Category: Basics – Property Investment
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“Investing should be as exciting as watching grass grow.”
If we understand how businesses operate, we will have to note that they will release their results at the earliest every quarter. Even listed companies will have their accounts audited and reported on an annual basis for all their investors and the public. In other words, it should be highly unlikely that we invest today…
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Millennials? Much harder to buy a property compared to baby boomers. (what about Gen-X?)
Do you find it harder to buy a property? I think from the title itself, it’s clear that it’s also something which many of my friends, the millennials are complaining.They are saying that their salaries have not been rising as fast as how property prices have been rising. Thus, there’s that thinking that perhaps there…
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Jobs, Jobs and Jobs. That’s the foundation to our investments.
Anyone intending to buy a property will need to get a loan. Well, nearly everyone except a buyer for one my condos who paid for it by cash. Thus, the process was a breeze and the keys were handed over within 30 days. The new owner is still staying there happily. She did not need…
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Property prices up because of the Prime Minister effect? Wow.
Let’s understand a bit before starting this article. Boris Johnson is the current UK Prime Minister (PM). He has been the PM since 24 July 2019. That’s about 6 months now. Halifax is a division of Bank of Scotland. Bank of Scotland is part of Llyods Banking Group. Llyods banking group is meanwhile a top…
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What’s the Base Rate for the loans I am about to apply?
If you are about to apply for a home loan, I think this information is useful for you. Take a look at the banks with a lower indicative effective lending rate and that monthly instalment may just be lower versus those banks with a higher indicative effective lending rate. Note, I say ‘may’ because the…
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CAN’T predict the market but CAN give facts about… Kuala Lumpur.
Before you continue to ask me why I am always so supportive of the Malaysian property market or whether there’s something wrong with me, well let’s get this straightened out first. Sorry, I am not saying we should simply buy any property in Malaysia or even within Kuala Lumpur yeah. Whether it’s a booming market…
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What happens when your rental unit is damaged by fire?
Many of us may have bought a place of a few hundred thousand ringgit and rented it out for a few thousand ringgit every month. Ever wondered what happens if the unit was damaged by fire? I was also wondering about this topic when my good friend who’s a down-to-earth and knowledgeable lawyer Alfred Chong…
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Remember the lessons from the Golden Goose story?
If you do not know this story, it’s okay. You can read a very short one here. In brief, a poor farmer and his wife saved money slowly and one day he has enough for a goose. He hopes the goose will lay him eggs which he could then sell in the market. The next…
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Land price going higher, home price going higher, right?
Do we believe property prices are going up because developers had to pay ever higher prices for the land which the development is to be built? I do not think so but my opinion does not matter. Let’s look at some numbers. The below is a very clear image showing how land price increase seem…
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Maybe even lower home loan rates and lower fixed deposit rates this year.
It was a surprise for many when Bank Negara Malaysia (BNM) reduced the Overnight Policy Rate (OPR) recently. Article here: Yeah, lower mortgage rates, Oops, lower FD rates too It’s loved by many home buyers and yet it’s not a good news at all for those with lots of fixed deposits (FD in banks. While…