Hi guys bought a condo back in 2018 for investment which is due to complete by 2nd quarter of 2022. 700+ sqft with 2Room 2Bath. Project is Youth City by GD Pavilion located walking distance from Aeon Nilai and Gembox (Malaysia's largest night market). For those sifu familiar with Nilai and surrounding area, please help me decide on these options below.

A) Sell it outright in 2022
B) Wait 5-6 years for it appreciate then sell it
C) Furnish and rent it out

RM386k nett then cash back another 12k so about rm374k

not really.
you calculate base on 70% interest 30% to principal.
use amortization calculator to see how much you pay for interest.

376k not sure you installment, might be roughly RM 1500 - 1600
your cost to cover interest rate RM 1050 - 1120
need to include your maintenance fee.
that is your cost.

the extra you pay in your installment is your saving.
even if you dont sell the property, if the property after 10 years increase in value, bank value it higher you can cashout money from it.
even if the value dont increase whatever 30% that you pay to your principal, when you refinance, you can still cash it out.

I was recently offered to look at Nilai condo as investment. i was told some gem box thing.
anyway i wasnt interested, i told the agent i am interested in KL. he say KL fully appreciate already where can make money. lol.

Where got room demands in this particular area..
Ts cincai renovate and rent out asap la, can foresee rental will go lower once other buyers panic and low ball by properly agents.

Btw why spend dekat 400k buy Nilai.. worse decision than high density lj area in KL.

380k at nilai can get landed already. Why people want to stay condo?
Go salak tinggi can get double storey for that price. Now also soo many new house being build. Price dropping and stagnant now. Even at labu 5min to nilai cant get double storey house for 360k.

Why?

They wont reveal the project name. As usual.