Need to do some mathematics:

Assume installment 1700

1. Unfinished bare
Rental 800
Reno 1000 (fans and lights)
Cash on cash return = 800 x 12 / 1000 = 960%
Cash flow = -900 x 12 = -11k

2. FF
Rental 1600
Reno 15k
Cash on cash return = 128%
Cash flow =-100
Delta = 900 - 100 = 800
Payback = 15k/800= around 20 months

So FF is still more made sense

Need to do some mathematics:

Assume installment 1700

1. Unfinished bare
Rental 800
Reno 1000 (fans and lights)
Cash on cash return = 800 x 12 / 1000 = 960%
Cash flow = -900 x 12 = -11k

2. FF
Rental 1600
Reno 15k
Cash on cash return = 128%
Cash flow =-100
Delta = 900 - 100 = 800
Payback = 15k/800= around 20 months

So FF is still more made sense

Wow. 

Mah Sing's Savanna Executive Suites sole winner for The Edge Malaysia Affordable Urban Housing Excellence Award 2018

affordable.. not make sense at all..

370K rebate rm50K rm320 for 6++sqft got the award for affordable some more in dengkel..mmmmmmm so weird...

The edge award is BS lah.....
No credential de......syiok sendiri nia

Any award which is credential?

Wow. 

Students will find themselves. Just need a good property, with a good deal, and they will come and seek you out. Actually, good question you have, I don’t know if they have all 9 or less than that, while still finding for friends/course mates. Nope, it isn’t a hostel operator, it’s a student that I signed the rental agreement with.

Didn’t partition out the living room. Taking a fair bit of risk for this but so far, looks like its acceptable. 4 beds (2 double deckers) in the master, 3 beds (1 double decker and 1 single) in the bigger guest room and 2 beds (1 double decker) in the smaller guest room. Each student has their own personal wardrobe.
Living room is kept simple, which is a big bad ass TV (49” Smart LED TV) mounted onto the wall directly (no TV cabinet). No sofa, instead, giving bean bags (not just funkier, but cheaper too)
Another key element is a personal study table, chair and also pin/info board. All lined up against the wall. Table is fixed to the wall so no shifting around and messing up things. Kitchen is average, simple yet functional kitchen cabinets for the dry kitchen.
Wet kitchen only has hob, no hood.
There’s a fridge but no washing machine. Shoe cabinet is to the top so that each and every student will have their own racks (2 per student) although its rather close. Can fit normal sneakers, slippers and shoes but not high heels. Grill is minimum, which is main entrance and also yard area.

Add in some bright paint for some corners of the house and there you have it, a nice student colony accommodation.

bro can share to me the pictures privately?

I salute you ever since from OUG Parklane. You are able to grab those rare gems around. Must be doing something right compare to others.

Just make me wander how did you find 9 students as a group wanting to rent together all at the same time? Or you provide 9 spaces but maybe they are only a group of 4-5 pax and yet they are willing to take up the entire whole house? And later maybe add in their own tenants thereafter?

Or is it hostel operator / subletter taking up the unit? But I guess they rather take those 700-800 rental unit and furnish up themselves.

9 pax in a 1000 sqft condo. You partition out the living room?

bro can share to me the pictures privately?

me too if dont mind. want see how the ceiling fan, distance of double checker, and kitchen area

Taken from the ads. No real pics unfortunately. Those ikea stuff can always check at the website to visualize.


- Rooms are for 2 pax, 3 pax and 4 pax. 4 pax room has attached bathroom
- If rental by rooms, STRICTLY ONLY ALL GIRLS AND NO GUYS to maintain privacy of other housemates in the unit.

- Specially designed for communal student living, can fit 9 pax
- Brightly painted unit with funky yet functional furniture
- Each student will get their own personal IKEA Double decker steel bed, IKEA wardrobe, IKEA table and chair with pinboard. Meaning 9 beds, 9 study tables, 9 chairs and 9 pinboards!
- Air-con in all 3 bedrooms and also living room and water heater in both bathrooms
- Common items in the unit for sharing include 43" Samsung LED Smart TV, comfy bean bags, Samsung refrigerator, IKEA 10 tier shoe cabinet, IKEA kitchen cabinet with hood and hob
- Comes with 2 covered parking on Level 2 which is only 10m away from lift lobby

nevertheless, i think renting to student pose a risk on the upkeep of the unit and number of pax

only thing is i believe mostly the rental is prompt and slightly higher...