QUOTE(ong_mrp @ Oct 26 2014, 12:17 AM)
If u able to hold at least 7-8 years, I believe the timing is something around there and should be maturing. I believe to hold 5 years is a min, since its RPGT period, but if 7-8 years would be quite nice.
Household EcoMajestic @ Semenyih (VERSION 5), Herald of a New Era by EcoWorld
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Oct 26 2014, 12:58 AM
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QUOTE(ong_mrp @ Oct 26 2014, 12:17 AM) If u able to hold at least 7-8 years, I believe the timing is something around there and should be maturing. I believe to hold 5 years is a min, since its RPGT period, but if 7-8 years would be quite nice. |
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Oct 26 2014, 12:59 AM
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Oct 26 2014, 09:16 AM
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8,226 posts Joined: Jul 2014 From: Kuala Lumpur |
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Oct 26 2014, 10:26 AM
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Oct 26 2014, 10:33 AM
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Oct 26 2014, 11:44 AM
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Oct 26 2014, 11:51 AM
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Ask uself will be residents or investor?
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Oct 26 2014, 11:57 AM
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Oct 26 2014, 12:03 PM
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Anyone attending the private preview today?
This post has been edited by Walaoeh!: Oct 26 2014, 12:31 PM |
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Oct 26 2014, 12:41 PM
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QUOTE(Chris Chew @ Oct 26 2014, 12:58 AM) If u able to hold at least 7-8 years, I believe the timing is something around there and should be maturing. Buy 650k DSL in 2014, let say hold 5 yrs, installment fees 130k within 5 yrs, total cost min 780k after 5 yrs, lucky sell it 950k in 2019, margin around 150k, actually is quite low, the margin same as put 650k fixed deposit in bank for 5 yrsI believe to hold 5 years is a min, since its RPGT period, but if 7-8 years would be quite nice. |
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Oct 26 2014, 12:45 PM
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Oct 26 2014, 12:47 PM
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QUOTE(hungerybaby @ Oct 26 2014, 12:41 PM) Buy 650k DSL in 2014, let say hold 5 yrs, installment fees 130k within 5 yrs, total cost min 780k after 5 yrs, lucky sell it 950k in 2019, margin around 150k, actually is quite low, the margin same as put 650k fixed deposit in bank for 5 yrs Low???How much actual cash u put on for both capital and expenses? This post has been edited by CK15: Oct 26 2014, 12:48 PM |
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Oct 26 2014, 12:56 PM
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Oct 26 2014, 01:09 PM
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QUOTE(hungerybaby @ Oct 26 2014, 12:56 PM) What CK15 point out is true that the buyer needs to fork out, says 10% only of the purchase price to enjoy the return from the property appreciation. For fixed deposits, one has to dump in the whole sum of few hundred thousands to enjoy the similar return. Well, of course in property investment or most of the higher risk investments there is barely to have such things called "sure gain". To expect higher return, one has to prepare to bear higher risk. |
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Oct 26 2014, 01:19 PM
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QUOTE(Jasoncat @ Oct 26 2014, 01:09 PM) What CK15 point out is true that the buyer needs to fork out, says 10% only of the purchase price to enjoy the return from the property appreciation. For fixed deposits, one has to dump in the whole sum of few hundred thousands to enjoy the similar return. I myself like properties investment so much for the past ten yrs but properties invesemt nowadays no longer my priority, msia income hard to catch upWell, of course in property investment or most of the higher risk investments there is barely to have such things called "sure gain". To expect higher return, one has to prepare to bear higher risk. |
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Oct 26 2014, 01:22 PM
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QUOTE(hungerybaby @ Oct 26 2014, 01:19 PM) I myself like properties investment so much for the past ten yrs but properties invesemt nowadays no longer my priority, msia income hard to catch up +1, the homeowners in Semenyih will light up their houses upon vp good view heights launching 2nd phase 738k, those jokers buying 1st phase to invest too bad 10k increase in paper 1st phase 250 units, 249 Chinese , 1 Indian, Malays 0 2nd phase 88 units sold 35 units, launched deepavali |
