Category: Basics – Property Investment
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RM4,000 is equivalent to an extra RM70,000 worth of ‘property’
Buying a property with our own money, that’s most important. Our own money should usually come from savings over a couple of years. It can come from our parents too but should not be from some other speculative sources. This ensures the property price do not rise suddenly. When property prices rises too fast and…
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Rental housing for B40 under Residential REIT by Rehda
Without a property, it’s usually poverty when one retires because by then, the income has stopped and yet one still has to pay for monthly rental. However, it is equally important to note that the downpayment is a huge issue and many times, rental is the only option a household may have at this point…
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When everyone wants the property price to increase.
If we own a home which we are staying in, the main thing we are worried would be the maintenance part. We want to make it a comfortable one for the family. Water pipings and electrical wirings must been tip-top condition. Price appreciation will then come naturally, over many years of following the inflation rate…
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How could property prices be rising forever? My three wishes.
Someone read ONE (1) article and Whatsapped me this question. “How could property prices be rising forever?” I am not sure where did I ever imply that property prices will be rising forever in the article but then again, let me tell everyone what’s my actual wish for property prices. I have just 3 wishes,…
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Price to drop? Yes, if we sell lower than the price we bought.
We bought a new smartphone 6 months ago for RM1,600. Today, a new model is launched and is also priced at RM1,600. We fell in love with the new model and wants to get one to be ahead of everyone else. (I do not encourage this yeah.) When we sell our 6-month old smartphone, we…
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Income has to catch up because prices will not fall
When it comes to Personal Finance, it’s down to PERSONAL issues. It is usually not determined by Budget 2019 or the government. For example, I wish my job is easier. However, at the same time, I wish my salary is also higher. Briefly, when someone in a cheaper cost country could do what we do…
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RPGT of a few hundred thousand? Here’s how you calculate.
Many are worried that they will be taxed lots of money when they sell their property in the near future. After all, 5% Real Property Gains Tax (RPGT) is now applicable even if we sell the property only the end of 5 years. Assuming we sell a property for RM2,000,000 today, the 5% RPGT means…
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When prices rise double the income for 5 years?
Briefly, the property bubble will burst when the market could no longer provide support to the property price. The support we are talking about here refers to people’s income. If we earn way too little versus way too high property prices, of course we are not able to support the prices. To explain very briefly…
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RPGT is positive; raises revenue without taxing lower-income group
That 5% in RPGT announced in Budget 2019? Okay, most of my friends with properties said that it’s not good for them. One said, “Now I have to pay a few hundred thousand ringgit in tax?!” I laughed and said NO you will not. This is real property gains tax. So, even for a RM400,000…