Category: Basics – Property Investment
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Someone must have bought it earlier, else how could that someone be ‘rich’ today?
Someone told me that if someone bought a property in 2008, that someone would be rich today. He said that all these people were very lucky because they bought earlier. This is because the property price in 2008 is still much lower than today even though the property market has slowed since 2013. I thank…
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Home improvements? Here’s one good contractor in Penang.
Home Improvements? Electrical stuffs? Piping stuffs? Specifically for Penang, here’s my recommendation. I have personally used his services a couple of times and in brief, he’s direct, honest and professional. Direct is important because he will tell you all his charges well in advance and you make your decision before engaging him. Honest is super…
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Houses become unaffordable as salary remains flat
In an article in TheMalaysianReserve recently, This was what Real Estate and Housing Developers’ Association Malaysia (Rehda)’s president Datuk Seri Fateh Iskandar Mohamad Mansor said, “It is said that the maximum affordable price for a house in Malaysia is RM282,000. But the World Bank said Malaysia is one of the affordable places to own a…
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Buyer vs Owner. The winner gets a better deal.
As long as salaries are rising faster than home prices, the affordability of a property stays put or goes lower. This is the same for all countries, not just Malaysia. This is why everyone must keep transforming themselves so that they take higher responsibilities and thus higher pay. It’s very dangerous to keep repeating what…
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Fake news? I must write about it too, right? Property market ones.
I hate it when people reply me, ‘no harm in sending first, who knows it may be true?’ as soon as I tell them that the news they have just forwarded has been proven to be fake THREE years ago. There’s this article in TheStar by a writer called Dzof Azmi. I have to say that…
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Which is better for your property investment’s security? MRTA or MLTA?
Secure whatever we own, literally. Perhaps a lock or even a safe could do that for some valuables that we have. Protect what we have right from the beginning. As they say prevention is better than cure. Health is wealth, agree? Well, without investing a bit, it’s hard to protect our wealth if something happens…
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AFTER general election, the property market transactions to increase
We should always leave the predictions to property experts. So, who are the experts? Actually, most of us are property experts in our small way, especially those who stay in some not so popular areas. Haha. You would know exactly about new shop openings in your area. In fact when McDonald’s and a new bank…
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Low pay and property investment, how ironic!
Yesterday, I had dinner with a senior manager of a top developer in Malaysia. He told me that he intends to buy another property for potential capital appreciation. He already owns more than 2 properties, so it’s not that easy to buy another one but he is doing his best to ensure the bank approves…
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Are you waiting to buy a property? Me too.
Do you like property as an investment? I do. Do you believe over time, property prices are going up? I believe so. Are you waiting to buy your first property or the next property? Me too! Many times, property investment surveys start this way. Respondents also answer accordingly and thus the survey results would usually…