Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 CLOSED, CLOSED tQ tQ

views
     
daryl.k
post Nov 12 2009, 12:03 AM

Casual
***
Junior Member
467 posts

Joined: Feb 2007


» Click to show Spoiler - click again to hide... «



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.

*
based on TS analysis over 3-4months, and based on property no 1, even if its a 100% loan of RM195k, (say) 3.3% interest p.a. 20yrs tenure, repayment per month is RM1110 + RM140 maintenance = RM1250.

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 rclxms.gif

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 rclxub.gif

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...


Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0164sec    2.37    6 queries    GZIP Disabled
Time is now: 23rd December 2025 - 03:24 AM