Apartments are good to let out but not for disposal. Landed property is still a safer bet.

Interest rate varies to different profiles. In my latest purchase I got lower than that rate. But anyway, these are not cast in stone. The rates varies all the time. But here demonstrates the methodology of accessing data and comparing rent against the installment. For maintenance, again some investors calculate everything. Personally I do not include that because banks don’t include them in my DSR calculations. Of course, this is provided my active income can sustain the outstanding payments then everything will be alright. Thanks for highlighting:)

@iherng - I agree that the interest rate would differ based on the individual. Lower interest rate than that is definitely possible, it’s just within the range of reasonable expectations based on current market conditions. A mortgage of RM1,700/month would imply that your interest rate is 3.2% which is practically impossible in the current market, unless you’re some tycoon or something. Nevertheless, I really appreciate your view on things and I totally agree with the fact that developer units may make sense for some people. It’s just that this type of info will reach or is usually intended for the mass market (property tycoons probably already have their own groups to bounce ideas off) and some of the numbers that were misleading threw me off. I would definitely recommend anyone who is considering investing, do some additional research and work out the numbers for yourself. Mind you, I’ve excluded a lot of the other smaller expenses, such as insurance and cukai pintu, etc. that will eat into that margin between rental and mortgage. Not everyone constantly look to buy multiple properties, and what goes in and out of your pocket really matters at the end of the day. Thanks for sharing your views though!

need include monthly insurance if loan.

Even if some money is out of pocket, imagine a bank that tells you, every month you put 300RM in your account, you get 2200rm in interest, that would be insane, still, that is what you get when a unit is rented out once you sell it, even if the rent does not cover all your costs.

Bukit jalil is just HOT for new projects. There are around 8 new projects within the last 6 months😂

now just turn into another soulless concrete jungle

Do you mean shop office? Or retail? Or grade A purpose built office building?

Unfortunately I’m not.

@@iherng too bad. We’re considering spending a year or longer there. If you know someone you like feel free to share their information

In this case, you already know the rent for your neighbours. So you can always establish your own safety factor. If they rent out RM2000, we can always use RM 1800 as our safety rate for calculation?

Glad you like it Edwin!!

Thanks for watching!!

In my opinion, yes. But it’s recovering rapidly after the market corrections.

Ok noted. Thanks for your reply. I am impressed 👍 with your knowledge ☺️

Thanks for watching Michael!!

Well it differs from developer to developer. I have stories with full DLP. But since the unit has been completed for some time, we can clearly identify issues from our neighbours as well:)

Sean, I see. Thanks for your advice. The project just VP like 6-8months ago. Was surprised that owners who purchased under con enjoy the usual 24 months DLP 🥲.

Only when market bad there are leftover units mah hahaha. If good market, everything sold out wan:)

Unfortunately cannot:/ Thanks for watching!

and if everyone to buy there just to rent, imagine whole block is for rent, the competition will be huge XD

Not leasehold, but bumi released unit. That's what I heard. But when I check the title, there are no direct indication. Also when I ask around the market, no one can give me a 100% answer to this :( It's 100% true as a disadvantage for Bumi investors actually, that's why you guys have to really do lots of research prior to purchasing.

@@iherng Thanks for the answer Sean. Yes, unfortunately there's no indication of whether the unit that you bought is a bumi lot or not as I've heard stories where the owner only realises that their unit is actually categorised as bumi lot when they tried to sell to a non bumi. Even for own stay, having a bumi lot is quite a disadvantage as your unit would be a lot harder to sell if you want to in the future, hence lower appreciation.

Great point. That would be the reputation of the developer. For this particular unit, the developer is the main township builder for the area so winding up would be almost impossible. But for non public listed or boutique developers, your concern is 100% valid.

Of course. But it depends on your expectations of return:)

Haha, i miss those days too but couldnt afford any of them. Hahaha

Where can find 5000sqft condo?

⁠@@Aeybiseediyaffluent areas like Dsara Heights, Mt Kiara, U Thant

Nope. Just sharing on how I'm leveraging on my team's resources to do better planning in costing. This actual unit is not for sale, just an example for discussion to better bring out the point.

@@iherng anyway keep sharing... just some fact check needed, a quick check of zoning for adjacent lot is easy !

He works at makeover guys. If that answers your question.

I work there mah. Also most of my units are done by them. So in terms of reliability, they’re pretty much my choice!

he is working for makeover guys , and hes upfront about it

I mean you're free to find your own ID to compare with The Makeover Guys, maybe another ID may more suit your needs. But one thing is good about The Makeover Guys is they're very upfront with the prices while some IDs will hide the prices until you ask for quotes and they ask a million questions about it.

Yes. You can contact the team directly via the link at the description:)

What is the benefit of the promo?😊