Thursday, February 14, 2013
Home sweet home!!
After almost 8 years in Arusha, Tanzania, we are back in Malaysia!!
We took 17 luggages, 7 boxes and 8 cabin baggages to be exact into the plane to Malaysia. World record?, nahhh...
We decided to bring that many bcoz the kids nak mula skola asap n I start work on 4 feb n shipment for the bulk of our things will take time.
We started to sort out things a week before departure. Slowly but surely. The last nite I did not sleep as just want to make sure everything is ok coz we left quite a few things for our staff.
We initially wanted to hire 2 vans but looking at the numbers of our accompanied luggages n boxes, someone suggested that we hire a coaster.! Silly at first but very practical n convenient.
So we found one. More or less 120us.
Our friends were suprised or more or less terkejut beruk bila nampak coaster tu...tapi depa setuju with our decision.
UN bought us biz class ticket qatar airways so we were given 50 kilos each. And 25 kilos each extra on top of that 50 kilos but we hav to pay 1st later claim.so al in all is 375kilos. We did weight n count and it was more or less 360 kilos.
so when we arrived ther we had to use 6 trolleys! At the check in...since we r biz class passengers, the layanan bagus. They counted 367 kilos n my better half was there behind the counter to supervise everything...seasoned travellers tu! So dont play play with her..."hey boy put all fragile stickers! Hey boy dont just throw our bags"...dll arahan..hehhe
In the end they charged us for 90 kilos for excess baggage only. 250 kilos r our eligibility, 20 kilos r given free to members but alis n me je yg members. So 10 kilos each. 7 kilos discount...but but the charges r 3853us!!!!!!!
So bila naik plane...baguih punye layanan walaupun we took most of the ruang utk cabin luggages...seated besides me was an american black but light brown n speaks like an arab. he is a pilot with qatar too...he hated qatar but pay n perks r too good!!
Anyway bila sampe doha we had less than 2 hours transit...the doha airport has different terminal for biz class n above passengers. ..so was nice. But shopping area is not big n merry like the ordinary terminal. So we had to hurry hurry mkn n shopping.
Sampe msia...kitaorg window shopping n terjebak jugak beli brg sikit...we did that purposely becoz we know that our luggages will be put on the floor next to luggages carousel if lambat sampe there....so when we arrived there at the carousel. ..true enough all our luggages n boxes were put in one place...cantik je depa susun..so selamat la tulang blkg kami...so we used 5 trolleys n had to make 2 trips utk klua ke arrival lobby...
Bila sampai arrival lobby my family da tunggu..n my two strong brothers ade gak to help us with our tonnes of luggages!
So I hired a van n told them it was for our luggages n boxes n me only...org taxi kat counter x caya...had to explained many times to them the logic of my plan at least 3 times....ye la cant fault them coz depa x pernah jumpa org msia balik dr afrika.
So two cars followed the van...to bukit jelutong. We r renting a fully furnished apt while waiting for our house to be ready...renovate sikit.
So sampe apt tu had to hire one of the guards to carry the stuff sampe masuk dlm apt...
Thanks to Allah everything was ok...
The kids will start school on 18 feb.
So talk to u later
Wednesday, August 8, 2012
How to pay your loan off faster
How to pay your loan off faster
http://www.mortgagebroker.com.my/12ways.asp
1. Make extra repayments
Making extra repayments would reduce the time to pay off the loan and you pay less in interest. The simple logic is that the sooner you pay off your loan, the more money you save in interest payments. The more you pay, the more you save. Time is money!
For example, if you take up a loan of RM100,000 at 6.75% for 25 years, your monthly instalments will be about be about RM691. This equates to a total repayment of RM 207,203 over the term of your loan. If you pay the loan out over 15 years rather than 25, your monthly payment will be RM885 per month. But the total amount you will repay over the term of the loan will be only RM159,247 - saving you a whopping RM 47,956!
Another way to get ahead of your loan commitments is to make your repayments as if you have a higher rate of interest. Get a loan at the lowest interest rate you can and add 1% or 2% to your repayment amount. So if you have a loan at about 7% and pay it off at 8% or 9%, you'll be paying off your loan quicker and thereby reducing your interest payments.
Extra lump sums or regular additional repayments will help you cut many years off the term of your loan.
2. Make more frequent repayments
Most banks allow you to repay your loan monthly fortnightly or weekly. By paying your loan fortnightly or weekly (rather than monthly), you get to reduce the term and cost of your loan. How does it work?
Split your monthly payment in two and pay every fortnight. You'll hardly feel the difference in terms of your income, but it could save you thousands of ringgit over the term of your loan. The reason for this is that there are 26 fortnights in a year, but only 12 months. Paying fortnightly means that you will be effectively making 13 monthly payments every year. And this can make a big difference!
Using our example from above, by paying monthly instalments, you will need to repay RM207,203 over the term of your loan. By paying fortnightly, you will save RM 22,602 in interest and 4.4 years off the loan.
3. Start repayments early
During the first few years of your loan, it may seem that you are only paying interest and the principal isn't reducing at all. This is one of the unfortunate effects of compound interest. So to avoid this phenomena, you need to get some of the principal repaid early.
One of the ways is to commence repayment of the monthly instalments (which include the principal) before they become due. For example, most loans financing an under-construction property require the borrowers to pay interest only during the construction of the property and to commence the monthly instalments upon the completion of the property. This means you only start repayment of the principal only upon the full release of the loan upon the completion of the property. If you start repayment of the monthly instalments (which include the principal) early, you get to reduce the principal early.
Indeed for an Islamic loan, if you commence the repayment of the monthly instalments during the construction stage of the property, the bank will waive the “grace period profit” or the interest payable during the construction stage.
Another way of starting repayments early is to ask your bank to base your repayments on the “thereafter” interest rates, rather than the introductory or “honeymoon” rates. Most standard variable housing loans provide for a lower repayment during the initial years when the attractive “honeymoon” interest rates are applicable. Ask your bank or mortgage consultant for a flat repayment scheme.
4. Pay all your mortgage costs upfront
Some loan packages finance all your mortgage fees and expenses, ie, legal fees, stamp duty, disbursements, valuation fee and Mortgage Reducing Term Assurance. Don’t kid yourself. Such benefits are all added into the loan package concerned, either directly by adding to the amount of the loan or indirectly by charging you higher interest rates or a penalty fee if you do prepay your loan within 5 years. You are better off coming up with cash for your upfront costs. While this can seem a blessing, try to avoid doing this. Consider the following example:
Borrower A borrows RM100,000 over 25 years at 6.75%. His upfront costs are RM5,000 but he has enough cash to make sure he can cover these. His total repayment over 25 years will be RM 207,203.
