QUOTE(PeriPeri2014 @ Dec 25 2014, 06:54 PM)
Boss, for example SEH phase 1, got any of investor buy 5 unit or above in same time?? can we get launching price +10% profit?? if yes, still can buy for long term cos current price sure more than 10% correct??
Newb in market....recently my friends told me if wanna invest long term better invest landed. They say now very hard get profit from highrise, if rental market highrise better

BTW boss, when SEH phase 1 VP??
Sori all, forgot this is Rimbayu Thread.

I not sure if there is any investor buy 5 units or above at the same time for each project. If the investor is doing so, he might be tktttttt or overly aggressive ( risky one )
In this case, in SEH, I dont think so. It's not a high discount with low entry project, furthermore, many of the buyers are quite cash rich, ex. staffs being repeatedly flipped their latest project of Setia Alam 20x70 and cash out, sikit sikit also can hold for another 3 years without rental income.
Furthermore, if to aim launching price + 10% is super unlikely unless you able to get an almost auction unit, provided you have the network in shortest time to snap it up.
RM 500k with DIBS for SEH, expected VP mid next year, a 2 years project, hence the exit cost would be 2% of selling price, RPGT 30% of profit price, 2% of bank loan penalty, say RM 9k. ( 450k x 2% )
If the owner sell at RM 600k, his cost would be RM 12k ( agent fee ) + RM 30k ( 30% RPGT ), RM 6k ( expected S&P cost ) + RM 9k ( loan exit penalty ) = RM 57k
If you abld to get any landed asking price at initial dev price + 10% only, do more due diligence of the project, find out his discount and profile on why selling such low price.