hi,

anyone who has experience or staying in a dual key unit?

wondering what is it like and is anyone renting out good money for their studio unit?

what is dual key unit?, first time i heard this. can u elaborate or ELI5 of what is it?.

Dual key condo refers to having two homes sharing a common foyer yet on a single title. In another words, dual key condo mean a one single whole apartment that can be divided in to two separate apartments within the same single unit. Both apartments have their own separate set of keys and both apartments are equipped with their own kitchen and toilets.
Dual key condo normally has a layout which comprises of one apartment, a studio unit complete with own kitchen and toilet and another bigger apartment, 2 bedroom or 3 bedroom type.

very good in singapore save a lot of extra stamp duty.

good idea in general. pay for one unit get two rental unit. but psf pay big unit psf so cheaper

look at pricing closely. and compare to othe 1 and 3 bedder around...

triple key unit pun ada wor


sum ppl last time subdivide unit now developer do 4 u

This post has been edited by corleone74: Oct 5 2017, 07:55 PM

i was thinking, buy 3 bedder offcourse cheaper but if difference is just 1k+ monthly mortgage isnt better to go for a dual key whereby i can rent out the studio unit and earn some income from there if not utilizing the studio.

just want to know anyone owns a dual key and how much can fetch for a 300sqft semi furnish studio w/1 parking lot..

cant seem to get much info on this.

depend location and price important if rental

Can opt for airbnb.. seen that in avantas @ okr..

But i doubt this kind of property is better than having 2 seperate unit...

Tnb tariff will be the 1st thing that kill its tenant....

for investor, yes its good, confirm come with two different door,

if you want to buy and do some investment, focus on student area,

confirm high return of investment, goyang2 kaki hujung bulan tunggu sewa sahaja.

i got one new project near cyberjaya come with this facilities,

buy 2 units expensive le..

dual key family can stay and meantime studio not in use can generate income 😄

found one..residence 8 okr 300sqft can go for RM1500 le

300sf @ 1500/mth = 5psf. Gd if u can hav tat rate. Even ff oso sibeh gd rate.

Gratz to u

exactly, so u need to find out the price point. i heard DK unit (2bed+1 bd) is more expensive than normal 3 bed for eg.
you need to calculate properly , and also know the 1bed and 2 bed can rent how much.
normally the bigger size DK unit psf should be lower than a strictly 2 bed or 1 bed. and save on transactional cost as well, since technically u buy only 1 unit.
furthermore, if u alrd have 1 unit, then this DK is second unit, compared to buy 2 units (2 b + 1 b) the third property LTV is lower, so affects loan as well.

layout also important.. if DK both have kitchen or at least kitchenette / pantry etc is ok, but some layouts - the "extra " unit is just bedroom and attached toilet. obviously in the latter case, you can't fetch same price as a typical 1 bedder/ studio.

https://www.propertyreview.sg/dual-key-condo/

https://www.myexclusivecondo.com/buyer-sell...-pros-and-cons/


so in conclusion, i think it's good but study the projek and your options and the market properly. rental always depend on location.

oh, yes, also you may want to look at those condo with duplex layout ie upstair / downstair have separate entrance and their own kitchenette/ pantry and bathroom. it serve similar function (ie rent up and down separately, or stay upstiar rent out downstair etc)

This post has been edited by corleone74: Oct 5 2017, 10:47 PM

Some new launch projects purposely design the layout so that optional for the owner to do extra door/partition and can rent out 2 units separately. Example:

1. Neu Suite, Jalan Jelatek
2. Monorail project near Tun Sambanthan station

Both by same developer, Titijaya. See the layout on offer to understand.

The monorail project is called The Riv @ Riveria Sentral. Launching around Mid Nov

Not easy to get 2 unit too

For 2nd unit, bank loan usually are lower..

thanks for the input guys!

