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> Which subsale Prop Rental can cover installment?, Subsale Prop

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TSalvinchien1981
post Apr 20 2019, 12:58 PM, updated 5 months ago

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May I know which subsale/new prop rental can cover bank installment?

1) Budget below rm600k
2) Assume 25 years loan tenure and 70% loan amount
3) Prefer at least 6% ROI?
4) Any klang valley prop
5) Prefer condo/landed, not low cost flat
6) Not auction property
7) Prefer prop with walking distance(less than 400m) to LRT/MRT/Monorial

Thanks
victorian
post Apr 20 2019, 01:00 PM

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QUOTE(alvinchien1981 @ Apr 20 2019, 12:58 PM)
May I know which subsale/new prop rental can cover bank installment?

1) Budget below rm600k
2) Assume 25 years loan tenure and 70% loan amount
3) Prefer at least 6% ROI?
4) Any klang valley prop
5) Prefer condo/landed, not low cost flat
6) Not auction property
7) Prefer prop with walking distance(less than 400m) to LRT/MRT/Monorial

Thanks
*
interested too

This post has been edited by victorian: Apr 20 2019, 01:02 PM
gld998
post Apr 20 2019, 01:22 PM

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QUOTE(alvinchien1981 @ Apr 20 2019, 12:58 PM)
May I know which subsale/new prop rental can cover bank installment?

1) Budget below rm600k
2) Assume 25 years loan tenure and 70% loan amount
3) Prefer at least 6% ROI?
4) Any klang valley prop
5) Prefer condo/landed, not low cost flat
6) Not auction property
7) Prefer prop with walking distance(less than 400m) to LRT/MRT/Monorial

Thanks
*
If have I want to buy 10units.. full cash also can... drool.gif


AskarPerang
post Apr 20 2019, 01:41 PM

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QUOTE(alvinchien1981 @ Apr 20 2019, 12:58 PM)
May I know which subsale/new prop rental can cover bank installment?

1) Budget below rm600k
2) Assume 25 years loan tenure and 70% loan amount
3) Prefer at least 6% ROI?
4) Any klang valley prop
5) Prefer condo/landed, not low cost flat
6) Not auction property
7) Prefer prop with walking distance(less than 400m) to LRT/MRT/Monorial

Thanks
*
By doing this method. Example Casa Green, Bukit Jalil.
1003 sqft, 2 car park
Price at 500k (asking).
Rental 3k++ by doing the method below:

» Click to show Spoiler - click again to hide... «


I always thought partition / subletting by room basis normally happen at lower end property such as flat or medium cost apartment. But guess I'm wrong. This bad property market today, I think force people to be more creative. Yes, this occur at Casa Green Bukit Jalil. A 500-600k property.
Watch the video and you will know confirm fail bomba requirement. From initial 3 bedroom convert into 5 bedroom units.

Layout of the unit:

» Click to show Spoiler - click again to hide... «



Video:




user posted image

Imagine converting the above kitchen space turning into living room:

user posted image

Original bedroom comes with laminated flooring, while you will see the partition room will be with normal tiles flooring.
Pics from that FB page as comparison:

user posted image

user posted image


The kitchen area turn into living room.
Yard area turn into small kitchen + washing machine.
Dining area convert into 1 extra room.
Living area convert into 1 extra room.
Here's the conversion drawn out:

» Click to show Spoiler - click again to hide... «


kimzee
post Apr 20 2019, 01:43 PM

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It's like asking who has extra money ........can put into my pocket or not.

Seriously successful property investments requires market intelligence and hard work. You can get advice from the many realtors around where you want to invest. I am sure many can steer you to their "sound investments". Whatever you get here take it with a pinch of salt.
Bjorn1688
post Apr 20 2019, 02:02 PM

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QUOTE(alvinchien1981 @ Apr 20 2019, 12:58 PM)
May I know which subsale/new prop rental can cover bank installment?

1) Budget below rm600k
2) Assume 25 years loan tenure and 70% loan amount
3) Prefer at least 6% ROI?
4) Any klang valley prop
5) Prefer condo/landed, not low cost flat
6) Not auction property
7) Prefer prop with walking distance(less than 400m) to LRT/MRT/Monorial

Thanks
*
Do you have any to share?

