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Household EcoMajestic @ Semenyih (VERSION 5), Herald of a New Era by EcoWorld

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CK15
post 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
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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
CK15
post Oct 26 2014, 02:38 PM

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QUOTE(hungerybaby @ Oct 26 2014, 12:56 PM)
No risk if market slow down or jobless?
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Let's use ur own assumption:
1. Price = rm650k, so with 90% financing rm65k cash
2. 5 yrs installment for capital and interest = rm130k, so assume 40%/60% capital n interest ratio, so rm52k n rm78k respectively.
3.After 5 yrs no RPGT
4. After reduced other costs = Rm150k

By paying rm65k+rm130k u take back rm65k+rm52k+rm150k. Which bank offer such good interest?

CK15
post Oct 26 2014, 06:14 PM

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QUOTE(bearbearwong @ Oct 26 2014, 05:37 PM)
that is provided can sell right? bank confirm give interest, and provided BLR never increase for the next 5 years

sound like semenyih project sure to flip and sure to buy
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Bear2, what abt to cut the profit out another rm50k. Any bank interest can offer the same return?

 

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