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Investment LAKEVILLE RESIDENCE @ TAMAN WAHYU, Another lifestyle highrises by Mah Sing

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tongyk
post Aug 22 2014, 12:44 AM

KamKam
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Well, I think this development has it pros & cons.

pros is it provides a lot of freebies & fittings to buyer so buyers and investors can just install lights & fans then probably can move in or rent it out.

cons is the density. I would say for 5xxpsf in KL City is a norm for new properties nowadays.

Btw, I am one of their exclusive agents too. Can call up me at 012-9748954 if anyone of you would like the arrangement to view the showroom smile.gif
tongyk
post Mar 16 2015, 01:05 AM

KamKam
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QUOTE(lunacy @ Mar 15 2015, 11:38 PM)
salary 7 k can buy ? commitment is car 1.2 k
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For let say property snp price 650k, 90% loan installment for 30yrs is RM3k

1.2k + 3k total commitment = 4.2k

4.2k/7k x 100 = 60%

still within the benchmark of 65% for all banks.

So, can buy
tongyk
post Mar 17 2015, 01:33 AM

KamKam
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883 posts

Joined: May 2007
QUOTE(munkeehmagic @ Mar 16 2015, 11:36 PM)
Price appreciation... now that people said that we are in the peak of the bubble
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Well GST coming up and analysis said that properties price shall increase by 2.8% this year after factored in cost of building materials imposed GST.

Bubble only comes when employment rate above 10% and that time when public bank sack their staffs. Otherwise, there will be no bubble in Malaysia.

However, what my opinion is hot money shall flow in once again because of dirt cheap RM for foreigners and BNM just announced to stop continue property cooling measure and steady growth shall comes again in coming years ...

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