Is that 6% ROI based upon your 30% deposit? smile.gif
propertybuddy
post Apr 20 2019, 02:31 PM

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QUOTE(AskarPerang @ Apr 20 2019, 01:41 PM)
By doing this method. Example Casa Green, Bukit Jalil.
1003 sqft, 2 car park
Price at 500k (asking).
Rental 3k++ by doing the method below:

» Click to show Spoiler - click again to hide... «


I always thought partition / subletting by room basis normally happen at lower end property such as flat or medium cost apartment. But guess I'm wrong. This bad property market today, I think force people to be more creative. Yes, this occur at Casa Green Bukit Jalil. A 500-600k property.
Watch the video and you will know confirm fail bomba requirement. From initial 3 bedroom convert into 5 bedroom units.

Layout of the unit:

» Click to show Spoiler - click again to hide... «

Video:


user posted image

Imagine converting the above kitchen space turning into living room:

user posted image

Original bedroom comes with laminated flooring, while you will see the partition room will be with normal tiles flooring.
Pics from that FB page as comparison:

user posted image

user posted image
The kitchen area turn into living room.
Yard area turn into small kitchen + washing machine.
Dining area convert into 1 extra room.
Living area convert into 1 extra room.
Here's the conversion drawn out:

» Click to show Spoiler - click again to hide... «

*
The method rental is Transacted or Asking rental...??

propertybuddy
post Apr 20 2019, 02:34 PM

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QUOTE(alvinchien1981 @ Apr 20 2019, 12:58 PM)
May I know which subsale/new prop rental can cover bank installment?

1) Budget below rm600k
2) Assume 25 years loan tenure and 70% loan amount
3) Prefer at least 6% ROI?
4) Any klang valley prop
5) Prefer condo/landed, not low cost flat
6) Not auction property
7) Prefer prop with walking distance(less than 400m) to LRT/MRT/Monorial

Thanks
*
Not hard to find at all..
Kyotoarm
post Apr 20 2019, 03:01 PM

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maybe you can go to Faizul Ridzuan seminar, he can assist you to purchase property grade A & B.
gld998
post Apr 20 2019, 03:48 PM

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QUOTE(propertybuddy @ Apr 20 2019, 02:34 PM)
Not hard to find at all..
*
QUOTE(Kyotoarm @ Apr 20 2019, 03:01 PM)
maybe you can go to Faizul Ridzuan seminar, he can assist you to purchase property grade A & B.
*
brows.gif brows.gif brows.gif all the con man come out from hiding to make money!
gld998
post Apr 20 2019, 03:50 PM

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QUOTE(AskarPerang @ Apr 20 2019, 01:41 PM)
By doing this method. Example Casa Green, Bukit Jalil.
1003 sqft, 2 car park
Price at 500k (asking).
Rental 3k++ by doing the method below:

» Click to show Spoiler - click again to hide... «


I always thought partition / subletting by room basis normally happen at lower end property such as flat or medium cost apartment. But guess I'm wrong. This bad property market today, I think force people to be more creative. Yes, this occur at Casa Green Bukit Jalil. A 500-600k property.
Watch the video and you will know confirm fail bomba requirement. From initial 3 bedroom convert into 5 bedroom units.

Layout of the unit:

» Click to show Spoiler - click again to hide... «

Video:


user posted image

Imagine converting the above kitchen space turning into living room:

user posted image

Original bedroom comes with laminated flooring, while you will see the partition room will be with normal tiles flooring.
Pics from that FB page as comparison:

user posted image

user posted image
The kitchen area turn into living room.
Yard area turn into small kitchen + washing machine.
Dining area convert into 1 extra room.
Living area convert into 1 extra room.
Here's the conversion drawn out:

» Click to show Spoiler - click again to hide... «

*
Bro.. failed bomba requirement... later really got fire... how? sweat.gif
New Klang
post Apr 20 2019, 04:31 PM

