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 Need Advice from LYNians on Apartment Investments

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capix
post Feb 13 2009, 07:45 AM

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any comment regarding prima regency jb?
T_flash
post Feb 14 2009, 11:31 PM

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Anyone ever consider wangsa maju's cheap old apartment??? some are as low as 80k to buy.

But the agent I talked to said that this grade of property are usually prone for rent collection issues.

Any comment???

BTW, went to check on Maytower, really nice lobby, got a colleague who lives in there, the hot water system seems to be a problem i think. Also got people talking about the area isn't too safe.
What are you view toward that??
Pai
post Feb 15 2009, 10:32 AM

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QUOTE(T_flash @ Feb 14 2009, 11:31 PM)
Anyone ever consider wangsa maju's cheap old apartment??? some are as low as 80k to buy.

But the agent I talked to said that this grade of property are usually prone for rent collection issues.

Any comment???

BTW, went to check on Maytower, really nice lobby, got a colleague who lives in there, the hot water system seems to be a problem i think. Also got people talking about the area isn't too safe.
What are you view toward that??
*
For Maytower,

hot water system isnt a centralise system, so my guess is this problem is confined to your friends unit smile.gif

As for security, perception is one thing, but when you do a proper research, u'll find that a large number of tenants are young single ladies, working in MNCs in KLCC and Bukit bintang areas wink.gif


Wangsa Maju flats, there's some money to be made but collection will always be an issue (unless u r very selective when it comes to tenant selection). Its a recession proof property IMO wink.gif
merce
post Feb 28 2009, 04:10 PM

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Crisis Create Chances!

this is what i think. tongue.gif



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