1. How much to top up from rental to bank instalment monthly ?

2 How long have you been holding the property ?

3. What is the estimated selling price now ?

4. How much is the outstanding loan ?

5. Any arrears in instalment ?

6. Where is the property located ?

I understand your frustration that what you are doing now doesnt bring value and to add further, you are 'paying' the tenant to rent your place.

You approach the bank to discuss how best to reschedule your loan but it will only be temperoraly. So in the long run, sell it to reduce whatever stress as I dont think property prices will turn around for highrise in the near future plus more will be added which gives further competition to existing units.

Selling yourself or through agent is better option than through bank auction but you need to have the ready cash to pay the difference to the bank b4 title is given to the buyer. You can try to apply for a standby personal loan to cover the estimated shortfall, if you qualify.

Using bank auction route gives you poor credit rating for future loans. Expenses for selling will be higher ... legal fees, valuation fees, auction fees etc and starting bid price is about 40k less than the current market price you estimated....about 380k.

So whichever route you decide, you still need to pay the balance of the loan ... just which is higher. I suggest you take the RM900 to pay the PL.

If your current living unit can fetch better rental, then exchange.