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Day: July 25, 2024

distributor on a petrol station
EV and Cars

How many of us can afford to lose RM7.8 million per day?

This was an article about petrol subsidy rationalisation. Why do people from other countries love our petrol? (click to read) As a taxpayer, I hate it when strangers from other countries are benefiting from our subsidy and the government is spending tax money on further making others rich instead. Plus all the greedy station owners who chose to NOT to stop these purchases by foreigners who do not qualify to receive subsidies from our tax money.

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aerial shot of buildings
Property Singapore related

HDB flat sold at S$1.7 million! (RM5.91 million)

The Singaporean government builds majority of all the new homes in Singapore every year. This is done via the Housing Development Board (HDB). In fact most Singaporeans would stay in a HDB unit because it’s the most affordable property they could afford. Beyond that, there are private condos but those are very expensive and majority could not afford these units and definitely would prefer to buy a HDB unit instead.

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kid hiding on pillows
Scam News

Scam news: Scammers prey on our fear!

I seriously hope that more people will understand and recognise all the potential scams. We need to make it much harder for the scammers to scam one of us. It’s our hard earned money and should not be lost to some scammer who does nothing but cheats us of our money. Another victim has been scammed and she took out a personal loan to pay to the scammer.

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a woman signing a document beside a man
ABCs of Property Investment

Property Investment 101: Rental does not stay the same every year

Many people continue to tell me that renting is cheaper than buying. Their argument is very valid too. If they chose to buy, the price could be RM500,000 and they need to pay RM50,000 for downpayment too plus the monthly repayment is RM2,214 (image below). All these are much higher than if they just rent and the rental could be bwteen RM1,600 – RM1,800! Lots of savings, right?

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