With ok ID normal unit want to Airbnb out and earn above long term rental already long gone liao. 3 years back can hit 10+k a month, now no more this kind of song liao. Unless the listing is super unique.

Manyak owner want long term rent, but empty few months cannot rent out. So rugi rugi put Airbnb to stop the bleeding only, Memang cannot cover the loan but better than nothing.

Barrier of entry to airbnb is relatively low. like many new businesses and investment in this country, there will be many new entries that lead the industry to un-worthwhile. given some developers purposely build for airbnb, supply airbnb will increase faster than demand in next few years. until the industry consolidate, expect a.r.r and occupancy to trend down.

This post has been edited by icemanfx: Oct 29 2018, 10:53 PM

I am airbnb operator myself And whatever i mentioned is an usual trick by airbnb operator now in Malaysia

For desred , his point of view is not as investor/group but rather an individual who run few unit airbnb as part time income. You can greet the guest if you own only one or two unit at the same area but how can you greet all the guests one by one if you have few hundred or thousand unit at different area? If you were to hire staff to cater for that purpose, it will incur additional effort and cost too and it all go back to the main issue is it worthwhile?

My point is if you are full time airbnb operator, you should choose the right area for airbnb at the first place which allow you to have self check in facilities installed.

This post has been edited by genyproperty: Oct 30 2018, 10:50 AM

For some prime and exclusive area, it can go up to RM 1000-2000 per night. I can reveal to you some example if you need further justification

You cant denied the fact that there are some group of people in this world that have higher spending power and you must put yourself into their perspective if you want to earn money from this bunch of people.

if u only have one unit then GG liaoo..u need volume to make it worthwhile. if only one than u already did yourself a favor there. haha

usually airbnb operator need to have minimum 10 units to make it worthwhile. need cleaning staff runners etc. headache also liaoo

You are right that such setup do exist but usually as full time airbnb operator we will try to avoid renting out unit with such setup. Unless the rental is very super attractive till we dont mind to engage full time staff to be there just to pass key and assist in check in even during the midnight.

It is two side of coin.

As i am the airbnb operator myself, i have bias to protect it. The current regulation only allow service residence/commercial title to be rent out as airbnb or homestay. Residential title is not allowed to be used for airbnb although there are some doing it for part time (rent one or two unit or rent room only) to sustain their installement or make some living. I think the current regulation is good enough and i happily follow the rule because all my units is “legal” to be used for airbnb or homestay purpose

For some house owner, i totally understand their dire need to protect unknown stranger to enter into their premise/common area which possibly cause unwanted crime, vandalism or safety issues. And for your information, airbnb platform have some safety and security feature installed to filter the identity of the guest.

Til now i have not heard any serious issues which alarming the relevant authority to regulate airbnb activity immediately. Grab is different story because it already have many cases like rape case, robbery case, safety issues, complaint from taxi etc which make them need to be either eliminated or regulated

This post has been edited by genyproperty: Oct 30 2018, 11:06 AM

Friend i know what is self check in is....

I was talkibg abt jmb decided to lock up the mail room w key access. How are you going to run airbnb without meet n greet?

Of course you still can work w guard...if you know them well.

At a condo nearby the Airbnb operators have arrangement with convenience store downstairs.
Guest collect and return keys via the convenience store.

It's a great win-win idea because the arrangement funnels customers to the convenience store and Airbnb operator can offer 24x7 check in.

This post has been edited by aaronpang: Oct 31 2018, 03:08 PM

Whoa....very creative.....thumb up...

Those airbnb haters....eat yr heart out....

The biggest loophole of airbnb is the platform only protect the properties and not the condo.. As long as guest didn't damage the properties... It is fine with operstor/host/Airbnb... What happen beyond the four walls... None of their concern... Did Airbnb provide platform for the Jmb, neighbours, affected stakeholders to lodge complaint for the nuisance caused by guests? And where are the operators/hosts when their guests are overcrowding facilities, creating nuisance at night and haphazardly parking and crowding visitor carparks/guardhouse?

