Investment got land but no money to develop. any loan option?
Investment got land but no money to develop. any loan option?
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Apr 24 2009, 09:39 PM
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#1
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
1 acre land mau build 15 houses?! Er.. U seriously ought to be joking! If it's in the heart of KL and U don't have the $ then convert it into parking spaces first
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Apr 24 2009, 10:47 PM
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#2
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@ed0gawa,
If land title is not commercial, i don't think ur allowed to build shop lots Also, I've a strong feeling this 1 acre of land TS has is not in a prominent area. My family (oK.. more like, my dad) too has a 1 acre of land parked somewhere - when we talk about land, I constantly remind him how bad this investment was ! |
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Apr 24 2009, 11:02 PM
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#3
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@ed0gawa,
Er... I'm not gonna start dreaming what to do with my 1 acre land until I have it PS: If your land was in some kampung area, how?! |
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Apr 25 2009, 11:47 AM
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#4
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@vinboy,
If that is the case, perhaps build a factory kinda outlet or something. Housing areas within industrial areas arent uhm.... too sellable |
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Apr 26 2009, 09:53 AM
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#5
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@ts1,
Are U open to joint-venturing with developers? Then again, 1 acre is not considered "big" for developers so might be difficult to find one. |
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