seems like it's going to be another 4-5k of houses coming up in sg ara in these few years

you should understand the factors of investing in relau -> bayan lepas area.

Ideal and other developers are building massive apartments

-Oversupply

Understanding the key behaviour the consumer that will make purchases in that area

-factory workers that are having RISK of retrenchment

Understanding the MASSIVE SUBSALE market after all these projects when OC is obtained

-High opportunity cost

What would happen when you can't no longer hold the property?

-RENT FOR FOREIGN FACTORY WORKERS

DNP / IJM cashed in a lot of Lands in Alma, seems like there will be a huge development in that Area

hahaha jalan yap chor ee? project by BSG?

Not looking forward for any Properties in

Juru -> Tambun -> Batu Kawan

Reason :

More than 10,000 units of Low Cost houses will be developed by the government.

Ask yourself a simple question,

How long will it takes for 10,000 units to be Occupied?

and How long will it be for your property to Bull even though LMC units are not even occupied.

hello there, we were talking about Mainland projects, please refer to our previous posts.

and it was the DEVELOPER WHO build to compensate those people bcause

-some political party promised that if THEY WIN, they will maintain the land (you know who)

so no choice, they discussed with the developer to come out with a solution (compensate terrace house) then government claim credit

so nowadays when developer compensate SQUATTERS(they are not supposed to be compensate according to the law), SQUATTERS demands for landed now.

so quickly go simply squad at a piece of land and build your own rumah atap, you will be compensated a landed by the state

oh well, typical malaysian way

"no complain, no action"

try go to the council and complain and see what happens.

oh by the wya, maybe the TOILET does benefits the people, so it's fine

Hi there, RM25K renovation?

that depends on what kind of contractor you appoint to do the renovation jobs,

some contractor can give you good fully furnished rougly 800 sq ft fully furnish no problem.

Some of them with only RM25k, you might only get a kitchen and floor tiles done.

that depends

pity you layan that fella, obviously he cant even afford to invest in property and talk nonsense.

keep mentinoing my deposit confirm apply and cannot get, waiting for subsidy to buy house.

definitely got no knowledge in real estate and invetment.

Hi Moon,

Regarding your question, it depends on what kind of property and how much are you planning to renovate.

I've held into some kind of properties for quite some time that I would like to share about how it works.

1) - The Latitude @ Tanjung Tokong

First Bought : RM695,000 (Direct from Developer)
Fully Renovation : 2% Cost (About RM14,000 +/-)
Electrical : RM2,000 Fans + Lightings for Whole Unit
Furniture : RM6,000 (for 3 Rooms) : I got nice furniture deal from "Courts", One Room for RM1,999 (Bedframe, Bed, Cabinet, Dressing Table)
Kitchen : RM2,999 (For a Portable Kitchen with Oven and Fridge)
Dining Table & Sofa : About RM2,000
Grill Door : About RM1,000 +/-

Empty unit renting for RM2,000. Mine was rented to a Singaporean previously and now a Japanese Tenant who is renting @ about RM2,800 currently.

RM2,800 x 24 Months = RM67,200
RM2,000 x 24 Months = RM48,000

Difference of Rental for 2 Years (Furnished and Empty is RM19,200) which my costing is about RM14,000.

I used to take 2 years as a breakeven point for Fully Furnished Unit.

Take note *Fully Furnished is better, not Fully Renovated*

In terms of economical wise,
I would suggest Fully Furnished as you may take a deposit of
2 Months + 1 Month = RM8,400 + Utility = RM8,900 (60% - I would recommend at least 50% of your fully furnished cost upon confirmation of rental)

That's how I do it all the time. As for fully furnished tends to be much more popular than empty ones. By calculating the speed and terms of rental, if you waited for 1 month, you lose money, the fastest you rent, the better it gets. Sometimes people tend to take my rent down at about 100-200, I'm fine with it as if i leave it empty for a month, I'll lose RM2,800