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 Faber Condo's @ Taman Desa, Investment

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nomanisland
post Nov 3 2009, 03:12 PM

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Joined: Oct 2009
QUOTE(Phoeni_142 @ Sep 9 2009, 09:19 PM)
to be honest - the bank valued it at 123K, and I was fine with it.

when I looked at the valuation report, there were 2 other studios which were transacted within the last 12 months of my purchase.  One went for 120K, the other 145K.  In short, your 130K is not too bad a price.

I suspect your COCR was deflated by reno and legal costs, bro.  secondly, i think u were a bit too conservative in your assumption of a financing package.  U can easily get a ZEC package at less than 4%.

difference in your DP of 13K and mine of 12.3K won't make a material impact on the COCR equation.

update us on what happens, mate.
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Hi all,

Mind to share what's the rental in faber ria? i'm thinking to get low rise duplex 950 sqf @ 220k.
will i be able to rent it for RM 1,200 per month?

Cheers, thx heap

 

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