REAP WHAT YOU SOW
This Saturday, I went to Atria OSK Property Showroom. I asked the receptionist about the furniture and fittings provided for my Type B – Lifestyle unit.
He gladly printed me the furniture and fittings for my unit.
I didn’t know that OSK provided curtain/blind for my unit.
At same time, the receptionist informed me expected Vacant Possession is by June 2019.
While at the OSK Property Showroom, I took the opportunity to take photos of Windmill Upon Hills mock up.
I bought one condominium at Windmill Upon Hills last year. I want to do AirBnb.
and few more.
Now my next concern what would be the occupancy rate of Genting Highland AirBnb.
To do that, I compare with Midhill condominium as it is already completed and similar concept with Windmill Upon Hills and owners already rent them out as AirBnb units.
I calculate how many days a unit is occupied in a month. A unit is occupied if on the day it is strike through.
Then I compiled few units and calculate average occupancy rate and I did it for few months.
Occupancy rate is still low around 35%, maybe 20th Century Theme is not yet opened.
It is way off from my estimation of 90% plus from my previous post Genting Rooms Occupancy Rate Estimation
I noticed there are agents who manage the AirBnB units (have same owners for different units) which is good for me as in long term I plan to outsource my AirBnb unit management.
Windmill Upon Hills is a freehold condominium located at Genting Highland, Pahang. Specifically it is located at Genting Permai near Petron and Starbucks.
Below are pictures that I compiled from February 2017 till August 2019.
Updated till August 2019.
Target completion is October 2019.
(sources from Windmill Upon Hills Facebook & others)
Please join owner Windmill Upon Hills Telegram Group Chat
