Went to see Impiana at East Ledang today..
2 bedders selling at around RM600K..felt claustrophobic with the narrow hallways..based on this price, dont see much upside in the near future even with Educity/Medini etc..
if can rent for RM2500 per month...nett off RM400 (quite high) for maintenance and another RM200 for misc expenses...end up with just RM1900 per month or 3.8% pa returns...when compared to SG deposit rates, its good but realised that M'sia banks are already giving about 3.3 to 3.65% p.a for FD.....
i think maybe better to just put in M'sia FD and save all the hassle...
Bro I wont buy because it is 2 rm condo , not because rental is rm2,500 . If it is std size landed custer / terrace , even if can only rent for rm1500/= I will buy immediately ! Hence , I concluded that Nusajaya buyers dont really look at rental when making purchase of their dream house ! Didnt you buy BH cluster at 560K , can rent out easily at 2500/= ? I think if you are using your rental yield formula , you wont be buying liao . I think the magic formula for people like us is HDB rental income > than JB landed 2nd home can liao. !
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