Did you buy a property for the purpose of
investment? Or do you plan to buy a property for investment purpose? Or do you
have empty property and thinking of renting your house out to earn some extra
monies? With so many houses
for rent in KL, this guide will share with you some
inexpensive and useful tips to boost your house rental value and understanding
how to attract tenants.
1. Clealiness
I cannot stress this enough as this is the
most basic rule in boosting your house rental value in Kuala Lumpur: cleanliness. Many people overlook the basic rule of keeping their house in a clean
condition. This includes both the inside and the outside. Clear the garbage,
sweep and mop the floor, clear the mess, make sure the pathway is clear of
unwanted objects. Keep your unit clean, tidy and clear of obstruction.
2. Fixtures and fittings
Kitchen and bathroom fixtures such as
faucets, sinks, door knobs can get old quickly or even outdated. Consider
changing fixtures that have been around for more than 5 years. Take the design
and quality into account as well when you are changing them. The positioning of
fixtures and fittings play a major role in boosting up your house value as
well. Nothing annoys the tenant more than having a fixture placed at a very odd
and inconvenience location, for example, toilet paper holders located at an
unreachable location.
3. Paint
Choosing
the right paint, the right color makes a huge difference.
Using the right paint can instantaneously revive and brighten your initially
dull looking unit. Hence, choose a color that will brighten up your unit or a
color that adds a touch of liveliness for your unit. Nobody wants to come back
to a place where it further brings down the already-tired-from-work mood. Make
sure to use only good quality paint as well to protect your home and will
certainly last you a few years. If you are unsure of which color to choose, you
can always ask for advices from the stores, as most stores offer a wide variety
of colors for you to choose from and they will be able to advise you on the
matching of the color that suits your house theme.
4. Convenience
Stay realistic. You might really love this
lighting but it is not suitable for your unit that is smaller in size. You do
not want your tenants to feel restricted while living in it or feel stressed
out by worrying he might break your expensive European style lighting. Choose a
lighting that matches your house and consider the convenience that it will
bring to your tenants. Same goes to enough plug points in the house. Nothing
annoys the tenants more than having not enough plug points or having the plug
points located in an odd position, and end up having to buy extension plug for
their appliances, especially nowadays, we depend so much on electrical
technology. Forget about the idea of getting a really posh light bulbs or
curtain rod too. Imagine you being a tenant and having to go to different
stores just to buy that one particular light bulb that the owner is using. Not
to mention, expensive. This is going to be a huge turn off to the tenants. So,
keep everything simple, and convenient.
5. Good condition
Maintain your house. Service your air
conditioner once in awhile. Just like your wellbeing. You constantly maintain
it instead of only trying to stay healthy when you fall ill. Furthermore,
maintenance fee will be much cheaper than repairing fees sometimes. Notice a
clogged sink or toilet bowl? Fix it. Notice a leak in the kitchen? Fix it.
Notice a damaged light bulb? Change it. Has it been one year since you last
serviced your air conditioner? If yes, it is time to service it. Is the heater
still working? If not, service it. Keep the cabinets, sinks and tubs scratch
free and clean. Service them all while the problems are still minor. Do not
wait until it becomes a major problem and end up being a damage where you
cannot repair and the only way is to replace a new one. That will then cost you
a whole lot more than just servicing and maintaining.
6. Good housekeeping
Imagine you being a tenant yourself, would
you prefer a clean and tidy unit or a unit that is always messy and dirty? Your
answer would definitely be the former, and true enough, a good housekeeping is
what keep your rental value high. Tenants will much prefer a well-cared house
that is always clean and tidy. Engage with weekly cleaners to have them clean
your house weekly. Keep the kitchen and the bathroom clean at all times. This
will have a huge impact on your rental value and can also encourage your
current tenants to stay longer or extend their contracts.
It is actually not a hard job to boost
your house rental value in Kuala Lumpur if you follow all these
tips. Make some simple improvements to your unit and make your tenants feel
like it is more than just a house but a home sweet home. Most importantly, they
are mostly low cost. You will be blown away on how much of a huge difference it
can make if you follow all these tips and at the same time, boost your house
rental value in Kuala Lumpur.
Great tips.. thanks sharing :)
ReplyDeletenice tips kakk. thanks for sharing.
ReplyDeleteUyul Rosli | Blonolog Blogger Picisan