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 Property Investment Strategy, tricks n magic

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TSlamode
post Dec 26 2016, 12:09 AM

anything could happen!
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got VP for Hyve Cyberjaya back in Aug, and sold both units in oct and nov respectively for about 20% net profit each smile.gif

just in time to have everything settled within the year.
TSlamode
post Dec 26 2016, 12:03 PM

anything could happen!
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Joined: Jul 2007
QUOTE(Asali @ Dec 26 2016, 12:33 AM)
LHDN will look for u very soon.
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i have nothing to worry smile.gif

QUOTE(heavensea @ Dec 26 2016, 09:04 AM)
20% net profits after minus rpgt?
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yup.

QUOTE(David_77 @ Dec 26 2016, 10:53 AM)
Good work! Hope you don't mind I use yours as basis for my strategy? 👍
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sure thing, do share the result ya

This post has been edited by lamode: Dec 26 2016, 12:04 PM
TSlamode
post Dec 26 2016, 12:40 PM

anything could happen!
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Senior Member
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QUOTE(SKY 1809 @ Dec 26 2016, 12:31 PM)
Well Done...brother ..

One thing  ..to get the timing always right is not so easy..and yet u make it right ...

Some say Cash is King, and some say Cash ( RM ) is a fast depreciating king...it is a double edged sword ...if u are not careful...
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not exactly man, shouldn't have purchase the prop last year, the expected completion time is 4 years or 2020 as SNP only signed mid this year, which is way too long bangwall.gif
TSlamode
post Dec 26 2016, 12:58 PM

anything could happen!
*******
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QUOTE(SKY 1809 @ Dec 26 2016, 12:48 PM)
Property investment can be planned as a hedging tool since Cash i.e rm depreciated 45% over last few years..and soon inflation would catch up ...

Then comes the time when people are really panic of holding too much " toilet papers"  aka CASH ..then property  investment becomes Safe again.

Inflation of up to 500% do happen in some parts of the world now..just google for it..

if inflation is  500%  ..holding  cash or property , which one is better  hmm.gif
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for a pure investment point of view, not all prop are created equal brows.gif

TSlamode
post Dec 26 2016, 01:17 PM

anything could happen!
*******
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QUOTE(heavensea @ Dec 26 2016, 12:58 PM)
20% net profits, calculated by "what formula" ya?
Cash parking inside financial vehicles is okay la, that's also cash depends on liquidity. Unlike property, very very very illiquid. Unless those money park inside flexi mortgage to offset interest.
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gross gain (the diff between purchase price and sell off price) minus expenses as tax, agents fees, bank interest & fees, legal fees, and misc.
TSlamode
post Dec 26 2016, 09:26 PM

anything could happen!
*******
Senior Member
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QUOTE(Asali @ Dec 26 2016, 09:13 PM)
Within 2 or 3 years sold two property or above LHDN will look for u albeit u paid RPGT.

Lot of flipper made big bucks in 1120 avenue. If not mistaken 1120 has DIBS scheme.

Sold two unit Hype in CyberJaya. U must be 1st batch buyer. I think that time was selling around 170k to 200K.

U bought Nidoz at 800K for each i believe you're not 1st batch buyer.
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spot on about the tax. I anticipated the possibility, in fact I am more than happy if LHDN comes and look for me to put that as business tax instead of RPGT.
And I am the very 1st batch buyer for Nidoz.


QUOTE(LaBoost008 @ Dec 26 2016, 09:06 PM)
Subsales is hard in ciberjaya, yet u still manage to sell with decent profit in this difficult market. Congrats.
Mind to share the original spa psf and subsales psf for hyve?
This to judge how much psf buyer willing to pay for highrise in cyberjaya.
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bought around 435 psf and sold around 595.
TSlamode
post Dec 26 2016, 10:17 PM

anything could happen!
*******
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QUOTE(Asali @ Dec 26 2016, 09:46 PM)
1st batch should be around 600k for 1200sqft and 700k for 1400sqft after discount.
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if u insist i am not the first batch and that makes you happy, i let you win lo tongue.gif hehe

 

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