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Fat3Twister
post Apr 20 2019, 05:05 PM

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QUOTE(gld998 @ Apr 20 2019, 01:22 PM)
If have I want to buy 10units.. full cash also can...  drool.gif
*
talk is cheap
TSalvinchien1981
post Apr 20 2019, 07:15 PM

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QUOTE(AskarPerang @ Apr 20 2019, 01:41 PM)
By doing this method. Example Casa Green, Bukit Jalil.
1003 sqft, 2 car park
Price at 500k (asking).
Rental 3k++ by doing the method below:

» Click to show Spoiler - click again to hide... «


I always thought partition / subletting by room basis normally happen at lower end property such as flat or medium cost apartment. But guess I'm wrong. This bad property market today, I think force people to be more creative. Yes, this occur at Casa Green Bukit Jalil. A 500-600k property.
Watch the video and you will know confirm fail bomba requirement. From initial 3 bedroom convert into 5 bedroom units.

Layout of the unit:

» Click to show Spoiler - click again to hide... «

Video:


user posted image

Imagine converting the above kitchen space turning into living room:

user posted image

Original bedroom comes with laminated flooring, while you will see the partition room will be with normal tiles flooring.
Pics from that FB page as comparison:

user posted image

user posted image
The kitchen area turn into living room.
Yard area turn into small kitchen + washing machine.
Dining area convert into 1 extra room.
Living area convert into 1 extra room.
Here's the conversion drawn out:

» Click to show Spoiler - click again to hide... «

*
TSalvinchien1981
post Apr 20 2019, 07:16 PM

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QUOTE(alvinchien1981 @ Apr 20 2019, 07:15 PM)

*
Good idea ah, will look into this.
Harry_Bobinski
post Apr 20 2019, 07:25 PM

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Lmao. I cannot imagine anyone would live in the converted bedroom place. While it is very creative, 5 units will probably command utmost 2000-2500 - normal 3 bedroom per room rate. Your typical apartment circuit breaker would not be able to sustain 5 ac, definitely not Casa Green. Another thing is, I highly doubt anyone would rent the rooms if the asking price is around 500/room.

This post has been edited by Harry_Bobinski: Apr 20 2019, 07:26 PM
TSalvinchien1981
post Apr 20 2019, 07:26 PM

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QUOTE(kimzee @ Apr 20 2019, 01:43 PM)
It's like asking who has extra money ........can put into my pocket or not.

Seriously  successful property investments requires market intelligence and hard work.  You can get advice from the many realtors around where you want to invest.  I am sure many can steer you to their "sound investments". Whatever you get here take it with a pinch of salt.
*
Yes, I agree with u
TSalvinchien1981
post Apr 20 2019, 07:29 PM

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QUOTE(Bjorn1688 @ Apr 20 2019, 02:02 PM)
Do you have any to share?

Is that 6% ROI based upon your 30% deposit? smile.gif
*
I had heard of Dsenza, PJ, student area.
Create more room to get higher rental, as method show by Bos Tupai.
Harry_Bobinski
post Apr 20 2019, 07:34 PM

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I think Bjorn1688 has a unit in Sunway Velocity. He buy very expensive. Can get 7%-8% ROI. He sell to you at 1100 psf, he will lose the opportunity but you can grab it
TSalvinchien1981
post Apr 20 2019, 07:41 PM

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QUOTE(Harry_Bobinski @ Apr 20 2019, 07:34 PM)
I think Bjorn1688 has a unit in Sunway Velocity. He buy very expensive. Can get 7%-8% ROI. He sell to you at 1100 psf, he will lose the opportunity but you can grab it
*
Velocity should above rm600k?
Bjorn1688
post Apr 21 2019, 12:36 AM

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QUOTE(alvinchien1981 @ Apr 20 2019, 07:29 PM)
I had heard of Dsenza, PJ, student area.
Create more room to get higher rental, as method show by Bos Tupai.
*
If you are willing to put 30% and don't student tenants, try Tiara Damansara.