Friend, Airbnb is not all rosy where the volunteer JMB try to battle all these... It is easy for operator/investors to welcome airbnb/honesty to increase the yield where they are not contributing to the long term living of neighborhood.

Aren't own-stayers, short/long-term tenants and guests also guilty of this as well? For those who spot this kind of behaviour at the facilities floor or next door, then lodge a complaint with the management office and if you know which unit those folks came from, then mention it to them as well. I'm sure appropriate action will be taken when this is done.

Not to say I'm pro-airbnb or whatever, but I believe that airbnb is here to stay regardless of what people may think of it. The more important question to ask is how to condos/serviced residence where a number of their units are used as airbnb/homestays regulate them? I've stayed at a 6 Capsquare Condominium airbnb unit before and did not see the scenario you described happening there.

First of all, most house rule will specify guests shall be accompanied by host/residents all the time... Why the responsibility to monitor and manage the guests fall to neighbors?

For residents and volunteer jmb, managing nuisance from Airbnb is unwelcome distraction where else for operators/investors they are looking to maximise return with minimise effort. So until solution for the gap is found, the battle between owner resident /jmb and Airbnb will continue.

1000% agree.

If owner wanna play airbnb they should be held responsible n not just pocket the profit.

Make noise? Repory to police
Wrongful parking? Clamp the car n fine

Doesnt matter airbnb or long term rent or ownstay or friend of owner all should be responsible by owner himself.

If you want to control should just ban all sort of rental agreement. It should put all issues to rest

Those who book accommodation under AirBNB are tenants.
Stop misinterpreting the rules to suit bias agenda.

JMB are volunteers, if cannot cope please leave. Nobody forced them into the role. It's a thankless job honestly.
MC are engaged by owners including AirBnB operators. If MC don't do their job the JMB should fire them.

So far all I hear are lame excuses, everyone is looking to profit be they short term and long term rentals.
AirBnB requires more effort since operators have to constantly upkeep and clean their property. Dirty listing is guaranteed not to get bookings.

I've seen many inexperienced JMB who let MC manipulate them into doing something stupid and not treating everyone fairly.

This post has been edited by aaronpang: Oct 31 2018, 09:44 PM

Are you sure you interpret the house rule correctly? Guest are guest.. Did guest sign agreement and been stamped?

In any cases... Some of the landmark courtcase already out and Airbnb lost big time....


We are not talking profit here. We are referring to nuisance created by guest where operators wash their hands and pinpoint to MA and neighbour to manage and monitor them.

And why SHOULD jMB/MC manage the guests where the responsibility belongs to host/operators?

No one here said neighbours or the JMB/MC have to manage outsiders, and neither did I. Like what the rest mentioned, its the residents/owners who are responsible and are expected to follow the rules but if any nuisance occurs as mentioned by the others, then either politely educate the neighbour (be it tenant/owner/guest), lodge a complaint or report to the relevant authorities. Let the culprit(s) face the music and serve as an example to the rest.

"Guest are guest" sums up the level of ignorance.
AirBnB terms of service forms the legal contract between AirBnB, host and renters.

Also renting an entire house means you're a tenant.

There is nothing out of the ordinary that JMB, MC or neighbor has to do.
End of the day MC and JMB has to do their job and take care of all the residents fairly.

Pesky neighbors can come in many forms.

I've experienced neighbors constantly complain of loud talking and noises coming from upstairs unit. MC investigate every time and reports upstairs unit is empty.
Maybe got ghost most likely the complainant has schizophrenia.

All claimed extra work is actually part and parcel JMB and MC normal duties.

This post has been edited by aaronpang: Nov 1 2018, 12:14 AM

Should include Tropicana Metropark, Pandora & Paloma

trust4you

Can add to the list places that ban airbnb:

- Tropicana Metro Park (Pandora & Paloma)
- Damansara Foresta