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Investment Window On The Park, By Selangor Dredging Berhad

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ahmai2332
post Nov 26 2012, 10:19 AM

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Did anybody notice the SDB FB. Have mentioned the 50year Jubilee offer and staff photograph with gold... What is that means?
Darrenchan
post Nov 26 2012, 11:28 AM

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QUOTE(ahmai2332 @ Nov 26 2012, 10:19 AM)
Did anybody notice the SDB FB. Have mentioned the 50year Jubilee offer and staff photograph with gold... What is that means?
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Yea, i did notice about that.. maybe someone who drop by could update us about that? Might be some promo on goin? drool.gif drool.gif
ameliorate
post Nov 26 2012, 01:26 PM

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Yes, if you purchase, there will be 2 chances to dip. 1st dip is to get the 10% rebate, 2nd dip is additional rebate from Rm1k to 50k! Once you pick the 'gold', there is a voucher number at the bottom. From there they check which rebate you won, like lucky draw.
ahmai2332
post Nov 26 2012, 01:36 PM

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So for existing WTOP purchaser not entitled lo.

Current special rebate for age 50 above also.
neweeX
post Nov 26 2012, 03:05 PM

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QUOTE(Helius @ Nov 25 2012, 10:38 PM)
Congrats! U jus go ahead with what u bought...

Anyway, RPtG is based on property gain. If ur spa price is RM100K only mean when u sell will based on spa but not spa + upgrade agreement.

So if u sell 200 K, u still make 100K gain on RPGT tax deduction, but in fact u have made 500K whack 400K was upgrade agreement.

I'm not liar or maybe ur u better then my lawyer??

Pls don't simply offense ppl as everyone has the right to tell the truth. If u feel offense, pls keep urself in refrigerator for freezing...
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Aiyooh!! This is worst than chicken and duck talking. Luckily you are not my neighbour, or else doh.gif doh.gif


Please check RPGT Act 1976 Sch 2 Para 5. It will explain how RPGT is calculated. No need for wild speculation.

If not understand check with a tax consultant don't just rely on loyer buruk.






ahmai2332
post Nov 26 2012, 03:42 PM

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Seem like Helius, you are starting until now keep pointing the negative thing on this WTOP. But didnt see you pointing to other development?
yshon
post Nov 26 2012, 06:19 PM

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for own use or investment it is also the same, by the time WOTP completed it is already year 3, u have another 2 years to go for the RPGT to waive, if u feel the RPGT is too high then own stay for 2 years before u sell it off la :-) ,.... just my humble opinion.
neweeX
post Nov 26 2012, 06:34 PM

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RPGT Act 1976 Sch 2 Para 5

5. Disposal price.
(1) Subject to sub-paragraph (2), the disposal price of an asset is the amount or value of the consideration in money or money's worth for the disposal of the asset less-
(a) the amount of any expenditure wholly and exclusively incurred on the asset at any time after its acquisition by or on behalf of the disposer for the purpose of enhancing or preserving the value of the asset, being expenditure reflected in the state or nature of the asset at the time of the disposal;
(b) the amount of any expenditure wholly and exclusively incurred at any time after his acquisition of the asset by the disposer in establishing, preserving or defending his title to, or to a right over, the asset; and
© the incidental costs to the disposer of making the disposal.


For those purchases who are too worried and for those who want to avoid ambiguity of the interpretation of the Act, suggest you request to date the update agreement a day after your S&P date. For others no worries!!


Abbylicious
post Nov 26 2012, 11:24 PM

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Hey Helius,

After u cancelled your purchase, how soon did u get your booking refund? How did they refund you? From headquarters?

Ive submitted 3 loan cancellation letters to the sales manager and head of sales and marketing, waiting for them to revert to me.

This post has been edited by Abbylicious: Nov 26 2012, 11:25 PM
danielisme
post Nov 26 2012, 11:40 PM

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QUOTE(neweeX @ Nov 25 2012, 06:21 PM)
I think your liar not sure how to calculate RPGT lah.

Capital improvement are allowable expenses so how?  whistling.gif  drool.gif
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S H appear again


Added on November 26, 2012, 11:41 pm
QUOTE(ahmai2332 @ Nov 26 2012, 03:42 PM)
Seem like Helius, you are starting until now keep pointing the negative thing on this WTOP. But didnt see you pointing to other development?
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He Can't eat grape but said grape is sour...

