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 Lexis hibiscus / Grand Lexis / any other Lexis, Share your experience owning this

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TSTomRiderss
post Apr 6 2024, 02:46 AM, updated 2y ago

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Heya!

So lexis group has developed numerous project, notably like lexis hibiscus in the Port Dickson and they are expanding to have more developments soon.

If you are owning one right now or previous owner or perhaps u have connection that bought these property, can you share what are the the pros and cons... is it worth it... in term of rental yield for example, property appreciation etc2. Especially on rental yields, how much they able to get surplus after minus the loan and maintenance on monthly basis...

in mudah, people are selling hibiscus about 500-700k now... quite tempting....

thank you in advance peeps!


nexona88
post Apr 6 2024, 10:51 PM

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If very good...

Why they all selling... Just should keep & gain $$$ from rentals.... More $$$ in longer term....
iamloco
post Apr 7 2024, 03:43 AM

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QUOTE(nexona88 @ Apr 6 2024, 10:51 PM)
If very good...

Why they all selling... Just should keep & gain $$$ from rentals.... More $$$ in longer term....
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Probably just liquidating some assets for other projects
nexona88
post Apr 7 2024, 08:01 AM

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QUOTE(iamloco @ Apr 7 2024, 03:43 AM)
Probably just liquidating some assets for other projects
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Bur looking at the selling prices...

Seems like below market value & even developer price...

Meaning selling at loss 🤔🧐

 

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