A JB property investment thread

[CCCustom]

Staying at an AirBnB near Legoland now.

There are in fact quite a few advertised … most of them have at least a play corner with Lego bricks and other toys … several even have a Lego theme reno.

AirBnB is legal in M’sia … in fact the condo security is managing the keys (or rather, keycards) for guest check-ins.

If buy a condo unit in this area purely for doing AirBnB - assuming you have some arrangement for managing your unit’s cleaning and setting up for each next guest - that seems like a better investment than buying 1 of those RTS area properties?

 

[buttbERry]

can always try and let us know

 

[CCCustom]

You talking about medini area? No min rm1 million requirements but it's all leasehold property for now. Maybe got hope to convert to freehold.

Yeah Medini area, basically properties within walking distance to Legoland. Buy purely to do AirBnB + the once-in-awhile retreat when you have no guests.

 

[Firstclass1188]

Yeah Medini area, basically properties within walking distance to Legoland. Buy purely to do AirBnB + the once-in-awhile retreat when you have no guests.

Space Residency is the best, if you can find a unit, probably sub sale.


Read HWZ Forum Rules!

 

[kimkuan]

Staying at an AirBnB near Legoland now.

There are in fact quite a few advertised … most of them have at least a play corner with Lego bricks and other toys … several even have a Lego theme reno.

AirBnB is legal in M’sia … in fact the condo security is managing the keys (or rather, keycards) for guest check-ins.

If buy a condo unit in this area purely for doing AirBnB - assuming you have some arrangement for managing your unit’s cleaning and setting up for each next guest - that seems like a better investment than buying 1 of those RTS area properties?

the problem with Malaysia condo is after build liao, there is no maintenance after a few years it looks like crap.

 

[BigMonkey]

chiu know how the pyramid look like? guess chiu at which position now.

 

[xiao.xin]

Not this shittu again.

 

[JustForFun]

the problem with Malaysia condo is after build liao, there is no maintenance after a few years it looks like crap.

Almost all Malaysian buy landed ?

Where is the buyer for your condo ?

 

[coyote]

Space Residency is the best, if you can find a unit, probably sub sale.


Read HWZ Forum Rules!

No 1 million limit and so how much is the Space Residency 4 bedrooms unit?

 

[popdod]

Paging for mummy1234

 

[CCCustom]

the problem with Malaysia condo is after build liao, there is no maintenance after a few years it looks like crap.

Where is the buyer for your condo ?

I’m talking about buying in the Legoland area purely to do AirBnB + occasional own retreat when don’t have booking.

The place I’m staying for example, we start back-to-back after a previous booking, and The Other Half wanted to extend 1 extra day also cannot because got another booking right after ours. Of course, I expect this is peak period for such AirBnB during school holidays, but seems a better deal than say those who buy RTS area hoping property prices go up to resell, or those hoping after RTS up got long-term rental demand.

 

[fandango]

Staying at an AirBnB near Legoland now.

There are in fact quite a few advertised … most of them have at least a play corner with Lego bricks and other toys … several even have a Lego theme reno.

AirBnB is legal in M’sia … in fact the condo security is managing the keys (or rather, keycards) for guest check-ins.

If buy a condo unit in this area purely for doing AirBnB - assuming you have some arrangement for managing your unit’s cleaning and setting up for each next guest - that seems like a better investment than buying 1 of those RTS area properties?

AFAIK, occupancy only one-third in a year. Not going to cover loan, if you take loan

 

[fandango]

I’m talking about buying in the Legoland area purely to do AirBnB + occasional own retreat when don’t have booking.

The place I’m staying for example, we start back-to-back after a previous booking, and The Other Half wanted to extend 1 extra day also cannot because got another booking right after ours. Of course, I expect this is peak period for such AirBnB during school holidays, but seems a better deal than say those who buy RTS area hoping property prices go up to resell, or those hoping after RTS up got long-term rental demand.

Low months Feb, March, April, July, August, September, October is jin jialat one.

 

[bIkErS]

Staying at an AirBnB near Legoland now.

There are in fact quite a few advertised … most of them have at least a play corner with Lego bricks and other toys … several even have a Lego theme reno.

AirBnB is legal in M’sia … in fact the condo security is managing the keys (or rather, keycards) for guest check-ins.

If buy a condo unit in this area purely for doing AirBnB - assuming you have some arrangement for managing your unit’s cleaning and setting up for each next guest - that seems like a better investment than buying 1 of those RTS area properties?

Investment ???

I use to have the same think as u... until I know my jhk relative did this...

Cny time saw him and ask how was the 'investment'

He say is lose money... the management take 70 u take 30 of the monthly sales

And u must know not everyday can rent out and market have alot of it.

If a jhk is losing money we sinkie is no need say.

Unless u say u not going for investment when buying but more of a backup plan or have extra money to throw

 

[drkcynic]

Sinkies always think they are the smartest.
It's as if there are no smart people in JB.

To be honest, the most wily foxes are in JB. These people have no choice, their survival skills are born out of circumstances. Anything that can make money, they will be there first, don't need to wait for sinkies to "chanced upon" while holidaying.

So if you see some "investments" that have no locals doing, but all sinkies, just remember to run far far away.

That's all I want to say in this matter.

 

[proton_cannon]

Forest city no. 1

 

[Laguna123]

Ts talking about those that let ppl help u to manage the airbnb then u pay them a fee?

 

[Firstclass1188]

No 1 million limit and so how much is the Space Residency 4 bedrooms unit?

At least 1m, I booked a dual key unit, 3 bedder in 2019 was RM1m

 

[lifeafter41]

I’m talking about buying in the Legoland area purely to do AirBnB + occasional own retreat when don’t have booking.

The place I’m staying for example, we start back-to-back after a previous booking, and The Other Half wanted to extend 1 extra day also cannot because got another booking right after ours. Of course, I expect this is peak period for such AirBnB during school holidays, but seems a better deal than say those who buy RTS area hoping property prices go up to resell, or those hoping after RTS up got long-term rental demand.

If Legoland closed down then how?………

 

[beng_beng]

If Legoland closed down then how?………

Replaced by Disneyland. Huat ah...