1. Parkhill Residence
2. M City
3. Scenaria
4. Tropicana Avenue
5. Vipod Suite KLCC
6. Tropicana Metro Park (Pandora & Paloma)
7. Damansara Foresta
8. The Reach @ Titiwangsa
9. Setia Sky Residences
10. Irama Wangsa, Wangsa Maju
11. The Haute Gurney
12. KL Traders Square, Jalan Gombak
13. OUG Parklane Block E (orange block)
14. Verve suites


FMT news

PETALING JAYA: Although the government has declared that Airbnb is legal, apartment and condominium owners may only rent out their units on the popular app if their management’s bylaws permit it, says a Kuala Lumpur City Hall (DBKL) official.


For some time now, there have been calls for online accommodation service, Airbnb, to be regulated – much like how e-hailing services Uber and Grab are now legislated – with some warning of the safety and security risks posed to neighbours of those renting out their units on a daily basis, though Putrajaya has made its stand on the matter clear last year.

Speaking at a dialogue organised by the Rehda Institute here yesterday, Md Azmi Mohd Shari, a legal officer from DBKL’s valuation and property management department explained a federal government circular pertaining to the use of Airbnb to rent out strata properties.

He said a circular from the urban wellbeing, housing and local government ministry states that in the case of strata properties, a management body’s by-laws will determine whether units in a building can be rented out via Airbnb.

“Residents have to check their apartment or condominium by-laws. If the management allows it then it’s ok, if they don’t, then residents should abide by the relevant by-law on the matter.

“If the building’s by-laws does not allow it, then residents who are aware of neighbours flouting the by-laws, should lodge a complaint with the management,” Azmi said, adding that the management can then impose a fine of up to RM200 on residents who flout the by-laws.

He said that as Airbnb was a relatively new issue, many management bodies had yet to decide on this in their annual general meetings (AGM) or extraordinary general meetings (EGM).

“So it’s up to the management bodies to decide on whether to allow it in their building or not. It must be brought up at their AGM and EGM.

“They must also specify whether the RM200 fine will be issued on a per instance basis, per night and so on.”

Azmi added that if residents of an apartment or condominium complained to DBKL that the issue had yet to be addressed at an AGM or EGM, they could inform DBKL who could then instruct the building management to conduct an EGM on the matter.

Azmi said if the management does not take action according to its own by-laws, then residents can report the management to their local council’s Commissioner of Building, who can then charge the management body’s members in court.

“They risk a fine of up to RM250,000 and a jail term of up to three months.”

Regulation the way forward

For Chris Chan, who owns a condominium near KLCC, the issue isn’t whether Airbnb should be allowed, but rather if it should be regulated.

“Some will say that renting out a unit on Airbnb can lead to security issues, but security issues can also exist without Airbnb,” she told FMT.

“The problem isn’t Airbnb, the problem is security guards and management bodies who don’t do their jobs properly. Even now, outsiders can often gain access to apartments and condominiums if security is lax.”

Chan said that at least with Airbnb, home owners were renting out their units to a person who used their identity card and credit card as cash payments weren’t allowed.

However, she did concede that the way forward was in regulating Airbnb, with the right measures in place to ensure owners declare to the management that they are renting out their units.

“Perhaps every time a Airbnb guest arrives at the property, their proper ID verification should be carried out and the amount of access cards given to guests could be limited,” Chan said.

She added that the owners who are renting out their units must also be contactable by the management or security should any issues arise while their property is being occupied by Airbnb guests.

Managing new regulation

Property expert Ernest Cheong says it would be difficult to manage Airbnb regulation.
Property expert Ernest Cheong however, believes that it would be difficult, if at all possible, to manage and monitor the regulation of Airbnb.

“Security in apartments and condominiums is lax enough as it is. Once an owner passes their access card to Airbnb guests, it’ll be difficult for the security guards to monitor and control their movements.

“I fear that Airbnb could be misused for illicit activities and residences end up being treated like vice dens.

