QUOTE(Minolta @ Aug 30 2009, 09:56 AM)
agents say bout RM1k/month easy without any retouch etc. Tenants prolly low-end "expats" or budget locals. But put in another RM25-30k reno, can go RM1.4-1.5k.
Return is ok, but Faber Ria is old.....I mean really old. But freehold. I just don't want to be overpaying something like this.
I don't think Faber Ria will appreciate much. Personally, I won't put in another RM25-30k reno on a property that won't apprecaite as I will need 4-5 yrs to cover it back. Indirectly, u are locking urself down for 5 yrs to cover back ur reno cost & by that time, ur reno will be out dated & won't add value to the property.Return is ok, but Faber Ria is old.....I mean really old. But freehold. I just don't want to be overpaying something like this.