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how is my property doing?
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TSsmokey
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Jun 28 2020, 12:10 PM, updated 6y ago
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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)  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 interestThis post has been edited by smokey: Jun 28 2020, 12:26 PM
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viole
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Jun 28 2020, 12:11 PM
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Tak de bumi discount la teww. Owaiiii
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SUSNed_Fromthenorth
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Jun 28 2020, 12:12 PM
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do ppl actually do these? like wtf, i owned 8 property renting out and i dont even count until like that.
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TSsmokey
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Jun 28 2020, 12:15 PM
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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
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SUSbronkos
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Jun 28 2020, 12:16 PM
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location?
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SUSDaylight2018
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Jun 28 2020, 12:17 PM
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Getting Started

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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)  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
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TSsmokey
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Jun 28 2020, 12:17 PM
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QUOTE(bronkos @ Jun 28 2020, 12:16 PM) sek 13 shah alam
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SUSbronkos
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Jun 28 2020, 12:18 PM
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QUOTE(smokey @ Jun 28 2020, 12:17 PM) which one? details pls
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pisces88
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Jun 28 2020, 12:20 PM
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Damn u got records of those interest n maintenance all for so many years
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TSsmokey
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Jun 28 2020, 12:22 PM
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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
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smallcrab
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Jun 28 2020, 12:23 PM
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condo maintenance etc very costly
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Currylaksa
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Jun 28 2020, 12:23 PM
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what is the investment profit after subtracting FD rate
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TSsmokey
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Jun 28 2020, 12:25 PM
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QUOTE(Currylaksa @ Jun 28 2020, 12:23 PM) what is the investment profit after subtracting FD rate  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?
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bristlebb
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Jun 28 2020, 12:31 PM
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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)  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 interestayam 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
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arcadicus
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Jun 28 2020, 12:36 PM
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Getting Started

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QUOTE(smokey @ Jun 28 2020, 12:17 PM) near the primary school ah? facing the stadium?
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SomaCruz89
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Jun 28 2020, 12:40 PM
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Getting Started

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Which project if you don't mind
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max_cavalera
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Jun 28 2020, 12:41 PM
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QUOTE(smokey @ Jun 28 2020, 01:17 PM) WOwowo hi neighbour!  Im just beside at Bukit Jelutong.
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max_cavalera
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Jun 28 2020, 12:42 PM
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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  Sure very nice own stay there
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SUSAud power
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Jun 28 2020, 12:42 PM
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Getting Started

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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)  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 interest460k -10% = 414k. Where you pay 418k Anyway i shoulda asked for 20% discount
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SUSAud power
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Jun 28 2020, 12:43 PM
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Getting Started

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QUOTE(max_cavalera @ Jun 28 2020, 12:41 PM) WOwowo hi neighbour!  Im just beside at Bukit Jelutong. Wow you live beside big forest
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