Category: Basics – Property Investment
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New home? Water… serious issue. Plus a few more key checking points too.
I wrote this article some time back. The To-Do list for inspecting your new home (click to read) An experienced real estate negotiator (click here to know him) read it and added a few more important points. I do think all are logical and easy to follow tips. Please do read what he suggested and…
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Why do we need a Residential Tenancy Act?
Did you know that everyone may be signing a totally different tenancy agreement today when we rent a home? Depending on negotiation power, the agreement may be extremely lopsided to the owner (most of the time) or the tenant (sometimes). If we have a Residential Tenancy Act, then there is no need for anyone to…
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Warning. You rent it out or We will rent it out.
Barcelona is forcing the landlords to find tenants. Else the property will be redeployed as affordable housing. Rental versus good rental If you own a property, would you want to rent it out at a good monthly rental? I am sure you would love to. Then, why are there some people who are not willing…
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No. No longer just ant vs grasshopper story
The Ant and the Grasshopper. If you like to know what’s the ant and grasshopper story, this is the story of the hardworking ant and the lazy grasshopper. The ant works hard everyday, saving up food for the coming winter. Grasshopper did not because food was still aplenty. When winter arrives, the ant has enough…
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THINK. How fast could we settle our loan? How?
This is the KopiTalk #14 and it’s all about home loans. Ever wondered what happens to the home loan at the end of your 35 year repayment? No prizes for guessing. The total amount would have been a few times bigger than the initial amount you signed for. Well, what could we do about it?…
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Astonishing? Record property transactions after lockdown.
I remember that the first time my wife was able to drive out by herself to the supermarket, she bought many things. I meant, MANY things. Well, the Movement Control Order (MCO) has caused some changes in her. Fortunately, it’s just groceries. In some countries, it’s called revenge buying and it may not be groceries.…
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Buyer must BE AWARE too, else no one can save them when things go wrong.
My views were featured in an article in FreeMalaysiaToday.com recently. These days, cashbacks are becoming a huge issue because this is one way to entice potential homebuyers. What has happened for some buyers is that they chose the one wish the most cashback as their top choice. Sigh… guess what happens if the whole development,…
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Own a unit and left it empty? Some countries have VACANCY TAX.
Some time back, I wrote about this: If you leave it empty, I will charge / tax you. Briefly; vacancy tax potential for people who have units which were left empty. Well, it has not happened yet and may not happen so soon but if it happens, this is not just for Malaysia yeah. This…
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Distortion of property values when prices are artificially inflated.
There was one recent article which talked about distortion of property values. It was about cashback and The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong says that those who inflate prices to make cashback offers aimed at enticing homebuyers must be closely monitored…
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FIRE Up our personal finance journey. Just do not forget property.
F.I.R.E is a very famous term for personal finance journey which I guess all personal finance writers would write about. It says Financial Independence and Retire Early. (FIRE) Personal finance journey is meanwhile an even larger topic and is usually very different for everyone. By the way Financial Independence and Debt free are two different…
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Oh dear, 18 levels of car park. What the …
Do you love to drive up 18-levels of car park before reaching your home somewhere in greater KL / Selangor? When we write something interesting, surely the follow up comments will also be interesting and this time, it’s factual too. I wrote this article recently about that possibility to buy just one acre of land…