The View Condominium, Gelugor — Renovation & Conversion Case Study
RM34,500 renovation · 7-room co-living conversion · RM3,526.72 owner net recorded in the May 2026 owner statement — one documented month, not a guaranteed monthly return.
Starting Condition
The unit had sat vacant for approximately two years prior to renovation — no income, no tenants, and no rental strategy in place. The owner brought MyReno in to convert the layout into something that could generate consistent monthly cash flow.
Scope of Work
Full renovation and conversion into a 7-room co-living layout — including partitioning, electrical work, furnishing and rental-ready fit-out. Handed directly to MyRoom for tenant sourcing and month-to-month management, so the owner had no operational lift after handover.
Watch the Case Study
Source: May 2026 verified monthly statement, as shown in our published case study video.
Investor Outcome (May 2026, Verified)
RM34,500 invested → RM3,526.72 owner net recorded in the May 2026 owner statement. This represents one documented month and should not be treated as a guaranteed monthly return or projected payback period.
- • 6 of 7 rooms occupied during the May 2026 statement month
- • RM4,450 total rent collection in that statement month
- • RM3,526.72 owner net in that month (after 85% owner split, minus internet, TNB electricity and cleaning)
- • No payback period is published: one documented month is not evidence of a repeatable monthly return
Owner name withheld at their request.
Basis and limitations: the figures shown are taken from the May 2026 owner statement and represent one documented operating month for one 7-room unit at The View Condominium, Gelugor. Results can vary according to occupancy, rental collection, operating expenses, maintenance, utilities and market conditions. A meaningful recovery-period estimate would require documented income before renovation, a representative 6–12 month post-renovation average, vacancy records and all relevant ownership costs. One documented month—not a guaranteed monthly return, annual projection or renovation payback period.
Renovation, tenant sourcing and monthly management are coordinated by our connected team.
MyReno delivers the rental-ready fit-out and MyRoom handles leasing and month-to-month management, so the owner deals with one team after handover. Occupancy and rent levels vary by unit, pricing and season, and are not guaranteed.
Frequently Asked Questions
Want the room-by-room management story?
This page covers the renovation and conversion. The tenant sourcing, occupancy and month-to-month management side lives on MyRoom.
See the full room-by-room management story on MyRoom