Yeah u hav a point here. But 30% for a project which need 3-4yrs or at least 1 yr planning + 2 yrs building it, u stil need to break it down n end up 30% / 2yrs@3yrs@4yrs.

They earn 11% on de total GDV which might b taking bridging loan fr bank, or downpayment to kick start a project. They dun put in let say 90mil to build a 100mil project. So its a lucrative margin even with onli 11% per yr. Of cos they r taking a huge risk for a project let say need 1 yr planning to getting approval, 2-3 yrs to build n another 24mths of defect liability. I think even dev making 20% or above per yr, they stil deserve it. Its really not an easy job to do. Of cos their bosses r not doin it la, they pay to prof to carry out de job. Actually any john doe can do it s long s they hav de $$$ and daring enuf to take de risk.

M1/2C

Dev hav record margin due to record launching. Not bcos of high margin per project launced. If u divide total income over total project launched, then its not too high the margin. If they do not plan to launch s many project s last 2 yrs, their share value might dilute a bit due to next financial yr with lower net income. M2C

This post has been edited by ManutdGiggs: Feb 4 2012, 10:13 AM

Actually its quite complicated. 50% per project is achievable but yearly profit is definitely lower cos u need to divide into how many yr til completion. If one is assuming 60% per project, there might b many others giving up their business but onli do wat dev r doin.

Bear in mind total revenue is based on their collection on progressive payment which is not total gdv collected within the yr they launch a project.

Its a shameful way for the rakyat of malaysia to tok bad bout wat our ministers hav done to our country. Its disappointed tat v dun feel proud of them / the way they run the country. Anyway just hope they ll b punished gao gao by their god. Kononnya SUCI!!! PEI

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Added on February 11, 2012, 9:31 amYup most of them earn more than tat figure. I can confirm tat too cos I hav biz partners there.

This post has been edited by ManutdGiggs: Feb 11 2012, 09:31 AM

HKD 20k can survive onli. Kenot buy house. If buy house, de house would b extremely small to hav for family or in secluded area.

Somehow I blif by the time all r ready for vp, investors might need to hold on to it for 6-12mths b4 getting tenants. For flippers maybe need longer time to sell. But after all, most units shall b occupied due to urbanization. IMO, KV stil hav the opportunity to grow in population.

Of cos there r many out there hoping for a crash in prop prices, but it ll definitely won't do any good to our Econ. I would prefer Econ to grow steadily together with prop prices. Yield might b lower but stil worth investing cos keeping $$$ in bank ll onli get u interest but no capital appreciation.

Let's assume nett rental yield after taxes n expenses has onli 2% left, but capital gain over 10 yrs might double up. Of cos tis calculation is onli applicable for fully paid props la.

M2C.

Oh I like this. Those idiots need a good lesson in life.

I personally think tat prop prices here r stil managable. No doubt salary for fresh grad stil not fantastic, but 1 hav to agree tat if u work hard n smart, u ll b paid handsomely.

Spider is rite tat if prop really crash s some wished it to b, I dun think there r many out there afford any good living s unemployment rate might b very high. Gradually increment over de time shall put lotsa ppl in good position maybe in another 10yrs??? High income nation is no doubt oso very important, but dun hope for it if de current govt is running de country tis way. V need to earn money fr other countries like wat China is doin for de pass 15 yrs. Not rolling our RM within our own ppl.

So govt might need to do sthg.

Uncle Kochin promised to come back when its page 80. I wander where is he now

http://www.ovginvest.com/usa-property-investors-guide-pwall/

Lotsa B***shi*!!!

Haha those jokers r really silly. If they really think v need another 2mil of houses, KV ll be beta managed than hk. They never think b4 giving comments.

Well said.

Its true, my bangla workers getting almost 2k/mth. No tax. Free accomodation by my co. If work late got extra allowance and meal. Fresh grads who r too picky when hunting for job ll end up poorer than a bangla.

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Added on March 14, 2012, 7:54 pm Its not easy to earn 6mil a yr as nett income. U r de man le.

This post has been edited by ManutdGiggs: Mar 14 2012, 07:54 PM

I suppose tax return of 6mil is wat he earns in a yr rite?

But when u sell props, profit gained is suppose to b registered under RPGT, not tax return. I really salute our bro sebtismoney if he really made 6mil profit a yr for himself. If for corporation or big company, no doubt no prob.

Sori my Q sound silly. But really curious bout a single person making 6mil a yr. Is he uncle Lim's son. LKT???

This post has been edited by ManutdGiggs: Mar 15 2012, 02:20 PM

60 acres for 6mil is selling price. Not taxable income. Furthermore profit fr disposal of CPO land is stil park under RPGT. Pls correct me if m wrong.

Prop price up or down, u ll b rich if u r well prepared.

Boss, can share which loc ga. I'm trying to add some to the portfolio. Tq

Yes it is when v tok bout residential. No if referring to commercial. Bangsar commercial is far beta than either mont kiara or hartamas. Golden triangle is the best in bolehland for commercial.