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 emerald west, rawang

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mcken
post Jun 18 2013, 05:06 PM

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Anyone sold their unit for Coral? Bank value is 490-500k now...those early phase buyer untung 180k d!!!
mcken
post Jun 18 2013, 05:08 PM

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QUOTE(moonmoon1985 @ Jun 18 2013, 11:19 AM)
got it last saturaday from the sales office.

btw, anyone noticed the pleasant surprise that the Developer had installed the titling for the laundry area and the small room at the back?  smile.gif
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Great! Mind telling how much you got and ur spa date? rclxms.gif rclxms.gif
mcken
post Jun 19 2013, 10:06 AM

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QUOTE(TheOwl @ Jun 18 2013, 11:34 PM)
Just saying. Seller could be getting less. A lot of people think flipping is the way to make. Actually the better way is to keep a bit longer.
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Haha of cos that 180k is not deducting those fees....Yes, i agree...i'm sure if they keep longer, hopefully the price will touch 600k. rclxms.gif rclxms.gif rclxms.gif

The early phase buyer bot theirs ard 290k after discount 20k, 310k-10% = 279k (loan amt)

profit = 500k - 310k = 190k

RPGT = 500k-310k = 190k * 15% rpgt = 28500k

loan penalty - 279k*3% = 8370k (if wait 5 more mths this can be waived as well)

interest during construction = 279k*4% = 11160k

agent fee = 500k*2% = 10k

lawyer fee = 4k

Miscellaneous = 3k

rough net profit = 190k - 28500k - 8370k - 11160k - 10k - 4k -3k = 124970

if this is the first property you are selling, your rpgt can be waived.

124970k + 28500k = 153470k rclxm9.gif rclxm9.gif rclxms.gif rclxms.gif





mcken
post Jun 19 2013, 03:48 PM

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QUOTE(rachel_xxx @ Jun 19 2013, 03:38 PM)
Yea any transaction done?
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Yes, and bank value is ard 490k.

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