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Investment ICON CITY PJ | NEON | I-SOVO | ICON RESIDENZ [OT], A world class urban centre for you

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Takuro82
post Apr 12 2017, 01:21 PM

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QUOTE(Jagalat @ Apr 12 2017, 11:01 AM)
Can share the link to this calculation tool?
Thanks.
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Is my own format only. Can PM me if you like. I can send you by email.

Takuro82
post Apr 12 2017, 01:29 PM

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QUOTE(Nikmon @ Apr 12 2017, 11:35 AM)
Sell (30%)        780,000
rental          171,000
legal          (30,000)
assessment  (6,000)
maintenance (71,280)
interest        (304,377)
property price  (600,000)

Total loss          (60,657)

please don't remove deflation from your dictionary.
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At property price (600,000), you had served your loan over 15 years. Which mean after you sell the property, you only need to pay RM 399,303.93 to bank for fully settlement.
So the calculation should be as below:
Sell (30%) 780,000
rental 171,000
legal (30,000)
assessment (6,000)
maintenance (71,280)
interest (304,377)
Gain before fully settlement = 539,343.
Outstanding to settle with bank = 399,303.93.

Total loss/gain = +140,039.07


The deflation parts, I am aware of it but I not sure how can I put into the calculation.
Any expert to advise on this part?
Takuro82
post Apr 12 2017, 04:48 PM

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QUOTE(8sg9ft @ Apr 12 2017, 02:33 PM)
Just wondering how did u compute the loan settlement value of 399+k?
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From 445k total loan repayment, 140k is belong to capital repayment. And total loan is 540k. So 400k to be paid during settlement.
Takuro82
post May 20 2017, 12:58 PM

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Some happening event happened in Icon City
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Takuro82
post May 23 2017, 11:03 AM

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Residenz Tower 2 now almost finish handover key.
Waiting commercial component to move in.
Got one mamak stall also good enough under this condition

Takuro82
post May 23 2017, 10:12 PM

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QUOTE(Nikmon @ May 23 2017, 04:09 PM)
no f&B like pub? those shops can't attract even rat visit...
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We don't need rat to visit. We need convenience at our door step.. good to have it. No need hassle to drive to Sungai Way to get toilet paper
Takuro82
post May 24 2017, 12:41 AM

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QUOTE(zenix @ May 23 2017, 11:09 PM)
did you go?
seems like big thing until got extra security by way of rela.
if they wash hand they wouldn't bother with the activities last week.
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Estimated 1000 participant for full days. Night time has open disco at Central Park there. Quite happening..

Attached File  trim.E82C184B_61D2_4EC2_AE1B_363DFF1E111B.MOV ( 853.9k ) Number of downloads: 44

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Takuro82
post May 24 2017, 09:43 AM

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QUOTE(icemanfx @ May 24 2017, 12:08 AM)
The event was to attract buyer for unsold units, promoting vacant shop lots or attracting tenants?
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Not much unsold units. Less than 20 or 30 units for whole phase 1. Just few big units with million ringgit and above unsold.
The purpose more on promoting I think
Takuro82
post May 24 2017, 10:20 AM

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http://www.thestar.com.my/metro/community/...lment-of-event/


Takuro82
post May 24 2017, 01:02 PM

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QUOTE(papadon @ May 24 2017, 11:05 AM)
of course anyone can give opinions..anddddd ill be wasting my time replying to each butthurt dude after this...so carry on with the silly statements..i'll just observe and laugh
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Lol bro.. just calm.. if fine for them to give any opinion. The comment won't stop the development. Inaction will stop. Someone no action, we will make our own destiny.
We will see how far this Icon City can go.
This area transformation is started. Not so soon in next 5 yrs. but definitely look very different in 10 yrs coming down.
Takuro82
post May 24 2017, 01:14 PM

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QUOTE(icemanfx @ May 24 2017, 12:07 PM)
How many investors could sustain 5 or 10 years?
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I can't comment on this. There are opportunist, short term n long term investor. Depend on their choice. No right or wrong.

