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 EcoMajestic @ Semenyih (VERSION 17), Cradleton VP-ed... Tenderfields soon!

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easywin3
post Jul 31 2017, 04:20 PM

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QUOTE(graxith @ Jul 31 2017, 04:11 PM)
If 3% off 588k, 1st buyer paid 570k. Sell 590k profit 20k before all expenses?
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Good margin if he is able to sell within 1 month.
Does this still happen in nowadays market ?
BRE
post Jul 31 2017, 04:35 PM

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QUOTE(graxith @ Jul 31 2017, 05:11 PM)
If 3% off 588k, 1st buyer paid 570k. Sell 590k profit 20k before all expenses?
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20k gross profit enough 2 cover rpgt, agent's comm, loan progressive interest? Hardly any nett profit

This post has been edited by BRE: Jul 31 2017, 04:39 PM
klangvalleyrookie
post Jul 31 2017, 04:49 PM

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QUOTE(BRE @ Jul 31 2017, 04:35 PM)
20k gross profit enough 2 cover rpgt, agent's comm, loan progressive interest? Hardly any nett profit
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The thing is, these so call 'desperate sellers' could be getting higher discount than the normal 3%, eg. extra 7% for bumi or extra 5% for staff.... like tat can cover ah?
llika
post Jul 31 2017, 04:58 PM

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and then need to pay property gain tax
graxith
post Jul 31 2017, 05:05 PM

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QUOTE(llika @ Jul 31 2017, 04:58 PM)
and then need to pay property gain tax
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Most likely RPGT might not apply, with the assumption:
1. Bought at 588k sell at 590k, profit 2k? (Since discount not reflect in S&P)
2. Minus all legal fees, probably gain is negative?
LOL
SUSNew Klang
post Jul 31 2017, 06:57 PM

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QUOTE(klangvalleyrookie @ Jul 31 2017, 04:49 PM)
The thing is, these so call 'desperate sellers' could be getting higher discount than the normal 3%, eg. extra 7% for bumi or extra 5% for staff.... like tat can cover ah?
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Can. 15% of 600k is big pocket money earned.
shawnk
post Jul 31 2017, 07:06 PM

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QUOTE(jootat @ Jul 31 2017, 02:49 PM)
Caller: Ring Ring ... I am interested on the unit you listed in mudah.
Agent: Sorry sir, that unit is sold, but we do have another unit available for viewing. Would you be interested? But the price is 6xx++

Sorry, I made up the above myself. I just want to park here but donno how to start
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Funny guy. However, this is quite a common way to get buyer listing.
gilabola
post Jul 31 2017, 09:15 PM

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QUOTE(bulibuli @ Jul 31 2017, 02:13 PM)
found many start selling lower than launching price
580k
https://www.iproperty.com.my/property/2-sty...Wd233v9zUqHC.97
http://www.mudah.my/Kajang+Semenyih+Eco+Ma...In-56981577.htm
dont know what is the reason
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Wow.. no money to be made for people who bought as an investment.

This post has been edited by gilabola: Jul 31 2017, 09:15 PM
llika
post Jul 31 2017, 11:19 PM

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iproperty price can negotiate about 5~10%

This post has been edited by llika: Jul 31 2017, 11:20 PM
llika
post Jul 31 2017, 11:24 PM

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QUOTE(graxith @ Jul 31 2017, 06:05 PM)
Most likely RPGT might not apply, with the assumption:
1. Bought at 588k sell at 590k, profit 2k? (Since discount not reflect in S&P)
2. Minus all legal fees, probably gain is negative?
LOL
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you think government care about your legal fee's?
government will judge the price according your stamp duty fee
ameliorate
post Aug 1 2017, 09:32 AM

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QUOTE(llika @ Jul 31 2017, 11:24 PM)
you think government care about your legal fee's?
government will judge the price according your stamp duty fee
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Have to correct you here. RPGT is chargeable on net profit, not SPA price.

https://loanstreet.com.my/learning-centre/rpgt-in-malaysia
TSJasoncat
post Aug 1 2017, 09:41 PM

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Have not visited LYN and this thread for quite some time... many non-buyers surface lol.

Anyone interested in the new shop houses in EM? brows.gif
LuckyOne
post Aug 1 2017, 09:53 PM

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QUOTE(Jasoncat @ Aug 1 2017, 09:41 PM)
Have not visited LYN and this thread for quite some time... many non-buyers surface lol.

Anyone interested in the new shop houses in EM? brows.gif
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EM's products? thumbup.gif thumbup.gif
TSJasoncat
post Aug 1 2017, 10:21 PM

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QUOTE(LuckyOne @ Aug 1 2017, 09:53 PM)
EM's products?  thumbup.gif  thumbup.gif
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Boss, if shophouse in EM is not EM product, apa lagi? biggrin.gif
HarpArtist
post Aug 1 2017, 11:41 PM

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QUOTE(Jasoncat @ Aug 1 2017, 09:41 PM)
Have not visited LYN and this thread for quite some time... many non-buyers surface lol.

Anyone interested in the new shop houses in EM? brows.gif
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whatsapp group for privacy if need be. lyn is a public forum.
TSJasoncat
post Aug 2 2017, 07:41 AM

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QUOTE(HarpArtist @ Aug 1 2017, 11:41 PM)
whatsapp group for privacy if need be. lyn is a public forum.
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Lol... don't la over sensitive... I never said non buyers are not welcome if you have that kind of feeling. Relatively much lesser buyers chatting here after the owners WhatsApp groups are formed.
TSJasoncat
post Aug 2 2017, 07:43 AM

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Whitten is coming soon......
TSJasoncat
post Aug 2 2017, 07:45 AM

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... oh yeah, and Stoneridge too ... soon!
graxith
post Aug 2 2017, 10:12 AM

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QUOTE(Jasoncat @ Aug 2 2017, 07:41 AM)
Lol... don't la over sensitive...  I never said non buyers are not welcome if you have that kind of feeling.  Relatively much lesser buyers chatting here after the owners WhatsApp groups are formed.
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I still rely on forum to get information as I am not in any WA group since I am Merrydale buyer.
Or is there already a Merrydale group?
TSJasoncat
post Aug 2 2017, 10:23 AM

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QUOTE(graxith @ Aug 2 2017, 10:12 AM)
I still rely on forum to get information as I am not in any WA group since I am Merrydale buyer.
Or is there already a Merrydale group?
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Noted. Not too sure but afaik not yet any group for Merrydale formed.
Yeah, forum shall be a platform to share info as well but sometimes some nonsenses are disturbing yet kind of unavoidable given that this is an open platform.
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