QUOTE(tmc @ Jan 12 2019, 02:41 PM)
My tenant left my unit and now I have been looking for a tenant, but agent thinks my asking price need to drop rm200 to be comparable with market. I am keeping the same rate but coming to two month over, cannot find a tenant.
Is there a rental rate drop going on ?
Normal at today situation when supply > demand. Is there a rental rate drop going on ?
Especially when got newer supply completed offering the same rental package. Of course people will move on and rent from the newer unit.
For slightly old place will have to adjust the rental to remain competitive.
Here an example: https://forum.lowyat.net/index.php?showtopi...post&p=89989592
QUOTE
My tenant move out to a another condo same building for RM900 a month cause it aircon and kitchen cabinet. I rented out at 1.2k.