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Investment AIRBNB unfriendly condo, Please help input if you know of those

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BEANCOUNTER
post Oct 29 2018, 11:41 AM

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QUOTE(icemanfx @ Oct 29 2018, 11:09 AM)
Similar reason for ph.
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Was there any proven cases that airbnb guests committed crime like stealing murderimg robbing kidnapping and hit n run?

Yes sone nuisane like partying or damage common property but this can happens to long stay tenants too.

Obviously no ownstayers want to see their condo or apartments turn out to be bus station or red light district pick up point. I understand that.

But how many buildings in kv turn out to be exactly like that? Less than 10?
mroys@lyn
post Oct 29 2018, 12:12 PM

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nexona88
post Oct 29 2018, 01:11 PM

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QUOTE(icemanfx @ Oct 29 2018, 11:09 AM)
Similar reason for ph.
*
PH is much more worse..
Make no sense to worry about AIRBNB 😎
BEANCOUNTER
post Oct 29 2018, 01:20 PM

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QUOTE(nexona88 @ Oct 29 2018, 01:11 PM)
PH is much more worse..
Make no sense to worry about AIRBNB 😎
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Well if one bought into those investment friendly property like riveria (for example nia dun get angry jonathan) then what do you expect the end result will be?
seikoho1
post Oct 29 2018, 01:49 PM

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Airbnb don’t really work in Malaysia as hotel
Prices are cheap and affordable for visitors
funniman
post Oct 29 2018, 02:29 PM

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I think the rules are quite simple. The owners must accompany their guests whether Airbnb or not to use the facilities. Besides you need to book the facilities too. And the owners must be present to "check in" their guests as security measure.
No one will stop Airbnb, it is how you regulate it security wise. You simply do not want anyone to walk in without authorisation through the lobby without knowing who came in. So no keycard, no access. Yes, we all know how the guards are paid too by these operators.

House rules very clear on this, tenants must be registered with management office. There's no way we can stop Airbnb but it is a matter how to regulate it.
damonjun11
post Oct 29 2018, 02:43 PM

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Generally, airbnb guests does not care/know much for house rules. Why care so much if you only there for 1/2 nights.

Picnic/kfc+ing by the side of the luxury infinity pool, rubbish everywhere (some might be owner's fault), never take care for the facilities provided, park anywhere they deems ok. creating nuisance party noise.

I would not care much for airbnb in my condo if they do adhere to the house rules. but for most of the cases, they are just creating trouble for the real residents.
aaronpang
post Oct 29 2018, 02:43 PM

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QUOTE(BEANCOUNTER @ Oct 29 2018, 11:41 AM)
Was there any proven cases that airbnb guests committed crime like stealing murderimg robbing kidnapping and hit n run?

Yes sone nuisane like partying or damage common property but this can happens to long stay tenants too.

Obviously no ownstayers want to see their condo or apartments turn out to be bus station or red light district pick up point. I understand that.

But how many buildings in kv turn out to be exactly like that? Less than 10?
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Issues like crime, partying robbery, vandalism etc happens with short term/long term rental & owner occupiers as well.

Let's face it those who oppose AirBNB have self-serving bias. They secretly wished the entire condo is reserved for their exclusive use like a private resort.

Other owners who also pay for the maintenance must shut up and live by their rules rclxs0.gif

Condo living means having to make sacrifices if that's not acceptable, sell your condo for landed and gated house.

aaronpang
post Oct 29 2018, 02:49 PM

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QUOTE(damonjun11 @ Oct 29 2018, 02:43 PM)
Generally, airbnb guests does not care/know much for house rules. Why care so much if you only there for 1/2 nights.

Picnic/kfc+ing by the side of the luxury infinity pool, rubbish everywhere (some might be owner's fault), never take care for the facilities provided, park anywhere they deems ok. creating nuisance party noise.

I would not care much for airbnb in my condo if they do adhere to the house rules. but for most of the cases, they are just creating trouble for the real residents.
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Seriously doubt Airbnb guests are all bonking by the pool and running about with hammers planning to damage common faculties.
Furthermore what is condo security doing sleeping? Residents pay them hundreds of thousands play candy crush?

