Hi Max,
Many investors would like to have the yield you expected ie. 7.89% gross yield per annum. Although it is not impossible to achieve such yield, it is rather difficult to get it in the secondary market where the common yields are 5% on average. You may be able to speculate and obtain a high yield if you buy relatively cheaper from the developer's primary market a few years ago. Unfortunately, the developerices are no longer cheaper than the secondary market anymore due to higher construction and workman costs. We have a new project in KL that provides a GRR of 6% for 2 years only. Commercial office may achieve higher yield. Email me at davidwong@quantumrealestate.com.my, if you need further advise. Thank you.
David Wong
Principal
QUANTUM real estate
h/p
+60193330573
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