government can reclaim lands... tell you only if they can hold longer than 10 years they survive the wave, holding below 10 years especially 5 years and below, see how they burn their hands in this market..

every market so silence di, no worries, they can hold osos no use, new developments coming, their credit locked in old properties one so competition lesser, with current market flippers sure be very careful couple with developers maximum profit means entry price high, this will make them shy away..

sure got ppl firesales one, many actually plan only to sell off upon VP, those times are still here, but the price quoted beats potential buyers...

yes only from gain, but need to include loan penalties, legal fees (sales & purchase & loan), stamp duties (loan & s&p).. when you bought from developer, and then another round of S& P legal fees when you sell...

and also, minus your initial deposit paied say 500k (50K), and any loan that you have service , say you pay 2.2 k monthly, you paid 10 months, that is 22k..

PROVIDED YOU CAN SELL, minus everything you get the nett, then divide by minimum 3 years or 2 years completions dates for new prop landed and high rise..

other than this it rugi kes... every month bleed 2.2k , sumore insurance fire, quit rent and assessment, and havent include MLTA and MRTA another extra RM200 per month, if flipping they wont bother..

all above this, you as an owner will then buy from them the inflated price, your burden will double of them.. good luck choose wisely, if deal is really good grab it..

first hurdle is the bank valuation anyting less tha 80% not worth it at all even 90% also need to kfully see the surroundings..

my 2 cents

no... as a vendor, these is also legal fees to be bourne. dun believe try selling one..

That is right.. there are ppl who are desperately in need or emergency for money..

btw TS, is it a joint loan and joint ownership? If it is joint ownership.. edyek might come handy..

Ya lor dude must be meaning the adjidication of MOT.. if I m the one committing dat error.. ppl will spam me kao kao..

this is the 2nd incident di.. blatant errors in concept..

Smart dude ... your world class work is framed here..I wonder now....tapao me balik pulak..

This post has been edited by bearbearwong: Apr 4 2014, 09:16 PM

You dare accussed me dunno diffetentiate when I fact It was you.. linking valuer with RPGT which was correctly pointed out by gunh.. remembrr

There is only 1calculation of RPGT..

that is what i have been saying and referring.. dude is referring s stamp duty model in RPGT calculations and sumore bombard me..

same dude.. and his herd... i am not BBB, i leave some room for him.. i am not interested in degrading

Walao argue to this level.. refer to hansard.. see parliament intention lahh.. we copy cat uk wat..

at the end any form arguements remain as it is.. courts and government will interpret so far to suit their needs.. more revenues for gov are never a wrong..

This post has been edited by bearbearwong: Apr 6 2014, 01:02 AM