Is Park View rental stable?

I was asked if Park View rental can fetch consistenly at $1500?

I assume that everyone aware that the rental is depend the condition of your house, renovation,furnished etc. The price $300K and Rental $1500 is the latest transacted price at that area.

Exactly 12 months since last year, total 6 of my friends own 8 units there. We bought at the price range from $225k - $293K.. $293K is the latest acquire last month. Rent out $1500 also rent out last month with the price she bought at $260K. You may do your own math.
Our rental range from $1000 - $1500.

Details of my viewing of Park View done in May can be found here.

http://perfectinvestmentjounery.blogspot.com/2014/06/first-rental-properties-viewing-park_19.html

There are 2 more units under SPA procedures now. I believe there will be more units acquired by my network of circles.

Another Great area is Pangsapuri Widuri. Details can be found below link

http://perfectinvestmentjounery.blogspot.com/2014/06/viewing-at-pangsapuri-widuri.html

Last Friday,my colleague share with me that his brother bought $70K at Kulim Kelang Lama double storey terrace, Reno for $10K and rent out at $800 per month. It is not at superb location but just so so.

The questions is 我们看得起这些产业吗?

Everyone keep mentioning the property price is high, damned high. Wait for bubble to burst, I want to wait, I want to buy cheap etc……Because all of us are looking at the high price property which good marketing is done for the public. For those no marketing and required a LOT OF WORKs no one to look at. 我们人都是懒惰的.

Do not do homework and just keep complaining.

Every now and then,I been ask for advice, can buy this property or that property or not? I only can tell them 2 phrases:

1)      Very expensive ler (I do not do much study and only comment like public)

2)      Is there any other better options? (I do not know the surrounding as no study)

I cannot comment Good, go ahead to buy. Because when the project failed to be complete or did not get good capital appreciation, I will get blame. If price increased, then I am safe.

I also cannot comment Bad, do not buy. Because when the project complete and price go up 30% when it is ready, I will be blamed because asking them not buy. When the project did not do well, no one will thank me also.

So it is tough situation. I only can tell the area that I bought into and I had done some survey.

Currently studying into Seri Mutiara Bandar Seri Alam at Johor. Possible no money down and cash out RM32K upon completion of the SPA.

Bear in mind,there are a lot of JEWEL surround us.