Feb 23 2023, 11:54 AM
QUOTE(Sihambodoh @ Feb 23 2023, 11:20 AM)
Property is only a good investment if
1. Your rent can cover installment and maintenance fees and repairs
2. You buy in cash.
1 is hard even for lelong units. 2 is harder.
i agree 100% on this. bought lelong unit1. Your rent can cover installment and maintenance fees and repairs
2. You buy in cash.
1 is hard even for lelong units. 2 is harder.
the rent can cover instalment only. hav to rugi mainenance eveyr month, cukai taksiran yearly and occasional repair works. some months cannot rent also.
Only consolition is there is already capital gain. But not much if take into account above.
Not all is rosy in property market
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