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Average Rental on Non-Landed Property in Klang Valley
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What'd be max ammount you're willing to pay to rent an appartment in Klang Valley?
RM 500 and below per month
6%
 6%  [ 1 ]
RM500-RM650 per month
13%
 13%  [ 2 ]
RM650-RM800 per month
33%
 33%  [ 5 ]
RM800-RM1000 per month
6%
 6%  [ 1 ]
RM1000-RM1300 per month
26%
 26%  [ 4 ]
RM1300 and above per month
13%
 13%  [ 2 ]
Total Votes : 15

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djenrelle



Joined: 06 Feb 2006
Posts: 109

PostPosted: Thu Mar 16, 2006 2:55 pm    Post subject: Average Rental on Non-Landed Property in Klang Valley Reply with quote

It's just a rough survey to see how much average malaysian afford and willing to pay monthly rental APARTMENT/CONDO in Klang Valley.
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Banzai



Joined: 25 Oct 2004
Posts: 3367

PostPosted: Thu Mar 16, 2006 3:04 pm    Post subject: Reply with quote

this is probably quite a simple one. My guess (and polled from my tenants) is about 1/3 to 1/4 of their salary goes to rental.
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mercuri



Joined: 03 May 2005
Posts: 4599
Location: KL

PostPosted: Thu Mar 16, 2006 3:26 pm    Post subject: Reply with quote

for me better dun rent, bunk in with relatives and safe the money for downpayment. Wink
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Yesproperty



Joined: 09 Sep 2005
Posts: 188
Location: Sri Hartamas

PostPosted: Thu Mar 16, 2006 3:27 pm    Post subject: Reply with quote

Banzai wrote:
this is probably quite a simple one. My guess (and polled from my tenants) is about 1/3 to 1/4 of their salary goes to rental.


Agree. Average income for Malaysian is about RM3100.
So the rental should be between RM770 to RM1030??
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nick1994



Joined: 24 Apr 2005
Posts: 6116

PostPosted: Thu Mar 16, 2006 3:27 pm    Post subject: Reply with quote

merc






this the reason why u still single lar.......



Laughing
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Yesproperty



Joined: 09 Sep 2005
Posts: 188
Location: Sri Hartamas

PostPosted: Thu Mar 16, 2006 3:28 pm    Post subject: Reply with quote

mercuri wrote:
for me better dun rent, bunk in with relatives and safe the money for downpayment. Wink


Excellent idea. 100% agree.
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mercuri



Joined: 03 May 2005
Posts: 4599
Location: KL

PostPosted: Thu Mar 16, 2006 3:32 pm    Post subject: Reply with quote

nick1994 wrote:
merc






this the reason why u still single lar.......



Laughing


single, so what lah? but why not if I can afford 2 red/black Banzai's fav 633 sf Verve and have 2 chicks coming in and out everyday? for u, want or not? Wink
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nick1994



Joined: 24 Apr 2005
Posts: 6116

PostPosted: Thu Mar 16, 2006 3:34 pm    Post subject: Reply with quote

mercuri wrote:
nick1994 wrote:
merc






this the reason why u still single lar.......



Laughing


single, so what lah? but why not if I can afford 2 red/black Banzai's fav 633 sf Verve and have 2 chicks coming in and out everyday? for u, want or not? Wink




lidat want 2 save........60 yrs old baru ken afford verve..............
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djenrelle



Joined: 06 Feb 2006
Posts: 109

PostPosted: Thu Mar 16, 2006 5:37 pm    Post subject: Reply with quote

Yesproperty wrote:
Banzai wrote:
this is probably quite a simple one. My guess (and polled from my tenants) is about 1/3 to 1/4 of their salary goes to rental.


Agree. Average income for Malaysian is about RM3100.
So the rental should be between RM770 to RM1030??


wallawei, if that so, many malaysians can buy at least medium appmt in klang valley or buy terrace or semi-d house somewhere in alor setar or kangar. interesting meh.... property business isn't limited avrage malaysian.
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winnie the pooh



Joined: 24 Jan 2006
Posts: 1999

PostPosted: Thu Mar 16, 2006 5:42 pm    Post subject: Reply with quote

put it this way... those who can afford such rental would not pay such amounts as they probably already own their own homes. Laughing

i'm just making an assumption here but i do believe the biggest rental market range is between rm400-600/month... nick1994's tenant being the exception. Wink
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Banzai



Joined: 25 Oct 2004
Posts: 3367

PostPosted: Thu Mar 16, 2006 5:49 pm    Post subject: Reply with quote

I think for most part, paying the rental is not the problem, paying the downpayment is. Then there's the issue of waiting for 3 years for the property to get constructed.

