Quote from: HomeToken on October 05, 2017, 02:30:57 AM

Quote from: ben_btctalk on October 04, 2017, 10:42:41 AM

Quote from: HomeToken on October 02, 2017, 02:02:17 PM

Quote from: ben_btctalk on October 02, 2017, 01:32:42 PM

Is the proof of concept nursing home at full capacity right now?
If it works at full capacity how mıch you get?
And your income from those 2 apartments?

Thanks for your queries Ben!

The nursing home has received it's first couple of residents! It will definitely take time to market it make people aware as it's brand new!

Nonetheless the team has held several open houses and there's an upcoming mid-autumn event this coming Wednesday.

As it is our first, we are gathering feedback from these events.

We also have medical tourists moving in to take advantage of the nursing services available while they're out of hospital. There has been queries about daycare as well.

To cover monthly costs, we only need 20% occupancy and we will surpass that by next month. Current tenants are 100% female at the moment.

There are also certain profiles that we don't accept as it would take too much resources.

The website has been updated recently here: http://www.themansion.com.my/

Yes both the apartments stated on our website is tenanted at close to 10% rental rate/annum. Our studio to an expatriate and our multi room apartment to an IT company.

Thanks for detailed answer.
I think 10% is good rate and %20 occupany for expenses also great rate.

What will be the main targets of apartments? Just rent for a long term or use Airbnb...?

Our target market for our apartments are single expatriates and AirBnB companies!

We sign annual or multi year tenancy agreements with our tenants to avoid rent fluctuations.

Great, thanks again.

Where can we see that how much collected so far? I couldn't find it on the website Embarrassed