Borrower B takes out the same loan but doesn't have enough cash to cover the upfront costs. So he borrows RM105,000, at the same rate. His total repayment over 25 years will be RM217,638.
5. Consolidate your debts
One of the best ways of ensuring you pay off your loans quickly is to consolidate all your debts. Determine which of your debts carry higher interest rates and consolidate all of such debts under one housing loan. You take up a new or additional housing loan to settle and pay off your credit cards and personal loans. By doing so, you will cease to be charged interest at 18% or 12% on your credit cards or personal loans respectively. Instead you will be paying interest at the relatively lower housing loan rates.
6. Structure your loans
If you have more than one mortgage – one on a residential property and another on a commercial/industrial property, it may make sense for you to take maximum loan on your former property and reduces the loan amount on the latter property. It is a known fact that banks prefer and favour housing loans and therefore offer very low and attractive interest rates for residential properties, as compared with that offered for commercial or industrial properties.
Kindly seek your tax consultant’s advice on the tax implications of such a move.
7. Tax planning
When you purchase a property for investment, you will want to take a loan which monthly instalments (together with the outgoings of such property, ie service charges, sinking fund, quit rent, assessment, taxes, etc) match the income (ie rentals) of such investment property. From an investor’s point of view, the property is self-financing and over the years, the property will pay off by itself and be free from any debts.
As an investor of property, you may want to do some tax planning. All investors will have to pay tax on the “profit” of your investment, ie the surplus of the income over the expenses of the investment, ie, the outgoings of the property and the interest payable for the loan taken to acquire the property. Repayment of principal will not be considered as an expense. During the earlier years of a loan, much of the repayment is toward interest. Accordingly the “higher” interest payments reduce the profit of the investment and therefore the tax payable is lower.
However after several years of repayments, as the loan is slowly paid down, more of the repayments will go towards the principal, as opposed to interest. When that happens, the expenses will reduce and the profit of your investment in the property will increase, and so will your taxes. In such an event it may be a good idea to increase the loan (by an additional loan or refinancing) and increase the interest payments and therefore reduces the taxes payable.
Another tax saving that you may consider is if you have an investment property which has a loan on it and also a loan on the home you are staying in. You may want to reduce the latter loan and increase the former loan. The simple logic is you are paying tax on the investment property and not on the home you are staying in and therefore by increasing the interest repayment on the loan taken on the investment property would reduce the profit thereof and accordingly taxes payable for the same.
8. Get an all-in-one account
An all-in-one account allows you to use your mortgage as your key financial product. This means you have one account into which you can pay all of your income and from which you pay your living expenses as well as making your mortgage repayments.
An all-in-one account can make a huge difference to the speed at which you pay off your loan. Because the whole of your income is paid into the account, you are reducing the principal on which interest is charged. Of course every time you withdraw from the account for living expenses, the principal (and therefore interest liability) will increase but careful use of the all-in-one account can save you interest payments and cut short the term of your loan.
For example if your loan balance is RM100,000, interest would be charged on a daily basis and charged on that full amount each month. If you have an all-in-one account, you remit all your income and savings, that moneys will off set and reduce the loan balance, upon which interest is charged. Rather than earn interest at the “low” saving or fixed deposit rates (3.2%), that moneys effectively reduce the loan balance and interest payments, thereby “earn” interest at the higher rate applicable to the loan (6.75%).
An all-in-one account is also useful when you are able to make additional payments towards the loan. If you are only able to make the equivalent of the minimum repayment on your loan (and not put in any extra) you may be better off with a standard conventional loan, where the interest rate is lower.
However, it's not unusual for borrowers using an all-in-one account to cut the term of the loan from 25 years to less than 15.
9. Use your credit cards
Credit cards allow you to postpone the payment of your bills free from any interest if payment is made before the due date. You can charge all your bills to your credit cards and keep your money in an all-in-one account longer. Every day that your moneys is in the all-in-one account is another day that interest is calculated on a lower loan balance. As soon as you pay your credit cards’ bills out of your all-in-one account, interest will be charged on the higher loan balance. Take full advantage of the interest free days offered by your credit cards.
Don’t forget to pay your credit cards’ bills before the due date thereof.
10. Refinance and save
One of the best ways to repay your loan quickly is to refinance your loan to a lower rate but don’t change the amount of repayment. This means you continue to pay as if the interest rate is the higher existing rate.
This will allow to pay off more of the principal with each payment and accordingly reduces the time you finish paying off the loan. For example, if you refinance a 25 years loan of RM100,000 from an interest rate of 7.5% (BLR + 0.75%) to 6.75% (BLR +0%) but continue to pay repayment based on the higher rate, you could cut about 3 years 9 months off the term of your loan and as much as RM33,255 in repayments.
However make enquiries on what it will cost you to refinance. For example, there may be penalty fees payable on your existing loan and legal fee, stamp duty and valuation fees payable for your new loan. Work it all out and see if it makes financial sense to refinance.
11. Staying Informed
Information is your greatest weapon. By staying informed about what is going on in the housing loan market, you might be able to stay a step or two ahead of your lender. And if you can stay one step ahead, you are already on your way to paying of your mortgage faster.
With any long term commitment, there is always a tendency to let your loan roll along, pay your monthly instalments as and when they fall due and don’t think about it. This attitude can be a big mistake. Keep yourself abreast of what is developing in the mortgage industry and you might find that there are opportunities to put yourself ahead. Interest rates change and new products may allow you to seize an opportunity or negotiate a better deal.
Stay informed and stay ahead of the game.
12. Get the ideal loan to suit your needs
Getting the right loan the first time is the biggest consideration when it comes to saving money. You need to ensure that your loan is best suited to your circumstances.
Shopping for an ideal loan may be difficult but it may be worth your while to invest some time to do some research. Make sure you speak to the bankers and mortgage consultants and search for information through the internet for the available loan packages in the market.
Choosing a loan is about knowing what you want. Make a list of all the features of the loan packages that are important to you and rank them according to importance. And you will be able to filter through the arrays of loan packages and through the process of elimination, you'll see the one that's right for you. Remember, different loans have different purposes so you need to match a loan to your need.
Ditching the features you don't need can reduce the interest rate of your loan.
Tuesday, December 13, 2011
Just an idea on investment
2012 is just around the corner. Many of us, I am sure, are eagerly waiting for ASB to announce its yearly dividend. Since it will become a hot topic very soon, let me take this opportunity to talk about my crazy idea.
