Sunday, September 13, 2009

MiCasa8 - 2010

Google, google and still googling.

Due to popular demands from google search results looking for MiCasa8 for 2010, I'll let you guys into a few small inside news!

For those that have been looking for accomodation this year, you'd definetely learned a big lesson to start looking for places to stay before you go back for summer holiday. Hundreds of students were left without an apartment in MiCasa8 in 2009 hence took a less desirable accommodation.

Anyway, for those first year students coming to Melbourne, do heed my advice. Start your house hunting around Oct/Nov 09.

Rental price for MiCasa8 hasn't been confirmed yet as it's still too early. Having said that, we're expecting the pricing to be finalised in the next few weeks!

Vacancy rate is hard to predict at the moment but I'm guessing there'll probably be just about half the building vacating at the end of their tenancy. So the number is around 100 apartments. Most second year building only has renewal rate about 20% or so but MiCasa8 could be a different story.

There're currently about 40 renewal requests already and we still have a long way to go before the students finally decide on their plan for 2010.

Total apartments in MiCasa8 for rent is about 205.

No comments: