Condo investment, How long to hold
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 Jul 7 2017, 02:07 PM
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#1
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All Stars
10,188 posts Joined: Apr 2012 
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rent it out for around 1300 and wait for developer units to clear out.... otherwise sell at no gain no loss (inclusive of your expenses)..... handsome profit... u bought ur hse to flip at wrong time bro... towards the end of property bull run... lol
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Jul 7 2017, 03:58 PM
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#2
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All Stars
10,188 posts Joined: Apr 2012
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QUOTE(Nikmon @ Jul 7 2017, 03:39 PM) honestly that place ah.... the wharf i ingat negro nest.....? doing well also bcum not well already.... lol... and its leasehold right.... its actually further away from puchong city....Road entry not good, a lot of foreigner there, old shop still got a lot, so don't hope the commercial will boom in near future, this place quite quite far from puchong, address is under sepang, public transport bus only lo, LDP damn jam during peak hour and it getting worse, is surrounded by toll except go to pchuong, good things are near to Taylor school lo, near to Tesco, .....but i just don't think enough. There got a lot of cheap condo and lander, rental quite affordable...forgot to mention, it near to a beautiful mosque on the hilll  The wharf is in better location compare to here as the population there is higher, also not doing well....sooooo what you think leh  |
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Jul 7 2017, 04:06 PM
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#3
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All Stars
10,188 posts Joined: Apr 2012
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QUOTE(hioniq @ Jul 7 2017, 03:37 PM) Many told me property make more money rather than put your money in bank - inflation, low interest, currency dropped, blabla. Hence I also try to invest and hope able to gain in next few years. For now just tighten the belt and patiently wait. Tropicana city studio also can fetch 600k plus, why cant my studio get 450k? Just time only and it is freehold so no worry to hold. your mentality is kinda wrong... i mean yea... other than freehold... u shud think wad other factors that your studio have compare to tropicana city ones? and bear in mind bro... u hold few more years... more subsales studio coming in the market... especially those at hotter areas than bukit puchong... not trying to pour you cold water.... u have a good mindset there... which is be positive and live on...  |
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Jul 7 2017, 04:58 PM
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#4
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All Stars
10,188 posts Joined: Apr 2012
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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). its more meaningful to calculate rental yield now based on property price than looking at the installment liao... haha... no matter what he these few years need to bleed alot of cash flow anyway... gain or loss is another matter.... the rental yield if able to cover interest at least... he consider as getting the property at cost level liao disregard the transaction expenses...If wait 5 years and sell @ RM500k. RM373k + RM126k (5 years installment and not renting out). Congrats. You will earn Rm1k nett **meaningful profit** |
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Jul 8 2017, 09:34 AM
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#5
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All Stars
10,188 posts Joined: Apr 2012
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QUOTE(HarpArtist @ Jul 7 2017, 07:45 PM) Ts has his own thinking ask for opinion but doesnt take what he doesnt like to hear. Dont waste time here guys agreed.... come here just to debate/rebute other sayings and speak out his opinion... might as well just open a thread on his own opinion about property market and close the thread.... |
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