the daily room rate from Corrus hotel only 200++ per night, can this new one make it better than Corrus?

Yes. Couldn’t imagine how the lobby gonna be.

It’s just a really tight spot. I couldnt imagine the congestion after it’s completed.

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

even HDA also not 90% for this project right?

other site i not sure, this 1 confirm can
even if online booking not fulfilled, surely will have walk in asking for room

look like good investment

Fully furnished?

why this project can be HDA and non HDA ?

if investment strategy is only for AirBnB, better think twice... look at what happen to Penang...

The price considerably decent. Yes the unit is quite small but it is prime location

you got buy hugoz or exsim project ke?
this so good deal, don't miss it 

when too many agents buy...must be very aware...cos they will get special rebates from developer... so as lone investor...how to fight with them when VPed....they can sell and rent at very below from market price...

Yeah its really interesting because there's an short term stay operator that's helping you rent out the property for a decent amount of years, and they don't just advertise on a single platform, so potentially can get better occupancy rate

This project have name:KYLIEZ SUITEZ, haha can change the topic title to easy classify the thread. haha (just suggestion)

woo this is a good financial report to show how good exsim project at airbnb. But since exsim is selling their own project and this report is prepared by themselve. people may doubt about the reality. Maybe its only take the most success unit (most profitable rented unit) show at report for sale boost purposed, How about the lowest rented unit situation? As Expressionz, Ceylonz, even Scarletz newly vp got 2 unit lelong.

Of course every project have lelong due to owner personal financing planing, but if this project is constantly profitable, i will let my other debt or assest (maybe car or other property) to be lelong other than this profit asset.

Those analysis is not yet deduct cost...

Is it true, kyliez non of the unit went for loan application yet cause developer is still fighting for 90 percent loan?

Guess selling price over market value and bank valuation cannot meet. If cannot get 90-100%, that could be a challenge to this project.

even HDA also not 90% for this project right?

I think already fully booked. Only can wait for loan release. Downpayment not cheap as discount given not a lot I think. And also cannot get 90 percent loan, correct me if I'm wrong

Non-HDA units cannot get 90% because considered commercial use property.

Under HDA, depends on bank, if they consider as overpriced they might put a cap on the margin.

is it exsim project only Power Home and IQI sell ?

APDL ready?