You don’t make money just by owning properties. Management and business acumen also need to be applied. In business world, success is about REAL money. It is about the size of your profit margins and the amount of money you are actually making. ‘Potential’ is superb, ‘future anticipated profits’ are wonderful, ‘equity’ is fabulous – … Read more
“Ninety percent of all Millionaires become so through owning real estate” -Andrew Carnegie Although we don’t realise it, real estate is part of our lives since the day we are born. We come into this world under the shelter of a hospital and then are taken home. We go to school for the large part … Read more
In the Malaysian property investor community, like any other community, there are lots of very nice people, but then you’ve got the people who would ruin it for everyone. Given my work at GoodPlace I tend to encounter maybe a few more “jerk investors” than some people do. Obviously, this article is meant to be … Read more
Property is non-movable piece of land or/and a building sitting on it. In Malaysia, there are three types of land titles namely, freehold, leasehold and Bumiputra reserve. Freehold property has “interest in perpetuity”; meaning that you can own the property forever. The right of ownership can also be passed to your heirs. The price of … Read more
The overall 2015 price fall of 3.7 percent is the lowest decline for private home prices for more than two years, revealed PropNex Realty citing latest flash estimates of the Urban Redevelopment Authority (URA) price index. However, this still reflects the current languid market sentiment and the sustained impact of the cooling measures, noted the … Read more
Property investment gives you not only passive income but also capital gains. In other words, even when you are sleeping, you can sleep well knowing that your property investment is not only earning money for you but also increasing in value. The passive income not only liberates you from working from paycheck to paycheck, but … Read more
SINGAPORE: The property market is poised for further slides this year, with weak economic growth and rising interest rates likely to drag prices south. National Development (MND) Minister Lawrence Wong said recently it was too early to talk about unwinding cooling measures and suggested these steps would dampen demand. As at the third quarter of … Read more
THE biggest “open secret” when buying properties from developer is that developers offer various freebies and rebates. The rebate given by the developer comes in the form of a deduction against the 10% down payment that the housebuyer is required to make. This rebate fluctuates between 3% and up to a full 10%. By 10% rebate, this means that the housebuyer does not need to … Read more
In its new report, entitled “Doing Business 2015: Going Beyond Efficiency”, the World Bank has found that Malaysia ranks first out of the emerging economies in East Asia and ranks fourth out of all the countries in Asia. Malaysia’s ease of doing business ranking has also improved two positions over last year, moving from 20th … Read more
It’s not always an easy process to buy a home. Many first-time homebuyers encounter obstacles, and it’s not unusual to run into flying monkeys and wicked witches along that yellow brick road to home ownership. The first step in home buying is to prepare for the obstacles. An experienced real estate agent can help you … Read more
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