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 The Skyz @ Puchong Jaya, by IOI

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torres09
post May 17 2019, 02:15 PM

On my way
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Junior Member
577 posts

Joined: Apr 2011


QUOTE(steve3065 @ May 16 2019, 09:55 PM)
developer unit. 1173sq ft. 12% rebate. promotion always the same.
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So how much nett if you don't mind me asking?
torres09
post Jan 10 2021, 10:24 PM

On my way
****
Junior Member
577 posts

Joined: Apr 2011


QUOTE(badod @ Jan 9 2021, 06:35 PM)
Latest package is 29% rebate. But with condition that if sell the unit for profit within 10 years, have to split the profit with IOI.

1st to 2nd year split is about 30%, 3rd to 10th year is about 15%.

I proceeded since buying for ownstay and rebate is quite good. Net psf about rm508 for my 1,334sqft unit.
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Just joking... If rugi they got help to tanggung 30% or 15% onot... 😂
torres09
post Jan 11 2021, 01:38 PM

On my way
****
Junior Member
577 posts

Joined: Apr 2011


QUOTE(badod @ Jan 10 2021, 11:40 PM)
Haha no ler. It’s actually the opposite, if sell at a loss then have to give back the entire 29% rebate to developer. Seems like they are quite smart with this scheme, since will be able to clear stock and still get profit share / prevent ppl from flipping.

Anyone know if this sort of rebate structure is normal or has been done before?
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What does this mean? If sell at profit, need to give 30% or 15% of profit
If sell at loss, need give back 29%?

 

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