“The best thing is to just ban the use of the app outright, adding that some countries have placed restrictions on Airbnb, including barring short term rentals,” Cheong said.

Airbnb, which has gone from a small start-up in 2008 to a company worth some US$30 billion (RM127 billion) has a presence in 191 countries around the world.

In Malaysia, some 11,698 accommodation providers were listed on Airbnb as of April this year.

Airbnb rentals in Malaysia can start from as low as RM44 per room per night to just over RM1,000 for an entire house which can accommodate 10 people or so, with some including facilities like private swimming pools.



This post has been edited by trust4you: Oct 5 2020, 04:58 PM

Protek like taxi drivers

Now property sale and rental market already Sibeh kaolat koyak jialat. Lagi impose this rules. More condo unit popping in lelong market.

Parkhill Residence
M City
Scenaria
Tropicana Avenue
and many more

is becoming a trend. others will follow soon.

protex protex mode on..

GG condo... auction everywhere like no tomorrow..
owners die leh...

Vipod Suite KLCC

Residence is meant for home not business.

Strangers could compromise security and exclusivity else condo need not restrict strangers access.

Gain for some, lose for other

can see some investor already reacted with sour face in the whole lowest forum.

Ofcourse I'm not surprised as this goes against their interest, even the person mentioned in the report is trying to divert the topic and objective from private nuisance to lax of security monitoring, despite I agree to the person's POV.

However for investors I would rather go on a less sympathy note, as they should have consider this factor before they purchase their property.

Guess u prefer to pay higher price for nothing to stay in hotel or hotel suite?

So there is absolutely no crime if rented to longer term tenants like for one month to 6 months?

This post has been edited by BEANCOUNTER: Oct 25 2018, 11:55 PM

Agree. Should only allow if the development is commercial title and paying commercial rate for utilities.

Prefer to stay at chain hotel as facilities and services is more consistent.

Do you like your neighbour to be Airbnb, have strangers come and go regularly?

The Reach @ Titiwangsa is also one of them, but I did manage to catch a glimpse of one listing there while I was browsing airbnb.

Where got? I go suria klcc, foodcourt pack like park! If poor all tapao go work eat.All restaurants still pack.

Btw alot of my frends says service apartments is the best if u do airbnb, not condo. Anyway, pls rebute my statement if u think is incorrect and why.

This post has been edited by gld998: Oct 26 2018, 08:19 AM

Even after M City ban airbnb, if you search the website, still can find ads listing over there.
I would say still able to do it. Just need to pakat with the guests (brief them what to say) and you must be around to check the guests in, hand them the keys / access cards personally. Even maybe checking out time also you must be around. More hassle. So is it worth the time and effort to manage? Guess not anymore.

I'm not too familiar with M City's unit layouts but if the airbnb unit there is a dual-key where the studio part operates as one while the owner stays in the other part, then it shouldn't be too much of a hassle to meet and brief the guest(s) personally. If its the entire unit turned into one and the owner is living elsewhere, then I agree that it will be a hassle.

I do remember seeing one or two layouts at the Reach also being dual-key ready and not surprised a few owners of those units plan to operate as such. They'd better hope the neighbours don't raise a stink later on.

for residence, i can imagine, having strangers come and go from ur neighbour unit.

on another hand, some suggestions. or just wild suggestions
1. maybe in future people want to buy units specific, for example Level 9 is for AirBnb only. other levels cannot do airBnb. something like that. so monitoring would be more effecient . just thinking
2. Units that put airbnb or whatsoever, need to pay some xtra maintenance. so win-win situation from management + owner . I don't know monhtly commitment or per guess. 1 guess RM10. so passive income to the management + the condo as a whole

This thread is pointless because end of the day an owner rent their unit as they see fit.

If anyone stops owners from renting including the JMB and MC they will get sued period

See the SMA 2013 pg87.