This post has been edited by aaronpang: Oct 29 2018, 02:49 PM
BEANCOUNTER
post Oct 29 2018, 02:51 PM

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QUOTE(damonjun11 @ Oct 29 2018, 02:43 PM)
Generally, airbnb guests does not care/know much for house rules. Why care so much if you only there for 1/2 nights.

Picnic/kfc+ing by the side of the luxury infinity pool, rubbish everywhere (some might be owner's fault), never take care for the facilities provided, park anywhere they deems ok. creating nuisance party noise.

I would not care much for airbnb in my condo if they do adhere to the house rules. but for most of the cases, they are just creating trouble for the real residents.
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Might sharing which condo is that?

I try to check if any airbnb available or you just shooting blank.

I guess u never book airbnb b4. Try to book airbnb for one night and see.

You are one of those ppl that blame everything on someone else.....
Get yr proof and present to mght committee and have airbnb and all forrm of rental arrangement banned lah.
mun_moon
post Oct 29 2018, 02:57 PM

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QUOTE(BEANCOUNTER @ Oct 29 2018, 02:51 PM)
Might sharing which condo is that?

I try to check if any airbnb available or you just shooting blank.

I guess u never book airbnb b4. Try to book airbnb for one night and see.

You are one of those ppl that blame everything on someone else.....
Get yr proof and present to mght committee and have airbnb and all forrm of rental arrangement banned lah.
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Cant deny but agreed with you
damonjun11
post Oct 29 2018, 03:57 PM

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QUOTE(BEANCOUNTER @ Oct 29 2018, 01:51 PM)
Might sharing which condo is that?

I try to check if any airbnb available or you just shooting blank.

I guess u never book airbnb b4. Try to book airbnb for one night and see.

You are one of those ppl that blame everything on someone else.....
Get yr proof and present to mght committee and have airbnb and all forrm of rental arrangement banned lah.
*
Dont get me wrong. I am not all against airbnb.

Yes. I m not a airbnb host and i have annoyed by the airbnb guest.

I have seen it with my own eyes. picnic by the pool, queuing by the lift to wait for access card while soaky wet etc etc.

Complained and it was dealt with and similar issues occur in the coming weeks.

I agreed that airbnb would lessen burden and generate extra income for prop investor.

But it come with whose cost?

I am not totally against airbnb but the regulation way too loosen.

It should be registered and regulated like grab.


BEANCOUNTER
post Oct 29 2018, 04:12 PM

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QUOTE(damonjun11 @ Oct 29 2018, 03:57 PM)
Dont get me wrong. I am not all against airbnb.

Yes. I m not a airbnb host and i have annoyed by the airbnb guest.

I have seen it with my own eyes. picnic by the pool, queuing by the lift to wait for access card while soaky wet etc etc.

Complained and it was dealt with and similar issues occur in the coming weeks.

I agreed that airbnb would lessen burden and generate extra income for prop investor.

But it come with whose cost?

I am not totally against airbnb but the regulation way too loosen.

It should be registered and regulated like grab.
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I suggest to experience and appreciate fully Airbnb, you need to try it out for yourself. no point discuss a war on paper only.

how do you know they are Airbnb guests? if you do, do you know who owner that these Airbnb guests rented from? take action again the Airbnb owner.

I also often see soaking wet guests enter lift. its annoying but I don't know if they are rentees, friend of rentees, ownstayers or Airbnb guests.

all I am saying is Airbnb guests are no different from hotel guests and renting guest or ownstayer. Behavioural from upbringing. If you have a bad father and mother, you will have a bad child,
gks
post Oct 29 2018, 04:27 PM

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Have you hear about law abiding Singaporeans when they cross border to Malaysia, they have become the demon on the road?

Nothing to do with upbringing of them. It is basically they know they can get away with it.

I guess most of the forumners here speaking from users and investor POV. There are many valid reasons why Airbnb are being banned in main cities or regulated strictly to the extend limit the duration of guest stays etc.

In Malaysia it is way too loose and it is not a good idea Local Council leave it to the hand of JMB and MC to manage airbnb.
BEANCOUNTER
post Oct 29 2018, 04:38 PM

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QUOTE(gks @ Oct 29 2018, 04:27 PM)
Have you hear about law abiding Singaporeans when they cross border to Malaysia, they have become the demon on the road?

Nothing to do with upbringing of them. It is basically they know they can get away with it.

