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QUOTE(rakyat @ Nov 11 2009, 04:49 PM)
Hence never buy properties with rental income < monhtly cost unless your are gunning for capital appreciation. Thats a different ballgame.
if manage to get RM1000 as rental quite ok dy la...if TS opts to go for like 30years tenure, repayment is only RM854.00/month + RM140 = RM994...rental RM1000, untung RM6 per month
what TS didnt realize are the hidden charges & other costs which may arise in the duration of rental. repair works, all needs to be borne by the owner..if tenant request for this & that, lagi
not sure if the rental price is fully furnished or basic unit...if its f/furnished unit, then need to invest like RM30-40k (min) in renovation & furnitures...
to me, investing in a property, which is quite affordable to majority working adults....and expecting high yield return is a little bit far fetch.
i actually have a bit of doubt as to the rental figures provided by TS...RM200k apartment can earn RM1000/month in rental..when the repayment to bank is around the same figure...if one can afford to rent RM1000, why not buy the unit & pay RM1000 as loan repayment rather than rental?
moreover, if the yield is so good, why would original owner wanna sell off? why not keep it for investment themselves? i own a unit in D'sara Perdana too...to me, the supply is a LOT more than the actual demand...not to mentioned Tropics' already been built quite few years already, while MSQ is quite new...if i wanna rent, sorry to say this but MSQ will be my first choice..
sorry pour cold water...its just my two cents...
Nov 12 2009, 12:03 AM

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