Outline ·
[ Standard ] ·
Linear+
Faber Condo's @ Taman Desa, Investment
Pai
|
Dec 25 2008, 09:26 PM
|
|
QUOTE(Phoeni_142 @ Dec 24 2008, 11:57 AM) Let me be specific here: I'd like to know about the views of anyone that has bought / invested in Faber Ria or Faber Heights. I'd just like to know your experience, and whether u are happy with your investment decision and why. I do not need any hard facts or figures.......just your views on the area in a qualitative sense. Hi Phoeni, Went to check few Tmn Desa properties few months back due its decent rental yield, but decided not to go for it due to : 1. No LRT now or in the new future, hence I suspect current rental yield in Tmn Desa might not be sustainable or remains flat especially when there will be plenty of new supply coming from the Kerinchi area. 2. Had a fren who bought Tiara Faber for 250k 5 years ago..............and today its still sells for 250k. Im not overly optimistic over its capital appreciation prospects. Rental yield also so-so. 3. Rental yield about 7%-8% only, so in the end I went for something with better yields n capital gains prospects.
|
|
|
|
Pai
|
Aug 29 2009, 03:23 PM
|
|
QUOTE(Minolta @ Aug 29 2009, 01:09 PM) Faber Ria 700sf studio for RM160k, old, needs repainting etc. Lower floor. What do you guys think....value or expensive? whats the rent?
|
|
|
|
Pai
|
Aug 31 2009, 09:04 PM
|
|
QUOTE(Phoeni_142 @ Aug 30 2009, 02:12 PM) 1. The ROA association just approved for the sinking fund to be used to repaint the whole place. 2. Appreciation is secondary and an ancillary benefit of ownership. Cash flow is a necessity, which Faber ria can provide. 3. I used 5K on renovation for my unit there, which was pretty old. I don't think u will need anything close to 25k to 30k. boss, long time no see Added on August 31, 2009, 9:05 pmQUOTE(Minolta @ Aug 31 2009, 07:17 PM) I thought about it whole weekend, and decided I'm not gonna go in coz got no feel for it....I think the place is just a tad too old...and the price is no steal. I think I'll stick with my initial plan for a landed in Tmn Desa. chief, from studio to landed is a big change, whats the main objective investing in Tmn Desa lah? This post has been edited by Pai: Aug 31 2009, 09:05 PM
|
|
|
|
Pai
|
Sep 9 2009, 04:03 PM
|
|
kbandito, its the "cost of purchase" variance between your's and Phoeni's that makes al the dif in COCR. Nice calculator btw .............
|
|
|
|
Pai
|
May 2 2010, 12:04 PM
|
|
QUOTE(Phoeni_142 @ May 2 2010, 11:47 AM) where's your apartment at, chief? hunting again boss?
|
|
|
|