[[The crowd was there yesterday with BBB for reasons, many has done due diligence when one spend hours waiting and chit chating you know home works have been done, most are seasons tktt. So when i saw some comments from the other forum "i think buyers forgot one important point, tenants paying high rental won't take MRT with foreign workers"... ya, all the few hundred ppl there all forgot to assess the MRT effect. That's why wtf is still my preferred forum with less fight and spending more time in good sharing.]]

Above comment was taken from PWTF regarding discussion effection of MRT on this thread are more on fighting instead useful sharing...

All taikor taijer, just my sharing here and dun fight me after reading ok  .. public transport in malaysia are goin to upgrading and matured nowadays. The direct linked MRT station will be attract the ppl who prefer to rent n stay here, especially foreign expatriate surrounding even KL city and they are mostly without own transportation but having accommodation allowance by company. Yes that's rite, if a locals afford to pay rm3k/month to rent a condo by itself surely he/she won't prefer to take MRT with foreign  worker with the smelly sweat. I believe that not so many local tenants will rent it by itself but most of it are sharing rental even foreigner too. Its also bring in the consumer group to tropicana gardens mall with this convenient access compare with the Strand mall by Sunway. If regardless the direct linked MRT to the project, is there no ppl going to rent here with this concept and environment? At this moment, MRT is not existing yet...so how is the surrounding rental now? How do you think the rental after MRT station operated and the underpass tunnel completed? Hm....any others sharing? 

I am not saying MY will not end up like a Spain / Greece etc etc.
Our debt ratio is already above 55% I believe...

All I am saying is property debts alone will not be the cause of that downfall (if it happens larr)...there are many other on-going reasons for that...

Type of property purchasers in MY is very different from US...

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Added on October 15, 2012, 6:14 pm
TG studio is a real studio lorr, ie. 1 room, 1 bathroom, 1 wardrobe, 1 kitchen, 1 dining table, 1 sofa, 1 TV.

The 2nd alternative is the 2-bedder, of which the layout I really like a lot. This one is about 750k average.

National Debt

Dangerous level - cos the higher the ratio, the more restrictions the country will face. So all will suffer.
Again, the reasons for this will not be caused by housing loans...

Well said dude, agree with your "no DIBS for subsales" post too 

Ok am not red eye about TG pricing & I admit that my pockets isn't deep enough to take this risk 

I believe that all the property investor will not trying to say that their property investing is not worth to money. Regardless whether is EXPENSIVE / CHEAP investment isn't?

May I know which on going service apartment cum one million sf shopping mall and MRT linked project are selling rm1100psf at KLCC vicinity?

i agree to some extend...but majority of them are buying for investment......not for own stay and catch MRT. just speculation.......

that's why loh.....mrt will not necessarily have positive impact on luxury condos or service apartments......

but maybe the mindset of young generation here will change...like japan hongkong korea n Singapore....

wait....if we think like them...wouldn't we will be like Tokyo hongkong seoul or Singapore lioa???????

Wah real b*llshit spotted. I lived overseas for many years and I know how EXPENSIVE IT IS to maintain a car in Msia, hence why I'm an active proponent of public transport+normal car for night/weekend use. A Altis only costs $20k in the US, where salaries are let's say dollar to dollar with msia and a myvi costs RM40+k. Oh and 40% of my commute to work is via public transport, I drive in all other situations 

I would define it as “supplying period” instead of supply more than demand. If demand more than supply mean there is someone have to stay under the bridge during the dwelling building construction period.

Property Developer will on hold their project launching when there is sign of supply more than demand which happened most in last year 2016. This year, you’ll see a numbers of new launch project pouring into the market after the digestion of supplying period passed over the year and matket products correction. The market confusion on the differential of product between Gov affordable housing and mid high range product by private is ending soon. Different range of house buyer will find their right way of comparing and make the decision on their choice after the confusing period.

One side down another side up. Malaysia’s real estate property are still far far away from the peak. Instead of worrying on price fall or market recession which can recovering from the bottom, I would rather well prepare myself ready for the revolution of century lead by artificial intelligence and data technology.

Which data you’re referring to show the price is on the bottom? Anyway am talking about the real estate property are far away from the peak in compare with a developed country. One side down another side up mean sector A down and sector B up another side. Rental down sales up and sales up then rental down. Property  always a long term investment, if you look for short term investment but choose to entering property investment then this is consequences (a lot people enter at the peak price and struggle to sell now). There is plenty of cash rich shark ready to take up those unit from desperate owner.

For me, sell at reduce profit is the worst scenario. Sell at lost? I choose to rent at low instead.

Theoretical is always stubborn than practical. I only interested to learn more from real time solid investor. Not from Pokémon investor. So I decide to rest. All the best for your investment and thanks for sharing ya 👍

Installment is 28++ and 26++. i averaged the two. cos i was calculating in total. you only need to consider the interest portion. because the principal is your money anyway. maintenance free for first yr.
and studio rental circa 2200 -2500 la. 1700 is for bare unit.

i did mention.  you may have differing opinions.  mind to share your method that you calculate?  no need to condemn one ma share la how u have built your portfolio.
because if u say i lose money.  how do u explain the fact that i can accumulate other properties over the years without forking out cash from my income only relying on funds from property investment.and not have to downgrade but upgrade most of the time.
in the beginning i already said maybe i dont know how to count.  but i know how to buy amd sell.

friend,

whether your purchase is cash, part cash part loan or full loan, it all comes with cost of finance. If you pay cash...you forgone the opportunity to earn interest. If you take loan, you forgone the bank interest.

Your purchase cost....700k net of rebate and discount.
Your upfitting cost.....50k (assumed)....usually upfitting for rental, we write off over 2 years. But you can amortise it over 3 to 5 years, but very unlikely furnitures and etc can last so long if tenanted.

so your net cost of purchase is 700+25 = 725k in order to achieve your rental of 3500pm.
Now....cost of money....you can use loan interest rate but I am sure you didn't get 100LTV. therefore I be kind here...I use fixed interest rate...which is usually lower than loan interest rate of 4.25%.

725k x 4.25% x pm = 2568
mthly maintenance  =   400
total cost of investment = 2968.
rental                           = 3500
+ve cost of cash            = 532

This is just a rough calculation. Am not sure if 4.25% of cost of your property is accurate to the teeth, and I exclude insurance and assessment fee. Still you have +ve cash flow if you rented out at 3500pm.

also there will be perceived capital gain should you sold yr unit.

the standard calculation of rental yield based on market value of the property

3500x12 / 950,000 = 4.4%

note: market value between 900k to 1mil presumed. We take the medium point.

Cash flow and yields are two seperate presentation bro.

You can't find yr assets in profit and loss statement.

Cash flow i already presented earlier.....

Basically if owner managed to rent out at 3500 fully furnished....with earlier entry price....there is chance of +ve cash flow.

But whether you can find another tenant to pay 3500 again....thats yet to be seen.

first year free maintainence.
so rental in arnica should increase after first year hopefully.