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 EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL

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icemanfx
post Apr 13 2016, 05:55 AM

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QUOTE(Minolta @ Apr 12 2016, 11:19 PM)
That is if 288k can be transacted. A pretty high floor unit. My friend enquired a unit lower than this about 6 months ago and was offered 360k. He countered 345k but owner apparently didn't budge, so not transacted. Don't know if it was sold, but imagine 6 months later find out price is < 320k for higher floor unit.

Hence a loyar fren said many subsale buyers cancelling. Some even don't care lose 10% initial as price has dropped significantly more than that.
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Doubt many bank will allow loan drawdown or approval on subsale without ccc.


This post has been edited by icemanfx: Apr 13 2016, 05:57 AM
C&D
post Apr 13 2016, 10:51 AM

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QUOTE(icemanfx @ Apr 13 2016, 05:55 AM)
Doubt many bank will allow loan drawdown or approval on subsale without ccc.
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Not possible...
satrianeo-x
post Apr 13 2016, 11:44 AM

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hah? so it is true bank wont even give loan on this project without CCC? hailat
Informationiac
post Apr 13 2016, 12:12 PM

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QUOTE(satrianeo-x @ Apr 13 2016, 11:44 AM)
hah? so it is true bank wont even give loan on this project without CCC? hailat
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Not true, bank still give loan. My friend just bought a one. 320k subsales..
satrianeo-x
post Apr 13 2016, 12:38 PM

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QUOTE(Informationiac @ Apr 13 2016, 12:12 PM)
Not true, bank still give loan. My friend just bought a one. 320k subsales..
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wow your friend is cooler and way chill than BOB MARLEY. send my regards, respect.
VLVL
post Apr 13 2016, 01:28 PM

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ranting.gif

This post has been edited by VLVL: Apr 13 2016, 02:05 PM
Informationiac
post Apr 13 2016, 05:59 PM

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QUOTE(satrianeo-x @ Apr 13 2016, 12:38 PM)
wow your friend is cooler and way chill than BOB MARLEY. send my regards, respect.
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Why? other people think is a sin for him to buy?

This post has been edited by Informationiac: Apr 13 2016, 06:00 PM
youknowwhoami
post Apr 14 2016, 10:26 AM

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QUOTE(Informationiac @ Apr 13 2016, 06:59 PM)
Why? other people think is a sin for him to buy?
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Well, its not sin. Here only talks about bad things.... Sharing about buying empire things, you will only get FLAME and commented your friends as bodo only. So, drop the topic bro.
LTG
post Apr 14 2016, 10:43 AM

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can sell already?

https://forum.lowyat.net/topic/3921721
LTG
post Apr 14 2016, 10:43 AM

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can sell already?

https://forum.lowyat.net/topic/3921721
chocoholic81
post Apr 14 2016, 10:47 AM

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QUOTE(Informationiac @ Apr 13 2016, 12:12 PM)
Not true, bank still give loan. My friend just bought a one. 320k subsales..
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what size is the RM320k subsales?
chocoholic81
post Apr 14 2016, 10:48 AM

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QUOTE(Informationiac @ Apr 13 2016, 12:12 PM)
Not true, bank still give loan. My friend just bought a one. 320k subsales..
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what size is the RM320k subsales?
chocoholic81
post Apr 14 2016, 10:48 AM

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QUOTE(Informationiac @ Apr 13 2016, 12:12 PM)
Not true, bank still give loan. My friend just bought a one. 320k subsales..
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what size is the RM320k subsales?
Informationiac
post Apr 14 2016, 11:24 AM

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QUOTE(chocoholic81 @ Apr 14 2016, 10:48 AM)
what size is the RM320k subsales?
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Halo Sunday.
Informationiac
post Apr 14 2016, 11:33 AM

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QUOTE(youknowwhoami @ Apr 14 2016, 10:26 AM)
Well, its not sin. Here only talks about bad things.... Sharing about buying empire things, you will only get FLAME and commented your friends as bodo only. So, drop the topic bro.
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Thanks, but don't worry. I already know this topic, mostly all negative stuff. was trying to reply the truth to the people. some people don't accept is fine to me. Just putting what I see. Last I bought another development, out of sudden the topic for this development appear in LYN. then people start bombard negativity there and said it will be abandon la this la that la. Then got PM ask for low price to sell to him. I ignore and sold to genuine buyer after completed, and I had 30% gain from flippin' it. So I guess there are people who like to press down the truth for their own gain. sad..

This post has been edited by Informationiac: Apr 14 2016, 11:34 AM
SUSempatTan
post Apr 14 2016, 11:42 AM

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QUOTE(Informationiac @ Apr 14 2016, 11:33 AM)
Thanks, but don't worry. I already know this topic, mostly all negative stuff. was trying to reply the truth to the people. some people don't accept is fine to me. Just putting what I see. Last I bought another development, out of sudden the topic for this development appear in LYN. then people start bombard negativity there and said it will be abandon la this la that la.  Then got PM ask for low price to sell to him.  I ignore and sold to genuine buyer after completed, and I had 30% gain from flippin' it. So I guess there are people who like to press down the truth for their own gain. sad..
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U should've gone for 300% gain...
Informationiac
post Apr 14 2016, 11:56 AM

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QUOTE(empatTan @ Apr 14 2016, 11:42 AM)
U should've gone for 300% gain...
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HAha, I should, but I am small flipper. don't want wait long. I don't go for 5 unit or 10 unit. unlike other flipper.
1 or 2 in my hand, then sell. after that do it again. Maximum 3 unit. After all, I just do it to pass time. Collect rent if can rent out.
kochin
post Apr 14 2016, 12:05 PM

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QUOTE(Informationiac @ Apr 14 2016, 11:56 AM)
HAha, I should, but I am small flipper. don't want wait long. I don't go for 5 unit or 10 unit. unlike other flipper.
1 or 2 in my hand, then sell. after that do it again. Maximum 3 unit. After all, I just do it to pass time. Collect rent if can rent out.
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what's your net gain after deducting all expenses?
kena RPGT?

30% over a relatively small amount and after deducting all expenses may not be much.

but it's still good money after all since minimal effort involved.

congrats!
Informationiac
post Apr 14 2016, 12:14 PM

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QUOTE(kochin @ Apr 14 2016, 12:05 PM)
what's your net gain after deducting all expenses?
kena RPGT?

30% over a relatively small amount and after deducting all expenses may not be much.

but it's still good money after all since minimal effort involved.

congrats!
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is a low cost condo lah, not very big net gain. hahah, got the money went to Taiwan for 6 days. then come back.
I happy my family happy. can spend my bff good dinner also. still got left over so search again for condos. ED giving good reasonable rent so I didnt want to sell. You think should I? Offer from agent not that good also. Now comes to EC. A bit hiccup. But i went through my hubby's consulting firm. He said if you have holding power then ok.

This post has been edited by Informationiac: Apr 14 2016, 12:15 PM
youknowwhoami
post Apr 14 2016, 12:30 PM

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QUOTE(LTG @ Apr 14 2016, 11:43 AM)
Bang, look proper...Damansara not city...

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