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 How to buy land in Malaysia?

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Rabel
post Mar 9 2014, 02:09 PM

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QUOTE(Top Gun @ Mar 9 2014, 01:44 PM)
Now that is cheap.
Faster sell your 40% paper profit 2 lots of bungalow lots at SEH and buy few acres there loh. rclxms.gif
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Y should I sell since so potential?
U continue swimming lar in stock market. rclxms.gif rclxms.gif
wzadst
post Mar 9 2014, 02:35 PM

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QUOTE(jolokia @ Mar 9 2014, 01:01 PM)
U got money ?? if no stop dreaming !

If got search website like iproperty,  Propwall,  Property guru,  plenty of land for sale from as low as berpuluh ribu to berpuluh juta.

Why u wanna buy land ? plant coconut ? build a castle ?

Today is Sunday so u can continue to dream till tonight,  but tomorrow Monday remember to get back to work...lol
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so sarcastic, but true =(
Rabel
post Mar 9 2014, 02:42 PM

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QUOTE(wzadst @ Mar 9 2014, 02:35 PM)
so sarcastic, but true =(
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Agreed.
Really need strong cash power. biggrin.gif biggrin.gif
funnybone
post Mar 9 2014, 04:01 PM

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QUOTE(Top Gun @ Mar 9 2014, 01:14 PM)
5 acres x 43,560sf/acre = 217,800sf
217,800sf x RM100/sf = RM21,780,000

Let's say 60% loan margin for agriculture land,
Loan amount is RM21,780,000 x 0.60 = RM13,068,000

RM13,068,000 loan for 25 years at 4.2% interest annually,
Monthly repayment is RM70,430.

Please tell me how much your so called 5 figure income working class earn per month? shakehead.gif  doh.gif
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My bad then blush.gif
babygrand123
post Mar 10 2014, 01:16 AM

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QUOTE(Top Gun @ Mar 9 2014, 01:14 PM)
5 acres x 43,560sf/acre = 217,800sf
217,800sf x RM100/sf = RM21,780,000

Let's say 60% loan margin for agriculture land,
Loan amount is RM21,780,000 x 0.60 = RM13,068,000

RM13,068,000 loan for 25 years at 4.2% interest annually,
Monthly repayment is RM70,430.

Please tell me how much your so called 5 figure income working class earn per month? shakehead.gif  doh.gif
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if still employee better start to sing : " i have a dream a song to sing "
Investor007
post Mar 11 2014, 03:37 PM

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so...a new developer coming?
cheryee
post Apr 3 2014, 04:02 PM

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QUOTE(Top Gun @ Mar 9 2014, 01:44 PM)
Now that is cheap.
Faster sell your 40% paper profit 2 lots of bungalow lots at SEH and buy few acres there loh. rclxms.gif
*
Cannot sell coz Rabel dear has given 1 lot to me tongue.gif
SUSnilambanting
post Apr 3 2014, 04:45 PM

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bank in your money so that i can help you to buy.
topearn
post Apr 3 2014, 05:30 PM

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QUOTE(funnybone @ Mar 9 2014, 12:51 PM)
Not sure the amt. Maybe can got for RM100 - RM200 per sq ft.
Loan have to ask from bank. Not sure how this goes but definitely you need to show your financial status...
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Agricultural land selling for RM100-RM200 per sq feet ? Impossible. That means a 22x75 will cost RM165K-RM330K...for this price U can buy a terrace house in some places.

topearn
post Apr 3 2014, 05:35 PM

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QUOTE(il0ve51 @ Mar 9 2014, 01:29 PM)
agricultural land where got 100-200 psf.
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Yes, if agricultural cost this much...can only qualify to grow money trees..which bears money as fruits...else how to earn back the huge cost of the land ?

sgchan90
post Apr 3 2014, 05:46 PM

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Agri land in Sg Buluh, Balakong, Cheras all $100 ++ psf.

Nowadays, where got developer buy this type of land to built terrace hse. All built apartments land.

 

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