The thing about investment is this. We invest and we wait for that investment to appreciate. Assuming we bought a home for own-stay of RM500,000 with a downpayment of RM50,000 and it has appreciated by RM50,000 after 5 years. The return based on a simple calculation would be 100 percent. RM50,000 downpayment and RM50,000 returns. … Read moreIf you do not sell, you do not lose money, yet. (better buy low though…)
Earlier article here: Penang island? Which one? Yes, I am pro-development because the underlying reason for these three islands would be for land. The land could then be sold and the money will be used by Penang for its own Penang Transport Master Plan. No, I do not support destroying the environment just to do … Read moreFollow 18 points first, approval is soonest possible, later. Penang’s PSR.
Nope, I do not wish to remind everyone again that the bank loves to lend money to home buyers. They are, seriously. Else, where are their profits coming from? They just want to ensure that money’s going to be repaid. There’s nothing wrong with these conservative measures. Earlier we read about CIMB announcing that they … Read moreHere’s RM50 billion housing loans for the next 3 years. Grab it.
I have many old friends who told me that the best time to buy a property is when the property market crashes. I asked what’s the price they will buy, none could give an answer. Instead the best answer is as low as it gets. Guys, there’s no such thing as ‘as low as it … Read moreSeriously, when is the BEST time to buy a property? Let me share 10 BEST times, soon.
Every time I tell people that Kuala Lumpur properties are still considered cheap, they will look at me. Actually, we are, even if compared to other nations in ASEAN, especially the few where US$ is used widely. In fact many are attracting too much foreign buyers and I am not sure how sustainable is this … Read moreOh dear, Kuala Lumpur property among cheapest globally. 🙂
This should be the ‘MOST EXPENSIVE’ news for 2019. RM140 billion news. They say, the most important thing about a great development is location, location and location. I say, it’s to actually have a viable plan and start. Truth is, anyone thinks Bangsar South would become a hotspot like today before it was Bangsar South? … Read morePay RM500 million in 60 days. RM140 Billion GDV project restarts.
A reader, S.C. wrote in with this message. “Hi, I read your article on investing in Melaka and its very interesting. I am from Penang basically and would like to know about your thoughts in investing in other states. Is it manageable and what are the things we need to know before we jump into … Read moreInvesting out of the city you live in.
I need to pen this down because I know I will refer back to it many years later. I disagree with companies which keep getting ever more money from investors simply because they are ‘tech-related’ and thus deserves to focus on GROWTH instead of profits. The unfortunate thing about growth here is that the growth … Read moreDisruptive with huge losses? Not for me.
There are developers who put their projects for sale in some online shopping sites these days. Lazada or Shopee for example. Before everyone gets very excited about it, actually, they (developers) have been putting up their projects for sale for a very long time, online. You see, most developers will launch their projects together with … Read moreSelling homes online? It’s great for Awareness, really.
Three reasons why we should pay a visit to the upcoming Klang Valley Home Ownership Campaign – Malaysia Property Expo 2019 (HOC-MAPEX) organised by the Real Estate and Housing Developers’ Association (Rehda) Malaysia. Article in theedgemarkets.com here #1 – CHOICES. This is where 72 private developers (Yes 72…, not 27…) including S P Setia Bhd, … Read more3 major reasons to visit the HOC-MAPEX in Mid Valley (26-28 April)