Just a guess.
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winnie the pooh



Joined: 24 Jan 2006
Posts: 1999

PostPosted: Thu Mar 16, 2006 6:00 pm    Post subject: Reply with quote

but if you go for high rental property to begin with, you will be stuck in the rut... not enough savings for downpayment even years down the road, no?
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djenrelle



Joined: 06 Feb 2006
Posts: 109

PostPosted: Thu Mar 16, 2006 6:30 pm    Post subject: Reply with quote

i do beleive that ones will only buy a property once he/she decides to settle down somewhere. this means a peacefull place or near hometown would be the better place.

thus, urban area remains as business opportunity to those who wants to invest.
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winnie the pooh



Joined: 24 Jan 2006
Posts: 1999

PostPosted: Thu Mar 16, 2006 10:28 pm    Post subject: Reply with quote

no la... first mother ask you to buy house near near, but cheap cheap. only later buy dream house at bukit utama. Laughing
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nick1994



Joined: 24 Apr 2005
Posts: 6116

PostPosted: Thu Mar 16, 2006 10:39 pm    Post subject: Reply with quote

nightmare.........................
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winnie the pooh



Joined: 24 Jan 2006
Posts: 1999

PostPosted: Thu Mar 16, 2006 10:59 pm    Post subject: Reply with quote

nightmare for others la... you what got worry? already got one at bukit utama what.
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nick1994



Joined: 24 Apr 2005
Posts: 6116

PostPosted: Thu Mar 16, 2006 11:01 pm    Post subject: Reply with quote

...choi!!!.....tai kar lai si.....




*touch wood*
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djenrelle



Joined: 06 Feb 2006
Posts: 109

PostPosted: Fri Mar 17, 2006 10:06 am    Post subject: Reply with quote

winnie the pooh wrote:
no la... first mother ask you to buy house near near, but cheap cheap. only later buy dream house at bukit utama. Laughing


only girls maaa... stay close close to mama and papa... all boys go jauh jauh but close to gf. this is what normally happen to young graduate.
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winnie the pooh



Joined: 24 Jan 2006
Posts: 1999

PostPosted: Fri Mar 17, 2006 10:13 am    Post subject: Reply with quote

ya la... girls buy house near to mama and papa. then move in with boyfriend who stays in bukit utama. Laughing
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nick1994



Joined: 24 Apr 2005
Posts: 6116

PostPosted: Fri Mar 17, 2006 10:16 am    Post subject: Reply with quote

singaporean wor
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djenrelle



Joined: 06 Feb 2006
Posts: 109

PostPosted: Fri Mar 17, 2006 10:17 am    Post subject: Reply with quote

that's the idea! papa and mama take care of the property Wink
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winnie the pooh



Joined: 24 Jan 2006
Posts: 1999

PostPosted: Fri Mar 17, 2006 10:21 am    Post subject: Reply with quote

singaporean spending power x2.3 ma...
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mercuri



Joined: 03 May 2005
Posts: 4599
Location: KL

PostPosted: Fri Mar 17, 2006 9:01 pm    Post subject: Reply with quote

Rolling Eyes , wonder there is any singaporean reading this thread, they must be blardi pissed! Laughing
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winnie the pooh



Joined: 24 Jan 2006
Posts: 1999

PostPosted: Fri Mar 17, 2006 9:09 pm    Post subject: Reply with quote

wonder whether there are any papas and mamas reading this thread whose daughter just told them she found this lovely room to let at bukit utama...

now THEY will be blardi pissed! Laughing
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nick1994



Joined: 24 Apr 2005
Posts: 6116

PostPosted: Fri Mar 17, 2006 11:03 pm    Post subject: Reply with quote

...nolar......those owners STILL hanging on 2 Bkt Utama....



they will b REALLY pissed............................that i am still taking the piss.....
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