QUOTE(looqsonline @ Jun 16 2008, 04:17 PM)
1.u want to buy and built for youjr own stay or buy build and sell? But putrajaya is hardly the place to build and sell a bungalow. but of course land prices there are cheap. again many factors come into play. Make your question more informative about what you want maybe i can give my opinion then.
ooo0o0o0 anyway love the idea. That's going to be my first project. buy bungalow land about 1 acre and build townhouses. Eying three pieces of land 1 in bangsar, 1 in old klang road and one in country heights rawang. Fast simple, small GDV small start up and also can put alot of my fancy ideas into work. all full steel structured. floor to ceiling glass paneling. then buy actual rainforest fully grown trees and plant around the place. o0o0o0o0 then hopefully can get achitectural recognition for that, then move to singapore and build modular offices sell it to some creative business in singapore. Get recognition for that then buiild a self contained mega city... muahahah ... tan sri RE!!
Yes there are but i leave all the number crunching to a few of my friends. But of course i share my comm with them la. Then along the way i learn abit here and there lor. Again when u say what is viable for corporate customer you need to know the customer only then u will know what is viable for them. question number 2 is to broad. For developers or maybe for a corporate client wanting to use for a certain number of years then maybe develop then. They all have different backgrounds thus have different needs and want different things.
Added on June 16, 2008, 4:21 pmI guess your of a more mature age more realistic. For me still young want to take risks and make it big. Hopefully i do soon before my fire dies out. Everyday i still dream about my first project.
ok la .. i on you .... happy ending i pay.
Added on June 16, 2008, 4:23 pmthanks for the heads up bro.
Thanks for the quick reply, future tan sri

!!!
A bit of background.
Land cannot sell for the next 20 years. So its going to be rental first, but ultimately sell later.
Its a 6000 sqft lot at Precint 11. Can get for about good price. Did some homework, construction costs/architect etc. about 800 - 900 k. Got enough capital to cover about 65% of the cost only. The rest to finance with the bank.
Basically, if I want to break even / get higher return than say put the money is FD, die-die must sell for 1.8 million. With all this recession and construction costs going up and up, think my budget a bit streched la..
Think its worth it? Whats the market like in Putrajaya? Heard rental / capital appreciate moderate only - because gomen staff got special deal for rental etc... and hardly any corporate demand there..
For question 2) yup, its a bit broad... is there a standard-ish calculations done?? Some rule of thumb for corporate maybe.. something like ROI but > x% after xyz years etc.