Lol. The calculator only tells you how much you stand to gain after 5 years. The catch is, you have to pay up in year 5. I used 500k to calculate:
"*You will get back your RM 100,000 if the property does not depreciate in value at the end of 5 years.
In Year 5
Before Year 5 is due, you will need to decide if you want to sell the house (and earn potential profits), or continue to stay in the home by buying over or refinancing the home. The value of your home in 5 years will be RM 638,141, and you will need to pay RM530,513 if you choose to refinance and stay on.
If you want to sell the home, the property will be put on the market and sold at its valuation price. Proceeds from the sale will be distributed among investors and buyers. Based on the appreciation of 5%, you could potentially make RM 7,628 in capital gains or losses."
This is a scheme to help developerps get more waterfish to buyicemanfx
need your expert viewThis post has been edited by Aurora Boreali: Nov 4 2018, 02:04 PM