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> Investment In Property At Kampar, Nearby UTAR, - Advice Needed -

John Smith
post Aug 17 2009, 08:57 PM


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Last week I sent my daughter back to UTAR Campus at Kampar and go round to look for houses for rent. I am trying to look for her a house which she could stay with 2 or 3 friends as presently she is staying in a house with 13 students.

I personally feel it is not conducive for study.

I found a housing scheme by the name of Taman Aman at Mambang Diawan(not too far from Kampar town, in the Chinese village) with a few single storey houses for sale. The house is fully tiled with aluminium sliding door and window (tinted glass). 3 bedrooms and 2 bathroom and only asking for 63,000.

IS IT WORTH TO BUY ? If the house is to be rented out to say 4 or 5 students and each pay RM100.00 . The rental is already 4 to 5 hundred which is more than enough to pay for bank instalment.

Surrounding are market and shops so "makan" is not a problem. Only say 10 minutes drive from the UTAR campus.

ANY ONE CAN ADVISE?
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aramis888
post Aug 17 2009, 09:06 PM


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I believe if you do it like those houses in Taman Bunga Raya near TAR College in KL, it is even better. They partition it into many small partitions and rent it out to at least 10 students! smile.gif
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John Smith
post Aug 17 2009, 11:05 PM


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QUOTE(aramis888 @ Aug 17 2009, 09:06 PM)
I believe if you do it like those houses in Taman Bunga Raya near TAR College in KL, it is even better. They partition it into many small partitions and rent it out to at least 10 students! smile.gif
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I think the maximum number should not exceed six. Means each room 2 students.

Worth to invest?
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Calmman
post Aug 18 2009, 06:53 PM


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QUOTE(John Smith @ Aug 17 2009, 11:05 PM)
I think the maximum number should not exceed six. Means each room 2 students.

Worth to invest?
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At that price which is cheaper then a car, worth to consider!!

After all property price will appreciate and unlike cars, you will sell at a lost.

If your daughter need to spend 3 years there, it is a good investment for you since you can easily rent out the rooms with your daughter's contact. brows.gif

BTW, where is the actual location of this housing scheme? Who is the developer?
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li_ping
post Aug 18 2009, 07:07 PM


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RM 63,000 only? I think it's very cheap already.
New houses at Kampar is priced at RM 400k+
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John Smith
post Aug 19 2009, 09:12 AM


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QUOTE(Calmman @ Aug 18 2009, 06:53 PM)
At that price which is cheaper then a car, worth to consider!!

After all property price will appreciate and unlike cars, you will sell at a lost.

If your daughter need to spend 3 years there, it is a good investment for you since you can easily rent out the rooms with your daughter's contact. brows.gif

BTW, where is the actual location of this housing scheme? Who is the developer?
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On the way to Teluk Intan, I don't know who is the developer.

These are completed single storey houses. They only put up stickers on the sliding doors. Contact Puan Nor. H/P:017-558 7720 / 017-279 1182
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wong7771
post Aug 19 2009, 12:38 PM


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QUOTE(John Smith @ Aug 19 2009, 09:12 AM)
On the way to Teluk Intan, I don't know who is the developer.

These are completed single storey houses. They only put up stickers on the sliding doors. Contact Puan Nor. H/P:017-558 7720 / 017-279 1182
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It depends on whether you want have good return on your investment or not? Mambang Diawan didnt ganrantee a good return, since it is far away (it consider far for those stay in Kampar) from TAR area.

Inside the Bandar Baru will ganrantee a good return and it need to take 3 to 5 years to gather the headcount, just like Setapak area. of coz, the property is not cheap in bandar baru even for Kamparian to purchased a RM160k in Kampar????? worth or not?

I will suggest just browse around the Kampar town, see whether there is any new development or not?

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John Smith
post Aug 19 2009, 07:09 PM


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QUOTE(wong7771 @ Aug 19 2009, 12:38 PM)
It depends on whether you want have good return on your investment or not? Mambang Diawan didnt ganrantee a good return, since it is far away (it consider far for those stay in Kampar) from TAR area.

Inside the Bandar Baru will ganrantee a good return and it need to take 3 to 5 years to gather the headcount, just like Setapak area. of coz, the property is not cheap in bandar baru even for Kamparian to purchased a RM160k in Kampar????? worth or not?

I will suggest just browse around the Kampar town, see whether there is any new development or not?
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@li_ping, New houses at Kampar is priced at RM400K+.


