Location near varsity makes Lodge Residence a good investment
PROSPECTIVE property investors often look for projects that offer a high resale value or a good rental yield.
Among some of the best options for a good property for rental is somewhere near a university, which ensures a steady stream of students.
And one such property that investors should consider is the Lodge Residence by Putra Nilai Development Sdn Bhd.
Located in Putra Nilai and just within walking distance from the Nilai University, the student residence project would be featured at the upcoming Star Property Fair 2015 next week.
Featuring 928 units, the project offers seven types of floor plans. The floor plans are generally divided into four types of single-bed layout and three types of double-bed layout.
The layout area ranges from 143sq ft to 259sq ft and each unit comes with its own bathroom.
Prospective buyers can choose to lease out the units to the developer to gain rental yields for up to 12 years.
Other projects that would also be showcased by Putra Nilai Development during the fair include the Bellina Villas and Damai Floresta.
The Bellina Villas project presents an enclave of double-storey semi-detached homes with a huge land area of 12.19m x 30.48m, and is located next to a golf resort.
On the other hand, the Damai Floresta project offers two-and-a-half storey semi-detached and cluster homes in Putra Nilai, situated at Nilai Springs Golf and Country Club.
The semi-detached units comprise of a spacious 4,208sq ft while the cluster homes feature an equally sprawling 3,513sq ft.
For details of the projects, log on to putranilai.com.my or call 06-8501888.
Those who are interested could also head over to the Putra Nilai Development Sdn Bhd booth at the Star Property Fair at Gurney Plaza and G Hotel from July 9 to 12 between 10am to 10pm.
The Star Property Fair, now into its 13th year, is the grandest property showcase in the northern region.
This year, more than 40 exhibitors will be taking part in the four-day fair.
Visitors can also attend talks and forums conducted by specialists in their fields to get useful information on property-related topics.
Admission is free and visitors stand a chance to win more than RM100,000 worth of prizes daily including five tablets and/or handphones and lots of other attractive prizes.
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