QUOTE(darween13 @ Oct 22 2013, 04:11 PM)
Rental agreement got how many more years left?
Depends on your risk appetite lo. Can you hold without the rental income with this new addition of SEH?
And, there will be some tightening in new launch sale effectively leveling the subsale and new launch prop market except that MOT, legal fee and SPA may still be borne by developer.
However, developers can be creative and bend the rule to continue with DIBS in different way but buying a house will not be any easier going forward, even if new launch. From that perspective, you have a chance of selling your unit even when there are new launch - the gap between subsale and new launch will be you capital gain.
However, should there be a burst in bubble, then price correction and all, may not be so easy to dispose without a haircut.
So, then again depends on risk appetite. Location of the property is also another factor to consider.
I bought this unit together with tenancy agreement last ur July n immediate got new tenant after the original tenancy expired in Aug this year. Getting a tenant has not been an issue. The transition period of tenant moved out n in only 1 week. FYI, this is studio unit serviced apt at KLCC n this new tenant is working in Cyberjaya. I was shocked n asked why he choose to rent here. His answer is "nothing much in Cyberjaya". He is an expatriate.Depends on your risk appetite lo. Can you hold without the rental income with this new addition of SEH?
And, there will be some tightening in new launch sale effectively leveling the subsale and new launch prop market except that MOT, legal fee and SPA may still be borne by developer.
However, developers can be creative and bend the rule to continue with DIBS in different way but buying a house will not be any easier going forward, even if new launch. From that perspective, you have a chance of selling your unit even when there are new launch - the gap between subsale and new launch will be you capital gain.
However, should there be a burst in bubble, then price correction and all, may not be so easy to dispose without a haircut.
So, then again depends on risk appetite. Location of the property is also another factor to consider.
I have no issue to service my loan instalment even without rental n the addition of SEH. Anyway, thanks for for your tips.
Oct 22 2013, 06:25 PM

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