Outline ·
[ Standard ] ·
Linear+
Condo investment, How long to hold
|
SquareFt
|
Jul 7 2017, 05:03 PM
|
Getting Started

|
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). If wait 5 years and sell @ RM500k. RM373k + RM126k (5 years installment and not renting out). Congrats. You will earn Rm1k nett **meaningful profit** So just need to lower ones expectations and rent out at average 1k per month,then at least got 60k gain.
|
|
|
|
|
|
SquareFt
|
Jul 7 2017, 05:36 PM
|
Getting Started

|
QUOTE(hioniq @ Jul 7 2017, 05:04 PM) Ur calculation so funny, 5 yrs serving loan the loan amount already reduced. So how can u deduct the loan amount 126k from selling price 500k?? No one can predict the future, just patiently wait for few more years. The nilam putri built by bujit hitam also fetch handsome profit in case you dun know Your investment also so funny. Your comparison with Tropicana studio also so funny.
|
|
|
|
|
|
SquareFt
|
Jul 12 2017, 02:16 PM
|
Getting Started

|
QUOTE(hioniq @ Jul 12 2017, 02:06 PM) No worry there is still market there, persons working in bandar puteri or puchong jaya, teachers in han ming, sin ming or secondary schools. And you will never know ppl working in kl/pj might stay here also. The existing nilam puri and heron also have many tenants and they might consider move to epic residence as it is new. Anyhow I agree the market here is smaller but it is possible to rent out depending on your asking price and targeted tenant. I thought you have no intention to rent out?
|
|
|
|
|
|
SquareFt
|
Jul 12 2017, 02:20 PM
|
Getting Started

|
QUOTE(SquareFt @ Jul 12 2017, 02:16 PM) Edit: Oh just read back, so you're finally open to the idea of renting out.
|
|
|
|
|