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Investment THE PARK 2 @ PAVILION BUKIT JALIL [OWNERS' THREAD], Malton to launch Final Phase of BJC

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e-lite
post Feb 3 2022, 12:42 PM

On my way
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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...

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
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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.

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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