Author: Charles Tan
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Viewing without 10% downpayment ready? How interesting.
A real estate negotiator (REN) was ‘commenting’ on a buyer who she had just served. She indicated that the buyer should not view the unit because he (the buyer) does not have the 10 percent downpayment. What the buyer wanted was for the seller to agree to mark-up the pricing so that the bank will…
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When over 30 percent homeowners reduce selling price?
It is usually alarming when we read some property related article telling us that the homeowners are slashing their selling price just to sell. What if this is compounded by revelation that the total homeowners who are reducing their selling prices are over 30 percent of all sellers? According to property website Zoopla, UK homeowners…
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Q3 2018 – Malaysia’s new tallest building opens for business. 🙂
Do you believe that tall commercial buildings are usually completed when an economic downturn is coming? Personally, I do not believe such a prediction or study. I only believe that sometimes, it’s just plain unlucky that the tallest building was completed during an onset of a economic downturn. However, as long as the builder has…
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You also need to pay for stamp duty too, okay?
It’s hard to save the first 10 percent downpayment for that first property. Somehow, everything seemed attractive at the shopping mall right? Actually, that’s not all we need to save. I think people buying their first property do realise that besides just the downpayment and lawyers’ fee, we have to also pay the stamp duty.…
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Property Outlook in 2018? Sharing on 13th January 2018.
2017 is coming to an end. Has it been a good 12 months for you? If you have bought a good property in 2017, that’s great. If you are still waiting, the opportunity is still available because developers are competing against one another strongly. What would be some of the potential happenings in 2018? Would…
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Demand is definitely robust. Jobs, Banks, Developers and us.
Many months ago, a friend who’s working in the developer was asking me about the property market. He said that the conversion rate from people who dropped by the sales gallery is getting very low. It used to be far easier to close a sale. This was my answer then and this is still my…
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Be selective please because demand will always be selective
Location, location and location is the key to a property decision. Everyone knows this, I believe. However, the location, location, location in the right context is not about a certain place or neighbourhood. Maybe it is the location near to our working place, the location near to our children’s school and perhaps even the location…
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No limit what we can invest in. Another opportunity coming soon.
I bought my first set of commemorative coins just a few months back. I own one set. 100 years of significance Commemorative coins may be worth a lot in the future. Here’s10 coins which are already worth by far more than the price that the first owner paid for. Rarest and most valuable coins – UK,…
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Just EcoWorld or is the property market improving?
EcoWorld is a name known to virtually anyone looking to buy a property here in Malaysia. No surveys done, just a guess. It has just reported a set of encouraging results for the financial year ended 31st October 2017. Yes, this meant that its financial year would be 1st November to 31st October. Q1, Q2,…