Condos and High-Rise
Mah Sing pays RM260 million for land within KLCC. How big is this piece?
Mah Sing pays RM260 million for land within KLCC. How big is this piece? Land is definitely the best real estate investment. One main reason?
Mah Sing pays RM260 million for land within KLCC. How big is this piece? Land is definitely the best real estate investment. One main reason?
Property Investment 101: Vacancy Tax – Scary or Necessary? What is Vacancy Tax? This is a tax on homeowners who owns a property but is
Most of everyone will NOT have RM240,000 in EPF when they retire. What about you? Never ending studies and research and it’s showing the same
Property Investment 101: 10 easier signs to look for when deciding on the property to buy If we intend to buy a property, what are
Property Investment 101: Investing into land is definitely the best lah. Only one SMALL issue… What’s the best type of real estate investment? To me,
No property ownership, lose the business. (If the business does well) Two units down to one unit because rental was increased This has happened again
When interest rate rises, the mortgage rates will rise in tandem. In other words, we will have to pay a higher amount every month. Then again, if seen from the longer term context, the current rates are very low. Take a look at the chart showing the interest rate movement for Malaysia across a longer period of time. We can see the rates are considered on the lower end for the past 10 years or so.
These days, there are many personal finance experts in the market. Some do video, some write and somehow for many of them, their advice is always to skip property investment. Erm… Let me tell you this fact yeah. If someone says they are a personal finance expert and are giving personal finance advice about all other investments except for property investment, then it’s important to note the numbers below which will without any doubt affect anyone without a property of their own.
This is why if we like to understand if people are living comfortably, do not look at just the average income and then converting that into some other currency (Like from SGD to RM) and then laughing at the country where the currency is weaker. The fact is that average income would include the income of a senior manager and a cleaner and averaging them both tells nothing about both of their lifestyle and comfort. So, our focus is median income.
When rates are cut, it means our Bank Negara Malaysia would like to encourage consumption, spending, investments into the economy. With lower rates, people would be tempted to buy a property, perhaps buy a new car, maybe start a business etc. In other words, lower interest rate could start a potential multiplier effect. The only reason why this could be needed is that there are signs that the economy is slowing down. Maybe the numbers have started to stagnate? Maybe the numbers are showing a slowing down of growth.
I was happily listening to YouTube music for free when an ad with a PAID video started and it was someone sharing why we should invest into the stock market and avoid property investment. He (the person in the video whom I do not know who) said property investment return is low and it’s also slow and thus when we think of property, it should just be for own stay purpose.
If the government allows you to convert your leasehold land to freehold, would you be rushing to the land office like right now? I am very sure many would be jumping with joy and quickly make the necessary arrangements (including preparing money for the conversion) and then quickly go and queue at the nearest land office, correct? Erm… not really. There was this ‘offer’ to convert but the landowners seem to be still taking their time to think if it’s worth doing it. The Menteri Besar is not too happy and has informed that this offer may not be extended yeah.