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 Furnishing and rental, How much furnishing and how much rental

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murphyckf
post Oct 1 2019, 11:11 AM

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QUOTE(tmc @ Oct 1 2019, 11:02 AM)
I am caught in a bit of dilemma whether to provide full furnishing and rent my condo unit at higher rental, or just stay with partially furnished.

It's a unit about 8xx sf, 2 rooms, 2 bath. Already have 3 aircond, kitchen cab, grille. I think it can fetch RM1500 per month rental. Have to minus about RM300 from the rental for maintenance.

To bring it to fully furnish here is my calculation as like this :-

Sofa bed: Rm400
TV rack: Rm200
Washing machine: RM600
Fridge: RM750
Divan Bed with mattress (masterbed room) : RM400
Wardrobe: Rm300
Single Bed with mattress: RM350

Total: RM3000++

Are the calculation reasonable ?

After adding RM3000++ into it, how much additional rental should I charge ?
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Recently my condo has rented out for RM1,500, fully furnished. Aircon unit x 3, fridge, kitchen cabinet, stove, washing machine, microwave, bedframe x 2, 1 set of dinning table with chair and 1 set of sofa. It is all depending on your market price for your area. The most easiest is to go Iproperty there and search for the same condo unit and see how much is the market price. I did the same thing as well. Godd luck TS on renting out your unit.
murphyckf
post Oct 1 2019, 12:37 PM

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QUOTE(tmc @ Oct 1 2019, 11:22 AM)
I see that from iprop my prop type is asking for RM2000 for fully furnish. I am a bit skeptical about it.

If from RM1500 semi furnish, pay Rm3000+, and rentout for RM1800, do you think it is worth it ? I don't a situation of got price but no market. I also want to quickly rent out as fast as possible.
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From what I observe they would put on the cheapest price tag on the largest unit they are showing you on their advertisement. I might be wrong but that was at least 50% of my encounter on the advertisement they put up until I made a call to them to inquiry.

Well I'm not property guru, but I'm thinking your asking price is fair enough. Those additional RM300 x 12 months = RM3,600, maybe throw in your additional parking space.

 

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