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 Worth or not?, 1 storey shoplot for rm 340k

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am_eniey
post Feb 1 2008, 11:06 AM

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QUOTE(sfl @ Jan 19 2008, 11:49 AM)
I planning to buy a 1 storey shoplot (13 year old)for rm 340k n monthly rental can collect rm2400.worth or not?give me some oppinion please....
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location please.................
TSsfl
post Feb 1 2008, 01:09 PM

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QUOTE(am_eniey @ Feb 1 2008, 11:06 AM)
location please.................
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Location at JB rclxms.gif
soitsuagain
post Feb 7 2008, 12:14 AM

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QUOTE(sfl @ Jan 19 2008, 11:49 AM)
I planning to buy a 1 storey shoplot (13 year old)for rm 340k n monthly rental can collect rm2400.worth or not?give me some oppinion please....
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wow its such a good deal. Nowadays you can buy 1.6 million shoplots and only 6k rental.
Wukaneld
post Feb 8 2008, 06:32 AM

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QUOTE(sfl @ Feb 1 2008, 01:09 PM)
Location at JB rclxms.gif
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I truly believe he is asking for the EXACT location... Nevermind the exact address, just the taman will do...
PrinceHamsap
post Feb 8 2008, 07:10 AM

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for 340K and getting 2.4K rental per month
its a worth of good money
TSsfl
post Feb 11 2008, 06:39 PM

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QUOTE(Wukaneld @ Feb 8 2008, 06:32 AM)
I truly believe he is asking for the EXACT location... Nevermind the exact address, just the taman will do...
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Tampoi rclxms.gif
ChAOoz
post Feb 11 2008, 07:32 PM

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Ts , before buying the shop you must consider the location again , as the development of new shopping complex or urban area could shift the prime location to some other area , and maybe the landlord know this beforehand so thinking of letting it go , else why would he sell it of if the rent is so good.

Btw , if you are doing retail business best is nvr buy a shop as retail solely rely on walk-ins customer , and if you commit into buying a building then you don't have the flexibility to change location if the time come necessary.
kinwawa
post Feb 11 2008, 11:10 PM

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QUOTE(dreamer101 @ Jan 19 2008, 11:42 PM)
sfl,

If everything that you said is true, why would the owner sell to begin with?? This sounds too good to be true....

Dreamer
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ya....bought for 190K in 1995 n now selling for 340k so cheap??? if i'm the owner y would i wan to sell it...i can get almost 30k/yr fr rental and i probably is going to finish paying the loan soon...furthermore....it's turning into freehold!

fishy fishy...hehehehe

 

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