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TOPIC: Student hostel

Student hostel 1 year, 6 months ago #18745

Dear Investors,

I am looking for buying condo/apartment and rent out to student, ROI=6%, budget 200K-300K

Could I have your expert opinion on the following area?
1) Setapak area, near TAR College (eg Manara Alpha, TAR Villa...)
2) Bukit Jalil area, near International Medical University (eg Vista Komanwel...)
3) Kelana Jaya, near UNITAR (Kelana Sentral)
4) Bangsar, near Univeristi Malaysa (eg Pantai Panaroma, Vista Angkasa..)

Which area is easier to rent out? ( I mean with larger students and adult working poplulation)
Which area is within walking distance to LRT?
Which condo is better for investment?

Alternatively, you may just share with me your present investment.

Thank you very much

Reply on student hostel. 1 year, 6 months ago #18749

  • izodsai
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Hello & a very good day to you!

My advice will certainly be TAR Villa which is near TAR College in Setapak.
The reason is, most working people & students live within that area particularly Setapak & Wangsa Maju.

Furthermore, the prices are still in a very affordable for both working & studying community. Nevertheless, public transportations are frequently available.

Please contact Muiz at 0182626724 (Maxis number) for further info.

Thanks!

Re:Student hostel 1 year, 6 months ago #18768

Looking at your proposal, area item (2-4) are beyond your budget.Just tell us your requirements and expected locations, we will find a good properties for investment : Nel - 0176388698

Re:Student hostel 1 year, 6 months ago #18820

To decide which investemnt is more profitable, you need to work out hw much loan interest and what is the expected rental income. You can download the Profit Calculator in propertyprofitcalculator.yolasite.com/ for your decision making.

Re:Student hostel 1 year, 6 months ago #18838

you can consider Garden Plaza(service apartment) near LimKokWing University at Cyberjaya. Start from RM280k
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