Category: Kuala Lumpur / Selangor Props
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My ‘forced’ savings worked for me. What about for you?
In 2003 (yes, 17 years ago), my wife and I jointly purchased our my first property. It was an apartment of 730 sq ft. The name of the apartment was Villa Kejora in Relau, Penang. From the balcony, if I stretch my head out a bit and look a bit further, I could view the…
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Too early to know if property price will be falling
If we bought a property for RM500,000 a few years ago, we are certainly not going to sell the property for lower than RM500,000 today. UNLESS if we lost our job and we are certain that we could not find a new employment before we ran out of money. In that case, we may sell…
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the KopiTalk #1: Let’s talk about Economic Recovery Plan (ERP)
Update. The FB Live Session is as below. Just scroll to 3rd minute to start watching and learning from Sr. Michael Geh, FIABCI President (Malaysian Chapter) Happy watching! Prime Minister Tan Sri Muhyiddin Yassin will be unveiling the Economic Recovery Plan (ERP) / Pelan Pemulihan Ekonomi on 5th June 2020 at 3pm. We have yet to know…
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Just because the buyer may not know does not mean developer can do anything they want
First of all, if you are a foreigner buying Malaysian property, the protection you get is the SAME as any Malaysian purchasing a property locally. As for the protection, please read on yeah. Did you know that as a buyer, you are protected IF the developer tries something illegal? As long as what they were…
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RM800k condo. RM2,000 rental. Even recovery cannot save you.
The amount does not represent any particular condo yeah. Just an example after I was asked by an acquaintance if he should proceed with the purchase of a condo in a ‘hot’ area. He told me that the rental cannot cover the mortgage payment currently because of current negative situation. However, when the property market…
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Home Ownership Campaign (HOC) SHOULD be OTW back…
It’s been reported in the major medias. I have received a few same messages of the news. Well, just need to wait till next week to know for sure. What can Home Ownership Campaign (HOC) do IF I have no money to buy a property. Actually, we are not in a financial crisis. Many kept…
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Fancy going to the new Genting theme park when it opens?
When was your last drive up the hills for a relaxing shopping trip at the Genting Highlands Premium Oulet? Or drive up all the way to the Genting Highland Resorts and then taking the cable car down to do your shopping instead. Then have dinner at the many F&B choices in SkyAvenue? Whether it’s that…
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It’s not the price. It’s the motivation.
People continue to tell me that property prices are coming down. I pointed out to them that property prices as in the listing in property sites or property prices as in actual transaction? Many look at me blankly… Many times, we fail to distinguish between perception (when everyone is viralling some news) and the reality…
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Making Sense and Cents about COVID-19 with Michael and Miichael. Do not miss this show.
Logically, we should be as fearful to COVID-19 versus the influenza which kills over 600,000 people every year. However, we are today too pre-occupied with COVID-19 and in fact has continued to think of many new norms which we believe will be around until COVID-19 vaccines are found and starts manufacturing. Let’s listen and learn…