It seems social responsibility is negative on this project.

I was soo looking forward to the road expansion, but noo.... Now the most congested part of Federal Highway will forever destined to be 3 lane.

I dont think FH can be widened anynore

I actually meant the exit ramp lane narrowing

This post has been edited by Victor3010: Apr 10 2017, 11:56 AM

Could the space currently occupied by the Icon city ramp could be better utilised by converting into a road to ease traffic to the ramp leading to the Sunway hanging bridge? Now cars are piling up on the left lane of FH while waiting for the traffic light.

Unlikely le.. Gotta consider headroom as well

lol sorry not rich like u to pay cash

aiyoh all you negative fellas...don't worry about me and my money..what and how i spend my money...but thank you for being so concerned! i'im sure all of you are rich, self-made multi-millionaires and i wish i could buy all of you coffee to learn more from you but i'm afraid i'll just hear more lectures in person..you guys must be so boring to sit with in real life take it easy folks

mind to share how not being a 'bank's slave'?

full cash to buy properties and cars? or dont buy at all, just take public transport and rent for the rest of the life?

i meant if negative cash flow and sell off in 15 years may become a 'bank slave'. it was talking about cash flow so it was refer to investment not home buyer.

This post has been edited by Nikmon: Apr 11 2017, 10:41 AM

15 years sell off unlikely to be bank slave.
Let say you take 35 years loan with 4.25%, at the point of 15 years, your interest paid against your loan value is 56%.
And you are renting at 3.8% return per annum with 50% occupancy rate throughout 15 years. (Very pity scenario)
At the end of 15 years, your property appreciate 30% ( 1 year 2%, also very pity scenario)
After sell off your property, you still able to get 1.1% return

Provided bank interest rate remain constant.

Ya... hopefully remain same.. else may getting lower the return..

But thinking on bright side, you will have 17% of your selling price as net profit. (After u paid very high maintenance charge, interest, quit n assess tax, legal document etc), or 26% based on your purchase price.

U.s fed rate is almost certain on the uptrend and bnm is likely to follow.

Social responsibility?
MS needs to donate to some rohingya? Lol

if your property cost 600k for 600sf unit with 1,900 rental with only 50% occupancy

you will loose around 40k if sell after 15 years with 30% appreciation.

this does not factor in the legal, agent, interest hike, maintenance increase, other cost.

Provided have the cash flow to sustain vacancy period else may ended up in foreclosure.

This post has been edited by icemanfx: Apr 12 2017, 02:32 AM

My calculation show another way. The investment will lost few hundred after disposal.
Not sure what is missing out there that make the investment up to RM40,000.





In realistic, every cost will go up. Your rental income will up also. Your capital appreciation may not get only 30% as there for sure another round of house price up rally within 15 years.
And if one property is leave 50% occupancy rate during this 15 years time span, it only prove that the owner doesn't put effort for their own investment.

👍👍👍.....next time can ask u to count firsr b4 stupidly dive in

Sure bro... calculation is calculation..
don't treat it as bible.. reality is more complex than just a calculation

Can share the link to this calculation tool?
Thanks.