Not true,many condos next to mrt also low rental due to supply issue.

start by checking the classifieds, iproperty, mudah then talking to agents and go for viewing, attending seminars, reading a lot, walking the areas that you intend to invest in.
that's always the first step. or if you have any relative that has multiple property, that person can give you guidance as well .
good luck.

p/s> oh sorry! very important. a bit more to add. when you talk to agent and go seminar listen to guru.. keep an open mind but remember, they all tell big time kok and bull story . so remember to crosscheck their story with your own research. heh heh.


This post has been edited by corleone74: Feb 1 2017, 12:24 AM

the property already priced in the mrt/lrt.

I agree with you.

Nowadays people using the *walking distance to LRT/MRT* advantage and increase the price.

But the rental is still low.

LRT/MRT=sure win?
Maybe hisap too much of weeds.

Yeah. But... what is the criteria for investment?

What do we need to label it as good investment?

Good investment is rental income able to cover your monthly loan installment (90% LTV, 35 years).
But honestly it is hard to find unless you go for low cost property.

Do share with us if you are able to get a subsale property now meeting such requirement.

then how??

since near MRT/LRT also not good?

is not necessarily.. so i said important is location..

For family/office staff stay confirm not so good, but you may turn the condo to AirBnB type for tourist stay purpose. As you know tourist will look for public transport like what other country practice. This also depend on area you looking at. If you get a condo near ulu place and far away from city center, then dont expect a good return even though got public transport.

highrise=overrated now.
BBB=DDD=DDD

gg.

hmm good idea turn into AirBnB

okay

Anyone here own a condo or landed prop near a new LRT/MRT station...? Wondering how much capital appreciation for properties like those

if you're talking about metrics - well, i go for undervalued property,
but for rental play property you should look at sustainability of rental, as well as the COCR (cash on cash return) and if the property gives you positive cash flow. It's difficult to find these days.

Re agents and guru promote cocr to distract people from high leverage.

don't go for highly leveraged acquisitions.
you're right - agents / guru will sell a property with almost zero down, eg: DIBS.




This post has been edited by corleone74: Feb 1 2017, 11:05 PM

What is cash on cash return?

Noted. Means rental cover installment is good investment.

*if only I manage to found one.

Nowadays highrise price is overrated. Crazy man.

COCR is actual income / total cash outlay (not the purchase price). you can google the metrics used for property investment. others like discounted cash flow is more technical but i find difficult to project the actual rental

of course rental cover installment is definitely good. but check on vacancy rate, and also how sustainable the rental will be. these days where to find. maybe the cheaper rumah rakyat if you qualify.
seriously i think subang jaya area is not bad if you can find a good deal.

This post has been edited by corleone74: Feb 2 2017, 10:08 AM

some say near mrt/lrt is good some say not good.
but for me near mrt/lrt is always an advantage.
Back to your question new property or existing?
assuming you have enough cash.
if you want immediate return then go for existing (can rent out for return)
else you can consider new property.