Hi all, am looking for a condo to invest now but couldn't find any which can fetch a 6% rental yield. Kindly advise if you have any suggestions on this. thanks
*better below RM300k
Most probably from a reputable developer, and one that can offer low down-payment with Guaranteed Rental Returns.
Do bear in mind that as a owner, the maintenance and sinking fund will be borne by you. It will definitely come from the rental you receive from the tenant (provided you have rented out successfully)
Just my 2 cents worth advise above.
@domng any subsale that caught your attention?
Yes there are a few developers that can give more than 6% rental yield, if you have the capacity Pavillion is one of the options. Normally rental yields itself depends on the tenant. If you rent it out to a local family normally rental yields will be ranging around 3.5-4.5% unless u tenanted it out to Expats, students rental yield would be higher. Ive got 1 unit selling at 599K renting out to students with RM2700, if u are interested.. :)
@nik_umair88 hi Nik, is this subsale or new? whats the promo package? thanks
@nik_umair88
Looks promising... is it a sub-sales unit with existing or potential student tenants?
@domng yup.. Subsales.. Existing.. Prompt pay master..
If u have the capacity 2mil++ i recommend u pavillion roi 6%++
Restriction: Bumi only
Hi Sean may I know you looking for which area ??
@seanlow31
Current market is not too difficult to find a property with rental yield 6% or above. All depend how skills you are.
:)
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subang jaya ok for u?
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How about petaling jaya
subang jaya ok for u?
@duenlim not skill enough, that's why am asking... could you share your thought? thanks
@nelson_greatlif me staying at jalan ipoh, where u can recommend? thanks
@stevenjai22 whats the condo name, need to see the location first. thanks
showroom ready at USJ1. if sean u r interested welcome visit showroom
@stevenjai22 new launch?
@seanlow31
Improve your skills 1st by attending seminars, books, and etc.
:)
yes. if u can visit showroom please add my whatsapp i can send u location. 012 3492880
@seanlow31
Petaling jaya also new launch
Suitable for invest and own stay
Please whatsapp me I send for you more info
subang jaya has 6 colleges & sunway university there students are in waiting list for your unit
@seanlow31 0196888624
Actually.. U can still under bumi lot.. But its abit troublesome.. Need consent from land office.. n there some penalty need to be bared.. Negotiation between buyer n seller.. I can reccommend other units if u like.. Can me your contact details.. 012-2456660.. Yes other alternatives you can venture in getting higher yields is through airbnb & booking.com..
let me think about it first as am currently investing at Jalan ipoh/ Jalan kuching area. will WA you guys if I need more detail. thanks
welcome sean. even if u prefer to invest at jalan ipoh again also i have project for u.
@seanlow31
Please leave your contact I will send some details for you
@seanlow31
Hi Sean,
if you dont mind new project in Cyberjaya, I can recommend one. Perhaps I can email to you details for your consideration.
Cheers
JW
@jesswyh sorry Jessie, too far for me... thanks for the inputs
@seanlow31
No worries.
@seanlow31 i have property for sale with 6% yield for RM560K (estimated market value: RM585K quoted by licensed valuer). here the link. http://www.durianproperty.com.my/classified/2748211/Vue-Residences-Serviced-Residence-for-sale-by-Edward
its in KL tho..
@vueklsales why thinking of let go now while it's still can cover the monthly repayment?
@seanlow31
Hi Sean,
It's me again. :). Mont Kiara area has a new project. Mixed development, final phase residental, selling price psf is the lowest in that area. Freehold. 5 minutes walk to Mont Kiara International school. Worth considering.
Cheers
@jesswyh berapa selling o? lol
@seanlow31
oh sorry, I didnt see your budget bit earlier, Mont Kiara definitely over the budget. Selling at appx RM 1K psf. :). Smallest unit 696sf. Setia Alam is around budget, a slight over, mixed development, adjacent to International school, Freehold as well.
cheers
around 300k condo u can consider rumaWIP.
@jesswyh
What is the name of the project in Setia Alam?
@domng
Hi Dominic, it's call Edusentral
@jesswyh is subsale rite? how much and whats the size?
@jesswyh
K16xx is good grade property & one of the best in 17/18.
@seanlow31
No Sean, it is new development, price ranges from 349K up to 550K.
@jesswyh Are you agent or from the developer side for the mentioned Edusentral?
@seanlow31 Nothing is perfect, if can get 4-5% will be satisfy for most of us with the consideration of near to our regular go place or easy and convenient for us to monitor. Unless you are talking about oversea investment then you may get it at that rate.
@JohnL
Hi John, I am an agent
@JohnL my current unit can get more than 6% rental yield
@jesswyh Oh Alright, I saw there are 5 blocks with international school beside. What's the selling price right now for the dev and tentative Eta of the completion?
@seanlow31 Mind sharing where would that be or you got it at a very low price during the time you have purchase?
@jesswyh can provide more info? thanks
@JohnL bought that last time in 2013. So cant get the same price again now... still the property at jalan ipoh
@seanlow31 Owh alright, Yea, getting around that year would be good and yea, not the same price now definitely. =)
@JohnL I was trying to search for property that sell at cheap price during this time while many claims property price had decreased, just i couldn't get any yet... that's why am asking here.
sean, sentul west 432k ~ 467k is it suit your favor?
@JohnL
Hi John, sorry wasnt around yesterday to reply. Edusentral has 5 blocks, currently only 2 blocks has been launched, projected to complete 48 months form SPA date.
Price 349K onwards (before rebate). Wassup me your details and I will send you more info. 012 3916719
Cheers
@seanlow31
Hi Sean, can you wassup me your email address and I will forward you details on the Setia Alam development.
@jesswyh seanlow31@gmail.com
@jesswyh You can also share me here at jljc10@gmail.com, will drop you a whatsapp too. thanks
Hmm .... I think quite difficult to find a Condo , which can hit Roi return higher than 6% on current market .
@JohnL
HI John, didnt realise it was you that wassup me. I will also email you the details.
Cheers
Anyone interested in cheras selatan new launch resort style condo come with beach pool?
@kksah5097 why leh? everyone was saying property slowdown but still cant get anything like this now? this should be the best time to find rite? thanks
economy of malaysia slow down is the best time to grab properties because many attractive packages to save up your money. investors prefer to buy at this time.
share market and commodity market not too optimistic. property is the prior choice for investors to do money saving there.
@stevenjai22
Yes, agree to buy when economy slow down. The problem is, we do not know when it hits rock bottom?
If we can endure during the hard times, property IMHO is still a very sound investment for many in the long run.
@domng but we can't time the market rite, as long as we can find the asset that can gives 6% and more rental yield, consider good already and pretty sure it will appreciate in the long run.
Hi Sean, I’m Eric Chong.
Property Investment Consultant in Malaysia.
I do have one project come with Guarantee Rental Return 6% based on SPA Price. And The terms can up to 20 years.
Let me know if you are interest with this investment.
Below was my contact : 0143287302
@planaresidence new project?
@planaresidence pls share. thx
@seanlow31 thanks for sharing