wah if you dont plan to rent then you should buy a landed property and hold.
anyway, can see agent start posting rental for studio RM1100. probably with minimal furnishings.
Condo investment, How long to hold
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 Jul 7 2017, 01:49 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space   
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Jul 7 2017, 03:51 PM
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#2
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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This is studio with 1 bedroom or no room unit? Such property is hard. Rare to find family will buy for own stay. Only investor will buy. But if rental not able to break even the price also no investor will buy.
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Jul 7 2017, 05:29 PM
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#3
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(damonjun11 @ Jul 7 2017, 04:55 PM) Assuming RM373k 30yrs loan @ 4.5% = 1 month 1.9k installment. Saw in another thread saying management fee is RM0.42. so one month need to bleed RM2100++ (RM1900 + RM262). if and only if 5 years later able to reach the price of 500k.If wait 5 years and sell @ RM500k. RM373k + RM126k (5 years installment and not renting out). Congrats. You will earn Rm1k nett **meaningful profit**  |
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Jul 9 2017, 07:56 PM
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#4
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(hioniq @ Jul 9 2017, 07:31 PM) Now any new vp condo can make profit immediately? I dont find any as condo is over supply, so we can only rent and hold to wait property boom again icemanfx |
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Jul 12 2017, 09:42 PM
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#5
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(MNet @ Jul 12 2017, 09:36 PM) what is the condo name? first page first post my friend |
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