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Income level is more important than the property price. True?

Here’s a long article in NST which I think gives a very good idea about the property market versus the salary. Many prominent property people were also quoted. Read it here: ‘It’s more about income level, not pricing’  Let’s look at what Real Estate and Housing Developers’ Association Malaysia (Rehda) council member Datuk N. K. Tong … Read moreIncome level is more important than the property price. True?

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Lifestyle is not about spending more, it’s what we are comfortable with

This is not something I say yeah. Millennials most likely to post deceptive vacation photos to make social media followers jealous. Click here for the article.  However, it does reflect the current situation with most of the millennials I know. They will go overseas vacations every year without fail but has never visited Sabah / … Read moreLifestyle is not about spending more, it’s what we are comfortable with

40 years loan tenure? This is the BEST for the buyers?

SERIOUSLY, I am not sure if this is the best for buyers. I also wonder if there were consultations with working professionals like myself. Perhaps they have by far more professionals who has browsed through by far more data than me. Reported in TheEdgeMarkets.com article here,  Housing and Local Government Minister Zuraida Kamaruddin said, “Bank Negara Malaysia … Read more40 years loan tenure? This is the BEST for the buyers?

New taxes to pay debts; small kitten back to Asian tiger?

GST has been zerorized. People seems to be happy and we could see that car sales hit record levels. Earlier article here. Some car companies had to work around the clock to fulfill some of these requirements. SST has already started for slightly over one month. Well, there are debts beyond just the difference of … Read moreNew taxes to pay debts; small kitten back to Asian tiger?

10 reasons why we will fail to buy a property.

Not everyone loves to buy a property. Some (usually the younger ones) say vacations are better than a property. The former gives FEELING of happiness. The latter merely adds debt and worry of not being able to pay on time. Plus the fact that they can show off to their peers when they post those … Read more10 reasons why we will fail to buy a property.

Webinar with KC Lau: Discover the 4Ps to Success in Property Investment

Every time I meet KC (Founder of kclau.com), I always learn something new. KCLau.com is a premier personal finance site and this was started long time before people realised that blogs could become a powerful channel! In my last meeting with him just a few weeks ago, he asked if I would like to conduct … Read moreWebinar with KC Lau: Discover the 4Ps to Success in Property Investment

Serious matter yeah. Be financially savvy and do something. Else…

Let’s understand these two facts. 90% of rural households do not have any savings at all. For urban households, 86% have zero savings! This meant that only 14 percent of households in cities have savings. The full article in TheStar here: Sad Truth about Financial Standing. Within the article, it was pointed out that most Malaysians … Read moreSerious matter yeah. Be financially savvy and do something. Else…

Money is not the root of evil when we are really, really rich.

Remember that famous quote about money? “Money is the root of evil?” Frankly, I disagree. I think it’s more like “Human is capable of evil…” The richer we are, the more we could do, both bad and good. One day when we have RM77 billion, what would we do with it if we have three children? … Read moreMoney is not the root of evil when we are really, really rich.

Time to retire just like Jack Ma? Wait a minute… not yet.

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.

No loss of jobs even with HSR KL – SG postponement; over 100 specialists on SG side

In case everyone wants to know the direction of the property market, please look at the job market. This is the reason why property prices in cities are increasing because everyone’s looking for jobs in the cities instead of staying in the small towns and villages after they have graduated. When more jobs are being … Read moreNo loss of jobs even with HSR KL – SG postponement; over 100 specialists on SG side

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