Condo sale price
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 May 1 2024, 09:29 AM
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#1
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Senior Member
2,834 posts Joined: Dec 2020  
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If we want to go really technical, you can add in an opportunity cost of fd interest if you had not bought anything and just saved your money passively. If this threshold is met then congratulations you had an actual property investment. If not, then it’s just poorperly. polarzbearz, woolei, and 3 others liked this post
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May 1 2024, 08:05 PM
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#2
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Senior Member
2,834 posts Joined: Dec 2020
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Fantastic work @polarzbearz. Love your initiative as a Research Analyst.
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May 2 2024, 06:43 AM
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#3
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Senior Member
2,834 posts Joined: Dec 2020
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QUOTE(tongyk @ May 1 2024, 11:45 PM) Where got ppl count like tat one. Not total installment amount is entirely ur cost. 12 yo property should make some money. Most likely above spa given the market at that point in time unless it’s a fail location. Any ok ok KV location would have made money.Your cost shall be just interest, RM145,600 interest + SPA price shall be ur cost. u r owing the property for 12 years and assuming this is renting from the bank. In the end of the day, based on cmv of ur property. Not u wanna sell how much then is how much. Otherwise, everything is just paper talks  |
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May 5 2024, 08:53 PM
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#4
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Senior Member
2,834 posts Joined: Dec 2020
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Everyone has assumed it’s 20k rental in the entire tenure but 20k per annum rent is quite feasible and would be a break even of his monthly interest repayment. It’s plausible given that it is 12 years old. Run the figures again with this assumption.
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