There are around more than 10 funds issued and managed by PNB. Amongst those, there are 5 popular funds issued and managed by PNB. I also want to add 1 new fund called AHB by PHB. All of them can be termed as Capital Guaranteed Funds. In no particular order, they are the followings -
1) Amanah Saham Bumiputera (ASB) : launched in 2001 - Financial Period : Every 31 December, Approved Size Fund : UNLIMITED; for bumiputera only
2) Amanah Saham Wawasan 2020 (ASW2020) : launched in 1996, Approved Size Fund : 15.515 billion, Financial End : Every 31 August (but 51% for Bumi, 49% for Non Bumi - Non Bumi Unit fully subscribed)
3) Amanah Saham Malaysia (ASM) : launched in 2000, Approved Size Fund : 13.91 billion, Financial End : Every 31 March
4) AS1M : launched in 2009, Approved Size Fund : 10 billion, Financial End : Every 30 September
5) Amanah Saham Didik (ASD) - Performance - Launched in 2001 - Financial Period : Every 30 June, Approved Size Fund : 4.5; for bumiputera only. They said it is almost fully subscribed but you still can get them
6) Amanah Hartanah Bumiputera (AHB) : Launched in Nov 2010, issued and managed by PHB Overall dividend for year 2010-11 is 6.25%. For bumi only. They said they are giving dividend twice a year. I am expecting they will give around 6% after this. This is what we called Capital guaranteed REIT fund.
(A) ASB Performance -
Year 1990: Dividend = 8.00% , Bonus = 6.00% , Total = 14.00%
Year 1991: Dividend = 8.50% , Bonus = 4.00% , Total = 12.50%
Year 1992: Dividend = 7.50% , Bonus = 5.00% , Total = 12.50%
Year 1993: Dividend = 9.00% , Bonus = 4.50% , Total = 13.50%
Year 1994: Dividend = 9.00% , Bonus = 4.50% , Total = 13.50%
Year 1995: Dividend = 10.00% , Bonus = 3.00% , Total = 13.50%
Year 1996: Dividend = 10.25% , Bonus = 3.00% , Total = 13.25%
Year 1997: Dividend = 10.25% , Bonus = 1.25% , Total = 11.50%
Year 1998: Dividend = 8.00% , Bonus = 2.50% , Total = 10.50%
Year 1999: Dividend = 10.50% , Bonus = 1.50% , Total = 12.00%
Year 2000: Dividend = 9.75% , Bonus = 2.00% , Total = 11.75%
Year 2001: Dividend = 7.00% , Bonus = 3.00% , Total = 10.00%
Year 2002: Dividend = 7.00% , Bonus = 2.00% , Total = 9.00%
Year 2003: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
Year 2004: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
Year 2005: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
Year 2006: Dividend = 7.30% , Bonus = 1.25% , Total = 8.55%
Year 2007: Dividend = 8.00% , Bonus = 1.00% , Total = 9.00%
Year 2008: Dividend = 7.00% , Bonus = 1.75% , Total = 8.75%
Year 2009: Dividend = 7.30% , Bonus = 1.25% , Total = 8.55%
Year 2010; Dividend = 7.50% , Bonus = 1.25% , Total = 8.75%
Average Dividend + Bonus = 10.897619%
(B) ASD Performance –
Year Dividend (sen)
2002 10.00
2003 6.80
2004 7.00
2005 7.20
2006 6.80
2007 7.00
2008 7.00
2009 6.30
2010 6.35
2011 6.50
Average Yearly Dividend : 7.095% per annum
(C) Performance of ASW2020, ASM and AS1M -
Year ASW2020 ASM AS1M
1997 10.10
1998 9.80
1999 8.20
2000 8.80
2001 7.25 7.80
2002 7.25 7.00
2003 6.60 6.60
2004 7.00 7.00
2005 7.10 7.20
2006 6.80 6.75
2007 8.00 6.80
2008 7.00 7.80
2009 6.30 6.25
2010 6.35 6.30 6.38
2011 6.50 6.38 6.50
ASW 2020 : 7.5366667% average yearly dividend
ASM : 6.8936364 average yearly dividend
AS1M : 6.44% average yearly dividend
To simplify –
(D) Average Yearly Dividend for these popular fund
31/12 ASB 10.9%
31/03 ASM 6.9%
31/03 AHB 3.25%
30/06 ASD 7.1%
31/08 ASW 2020 7.5%
30/09 AS1M 6.4%
30/09 AHB 3.25%
Important Note : Do you notice that dividends from all funds since 2009 (except ASB) are below 7%. As for ASB, since 2008, they had been giving dividends under 9%.
(E) What if :
1) Let say you have RM50,000, separate that amount into all these 6 funds
2) If you choose to do this, you will get income of more or less 10% in Jan, 10% in Apr, 7% in July, 7% in Sept and 9.5% in Oct. Look again at the table especially the dates of the announcement of the dividends. Instead of waiting every January and the 10% or less from your ASB alone, you will dividend 5 times a year. In other words, you are making your money works harder!
3) And you can reinvest the dividends you gained to get more dividends. Examples - you can reinvest the ASB's into AS1M account. Then ASW2020’s into ASM. Then maybe you will surpass the 9% dividend by ASB. You can also invest the dividends in other kind of investment like the ones shown below -
(i) Classic Investment : Pure Gold, Bank Rakyat's shares, Tabung Haji, Foreign Currency cash, Precious Metal/Stones, EPF, LTAT (for our soldiers), Angkasa (for our civil servant), conventional insurance, Koperasi, Properties, etc etc
(ii) Modern Investment : Bonds, Buying and Selling Shares, Unit Trust (All kinds), Investment Linked Insurance, Structured Investment, Franchise, Gold Investment Account, Foreign Currency Account, Hedge Fund, Palm Oil Scheme, Special Savings Account linked to your loan payment, etc etc
So, ok ek ko?
NOTE: The above opinion is not an invitation to buy or sell. It serves as a blogging activity of my investing thoughts and ideas, this does not represent an investment advisory service as I charge no subscription or management fees. The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
There are around more than 10 funds issued and managed by PNB. Amongst those, there are 5 popular funds issued and managed by PNB. I also want to add 1 new fund called AHB by PHB. All of them can be termed as Capital Guaranteed Funds. In no particular order, they are the followings -
1) Amanah Saham Bumiputera (ASB) : launched in 2001 - Financial Period : Every 31 December, Approved Size Fund : UNLIMITED; for bumiputera only
2) Amanah Saham Wawasan 2020 (ASW2020) : launched in 1996, Approved Size Fund : 15.515 billion, Financial End : Every 31 August (but 51% for Bumi, 49% for Non Bumi - Non Bumi Unit fully subscribed)
3) Amanah Saham Malaysia (ASM) : launched in 2000, Approved Size Fund : 13.91 billion, Financial End : Every 31 March
4) AS1M : launched in 2009, Approved Size Fund : 10 billion, Financial End : Every 30 September
5) Amanah Saham Didik (ASD) - Performance - Launched in 2001 - Financial Period : Every 30 June, Approved Size Fund : 4.5; for bumiputera only. They said it is almost fully subscribed but you still can get them
6) Amanah Hartanah Bumiputera (AHB) : Launched in Nov 2010, issued and managed by PHB Overall dividend for year 2010-11 is 6.25%. For bumi only. They said they are giving dividend twice a year. I am expecting they will give around 6% after this. This is what we called Capital guaranteed REIT fund.
