Category: Basics – Property Investment
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Finding it hard to sell your property? You are not alone
It is not easy to sell your property today, many say. I think they are wrong. We had over 75,000 residential property transactions within H1 2020 alone. Surely many are still selling and many are still buying and banks are still lending too. However, it is NOT easy to sell at the price we wanted.…
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When funds are looking for value buys, what should we do?
Are there property value buys today? A good friend had teh tarik with me yesterday evening. Full social distancing yeah. He said his friend was telling him that the property auction market is now extremely attractive. I told him just within H1 2020, there were over 75,000 residential property transactions. People were already in the…
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5 Steps to Start your Property Investment adventure
This article will outline 5 steps to start your property investment adventure. Buying that first property is always the hardest. I bought my first apartment of 700 sq ft in 2003. Then, I decided to upgrade into a 80% bigger sized place; 1,258 sq ft. This was when I decided to buy my first condo…
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7 advantages of buying in a slow market
Buying in a slow market is always good, not just for property yeah. Can be any goods and services. It’s usually the most expensive during the best times too. I still remember this senior marketing manager in Penang who told me many years ago during the booming years. “Charles, people will laugh at me if…
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Stamp Duty and other costs to buy a home of RM500,000. So much?
Budget 2021 seems to be focused on first-time home buyers. Now, they have stamp duty exemption until 2025. When we buy a property, it is not just the property price which we need to worry about. A RM500,000 home is not just the RM50,000 downpayment which we needed to save like crazy to achieve. As…
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Household income group Malaysia and how much one should pay for a property
Do we know about the household income group Malaysia chart? That latest one? The latest one based on data from Department of Statistics Malaysia. Instead of just B40, M40 and T20, we now have a total of 10 categories with median income as well as the income range. Do not be too carried away with…
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Best time to buy a property – when yeah? 2025?
Always that first question asked by many of my good friends. “When is the best time to buy a property?” If they are good friends, my answer is usually quite a long one. If they are acquaintances, I would usually tell them that the answer to the best time to buy a property is that…
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You want FIRE? How much is needed to achieve FIRE? RM1x,xxx,xxx?
Financial Independence, Retire early a.k.a FIRE. Do you want FIRE? Not common during my time (haha) You want FIRE? You must be younger than me today. This is quite a new concept because people of my generation or even my parents generation are not well known to think about retiring at 40. I am 43…
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How much interest do we pay for a RM500,000 home? Too much?
Ever wondered how much interest do we pay for a RM500,000 home at the end of the loan tenure? Remember many people shared that the interest we pay could even be more than the loan amount we took? Well, those were the days when the interest rates were much higher. Specifically, if it’s a RM500,000…
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Investing in Property with Charles, kopiandproperty.my
Investing in Property with Charles. Simple title yet I was asked many questions especially related to millennials too. By the way, no selling yeah. Just personal opinion which I think may just be applicable to many working professionals here in Malaysia. I have found property investment to be rewarding but a point to note is…