1036 sqf - 3 bedroom 2 bathroom 2 carpark

1. look at iproperty, for nearby condo or apartment renting out at how much per month and the unit size too.
2. Compare the Livista monthly loan + maintenance fee. How much are you bleeding or need top up if using the same area average renting rate (use high and low rate). Can you afford?
3. Near HTC is always a stigma for house owner and tenant, like it or leave it,
4. There are many other properties that worth your time to review and invest in.
5. Calm down and don't let the fake hype to influence your decision. High take up or booking do not equal to high loan approval rate.

Cheers.

Renting instead of buying will be the trend from now till future period. Liability free and can move to a new unit easily.
It's pretty normal for rental cannot cover the installment + maintenance fee.
Gone are the days of break even or got positive cash flow.
Very rare cases unless you got below market unit from those property guru deal with the developer.
Need careful on the below market deal as it's might be too good to be true and for risk taker.
Example is Selayang Star City, which one guru sold a lot to his students. Luckily, that abandoned project got white knight to revive it.

https://www.nst.com.my/property/2022/10/840...ty-has-new-life

Personal preference, will not consider any unit with gross price over 800K for investment purpose.
It's too risky and you will bleed more money every month.
If you can get rental 2.5K a month, still need top up at least 1K a month.
One year bleed 12K on prudent side, 10 years already 120K.
In the next 10 years will your property appreciate for 120K?
Even if can reach that market price, who willing to buy a sub sale unit for that high value property.
You need cash for 10% deposit, lawyer fee 20K++, stamp duty 12-15K, and other miscellanous expenses.

Why not consider rent a RM1,200 or RM1,500 or RM2,000 unit, do sublet?
Gain some pocket money.
More gunho one can do partition and rent out more rooms in prime location.

This post has been edited by ck2chan: Jun 1 2023, 02:01 AM

Sure, it's illegal as per tenancy agreement.
Even your tenant go rent out your extra parking is consider illegal right?

Still they are many guru out there promoting and teaching how to do sublet or partition.
They project very good income from the sublet business but silent in that if no one rent, you still need to bear the rental cost.
They never tell you about the maintenance cost for repairs and etc
Do so much for a few hundred pocket money

Correct.
Put in EPF, gold or stock with good dividend record is good enough.
Haha, no need so susah susah.
Managing the property and tenant is hell of a ride.