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 Is there a rental reduction trend going on now ?, Your input, personal experience and comm

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Thasmita
post May 27 2022, 06:37 AM

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QUOTE(happysalad @ May 26 2022, 02:40 AM)
I do understand that property investment require long term strategy. but what would be your advice to those who regretted their purchase? be patient and wait? or exit to cut loss?
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Depends on the entry price I guess and location.

During boom days lousy location demanded very high price - if can dispose now- perhaps cut loss and reinvest in more hot areas as price is slowly picking up
Thasmita
post May 27 2022, 06:39 AM

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QUOTE(cutiepoopie @ May 26 2022, 08:21 PM)
How's the current situation now? Rental rates getting even lower than in 2019?
Any potential in increase of the rental rates eventually?
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Rentals are catching up now.
Thasmita
post May 28 2022, 01:19 PM

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QUOTE(langstrasse @ May 27 2022, 09:20 AM)
For landed or strata? Which area?
Got to qualify and clarify this bold statement lol
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Based on my experience

1. Bandar sunway - low cost flat. From pandemic era rental of rm 450/500 to 650/700
2. Hillpark - from pandemic era of rm 1,200/1,300 to rm 1,500/1,700
3. Brickfields older apartments from rm 1,300/1,500 to 1,600/1,800
4. Kepong saujana area - RM 550/RM 650 to RM 700/800
5. Pantai Dalam - RM 600/800 to RM 800/1,000


All of these are apartments/flats

 

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