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Oct 26 2014, 01:30 PM
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QUOTE(hungerybaby @ Oct 26 2014, 12:41 PM) Buy 650k DSL in 2014, let say hold 5 yrs, installment fees 130k within 5 yrs, total cost min 780k after 5 yrs, lucky sell it 950k in 2019, margin around 150k, actually is quite low, the margin same as put 650k fixed deposit in bank for 5 yrs Not really. Assume u have RM 650k cash and put into FD for 5 years until 2019. After 3.75% compounding interest, it would be estimated RM 130k interest earned. If u buy RM 650k cash and keep for 5 years and sell it RM 950k in 2019. Cost of acquisition is almost nil and disposal is RM 19k ( 2% of RM 950k ), S&P and misc cost RM 10k and maintenance fee RM 5k ( over 2 years due to first 3 years is under con ). RM 950k - RM 650 - RM 34k = RM 266k profit ono bfore other miscel cost upon completion. I assume u buy RM 650k with 10% dp, which is acquiring cost of RM 65,000 and loan RM 585k for 35 years. Cost of 5 years, 3 years construction period of RM 585k is about RM 30k max. 2 years installment interest portion only RM 2100 x 24 = RM 50k Cost of disposal, RM 80k interest paid + RM 34k = RM 114k Profit = RM 950k - RM 650k - RM 114k = RM 186k ono bfore other miscel minor cost. This is with RM 65k capital, no need lock the RM 650k cash. |
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Oct 26 2014, 01:41 PM
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QUOTE(hungerybaby @ Oct 26 2014, 01:19 PM) I myself like properties investment so much for the past ten yrs but properties invesemt nowadays no longer my priority, msia income hard to catch up But a lot of time I'm quite surprised why there are so many orang kaya around buying properties like buying vege in the market |
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Oct 26 2014, 01:45 PM
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8,226 posts Joined: Jul 2014 From: Kuala Lumpur |
QUOTE(Chris Chew @ Oct 26 2014, 01:30 PM) Not really. Taikor.....u r accountance??Assume u have RM 650k cash and put into FD for 5 years until 2019. After 3.75% compounding interest, it would be estimated RM 130k interest earned. If u buy RM 650k cash and keep for 5 years and sell it RM 950k in 2019. Cost of acquisition is almost nil and disposal is RM 19k ( 2% of RM 950k ), S&P and misc cost RM 10k and maintenance fee RM 5k ( over 2 years due to first 3 years is under con ). RM 950k - RM 650 - RM 34k = RM 266k profit ono bfore other miscel cost upon completion. I assume u buy RM 650k with 10% dp, which is acquiring cost of RM 65,000 and loan RM 585k for 35 years. Cost of 5 years, 3 years construction period of RM 585k is about RM 30k max. 2 years installment interest portion only RM 2100 x 24 = RM 50k Cost of disposal, RM 80k interest paid + RM 34k = RM 114k Profit = RM 950k - RM 650k - RM 114k = RM 186k ono bfore other miscel minor cost. This is with RM 65k capital, no need lock the RM 650k cash. |
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Oct 26 2014, 01:56 PM
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QUOTE(Chris Chew @ Oct 26 2014, 01:30 PM) Not really. Loan 585k 35yrs 4.45%, monthly is RM2750, 36months is 99kAssume u have RM 650k cash and put into FD for 5 years until 2019. After 3.75% compounding interest, it would be estimated RM 130k interest earned. If u buy RM 650k cash and keep for 5 years and sell it RM 950k in 2019. Cost of acquisition is almost nil and disposal is RM 19k ( 2% of RM 950k ), S&P and misc cost RM 10k and maintenance fee RM 5k ( over 2 years due to first 3 years is under con ). RM 950k - RM 650 - RM 34k = RM 266k profit ono bfore other miscel cost upon completion. I assume u buy RM 650k with 10% dp, which is acquiring cost of RM 65,000 and loan RM 585k for 35 years. Cost of 5 years, 3 years construction period of RM 585k is about RM 30k max. 2 years installment interest portion only RM 2100 x 24 = RM 50k Cost of disposal, RM 80k interest paid + RM 34k = RM 114k Profit = RM 950k - RM 650k - RM 114k = RM 186k ono bfore other miscel minor cost. This is with RM 65k capital, no need lock the RM 650k cash. 950- 2% agent fee - interest during construction period - maintenances - snp loan agreement - 3yrs installment - 5 yrs interest 3.75% for 65k = 950 - 19 - 20- 5 - 10 - 99- 13= 784 (784 -650 )/5 = 134/5 = 26.8k/year Accumulated cost paying = 10% downpayment + snp loan agreement insurance + interest during construction period + maintenance fee + monthly installment = 200k Rate of return ~ 134/200/5yrs ~ 13.5% per yr This post has been edited by hungerybaby: Oct 26 2014, 02:12 PM |
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