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 Southview Residence @ Bangsar South by UOA

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Megatron123
post Jun 10 2014, 09:38 AM

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QUOTE(lonelyswan @ May 28 2014, 06:19 PM)
bought 815sf with the price of 820 psf after all sort of discounts..
i'm rather regret now after my second thought, it'll most prolly be my own house tho  hmm.gif 

may i ask owners of southview, its for your own stay or investment purpose?
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Let's work it out.

Cost = 815 X RM820 = RM668K + loan legal fee approx RM6K = RM674K + financing cost before VP, say RM10K = RM684K.

Sell at, say RM1,100 psf = 815 X 1,100 = RM897K less prop agent fee 2% RM18K, RPGT say 30% RM69K less S&P legal fee say RM8K less interest after VP date to sale date, say RM15K less Nil bank lock up penalty = approx net proceeds RM787K less cost of purchase RM684K = approx net profit RM103K. That's assuming can sell at RM1,100 psf. At purchase price of anything more than RM900 can forget this project. Return not worth the risk.

Anyone willing to pay RM1,100 psf 815K X Rm1,100 = RM897K + S&P legal RM10K + loan legal fee RM8k = RM915K for a 815sf service apartment in Bangsar South?



Megatron123
post Nov 10 2014, 08:47 AM

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I suggest propertyMontKiara should buy a few more units in Cyberjaya.

Between Bangsar South and Cyberjaya, I would pay a bit extra for Bangsar South. I always visit the site of project before I buy. After visiting Cyberjaya both day and night, I cannot find a reason to put my money in Cyberjaya, at least not for next 10 years, very different view compare with propertyMontKiara.

There are many better projects in KL/PJ/SA area.

 

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