since last year the property agent keep pumping up the rental price.

My contract for rental property expire late last year they keep telling me market rate 30% extra bantai only. Already 7k per month, they keep tell me new TA all 9k.

In the end i settle for 7.5k for another 2 years. Reason? i go drive around the area, see the car/foot traffic condition. And how many shops with rental/sale banner. What i see is, rental 9k is wishful thinking for those agent. Of course they want UUU, they lose nothing and gain a lot. My shop empty 3 months i rugi 21k just like that. New tenant i need pay another month commission, and on top of that need take risk cos dunno what extreme imbecile i might get. No thank you lor. Now the rental collected is enough to offset my monthly installment and tenant paying on time never miss no sob story kasi chan type i happy enough. Dont be too greedy.

Luckily i go with my instinct. Cos right after new TA signed, the shop beside empty until now almost 6 months already. roughly rugi 45k just like that, because u want the "extra" 2k per month. totally not worth.