(5) No additional by-law shall be capable of operating -
(a) to prohibit or restrict the transfer, lease or charge of, or any other dealing with any parcel of a subdivided building or land; and
(b) and to destroy or modify any easement expressly or impliedly created by or under the Strata Titles Act 1985.

http://www.federalgazette.agc.gov.my/outpu...TA%20757-BI.pdf

come to think about it, if JMB/neighbours make life difficult for unwanted residence ,
later on -ve comments on airBnb will surely effect the owner right. one cannot simple ignore the JMB, sooner or later they will feel the effect

Heard that Southbank Residences along Old Klang Road got warring factions between airbnb operators and whose against it, not sure if banned or not.

Be great if anyone could confirm.

House rules or action such as barring tenant contravenes the SMA act and is therefore highly illegal.

Quite the opposite JMB cannot ignore respective owners rights. remember JMB is a legal entity and can be sued.

The only difference between short and long term rental is just the duration, so any attempts to restrict AirBNB will face the same legal challenge as trying to prohibit longer term rentals.

To my knowledge no condo is able to ban owners from long term rentals because SMA act protects their rights to rent and lease.

This post has been edited by aaronpang: Oct 26 2018, 10:42 AM

hotel is too cold and rigid, and small place. there is absolutely no personality. Yes you can get suites of 50m2 or whatever, but where to find the money to stay there for a month?????

honestly if you stay in high density condo or service apartments, you can hardly know yr neigbours. they too rented to tenants, and also come and go.

other time will be when I get out and see some human movement, they also quickly go into the unit, like wanted to avoid any human contact.

frankly you will be lucky to talk to anyone either in corridor or lift within a week.

there was one time, my opposite neighbour happened to left her key in the key house 'outside' the grilled door. I thought I be kind hearted and press the bell to inform her. When she saw me, macam gave me a look like 'what do you want? I have no salt n peppers in the house'. no a smile to greet me at all.

so there is no different whether its long or short term stay. in fact, Airbnb customers, I believe tend to be more friendly and international.


if you want to talk about bad hats, there are everywhere...….


landed neigbours ARE THE WORST.

1 Owh, that new condo next to Honda Old Klang road, didn't know it VP already.
2 I think with all high dense condo this matter will arrise.
3 if that place has a lot of family staying, +less attrition , less AirBNB units perhaps.
4 as long as the term n cons are put in line, one should think about a win-win situation.

1 is this the same, if JMB disallowing people to rent out to Students? the owner can counter back base on these rules?
2 imho, it's still time and money cosuming. the hasttle to go againts the JMB. in the end , at what cost?

I believe many service apartments also got...not only southbank.

I saw Airbnb at Citizen and Southviews.

Yes the law is quite clear!
A lot of issues crop up due inexperienced JMB passing bylaws which exceed their authority.

https://www.thestar.com.my/news/community/2...r-in-the-house/

The National Housebuyers Association (HBA) honorary secretary-general Chang Kim Loong, when contacted, said JMB could not simply impose any limitation to its whims and fancies as any house rules must conform with existing laws.

There are several ways to deal with JMB
1) Get organised and run for office.
Personal experienced with arrogant council that wanted to ban short term rental.
Supporters of short term rental got together to vote en-bloc, succeeded to remove chairman and council during AGM.

2) Initiate legal action.
Start with simple with a letter reminding them of their limits and move forward from there.
You can also write in and complain to COB.

This post has been edited by aaronpang: Oct 26 2018, 02:38 PM

any airbnb friendly condo ?

condo or service apartments?

I know one or two pure condos next to citta mall got Airbnb listing.

friendly or not, am not sure,

Airbnb may have lounge but is not equivalent to hotel suite in id or furnishing. a good hotel give pocket spring mattress; Airbnb mattress could give back pain. In hotel, house keeping is supervised; Airbnb housekeeping is depending on cleaner.

If one is a unfriendly person; whether to live in condo or landed remain lonely.

If strangers is accepted, why bother with multiple tier of security and access control. If international airbnb guests is acceptable, why not ph or foreign worker tenants?

Regalia
Face @ Platinum Suite
Summer suite
Vista alam
Studio 14
Etc.

