Aug 10 2012, 04:08 PM
QUOTE(chrisw @ Jul 17 2012, 09:37 PM)
Minimum profit of RM400K because of the 30% discount..
Eg.
RM2.2M - 30% discount = RM1.54M
After completion/handover, you can easily sell the unit at RM1.98M which is same as launching price(10% discount), kindly take note this calculation is for current situation without factor in appreciation after 1.5years. Panel banks value this development at RM2.2-2.3M.
If you don't want flip, u can rent out the unit between RM9k-RM13k(base on current nearby market)
Yes, it's half way built, block A..not forget to mention, launching price is only 8-10% discount. Even their latest block B launching at 10% discount.
Ps: it's located right beside Garden International School..
Exactly
Yup..haven't factor in the appreciation after 1.5years..
Chris, sound like a very good deal le! Are those units still available for investment? Eg.
RM2.2M - 30% discount = RM1.54M
After completion/handover, you can easily sell the unit at RM1.98M which is same as launching price(10% discount), kindly take note this calculation is for current situation without factor in appreciation after 1.5years. Panel banks value this development at RM2.2-2.3M.
If you don't want flip, u can rent out the unit between RM9k-RM13k(base on current nearby market)
Yes, it's half way built, block A..not forget to mention, launching price is only 8-10% discount. Even their latest block B launching at 10% discount.
Ps: it's located right beside Garden International School..
Exactly
Yup..haven't factor in the appreciation after 1.5years..
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