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 houzkey or house near singapore, investment purpose help me!!

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mini orchard
post May 21 2022, 06:41 AM

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QUOTE(jinghan @ May 20 2022, 10:41 PM)
Help! I am very confuse about these two houses. Any expert can give me suggestion? For investment!!
First house is houzkey which is Riverpark. So its destination is good as it near lrt. Start from fifth year i just need to pay RM1600++ per month and I am planning to rent it out. I think the rental can cover my installment. At the 9th year i plan to sell it out as now this house is just 600k so i can earn some right.
Second is the Centro jb city centre when near to singapore kastam. Just 400k and location is nice have free shuttle bus to sg kastam. But the developer is Solusi Kelana Jaya and i cannot find any details of this development. I also plan to rent it out and then sell it.

Which is the best choice?
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Every developers like buyer like you.

If property investment is straight forward, many overhang units would have sold long ago.
mini orchard
post May 22 2022, 06:43 AM

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QUOTE(jinghan @ May 21 2022, 08:22 AM)
ya i am a first time home buyer so i am confuse now need someone experience for advisešŸ„² Is the houzkey really worth it becos if i can rent it out to cover my installment and then sell it. It looks really great and i m trying to find its con
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Your idea is too simple to make money in today property investment .... buy low sell high. Doesnt matter is houzkey or other schemes.

Nowadays, most property rental WONT cover instalment if is 90% loan. If is 50%, then possible.

This post has been edited by mini orchard: May 22 2022, 08:31 AM
mini orchard
post May 22 2022, 10:04 AM

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QUOTE(jinghan @ May 22 2022, 09:52 AM)
many ppl tell me like this but how ya. why cannot cover as i  see the rental can go very higb
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Initially if you buy for own stay but because of reasons you have to move out, you rent it out even it doesnt cover your instalment to minimise your loss.

But if you buy purposely to rent out in today's market, more likely it wont unless that property is 'unique'.

If rental can go very high, more likely all are sold. You dont have a chance to buy.

Today, most landlord are 'paying' tenants to rent.

Eg .... instalment 2k, nett rental collection 1.5k to 1.8k
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