QUOTE(yang1976 @ Jul 22 2013, 09:08 AM)
RM2200 rental is low, even quality expat not likely to move in, probably Seringin need to drive this later. 1168sf will be favorable to PH. I turn down PH even with extra Rm300 rental in Tmn Desa, not worth it later a lot of issues. I do hope more owners stay with actual holding power, or even welcome flippers bcos high price simply cant cover by rental. Planning to stay for next 5 yrs + .... cheers!
I agree with you !
The rent of RM 2200 is NOT enough to cover monthly bank and maintenance bill .
For guys past 50s who buy GR - how many years more can bank give for Loan? 15 years loan or 20?
10 years should be ideal to minimize the interest charge on Loan . With sub sale touching 700k minimum for 1168 sq ft. N 80% loan that amt paid to bank , 2200 rent is NOT SUFFICIENT !!!!
If rent so low we attract lower class tenants who may damage the furnishings n things like door to taps n etc
Repair these days cost hundreds or thousands eg to replace a door cost rm 450 minimum n already is 20% of 2200 rental !!
The iProperty rental or rentals proposed by
Agents are very low for GR
AT LEAST. 3000 minimum. For 1168 sq ft
Expats ?
I can only think of expat Ind from India who are able to pay such amt eg midfields condo where expats will be expats from India - and not Masaleh and not Japanese .
Expat India budgets range between rm 1800 - 2500