Outline ·
[ Standard ] ·
Linear+
Investment Aster Residence Cheras by Amber Homes, 56m Linked Bridge to Tmn Connaught MRT
|
TokCoc
|
Mar 15 2018, 04:45 PM
|
|
QUOTE(AskarPerang @ Mar 15 2018, 12:28 PM) Look at the size. Not per room basis. Rental calculation using psf. Yes I agree You Vista is a good benchmark. Do not have direct link to MRT station and located further away as well. So logically this project should fare better than You Vista and Maxim Residences (not walkable to MRT). I don't think sqft really matters for those renting room. Conveniency is the priority.
|
|
|
|
|
|
TokCoc
|
Mar 15 2018, 04:46 PM
|
|
.
This post has been edited by TokCoc: Mar 15 2018, 04:47 PM
|
|
|
|
|
|
Jagalat
|
Mar 15 2018, 04:56 PM
|
|
QUOTE(BEANCOUNTER @ Mar 15 2018, 04:48 PM) semua kasi angpo lah no matter what LTV......cost of money/fund remains. you think of LTV70, the 30% is free from above meh.....  Nowadays under current market and huge influx of high rise volume, owners need to adopt Chinaman mindset (minimum dp to "break even", partition, split out car park etc) else rental play also susah........
|
|
|
|
|
|
mysimpack
|
Mar 15 2018, 05:14 PM
|
Getting Started

|
QUOTE(BEANCOUNTER @ Mar 15 2018, 02:38 PM) All these are catered for short term tenancy. I'm not sure how do you classify short term. For me short term is anything less than 1 year while 1 year and above can be considered long term? Most of my uni mates rent for 3-5 years before committing to buy their own properties. Some even still renting now after 8 years of graduation.
|
|
|
|
|
|
AskarPerang
|
Mar 15 2018, 05:20 PM
|
|
Per room rental basis will be more practical. Take the 810sqft no balcony unit for example.
Master room 700 Medium room 600 Small room 500 Car park 100 Total 1900
Buy in price at 450k nett for example. Yield 5% and you need to manage 3 different party. As usual the more you are required to manage, the higher the return.
|
|
|
|
|
|
BEANCOUNTER
|
Mar 15 2018, 05:54 PM
|
|
QUOTE(mysimpack @ Mar 15 2018, 05:14 PM) I'm not sure how do you classify short term. For me short term is anything less than 1 year while 1 year and above can be considered long term? Most of my uni mates rent for 3-5 years before committing to buy their own properties. Some even still renting now after 8 years of graduation. Anything 1 yr and below is short term. Long term is 2 yrs and above. Anyone knows anyone sign boxes units for 2 yrs ans above? Most only sign for one year and 6c6c elsewhere. So every year also need to look for tenant n likely lose vacant period and commission yearly
|
|
|
|
|
|
TokCoc
|
Mar 15 2018, 06:00 PM
|
|
QUOTE(BEANCOUNTER @ Mar 15 2018, 05:54 PM) Anything 1 yr and below is short term. Long term is 2 yrs and above. Anyone knows anyone sign boxes units for 2 yrs ans above? Most only sign for one year and 6c6c elsewhere. So every year also need to look for tenant n likely lose vacant period and commission yearly Well.. My last 800+ after condo rent out for the past 6 yrs ...per room basis... What I can say is if their job location didnt change far usually won't change living place
|
|
|
|
|
|
AskarPerang
|
Mar 15 2018, 06:03 PM
|
|
room rental is very hot actually especially those walkable near to LRT/MRT. I posted just 1 ads on ibilik and 1 ads on mudah.my in October last year. Only once. Never bump or anything.
Until today people still calling and ask whether got vacancy or not.
Just like i mention above. you need to manage more just to earn more. like those doing airbnb, they need to manage even more. that's it.
|
|
|
|
|
|
BEANCOUNTER
|
Mar 15 2018, 06:04 PM
|
|
QUOTE(TokCoc @ Mar 15 2018, 06:00 PM) Well.. My last 800+ after condo rent out for the past 6 yrs ...per room basis... What I can say is if their job location didnt change far usually won't change living place Is yr last 800+ after condo also no balcony no dry yard? All tenants use washer and dryer or just go down to dobi downstairs?
