Mind sharing the incident? Would be helpful for future property buyer thanks 😊

Bruh the hidden / convertible bed thing will not last lol if you pull up and down very often. I can see how 4 people sleep in it but not 6. Even then there will be hell of a lot problem with the arrangement. i.e no privacy, can't use downstairs electronics (stove and tv ) if the person sleeping downstairs don't want any noise.

wtf joined Oct 2019 already three hundred posts. too active or no life

BEANCOUNTER got banned

ya lah he use that acc comment here sure kena shoot one so changed acc

the thought of two person having the same style of speech in the same forum topic is too "scary" to contemplate. add to the fact that mr bean has stopped commenting. i dont know what to make of this

not surprising la. how was all the defect fixing going? anyone mind to shed a light on it? it's been too quiet .
price should be higher once the defects are dealt with

ok lo sure your unit 100k ff , ROI very high


BEANCOUNTER dont hide behind new account. the way to meticulously reply is very obvious bro

studio? 2 rooms or 3?

whole unit rented out or separately by rooms? that's actually decent

ignore him. he's just being condescending. talk to others. they are more sensible. FF has grade , lmao who set those "grade"s ?

ok then i am very new to property. i didnt know LAD is counted in ROI. but wouldn't it be unsustainable in the long term? assuming you use up LAD in the first few years?

i didn't know the layout. my bad. so its duplex + studio type as we seen earlier?

i see it now. so after SPA price - LAD then the ROI higher am i right?

my good sir, you're a special kind of people. i small bean only ok i use decent reno but not ID CUSTOM MADE TO FIT n Italian furniture. my target is more middle income level of people unlike your ATAS customers. sorry for being stupid. i was thinking, mathematically, if you spent 30k to reno a unit to get rm500 more than other units. you need 30000 / 500 = 60 months to break even on the amount you spent for it. then wouldn't the deficit continue to snowball as you have to do maintenance on it so maybe will take another 1 year to breakeven, if ever. just wondering. i understand that to stand out you needed to be special, to do what others not willing to. but market now very hard to breakeven on installment + maintenance fees with rentals, so is renovation cost is written off when calculating ROI? so we only focus on rental vs installment?


as not many people will take on bare unit, so is renovation cost acceptable losses?


"what did you learn from sean tan? 1st thing he checked in an apartment is what brand electrical appliances n sanitarywares. why?"
this could be one of a million reasons he checked on brands and what nots. maybe he is particular about using branded electrical appliances. like someone will check on fengshui of a unit before anything else. so what's your point.

thanks aaron, never bought project with LAD before. then its very advantageous to owners who did receive LAD as they can quote more affordable rent then easier to get tenant, compared to those who didn't

yeah i normally get student as tenant, and deal directly with their parents. some others are normal working class who dont need extravagant furnishing . simple life and decent people. i do vet tenant.

"Sometimes it is not to get recover the extra 30k" yeap. i did not assume i would get it back since the beginning but hopefully it helps getting even with installment for a few years then its fine. just curious how all those sifus calculate.

"alamak Song CHing, please don't pretend innocent lah….the story of Sean Tan above is to make sure when you bought a property, has the developer done enough to provide you good grade electrical appliances and sanitarywares boh?"
provided developer has made good enough job on the outer looks to pique buyer/renters interest to look at the inside. when you said looking at the bigger/wider picture, why focus on the small small electrical appliances that costs much less to replace , than the building itself?

treat me as really innocent /stupid pls. but riddle me this
1. i have not been in this "game" for long. but you can't be looking for buyer and tenant just as the unit VP right? say you VP this month. found a tenant, and you found a buyer few months down the road. what if the tenant dont wanna move out and new buyer wanted to move in ? i dont think fellow investor would want to buy a tenanted unit at higher price, as that would lower their profit margin or getting them into the red.. and you wouldn't sell at a loss right? cause that would be stupid. or do you mean finding buyer when the tenancy is coming to an end?
it might work, but at what point do you decide to sell ? do you factor renovation into the price you sell ? cause some buyers might not want what you did to the unit and have ideas of renovation on their own. they dont have to accept whatever what you try to shove down their throat right? doesn't this means your reno cost didnt really do much in getting a buyer for you ? maybe they just like the spot or view. or you only find buyers that likes the renovation ? what if the design was damaged by previous tenant? i havent heard of anyone moving into new home without furnishing tho, so i can't really relate to the idea of furnishing the unit properly to attract buyer, but tenant yes.
"if you constantly looking at immediate short term gain, or looking at cut down short term loss, meaning you are missing the bigger picture."
if you lose a little bit every month, to wait years for the big profit, you kinda overlooking the small loss which when added up chips away at your "big profit". am i wrong?
in the end, it's a numbers game right?
i don't do emotion, cause the price quoted by agents and websites are abit low, my logic is that the lowest price found is the limit which renters would not settle for, if you're asking for rents of a project, lowest you can find is 2200, means that its easier to rent out when you place your rents below 2200, and the higher from the lowest asking rent you can find the harder you can find tenant, i am not saying you couldn't. but niche design not really a trend here. those who can afford to pay so high a rent probably could straight up buys it but prefers not to, which itself is rare? if a lot of units are quoting at much lesser than their monthly installment then it generally reflects that the rental rate for majority of the owner is not going good? there's surely some exception but you cannot represent majority of the owner right?
owner has a range of rent their are okay with, so does the renter. they might be okay with say 2k rent in this place thats why we see a lot of units asking for 2200 per month is left hanging. if more than that no takers cause there might be other place which suits them better after weighing the pros and cons. renters has a budget to keep too , at this price maybe they felt trading convenience / time for cold hard cash is better?

"now if you are landlord, in what circumstances you will accept 1800 per month rent? how much would you paid to secure such rent? will the poster or rentee of this 1800 unit wlling to snap shot the living lounge for us to share and comment what grade is the FF reno?"
under what circumstance? probably when you cannot get the place rented out and have to stem the bleeding? or is this one of your "looking at cut down short term loss"? i don't see the relevance between showing the living lounge and commenting the grade of FF reno. they came here to live you expect them to promote for you ?


"that's why I don't know why so many sifus posted wrong info here, for self syiok or want to damage ekovest name???? last Saturday, go noodle was completely full house at 8pm."
-mind if you back those wrong info there with the correct info ? prove them wrong. anything. haters will be silenced.
- and Go Noodle is the mall part of the project, i dont see being full house in a mall translate to high demand in rental wor. are they so lazy they can't drive to go noodle and have to rent a unit nearby just to eat it? Go Noodle enthusiast ?

airbnb don't work as well anymore. and with the economy slowing down, not a lot can pay big bucks to stay at fancy place, i am just looking to hold for a few years and see if i can sell it, as long as it does not incur big losses. so yes. cover interest and move on.
i have full time job so micromanaging the units are not really feasible for me unless i forego sleeping, and willing to work at odd hours.

buying properties in untested water requires strong holding power that's why majority are afraid to try, out of fear of burning their own hand. no one know what would happen , and not a lot have cash lying around to weather the storm. for those who had the foresight and courage to try, its what they deserved.

yeah, no time for salaried worker, no guts to quit full time to manage it full time too. i got a large unit but rooms are rented separately. want to let it grow a bit before exiting so didnt think so far forward. but right now i only have to pay part of the maintenance fees after deducting wifi and coway fees so i am satisfied with that, it yields enough for me to be able to look for new project.

still learning to identify those gems you mentioned, but baby steps first

its ok , he just pissing on whoever not buying ekocheras, and also other project. since beancounter you can see his post thrashing other project with his "holier than thou" attitude. i guess he's a fun person at party, surely.