(A) ASB Performance -
Year 1990: Dividend = 8.00% , Bonus = 6.00% , Total = 14.00%
Year 1991: Dividend = 8.50% , Bonus = 4.00% , Total = 12.50%
Year 1992: Dividend = 7.50% , Bonus = 5.00% , Total = 12.50%
Year 1993: Dividend = 9.00% , Bonus = 4.50% , Total = 13.50%
Year 1994: Dividend = 9.00% , Bonus = 4.50% , Total = 13.50%
Year 1995: Dividend = 10.00% , Bonus = 3.00% , Total = 13.50%
Year 1996: Dividend = 10.25% , Bonus = 3.00% , Total = 13.25%
Year 1997: Dividend = 10.25% , Bonus = 1.25% , Total = 11.50%
Year 1998: Dividend = 8.00% , Bonus = 2.50% , Total = 10.50%
Year 1999: Dividend = 10.50% , Bonus = 1.50% , Total = 12.00%
Year 2000: Dividend = 9.75% , Bonus = 2.00% , Total = 11.75%
Year 2001: Dividend = 7.00% , Bonus = 3.00% , Total = 10.00%
Year 2002: Dividend = 7.00% , Bonus = 2.00% , Total = 9.00%
Year 2003: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
Year 2004: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
Year 2005: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
Year 2006: Dividend = 7.30% , Bonus = 1.25% , Total = 8.55%
Year 2007: Dividend = 8.00% , Bonus = 1.00% , Total = 9.00%
Year 2008: Dividend = 7.00% , Bonus = 1.75% , Total = 8.75%
Year 2009: Dividend = 7.30% , Bonus = 1.25% , Total = 8.55%
Year 2010; Dividend = 7.50% , Bonus = 1.25% , Total = 8.75%
Average Dividend + Bonus = 10.897619%
(B) ASD Performance –
Year Dividend (sen)
2002 10.00
2003 6.80
2004 7.00
2005 7.20
2006 6.80
2007 7.00
2008 7.00
2009 6.30
2010 6.35
2011 6.50
Average Yearly Dividend : 7.095% per annum
(C) Performance of ASW2020, ASM and AS1M -
Year ASW2020 ASM AS1M
1997 10.10
1998 9.80
1999 8.20
2000 8.80
2001 7.25 7.80
2002 7.25 7.00
2003 6.60 6.60
2004 7.00 7.00
2005 7.10 7.20
2006 6.80 6.75
2007 8.00 6.80
2008 7.00 7.80
2009 6.30 6.25
2010 6.35 6.30 6.38
2011 6.50 6.38 6.50
ASW 2020 : 7.5366667% average yearly dividend
ASM : 6.8936364 average yearly dividend
AS1M : 6.44% average yearly dividend
To simplify –
(D) Average Yearly Dividend for these popular fund
31/12 ASB 10.9%
31/03 ASM 6.9%
31/03 AHB 3.25%
30/06 ASD 7.1%
31/08 ASW 2020 7.5%
30/09 AS1M 6.4%
30/09 AHB 3.25%
Important Note : Do you notice that dividends from all funds since 2009 (except ASB) are below 7%. As for ASB, since 2008, they had been giving dividends under 9%.
(E) What if :
1) Let say you have RM50,000, separate that amount into all these 6 funds
2) If you choose to do this, you will get income of more or less 10% in Jan, 10% in Apr, 7% in July, 7% in Sept and 9.5% in Oct. Look again at the table especially the dates of the announcement of the dividends. Instead of waiting every January and the 10% or less from your ASB alone, you will dividend 5 times a year. In other words, you are making your money works harder!
3) And you can reinvest the dividends you gained to get more dividends. Examples - you can reinvest the ASB's into AS1M account. Then ASW2020’s into ASM. Then maybe you will surpass the 9% dividend by ASB. You can also invest the dividends in other kind of investment like the ones shown below -
(i) Classic Investment : Pure Gold, Bank Rakyat's shares, Tabung Haji, Foreign Currency cash, Precious Metal/Stones, EPF, LTAT (for our soldiers), Angkasa (for our civil servant), conventional insurance, Koperasi, Properties, etc etc
(ii) Modern Investment : Bonds, Buying and Selling Shares, Unit Trust (All kinds), Investment Linked Insurance, Structured Investment, Franchise, Gold Investment Account, Foreign Currency Account, Hedge Fund, Palm Oil Scheme, Special Savings Account linked to your loan payment, etc etc
So, ok ek ko?
NOTE: The above opinion is not an invitation to buy or sell. It serves as a blogging activity of my investing thoughts and ideas, this does not represent an investment advisory service as I charge no subscription or management fees. The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
Sunday, December 11, 2011
Rumah Mampu Milik by our well-known cekik darah developers
I read somewhere that SP Setia bought a big parcel of land somewhere this three areas - Hulu Langat/Semenyih/Serendah for their rumah mampu milik housing project.
Mahsing already launched theirs at Rawang - M Residence.
Sime Darby Property said they will launch Bandar Ainsdale in Seremban end of this year. Click this link for more info http://www.starproperty.my/PropertyScene/TheStarOnlineHighlightBox/17430/0/0
I heard Tan&Tan (IGB) will launch new township by the name of Kundang North (in partnership with PKNS)!! Hah, have u heard about Kundang before? Kenapa tak percaya ye. Click this link - http://www.tantan.com/beritaTT/BTT_052011.pdf (Fyi, it is a sleepy town (with quite a few factories) smacked between Sg Buloh and Rawang).
