JB Property Rental

[Localborn]

I've got some JB properties which have just been completed but the rental mkt is very soft atm. Anybuttie here know of lobang for tenants or good agents? Or anyone here who owns jb rental ppties? How do you guys handle it?

 

[sparrow01]

I am interested in the answer as well

 

[Mecisteus]

Just drop the price. Confirm you can find tenants.

 

[koja6049]

what kind of properties? residential glut, but commercial is doing well

 

[mummy1234]

We rented our semiD out at only rm2500 for 2 years to a young Malaysian Chinese couple. And renewed it at rm1800 for another 2 years cause they could not afford more as they had a baby while renting the first 2 years. They were good tenants so we kept them and they also agreed to help us pay our monthly maintenance for us about Rm180 a month. We later had enquiries with higher Budget of rm3000 for a group of Beauticians company lease.

 

[Wood41]

Really commercial doing well ?
Tiagong KL area too many malls.

what kind of properties? residential glut, but commercial is doing well

 

[koja6049]

Really commercial doing well ?
Tiagong KL area too many malls.

eh brother, ppl tok jb u tok kl

 

[henrylbh]

what kind of properties? residential glut, but commercial is doing well

You are just guessing. Only certain areas are doing well. On the whole, just as bad.

 

[ProLogic]

I've got some JB properties which have just been completed but the rental mkt is very soft atm. Anybuttie here know of lobang for tenants or good agents? Or anyone here who owns jb rental ppties? How do you guys handle it?

airbnb can?

 

[koja6049]

You are just guessing. Only certain areas are doing well. On the whole, just as bad.

you're guessing only

 

[henrylbh]

you're guessing only

Not guessing. I have been driving around quite frequently from gelang patah in the west to beyond Johor jaya in the east and to kulai town in the north and cannot fail to notice the vacancies. Even for those occupied, I am just wondering how the businesses could survive. For some the whole building could be abandoned or half built. There are simply too many wasted buildings around.

 

[ProLogic]

Not guessing. I have been driving around quite frequently from gelang patah in the west to beyond Johor jaya in the east and to kulai town in the north and cannot fail to notice the vacancies. Even for those occupied, I am just wondering how the businesses could survive. For some the whole building could be abandoned or half built. There are simply too many wasted buildings around.

Fwah....chiu driving around scouting for properties to buy?

 

[Wood41]

And someone thinks the commercial units are
doing well without residents / job opportunities?

Many buyers ( esp non landed ) are non- residents.

Not guessing. I have been driving around quite frequently from gelang patah in the west to beyond Johor jaya in the east and to kulai town in the north and cannot fail to notice the vacancies. Even for those occupied, I am just wondering how the businesses could survive. For some the whole building could be abandoned or half built. There are simply too many wasted buildings around.

 

[henrylbh]

And someone thinks the commercial units are
doing well without residents / job opportunities?

Many buyers ( esp non landed ) are non- residents.

May be he only goes to crowded places like city square or ksl or may be further a little like sutera mall or tc

 

[OngHuatHuat]

No worries, Sg property market recovering. This is the only one indicator that is utmost important to jb property market.

 

[jackieatbtu]

But I am sure your property is in better hands at the family. If rent to the beautician company, become dorm style, later after lease finish you need to renovate again.

We rented our semiD out at only rm2500 for 2 years to a young Malaysian Chinese couple. And renewed it at rm1800 for another 2 years cause they could not afford more as they had a baby while renting the first 2 years. They were good tenants so we kept them and they also agreed to help us pay our monthly maintenance for us about Rm180 a month. We later had enquiries with higher Budget of rm3000 for a group of Beauticians company lease.

 

[Wood41]

A semiD for S$500+ monthly rental

 

[mummy1234]

But I am sure your property is in better hands at the family. If rent to the beautician company, become dorm style, later after lease finish you need to renovate again.

Yeah, more important to get good profile tenants...she whatsapp me every month when she deposits the rental and she is very prompt.

 

[OngHuatHuat]

I hope can get such tenant too.

Yeah, more important to get good profile tenants...she whatsapp me every month when she deposits the rental and she is very prompt.

 

[mummy1234]

A semiD for S$500+ monthly rental

Malaysians middle class suffering from high inflation, must be understanding...some more young couple with newborn baby...

I was very happy they had a baby there. Cause after I bought the house then I was told there was a death of an old lady there. So the newborn kinda chased away the "badluck". Hope they have more babies there...