You are right. He meant 1 dual key unit as 2 units 🤣🤣.

In which world is a dual key is considered as 2 units lol. This is just embarrassing to the max

So in short she took a 90% loan on a 700k nett SPA pricing. Let's break it down a bit here :

SPA : 700K after bumi discount
90% loan : 630k ( loan from bank)
70 % loan : 490k ( unit's value after 30% discount)
Cashback : 630k - 490k = RM140K
Renovation : 40k
Remaining: 100k


This post has been edited by Helpmeplis: Jun 21 2021, 01:23 AM

I think this price is just exorbitantly high for renting. Can people even afford to rent at this high rate ? Optimisticly, they are aiming to get RM3950 from this strategy. Personally I think this is just bollocks at our current economy or even at our future economy. How many people have the money to pay 1.3k for renting a room lol. I earn 10k also won't pay 1.3k to rent a f*cking room.

If the loan amount is 630k, then her installment should be RM2.5K@3.2% /RM3k @4.5%. if let's say the maintenance is RM0.3/psqft, for 880sqft house then it should cost RM264. Water+ utility+ wifi+ bi weekly cleaning should cost another minimum of RM600. Add up together, the minimum cost should be RM 3364@3.2%/ RM3864@4.5%.

At any given point, ,if one tenant decides to leave this whole plan goes to the bin. Negative cashflow just like that BAMM.

This post has been edited by Helpmeplis: Jun 21 2021, 09:36 AM

Lol exactly !!

He meant dual key as 2 units lol

I think you misunderstood here. He tried to potray dual key as 2 units. He tried to play with words. The total price is 700K on SPA after Bumi Discount for a dual key unit.

Alot of people would think that owh great got 2 units for 350k each but in truth it was dual key unit for 700k.

This post has been edited by Helpmeplis: Jun 22 2021, 01:14 AM

RM950 for room 2 & 3 ? Bhahahaha goodluck with that

RM650 For that store room ?

This people are smoking weed 🤣🤣