Then this PR1MA thingy launched by our government. Here is the list of phase 1 for PR1MA -
No. Location Developer Size (Acre) No of Units Target
1 Presint 11, Putrajaya Putrajaya Holdings 7.6 560 Q3 2011
2 Bandar Tun Razak, Cheras SP Setia and Tradewinds 10.0 1320 Q4 2011
3 Cyberjaya Cyberview 14.8 794 Q1 2012
4 Bandar Ainsdale, Seremban Sime Darby 142.0 2,220 Q4 2011
5 Putra Heights, Subang Jaya Sime Darby 7.4 260 Q1 2012
6 Seremban Sentral MRCB 37.4 3,000 Q2 2012
7 Presint 11-2, Putrajaya Putrajaya Holdings 3.0 255 Q2 2012
8 Presint 5, Putrajaya Putrajaya Holdings 11.8 1,062 Q2 2012
9 Presint 17-1, Putrajaya Putrajaya Holdings 4.1 739 Q4 2013
10 Presint 17-2, Putrajaya Putrajaya Holdings 8.2 368 Q4 2013
11 Presint 19-1, Putrajaya Putrajaya Holdings 10.8 970 Q4 2015
12 Presint 19-2, Putrajaya Putrajaya Holdings 11.9 1,067 Q4 2015
13 Ara Damansara, Petaling Sime Darby 4.9 560 Q2 2012
14 Bandar Bukit Raja, Klang Sime Darby 102.9 2,090 Q2 2014
15 Elmina East, Shah Alam Sime Darby 31.2 420 Q3 2014
16 Presint 19-3, Putrajaya Putrajaya Holdings 9.1 823 Q4 2016
17 Elmina West, Shah Alam Sime Darby 620.0 6,300 Q3 2017
18 Kota Elmina, Sg. Buloh Sime Darby 400.0 3,950 Q3 2017
19 Lagong Mas, Petaling Sime Darby 620.0 6,300 Q3 2018
20 Sg. Besi, Kuala Lumpur 1MDB - 10,000 Under Planning
TOTAL 2,057.11 43,058
I am sure sites that are less than 20 acres will be dedicated to high rise residences. Projects no. 4, 14, 15 and 17 to 20 will definitely have landed properties. So watch out for them!
Mahsing already launched theirs at Rawang - M Residence.
Sime Darby Property said they will launch Bandar Ainsdale in Seremban end of this year. Click this link for more info http://www.starproperty.my/PropertyScene/TheStarOnlineHighlightBox/17430/0/0
I heard Tan&Tan (IGB) will launch new township by the name of Kundang North (in partnership with PKNS)!! Hah, have u heard about Kundang before? Kenapa tak percaya ye. Click this link - http://www.tantan.com/beritaTT/BTT_052011.pdf (Fyi, it is a sleepy town (with quite a few factories) smacked between Sg Buloh and Rawang).
Then this PR1MA thingy launched by our government. Here is the list of phase 1 for PR1MA -
No. Location Developer Size (Acre) No of Units Target
1 Presint 11, Putrajaya Putrajaya Holdings 7.6 560 Q3 2011
2 Bandar Tun Razak, Cheras SP Setia and Tradewinds 10.0 1320 Q4 2011
3 Cyberjaya Cyberview 14.8 794 Q1 2012
4 Bandar Ainsdale, Seremban Sime Darby 142.0 2,220 Q4 2011
5 Putra Heights, Subang Jaya Sime Darby 7.4 260 Q1 2012
6 Seremban Sentral MRCB 37.4 3,000 Q2 2012
7 Presint 11-2, Putrajaya Putrajaya Holdings 3.0 255 Q2 2012
8 Presint 5, Putrajaya Putrajaya Holdings 11.8 1,062 Q2 2012
9 Presint 17-1, Putrajaya Putrajaya Holdings 4.1 739 Q4 2013
10 Presint 17-2, Putrajaya Putrajaya Holdings 8.2 368 Q4 2013
11 Presint 19-1, Putrajaya Putrajaya Holdings 10.8 970 Q4 2015
12 Presint 19-2, Putrajaya Putrajaya Holdings 11.9 1,067 Q4 2015
13 Ara Damansara, Petaling Sime Darby 4.9 560 Q2 2012
14 Bandar Bukit Raja, Klang Sime Darby 102.9 2,090 Q2 2014
15 Elmina East, Shah Alam Sime Darby 31.2 420 Q3 2014
16 Presint 19-3, Putrajaya Putrajaya Holdings 9.1 823 Q4 2016
17 Elmina West, Shah Alam Sime Darby 620.0 6,300 Q3 2017
18 Kota Elmina, Sg. Buloh Sime Darby 400.0 3,950 Q3 2017
19 Lagong Mas, Petaling Sime Darby 620.0 6,300 Q3 2018
20 Sg. Besi, Kuala Lumpur 1MDB - 10,000 Under Planning
TOTAL 2,057.11 43,058
I am sure sites that are less than 20 acres will be dedicated to high rise residences. Projects no. 4, 14, 15 and 17 to 20 will definitely have landed properties. So watch out for them!
Are you new to auction? If yes, read this....
BUYING AT AUCTION:
The most important thing to remember is that under the Auction system, when you buy a property, there is no cooling off period as there is when you buy 'for sale'. The Auction sale is legally binding on the day.
*** These guidelines should help you with understanding the Auction process ***
BEFOREHAND:
1. Do your Research
When you are looking in an area, whether buying 'for sale' or through an Auction, research the prices in that area for the type
of property that you want.Find out about the good and bad features of the area, and comparative prices to other areas.
Look at similar properties to the type that you are seeking.
2.Attend Local Auctions
It is valuable experience to attend as many local Auctions as you can to see how the Auction proceeds. Observe how people bid, and who is at the Auction. Work out people's style of bidding. The same people may be bidding against you for your property in the near future.
3.Arrange your Finances
Ensure that you have your Finance in place prior to the Auction. Establish you bidding limit. Make sure you allow for all extra
costs, eg legal, stamp duty, finance fees etc.
WHEN YOU HAVE DECIDED ON THE PROPERTY:
1. Register your Intent with the Agent
Advise the Real Estate Agent if you are interested in a property. They will advise you if the Vendor would consider sale prior to Auction, and whether any offers have been received prior to the Auction Day.
2.Establish your Bidding Limit
It is important that you set your own bidding limit. Decide what the property is worth to you based on what you can afford. To make sure you can afford a property work out the limit on your loan and add 3% to the interest rate. If you could still make the
payment then that is a very safe limit.
3.Set an Uneven Limit
Wherever possible, it pays to set an uneven limit, rather than stopping on a round number. For example, rather than stopping at 410,000, try going to 411,000. A small $500 bid could make the difference if the other bidder is close to their limit.
4.Check the Paperwork
If you are seriously interested in a property and intend to bid you should have your Solicitor inspect the Contract of Sale. It is a good idea to have a good read through all the paperwork related to the Auction beforehand.
Wherever possible, contact the Agent handling the sale and ask them to provide you with a copy of the documentation. This is normally possible in the week prior to Auction.
Read through all of the documents and always ask if you are unsure of anything. It is important to clarify details such as settlement terms, deposit and fixtures before the auction commences.
5.Inspections
Get building and pest inspections done before the Auction.It is not possible to make an Auction purchase conditional on inspection results. Make sure that any reports or inspections have been carried out to your satisfaction before you attend the
Auction.
6.Ask for Help
Many people find the Auction process daunting. Don't be afraid to ask a friend, relative or Real Estate Agent,to assist you with your bidding.
