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Penang properties – Tanjung Tokong

I stayed for a few years in Tanjung Bungah when I was still working in Menara Boustead ( formerly PSCI). I stayed in Leader Garden. In fact that was the very first time I stayed in a condo because before that, I used to rent a room along the huge houses in Barrack Road. I … Read morePenang properties – Tanjung Tokong

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Renovation gets higher returns?

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?

What is considered reasonable property price?

There are quite a lot of answers but typically, if the property price is 4-5 times of the typical annual income, then it is considered reasonable. For example, if you earn RM5,000 per month x 12 months = RM60,000. A reasonable property price to you would be RM300,000 at max. Many of my younger friends … Read moreWhat is considered reasonable property price?

Dont buy leasehold property

I have to be honest, if prices are exactly the same and the location is the same, I would take freehold anytime. However, if you noticed, leasehold properties are typically cheaper. Perhaps 15-20% cheaper sometimes. Most of the time, the leasehold properties are also in good areas. As an example, Kelana Jaya. A friend buying … Read moreDont buy leasehold property

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