Hi, i recently got an offer and need some help in the profit calculate below, is my assumptions and understanding correct:

Assumptions:
- buy price: 400k
- sell price: 500k
- agent fee: 3%
- RPGT: 10%
- public bank penalty: 3%

gross profit: 100000

pay agent: 15000
pay bank penalty: 15000 (assume 100% loan to ease calculation)
pay RPGT tax: 10% of (gross profit - agent fee - bank penalty) = 7000
any hidden cost from SP setia's 5/95 scheme: 0 (none that I aware of?)

net profit ~= 63000

Question 2:
if I sign SAP now, and government change RPGT to 30%, will i be affected after 3-4 months when handover happens? is the RPGT effective from letter of offer or SAP?

This post has been edited by klangboy83: Sep 16 2012, 10:32 PM