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Malaysian passport is NOT the most powerful in the world. Where are we?

As the District Director for Term 2023 – 2024 for District 51 Toastmasters International, I will be joining the District Leader Training and also the Annual Convention in The Bahamas. (yes, it’s The Bahamas because it’s a nation of many islands, just like The Philippines). I thought The Bahamas iswithin the U.S. and thus I do not need to apply for a visa because I already have the US visa. Then, when I searched, I realise The Bahamas is an independent country and my US visa does not apply. Then, when I checked further, I found that Malaysian passport holders do not need to apply for a visa. I am happy. I am ready to go.

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Press Releases (developers and more)

Tropicana Aman Celebrates 100% Take-Up For New Business Hub & New Property Gallery

Petaling Jaya (16 July 2023) – Tropicana Aman, the largest 863-acre township by Tropicana Corporation Berhad (“Tropicana”), celebrated 100% take-up for its new business hub, with the proposed name “Umara”. This 13.5-acre business hub in Kota Kemuning will offer 2 and 3-storey shop offices with a gross development value of RM264 mil, featuring built-ups from 3,360 sq ft to 8,133 sq ft, double volume ceilings and dual frontage for selected units. The 100 units on offer were snapped up before the business hub’s grand launch.

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Malaysia

REHDA: Increase in legal fees will burden the property buyers

I think this is a common thing right. We love that bowl of noodle X but we did not like it when the price is increased, again. We may stop eating it for a while but after a while we may accept it and continue eating it again unless if there’s a cheaper alternative. If there’s a cheaper alternative Y which is just as good, we would now continue that new alternative and will forget this expensive bowl of noodle X, right? Well, what happens if there’s no alternative then? Just one choice and the choice is compulsory? Yeah, that’s when acceptance is a given.

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Press Releases (developers and more)

Nexus Seremban 2: The New Center Of Attraction

Seremban 2 (S2) township, developed by IJM Land, has grown remarkably since 1995 garnering numerous prestigious awards. This growth has led to a surge in demand, not only for residential properties but also for commercial offerings within the self-contained township.  

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ABCs of Property Investment

Property Investment 101: Be ready to pay higher legal fee when we buy a property

If we intend to buy a property, we need to save some money every day, every week, every month and probably for a few years. While the aim is the first 10 percent downpayment, that is actually not enough. There are stamp duty to be paid (click here to read) and there is also the legal fees to be paid. Here’s a bad news for property buyers. The legal fee is increasing and it has already started to be in effect starting 15th July 2023. How much is the increase? There’s a nice infographic in Article in thestar.com.my

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a furnished kitchen
ABCs of Property Investment

Property Investment 101: 4 reasons I rent out my units fully furnished

Every time people asked me about buying a unit and renting it out, I will ask them many questions. Most of the time, they did not know that renting out the unit is really not as simple as just renting out the unit. Some examples? Daily rental? Monthly rental? Sub-divide the units for more rooms? Who’s the target market? Are they students? Private university students? Local university students? Are they office people? Are they foreign workers?

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interior of cozy living room with stylish sofa and decorations
ABCs of Property Investment

Property Investment 101: A buoyant property market is not necessary all rosy

During my sharing, I also mentioned this statement: “Property Investment 101: “Renting may be a trend but it’s forever, not just 30 years.” I reminded everyone that in many advanced countries, the lack of property is the cause of poverty. The reason is simple, people never could stop paying rental and it keeps coming month after month. Unfortunately the salary does not come month after month once we are no longer capable to work full time.

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Press Releases (developers and more)

Petaling Jaya Gets RM30 Million Public Infrastructure

Petaling Jaya, 6 July – Petaling Jaya Mayor Tuan Mohamad Azhan bin Md Amir, today officiated the opening of the 250-metre-long Sunway Serene bridge, the final milestone in the RM 30 million public upgrading works at Petaling Jaya undertaken by Sunway Property, alongside Sunway Group Founder and Chairman Tan Sri Dato’ Seri Dr. Jeffrey Cheah.

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Press Releases (developers and more)

Press Release: Malton, Alliance Bank MOU to Promote Green-Certified Homeownership

Malton Berhad (Malton or Group) today signed a Memorandum of Understanding (MOU) with Alliance Bank (M) Bhd, in a move that will benefit homebuyers of River Park, a green-certified project. The Green Mortgage Financing Package is the bank’s innovative offering to encourage and support the development of sustainable communities, as outlined in the Government’s 12th Malaysia Plan. The sustainable financing option features lower interest rates and a faster turnaround time for end-financing. The immediate beneficiaries of this collaboration will be the homebuyers of the newly-launched River Park, Bangsar South in Kuala Lumpur.

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turned on flat screen smart television ahead
ABCs of Personal Finance

Personal Finance 101: Buying a new TV? Is Google TV and Android TV the same?

This coming Saturday (15th July 2023), I will be getting the keys to my first landed property home.I say home because this is for my own stay and not as an investment. I bought my first own stay property in 2003 and it is now 2023. That’s 20 years and this is also my 5th home. So, on average I move every 4 years. 🙂 I will need a new tv for my new home, so I was out searching for it and I found this friendly sales person in Aeon Big Kepong. He explained to me in very a very thorough manner. Do go to the TV section and I think he will be there to explain to you as well.

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white paper on a vintage typewriter
BNM and Economy

OPR is maintained at 3 pct because of a few valid reasons

Until today, I still have friends who continue to think the Malaysian economy is collapsing soon. I wonder what would they really do if that happens. Get an opportunity to buy great assets at super low prices? Property in a popular neighbourhood at the price of a not popular neighbourhood? (yeah, sure…)

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pexels-photo-11952741.jpeg
ABCs of Personal Finance

Personal Finance 101: I buy EV so that I save money. True?

Just these three would allow savings of close to RM20,000 per year!! Now, this is what I call savings. Then again there are friends who told me that when they buy an Electric Vehicle (EV), they are saving money. Please allow me to smile first. Okay, now we look at the photo below:

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