Comments on: How to increase the return of an investment property to more than 20%?

By: annie

annie — Mon, 12 Apr 2010 10:31:13 +0000

hi..ong ” i want to buy apartment at Desa Tebrau>PLENITUDE, at price of 174k bcause i m bumiputra ,may i know more about this place do u think this is a good area to invest .Thk u

By: sky

sky — Wed, 24 Mar 2010 03:56:51 +0000

Hi Ongkl,

Thanks for providing a new angle of view in property investment in JB amidst all the bad comments from Condos perspective.

I am a strong believer that Singapore as a whole would be the biggest market for property investment in JB. With the fact that Singapore government envision an increase of population by 20-30% in the next 3-5 years.

I am currently in plan to secure a condos for myself (I am a Malaysian working in Singapore) and at the same time looking for alternative investment. However there’s this hurdle that constantly bugs my mind.

How do you factor management quality into consideration? From my point of view its more like a hit-or-miss equation based on luck. Also, it’d be great if you could input some comments on Danga View (280k bumilot) and Sri Samudera(280-300k 718sqf).
Thank you!

By: powerkickers

powerkickers — Wed, 20 Jan 2010 15:27:20 +0000

Good Article!

Possible to send me your excel spreadsheet?

Thanks!

By: Fact and Myth about Apartment Square Footage

Fact and Myth about Apartment Square Footage — Mon, 24 Aug 2009 22:40:30 +0000

[...] Wangi apartment in Tampoi discussed in our previous post “How to increase the return of an investment property to more than 20%?” is a typical example. The 3-bedroom unit is less than 1200 square feet. There is another corner-type [...]

By: Melvin

Melvin — Thu, 30 Jul 2009 17:11:58 +0000

ya, perhaps I’ve not got enough property agents to hunt the deals for me. So far what they’ve proposed is only about 8-9%. Some worse, even after giving them my spec, still propose something around 7% or less, as though they don’t understand ENglish.

By: ongkl

ongkl — Thu, 30 Jul 2009 13:58:13 +0000

Hi Melvin,

Quit rent, assessments & insurance are taken into monthly maintenance cost.

If you understand the market and prepare yourself with the fundamental of real estate investment, what you nee to do is to look for more property agents to help you find the good deals. They will base on your requirements to hunt the deals for you. Just make sure you give them the right requirements.

Cheers

By: Melvin

Melvin — Wed, 29 Jul 2009 16:36:08 +0000

Hi Ongkl, this is a great sharing, keep it up.
I’ve something want to ask, when you calculate your cashflow yield, don’t you take into consideration quit rent, assessments & insurance?
And as I’m from KL, which particular development offers such good yield? How to find them? So far at most is about 9% rental yield.

By: jasonhanjk

jasonhanjk — Tue, 14 Jul 2009 15:17:51 +0000

Andrew, there is a price difference from fully furnish and non furnish rental apartments.

By: Andrew

Andrew — Sat, 11 Jul 2009 10:15:59 +0000

Not sure how u managed to get RM1300 as I just looked up someone from adpost is renting Sri Wangi Tampoi at RM700 (1 floor above yours). That creates 2 questions:

1. the risk of tenant default rent upon realise the vast different from market price.
2. the better choice of sub-letting rooms of the existing property.

I like to invite anyone to discuss No.2

By: ongkl

ongkl — Mon, 22 Jun 2009 09:10:45 +0000

Hi wong,

RM125k is a bit high unless it’s very well furnished.

Cheers