Sub 200k property, enlighten me. i assume is flat and outskirt.

A sub 200k flat location far out still command rental catchment? Why would one want to rent so far out



This post has been edited by jojolicia: Jun 28 2022, 10:37 AM

With these low income groups need to screen properly. Usually I go for families with young kids. They tend to be better paymasters from what I’ve experienced.

200k prop you memang have to do proper screening. Actually a lot of good tenants that can only afford this kinda places, not everyone poor is bad. Just avoid rempits.

The effective cost for stamp duty+ S&P, Loan agreement, for RM1mil property is say 4.5%, these "investors" margin target is way higher than 4.5%....
They play the long game. The group probably owns 10 or 20 units in a targeted area. They just need to flip 5 or 6 units among their circle to make a mark on the recent transacted amount.

Property Valuer will appraise the the property based on recent transacted amount within the area and bake in the maximum error margin. Just like that, the rest 15 units of their property price hike.

I'm not so sure whether property valuer negligence is liable to compensate the Malaysia banks. Has it been tested in court?

Yes, valuer do give conservative valuation based on market sentiment.. But what about when the market is skewed by these so called "investors" by doing above?

What processes do valuers include in their methodology to minimize the effect of market skew and give a honest and fair valuation?


In the end of the day, money talks.

property buyers goes to the bank to get the highest amount of loan. bank are incentivized to give out larger amount of loan. banker sends out valuation request to the list of valuers. valuer who gives the highest valuation will be given the job.

This post has been edited by syyang85: Jun 28 2022, 10:51 AM

No one ask you buy far out ulu places. There are a lot of low cost flats and apartments in KV in that price range. Otherwise where you think all the b40 that work in KL lives?

Outskirts wise choose those that are nearby industrial areas, people who work there would want to live nearby. Whole unit even the shittiest flat/apartment usually won’t be less than Rm800 if fully furnished, even those in outskirt places like bukit jelutong, kg subang, puchong etc.

Don’t need to care whether it’s medium cost or luxury.

The key is properties above RM600-800k are not accessible to B70. And T30 unlikely to look for properties in that price range either.

<There are a lot of low cost flats and apartments in KV in that price range. Otherwise where you think all the b40 that work in KL lives?>

Are you referring sub200, the likes of San Peng flats, likes of low cost dbkl apartment blocks at bandar baru sentul, miharja blocks, jln ipoh, jln kuching north apartments, blocks that goes by state name etc etc?

This post has been edited by jojolicia: Jun 28 2022, 11:19 AM

Dbkl flats are out of the question, don’t think you can simply buy those but yes those like the ones in Miharja, jalan ipoh, jalan kuching, segambut, bangsar, kerinchi/Pantai dalam if it’s near KL.

I know a lot of people scared of bad tenant but as long as you screen properly then you can avoid it. Plus bad tenants are not only those that rent cheap flats/apartments, even condos got bad tenant. At least if you get a bad tenant in a sub 200k flat/apartment the most you lose is around 1k a month plus the super cheap (usually below Rm100) maintenance fees. Those 600k condo you prepare lose 3k every month plus 500++ maintenance la. Might as well get 3 low cost units, based on probability getting bad tenants for all 3 units would be lesser.

Actually the bottom half of T30 would go for props in that price range but they never go for subsale condos in that price range. Either they go for new development which has lower or zero entry cost or go for subsale landed. There are so many choices in the 600-800k range, why would they choose some second hand subsale condo?

here a tiny violin for flippers. i have zero empathy for people who profit but adding zero value (even negative) to the economy.

I lived in my friend's Casa Tiara apartment for a few months a few years back... I also used to live in Sauja Subang for a couple of days quite some years ago...

In terms of noise... it really depends on where the apartment is facing....


From my experience... saujana is really noisy because it is directly facing/too near to the station and highway.... I can't imagine that new Aurora... which is just beside the ramp and main road turning up to subang will feel...


Casa Tiara on the other hand.... my friend's unit was facing the highway and lower floor... it is surprisingly quiet... maybe because of the distance and layer of obstacles infront absorbing the noise.... higher floor seems to be a bit more noisy though.... the one facing the city is very noisy cause the main road is just right in front and it is often quite a busy road...


I've always said subang is overpriced.... but recently it had turned into city status and SDP trying to make SS16 SJCC and TOD .... if the land in front of the LRT is used to build something that could revive the place... who knows... it might be the next Sunway Pyramid and property prices around there might go up even further...

This post has been edited by holypredator: Jun 28 2022, 11:53 AM

besides stamp duty, 'vendors' need also pay rpgt if applicable. except developers, few investor is willing to push price up single handedly in current market sentiment.

yes, many valuers are blacklisted by banks for given excessively high valuation. valuers are bound by 'the Valuers, Appraisers and Estate Agents Act 1981' and various rules. during bull run, valuers has low risk to give high valuation, many played this game but not under current market sentiment.

This post has been edited by icemanfx: Jun 28 2022, 01:22 PM

I used to stay there after married. Moved after 2nd kid born for bigger space.

Bought 130k now renting 1.1k fully furnished.

What's REITS return pa? If good i will liquidate and switch

Most novices bought poorperly because low entry cost and high leverage.

same road, near empire

u can see the construction site

This post has been edited by JimbeamofNRT: Jun 28 2022, 07:02 PM

well said

tbh there are plenty of flat around KV that is under rm200K. even in usj. can rent out for rm800 onwards

but thing is, are you prepare to deal with the "tenants" ?

well said.worse come to worst it is way easier to ditch 3 units low cost flat rather than rm600K condo

talking about subsale condo, at one point I was considering Seri Duta 2. it is a secluded condo but wife dont like the roads

maybe I can persuade her by next year since that day she said she fed up already with subang

This post has been edited by JimbeamofNRT: Jun 28 2022, 07:28 PM

My calibration meter is telling me, i ain't gonna expose myself to be mind fcuked by 4 possible tenantsx800 over 1tenantx3200 rental yield.

Rental yield comes /w property upkeeping cost, that manner is surely not viable