You can get a unit for RM550k if you keep your eyes open, give it a paint job and throw in some IKEA furniture and you could rent it for around RM2.4k per month if you rent it out by the room.


gld998
post Apr 21 2019, 12:24 PM

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QUOTE(Fat3Twister @ Apr 20 2019, 05:05 PM)
talk is cheap
*
True.. so what do u think? Instead of leaving all to risk, what not buy shares and ASBN or for non bumi buy ASW or AS1M.
Currently I manage to get 500k cash into the investment. at least 6%. I have the cash. Do you?

user posted image

I rather put in FD then rent out that give me 3% and hope for the best.
Pakatan tak ada harapan destroy all hope of Msia recoverying in the next 3 to 5yrs. I hope RM drop further as I dont earn in RM.

This post has been edited by gld998: Apr 21 2019, 12:27 PM
kimzee
post Apr 23 2019, 12:42 PM

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QUOTE(gld998 @ Apr 21 2019, 12:24 PM)
True.. so what do u think? Instead of leaving all to risk, what not buy shares and ASBN or for non bumi buy ASW or AS1M.
Currently I manage to get 500k cash into the investment. at least 6%. I have the cash. Do you?

user posted image

I rather put in FD then rent out that give me 3% and hope for the best.
Pakatan tak ada harapan destroy all hope of Msia recoverying in the next 3 to 5yrs. I hope RM drop further as I dont earn in RM.
*
Exactly my sentiment.....most of these rental investments can only get marginally better returns than good ole FD and you have to put up with hassles of tenants and maintenance.

As for capital gain sadly under PH it is very unfavorable in this current market condition.
leodinouknow
post Apr 23 2019, 12:57 PM

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cash is king
BeastB
post Apr 23 2019, 02:31 PM

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8 years ago, close eyes and buy anywhere betweeen 350k - 600k range (assuming decent location, not cyberjaya or putrajaya BS).....you can cover installment.

Today...you need to be a pro. AKA, lot of patience, some intelligence, and lots of negotiation.

So read up online and work on your negotiation skills.

This post has been edited by BeastB: Apr 23 2019, 02:32 PM
icemanfx
post Apr 23 2019, 02:42 PM

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QUOTE(BeastB @ Apr 23 2019, 02:31 PM)
8 years ago, close eyes and buy anywhere betweeen 350k - 600k range (assuming decent location, not cyberjaya or putrajaya BS).....you can cover installment.

Today...you need to be a pro. AKA, lot of patience, some intelligence, and lots of negotiation.

So read up online and work on your negotiation skills.
*
During bull run, every punters think he is a gold finger, could turn anything he touched into gold. Only after the tides turned, will reveal who was swimming naked.

meteoraniac
post Apr 23 2019, 02:53 PM

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QUOTE(BeastB @ Apr 23 2019, 02:31 PM)
8 years ago, close eyes and buy anywhere betweeen 350k - 600k range (assuming decent location, not cyberjaya or putrajaya BS).....you can cover installment.

Today...you need to be a pro. AKA, lot of patience, some intelligence, and lots of negotiation.

So read up online and work on your negotiation skills.
*
No need 8 years, 4 years ago prop can more than cover installment with cap appreciation. Key is location n entry price.
KimiLau
post Apr 23 2019, 03:10 PM

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QUOTE(Kyotoarm @ Apr 20 2019, 03:01 PM)
maybe you can go to Faizul Ridzuan seminar, he can assist you to purchase property grade A & B.
*
+1

Become his client then you can buy Solasta, the only grade "A" property money can buy.... rclxms.gif bruce.gif rclxm9.gif icon_idea.gif brows.gif icon_rolleyes.gif
BeastB
post Apr 23 2019, 03:26 PM

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QUOTE(meteoraniac @ Apr 23 2019, 02:53 PM)
No need 8 years, 4 years ago prop can more than cover installment with cap appreciation. Key is location n entry price.
*
I will never bank on capital apprecation, I only care about rental vs installment. Any capital appreciation is just a bonus for me, since everything is paper value until sold off.
userguy
post May 2 2019, 04:35 PM

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Endah Promenade Sri Petaling. Below $400k and can rent $2100.

 

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