Jul 7 2017, 04:58 PM
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**
0.42 include GST yet?If wait 5 years and sell @ RM500k. RM373k + RM126k (5 years installment and not renting out). Congrats. You will earn Rm1k nett **meaningful profit**
The maintenance fee on serviced apartments and SoHos are also subject to GST and there are no discounts of exemptions unless a unit fulfils the conditions by the customs department and is treated as residential property. Only then is the maintenance fee on the unit no longer subject to GST.
https://www.theedgeproperty.com.my/content/...tled-residences
This post has been edited by elmond: Jul 7 2017, 05:04 PM
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