Those handyman work only get paid well in countries like Australia, UK, USA
Passive income is the best. Like properties. Buy at good location.
How are you preparing for the future?, Market and Ecomonic gloom
How are you preparing for the future?, Market and Ecomonic gloom
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Sep 24 2025, 08:54 AM
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#1
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Senior Member
3,559 posts Joined: Sep 2005 From: Shenzhen Bahru |
Those handyman work only get paid well in countries like Australia, UK, USA
Passive income is the best. Like properties. Buy at good location. |
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Sep 24 2025, 09:21 AM
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#2
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3,559 posts Joined: Sep 2005 From: Shenzhen Bahru |
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Sep 24 2025, 11:07 PM
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#3
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3,559 posts Joined: Sep 2005 From: Shenzhen Bahru |
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Sep 24 2025, 11:35 PM
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#4
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3,559 posts Joined: Sep 2005 From: Shenzhen Bahru |
QUOTE(DoomCognition @ Sep 24 2025, 11:16 PM) Which location can give yields above 5% now? Can choose any location with price from 2015 onwards. If you buy before 2011, then understandable. I bought a few during Covid direct from developer. They were desperate so throw in huge discountOne of it I calculate my yield is 10.8% based on my low purchase price. House price also already increase 80%. Few months ago saw a property agent promote same neighbour unit upstairs and my jaw dropped when I saw the asking price. I won’t sell despite many agent cold calling. Will hold it for long |
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Sep 25 2025, 10:31 AM
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#5
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3,559 posts Joined: Sep 2005 From: Shenzhen Bahru |
QUOTE(DoomCognition @ Sep 25 2025, 10:05 AM) What you say is definitely a very big exception. Compared to Covid times, there are some appreciation, but compared to Pre-Covid, it is still the same at best. At least for areas that I am looking at. I also own properties that doesn't do well. Based on my experience dealing with properties I can share some lessons learnt and best practise:For your purchases, really one of the rare ones. Industry trend definitely does not show that. 1. Buy only at good location, even though they are very expensive. LOCATION, LOCATION, LOCATION mantra is never wrong. Even during COVID time, after I collect my key the very next day I advertise it in Mudah (not a popular portal) - I still get 3 random calls from property agents in a day! 2. If you can get reliable cleaner go for short term let like Airbnb rather than yearly rent. Much higher yield because you charge daily rate 3. Target expatriates. I raised the rate so high that it filter out local peasants (sorry). Those that inquire and book generally the tenant profile are good. They are cleaner and can take care of your property very well. Some even check-in with their OWN MAID. Knowing that it gave me assurance that the unit will be well kept |
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