Condo investment, How long to hold
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 Jul 7 2017, 02:08 PM
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#1
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Senior Member
5,436 posts Joined: Jan 2011 
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Oh... epic jialat susah. I pigi survey the place And surrounding Liao. Impossible to flip. Developer sell Premium price tag from start. Go for cheap rental first to hold as long as you can until bull run again.
This post has been edited by HELLO HELLO: Jul 7 2017, 02:09 PM |
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Jul 7 2017, 07:29 PM
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#2
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Senior Member
5,436 posts Joined: Jan 2011
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QUOTE(damonjun11 @ Jul 7 2017, 04:55 PM) Assuming RM373k 30yrs loan @ 4.5% = 1 month 1.9k installment. Saw in another thread saying management fee is RM0.42. so one month need to bleed RM2100++ (RM1900 + RM262). First 10 years installment mostly goes to bank interest. If wait 5 years and sell @ RM500k. RM373k + RM126k (5 years installment and not renting out). Congrats. You will earn Rm1k nett **meaningful profit**  And ts want leave it vacant.... Jialat. This post has been edited by HELLO HELLO: Jul 7 2017, 07:58 PM |
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