Category: Basics – Property Investment
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You pay now… or we will seize your assets!
Actually, I have written about this a few times but I think it’s worth giving everyone another ‘scare.’ I meant well. We do not want those people who continue to think that there would be no enforcement anyway. This is Malaysia? Wrong. It has been happening and it will now continue to happen. Failure to…
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Important. Stay INVESTED, regardless of economic situation.
Nope, the advice in the title did not come from me even if I agree wholeheartedly. Before we read the person comment in full, let’s assume the economy is now doing extremely well and we have many investments which is now in positive territory. So, do we sell everything to take all the profits and…
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Multiple applications to maximise future money? Lots of money!
Remember those days when credit cards were easy to apply for but after spending the future money, it’s suddenly very hard to escape? You see. RM5,000 in income meant that you could get a credit card with a limit of say RM10,000. Imagine getting just 6 banks to approve your credit cards at the same…
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Improving property market? Unwanted properties still unwanted? Asking prices trend?
Earlier article showing that transactions wise, we may have turned the corner for the second year in 2019. Property transactions are still going up However, not many I spoke to actually has read about this positive development apart from the usual prices too high, market very slow and economy already in trouble. Haha. About the…
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Just 3 workers and 14 days to build a 6,088 sq ft building. Serious!
How many workers do we need to build a home for a family? Say a 20 x 70 terrace house? Well, what about a building of 6,088 square feet? What about cranes and other construction machines? Probably, the better question to ask before we get a good answer is how long would the given duration…
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Property prices. Rising too fast is bad for banks. (and owners too…unless)
If the property we bought for RM500,000 a few years ago is sold today and that new buyer is willing to pay RM600,000 for it, would the bank be willing to provide a 90% loan for this property based on a RM600,000 value? Or do you think the bank will prefer to use a lower…
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Foreign buyers and local buyers get the same protection. Great point yeah.
Actually, these days I do not try and convince anyone who thinks that there are better property markets outside Malaysia. In fact, I welcome them to proceed with whatever they believe is the best. I get no commission if they buy any property in Malaysia and it’s their money yeah. The usual debate is about…
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Property Malaysia severely unaffordable, still? What’s the action then?
“Ringgit Malaysia is really not good,” a friend was lamenting many weeks back. The major reason? That smartphone model is now launched at EVER higher price than the price for its previous model last year. “Property prices are beyond the reach of most Malaysians,” many friends continue to give this comment every now and then.…
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Auction properties. Opportunities abound but lots of competition from primary and secondary market too.
My views were featured on the main page of The Malaysian Reserve last week. “Auctioning homes getting tougher in a tepid market.” Briefly, it tells of how people could find good opportunities in the auction market because the demand for auction properties have also weakened. However, at the same time, the competition for buyers from…
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First time buyer? Deciding on own stay or home-stay?
I do not want you to get rich FAST from property investment. Heard of the higher returns equal to higher risks line? As a licensed auctioneer looking at the auction market, I realise that there has been many cases where a few properties within the same development belonging to the same buyer which was being…