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 Joint Venture with Developer, How much should landowner get

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Ripp87
post Jun 24 2015, 11:41 PM

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QUOTE(kochin @ Jun 24 2015, 09:37 AM)
6 SD = 6xRM500k = RM3mil
18T + 2C = 18xRM350k + 2xRM400k = RM6.3mil + RM0.8mil = RM7.1mil
Total = RM10.1mil

RM10.1mil/RM33.3mil = 30.6%
damn good deal wei!
normally land owners gets approx 15%-30% dependent on the land, and its status and its zoning and its restriction, etc.

but be careful about treatment of taxes!
*
Agree this is a great deal, just take the deal!

Alternatively, there's an option to take cash also - not the whole RM10.1 mil lah, maybe RM2 mil cash + RM8.1 mil worth of assets?

 

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