At melaka even more. Developer builds new high rise target for ppl to do airbnb. Already preinstalled with digital lock codes at the main door.

come on lah….unless you can afford to live in hotel everyday of your life, you still need to come back to earth and enjoy yr thin mattress and do your own house keeping. why so lansi about short stay in hotel?

more important note is You should treat Airbnb home like your own home. I am realistic, not short term fantasy chaser.

I bet you talk to all the guests in the same corridor in your hotel room.

International guests include everybody except Malaysian citizens.

Airbnb guests are not stranger. In fact, your Airbnb host and portal provider have all the information about yourself, including yr pixs, yr drivers licence.

how many long term tenant that JMB got their face iD? or owner for that matter?

Some like to indulge when travel, some like to remain comfortable like home (at hotel). Hence, Airbnb is for certain group of customers e.g those travel cheap.

Airbnb could operate at service apartment, Soho but not residential.

which condo is that?
mind sharing info

At Kota Laksamana. Wave Residence and Atlantis Residence.

thanks..

then why you even compared hotel vs Airbnb since everyone has preferences?

unfortunately its not for you to decide where Airbnb can operate.

also pls boycott Grab too.

1. No problem! Happy to help. [Thanks to all comments from others too]

2. Thanks!

Am writing this while staying in Airbnb tonight.
My first 'airbnb' experience was more than 20 years ago, when I visited Denmark. The landlady just left the place to myself. So such practices existed pre-airbnb era. The internet and globalisation were not so extensive then. Personally I see no problem with an owner managing his/her own property to short stay guests. The problem I have is the existence of syndicates that manage such Airbnb operations. The unit I am staying now is like that, already I have three 'partners' whom I need to contact during this short stay. rather than 'hosting' a guest and showing local hospitality , this has generated into money making syndicates with little or no intention to 'share' experience. I would say keep Airbnb but ban agents or operators, as they are running a business without proper registration not paying tax.

Can you extend the explanation of operators are running a business without proper registration not paying tax?
I know Airbnb are getting crowd these days and the owners hire some agents or operators to manage their units.
Do you mean they are running a business without a business company registration? or REA license you mean?
I once read a post from Jay'Lord that he get scammed by one of his Airbnb operator
Guess that will happen when the rules are not execute closely by the authorities.

You dun need a licence in any form and substance to run an airbnb operation.

Jaylord dei sei lah....buyx3 for flip but when sheet hits the wall he had no choice but to appoint operator to rent out his vacant units

Airbnb is a commercial activity, increase demand and price of residential units; is detrimental to those looking to buy first home, should be banned from residential units.

This post has been edited by icemanfx: Oct 28 2018, 09:52 AM

Well u just got bad luck..
Normally its all okay...

And owners nowadays don't have the time... So they sub it to agents...

You got any fact or data to supporr yr case of airbnb increases the prices of resi units?

And who misses out in buying their 1st home?

Many owner become airbnb operator because they couldn't find long term tenants or rental is at below expectation. If airbnb is banned from residential units; those bought to rent and couldn't rent out are likely to let go at a cheaper price.

This post has been edited by icemanfx: Oct 28 2018, 02:12 PM

U still havent asnwered the question.

Do you have any facts or datas to support that airbnb increased the price of resi property?

Also do you have any data of on average how many % of a resi condo being used as airbnb?

A new, not-yet-published working paper suggests the popular home-sharing service might do just that. The researchers looked at rents and home prices in the 100 largest metro areas in the U.S. between 2012 and 2016. They found that a 10% increase in Airbnb listings leads to a 0.39% increase in rents and a 0.64% increase in house prices.

https://www.wsj.com/articles/how-airbnb-aff...ents-1508724361

https://www.citylab.com/equity/2018/03/what...rk-city/552749/

https://www.aeaweb.org/conference/2018/prel.../paper/sna9Y7s3

http://www.sharebetter.org/wp-content/uplo...erm-Rentals.pdf

This post has been edited by icemanfx: Oct 28 2018, 03:05 PM

Oh no......an average price increase of 0.64% wtf....how is nww owners are going to afford a new homes already????

