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 interest

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

Tak de bumi discount la teww.



Owaiiii

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

location?

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

sek 13 shah alam

which one? details pls

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

condo maintenance etc very costly

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?

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

near the primary school ah? facing the stadium?

Which project if you don't mind

WOwowo hi neighbour!

Im just beside at Bukit Jelutong.

Another 2 years lrt sekseyen 13 station siap

Sure very nice own stay there

460k -10% = 414k. Where you pay 418k
Anyway i shoulda asked for 20% discount

Wow you live beside big forest

syurkur can lost 40-50k...

Mate , the prop price and the loan agreement is two different thing. One is offer by developer other is offer by bank. They have widely different agenda and profit structure.

If you think the loan agreement is too shit then why you ask for so much loan and have so bad credit? This nothing to do with the developer dy

Forgot actual price d
Maybe 45xk retail price

U atas pipu sure only settle for klcc, bukit damansara or mont kiara house

Go klcc eat everydei of course need stay near by or else how stuck in traffic 1 hour

But only bad thing is i always need to take grab 30 min to those far away place like subang and pj to find interesting women

Yes it is .. some you see even need to fully furnish also cant breakeven the mortgage value.. especially if the new condo suddenly built new to yours.

But why must buy new one ... just get subsale.. maybe can even get better discount.

your moral of story applies only to ppl putting cash in bank and do nth bout it.

Luckily my new unit that time wasn't those >600k type

That time noobie

Now will look for subsale landed

This post has been edited by smokey: Jun 28 2020, 12:56 PM

But put cash in bank can earn interest(albeit very low), has high liquidity and only suffer loss to inflation

So many years still remain stagnant.
I think I am facing similar issue as you do also. But you have rental income, so it's still okay, can consider rental income offsetting your interest paid.

Currently not rosy for short term. Yours is 400k property, quite a lot can afford it. Wait few years prices should slowly rebound back if location is good

Lol.. no wonder .. lousy location

When TS buy?

Location is good la..not jungle
Beside glenmarie and got lrt3 within walking distance

End of 2013

Is u bought any after 2010, u are not earning

Just take it as saving

This post has been edited by Ayambetul: Jun 28 2020, 01:27 PM

In terms of value , shah alam has the worst value. Except Kota kemuning that side.

The rest of shah alam has lousy value.

in other words, doing nothing with your money. in that case just pay to reduce loan nia la.

Come on
Multiple submission pew pew pew
Buy buy buy up up upppppppp

Seksyen 13 Tadisma?

thumbs up for your book keep.