You first need to know if there is anymore potential upside for existing unit... Though from 280 to 500 in 2 years is very respectable already

Have you check with bank on your loan capacity? Since you are paying 1.4K as rental, you can get a condo within your budget, use the master room and rent out rest of the bedrooms.

I guess there will still be. Strong demand for the property. Cause that's the only condo in that area. Near Kampung Tunku. Less than 5 mins walk to LRT.

Errrm, looking for landed property in Shah Alam for own stay. Cause i heard, can't really buy landed properties with G&G concept at a lower price nowadays.. Eyeing @ Ken Rimba.

with that % of cash flow, i die die oso wont sell.. mayb refinance

on the buy for own stay house, try stretch a bit with help from spouse n family.. but don go too luxury, something decent & safe will be good

Refinance is better option. This is big positive cash flow property

Depends on the purpose. If one has too many properties, although all are giving very good, positive cash flow, it's still best to consolidate to have less properties. For example, if one has 3 RM300k properties and is planning to get a fourth prop, also at RM300k, he/she will need at least 30% downpayment. Instead, I would rather sell all 3 and get 2 properties worth RM700k each. It's pretty much the same as refinancing, as one will be taking loans that is based on the property's current market value. Refinancing a current property will give cash but without a doubt also increase the monthly installment.

Mathematically, it will work out to be the same.

For me, 3 props better than 2 props due to:
1. More diversified.
2. I guess it is easier to go from 300k to 400k, than from 700k to 800k?

But more props more hassle, may lose some precious family time. just m2c. cheers

Yeah. I have the same opinions as well.

Yeah. I agree as well... Refinancing will add up to the debt income ratio as well.

well considered.. good option indeed

Example was given based on my experience and current position actually, LMAO.
I have 2 properties already, market value of each one is around RM300k+ now. Planning to get another one, around RM350k, but it means having to fork out 25% of the purchase price since LTV only 70% for the 3rd property. Luckily developer giving some rebate to cushion the impact. Regret that I diversified too much... :-(

I think I won't be touching properties for a long time (at least a few years down the road). Because if I do, I will sell my first 2 properties in order to buy my next one (so that I am entitled to 90% loan). And both still are within loan lock down period. Might also be taxed for RPGT since net profit will be more than RM100k for the first property. Damn.

actually thats the main issue of the most investor nowdays ... they diversified too much without considering the real risk once economy hit.. most will suffer n some will sapu

staying prudent while others is shopping spree... n start shopping when everyone is scared

actually, how do you determine when's when going to happen. Even if everything going down south you will still be hesitating, on the other hand if properties keep increasing is it a mistake leveraging ur money on property instead of keeping in the bank?

that my friend.. is up to each individual to decide

Bro, what do you mean by "cash rich"? If really cash rich, we can buy any property in zero loan

I am fine with the installment, now the problem is how to make the applied loan approve.

+1

Can use your triumph card "RPGT exemption once in a life time" unless you want to keep it for later use.

Hahahaha, triumph card for a net profit of RM120k only? LOL
That means a tax of RM12k if within 2-5 years.

To make matters worse, exemption is for RM10k and below.

I think I'll only use triumph card much later on in life, then dealing with profits of a few hundred k...

Lol...tats what I thought too. Better use it to slaughter big fish. Hopefully government don't take away this entitlement.