Comments on: Poll: Service Apartments Above Shopping Malls http://propertymalaysia.blogsome.com/2008/03/24/poll-service-apartments-above-shopping-malls/ Investing & Buying Residential Malaysian Property Wed, 21 May 2008 23:00:59 +0000 http://wordpress.org/?v=1.5.1-alpha by: aw http://propertymalaysia.blogsome.com/2008/03/24/poll-service-apartments-above-shopping-malls/#comment-8393 Tue, 25 Mar 2008 10:54:08 +0000 http://propertymalaysia.blogsome.com/2008/03/24/poll-service-apartments-above-shopping-malls/#comment-8393 It's hard to make a good return on serviced apartments. All the costs are higher, from assessment rates to water bills (although the tenant pays that). Serviced apartments are also not protected by normal Housing laws. Have you actually done the real-world calculations, including conservative projected appreciation, over-supply and expected rental? From an investment standpoint, it does not make much sense. But I'll consider it if I want to live there myself. It’s hard to make a good return on serviced apartments. All the costs are higher, from assessment rates to water bills (although the tenant pays that).

Serviced apartments are also not protected by normal Housing laws.

Have you actually done the real-world calculations, including conservative projected appreciation, over-supply and expected rental? From an investment standpoint, it does not make much sense. But I’ll consider it if I want to live there myself.

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