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Jason Ooi (unverified)


About Jason Ooi

Agency : Mip Properties ( E(1)1866)


I specialise in the following:

Providing professional services in selling and renting of residential buildings, lands, industrial and commercial properties.
Please do not hesitate to contact me for finding properties and get value for your properties.
Always Provide excellent sales service to our client, make your sales transaction a hassle free and enjoyable one.

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Hi everyone, have you guys heard The Place @ Cyberjaya before?

The Place@Cyberjaya is actually right next to Lim Kok Wing University, very high demand. Mostly rent to Lim Kok Wing's student, to be honest, tenants mostly from Middle East & Africa. 

There are 2 towers, Tower 1 is Studio Duplex, is around 480 sqf to 538 sqf. Tower 2 is Studio Room, is around 538 sqf to 739 sqf, 3 rooms or 4 rooms type. The students are more comfortable with the unit in Tower 1.

For this project, MCT as project developer, provide all units in Tower 1 semi furnished and fully furnished for Tower 2.

Let me share about the rental return in The Place@Cyberjaya,

Tower 1 Duplex Semi Furnished Market Rental: RM1,400-RM1,600

Tower 1 Duplex Fully Furnished Market Rental: RM1,700-RM2,000  

The market selling price: RM350,000

Furnitures cost: RM5,000 (Let's maximise this)

Calculation: (RM1,700 * 12 months) / (RM350,000 + RM5,000)= 5.75%

I think this is consider quite high rental return in Cyberjaya.

Thanks for reading :) 

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Jason Ooi, https://dwxbwps5boihg.cloudfront.net/users/avatars/2415/10982467_10205316255160066_2837784493297210894_n.jpg Homepage: Agency: Mip Properties Property Negotiator My colleague: Rachelthee Tang REN05074 Benjamin Khong Vulcanng