Appreciate your comments,
I agree that "guarantee" is a dangerous word that is why we're always causious giving figures to our clients though as "overpromise-underdeliver" is not how we work and believe in. By saying guaranteed gross yield I mean that we are offering our clients purchasing a unit in the project at r/yield of 6,5% for a period of 2 years from date of handover of their unit. Approximate rental yield of 8% gross was based on two developements we are currently investing in in Mont Kiara (when taken into account averagepurchase price, monthly rent, estimated monthly management fee and sinking fund costs fee, and other fees)We entered both of them at pre-launch stage and secured lower prices for our clients so even now they are still buying at the prices they would have paid at that point.
It seems it makes sence to borrow USdollars now as in long term it will hopefully appreciate.
so, any info on, what sort of money, are foreigners willing to plonk in?
and what size? Didn't quite understand your question. It all depends on what sort of property they are looking for. High-end condos are about RM950k and above, size - starting from 1600sqft and above.
OlgaB
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