QUOTE(Fairview @ Mar 15 2016, 12:03 PM)
Understand most purchasers who bought their units as "Early Bird" will still make slight profit PROVIDED you could still sell your unit. However the profit margin will be very slim depending on your entry point. Remember you have to 1) service your monthly loan interest during construction for 3 years 2) pay your Real Property Gain Tax to the Government 3) Legal fees & disbursement 4) Maintenance /Service fee from Second Year onwards and 5 ) Agent commission.
Well investing in Service Apartment nowadays is not so lucrative after all.. Additionally the Cukai Pintu, Cukai Tanah, Electricity, Water, Sewerage are all based on Commercial Rates which are much higher than Residential Rates.
What is worrying is the property market is in downturn and no one know how long it will last.
Everyone know that those with holding power will be OK but still affected to certain extent. What about those weak holders ?
Best wishes.
i think u got the wrong info feed from somewhere.
there are exemption in rpgt
before 2006, all rates are based on commi, but after 2006, no, can be apply
our are bulks so lightly expensive
its not like we are 1st time in market invest blindly. u should get hold a service apartment to understand the gameplay.
why service apartment? convenient and greater location. usually along road side
now u know