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Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail

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keneeth111
post Oct 27 2014, 08:20 AM

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QUOTE(R o Y @ Oct 26 2014, 11:34 PM)
That's the Million Dollar question all the buyers are asking, but looks like no one is prepared to answer yet =)

We all wait and see lor...
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I thought there were already few SOVO/SOFO/SOLO development of which have been used as residential in KV............

Empire Damansara is one of them..but i reckon Empire Damansara is SOHO unit...so residential okay..........

Can anyone verify in our everything "boleh"land........?
keneeth111
post Jun 22 2016, 12:17 PM

On my way
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QUOTE(gks @ Jun 20 2016, 01:38 PM)
My fren who spent less than RM10K renovation manage to rent out his studio to professional for RM2.3K within 2 weeks after reno completed. For studio... as far as I know.. demand > supply for furnished unit.

As for Airbnb.. I do not know why landlord want to rent out to the operatror if the rate is similar to the rent out to individual tenant. They better make sure they have waterproof tenancy as I believe most likely the furniture will be gone case after a year.

A lot of investors focus on the yield and totally forgot about liquidity part.. In my book, I rather have something that can be rented out in 2 weeks but with yield of 5% rather than a property that can get 6-8% but need to wait months before securing a tenant.
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ermmm....congrats on your fren's excellent deal..... rclxms.gif

(most of the time, Malaysian's abbreviation my fren/cousin = I) keke........

If the property could get 6-8% rental yield, that also generally means their liquidity is strong.....

If liquidity is not there, sooner or later the rental yield ll drop from 6-8%, no?

m2c.........

maybe gks boss can quote example for a 5% yield property vs 6-8% yield property......

thanks for sharing in advance.........



keneeth111
post Jun 23 2016, 11:00 PM

On my way
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Senior Member
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QUOTE(gks @ Jun 23 2016, 06:52 PM)
Have you receive your utility bill so far?

Assume u get RM3.5K.. 20% off to airbnb operator...

Utilities - broadband, water and electricity another RM400-500.. u r left with RM2.3K.

Wouldn't it better u rent to single tenant?

Dun forget by end of year one... probably all your furniture/ appliances been thrashed. You better insert clause operator is require to reinstate furniture to original condition. I assume you also need to bear cable tv subscription.
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good point gks boss,

some said your unit/furniture/appliances are better taken care of by airbnb since

they do cleaning every time that the tenants move out.........

plus, furnitures and appliances are least used by airbnb tenants who is only staying for very short term........

so which is which......

depends on you seee ^^
keneeth111
post Jun 24 2016, 07:20 AM

On my way
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QUOTE(ManutdGiggs @ Jun 24 2016, 06:21 AM)
I'm using airbnb but not in malai. Let me go try out n c.
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ManutdGiggs boss, let us have the update.........



 

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