QUOTE(majorarmstrong @ Jan 29 2011, 05:00 PM)
@ Tea - lock down 5 years gonna kill you la.. if you looking at selling after completion will advice you to take lock down 3 years
anyway, i am not going to buy the car park cause too expensive la... if you factor into the loan the car park price after over 30 years period will be around RM40,000.
I would still go for rental... check out the table below... if is RM50 it will take 33 years to break even only calculating the car park with RM20000

GONG XI FA CAI to you too....
This calculation assume $ paid for car park is a sunk cost or expense off which is not very accurate.anyway, i am not going to buy the car park cause too expensive la... if you factor into the loan the car park price after over 30 years period will be around RM40,000.
I would still go for rental... check out the table below... if is RM50 it will take 33 years to break even only calculating the car park with RM20000

GONG XI FA CAI to you too....
Eg if the carpark is 20K and your unit is 200K, thus when u sell your property sure will sell for 220K, right?
Thus should calculate by: (annual car park rental/carpark price) <---- if this is higher than your expected return, then you should proceed.
Jan 30 2011, 09:01 AM

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