QUOTE(AskarPerang @ May 14 2019, 07:30 PM)
If the surrounding similar layout is selling for RM900 psf and the new undercon project is selling at RM700 psf, hence, your margin of safety is RM200 psf.
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In other words, you are already making money (paper gain) when purchasing the new undercon project. ✌🏻
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#kapitalismuda
#capitalistBBV
#belowbankvalue
#gradeApropertyiscoming
does this guy even know what is 'paper gain' or not?????
your next door condo valued at 1000psf doesn't mean your unbuilt condo also be valued at the same price as 100psf.
until and unless your condo also valued at 1000psf and there is REAL demand in subsale market for REAL people to pay REAL ringgit for your unit, there is not consider as paper gain.
then what should we called in scenario like this? surely there is financial term right?
how about syiok sendiri gain?
and why would YNH wanna sell a market value 1000psf apartments at 700psf? they are on charity mission? want 2nd life or better after life?
This post has been edited by BEANCOUNTER: May 15 2019, 11:12 AM