QUOTE(anzen600 @ May 26 2013, 10:35 PM)
bro, whats the price will be?assuming you buy 400K condo, rental can cover all the installment.
assuming you can get 85% loan due to bank valuation, therefore you need about 80K inclusive legal fees stamp duty and all.
assuming 3 years later the price appreciate by 10%, you make about 40K paper gain and 20K loan principle amount cover by rental.
there for you make 60K by paying 80K.
for new project,
assuming you buy 600K, only need to pay 12K, the rest all free.
assumingyou are early bird buy the first phase, and compare with last phase price different 10%, you gain 60K paper gain.
assuming 3 years later price appreciate 10% after completion, you gain another 60K on paper.
you make 120K by paying 12K.
(for simple calculation, i exclude the loan early settlement penalty and RPGT)
May 27 2013, 01:37 AM

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