Many people ask someone else to bid on their behalf as they may be less inclined to bid emotionally and will not exceed a predetermined limit.Make certain that they have very clear instructions in writing on what they can and can't
do on your behalf - remember, there is no cooling off period with an Auction.
ON AUCTION DAY:
1.Presentation is Important
If you look like an affluent, confident property buyer, this will help convince your competition that you won't stop until the
property is yours.
Remember that it isn't always the person with the most money that wins at auction. It is the person who convinces everyone else to stop bidding.
2.Check the Contract of Sale again
On the Auction Day you should always check that your copy of the Contract of Sale is exactly the same as the original Auction Contract and that there have been no late changes.
3.Bidding
Remember how an Auction looks from the Auctioneer's perspective. They are often looking at a large number of people who
are invariably turning around, whispering etc.
If you are standing at the back of this scene,or hidden in the shade of a tree,the Auctioneer may well miss your bid, particularly when you are bidding for the first time. Stand in clear sight of the Auctioneer and make your first bid obvious to them.
Make sure the Auctioneer understands what you are doing. Bid early, clearly and confidently, and avoid unusual sign language
that may be misunderstood. Buyers are usually reluctant to start bidding at Auction but the best policy is to bid loudly and
confidently signalling to all other bidders you intend to purchase the property or should the reserve price not be reached that you are given an opportunity in any further negotiations.
4.Keep Control of your Bidding
If the bidding is increasing in larger denominations than you are comfortable with, consider offering a lower denomination as your bid. The Auctioneer does have the right to refuse it, but there is absolutely no harm in trying.
It is important not to be drawn into a bidding war on a property you want. Emotion can lead to you paying more than you can afford and there is no cooling off period with an Auction.
5.Making a Deposit
When the property is sold at the Auction you are required to sign the Contract of Sale and pay a deposit of usually 10% or 5% on the spot. This can be paid by Personal or Bank Cheque or subject to prior approval with the Agent by Deposit Guarantee.
6.Don’t be upset, if you lose the bid:
The streets are full of them and there are plenty of opportunities or auctions out there
Don’t forget to claim back the 10% or 5% deposit that you have submitted
GUIDE TO BID AT PROPERTY AUCTION SALE
1. WHO MAY BID
- Intending Purchaser who possess a Bank Draft/Banker’s Cheque be equal to 5% or 10% (whichever applicable) of the Reserve Price is qualified to become a bidder.
- Qualified bidder may delegate another to act as an agent or representative in his behalf. The delegate is required to submit a Letter of Authority and NRIC card photocopy of the intending purchaser .
2. WHAT TO PRODUCE AT THE AUCTION.
- Bring along the NRIC card to qualify to bid and present it for identification and registration.
- Important to submit Bank Draft/Banker’s Cheque amounting 5% or 10% (whichever applicable) of the Reserve Price.
- Do bring extra fund as Additional Deposit to subsidize if there is increment on the Reserve Price.
- Specify your details required in the Bidder’s Registration Form.
3. WHAT TO NOTE AT THE AUCTION.
- Always check the specific amount requested and the Bank Drafts/Banker’s Cheque are correctly payable.
- Unprepared and unattentiveness during call bids at the auction sale will make you lose a probable opportunity.
- Certainly do not bring personal or company cheques as Auction deposits.
- To be present earlier to avoid dissappointment.
- It is important to listen to the Auction proceeding very carefully to avoid unawareness.
- Observe the details provided are correct in the Contract of Sale before endorsement.
- Necessary to switch off or vibrate all your cell phones to avoid interuption during auction.
4. NECESSARY DOCUMENTS FOR BIDDING.
For an individual bidder:-
- a photocopy of his / her NRIC card (both sides)
- correspondence address
- telephone contact no.
For a Corporation:-
- a certified true copy of the Company’s Memorandum and Articles of Association.
- Form 24 and 49
- Board of Directors’ Resolution
For Agent/ Representative
- Letter of Authority from the Intending Purchaser
- a photocopy of the NRIC card (both sides)
5. HOMEWORK TO DO BEFORE ATTENDANCE AT AUCTION.
- Obtain the Proclamation, Conditions and Terms of Sale from the Auctioneer.
- Make necessary enquiries and confirm essential documents to be furnish for participation.
- Final check out with Auctioneer before turning up for auction.
The most important thing to remember is that under the Auction system, when you buy a property, there is no cooling off period as there is when you buy 'for sale'. The Auction sale is legally binding on the day.
*** These guidelines should help you with understanding the Auction process ***
BEFOREHAND:
1. Do your Research
When you are looking in an area, whether buying 'for sale' or through an Auction, research the prices in that area for the type
of property that you want.Find out about the good and bad features of the area, and comparative prices to other areas.
Look at similar properties to the type that you are seeking.
2.Attend Local Auctions
It is valuable experience to attend as many local Auctions as you can to see how the Auction proceeds. Observe how people bid, and who is at the Auction. Work out people's style of bidding. The same people may be bidding against you for your property in the near future.
3.Arrange your Finances
Ensure that you have your Finance in place prior to the Auction. Establish you bidding limit. Make sure you allow for all extra
costs, eg legal, stamp duty, finance fees etc.
WHEN YOU HAVE DECIDED ON THE PROPERTY:
1. Register your Intent with the Agent
Advise the Real Estate Agent if you are interested in a property. They will advise you if the Vendor would consider sale prior to Auction, and whether any offers have been received prior to the Auction Day.
2.Establish your Bidding Limit
It is important that you set your own bidding limit. Decide what the property is worth to you based on what you can afford. To make sure you can afford a property work out the limit on your loan and add 3% to the interest rate. If you could still make the
payment then that is a very safe limit.
3.Set an Uneven Limit
Wherever possible, it pays to set an uneven limit, rather than stopping on a round number. For example, rather than stopping at 410,000, try going to 411,000. A small $500 bid could make the difference if the other bidder is close to their limit.
4.Check the Paperwork
If you are seriously interested in a property and intend to bid you should have your Solicitor inspect the Contract of Sale. It is a good idea to have a good read through all the paperwork related to the Auction beforehand.
Wherever possible, contact the Agent handling the sale and ask them to provide you with a copy of the documentation. This is normally possible in the week prior to Auction.
Read through all of the documents and always ask if you are unsure of anything. It is important to clarify details such as settlement terms, deposit and fixtures before the auction commences.
5.Inspections
Get building and pest inspections done before the Auction.It is not possible to make an Auction purchase conditional on inspection results. Make sure that any reports or inspections have been carried out to your satisfaction before you attend the
Auction.
6.Ask for Help
Many people find the Auction process daunting. Don't be afraid to ask a friend, relative or Real Estate Agent,to assist you with your bidding.
