Category: Basics – Property Investment
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Feeling trapped with smaller units?
Some time ago, a colleague complained to me. He said, ‘The units being offered these days are all below 1,000 sq ft. If I buy, what happens when I have 1 or 2 kids, would it not be too small?’ I laughed and replied, ‘Not really. In Penang, families have been staying in 700 sq…
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Never ending rows of children books and NO baby chair?
I wrote about my personal requirements for malls, both new and old earlier. You can read here: My must have for malls, both old and new Today, I want to share a recipe for failure for any restaurants operating in a mall today. Before that, let me tell you that my wife and I spent…
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Do not want, do not know and do not have the means
After years of talking to close friends, good friends and even far away friends, I realised there are only three distinct groups of people when it comes to property investment. Of course, there are those who are a mixture the three types but generally, just three. I define them as the “do not want,” “do…
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Managing risks, starting strong. (Think Big, Start Small)
One senior manager colleague shared with me that over 10 years ago, he bought a shoplot. In his mind, he was thinking BIG. He thought the shoplot would double in price within 2 or 3 years. Despite just starting, he aimed at commercial property due to the potential huge profit. Yes, the entry cost was…
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Eating cheaper is still possible, depends on us actually
I was home in Ipoh and as usual when my mother does not cook, we will eat out. My parents do not spend a lot. In fact RM800 per month is more than enough for them. We dropped by a new restaurant specialising only with economy rice; really economic. Free chrysanthemum tea and chicken soup.…
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Education savings fund can be complemented by property too
Property investment must NOT start before we have enough savings. It should also NOT be the only form of investment, I think it’s too risky. It will NOT give you quick returns, thus aiming on a longer term is super nice. A colleague asked me about advice on some education savings fund. I told him,…
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2017 prospects for property market Malaysia? Well…
Thinking about property? We can read some conclusions and expert views from these forum panelists in the recently concluded PropertyGuru 2017 Property Outlook Report & Forum. They include The forum panelists are quite impressive. They include Dato’ Charon Mokhzani, Managing Director of Khazanah Research Institute (KRI), Datuk Seri FD Iskandar, President of the Real Estate and Housing…
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Medical fees will always be more expensive in future. Think.
My wife gave birth to my son in Parkcity Medical Centre nearly two years ago. The delivery cost was 30 percent higher than when she gave birth to my daughter in Pantai hospital in Penang two years earlier. When we first started to visit Parkcity Medical Centre, it was newly opened and there were hardly…
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KWAP willing to accept 4% returns from property investments
I do not have funds huge enough to start a foreign property investment currently. My daughter is also too young for me to buy a property today and having to wait for 15 more years or more. Yes, if she is studying overseas, of course it would be in the UK. Sorry yeah Australian or…