I guess most of the forumners here speaking from users and investor POV. There are many valid reasons why Airbnb are being banned in main cities or regulated strictly to the extend limit the duration of guest stays etc.

In Malaysia it is way too loose and it is not a good idea Local Council leave it to the hand of JMB and MC to manage airbnb.
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bcos those singaporeans that behaved badly are having bad fathers and mothers.

dun talk about spore lah….a Japanese hostel also ban kau Malaysians.

if you are from a shitty family, you will be shitting anywhere, everywhere.

I welcome gov intervene and control. its getting a bit out of hand now as even developers are launching the entire project based on the premise of Airbnb usage. Riveria and Scarletz come to mind.
nexona88
post Oct 29 2018, 06:39 PM

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QUOTE(aaronpang @ Oct 29 2018, 02:43 PM)
Issues like crime, partying robbery, vandalism etc happens with short term/long term rental & owner occupiers as well.

Let's face it those who oppose AirBNB have self-serving bias. They secretly wished the entire condo is reserved for their exclusive use like a private resort.

Condo living means having to make sacrifices if that's not acceptable, sell your condo for landed and gated house.
*
Well said...
U really can read my mind 😎 especially the underlined part 😏
HELLO HELLO
post Oct 29 2018, 08:48 PM

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QUOTE(seikoho1 @ Oct 29 2018, 01:49 PM)
Airbnb don’t really work in Malaysia as hotel
Prices are cheap and affordable for visitors
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Where got?

Sibeh work well in malaisiao. Hotel per night how much and how many pipu can fit? 3-4 pp?

Using same amount of money a family of 4-5pp or 2 small families group can get a place on Airbnb.

And Airbnb doesn’t mean cheap. It has super expensive listing, in Malasiao there are listings more than rm1k to rm2k per night. Demand is sibeh high. Some time can fully booked for whole month.

In overseas there are whole island for rent on airbnb, with about rm10k/night, you can own the whole island for a night. No pray play with the demand also. Hardly can book a night.




HELLO HELLO
post Oct 29 2018, 09:00 PM

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QUOTE(BEANCOUNTER @ Oct 29 2018, 01:37 AM)
Generally for airbnb if you rent out 15days its more than enuf to either break even or with positive cash flow already.

I didnt check which of the above property can denand rm300 but obviously the owner is dreaming.
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Susah liao. Rm300/night for Ini macam punya listing standard hardly can get a booking. Almost impossible.
3-4 years ago market maybe. For today market want Ini Macam price, unless 1 unit can pack up to 9-10+ Above pipu per unit.

Now the market is spoiled with sibeh manyak choice, and Airbnb bookers become very picky, not purely about low price. No doubt manyak want economical 1. But some are not... style, design and experience come first than price. Just need to be unique. Just only good ID not enough to satisfy them.

This post has been edited by HELLO HELLO: Oct 29 2018, 09:01 PM
DrPitchard
post Oct 29 2018, 10:11 PM

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QUOTE(HELLO HELLO @ Oct 29 2018, 09:00 PM)
Susah liao. Rm300/night for Ini macam punya listing standard hardly can get a booking. Almost impossible.
3-4 years ago market maybe. For today market want Ini Macam price, unless 1 unit can pack up to 9-10+ Above pipu per unit.

Now the market is spoiled with sibeh manyak choice, and Airbnb bookers become very picky, not purely about low price. No doubt manyak want economical 1. But some are not... style, design and experience come first than price. Just need to be unique. Just only good ID not enough to satisfy them.
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I once tried AirBnB. The initial part, to kick start, is damn tough. Since with 0 ratings, its hard to get people to notice. Had to throw price like hell for the first few bookings. Once had bookings and rating start to build up, then price slowly increase to.

Possible to reach a decent income which is much more than the normal rental gain. Nevertheless, time consuming and tiring, especially if one only manages one unit on a part time basis. Thus, decided to give up in the end and swap back to normal rental strategy.
BEANCOUNTER
post Oct 29 2018, 10:25 PM

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Actually airbnbaso is not easy to manage.

Unless u got quantity otherwise for longer term also not easy to nake money.

Need to clean up this and that.

If give to airbnb operators they also care less of yr unit one...most time i think you spend time repair yr unit than renting out....

So appreciate airbnb while its still here....

Some hotel groups also list their popety in airbnb...geno is one of them.

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