Many people ask someone else to bid on their behalf as they may be less inclined to bid emotionally and will not exceed a predetermined limit.Make certain that they have very clear instructions in writing on what they can and can't
do on your behalf - remember, there is no cooling off period with an Auction.
ON AUCTION DAY:
1.Presentation is Important
If you look like an affluent, confident property buyer, this will help convince your competition that you won't stop until the
property is yours.
Remember that it isn't always the person with the most money that wins at auction. It is the person who convinces everyone else to stop bidding.
2.Check the Contract of Sale again
On the Auction Day you should always check that your copy of the Contract of Sale is exactly the same as the original Auction Contract and that there have been no late changes.
3.Bidding
Remember how an Auction looks from the Auctioneer's perspective. They are often looking at a large number of people who
are invariably turning around, whispering etc.
If you are standing at the back of this scene,or hidden in the shade of a tree,the Auctioneer may well miss your bid, particularly when you are bidding for the first time. Stand in clear sight of the Auctioneer and make your first bid obvious to them.
Make sure the Auctioneer understands what you are doing. Bid early, clearly and confidently, and avoid unusual sign language
that may be misunderstood. Buyers are usually reluctant to start bidding at Auction but the best policy is to bid loudly and
confidently signalling to all other bidders you intend to purchase the property or should the reserve price not be reached that you are given an opportunity in any further negotiations.
4.Keep Control of your Bidding
If the bidding is increasing in larger denominations than you are comfortable with, consider offering a lower denomination as your bid. The Auctioneer does have the right to refuse it, but there is absolutely no harm in trying.
It is important not to be drawn into a bidding war on a property you want. Emotion can lead to you paying more than you can afford and there is no cooling off period with an Auction.
5.Making a Deposit
When the property is sold at the Auction you are required to sign the Contract of Sale and pay a deposit of usually 10% or 5% on the spot. This can be paid by Personal or Bank Cheque or subject to prior approval with the Agent by Deposit Guarantee.
6.Don’t be upset, if you lose the bid:
The streets are full of them and there are plenty of opportunities or auctions out there
Don’t forget to claim back the 10% or 5% deposit that you have submitted
GUIDE TO BID AT PROPERTY AUCTION SALE
1. WHO MAY BID
- Intending Purchaser who possess a Bank Draft/Banker’s Cheque be equal to 5% or 10% (whichever applicable) of the Reserve Price is qualified to become a bidder.
- Qualified bidder may delegate another to act as an agent or representative in his behalf. The delegate is required to submit a Letter of Authority and NRIC card photocopy of the intending purchaser .
2. WHAT TO PRODUCE AT THE AUCTION.
- Bring along the NRIC card to qualify to bid and present it for identification and registration.
- Important to submit Bank Draft/Banker’s Cheque amounting 5% or 10% (whichever applicable) of the Reserve Price.
- Do bring extra fund as Additional Deposit to subsidize if there is increment on the Reserve Price.
- Specify your details required in the Bidder’s Registration Form.
3. WHAT TO NOTE AT THE AUCTION.
- Always check the specific amount requested and the Bank Drafts/Banker’s Cheque are correctly payable.
- Unprepared and unattentiveness during call bids at the auction sale will make you lose a probable opportunity.
- Certainly do not bring personal or company cheques as Auction deposits.
- To be present earlier to avoid dissappointment.
- It is important to listen to the Auction proceeding very carefully to avoid unawareness.
- Observe the details provided are correct in the Contract of Sale before endorsement.
- Necessary to switch off or vibrate all your cell phones to avoid interuption during auction.
4. NECESSARY DOCUMENTS FOR BIDDING.
For an individual bidder:-
- a photocopy of his / her NRIC card (both sides)
- correspondence address
- telephone contact no.
For a Corporation:-
- a certified true copy of the Company’s Memorandum and Articles of Association.
- Form 24 and 49
- Board of Directors’ Resolution
For Agent/ Representative
- Letter of Authority from the Intending Purchaser
- a photocopy of the NRIC card (both sides)
5. HOMEWORK TO DO BEFORE ATTENDANCE AT AUCTION.
- Obtain the Proclamation, Conditions and Terms of Sale from the Auctioneer.
- Make necessary enquiries and confirm essential documents to be furnish for participation.
- Final check out with Auctioneer before turning up for auction.
Saturday, December 10, 2011
Dont blame me for brain drain!
People always asked me how I managed to get a job within UN...
I somehow sensed that some of them so godsmacked considering im not this budak rajin n genius tapi selalu ponteng kelas n dpt gred biasa je...
Well, inilah yang dikatakan selalu...rezeki di tangan Tuhan selain dari yang lain yang hanya Allah saja tahu iaitu mati, anak, kubur n kahwin (errr ade betut ka?, ustaz)...
Anyway, should you need a career change but a challenging one...my suggestion is to think out of the box ie Malaysia. Malaysia is such a comfort zone for many of us. And when i said malaysia, it includes singapore, brunei and indonesia ya...
When i got the offer, i did not even know where is Arusha!! Just before i signed the offer letter, i opened the atlas.
You can go to unjobs.org, careers.un.org, totallylegal.com and even jobstreet.com.my
Im very sure many of you are well-qualified for the posts advertised in these websites...esp when u have masters, relevant experience at least 7 years and above, knows more than one language beisdes english (like Arabic, french, etc)...
And these organisations, they dont have the time to train you, so be prepared...
So what are you waiting for, surf the websites already!
I somehow sensed that some of them so godsmacked considering im not this budak rajin n genius tapi selalu ponteng kelas n dpt gred biasa je...
Well, inilah yang dikatakan selalu...rezeki di tangan Tuhan selain dari yang lain yang hanya Allah saja tahu iaitu mati, anak, kubur n kahwin (errr ade betut ka?, ustaz)...
Anyway, should you need a career change but a challenging one...my suggestion is to think out of the box ie Malaysia. Malaysia is such a comfort zone for many of us. And when i said malaysia, it includes singapore, brunei and indonesia ya...
When i got the offer, i did not even know where is Arusha!! Just before i signed the offer letter, i opened the atlas.
You can go to unjobs.org, careers.un.org, totallylegal.com and even jobstreet.com.my
Im very sure many of you are well-qualified for the posts advertised in these websites...esp when u have masters, relevant experience at least 7 years and above, knows more than one language beisdes english (like Arabic, french, etc)...
And these organisations, they dont have the time to train you, so be prepared...
So what are you waiting for, surf the websites already!
Rumah bawah RM500,000!! (Improved version)
Semenjak dua menjak ni...harga rumah teres naik mencanak-canak. Sebabnya kos premium tanah naik serta bahan-bahan binaan naik mendadak dipengaruhi oleh faktor-faktor dalam dan luar negara.
