Wednesday, 1 August 2012

House Rental

Today I research on the house rental matter.

In fact, the house rental follows the market house selling price. How do we calculate?

For example, the house current selling price is RM 300k. If you sell the house and keep the money in fixed deposit, you can get a 3% interest yearly. Therefore, this 3% could be your house rental for a year, which is RM 9000. Monthly rental is RM 9000 / 12 = RM 750. This calculation is based on a general house rental and sales from the online property websites.

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