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Do you think that it can attract expat when the economy recovers?

Posted by Adeena on 09-Sep 2009

Do you think that it can attract expat when the economy recovers? I think it has great potential. I really like its design and location.

Answers (9)

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Posted by azril on 09-Sep 2009

Yes, I have seen some expats living there actually. I think Royal Domain is the best condo built by Mayland. The facilities and securities are great. I also think it has great potential. Even if the expats don’t like it there, most of execs and managers would love to live there.

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Posted by Value Investor on 14-Sep 2009

Some landlords have tenanted their units out to African nationalities. There was one time I saw 10 African tenants stuff into a 1,300sf unit.

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Posted by Kam JY on 22-Sep 2009

I have just been there once , but my only concern is the parkings .

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Posted by Ricky Leong on 27-Oct 2009

I do agree what Value Investor say, it's true.

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Posted by mrizal on 11-Mar 2010

you shd go for it definitely

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Posted by melissa on 11-Mar 2010

I think is a good investment, as it is strategically located. This area has great potential to be developed soon.

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Posted by Roy Teo on 21-Mar 2010

Dont you think its less risky to just buy a property that already attracts expats rather than buy a property and hope it attracts expats?

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Posted by Value Investor on 22-Mar 2010

Last time i visit, there are indeed many expats at Royal Domain, albeit Middle Eastern and Africans. So the question is what expat are you expecting?

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Posted by Adrian on 23-Mar 2010

Without being judgemental or appearing to be racist, there is somewhat a consensus that certain expats from certain countries are preferred. They take care of your place, do not haggle too much on rental or those incidentals during the period of tenancy.

The expats would return. The question is, what type of expats would give you rental rate that outperforms the industry average.