Category: Uncategorized
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Withdraw EPF at 55 or 60. Why I decided on 60.
First of all, if you think it is your money, thus it should be by your side and not be kept by EPF, then by all means please withdraw it at 55. Log into the EPF site tonight or before 5th May and state your decision; withdraw at 55. Here’s the URL: https://secure.kwsp.gov.my/secured/member/login If you are…
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Batu Kawan’s RM10 billion GDV by Eco World
A close friend forwarded a news which I read earlier. I guess she felt this may be the biggest thing to happen for Penang, especially where Batu Kawan is concerned. I do agree. I remember many months back someone told me that everyone should buy Batu Kawan because IKEA is coming. I said, please take…
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Cable Car, Tunnel, LRT, more roads and PTMP. Action!
Penang Chief Minister Lim Guan Eng announced that a new ‘Penang Sky Cab’ (cable car) project would link the Penang Sentral in Butterworth to Gat album Nordic in the island and this would be operational by 2018. It can carry up to 1,000 passengers per hour and will take 15 minutes travel. This is certainly…
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Little impact from GST and CLEAR by August 2015
In an online article recently, it quoted Penang Branch Chairman for Malaysia Institute of Eatate Agents (MIEA), Mark Saw as saying that GST would have minimal impact on the secondary property market. the reason being high demand is still continuing for residential properties. I think he is referring to Penang though I think his comment…
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Family-style SIZE vs small size due to price
According to an online article, the Malaysian Institute of Architects (PAM) said that today any family-style housing schemes are no longer feasible. Developers or social housing providers should start moving into smaller units to make it more affordable. This is because the current market is already too high-priced. PAM President Ar Chan Seong said that…
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PLEASE don’t force renovation packages
PLEASE is in capital because this is only an advice. Penang Housing committee chairman Jagdeep Singh Deo said that developers cannot force home purchasers of affordable homes to buy any renovation package. I assume this includes also additional car park package etc. Of course they are free to offer such packages but it must be…
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Landed in Penang? Be prepared with lots of money
When we look at the Penang’s market, we can see the real demand versus supply in real action. The reason I say so is because despite the property transactions declining, the prices of landed properties, especially within the island and especially only in that few hotspots continue to rise. Datuk Jerry Chan, the Real Estate…
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The importance of size vs affordability
Hong Kongers love bigger space. However, they are also acutely aware of the affordability factor in their home purchase. Thus, if they have a roof over their head and that small space can be turned into a wonderful home sweet home, they would buy. I am not sure if this is starting in Malaysia but…
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Ignorance or still true? Well, you decide.
In an announcement to the world or rather Malaysia, two of Malaysia’s major newspaper publishers said that they are now joining hands to offer the best value ePaper in Malaysia. Inside the article, they mentioned the importance of online because nowadays everything is online. Well, here we have two of the major dailies in Malaysia…
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Penang affordability, higher units definitely
Penang state government was commended by the Real Estate & Housing Developers’ Association (Rehda) Penang chairman Datuk Jerry Chan. The latest affordable guidelines has made it easier for developers to build affordable homes in the range of RM200,000-RM400,000 range for first-time house buyers. Under a new housing guidelines introduced last year, developers are allowed to…