Usually, we will pay deposit when we intend to buy a particular property. This is so that no one else could buy that property and gives time for us to get our loan approved. It may not be 10% of the property price, sometimes just a couple of thousand ringgit. I do not think there … Read moreLosing deposit money of RM18.85 million, anyone?
Some time back, someone asked me about small sized homes. My view then and my view today remains the same. Buy within our affordability and buy the largest size possible for our money today. It may not yet be apparent but ‘bigger will always be further’ while ‘nearer means smaller.’ Don’t predict, just look at … Read moreWhen the size is just too small? Plus POLICY…
A good friend who earns HK$38,000 (RM20,287) in Hong Kong as a non managerial staff told me that it’s not possible to buy an apartment all by herself. In fact, it’s still not possible even after adding in her husband’s monthly salary. Their downpayment has to come with assistance from parents. Based on the salary, … Read moreCheapest home in most expensive city.
As much as I like to be positive about the Greater KL property market, we must still be wary of world happenings too. It’s uncommon for companies to use up all their cash reserves for operating expenses. The reason is because cash reserves enable the companies to have opportunities to take up sudden available opportunities, … Read moreHigher yields also mean higher risks
These days, the requirements to get a loan seems tougher than ever. Actually, is it because of the loan or is it because of the person? Banks need to lend, else they have no profits and could not even pay the interest on our fixed deposits. Okay, they could invest in many other stuffs but … Read moreEarning RM2,500 and buying a RM360,000 property? Possible?
It’s really pretty ‘impossible’ to buy a proper property in Hong Kong. This is because it is already the most expensive in the world and it seems that the price has no ceiling. This is the case even for someone who’s earning HK$38,000 (RM20,175) per month. My friend told me that even with her salary, … Read more100 square feet home? Potential solution for just RM60,000.
Forget all those perceptions of Malaysia’s relationship with China. Chinese companies still love Malaysia and will continue to invest here. As usual, the more investments coming into Malaysia, the more will be the demand for properties too. This is especially if the professionals employed in these companies are the highly skilled ones. Let’s understand that … Read moreRM10 billion investment into Malaysia within 10 years by CPCG
I love connectivity. With the PLUS highway, a trip to Penang from Sungai Buloh exit (330km trip) takes just 3 hours and 30 minutes or less. Seriouslah, at 110km per hour. (yes, yes, I have done much faster with a close friend) Last Friday I picked up my kids at 2pm, faced some jams when … Read moreSpending more money with connectivity
Young Malaysians going overseas for their degrees usually go to three main countries; Australia, the U.K. and the U.S. Normal students like myself would get a room as accommodation like the rest but there are the richer ones whose parents would get them a property instead. According to an Article in TheGuardian here, wealthy parents from outside … Read moreEducation will always be attractive for the property market
When I posted an article about Jack Ma’s retirement in my Facebook page yesterday, the number of reach was super-high. There were also comments and well, many did not believe that Jack Ma was about to retire. I too have my doubts but then again if one of the richest man in the world says … Read moreTime to retire just like Jack Ma? Wait a minute… not yet.