My friend recently bought a unit at Sunway Ridzuan condo for RM210k, down payment was 30k so he took a loan for 180k with monthly instalment 1k and the unit was then rented out for 1.6k.
Sounds pretty good deal and after searching I found few units are for sale too, I know the condo is located nearby few colleges and thus occupied by a lot of students.
That sounds pretty good deal for me but not sure if the price will go further down amid the current economy and also whether the high rental rate is sustainable or not
Feel free to comment
Sunway Ridzuan Condominium, Sustainable rental return ?