|
|
|
|
|
|
BEANCOUNTER
|
Mar 15 2018, 06:05 PM
|
|
QUOTE(AskarPerang @ Mar 15 2018, 05:20 PM) Per room rental basis will be more practical. Take the 810sqft no balcony unit for example. Master room 700 Medium room 600 Small room 500 Car park 100 Total 1900 Buy in price at 450k nett for example. Yield 5% and you need to manage 3 different party. As usual the more you are required to manage, the higher the return. People will share unit with strangers? True? Really sad case.
|
|
|
|
|
|
TokCoc
|
Mar 15 2018, 06:06 PM
|
|
QUOTE(BEANCOUNTER @ Mar 15 2018, 06:04 PM) Is yr last 800+ after condo also no balcony no dry yard? All tenants use washer and dryer or just go down to dobi downstairs? Yes
|
|
|
|
|
|
bigman
|
Mar 15 2018, 06:14 PM
|
|
QUOTE(BEANCOUNTER @ Mar 15 2018, 06:05 PM) People will share unit with strangers? True? Really sad case. I got unit ... the rooms rent out with diff tenants.... can get mostly 6k per month
|
|
|
|
|
|
TokCoc
|
Mar 15 2018, 06:17 PM
|
|
QUOTE(BEANCOUNTER @ Mar 15 2018, 06:05 PM) People will share unit with strangers? True? Really sad case. U really from atas..
|
|
|
|
|
|
AskarPerang
|
Mar 15 2018, 07:32 PM
|
|
QUOTE(BEANCOUNTER @ Mar 15 2018, 06:05 PM) People will share unit with strangers? True? Really sad case. Is a norm. Some even willing to share the same room with 1 or 2 or even 3 strangers (big master room). For subletter, they even partition out the living area as additional extra room to rent out. Possible no living area. Just enough space to place a dining table that's it.
|
|
|
|
|
|
IReallyNeed Answers
|
Mar 15 2018, 07:37 PM
|
|
Just curious, isn’t that plot of land part of the perhilitan forest reserve?
Already jual for profit?
|
|
|
|
|
|
IReallyNeed Answers
|
Mar 15 2018, 07:40 PM
|
|
And how’s the take up rate?
Cheras Sentral/plaza Phoenix famous for bad fengshui!
Buka apa, tutup apa
Cinema + jaya grocer + Starbucks, + gym
Still can’t survice and from jaya to hero to full chaplap supermarket.
|
|
|
|
|
|
BEANCOUNTER
|
Mar 15 2018, 09:31 PM
|
|
QUOTE(AskarPerang @ Mar 15 2018, 07:32 PM) Is a norm. Some even willing to share the same room with 1 or 2 or even 3 strangers (big master room). For subletter, they even partition out the living area as additional extra room to rent out. Possible no living area. Just enough space to place a dining table that's it. I understand if its a known person sharing same room. If stranger....must be bangla arrangment.
|
|
|
|
|
|
mcoriole
|
Mar 16 2018, 01:34 AM
|
Getting Started

|
QUOTE(BEANCOUNTER @ Mar 15 2018, 09:31 PM) I understand if its a known person sharing same room. If stranger....must be bangla arrangment. Wondering if you've ever rent a room before? This is still pretty common even for locals. If you want cheap rent around 100-200, you gotta share with others. Usually people will try to rent with friends, but shit happens, and you gotta pay rent anyhow, so you advertise to strangers. It's very common among students, but still not that unusual for working adults too.
|
|
|
|
|
|
LoTek
|
Mar 16 2018, 01:42 AM
|
|
QUOTE(mcoriole @ Mar 16 2018, 01:34 AM) Wondering if you've ever rent a room before? This is still pretty common even for locals. If you want cheap rent around 100-200, you gotta share with others. Usually people will try to rent with friends, but shit happens, and you gotta pay rent anyhow, so you advertise to strangers. It's very common among students, but still not that unusual for working adults too. obviously someone is rather detached from reality. even a rich investor with no experience renting or living who does due diligence on ibilik or similar websites would know this... This post has been edited by LoTek: Mar 16 2018, 01:43 AM
|
|
|
|
|
|
BEANCOUNTER
|
Mar 16 2018, 01:52 AM
|
|
QUOTE(LoTek @ Mar 16 2018, 01:42 AM) obviously someone is rather detached from reality. even a rich investor with no experience renting or living who does due diligence on ibilik or similar websites would know this... Pls tell us you have done this before in your life and for how long or you so kind hearted to buy amber and rent super cheap to needt people (strangers).
|
|
|
|
|