Yup somemore i think the unit design is quite pratical...

9++ sqf unit hv 3 bedrooms,
11++ and 12++ sqf units with 4 bedrooms.

try to maximize the space with more bedrooms which can increase the rental....

That's my unit... I'm owner/agent. Revised Asking price to RM410k

wah, Jeff, ur price revise daily a...

suggest u onhold the unit til Icon city completion, will fetch even more higher...

i think u rent out now should be able to get decent rental to cover installment, positive cash flow maybe.

Agree, my Instalment are RM1176 p/m. So easily can rent out RM1600... Positive cash flow...

3 bedrooms unit with 1.6k rental at PJ...i would say is minimum rental.....furnish nicely a little bit can up to 1.8-2k...

But based on my dad's experience... He buy/sell 15 condos...

Need to spent AT LEAST RM15k fit out the Unit before renting at decent price...

Here's the breakdown:

1) Simple Kitchen Cabinet RM3,000
2) Iron Grille RM1200
3) Water heaters (2x Panasonic) RM900
4) Lightings: RM1800 (est)
5) Fans 2x (RM300)
6) Air cond points (2x) with Cornice to cover up the wirings RM2000
7) Air cond Master room RM1100 (1hp Panasonic)
8) Better kitchen sinks wet and dry RM300
9) Washing machine (RM900)
10) Fridge: RM1200
11) Simple Wardrobes: RM2500
11) Subtotal RM15,200

Rent all above = Partly furnished...

I think should be able to rent out RM2000+/- after above reno...

ok la, those PJ woking class ppl or students nearby college all quite rich, wiling to pay higher for rental to live in comfortable place...

locals will buy their own...

but can rent to africans and ME people...

u sure all locals can buy thier own?

now the property price skyrocket high, those fresh graduate just join the work force, how to afford?..

and PJ can see lots of local working ppl still rent...

No way... TRY NOT TO RENT TO Africans. They damage your property... Don't believe just visit Pelangi Utama and Palm Springs... Both infested with Africans...

Middle east and China National is Okay...

ya i will try to target local working stuff.....hope other owners will try to avoid african tenant too..they can easilly bring down ur property value..they are good in this..

why not, parents buy for students.

working couple join name to buy.

only africans and ME renting... true story oh.

not all local gt rich dad geh...

only africans and MEH renting...that very funny statement, wonder u really go to the PJ condo have a look or not?...all are africans and MEH a???...which condo is it?...

if they can afford 1.5k-2k rental, why cant they afford the monthly installment?

dai gor....some ppl just dun hv rich dad and they dun hv enough downpayment....and maybe 3 of them just graduate and share the 2k rental la...

are u in real estate business??

Normally, my friends Appoint 1 main tenant and sublet to 3-4 of their friends... He'll take the 2nd biggest room. He sublet the master room and 3rd room... My friend is a Chinese from Sibu. Small town ppl cannot afford to buy WHOLE Unit...

This post has been edited by Jeff_lwh: Jun 7 2012, 04:54 PM

Also, we have a thing called "Ministry House". OR ministry Apartment. Up to 6 person share the House/Condo/Apartment... Ie. up to 6 persons chipped in the RM2,000 rental.

All working people OR all students...

They make the house/apartment/condo available once a week for Care/Life groups... Christians should know what I'm talking about...

yaya..we shud have join owner committee to avoid renting to middle east and african..else jialat lor...

Yeah Me too

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Added on June 8, 2012, 3:24 pmAgreed. if not they will lower down the value of the property and more crime

This post has been edited by anniecyp2003: Jun 8 2012, 03:24 PM

Any update from taipan?