What you should know about the current post-pandemic rental market & how to pivot to a better position.
Current Situation (from pre-pandemic to post-pandemic):
- Hotel Occupancy: 75% --> 15%
- Hotel (3 Stars) Average Day Rates: RM180 --> RM65
- 3-Bed Apartment Monthly Rental: RM2200 --> RM1200
What is Utopia Transform:
Utopia Transform Plan • Transform • Rent strategy optimises Homes (condominium or landed houses), Hotel, or Shoplot into room rental ready property.
With over 600 Transformations under the belt, our team are able to implement strategies that will get the most out of your property.
In additions, with Utopia's advance marketing & sales strategy and 3000-tenants strong referral program, you will also be able to rent out your rooms in no time.
Returns & ROI:
Utopia Transform focuses on low risk high value investment to elevate property rental return up to 12%. Our partners are also able to recuperate all investments within 2 to 16 months period.
- Hotel, Shoplot, Condominium & Houses with combined square-footage of 1000sf and above.
- Property that are located at strategic location (preferably walking distance to train station).