Investment = 63,000
Rental income = 6 students x 100 x 12months = 7,200
ROI per annum = 7,200 / 63,000 = 11.4%


Investment = 400,000
Rental income = 13 students x 150 x 12 months = 23400
ROI per annum = 5.85%

What is your opinion?
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wong7771
post Aug 20 2009, 09:37 AM


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QUOTE(John Smith @ Aug 19 2009, 07:09 PM)
@li_ping, New houses at Kampar is priced at RM400K+.
Investment = 63,000
Rental income = 6 students x 100 x 12months = 7,200
ROI per annum = 7,200 / 63,000 = 11.4%
Investment = 400,000
Rental income = 13 students x 150 x 12 months = 23400
ROI per annum = 5.85%

What is your opinion?
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Hi John,

Thanks for your good explanation.

Your rental income in Mambang Diawan, perhaps only valid for 3 years only. But how about after your daugther was gradute? I strongly believe the student in UTAR would not stay so far away. Secondly, the student like to ride bicycle to lecture hall and tuition. In the TAR culture, the students like to gather around to have a cup of tea at the night time.

In fact, you can look around the houses (Second Hand house) around Bandar Baru, it is range between RM150K - RM200K. I not will invest such a expensive house in Kampar for RM400K also.
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John Smith
post Aug 22 2009, 12:01 AM


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QUOTE(wong7771 @ Aug 20 2009, 09:37 AM)
Hi John,

Thanks for your good explanation.

Your rental income in Mambang Diawan, perhaps only valid for 3 years only. But how about after your daugther was gradute? I strongly believe the student in UTAR would not stay so far away. Secondly, the student like to ride bicycle to lecture hall and tuition. In the TAR culture, the students like to gather around to have a cup of tea at the night time.

In fact, you can look around the houses (Second Hand house) around Bandar Baru, it is range between RM150K - RM200K. I not will invest such a expensive house in Kampar for RM400K also.
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After 3 years ?? may be after 3 years more students will get to know the place and the rental will go up drool.gif

ride bicycle ?? not motor cycle or car ??

When I studied in TARC main campus some 25 years ago, most of us rode motorcycles and at first we chose Taman Bungaraya in the 1st year, for 2nd and 3rd year students most of them moved to Setapak, Melawati and Permata etc which are more quite and conducive for study.

I do not know the culture of youngsters nowadays, I am seriously considering to buy as with RM63,000 to buy a landed property, it may be similar to buy a property in Setapak or Permata / Melawati which at those days took us around 20 minutes to reach the campus.

Property price and its rental will only go up but not come down moreover the number of students will increase too cool2.gif


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Super_Lutein
post Aug 24 2009, 05:01 PM


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That’s true, I agree with john smith,
properties are going high day by day, so it’s no issue that the property investment is the business of lose... Not at all whistling.gif
So if you can buy the house in 63,000/= only, then it’s really very cheap already, and as these house are on installments, so I think it’s free for buyer, bcoz your installments are coming from the student's rent

What about the down payment Mr. John? hmm.gif
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trojant
post Aug 24 2009, 05:09 PM


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QUOTE(John Smith @ Aug 19 2009, 08:09 PM)
@li_ping, New houses at Kampar is priced at RM400K+.
Investment = 63,000
Rental income = 6 students x 100 x 12months = 7,200
ROI per annum = 7,200 / 63,000 = 11.4%
Investment = 400,000
Rental income = 13 students x 150 x 12 months = 23400
ROI per annum = 5.85%

What is your opinion?
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r u sure got 400k+ house in Kampar? U can buy one in Klang Valley liao...
i think even bungalow won't cause so much hmm.gif hmm.gif

This post has been edited by trojant: Aug 24 2009, 05:10 PM
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kimhoong
post Aug 25 2009, 11:59 AM


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John,

Seriously, Mambang Diawan is not "NEAR" to UTAR/KTAR area.

If you don't mind buy-and-rebuild, you can look at nearby taman brows.gif sound feasible to me smile.gif
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779364
post Mar 11 2011, 12:44 PM


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I can seriously tell you that it would be a mistake to buy in Mambang Diawan. Not what I will call near.

You have to consider the fact that not all students will have liberty of owning a car to drive to school. Nearly 80% uses bicycle/ electric bike to ride to campus.

Even by car, driving from Mambang Diawan to UTAR campus takes 15 minutes. I travel along that road alot of times so I can roughly estimate its around that time.
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wpq8355
post Mar 24 2011, 03:01 PM


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go for kampar putra landed. fully furnish. 4 bathroom 4 rooms. 3 aircon, etc. start 20x70. rm180k up
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eXTaTine
post Mar 24 2011, 06:44 PM


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The guy posted 2 years ago and you're giving him advice now??? Sheesh....This thread should be closed.
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