Build a tunnel install ERP. Per entry 100 RM.
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Meridin at Medini and Astaka Project in Iskandar - any good?
- Thread starter doublechin38
- Start date
It's a hotel. Yield is still gd. Go calc.
u mean its gd investmt ?
the hotel haven't even ready yet. how can you calculate yield at this point of time.
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JB do not have good class hotel.
Double Tree by Hilton will only interest me. I sure love to stay in Double Tree for a few nights.
Amara does not.
Double Tree by Hilton will only interest me. I sure love to stay in Double Tree for a few nights.
Amara does not.
with the expansion of legoland and possible new theme parks plus the ferry from harborfront to PH, tourists arrivals will increase ?
Most of the better hotels seems to be moving towardsthe city centre. Double tree, Renaissance also is quite good and it's running already.
I think with the current tightening of the foreigner quota in Singapore, more Malaysian are working in Johor. Which is good for the development of that state.skills are not being lost to Singapore.
I think with the current tightening of the foreigner quota in Singapore, more Malaysian are working in Johor. Which is good for the development of that state.skills are not being lost to Singapore.
The Meridin Hotel Suites (Block B & C) buy with Guaranteed Rental Return (GRR) for 15% (5%+5%+5%) for first 3 years, there after to follow market rate if you prefer to rent back to developer. 10% rebate, fully furnished and Free SPA and Loan legal fee. Block A all SOVO with different package.
Hotel suites the yield is considered low - unless ur paying by cash.
they usually take some of the yield back as management fees, sinking fund, maintanance. end of the day u may be left with nothing after paying mortgage. If u going full cash there are thing that give better yeild than 5% with less headache, REITS for example......
unless the GRR is after expenses, i would not consider it. just my 2 cents
they usually take some of the yield back as management fees, sinking fund, maintanance. end of the day u may be left with nothing after paying mortgage. If u going full cash there are thing that give better yeild than 5% with less headache, REITS for example......
unless the GRR is after expenses, i would not consider it. just my 2 cents
Very good point. There are other investment types for this level of returns. This is the first time that they are doing this so they might not be able to achieve their returns.
I am not sure what fine print you have to look through before plonking down cold hard cash for this investment vehicle
I am not sure what fine print you have to look through before plonking down cold hard cash for this investment vehicle
Most likely need to refurbish the furniture and room décor after a few years. So someone has to pay for it. Wear and tear should be higher due to many very short term users. I think the returns should be quite low after factoring all.
I been to the showroom in May/June. Took pics of the sales chart. was at 67% sold then. Yes its impressive. The showroom also very empty. I guess too expensive at 3mil plus per pop now. PSF 12xx onward now.
The launch offer looks like a bargain compared to now..... 8xx psf, DIBS, legal subsidy, cant remember whats else is included. I have the price list given by the agent but obviously its not up to date
The launch offer looks like a bargain compared to now..... 8xx psf, DIBS, legal subsidy, cant remember whats else is included. I have the price list given by the agent but obviously its not up to date
It really looks nice. However the facilities is not so complete. Not many available.