if house in malaysia expensive, who buy it? 
Oct 16 2019, 10:16 AM
QUOTE(kingmafia @ Oct 16 2019, 10:08 AM)
The cost for a developer already high i believe, if the land they acquired already 300k/unit plus the construction cost 400k = 700k.
They earn the 200k profit only, even if they lower the profit, still hardly to sell out.
See the bandar baru land cost, RM850/psf x 1000sf land area = RM850,000. How much can the developer sell if the land they brought already RM850k?
https://www.nst.com.my/news/nation/2019/09/...baru-landowners
Lol, your psf calculation really canggih. They earn the 200k profit only, even if they lower the profit, still hardly to sell out.
See the bandar baru land cost, RM850/psf x 1000sf land area = RM850,000. How much can the developer sell if the land they brought already RM850k?
https://www.nst.com.my/news/nation/2019/09/...baru-landowners
If it is landed, that might be it but most of the land will be used for highrise. So, effectively your calculation is for ground floor.
Other floors should sell for cheap since they are free.
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