Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 how is my property doing?

views
     
TSsmokey
post Jun 28 2020, 12:10 PM, updated 6y ago

Infinity speed
*******
Senior Member
3,506 posts

Joined: Jan 2003
From: Lumpur
retail price ~460k
dev discount 10%
bought price ~418k
loaned ~418k

searched mudah for same unit selling price @2020 ~410k (i saw this is the lowest price, but lower floor)

user posted image

if sell now at 410k, maybe lost ~40k to 50k (estimated)

anyway just sharing for your knowledge only..this is to tell u property investment is not always rosy

the morale of the story is, loan as little as possible because the bulk of your installment is just enough to cover the interest

This post has been edited by smokey: Jun 28 2020, 12:26 PM
viole
post Jun 28 2020, 12:11 PM

KFC Lover
*****
Junior Member
840 posts

Joined: Feb 2013
Tak de bumi discount la teww.



Owaiiii biggrin.gif
SUSNed_Fromthenorth
post Jun 28 2020, 12:12 PM

Tezos till you Bezos
****
Junior Member
640 posts

Joined: Nov 2012



do ppl actually do these? like wtf, i owned 8 property renting out and i dont even count until like that.
TSsmokey
post Jun 28 2020, 12:15 PM

Infinity speed
*******
Senior Member
3,506 posts

Joined: Jan 2003
From: Lumpur
QUOTE(Ned_Fromthenorth @ Jun 28 2020, 12:12 PM)
do ppl actually do these? like wtf, i owned 8 property renting out and i dont even count until like that.
*
today free abit
so fired up excel and do some book keeping

This post has been edited by smokey: Jun 28 2020, 12:16 PM
SUSbronkos
post Jun 28 2020, 12:16 PM

Regular
******
Senior Member
1,159 posts

Joined: Mar 2019
location?
SUSDaylight2018
post Jun 28 2020, 12:17 PM

Getting Started
**
Junior Member
227 posts

Joined: Jun 2018
QUOTE(smokey @ Jun 28 2020, 12:10 PM)
retail price ~460k
dev discount 10%
bought price ~418k
loaned ~418k

searched mudah for same unit selling price ~410k (i saw this is the lowest price, but lower floor)

user posted image

if sell now at 410k, maybe lost ~40k to 50k (estimated)

anyway just sharing for your knowledge only..this is to tell u property investment is not always rosy
*
Property investment isn't always a shortcut way to make money
It is only used to preserve your wealth

This post has been edited by Daylight2018: Jun 28 2020, 12:17 PM
TSsmokey
post Jun 28 2020, 12:17 PM

Infinity speed
*******
Senior Member
3,506 posts

Joined: Jan 2003
From: Lumpur
QUOTE(bronkos @ Jun 28 2020, 12:16 PM)
location?
*
sek 13 shah alam
SUSbronkos
post Jun 28 2020, 12:18 PM

Regular
******
Senior Member
1,159 posts

Joined: Mar 2019
QUOTE(smokey @ Jun 28 2020, 12:17 PM)
sek 13 shah alam
*
which one? details pls
pisces88
post Jun 28 2020, 12:20 PM

Look at all my stars!!
*******
Senior Member
3,971 posts

Joined: Nov 2007


Damn u got records of those interest n maintenance all for so many years
TSsmokey
post Jun 28 2020, 12:22 PM

Infinity speed
*******
Senior Member
3,506 posts

Joined: Jan 2003
From: Lumpur
QUOTE(pisces88 @ Jun 28 2020, 12:20 PM)
Damn u got records of those interest n maintenance all for so many years
*
you can get loan statement from ur bank in pdf
my jmb can see the maintenance via online system

so i just calculate them with calculator 1 shot
smallcrab
post Jun 28 2020, 12:23 PM

Getting Started
**
Junior Member
140 posts

Joined: Jul 2007
From: Puchong


condo maintenance etc very costly
Currylaksa
post Jun 28 2020, 12:23 PM

Regular
******
Senior Member
1,616 posts

Joined: Aug 2010


what is the investment profit after subtracting FD rate ohmy.gif
TSsmokey
post Jun 28 2020, 12:25 PM

