you can still get 10% rental yield provided the property you target is really really dirt cheap somewhere the region of RM150-200K, but the golden question is, where to find these property in KL/PJ?? small risk small gain (by value) but high yield (by %), matematik tigkatan 2. crimson apartments (opposite NZX) for instance whereby its 10 years old, mid last year's transacted price for a 845sqf was around RM160-180K but now no more such price liao because LRT start construction...
currently, i am looking beyond KL/PJ (obviously) to small districts in klang, banting, salak tinggi, dengkil whereby apartment are still below RM250K. be prepared to face risk i.e. run down conditions and not compliant tenants for rentals. also, even after 5-10 years, property appreciation might be not what you think!
still a handsome 6-7% rental yield is achievable. why? cheap property, cheap rental (RM500-700), can buy a few and affordable even loan capped at 70%. if you are flipper, then not advisable. as housing is getting un-affordable in PJ/KL area, middle lower income group would have no choice but to move out in order to pay for cheaper rentals.
so again, you want lotsa cheapos property, 5-6 units, low mortage/unit, low monthly instalment, pure rental gains OR 1-2 units of super expensive units, higher mortage, higher monthly commitment and can flip in current market situation??? i dono what is right but at the moment, collecting rental is better...tomorrow is tomorrow...