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 Kajang/Semenyih area house, Need Advice

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HarpArtist
post Mar 3 2016, 01:38 PM

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HarpArtist
post Mar 3 2016, 01:51 PM

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QUOTE(Yamma @ Mar 3 2016, 01:50 PM)
how setia alam doing btw? what I saw few days back, got many building but not many people.
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not much has changed. but the mall is pretty ok. alot of footfall but i dont see many shopping bags.
HarpArtist
post Mar 3 2016, 08:05 PM

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QUOTE(HELLO HELLO @ Mar 3 2016, 04:07 PM)
rclxub.gif sure boh?

So far i only know KLCC/KL city/MK area best to keep second/third wife, milky, sugar daughter lor.

EM ini macam area/place mostly for first wife with kids. macam retired area. wifey can kepoh tea time with other yimakujie
bring children walk walk. while dato hubby can pretend busy work at kl cannot come back... actually happy happy with new milky at kl.

this type of retired wait for mati area... where got hot 2nd milky or energetic sugar daughter want to stay?...
cannot clubbing, cannot see buy their chaneel proda bag...
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u boss are so funny rclxms.gif

"retired wait for mati area"

hahahaha rclxms.gif rclxms.gif
HarpArtist
post Mar 3 2016, 08:17 PM

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QUOTE(Babizz @ Mar 3 2016, 08:13 PM)
Only poor fag bring china gf to shop in tesco. Simonyet fansi talk abt many thing tht may not happen.. like aeon mals n mrt extension with no proof. Syiok Sendiri!
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so semenyih will be China doll house? im confused how that brings value to the township. brows.gif
HarpArtist
post Mar 3 2016, 09:05 PM

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QUOTE(tmdsad @ Mar 3 2016, 08:57 PM)
Every time i bring up viewing semenyih unit to my clients...... the response is .... ulu and far..... ... i am like wtf....any other agents facing the same?
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in its defence the same response is heard when i say i stay in kajang, or work in setia alam/putrajaya/(and semenyih)
HarpArtist
post Mar 3 2016, 10:42 PM

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if opinion on this thread is to be trusted, semenyih is supposedly "better value for money" than kajang. therefore "potential buyers" lured to semenyih from kajang, just couldn't afford it in the first place so they buy the "next best" ...
HarpArtist
post Mar 4 2016, 06:18 AM

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QUOTE(alvis5913 @ Mar 3 2016, 11:09 PM)
If not holding three four house still okay one. Keep for own stay or rent lo... Wont appreciate in short term, long term still got chance
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disagree. short term profit sacrificed now can easily be seed momey for another investment.
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post Mar 4 2016, 06:42 AM

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QUOTE(Babizz @ Mar 4 2016, 06:27 AM)
manyak betul.. if rental negative like ecohill 1k rental on 500k house, how much can we make in the long term on cap gain? I hear this holding power always & just like puki jalil fansi say high supply incoming need holding power, more supply is being launch every yr.. Semenyih lucky is landed.
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koret.i tried to a do hypothetical calculation, hope im right...that one would have paid 5k DP for a 500k property and get the rest discounted as per sps normal packages and now be paying around 1.5k interest per month. In 5 years interest alone maybe around 100k...if can rent enough to cover interest still can talk. 5 yr then the hse cost becomes 600+k< hvnt include maintenance taxes etc which maybe easily another 50k. flip 750k also only 100k profit. and these are pretty optimistic calculations.

but if cannot get this flip price or rent price... 1.5k per month can do quite a lot of income generation in other investments hmm.gif


HarpArtist
post Mar 4 2016, 10:37 AM

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QUOTE(samkps @ Mar 4 2016, 09:08 AM)
Mind to share which recently VP landed project can have positive rental coverage?  hmm.gif  hmm.gif
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why need landed? unless for own stay of course

QUOTE(samkps @ Mar 4 2016, 09:24 AM)
Erm, 500k 5 years interest 100k understand. So, RM 0 rent for 5 years?

After 5 years, no RPGT, maintenance + legal + valuation + agent commission need 50k?  brows.gif  brows.gif
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not 0 rent but i think u will agree current rent barely covers principal.
HarpArtist
post Mar 4 2016, 10:46 AM

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QUOTE(samkps @ Mar 4 2016, 10:41 AM)
Apple to apple comparison mah...  Otherwise would like to use the BOSS comparison? Loke Yew Flat vs KLCC luxury condo? sweat.gif  sweat.gif
Yeah I know, but let say you rent 1k per month, also 60k additional cash for 5 years ler, on top of the appreciation woh, no?  hmm.gif
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when buying for earning money whether buy landed or condo or unit or donation (LOL) is irrelevant as long as the profit is good right? if rm1 can earn another rm 2 doesnt matter which type of investment kan?

yes boss. but 500k prop the loan is abt 800 capital and 1.4k interest a month right? belum add maintenance insurance mrta and taxes what not etc

also hidden cost is opportunity cost like.
- the deficit cash of 1k per month.
- 1 more prop in ur name which reduce future loan eligibility, LTV, etc.
- risk factor

HarpArtist
post Mar 4 2016, 01:42 PM

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QUOTE(Yamma @ Mar 4 2016, 11:45 AM)
some people said, rather than rent it out for small money, better left it empty. In a competitive environment which more than half of owner advertising their property for sale, the potential buyer most of the time will be looking for brand new untouched unit rather than tenanted unit.
Rent it out not gonna worth, sell it also will be among the last option for buyer.