Wait...shouldnt house prices increase jn tandem w unflation?
US inflation is below 1% ah?

RUMAHWIP / PPA1M, cater for first home buyer, as their first home to stay.

But look here:
Sentulmas: https://www.airbnb.com/rooms/27128458
Pandanmas: https://www.airbnb.com/rooms/28209578
Puchongmas: https://www.airbnb.com/rooms/26692697

PPAM Kepong: https://www.airbnb.com/rooms/27837127
PPAM Bukit Jalil: https://www.airbnb.com/rooms/27638290


Haha. People fully exploit these affordable housing now.

Why must be around when guest check in? Even if self check in if its done correcty it also can be done without alarming the residents there

This post has been edited by genyproperty: Oct 29 2018, 07:25 AM

It just assume that the mail box door is locked and you cant ask the guard to assist you

How yr guest is going to self check in?

Again, like what Bean mentioned, will any nearby resident or neighbour care who does what with their own unit? I lived in a condo for a few years dy and couldn't be bothered with my neighbours living next door to me on the same floor. Heck, I'm only familiar with the neighbours on my floor, but not those living below or above me. The only time we had to lodge a complaint is when we noticed our ceiling was discoloured and damp due to a water leak from the unit above ours.

And if the owner wants (or not) to personally meet the guest, that's his/her prerogative.

WOW RM300 per night, 5 nights per month enough to cover the loan already lar.

This post has been edited by submergedx: Oct 28 2018, 11:38 PM

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.

You must be new to airbnb. Nowadays most of the airbnb unit is self check in . You set a smart lock to your unit or a simple passcode lock to your mailbox. The password will be given to your guest prior their check in

This post has been edited by genyproperty: Oct 29 2018, 09:33 AM

There are condos/serviced residences where the mailbox room require a keycard access. Should that be the case, then the owner have no choice but to make himself/herself available in order to attend to the guest(s). That or the owner can notify the guard to allow the guest(s) access to the mailbox room once he/she gives the unit number.

I'm just only assuming here since I've not booked an airbnb unit in a condo with this kind of setup. From my experience, most of them are open and you just head to the unit's mailbox (which uses a passcode type of padlock), get the keys and keycard, and go straight to the unit itself.

For places that already ban airbnb / homestay / short term rental, the easiest method to make life hard for those still want to operate, is to install a door which require access card at the mailroom.

Another method is to disallow passcode / digital lock at the mailbox. All must use key.

This post has been edited by AskarPerang: Oct 29 2018, 09:19 AM

For the pro Airbnb forumners here, your views are from the lense of Airbnb users, investors or are you now staying in condo where significant units ran as Airbnb?

Hahaha..
RM 300 per night...
Good luck with that pricing..

I think you must be new to airbnb scene my friend.

Whatever u mentioned here are the old trick. And mostly used by airbnb operators. Bcos they simply dun care abt meet n greet. Bcos the property is not theirs.

I applause desRed. Despite not living in an airbnb b4 he knows exactly the tricks and ways.

You on the other hand...have no knowledge of how airbnb operate and the ban going on, if implimented

I think in KV only few apartment blocks are having significant airbnb guests....and mostly they are in kul city centre.

My rough guesses are summer suites regalia vortex the face.
How i know....bcos i watched plenty of Visit Malai utube...

And the rest and those out of kl cbd....even if they do have airbnb operation....the % of airbnb units vs long term guests and ownstayers are not significant at all.

At best any one time u search airbnb...few units will come out only. Usually not more than 10.

Hence i dun understand why ppl are so scary sheet abt airbnb.

Similar reason for ph.

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?

They are here whether you like it or not. join them if you can't fight them.

PH is much more worse..
Make no sense to worry about AIRBNB 😎

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?

Airbnb don’t really work in Malaysia as hotel
Prices are cheap and affordable for visitors

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.

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.

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

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

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

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.

Cant deny but agreed with you

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.

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,

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.

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.

Well said...
U really can read my mind 😎 especially the underlined part 😏

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.

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

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.

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.

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