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 Kyliez Suites @ KLCC, by Exsim, beside Avenue K

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JustForCheonging
post Jun 16 2023, 06:24 AM

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Is this Hugoz? Or something else?
JustForCheonging
post Jun 16 2023, 06:25 AM

Getting Started
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Joined: May 2013


Parking for more info
JustForCheonging
post Jun 16 2023, 05:00 PM

Getting Started
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Junior Member
215 posts

Joined: May 2013


QUOTE(Najibaik @ Jun 16 2023, 12:28 PM)
based on the info above, 323sf studio at 2k psf, price is about close to 700k, installment wise about 3k per month excluding maintenance fees, which I doubt will provide a carpark for the smallest unit.

however location wise definitely much better than hugoz, as it is only about 300+ units, not that high competition compared to hugoz.

Summore just directly next to Avenue K, even many hotel also not as close as this project to KLCC, securing tenant for airbnb basically not an issue, you can even expect occupancy rate of at least 85% during non peak season. (walk in asking will be a lot)

however expect maintenance fee will be high, maybe including installment about 3200, given only rent out RM200 per night for 85%, still can expect some return after deduct airbnb fees. (btw i think RM200 per night for this area is quite low already)

the only issue is you need to fork out more for downpayment as I heard not able to get 90% loan
*
Cheapest around RM697k after discount.

Sorry im gonna give it a skip.

Good luck investing. Cheers.

 

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