But for 1 project to mature, it need long time to get to that stage. Or it may not make it.

But this Icon City location cannot be wrong. And you see Sunway Serene is coming up with Phase 1 also. BRT along Federal Highway also in planning now.. so the potential is there..


Takuro82
post May 24 2017, 03:19 PM

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QUOTE(BEANCOUNTER @ May 24 2017, 01:48 PM)
Bro, this is what u wrote. basically you were saying only vested parties can comment......then what you expect vested parties to comment? icon city is a bed of roses?

if need to wait 5 -10 years to flourish...why buy when it first launched? might as well buy 5 - 10 yrs later, no? imagine how much you would have paid buta buta for the first 5 to 10 years????
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From the time u buy until 5-10 yrs, property price will fluctuate. But when everyone also see the potential of that property, they no longer can get back the price you bought at beginning. Of course that also a lot to do on management and development of the property.
Just like when Mid Valley begin. Some may doubt and hold on. Then when everything go on track, they also not afford to buy the property
Takuro82
post May 24 2017, 09:49 PM

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QUOTE(talker @ May 24 2017, 03:08 PM)
that building is an eyesore. everytime pass by oso betahan
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Lol.. pity on you. You have to bear with your eyesore whenever you passby it thru Federal Highway and LDP.. hope won't hurt you too much😂
Takuro82
post May 25 2017, 08:43 AM

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QUOTE(icemanfx @ May 24 2017, 10:44 PM)
At this response rate, the gotham city will be 80% occupied if not 97% in 3 months time.
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Not so easy to rent la at this moment 😓
They are lucky one.. but there are quite a lot own stay owner in Icon city
Takuro82
post May 29 2017, 09:58 PM

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QUOTE(Babizz @ May 29 2017, 07:32 AM)
Saw some listing

m.iproperty.com.my/listing/details?id=5355304&type=rent
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Worth to take it! Ask the agent immediately confirm the deal else fuck him upside down.. I am sure he will let you fuck upside down. There are a lot unethical agent around fishing potential tenant.. lot of owners kena here. Those agent using owner photos without authorize.
Takuro82
post May 29 2017, 10:00 PM

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QUOTE(zenix @ May 28 2017, 11:15 PM)
Tower 2?
You buy for own stay?
That location too many shopping + roads too jam
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Buy for investment. If can't rent out then just make it holiday home..
Takuro82
post Jun 17 2017, 09:59 AM

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7-11 coming liao
Takuro82
post Jun 17 2017, 10:01 AM

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QUOTE(Babizz @ Jun 16 2017, 10:12 PM)
Rental also hard right. Whts d occupancy now?? Everyday pass by hardly see more than 3 lights. Was told is 10-15%.
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You can see more light on weekend..
Rental market now really slow.. has to wait..
But here we have higher % of own stay owner still under renovation.. more will come in on July
Takuro82
post Jun 17 2017, 12:27 PM

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QUOTE(icemanfx @ Jun 17 2017, 10:20 AM)
This place vped quite sometime back, if occupancy rate doesn't increase monthly, it would be gg already. The question is how many people would move in?
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There is a lot.. but anyhow here not Mentari court price. A lot being reject due to budget problem. A small studio here can command 1400-1500 per month. 350sf. Some tenant try to get 1200-1300 but unable to get.
Takuro82
post Jun 26 2017, 11:28 PM

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QUOTE(icemanfx @ Jun 19 2017, 03:35 PM)
No. 20-15, Tower 3A, Pusat Perdagangan Icon City, No. 1B, Jalan SS 8/39, SS 8, 47300 Petaling Jaya, Selangor
Property Type Shop/Shop Office/Retail Space/Office
Built-Up 745 sq.ft
Reserve Price RM600,000.00

https://www.ngchanmau.com/property/1685

First icon unit on auction?
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Any idea what is the price after successful bid?

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