A senior manager with a property developer was speaking to me the other day. He told me that these days customers are taking ever longer time before buying. Similar views as his have been shared to me by many real estate negotiators (REN) as well. When I asked if the number of people visiting the … Read moreIt’s ALSO the ‘last-mile’ closure, not just more leads
Anyone buying a property for own-stay is actually starting their property investment journey. The question is only if they continue buying the second, third and so on. When we embark on this property investment journey, 4 things will affect how we decide. First up, demand comes from population which brings us to the first point; … Read moreMaking sense with properties near MRT by looking at the 4Ps (People, Price, Policy and Preference)
A good friend was buying a home for the very first time, after many rounds of discussion with me. Well, at least 3 mamak sessions. His wife is a medical officer and I would think must be the one who’s also pressuring him. Haha. Speaking of loan applications, he applied for three banks and all … Read moreBuying a home? Here’s where you know all your COSTS.
Home Improvements? Electrical stuffs? Piping stuffs? Specifically for Penang, here’s my recommendation. I have personally used his services a couple of times and in brief, he’s direct, honest and professional. Direct is important because he will tell you all his charges well in advance and you make your decision before engaging him. Honest is super … Read moreHome improvements? Here’s one good contractor in Penang.
I bought Renesial’s book ‘Property Jewel’ when I was deciding whether to rent or to sell my apartment in 2004. I can consider the book as a catalyst to my property investment journey thus far. I always believe that when it comes to property investment, there is no time for us to ‘experiment.’ It’s also … Read moreInvesting for our property investment success. Learning from Asia’s Property Queen.
Should we feel lucky if we are not a top property destination in the world? I would but many who are working to push our property market out to the world may disagree. Anyway, to people without a property yet, I think it is a good news if our property market is not eyed by … Read moreThe countries where Chinese love to buy the most. Property.
Message from MNP Auctioneers (Central) Sdn Bhd. We would like to invite you to mark an important date in your smartphone now. This is for the 7th Auction of Malaysian banknotes on 10th March 2018 (Saturday) in Sasana Kijang, Bank Negara Malaysia in KL. Yes, the most anticipated banknote auction in Malaysia is back. We … Read more7th Auction of Malaysian Banknotes @ 10th March, Sasana Kijang.
I think only one person sent to me the Bank Negara’s recent Overnight Policy Rate hike of 0.25 percent. Perhaps this is because it is not that significant? Depending on the loan amount, 0.25 percent may not be significant actually. Based on a RM400k loan with everything the same and an adjustment of 0.25 percent upwards, … Read moreWorrying about the recent Overnight Policy Rate increase? (What’s that?)
My team-mate and I had a meeting with an affordable housing developer in Penang recently. On the way up the developer’s office which was in Tamarins House, I saw Scoopoint (social collaborative opportunities), a co-working office which I read about in Facebook many months back. After the meeting with the developer ended, I went down … Read moreCo-working is working, really. Will work even better in future.
18 percent returns per yearly. Sounds too good to be true? Actually, based on the current interest rates even for Malaysia, 18 percent per annum is still considered extremely high. If I am the owner of any banks here in Malaysia and such an investment is true, I would just invest all the savings from … Read moreOperating since 2014 and duping hundreds of ‘investors’