Passive income. If you buy a good property for RM250K to RM300K today, typically you can rent out for RM1,100-RM1,300. Depending on how old you are, this is sufficient to cover your mortgage and gives you a yield which is equivalent to FD, at worst. If I can, I would like to continue buying to … Read moreProperty investment – back to basics
After reading through so many articles, especially The Edge which their last issues focus was on how tough 2014 may become, I was a little affected. However, I found many good news too. It seems that in November in Singapore, 95% of whatever was newly launched was SOLD! It mentioned a few points which I … Read moreMy 2014 wish for property market
With the whole Malaysia property transactions going down except for Iskandar as at November 2013, what may happen to the new launches next year? I read comments by DTZ Nawawi Tie Leung executive director Brian Koh in The Star. He said, ‘Developers are likely to launch less projects, downgrade specifications, reduce sizing, squeeze on construction costs, and … Read moreNew project launches in 2014 – what may happen?
This is a very new cafe. Just opened one week ago. I think this is the first time ever that I have visited such a newly opened cafe. Ipoh really do have an ever growing cafe culture. There’s even a horse at the entrance to the cafe. Please, don’t climb up the horse.It was around … Read moreBen & Lynette, Ipoh
It was my sister’s birthday and since all of us were home in Ipoh, we decided to visit a good cafe. It should be a cafe that none of us had visited before. We chose Patisserie Boutique. This cafe is right behind/next to Plan B, Ipoh. I am not sure if the guy who welcomed … Read morePatisserie Boutique, Ipoh
According to a report by Credit Suisse Global Wealth Report, the typical average wealth per adult in Singapore is US$282,000 and this includes a person’s home, if he owns it. In other words, if the house is still under mortgage loan, then it is not included. This is an amazing number and it came to the … Read more174,000 millionaires in Singapore
I read in The Star today about some developers feeling the heat from all the cooling measures undertaken by the government. I seriously believe if their product is the right one for the mass market, there is nothing to fear. Whatever cooling measures undertaken is to ensure the property bubble does not happen and there … Read moreDevelopers feeling the heat?
Recently, a friend said that she does not mind buying a house with little renovations because if she were to renovate it would probably be just the kitchen anyway. This brought me back to what I am looking for when I look for properties. If it is for my own stay, the renovation MUST meet … Read moreRenovation gets higher returns?
Nearly forgotten about this very important step that everyone must have no matter how successful you are in the corporate world or how rich you are from property investment. Protect your wealth from sudden annihilation. There are many circumstances out of our control, that is for sure. However, if we are responsible, we must and … Read moreProtect your wealth, always
Recently, I have written about some white coffee in Ipoh. They are above average but not within my top 5 list. Today, I bring to you one which is really within my top 5 list. I feel that any restaurant worth visiting in Ipoh MUST have good white coffee served. This is the same like … Read moreXin Xiang Er Nong, Ipoh