Tag: buying a secondary property
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What’s wrong with buying a secondary property today?
My first property, a 730 sq ft apartment was purchased from the secondary market for RM123k. That was 13 or 14 years ago. I spent RM25,000 on renovations and electrical goods. Yes, only RM25,000 because it was already a renovated unit. The current home I stay in was also bought from the secondary market over…
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Buying from a reputable developer
Many years ago, my sister happily told me that she has placed deposit for a condo in Penang. I knew about the project. I asked her to cancel it. She asked me why. I said I prefer more reputable developers because it is a new property that you want to stay. She cancelled it and…