Hmm..

Lets say a purchase in SEH 2 is 550k. Assuming that you have undertaken a 35 years mortgage at 90% LTV. Your monthly repayment to the bank would be 2.5k.

Understand that new township requires a mid term to long term holding power. Below are some scenarios of holding cost without rental as we are very well aware of the situation here. Let's just ignore the other ad hoc cost in the scenarios below.

5 years (mid term) : holding cost without rental : 2.5k x 60 = 150k.
10 years (long term) : holding cost without rental : 2.5k x 120 = 300k.

Let's hope the 550k seh 2 house will appreciate till at least 750k to breakeven in 5 years time. Not to forget those misc cost and also I'm sure you would want to walk away with some profit too. 900k in 5 years time doable? Let's not use the word doable but can it be transacted at 900k in 5 years time..

I'm bullish towards the commercials here but I've missed the boat. Sigh.. waiting for the new commie launches!!

This post has been edited by safewatch: May 21 2016, 09:13 AM

Sorry bro but houses around eco templar especially in rawang are fetching around that price benchmark where as for semenyih average would be around 500k to 600k benchmark. The projects by sp setia are priced accordingly to target areas.

Bangi mah sing project is already asking for 500k above whuch is very ridiculous. Lol.

Yeah waiting for seh 2 commies. Hope the prices are reasonable.

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