This post has been edited by mini orchard: Feb 3 2022, 08:56 AM
Investment THE PARK 2 @ PAVILION BUKIT JALIL [OWNERS' THREAD], Malton to launch Final Phase of BJC
Investment THE PARK 2 @ PAVILION BUKIT JALIL [OWNERS' THREAD], Malton to launch Final Phase of BJC
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Feb 3 2022, 08:55 AM
Show posts by this member only | IPv6 | Post
#1421
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All Stars
14,511 posts Joined: Sep 2017 |
This guy said can have +ve cashflow ? This post has been edited by mini orchard: Feb 3 2022, 08:56 AM ck2chan liked this post
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Feb 3 2022, 12:42 PM
Show posts by this member only | IPv6 | Post
#1422
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Junior Member
692 posts Joined: Oct 2006 |
QUOTE(xlss @ Feb 1 2022, 10:03 AM) When one buys for investment like him only the ROI matters. A good location doesn't compensate the poor ROI. In his video he mention he got it for RM680k... Add another 10-20% rental amount on your pessimistic rental rates. I think Master at least can rent RM1600; RM1000 x 2 for the smaller rooms. Assuming he is on full loan (his style he will not pay deposit) for 30 years max (his age or company tenure). Installment + maintenance give or take +/- RM3000 a month. More than half of room renters out there expect their rental to include some sort of utilities. Another RM100 for internet. Lets say water & electricity tenant bear themselves. How much he wanna rent to cover his RM3000 installment? Master - RM1200 (got toiletbowl? got parking?) Small - RM800? (overly optimistic) partition - RM800 (optimistic considering how small it is) lets say carpark rental - RM200 (*ParkSky carpark going between RM250-RM300 a month) RM3000 max based on full occupancy all year round ... how to solve carpark issue? tenant pay RM800 for room need to top up another RM200 for carpark end up RM1000 for small room? he will still be on negative ROI even it he achieve 100% occupancy 365 days.... really need dato sri to enlighten me here Bukit Jalil room rental rates much higher. But so much work just to buy poorperty. I would just buy reits instead |
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Feb 5 2022, 11:16 PM
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Junior Member
169 posts Joined: Jul 2020 |
QUOTE(e-lite @ Feb 3 2022, 12:42 PM) Add another 10-20% rental amount on your pessimistic rental rates. I think Master at least can rent RM1600; RM1000 x 2 for the smaller rooms. in the cold real world...it doesnt work like that. Certain types of property command higher rental as one whole unit compare to room rental basis. For this particular project, converting it into room rental is just a bad bad bad idea. Asking a tenant to pay RM1000 for such a small room, it will definitely be super challenging. Usually, room renter are budget-conscious type of tenant, a difference of 20% in rent is substantial in this market segmentBukit Jalil room rental rates much higher. But so much work just to buy poorperty. I would just buy reits instead This post has been edited by xlss: Feb 5 2022, 11:17 PM |
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Feb 23 2022, 03:47 PM
Show posts by this member only | IPv6 | Post
#1424
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Newbie
4 posts Joined: Dec 2013 |
Looking for 1 carpark at Tower 1 urgently, starting from 1st of March, any kind owners wanna rent please pm, thank you!
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Feb 24 2022, 02:16 AM
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Senior Member
2,145 posts Joined: Jan 2013 |
QUOTE(e-lite @ Feb 3 2022, 12:42 PM) Add another 10-20% rental amount on your pessimistic rental rates. I think Master at least can rent RM1600; RM1000 x 2 for the smaller rooms. 1000 can rent the Jalilmas Rumawip whole unit ready.Bukit Jalil room rental rates much higher. But so much work just to buy poorperty. I would just buy reits instead 1600 can rent whole SOHO at Aurora. 1600 can rent partial furnished at The Havre. See the tenant want enjoy what kind of lifestyle lo. This post has been edited by ck2chan: Feb 24 2022, 02:34 AM |
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Feb 26 2022, 04:33 AM
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Probation
30 posts Joined: Nov 2021 |
I plan to rent a unit here but after viewed some units found that most of the ID furnishing units come with low quality furnitures, few hundreds $ sofa, dining set etc. Something wrong here... we tenants rent your house for staying purpose but not for watching, those ID are over abundance beleebala liked this post
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Feb 26 2022, 08:40 AM
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#1427
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Senior Member
2,470 posts Joined: Oct 2010 |
QUOTE(Gdlck @ Feb 26 2022, 04:33 AM) I plan to rent a unit here but after viewed some units found that most of the ID furnishing units come with low quality furnitures, few hundreds $ sofa, dining set etc. Some of the id furnishing makes your home look more like cafe. Rather spend on cupboard and storage areas than wallpapers and open racksSomething wrong here... we tenants rent your house for staying purpose but not for watching, those ID are over abundance beleebala liked this post
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Feb 26 2022, 01:38 PM
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#1428
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space |
QUOTE(Gdlck @ Feb 26 2022, 04:33 AM) I plan to rent a unit here but after viewed some units found that most of the ID furnishing units come with low quality furnitures, few hundreds $ sofa, dining set etc. Here examples: https://www.cozyhomes.my/property-list?prop...vailability=AllSomething wrong here... we tenants rent your house for staying purpose but not for watching, those ID are over abundance Sephilo liked this post
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Feb 26 2022, 03:46 PM
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Probation
30 posts Joined: Nov 2021 |
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Feb 26 2022, 03:52 PM
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Probation
30 posts Joined: Nov 2021 |
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Feb 27 2022, 06:18 PM
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Junior Member
110 posts Joined: Sep 2016 |
How much is the rental rate for 2 rooms? Any unit interested to rent 1800 per month let me know
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Feb 27 2022, 07:03 PM