It will be tricky decision whether to rent out or to left it empty.
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rent to good tenant. furnish before rent. better lah. cannot find good tenant then can start to question the decision for the investment but way too late. then can check in to this forum and update us brows.gif
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post Mar 4 2016, 08:01 PM

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QUOTE(mthc @ Mar 4 2016, 07:12 PM)
My friend punya piranha sold for 1.2mil. Profit +/- 500k
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all this piranha whatever ha bought couple of years ago of course profit la right.. now still same tune meh whistling.gif

2.5 yrs ago one condo transacted at 450k. end last year got offer from cash buyer 750k. didnt sell due to high rental yield. whistling.gif but who knows 2.5 year later fr today maybe still 750? brows.gif


HarpArtist
post Mar 5 2016, 09:28 AM

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QUOTE(investor01 @ Mar 5 2016, 09:25 AM)
Or it could be rm 1.2 mil also right? Haha.

Went i bought properties ten years ago..people say crazy..expensive...market going to crash next year..

When i buy properties today..peoole say same thing..

I think when i buy in 10 years time..will also be hearing the same thing...

There is risk in every investment as there are rewards...need to have good money management practises in place to mitigate these risks..
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yup it could easily be. the difference is the yield for this condo i use as example is over 7% even on current pricing. making appreciation much more stable, certain, and sustainable. whats the yield for landed. especially in seremban north? whistling.gif

This post has been edited by HarpArtist: Mar 5 2016, 09:28 AM
HarpArtist
post Mar 5 2016, 02:02 PM

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QUOTE(samkps @ Mar 5 2016, 12:32 PM)
Name the condo with over 7% yield even on current pricing, please..  brows.gif
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sure since u ask nicely. i say two even: scot pine and cypress condos at sungai long.

there are many more. just cari abit dont blind follow developer yeah.
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post Mar 5 2016, 02:12 PM

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QUOTE(samkps @ Mar 5 2016, 02:09 PM)
Lol...  bingo.. Student hostel...  sweat.gif  sweat.gif

No need to jam jam jam in Sungai long... Come Univillage Semenyih, 6% guarantee from the developer, no need so troublesome collect money from the Utar Student..  thumbup.gif  thumbup.gif

Generally, Nottingham students also richer than UTAR one mah..  brows.gif  brows.gif
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so what if its dog house or hospital or graveyard sweat.gif is still money earned. semenyih money somehow nicer than kajang ah.

haha whats so troublesome about collecting money from students? mine love me so much they prepay up to 6 month in advance because they see my waiting list also feel insecure.

if ur nottingham so good why SEH tereace rent only 1k hmm.gif

must be oversupply area lor. first couple of phases already liddat too hmm.gif

This post has been edited by HarpArtist: Mar 5 2016, 02:12 PM
HarpArtist
post Mar 5 2016, 02:20 PM

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QUOTE(samkps @ Mar 5 2016, 02:18 PM)
Lol...  again, apple to apple comparison please...  You suggest condo, I suggest condo to you too..

Why need to compare landed with condo oh?

So, sungai long landed rental yield can have 7% compare to Scott?  laugh.gif  laugh.gif
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whats scott?

yes easily. terrace not walking distance to utar also 7% yield smile.gif quite new one too, i THINK about 8 years old development...but not terribly sure hmm.gif
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post Mar 5 2016, 02:21 PM

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QUOTE(tmdsad @ Mar 5 2016, 02:17 PM)
Transacted at 850/m actually....... just last month.
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wow thats pathetic brows.gif
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post Mar 5 2016, 02:28 PM

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QUOTE(tmdsad @ Mar 5 2016, 02:27 PM)
This is the market now.....i told my client take it or wait longer.... more supply.....  they agreed.
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thats true. thats first phase right? do you know how many more VP ing this year?
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post Mar 5 2016, 02:30 PM

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QUOTE(samkps @ Mar 5 2016, 02:28 PM)
Erm, student rental market totally different...

If die die want to have landed for student rental, can try to have a look on some units in Taman Tasik Semenyih..  I heard 1 semid cut to 8-10 rooms, last time TTS semiD launching only 450k..  Now I heard can collect rental 3k per month.. 

Tiara East also target for student.. I heard RM 1.5k per unit.. Just VP a couple years ago.. launching around 450k if not mistaken...
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ok launching price...now leh? still same as launch? if 3k 7% yield then good yield but terrible cap appreciation lor.
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post Mar 5 2016, 02:31 PM

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QUOTE(tmdsad @ Mar 5 2016, 02:29 PM)
Just rent out to company....house thier factory workers.... bangla.
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seriously... doh.gif

but good also means this zemenyih does have some factories lah

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