QUOTE(zest168 @ Jul 12 2011, 05:39 PM)
Hi can someone share an example for 1110 sg ft unit how much should sell based on current market rate just to break even after deducting rpgt, stamp duties, loan penalty, etc? Dun want to sell later only to know that suffering a loss. Thank you.
add 40% for breakeven + another 5-8% for inflation.
hence if unit bought at rm350k, then sell at rm530k to be safe.
anything lower is a discount based on current market value.
Added on July 13, 2011, 10:07 amQUOTE(ROCKEY @ Jul 12 2011, 05:50 PM)
Bank evaluation for KIO Kinrara is around 350k for 1000+sf unit.
I don't see any reason why Zest cannot hit 450k in bank evaluation.
why a big discount?
if you factor in inflation, your ringgit value is smaller, hence effectively you've lost money in your investment.
min for the zest is rm500k per unit considering some late buyers bought at rm350k.
Added on July 13, 2011, 6:14 pmLai Meng, the best Chinese school in KL is moving from Jalan Ampang to Bukit Jalil. Class commencement targeted 2013.
Zest & surrounding properties will boom like mad, like crazy, like nobody's business as people will pay premium for the children's education including finding a residence nearby.
Bukit Jalil/Kinrara is set to soar. Zest can easily fetch RM600k now.
This post has been edited by Covillea: Jul 13 2011, 06:14 PM