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Probation
30 posts Joined: Nov 2021 |
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Feb 27 2022, 11:52 PM
Show posts by this member only | IPv6 | Post
#1433
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Senior Member
883 posts Joined: May 2007 |
QUOTE(Gdlck @ Feb 26 2022, 03:52 PM) Yes. Somemore with 2-3seaters sofa in a 3beds unit how to let my whole family to enjoy movies together wth.. It depends on what kind of price u r willing to pay dude. for 1.8k u will only able to enjoy ikea sofa. if i'm the landlord, i'll just buy full set caler home furniture to them. if tenant willing to pay double on the market price, i'll consider italia sofa to them. in general, tenant wont take care of landlords' furnishing. That's why makeover guys is so laku here. looks nice in pic, sofa is ikea. |
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Feb 28 2022, 01:29 AM
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Probation
30 posts Joined: Nov 2021 |
QUOTE(tongyk @ Feb 27 2022, 11:52 PM) It depends on what kind of price u r willing to pay dude. for 1.8k u will only able to enjoy ikea sofa. Sorry I dont think their sofa are all from Ikea .. most likely from those Malaysia local kilang perabot produce those low quality furnitures with laminated plywood + fabric which going to Buang ke tong sampah. . If you check properly their furniture quality far more lower than Ikea.. they only apply some small decorative items from Ikea... so compare them to Ikea actually drag down Ikea standard further if i'm the landlord, i'll just buy full set caler home furniture to them. if tenant willing to pay double on the market price, i'll consider italia sofa to them. in general, tenant wont take care of landlords' furnishing. That's why makeover guys is so laku here. looks nice in pic, sofa is ikea. |
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Mar 1 2022, 03:24 AM
Show posts by this member only | IPv6 | Post
#1435
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Senior Member
883 posts Joined: May 2007 |
QUOTE(Gdlck @ Feb 28 2022, 01:29 AM) Sorry I dont think their sofa are all from Ikea .. most likely from those Malaysia local kilang perabot produce those low quality furnitures with laminated plywood + fabric which going to Buang ke tong sampah. . If you check properly their furniture quality far more lower than Ikea.. they only apply some small decorative items from Ikea... so compare them to Ikea actually drag down Ikea standard further if not ikea, it's caler home then.rental being pay is always equal to standard of quality. |
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Mar 1 2022, 01:56 PM
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Probation
30 posts Joined: Nov 2021 |
QUOTE(tongyk @ Mar 1 2022, 03:24 AM) Disagree . All these due to owners budget being spent on uneccessary ID. Let says their budget 30k for renovation, half of the cost being spent on ID consultation, management, etc. So left only limited $ for furnitures. What can you expect to have a good quality furnitures from that limited budget. |
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Mar 2 2022, 10:46 PM
Show posts by this member only | IPv6 | Post
#1437
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Senior Member
883 posts Joined: May 2007 |
QUOTE(Gdlck @ Mar 1 2022, 01:56 PM) Disagree . Only if the owner knows how to DIY on renovation to save cost on better furniture. I believe those unit u viewed are referring to Makeover Guys design. Yes I agreed to some extends their furniture provided are on low par with ID design. Their price for fully furnished package shud be around 30k-40k. Who cares as their design can really help owners to attract tenants and rent faster with higher rental. All these due to owners budget being spent on uneccessary ID. Let says their budget 30k for renovation, half of the cost being spent on ID consultation, management, etc. So left only limited $ for furnitures. What can you expect to have a good quality furnitures from that limited budget. The real ID u are talking about with good furnishing shud be on 80 - 100k range already, hence the rental would not justify unless tenants can distinguish and willing to pay more. Also to factor in the property price, the rental shall be higher than surrounding. |
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Mar 5 2022, 10:36 PM
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Probation
30 posts Joined: Nov 2021 |
QUOTE(tongyk @ Mar 2 2022, 10:46 PM) Only if the owner knows how to DIY on renovation to save cost on better furniture. I believe those unit u viewed are referring to Makeover Guys design. Yes I agreed to some extends their furniture provided are on low par with ID design. Their price for fully furnished package shud be around 30k-40k. Who cares as their design can really help owners to attract tenants and rent faster with higher rental. By looking at the cheapket furnitures provided & ugly design, does it worth 30k for ID .. lolThe real ID u are talking about with good furnishing shud be on 80 - 100k range already, hence the rental would not justify unless tenants can distinguish and willing to pay more. Also to factor in the property price, the rental shall be higher than surrounding. "htt ps://www.propertyguru.com.my/property-listing/the-park-2-pavilion-bukit-jalil-for-rent-by-arron-heng-34215912" |
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Mar 6 2022, 12:34 AM
Show posts by this member only | IPv6 | Post
#1439
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Senior Member
883 posts Joined: May 2007 |
QUOTE(Gdlck @ Mar 5 2022, 10:36 PM) By looking at the cheapket furnitures provided & ugly design, does it worth 30k for ID .. lol Worth when it's able to attract potential tenant eyesight and rent out faster compare with plaint white wall. Don't be surprise it actually can rent higher too. "htt ps://www.propertyguru.com.my/property-listing/the-park-2-pavilion-bukit-jalil-for-rent-by-arron-heng-34215912" Actually what kind of premium furniture can buy on 30k huh? an italia king size bed only? |
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Mar 6 2022, 03:57 AM
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Probation
30 posts Joined: Nov 2021 |
QUOTE(tongyk @ Mar 6 2022, 12:34 AM) Worth when it's able to attract potential tenant eyesight and rent out faster compare with plaint white wall. Don't be surprise it actually can rent higher too. No need top premium , sofa, bedframe, mattress, etc around 2k-5k each can get all in 30k Actually what kind of premium furniture can buy on 30k huh? an italia king size bed only? |
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