Infinity speed
*******
Senior Member
3,506 posts

Joined: Jan 2003
From: Lumpur
QUOTE(Currylaksa @ Jun 28 2020, 12:23 PM)
what is the investment profit after subtracting FD rate ohmy.gif
*
emm im not very good with accounting
in my view, now is -% hahah..only will be positive after my installment is way higher than the monthly interest
maybe in another 10 years?
bristlebb
post Jun 28 2020, 12:31 PM

On my way
****
Junior Member
575 posts

Joined: Jan 2011
QUOTE(smokey @ Jun 28 2020, 12:10 PM)
retail price ~460k
dev discount 10%
bought price ~418k
loaned ~418k

searched mudah for same unit selling price @2020 ~410k (i saw this is the lowest price, but lower floor)

user posted image

if sell now at 410k, maybe lost ~40k to 50k (estimated)

anyway just sharing for your knowledge only..this is to tell u property investment is not always rosy

the morale of the story is, loan as little as possible because the bulk of your installment is just enough to cover the interest
*
ayam agree. by the time u settle the loan following schedule you end up pay double price for property
not sure if the price of the property will double anot
arcadicus
post Jun 28 2020, 12:36 PM

Getting Started
**
Junior Member
213 posts

Joined: Dec 2008


QUOTE(smokey @ Jun 28 2020, 12:17 PM)
sek 13 shah alam
*
near the primary school ah? facing the stadium?
SomaCruz89
post Jun 28 2020, 12:40 PM

Getting Started
**
Junior Member
289 posts

Joined: Feb 2009


Which project if you don't mind
max_cavalera
post Jun 28 2020, 12:41 PM

rebirth
*******
Senior Member
5,614 posts

Joined: Jun 2006
From: Cyberjaya, Shah Alam, Ipoh



QUOTE(smokey @ Jun 28 2020, 01:17 PM)
sek 13 shah alam
*
WOwowo hi neighbour! biggrin.gif tongue.gif

Im just beside at Bukit Jelutong.
max_cavalera
post Jun 28 2020, 12:42 PM

rebirth
*******
Senior Member
5,614 posts

Joined: Jun 2006
From: Cyberjaya, Shah Alam, Ipoh



QUOTE(smokey @ Jun 28 2020, 01:25 PM)
emm im not very good with accounting
in my view, now is -% hahah..only will be positive after my installment is way higher than the monthly interest
maybe in another 10 years?
*
Another 2 years lrt sekseyen 13 station siap biggrin.gif tongue.gif

Sure very nice own stay there
SUSAud power
post Jun 28 2020, 12:42 PM

Getting Started
**
Junior Member
117 posts

Joined: Nov 2018
QUOTE(smokey @ Jun 28 2020, 12:10 PM)
retail price ~460k
dev discount 10%
bought price ~418k
loaned ~418k

searched mudah for same unit selling price @2020 ~410k (i saw this is the lowest price, but lower floor)

user posted image

if sell now at 410k, maybe lost ~40k to 50k (estimated)

anyway just sharing for your knowledge only..this is to tell u property investment is not always rosy

the morale of the story is, loan as little as possible because the bulk of your installment is just enough to cover the interest
*
460k -10% = 414k. Where you pay 418k
Anyway i shoulda asked for 20% discount
SUSAud power
post Jun 28 2020, 12:43 PM

Getting Started
**
Junior Member
117 posts

Joined: Nov 2018
QUOTE(max_cavalera @ Jun 28 2020, 12:41 PM)
WOwowo hi neighbour! biggrin.gif tongue.gif

Im just beside at Bukit Jelutong.
*
Wow you live beside big forest

2 Pages  1 2 >Top
 

Change to:
| Lo-Fi Version
0.0191sec    0.97    5 queries    GZIP Disabled
Time is now: 20th December 2025 - 02:22 AM