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

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Hofmann33
post Oct 26 2018, 10:29 AM

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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.
Hofmann33
post Oct 27 2018, 12:45 PM

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QUOTE(pilotHans @ Oct 26 2018, 11:36 AM)
1 good read indeed, thanks for sharing  thumbsup.gif

2 Rent& Return is urs? nice thumbsup.gif
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1. No problem! Happy to help. [Thanks to all comments from others too]

2. nod.gif Thanks!


Hofmann33
post Sep 17 2020, 01:39 PM

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Always see this topic come up, think people should be aware that there can be some consequences to ban Airbnb at your building that you should take note of.
1. Your Property Could Lose Value
2. Your Rental Income Could be Reduced
3. Your Condo Maintenance will suffer

Not 100% that these things will occur in every building la but it's possible to have this effect. So, before simply opposing, might just want to consider these outcomes.

https://blog.rentandreturns.com/why-you-don...-to-ban-airbnb/

 

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