Hi all, I'm Eric Chong, property investment consultant in Malaysia. 1st of all, sorry that my english is'nt proper, but i hope my sharing can really ADD VALUE for you.
I realise that was many property "Investor" in Malaysia, but not everyone of them can make money,
Here i am to share 3 strategic whether how am i going to do property investment :
1st. Clarify "NEEDS" of the location
Always clarify that what is lacking on this area.
Example :
Cheras have a lot residential. Should i invest residential?
In my suggestion, i would like to invest Shop lot, High end offices, factory, shopping mall etc.
We need to always know what is the needs of this area.
Suggestion to Invest :
Hotel Management project in Melaka
Reason : Melaka town is tousirm area, they are lack of hotel.
2nd Future Development of the area
There is always investor say : I MUST BUY PROPERTY IN KL, ONLY KL will earn money?
Is it true?
Yes, it is true, If you are buying property in KL 10 years ago.
Because 10 years ago, KL is in the midst of development.
So that this story tell us, for location who are in the developing, definately will earn money.
Suggestion for invest : township investment. which 1 developer build the whole township. ( But price need to take as consideration )
3rd Rental Income VS Monthly installment
How to identify should i invest this property?
Example :
Property price : RM 500,000
Loan : 90% RM 450,000
Interest : 4.5% ( take it as reference)
Tenure : 35 years.
Monthly Installment : RM 2,130
Your monthly rental income should more than RM 2.6k and above.
But there is alot investor monthly installment was RM 2.1k, but rental income only RM 1,500.
this is negative cashflow.
Perhaps that my sharing can give you a little bit idea on how to invest.
Again. sorry for alot of broken english. But i was trying to give more value to everyone investor in Propsocial. Chill