Just somehow found this post I almost a decade ago. How much things has changed for myself but to give a lil update here-

- I bought a 1080sf unit 9 years back at RM180,000
- SOLD it off 3 years back at RM280,000

I never stayed at the unit but mainly rented it out. During the duration of renting it out, I found myself struggling in getting a steady paying tenant. All my tenants never stayed the full 2 years contract. Some just a couple of months and bailed - damaging the built in cabinets, furniture & etc without compensation.

Two horrible tenants stood out to me
1. Indian lady said renting for her and her female friend. When I dropped by to check as Electricity bills were not paid, a whole bunch of Nigerian men were there who did not know my tenant. I called my tenant, and she said it was her boyfriend. In the end, found out she rented it for a bunch of Nigerians, I accepted with a copy of their passport. But one day they bailed leaving me with a heavy TNB and Water billl.

2. Malay couple who just got married. Lady was a teacher, Male was looking employment after graduation. Could only pay a portion of the deposit but they seem trustworthy and a nice couple just wanting to start of their lives. However, they were always late on payment and often bargained delayed payment which never caught up. One random evening, I received a call saying my unit was haunted by a girl who hangged herself on the hall fan. They said the unit brought them bad luck and I lied to them about it being a safe place. I let them slide, they did not pay me back the rental owed and left with a heavy TNB and Waterbill.

Looking back at it, it was a worthwhile experience. However, I'm glad to have sold my unit - less worry to think about.

The person who bought the unit shared with me plans on splitting the unit into multiple rooms (even the hall to be broken into 3 rooms) and renting it out by individual rooms.

I never knew what turn out from the unit and I've never been back there since then.

TLDR: Worth the investment back then.