ASKING SEAN

In this episode, we will address a DM regarding dual key and what I think about it.
For any development, there are 3 main factors that determines the form of the building. Land shape, plot ratio/density and the car park requirements are the main consideration and boundary to how a particular high rise is shaped and the number of units per floor layout.
Dual key came about as a solution to address the problem for big units. They are difficult to sell, expensive, and often ended up as overhang products. So by dividing the unit into two in terms of function, not ownership, it added lots of possibility to the large units. Rentability also increase as the audience for your tenant also became more. Now instead of only large families, a dual key can be rented out to bachelors + medium family, one large family, own stay + rental, airbnb both and many more possibilities.

[@lromycl]

Very interesting background story for the inception of dual key unit concept, really insightful. Was previously looking for a dual key unit for own stay as I would like to stay with my parent's but also value my own privacy with my gf/wife but unfortunately most of the Malaysia dual key unit layout are very similar. A large unit with kitchen, living room and etc while the second/studio unit have a miserably small pantry with open bedroom. The same layout can be seen again for larger dual key unit at 1800-2400 sqft which is absolutely ridiculous. So far I've only seen two condos that are spacious enough and reasonably designed to fit two families in a dual key unit layout. The target market for dual key unit in Malaysia are definitely mostly designed for rental market instead of multi generation co living. Hope to see more interesting/innovative offering in the future 😀

[@iherng]

Thanks for sharing that insight Cheah. You're absolutely right on the multi generation living type of dual-keys... It's really rare come to think of it=)

[@worldorderfx]

every video i learnt something new from you. Thanks and will keep supporting your channel.

[@iherng]

I really appreciate the kind words Albert=)

[@chongeway]

hi sean, why not you talk about your own portfolio in the next podcast. interesting to know your portfolio, why u have such portfolio and what's the return looking so far

[@andyvel]

there is better topics, such as this video. pay close attention. you might learn something.

[@maxleong91]

i think his knowledge and experience have more worth to us viewers than his own net worth is to us. hahaha

[@iherng]

You guys are the best!!

[@hc6233]

Very informative, thanks for sharing this Sean!

[@iherng]

Glad it was helpful HC.

[@nozomirini268]

Can you please review a property with the dual- key concept? Or have you already done one?

[@zoroXking]

rewatch this after a year, just wanna say ur shirt is super cute!😆

[@iherng]

Hahahahahahahahahah!!

[@yunkailee9256]

Amazing!!

[@maxleong91]

now i know why the phase2 of the same project, same level of floors, same unit/floor but have dual keys unit where phase1 do not have dual key units 🤔 and the dual key units are the identical big units from phase1 (in terms of sqft)...

[@iherng]

Yea, it's actually the same space divided differently hehe=)

[@harsht1818]

Hi Sean, very nice video on dual key concept. I am planning to buy one which is nestree residence @ Bangsar South. What do you think of project and the layout?. Appreciate your reply and review. Thanks.

[@iherng]

Well it depends on your intent for the property Timbadia:) Thanks for watching 😁

[@jacklee6096]

Thank you for your useful information

[@iherng]

You're most welcomed Jack. Thanks for watching!!

[@griffinjosh2610]

Could be suitable for snowbirds.

[@vineshrajoo2805]

thanks for another insightful episode.

[@iherng]

Thanks for watching Vinesh!!

[@weiminwong4507]

What happen when the electric box at another side and electric jump and the tenant at other side is at oversea. The another side gonne out of electric?

[@iherng]

Great question Wei Min!! There will be a master switch board usually but I'm not sure... let me check with my engineer hahaha. Get back to you=)

[@izzmalaysia8007]

Im worried dualkeys buildings donot have that “permanent” looking neighbours. Always temporary neighbours whom are not invested in looking after their property

[@iherng]

Yea, that would happen if it's mainly used for investment. But if it's own stay purposes, then I think it would be fine. Hence it's not really about the product but the mode of buying the property. Thanks for sharing Izz =)

[@stevehusf9217]

Hi.. can u share your opinion on the 6 months loan moratorium?

[@iherng]

I've done it already. Maybe you can check the playlist of earlier episodes=)

[@weiminwong4507]

Will it be dual key very problematic, especially tnb bills.. ?

[@andyvel]

Good question. How is the car parks shared?

[@weiminwong4507]

@@andyvel usually I know is 2carpark

[@cheewaidavidwong7256]

@@andyvel some area i see got 4 carparks. in sri petaling.

[@iherng]

Well, it's all up to the owner. For utilities, he or she may install a sub-meter for different tenants. As for carpark, it's up to individual arrangement or the market norm.

[@calebfwm]

awesome i

[@iherng]

Thanks for watching Caleb=)

[@JeffErin]

Dual key within Dual key ya

[@iherng]

Hahahaha, yea!!

[@dannykuan6981]

What is your Instagram?

[@iherng]

iherng =)