$3.5 to $4.5 psf per month.

This post has been edited by icemanfx: Oct 9 2019, 10:27 PM

Not even enough to cover your monthly installment if like that.

The 861psf corner units is about RM850k net of discount for middle level units now I think.

If charge RM4psf that would be roughly give you about RM3,500 rental.

If you take about RM765k loan, you will be paying about RM3,715 per month roughly

This exclude maintenance fee/sinking fund & also your own apartment maintenance. Not to mention the cost to furnish the property.

You will definitely not going to make a dime from renting out Lot 15.


Like I've said from the beginning. Lot 15 is not meant for renting out... it is just too expensive to even consider renting out..


RM6psf is more realistic if you ask me. After deducting maintenance fee/sinking fund and the monthly loan repayment... I believe you would have at least a small margin of profit

This post has been edited by holypredator: Oct 10 2019, 01:32 AM

If rental could cover loan repayment, all qualified tenants would buy.

RM6psf can only apply in select areas of KL. That kind of rate in SJ potential tenants would laugh at the owner

In any case, any new properties outside of KL can command rent which can cover the monthly loan instalment?

That is a rough indication on your rental yield, you don't even need to calculate out to know that it is well below expectation if you rent at RM3.5psf to RM4.5psf

Let me calculate out for you since you can't see it directly.

RM3,500 x 12 = RM42,000 per annum rental income

The Net Rental Yield is calculated as;

(RM42,000 – RM5,166)/RM850,000 x 100 = 4.33% per annum

FD rates hover around 4% p.a. (some premier banking offer up to 4.5% depending on your portfolio).

When you know your rental yield is less than FD, you are done F up.

A good rental yield is about 8% (so called being able to make a good "average" profit margin in your lifetime).

Bear in mind that the above calculation of net rental yield is actually much lower in real life :

*I'm giving a conservative RM5,166 maintenance fee (only considering maintenance fee + sinking fund without even factoring own property maintenance)
*Property value is excluded renovation, furnishing and other cost

This post has been edited by holypredator: Oct 10 2019, 09:15 AM

8% rental yield only occur at mk for a short period of time else unlikely in this country.

Not really... most properties 10 years back would have high rental yields. If rental never increase much but property price kept going up.... how?

When Lot 15 is priced like a property PSF like Bangsar South but can't get bangsar south level rate of rental, you already know Lot 15 isn't suitable for rental.

In fact, like I've mentioned countless time, SS16 isn't prime location. When they price their property close to bangsar south but rental isn't even near there... it feels like siok sendiri only

Seriously though.... anyone who thought of buying Lot 15 for renting purposes must have not done their math or homework properly.

This post has been edited by holypredator: Oct 10 2019, 10:08 AM

I think a lot of people are dreaming here....

rm6psf only applicable to KL Sentral and KLCC proper itself.
the rest of areas, can get btw 4 to 6psf already go to praying house pai pai already.

Exactly right? I mean RM6 psf rental is so very rare, even in KL. More than RM4 psf outside of KL can thank all the gods already

I would say 2 to 4psf is likely for outside KL Cbd.

fact ppl don't want to accept, fairly tales are their best friends....

dun want to teach ppl here already......nanti kena tambak sampai mati…..much like your avatar....

Not bad even if RM3.5~RM4.0 psf. That will be about RM2100 ~ RM2500 for the smallest 624 sft. Quite decent rate

The problem is that the property price for Lot 15 is not cheap.

Refer to my calculation above, you can see that the rental yield is only 4+%... at that rate, you might as well just invest in FD if your strategy is to rent it out.

Bear in mind that the rental yield computation does not factor in bank loan interest. Effectively, if you took loan to buy the property and your strategy is to rent, you are literally bleeding money.

The way I see it, Lot 15 is meant for own stay only.

I got a house in kinrara that pays itself (90% loan) + profit that I bought 15 years back.

Rent to cover loan installment is not an uncommon thing. If you only look at property like the ones by sime @ SJCC, con9lan7firm you don't need to hope to service your loan with rent lo.

Already said many times, Lot 15 is meant for own stay rather than investment. You already know SJCC cannot yield high rents like bangsar south but buy property priced like bangsar south and your plan was to "invest", don't you think it is suicide?

This post has been edited by holypredator: Oct 10 2019, 04:56 PM

your loan was 15yrs old loan or recently refinance it and your new repayment still be able to cover and provide positive cash flow?

am sure even for lot 15, 15 yrs later your rent surely be able to cover your loan repayment.

The keyword is 10 years back. What is the ROI for your Kinrara house for new buyer (subsale) now? If based on your deduction then all investor must buy ONLY in Bangsar South lor. But sometimes you also promote Bukit Jalil. Sometime another place.

Agree with bro Bean

Bottom line is renting for Lot 15 is not the best idea...

Just do the math and you will know it..

Why u cant provide in-depth analysis and comparison of your Kinrara house with current market value and rental for investment purpose?

Better still do enlightened us on your ‘investment’ ROI for the house when you ‘bought’ it and the ‘rental rate’ then. We can learn a lot more from your investment strategy

This post has been edited by deed: Oct 12 2019, 08:58 AM

everything is wrong about this LOT15.

saying betuh.