct those operators fee. Owners will left with 2ish k on good months

you take what area to compare with KLCC area?

klcc no such rate la

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.

Still got people get dual key unit via loan reject? the last i heard, left 10 to 12 units for the last dual key that is not sign yet only.

New Exsim Suites in Bukit Bintang, let me know if interested