later BBW said stupid again

Maybe plan to have another 360° club house in SEH2

Any idea when shops will launch?

Samkor, sure ada bungalow land for sale? I think SPS doesn't need to do so but instead selling the bungalow houses will fetch better margin.

Sorry samkps bro. The 750k calculation is inclusive of the capital outlay too if u get what I mean.. cuz given the situation where u wanna dispose in 5 years time.

First 10% = 50k

550k (90% ltv) = 500k

5 years holding = 2500 x 60 = 150k

Misc cost (furnishings, lawyer fees and stamp duty upon disposal) = 50k

Take home profit = 50k (may be adjusted accordingly to individual preference)

Total = 800k

*I revise the figure to 800k now. Forgot to include the first 10% of 550k

Of cuz that's assuming if the unit is not rented based on the current near term supplies. I may be wrong but the scenario above sets as a very simple reference only.

Do you have any idea when I seh 1 phase 2 commies or ew silver square commies gonna launch? Wanna que for it this time. Tq

This post has been edited by safewatch: May 22 2016, 12:20 AM

SPA price: 553k
Downpayment: 55.3k
Loan (90%): 497.7k
Let say you get a loan for 35 years with a loan rate 4.5%, monthly installment is 2355.40.
You service the loan for 5 years: 2355.40 X 60 = 141,324 .
Out of this 141,324, interest charged is 108,488, while 32,836 will be used to pay the principle.
The outstanding loan after 5 years is 464,865.
Total investment you have put in: 55.3k (downpayment) + 108, 488 (interest charge) + 32, 836 (loan principle) = 196,624
------------------------------------------------------------------------
After 5 years upon completion (~ 7 years), you decide to sell the property at 750k.
So, the gross profit: 750k – 464,865 (loan) = 285,135
Misc charges incurred: 50k (this is assume you pay the MOT (not absorbed by Setia), otherwise normal charges would be only legal SPA (~ 10k) + agent fees (~15k). Assessment, quit rent, utility bills sum up should be less 3k)
The gross profit after misc charges = 285,135 – 50k = 235,135
The net profit: 235,135 – 196,624 (initial outlay) = 38,511
This assumes you let the house vacant for 5 years without any tenant.


By the way, not sure about when the next phase of commie in SEH 1 is going to launch, but the ecohill walk plan definitely already in the pipeline.

This post has been edited by samkps: May 22 2016, 01:19 AM

Stated in the masterplan... Should have at least some gua... Ecohill 1 which is only about 2/3 of the Ecohill 2 also have bungalow lot leh.

We all know that bear bear trying very hard for about 2 years plus already to convince everyone that all SEH /EM buyers are fated to be stupid, only buyers for GVH are smart..

习惯就好。。

wah, like that becomes 720 degree club houses already...

LoL

Ya stated in master plan banglow / banglow land. Not sure is empty land or house. Some more only 109 lots.
Ard half of arroyo garden.

This post has been edited by Rabel: May 22 2016, 10:03 AM

This roundabout could be the one near to South Creek.

U seemed convince.. please proceed accordingly.. and show spa ya

5 years vacant post vp not so likely.. if you drop rental below 1k sure got suiyee...

but 38k for 5 years post vp.. 2 years under con.. 7 years credit lock..
Outlay ard 200k.. fd rates 4%.. yearly 8k..
5 years 8k x 5 = 40k..

matematik bang...

you guys really count til the cow comes home meh?????

there are so many unexpected factors involved....punch til yr calculator bocor also no use de.....

bought already....just hope for the best, but prepared for the worst lah.....

very detailed calculation abt 5 yrs time yet until today during boom time price only rise from 405k to 460k also can get d..

u sure need 460k? my friend who went to view a few vped terrace there said the agent was practically begging him to make an offer, the owners really want to dispose.

Nowadays, agent very dramatic. Can be TVB best actress/actor. Wan sek ga lan.... Ask your friend to offer 460k, see that agent has potential seller or not. If no seller, whack him/her gau gau.

Does anyone have pricing and built-up info for link-house and semi-D cluster for SEH2 coming launch?

Bro, I believe you would be able to find the answers from page 12 to page 14.