Geram betul kalau difikirkan...kawasan paling mahal dalam Malaysia sekarang ialah Bukit Tunku, Desa Parkcity, Taman Melawati, Segambut (?!!!!), Mont Kiara, KLCC, Bukit Persekutuan, U Thant, Taman Desa, KL Eco City, etc etc...panjang listnya...kalu takde duit tukar 100 ribu 200 ribu dlm poket atau terselit kat celah gigi, jangan mimpi la...
BUT I found for you guys rumah teres baru yang harganya kurang dari 500 ribu dan developernya ada offer free legal fees, rebate, diskaun bumi, low down payment, etc etc...so cepat2 sebelum terlambat...semua ini dalam Selangor-KL area je ye.
1) Taman Desa Mas (Rawang)...heheheh Rawang, jangan main-main
Developer : www.mahumas.com
2) Alam Nusantara (next to Setia Alam, Setia Ecopark)
Developer : www.pkns.gov.my
3) Desa Coalfields (Sungai Buloh)
Developer : www.klk.com.my
4) M Residence (Rawang lagi!)
Developer : www.mahsing.com.my
5) Cassis, Emerald West (Guess what, Rawang lagi!! yes, yes)
Developer : www.guocoland.com.my
BUT if you have found other projects that offer something like the above projects, pleae tell me. Sometimes, some popular low profile and small to medium size developers (contohnya www.simasgroup.com.my), they wont advertise in the websites or papers, they just advertised by putting a large billboard next to the project site...in a matter of weeks or even days, habis semua kena sapu. By the way, for the above projects you can find more information in www.iproperty.com.my as some of the developers malas nak letak byk info tentang prject depa ni...contohnya site plan, sitemap.
You should look into Kajang area despite the recent flash flood nightmare. They will have MRT stations soon. One good developer is Trans Loyal Development but until now I cant find their website!! Strange yeah...
Talking about Kajang, I forgot to point out another developer that sells many houses less than 500k. TPPT Sdn bhd, a subsidiary of Bank Negara Malaysia!!! Dont play play. Yup, our own Bank Negara Malaysia, ladies and gentlemen!! I must say they produced/s good quality products. They have this project called Puncak Saujana. Boy, the units gone like karipap panas!! But this is your lucky day, they just launched a new phase with 57 units only. So hurry before it is too late. Click this link - http://www.tppt.com.my/pskajang_manja.html
There are other several websites and blogs that you should look into also in searching for your dream but reasonable priced house....recently completed house should be considered also...
You can look at www.myrealestate.com.my, www.propwall.my, www.fullhouse.com.my, www.realestate.net.my, propertymalaysia.blogsome.com (this is the place you should go through especially project review. They reviewed projects launched between 2005 and 2010. So all these projects they reviewed got completed between 2008 and 2010. So if you want to look for recently completed house and their original price, this is the place. And they will give their views according from the ordinary buyer perspective not from investor perspective), the Edge Property (google la), www.homeguru.com.my, www.beehomes.com.my, www.estate123.com (for commercial properties),...eh byk la lagi, jenuh aku buek free ad to all these websites...
If you are looking into Negeri Sembilan area...go to Bandar Enstek, Kota Sieramas, Bandar Sri Sendayan, Nilai Impian, Bandar Warisan Puteri, Seremban 2, etc etc.
So good luck in your search...if you have any questions, please do not hesitate to email or post something in the comment area.
Geram betul kalau difikirkan...kawasan paling mahal dalam Malaysia sekarang ialah Bukit Tunku, Desa Parkcity, Taman Melawati, Segambut (?!!!!), Mont Kiara, KLCC, Bukit Persekutuan, U Thant, Taman Desa, KL Eco City, etc etc...panjang listnya...kalu takde duit tukar 100 ribu 200 ribu dlm poket atau terselit kat celah gigi, jangan mimpi la...
BUT I found for you guys rumah teres baru yang harganya kurang dari 500 ribu dan developernya ada offer free legal fees, rebate, diskaun bumi, low down payment, etc etc...so cepat2 sebelum terlambat...semua ini dalam Selangor-KL area je ye.
1) Taman Desa Mas (Rawang)...heheheh Rawang, jangan main-main
Developer : www.mahumas.com
2) Alam Nusantara (next to Setia Alam, Setia Ecopark)
Developer : www.pkns.gov.my
3) Desa Coalfields (Sungai Buloh)
Developer : www.klk.com.my
4) M Residence (Rawang lagi!)
Developer : www.mahsing.com.my
5) Cassis, Emerald West (Guess what, Rawang lagi!! yes, yes)
Developer : www.guocoland.com.my
BUT if you have found other projects that offer something like the above projects, pleae tell me. Sometimes, some popular low profile and small to medium size developers (contohnya www.simasgroup.com.my), they wont advertise in the websites or papers, they just advertised by putting a large billboard next to the project site...in a matter of weeks or even days, habis semua kena sapu. By the way, for the above projects you can find more information in www.iproperty.com.my as some of the developers malas nak letak byk info tentang prject depa ni...contohnya site plan, sitemap.
You should look into Kajang area despite the recent flash flood nightmare. They will have MRT stations soon. One good developer is Trans Loyal Development but until now I cant find their website!! Strange yeah...
Talking about Kajang, I forgot to point out another developer that sells many houses less than 500k. TPPT Sdn bhd, a subsidiary of Bank Negara Malaysia!!! Dont play play. Yup, our own Bank Negara Malaysia, ladies and gentlemen!! I must say they produced/s good quality products. They have this project called Puncak Saujana. Boy, the units gone like karipap panas!! But this is your lucky day, they just launched a new phase with 57 units only. So hurry before it is too late. Click this link - http://www.tppt.com.my/pskajang_manja.html
There are other several websites and blogs that you should look into also in searching for your dream but reasonable priced house....recently completed house should be considered also...
You can look at www.myrealestate.com.my, www.propwall.my, www.fullhouse.com.my, www.realestate.net.my, propertymalaysia.blogsome.com (this is the place you should go through especially project review. They reviewed projects launched between 2005 and 2010. So all these projects they reviewed got completed between 2008 and 2010. So if you want to look for recently completed house and their original price, this is the place. And they will give their views according from the ordinary buyer perspective not from investor perspective), the Edge Property (google la), www.homeguru.com.my, www.beehomes.com.my, www.estate123.com (for commercial properties),...eh byk la lagi, jenuh aku buek free ad to all these websites...
If you are looking into Negeri Sembilan area...go to Bandar Enstek, Kota Sieramas, Bandar Sri Sendayan, Nilai Impian, Bandar Warisan Puteri, Seremban 2, etc etc.
So good luck in your search...if you have any questions, please do not hesitate to email or post something in the comment area.
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