KUALA LUMPUR, Nov 18 The reported RM70,000 in monthly let for not a single but dual condominiums owned by a National Feedlot Corporation (NFC) has skill consultants as well as genuine estate agents jolt their heads in disbelief.
The experts say which a top let which can be expected for even a penthouse during Bangsar's One Menerung common ownership is about RM24,000 per month.
File print of PKR members holding cinema of a One Menerung condominiums, outward a Selangor MACC office in Shah Alam on Nov 10, 2011. Picture by Choo Choy May
The NFC additionally pronounced yesterday which a let yield for a dual condominiums had hit 12.9 per cent, which is far in excess of a attention benchmark of 3 per cent or less.
"Who is a tenant?" asked a single maestro skill consultant. "It is unbelievable. To get RM70,000 for a common ownership is unheard of. Usually when renters compensate some-more than RM15,000 they design to get a total oppulance bungalow."
He forked out which multinationals were very unlikely to have such a outrageous budget for lease as well as wealthy Arab businessmen would prefer to buy their own place rather than rent.
Real estate agents for One Menerung contacted by The Malaysian Insider pronounced which it was "not possible" to get RM70,000 in monthly lease as well as which it would be difficult to find any a single peaceful to compensate even RM4 a sq ft.
Figures from a gratefulness inform on One Menerung performed by The Malaysian Insider pegged rents for a penthouse during about R! M24,000 as well as in between RM14,000 as well as RM17,000 for a not as big units below 5,000 sq ft.
"Nobody would compensate RM70,000 for a condo," pronounced a single valuer.
NFC senior manager authority Datuk Mohamad Salleh Ismail reportedly pronounced during a press discussion yesterday which it bought dual condominiums during RM6.9 million as well as rented them out during RM70,000 a month, giving a yield of some 12.9 per cent. The size of a purchased units was not reported.
Salleh had additionally pronounced which if it had put a income in bound deposit instead, it would have earned usually 2.6 per cent to 3.25 per cent returns.
Many oppulance condominiums in a city however have had a tough time anticipating tenants with some landlords carrying to dump rents by as most as 50 per cent.
Property consultancy DTZ pronounced in its third entertain inform last Thursday which it expects demand for oppulance residential units in KL to be delayed with overall rents for high-end condominiums during about RM3.50 per sq ft.
Umno Youth chief Khairy Jamaluddin had pronounced last week which a NFC motionless to use supports earmarked for a feedlot programme to deposit in oppulance condominiums after a supervision ran out of income to rise heavenly body cattle farms as planned.
It has not been simplified however if a federally-funded NFC is authorised to have such alternative investments.
More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
No comments:
Post a Comment