'LIKE' us to expand your property portfolio

Do check out our Facebook Business Page: www.facebook.com/VulcanInternationalPage. Please 'LIKE' our page.

Malaysia Office: www.tinyurl.com/MalaysiaOffice | Our Motto: You Call, We Match

Tuesday, May 21, 2013

When to start to invest in property? Buy low sell high?

21-May-2013

With the current pre-launch by developers after GE13, the property market is expected to pick up. Concentration of bulk development will be in Penang, Selangor and Johor states.

Most developers start selling their properties even without APDL. It's at this stage purchaser will be having up front investment gain once the project start up. There're few loopholes that a purchaser might want to be aware of:

(1) Deposit payment is not suppose to paid to developer. Reason being they're yet to receive APDL. The way to go around to secure deposit from purchaser is going through developer's lawyer as stakeholder. At this stage till signing of SPA purchaser still could cancel the purchase.
(2) There might be soft launch by developer. The reason of doing these activities are to accomplish two things, (a) to break even by developer , (b) to gauge the reponse of purchasers on their projects.
(3) Since no APDL been issue yet, feedback from 2(b) developer might maximize its gain. To accomplish this developer might increase number of units per floor and/or increase few more floors. Caveat: This doesn't apply to all developers.
(4) Subsale before MOT might not be allowed depending on developers.
(5) Take note that RPGT for property that been sold less than 2 years is 15% and more than 2 years but less than 5 years is 10%.

This article been written by VULCAN INT'L Real Estate Research Institute(Penang iProperty) for VULCAN INTERNATIONAL Real Estate Investors Club.

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Back to Main Page: www.VulcanInternational.blogspot.com

2 comments:

  1. I am quit impressed by your 2nd point. It made me realize about the reality it is well enough to understand.

    The St. Regis Bal Harbour Resort | Harbour Resort

    ReplyDelete
  2. Between different countries, the purchase SOP might been regulated differently.

    ReplyDelete