10-15% premium means 100-150K ???

wah......... like striking 30 to 50 ringgit of 4D!!!!

Sure or not?

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Added on March 29, 2012, 12:07 ama bit hefty I think for this location.


This post has been edited by prop99: Mar 29 2012, 12:07 AM

U got unit or not? If not no point talking

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Added on March 29, 2012, 2:13 amStated clearly 28x70

This post has been edited by Donald Trump: Mar 29 2012, 02:13 AM

I think only good if below 750K

DT, why dont your friend wait until the product completed (After VPed). Is he believing that the price will be increase by at least 25-30% upon VP.

150K how to get? No one will sell one lah unless the ownership can be transferred prior to VP now...

Yeah how to do this transaction, S&P already signed wor ? Unless it's a developer (director?) unit .....

Owner can enter another agreement, but 3+1 will run after VP also. No direct or simultaneous transfer will be allowed now.

I also want to know how to go about the financing part?
If the 1st purchaser (from developer), do a deed of assignment with subsales purchaser. The sub-purchaser cannot get the Deed of assignment to apply loan, since it is a no DIBS project, the 1st purchaser still need to get the financing to pay for the progressive interest and etc.

So meaning to say sub sales purchaser just paid 10% and nothing until VP, and just purchase it as an option????

Can la. garden manor also many transactions straight away

i know possible to do it in term of legal part...just the financing part.
who is responsible for the progressing interest? 1st purchaser or subsales purchaser? if loan, then it will take up the 1st purchaser's loan quota.

wah... steady wor. macam hedging fund kah?
option to buy 2-3 years down the road.
if market price good, proceed with sales.
if no good, walk away from the deal and lose the initial amount.
wah lau weh.....

Options, Futures, Forwards, Property Swaps, developer buy back options..

These are pure specualtion tools. Available in foreign countries, not in Msia yet.

ha ha ... wow that's a new dimension for me

but buyer kenot be taking up this deal unless the upfront + incentives be very generous leh

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Added on March 29, 2012, 2:08 pmif can profit from drops, market volatile, bad for home owners which forms the majority .. tak boleh tak boleh

This post has been edited by 1ullaby: Mar 29 2012, 02:08 PM

hhhmmmm...
let's assume the scenario as such.
original purchaser = A
new purchaser = B

1. B offers to buy A at cost price + rm100k.
2. B pays on behalf for A the progressive interest vide back to back system.
3. B pays the rm100k upfront now to A
4. upon VP, A to transfer ownership to B
5. all the above clearly stipulated in legal agreement

if market good, A refuse to sell, go to court.
if market bad, B refuse to buy, just walk out of the deal losing rm100k + progressive interest.

boleh jalan or not? kekekeke. something new to me too. personally think it's quite brilliant and there will be a market for it. kekeke.

There were cases similar as described and some ended up with crime cases.

wahh, thats hedging from both sides there

but, all things being equal, market can go and and down, probably A is more to the losing side, as loan capacity gets tied up for 2 years + court case more likely to lose

hmm .. if i were the seller, make it 200k and we will talk lol! (20% of Temasya's )

This post has been edited by 1ullaby: Mar 29 2012, 02:53 PM

wah 100k nett profit not good enough for 2 years work kah?
don't be so greedy lah.
equivalent to rm4k salary already wor.
i think if i am original purchaser, i might go for it since worst case scenario pocket rm100k nett liao.
if market goes south, got rm100k cushion and potentially still can sue.
if market goes way up, then still can go court mah.

Yes

This is the dangerous part of this sort of hedging.

I wont not want to get tied up with 2-3 yrs of my credit...do know about you guys, tying up with 900k loan is substantial.

What is B not paying progress interest ? Go to court again? What if A passed away?

Too many potential issues ..... this is worst than speculator as the risk is apparent. But this super hedging is more risky and some of the risks are hidden. If want to make money, a lot of other ways mah.....