Real Estate
Why is Malaysia’s property market not suffering from recession?
Some of my friends have been on the lookout for new and old properties for the past few months, hoping that the price of the property market would drop due to the recession. Unfortunately, nearly all of them came back to me and voiced out their disappointment. Rather than seeing a price drop, they are [...]
Why I don’t like 5/95 housing plan?
I notice that there are several property developers providing this 5/95 housing plan nowadays, especially during recession period like this. I won’t mention which developer, but normally, you’ll be able see a lot of advertisements by such developers. Before I continue, let me explain briefly what does it mean by 5/95 plan. Normally when you [...]
Freehold vs Leasehold
When it comes to property or real estate investing, people always talk about location, location and location. But some of these investors are a little bit greedy because they want good location, affordable price and it must be FREEHOLD. Sadly, there’s no such thing in Malaysia (one of my friends is actually looking for a [...]
Should you buy a property now?
Our Malaysia government recently came out with the Mini Budget which encourages people to buy properties. These properties are not meant for rental though. If you’re a property investor who wants to buy a property and rent it out, then you are not eligible for this tax deduction incentive. Anyway, a few friends of mine [...]
Tips for buying foreclosed properties
First of all, what is a foreclosure? According to Wikipedia, it means a legal and professional proceeding in which a mortgagee, or other lienholder, usually a lender, obtains a court ordered termination of a mortgagor’s equitable right of redemption. In other words, foreclosed properties are normally sold at a price much lower than the market [...]