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TSsandhart
post Apr 16 2019, 09:14 PM, updated 5y ago

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I am looking for some property investment opportunities in KL area for capital gains and rental. Basically, the plan is to rent out the unit and using rental to cover mortgage and let go after 5 years with approx 30% capital gains. Any good recommendations? Thanks in advance.
dave1987
post Apr 16 2019, 09:44 PM

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nexona88
post Apr 16 2019, 09:55 PM

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Rental cover mortgage & 30% capital gain?

Good luck with that.especially in KL. Please share if u managed to find one 🙏
Bjorn1688
post Apr 16 2019, 10:00 PM

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QUOTE(sandhart @ Apr 16 2019, 09:14 PM)
I am looking for some property investment opportunities in KL area for capital gains and rental. Basically, the plan is to rent out the unit and using rental to cover mortgage and let go after 5 years with approx 30% capital gains. Any good recommendations? Thanks in advance.
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If such place existed you won't be needing to ask as it would have long since been snapped up.

Next.
Harry_Bobinski
post Apr 16 2019, 10:18 PM

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I wish to know as well. It’s like asking Coca-Cola what is their secret syrup made out of. If they are willing to share, the whole LYN property talk forummers are millionaires
woolei
post Apr 16 2019, 10:31 PM

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QUOTE(sandhart @ Apr 16 2019, 09:14 PM)
I am looking for some property investment opportunities in KL area for capital gains and rental. Basically, the plan is to rent out the unit and using rental to cover mortgage and let go after 5 years with approx 30% capital gains. Any good recommendations? Thanks in advance.
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along the Cheras maluri to balakong LRT line, simply get 1 can have 100% capital gain in either 5,10,20 years.
heavensea
post Apr 17 2019, 01:11 AM

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QUOTE(woolei @ Apr 16 2019, 10:31 PM)
along the Cheras maluri to balakong LRT line, simply get 1 can have 100% capital gain in either 5,10,20 years.
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Balakong lrt?
Mrt is it?
airtawarian
post Apr 17 2019, 03:47 AM

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i hv a unit in pv with good rental income with monthly 200 positive cash flow after deducting loan installment (mostly rent to student)
icemanfx
post Apr 17 2019, 06:52 AM

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QUOTE(sandhart @ Apr 16 2019, 09:14 PM)
I am looking for some property investment opportunities in KL area for capital gains and rental. Basically, the plan is to rent out the unit and using rental to cover mortgage and let go after 5 years with approx 30% capital gains. Any good recommendations? Thanks in advance.
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If rental could cover mortgage payment, qualified tenants would have bought/buy. Where are you going to find tenant?

Property is not newly discovered or invented. If property investment could be self financing, every da ma and kopitiam unkers would be multiple properties landlords. Where got chance for Gen y or z to queue to buy.

This post has been edited by icemanfx: Apr 17 2019, 07:50 AM
Fat3Twister
post Apr 17 2019, 09:00 AM

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rental cover mortgage not hard to find, but how to know whether can make 30% CA in 5 years? who can guarantee u that?
SUSNew Klang
post Apr 17 2019, 09:43 AM

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If rental can cover mortgage, you will keep it forever.
BeastB
post Apr 17 2019, 09:44 AM

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QUOTE(sandhart @ Apr 16 2019, 09:14 PM)
I am looking for some property investment opportunities in KL area for capital gains and rental. Basically, the plan is to rent out the unit and using rental to cover mortgage and let go after 5 years with approx 30% capital gains. Any good recommendations? Thanks in advance.
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Here's my recommendation, sit on your hands and invest something else for now....because prices are going to drop hard this year along with interest rates.

Free advice, and you will save 10s of thousands easily.
cdspins
post Apr 17 2019, 09:48 AM

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Haha... if you find one, tell me...you will be lucky enough if your rental can cover 80% of your mortgage and having 0% capital gain...
Harry_Bobinski
post Apr 17 2019, 10:03 AM

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QUOTE(Fat3Twister @ Apr 17 2019, 09:00 AM)
rental cover mortgage not hard to find, but how to know whether can make 30% CA in 5 years? who can guarantee u that?
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I bought a developer-reserved unit for the Zest@Kinrara back in 2010 at 350k. Rental, just enough to cover mortgage, not sinking funds. CA in 9 years from 2010-2019, definitely power, the only thing is, it's a buyer's market now LOL.
Fat3Twister
post Apr 17 2019, 10:20 AM

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QUOTE(Harry_Bobinski @ Apr 17 2019, 10:03 AM)
I bought a developer-reserved unit for the Zest@Kinrara back in 2010 at 350k. Rental, just enough to cover mortgage, not sinking funds. CA in 9 years from 2010-2019, definitely power, the only thing is, it's a buyer's market now LOL.
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All my units i get positive cashflow, in terms of CA, history is easy to tell..but 30% within next 5 years? I'm interested to know as well..
icemanfx
post Apr 17 2019, 10:29 AM

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30% gain in 5 years is 5.5% p.a compounded. After deducting loan interest, is 30% gain worth while?

Harry_Bobinski
post Apr 17 2019, 10:56 AM

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QUOTE(icemanfx @ Apr 17 2019, 10:29 AM)
30% gain in 5 years is 5.5% p.a compounded. After deducting loan interest, is 30% gain worth while?
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This is exceptionally true. Especially when said investment is not just mere thousands. I have never bought a property for the purpose of selling the property. I have only owned 3 properties thus far (most recent acquisition is a double storey terrace after staying in condo for the last 7 years and a 15 acre land which I grow palm oil trees which I bought 8 years ago - opposite of OSK Iringan Bayu). Hard work beats sitting down, praying, and guessing developers' next move
woolei
post Apr 17 2019, 10:15 PM

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QUOTE(heavensea @ Apr 17 2019, 01:11 AM)
Balakong lrt?
Mrt is it?
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ya paiseh, it MRT
edsheeran P
post Apr 17 2019, 11:01 PM

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QUOTE(icemanfx @ Apr 17 2019, 06:52 AM)
If rental could cover mortgage payment, qualified tenants would have bought/buy. Where are you going to find tenant?

Property is not newly discovered or invented. If property investment could be self financing, every da ma and kopitiam unkers would be multiple properties landlords. Where got chance for Gen y or z to queue to buy.
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Don't uds. Still need risk to buy property right? OP question is a bit naive, but should be possible to find such. Try your luck lo.
edsheeran P
post Apr 17 2019, 11:02 PM

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QUOTE(Fat3Twister @ Apr 17 2019, 10:20 AM)
All my units i get positive cashflow, in terms of CA, history is easy to tell..but 30% within next 5 years? I'm interested to know as well..
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Thanks for sharing. What is usually your method to find properties that will cover their own cost?

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