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Buying a property over RM550K, relaxed and easy

When I bought my first property just before I got married, my wife and I calculated and recalculated and one final calculation before we decided to go ahead and buy our first apartment, jointly. When I bought my second property which is a condo, my wife and I calculated and decided not to buy and … Read moreBuying a property over RM550K, relaxed and easy

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Penang Property market – around RM250K

When it comes to the Pearl of the Orient, Penang, many people have their opinions on affordable property. Some say affordable property is below RM400,000.  Some say, nothing more than RM250,000. Today, let us look at properties available to you if you can only afford a property in Penang of just Rm250,000. For an easier … Read morePenang Property market – around RM250K

3% Levy on Penang Property

Personally, I agree to the additional 3% levy. The additional levy would allow the state government to have additional income and may use the surplus for affordable properties in Penang. It is not an easy task to build affordable properties. Land prices has shot up tremendously for many years and in the word of Dato … Read more3% Levy on Penang Property

Landed vs Condo II

Someone who read my article said, ‘The maintenance fee in condo is the negative part’. Truth is, I also feel the pinch because if you stay in the typical landed property, there is no maintenance fee to be paid. I admit, on average I have used the gym just once per month last year. I … Read moreLanded vs Condo II

Property Buying – Too Far, Too Expensive and Too Soon

Too Far – Unless you buy in a place without roads, it is very hard to find a ‘too far’ place for property. Even property developers would never build in places whereby it’s impossible to access. Think about it. Many years ago, Mon’t Kiara was nothing more than just……. nothing. Sunway was nothing but mines, … Read moreProperty Buying – Too Far, Too Expensive and Too Soon

New Engineer, New Penang Property?

Penang is one of the best place to be for graduates of engineering, with two conditions. You get a good degree and you get into a good organisation. In terms of pay, it’s very competitive and typically your salary from one organisation to the next varies little. If you are able to enter a good … Read moreNew Engineer, New Penang Property?

Buying property in KL for investment

Many years ago, whenever I come to KL to visit my friends or shop around, I will stay in my friend’s rented condo in Kelana Jaya. The condo’s name is Kelana Puteri. It’s a medium cost, leasehold, high density condominium. At that time though I have never felt the ‘medium cost’ because I was only … Read moreBuying property in KL for investment

Rent or Buy – Penang Property

My close friend asked me today. Should she buy a property if she intend to work for only a few years in Penang. I asked her, what’s her rental and she said RM800. It’s not a lot but RM800 x 12 x 5 years = RM48,000.  If I ask you to give RM48,000 away, you … Read moreRent or Buy – Penang Property

Affordability, Availability vs Salary

What kind of property can a couple with a household net income of RM8,000 buy today in Penang? My assumption is simple, both are working adults with 5 years experience. Wife is a manager and husband is a senior engineer. 🙂   Who says man must earn more than his wife? We also assume both … Read moreAffordability, Availability vs Salary

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