1. it depends layout. not many so call dual key are efficient dual key.
2. exit plan? buying dual key, u can sell separate as compare to buy 2 separate unit. and the exit price is higher than 1 single unit. which mess lesser target buyer
3. rental and demand of the second unit (studio?) which u plan for rent out

I dunno if the 1500/mth unit is fully furnished incl electricity but my friemd only paid 700/mth for his.

This post has been edited by BEANCOUNTER: Oct 6 2017, 06:09 AM

Thanks for the info. The unit I am looking at has 2 entrances, 2 keys, studio has own kitchenette and bathroom.

Might consider.

RM700 for 300sqft with kitchennette and bathroom?

In okr also?

If semi furnish with car park it’s a really good deal!

(2). YOu mean "you CAN'T sell separate..:"

there will always be low and high data point for rental.
if landlord will always say i rent/can rent for 1300 (example only), if tenant will always say "i can rent this for 700 here/ there"

but now u know why i often say in the forum KL property nowsaday lousy investment.. rental sucks! and cannot find tenant, or wait long time! MK got people wait 3-6 months or even longer to find tenant.
then rent out to friend of friend at 30-40% discount. sighx.


This post has been edited by corleone74: Oct 6 2017, 08:13 AM

There is an oversupply of pigeon holes. But suprise that still so many developers are building them.. 😅

thats good, how many rooms? what is the size and psf?

compare that with a proper non-DK unit, what is the size and psf?

r u gg to ownstay and rent the "spare" unit.. that's your plan?



This post has been edited by corleone74: Oct 6 2017, 08:29 AM

Nice. Something new to me. First time reading about it. Thank you for sharing.

Be like Rickson.
Example of plan:

 dual_key_plan.pdf ( 4.84mb ) Number of downloads: 192



anyway, is just marketing gimmick. real life wont be as perfect as the plan.

Quite a few new condos like Epic Suites in Bukit Puchong has such dual key units when I went and check out their show room. I think this is good for those who wants to buy for own stay, yet want to rent out one room without the tenant invading your family's privacy. If buying purely for investment, I'll still go for normal units

Wah never heard of triple key unit lol
Malaysia doesn't have it yet right

If you're around Cheras then just go 28B in Pandan Perdana to check it out. Their showroom sibeh nice
Definitely one of the nicest of all condo showroom I've seen

Im looking at Sunway Serene PJ with 1788sqft. 3R3B + 1 studio w/self build kitchenette and bathroom.

For own stay. If times are bad can rent out the studio 😂

Thanks will check it out!

cool
what is the psf

you have to compare against the normal 3R 3B then you can see how much u "paying extra" for the studio.

then check normal studio ... around the area.

i think in general, good idea. how big is the studio in this DK...

another question: how r u going to split the electric and water bill..

location i think should be ok. but price? smallest unit 900sft 730K.. that's 800+ psf.. leasehold. so u double check your +1 studio what is the psf.. looks expensive. Sunway... don't come cheap, right. buy a normal 3 br, got leftover money buy another studio somewhere else? Boleh? so u see, it's not so straightforward whether "good" or "no good".

This post has been edited by corleone74: Oct 6 2017, 12:59 PM

same konsep ... just got 3 doors.. msia i dunno got ernot

Neither have I before today. Gonna check out the layout.

Nice for dual key,
Can half stay half investment

Thank you for sharing the floor plan. Looks interesting.

You are welcome.
Most people choosing these kind of layout.
Can rent to different tenants, collect higher rental rate

I guess the original layout is good. once dual keys, of course investors will want it to stay that way.

But is the other way round that happen usually. Owner need to convert to dual keys.

Got another type of dual key too.

i only saw 3 bed, where is the +1? sofa bed in living?

Study area

Not only in okr. In the same condo.....as whst u said 1500 per month.

One cp ...was told.....yes with bathroom but no kitchen nor wardrobe.

really can get 1500? how long in between tenants? easily can get 1 year TA?