hi danteakc, sorry to hear about your situation. Do share with us when you are able to resolve this issue. My rented place in HH is next to an empty house, dunno if anybody will move in in the next 2 years when I'm still staying there. Would really hate to face your kind of situation. Thanks.
heheh... teasing Sanur... From what I learned from my investment guru, the house that we stay in is also considered as a liability because we need to pay for it. When it is fully paid off, then it can be considered an asset. Another way to look at asset is whether it makes money for you or not.
I don't mean to "pour cold water", but in terms of looking for rental from students, the demand might not be strong because of the boarding hostels available within Educity. And it is usually the student pool that will drive rental prices because the parents will be willing to pay good money for their children to live comfortably and focus on their studies. E.g. in SS15 Subang Jaya, there are 4 colleges in that area and house owners actually rent out rooms on a per head basis. Each person is RM350, so if 8 persons stay in a double-storey house, the total rental is RM2800.
As for the working adults, professors and executives, the demand will depend on whether those projects take off, and we'll know in the next 2 years (2013). Having said that, there's high chance that the rental won't be able to cover the installments for places like Imperia or EL because the purchase price was very high and supply could be more than demand. As we know, most execs just want a place to stay/rest/etc. A small % will be willing to pay for small luxuries, so that means they wouldn't want to pay for a high rental. Just my thoughts... I could be wrong. TGIF!