Category: Basics – Property Investment
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Selling your home faster? Some tips. (Updated) – Usable for RENs too.
It’s not the best time to sell a property, especially a secondary one. A real estate negotiator just told me that owners are taking forever to sell. Well, whether we are selling because we need the money to upgrade to a bigger home or we are selling because we are scared the market will crash,…
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New Chinese primary schools? Definitely a plus.
A good friend moved from her previous home (not so awesome area) to her current home in Sri Damansara about 1.5 years ago. She wanted to ensure that her kids get to enroll in the nearby Chinese primary school which is just 1km away. Registrations are always based on distance of home to school. The…
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Starting the property investment journey right
I started my property investment journey in 2005, 2 years after buying my first home. I personally believe property investment journey starts from property number 2 onwards. My second property was technically an upgrade and thus I was able to change from a smaller apartment of 730 sq ft to a condo of 1,258 sq…
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Property investment is not sure-win. Caution needed, always.
Everyday, when I open my Facebook, there would be a lot of FB marketing stuffs about property investment potentials. From those who are now multi-millionaires from their property investments and wanting to share their tips to people to “some new launching which must not be missed” and all the way to those promising you that…
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Working professionals, do you love your job and have no need for anything else?
Many have asked me this, ‘do you love your job?’ My answer is a definite yes. Else, I would be doing something else. Else, it would have been impossible to keep posting at least a job article everyday for the last 7 years. Haha. Funny question? Not really because you see, beyond just my job,…
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4.4 times the median income, so it’s seriously unaffordable. Tomorrow?
Personally, I disagree with any loosening of lending standards. I think it is still possible to get a home loan approved today. I also think it is possible to get a home today but landed homes below RM300,000 in PJ is definitely impossible. Not even when the price is doubled to RM600,000. So, are borrowers…
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I am poor, so I buy an ‘affordable’ home
A friend who’s just starting his corporate career climb once told me that the reason why he was buying an affordable home was because he was poor. Well, in Malaysia, there are still Nearly one million civil servants without a home . Besides that, with a typical starting pay of lower than RM2,500 per month and perhaps…
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Why do property transactions happen and prices usually up.
Two good friends of mine were discussing with me the other day about buying a home sweet home. The guy, Mr. C said that he has viewed a family-sized condo in Kuchai Lama and he loves it. In fact his wife likes the thoughtfulness of the design too. However, they would still be buying back…
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It’s all about waiting, I am not joking.
Someone asked me jokingly before, “Charles, to you property investment is a must, so do we buy everytime we have enough downpayment?” I answered, “No, you should wait.” Wait? In Cantonese, “wait till the clouds come” or in Hokkien, “Wait for what?” Let us talk about the three WAITS. Wait number 1. Waiting for a…