This post has been edited by danielisme: Nov 26 2012, 11:41 PM
TSperi peri
post Nov 27 2012, 09:23 AM

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QUOTE(Abbylicious @ Nov 26 2012, 11:24 PM)
Hey Helius,

After u cancelled your purchase, how soon did u get your booking refund? How did they refund you? From headquarters?

Ive submitted 3 loan cancellation letters to the sales manager and head of sales and marketing, waiting for them to revert to me.
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most of the time, if got taker to ur unit, then deposit will refund minus some admin fee. If No taker, u wait for it.

Thats why most of the time here, u always see a lot jokers here posting "im got a unit to let go" thats why.


Added on November 27, 2012, 9:30 am
QUOTE(Helius @ Nov 25 2012, 10:38 PM)
Congrats! U jus go ahead with what u bought...

Anyway, RPtG is based on property gain. If ur spa price is RM100K only mean when u sell will based on spa but not spa + upgrade agreement.

So if u sell 200 K, u still make 100K gain on RPGT tax deduction, but in fact u have made 500K whack 400K was upgrade agreement.

I'm not liar or maybe ur u better then my lawyer??

Pls don't simply offense ppl as everyone has the right to tell the truth. If u feel offense, pls keep urself in refrigerator for freezing...
*
great, u got my attention to it. because such combo type of purchase really giving headache nowaday. Thats why earlier some banker refuse to fund for it as it is meant for medium cost unit compliance.

Not sure if housing ministry found out such later, what will be the action or penalty to developer. better dont let authority find out. Developer cant outsmart authority.

A lot grey area for this type of combo. No choice, worst come to worst, hold it until expiration of RPGT, who knows, maybe next year 2014 budget, government extend the RPGT from 5 to 10 years?



This post has been edited by peri peri: Nov 27 2012, 09:30 AM
Helius
post Nov 27 2012, 07:34 PM

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Bro peri peri, at least u see my concern...
neweeX
post Nov 28 2012, 03:12 PM

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[quote=danielisme,Nov 26 2012, 11:40 PM]
S H appear again




Fooking imbecile; u think u very clever ah? TNM.

Please lah, buy one biji WOTP don't LCLY; other people more keng also dont simply talk kok.

danielisme
post Nov 28 2012, 07:33 PM

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[quote=neweeX,Nov 28 2012, 03:12 PM]
[quote=danielisme,Nov 26 2012, 11:40 PM]
S H appear again
Fooking imbecile; u think u very clever ah? TNM.

Please lah, buy one biji WOTP don't LCLY; other people more keng also dont simply talk kok.
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[/quote]
Sorry bro , I'm not mean you. I hint to someone
maverickzack
post Nov 28 2012, 07:57 PM

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QUOTE(danielisme @ Nov 28 2012, 07:33 PM)
Sorry bro , I'm not mean you. I hint to someone
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Cool guys, We all knows who we talking about.. Chill, I think so too. smile.gif
neweeX
post Nov 29 2012, 03:27 AM

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QUOTE(danielisme @ Nov 28 2012, 07:33 PM)
Sorry bro , I'm not mean you. I hint to someone
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No problem, apology accepted. smile.gif
twins9
post Nov 29 2012, 07:52 AM

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One question here, how much will the bank value the property after vp? If the apartment is based on spa value, say bank increase it by 100%, it will be Rm200k, but your cost is RM400k. If you want to sell Rm600k, how is the buyer going to get financing?

I do not know how much of upgrade can be used in valuation. Thanks.


yshon
post Nov 29 2012, 12:14 PM

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QUOTE(maverickzack @ Nov 28 2012, 07:57 PM)
Cool guys, We all knows who we talking about.. Chill, I think so too.  smile.gif
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count me on your "think" list too... hehehe :-)
Helius
post Nov 29 2012, 12:41 PM

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QUOTE(twins9 @ Nov 29 2012, 07:52 AM)
One question here, how much will the bank value the property after vp?  If the apartment is based on spa value, say bank increase it by 100%, it will be Rm200k, but your cost is RM400k.  If you want to sell Rm600k, how is the buyer going to get financing?

I do not know how much of upgrade can be used in valuation.  Thanks.
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That's the catch I mentioned. Banks definitely will take 100% of SPA price, an definately not 100% upgrade fee... Just like ur renovation cost, will be calculated but not acceptable as declared by developer...

So last words, good luck block C buyers for investment....
great2bcool
post Nov 29 2012, 01:24 PM

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Isn't valuation of property is based on current market price? If s&p buying price is Rm 100k, but current market value is Rm 500k , the valuation report will show market price, no?



This post has been edited by great2bcool: Nov 29 2012, 01:26 PM

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