Oct 15 2020, 07:00 PM
QUOTE(gashout @ Oct 15 2020, 05:19 PM)
I am worried when developers claim to build a 52/82 stories high condo.
Sounds fancy? Only fancy to developer cause they can earn psf in 52x/82x. As for you? Your parcel of land is shared by 52/82 owners, which will end up stating you own 15.8sqf of land for 700k property price (assuming 820sq shared by 52 owners) = RM44,300/ sqf, technically speaking.
What a fun game to be in the property ladder game.
Good sharing. Property investment sounds overrated. In few years time we would see properties oversupply and property investors start crying.Sounds fancy? Only fancy to developer cause they can earn psf in 52x/82x. As for you? Your parcel of land is shared by 52/82 owners, which will end up stating you own 15.8sqf of land for 700k property price (assuming 820sq shared by 52 owners) = RM44,300/ sqf, technically speaking.
What a fun game to be in the property ladder game.
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