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Rather a used Proton Saga and medium-cost flat, than a new car and a pipe dream
Open Season by Teh Eng HockTeh reckons youngsters should give up consumerist luxuries to save at least 30% of their income by investing in property."WAIT. The bubble’s about to burst.” How many times have we heard this advice being dished out to prospective housebuyers?I’ve heard such words...
StarProperty.my’s guide on how to buy a property in Malaysia
Buying a property can be a daunting experience, be it for first-timers or even for second-timers. For those who are unsure of the various steps involved, StarProperty.my would like to give you this quick, simple guide to buying your dream property.1. Figure out your budgetYou probably have an area...
What you should do before hunting for a house
FINANCIAL SNACKS - BY ERWIN SOON, CONSULTANT AT SUCCESS CONCEPTS LIFE PLANNERSDuring the last housing boom in the United States, most investors bought properties with only one thing in mind: sell it at a higher price. However, when the market dropped drastically,many of these investors were...
Common taboos that affect properties
Let us go on a journey to find out how social taboos affect property prices particularly in Malaysia.By Dr Ernest CheongBefore they decide to buy a property – whether it is a house, condominium, apartment or shop – Malaysians tend to consider many factors that may be considered to be...
Q&A: How to determine a property's value when making an offer?
Property investor and author Peter Yee answers your questions about the property market.Q: In the course of your property investment activities, it must be very useful to know the movements of prices. How do you find out about, say, previously transacted prices or data on prices? Or do you go on...
Investing in property – a must for young adults?
The sooner is the better for property investment, which is why Gen Ys should begin investing early. By MANGALESRI CHANDRASEKARANMillennials are encouraged to learn about property investment and better understand the industry prior to investing.If you are aged between 18 and 34, then you...
Turning a problem into an opportunity | Juice Works founder Ling Mooi Li
On this episode of Inspiring Individuals, StarPropertyTV interviewed Juice Works managing director and founder Ling Mooi Li to talk about the creation of her business, what it takes to succeed to grow a business, as well as offering her two cents to aspiring entrepreneurs. A former pharmacist, Li...
Do you need a lawyer for your property transaction?
The short answer is: No, you don't need a lawyer when you do a property transaction.Everything about conveyancing is spelt out in the National Land Code 1965, Stamp Act 1949, Housing Development (Control and Licensing) Act 1966, Strata Titles Act 1985, Banking and Financial Institutions Act 1989,...
When the Bank forecloses, how do you survive?
Dr Ernest Cheong, senior partner, Ernest Cheong PTL Chartered SurveyorsThe five lines of defence you as a borrower can employ to protect your propertyWhen times are good and when times are bad there always are people who cannot repay their loans to the Banks.During the 1997/1998 Asian Economic...
A guide for those getting a home loan for the first time
Questions you simply MUST ask when signing up for your first mortgageTo the common Malaysian, there is probably nothing more intimidating that signing up for a home loan to buy a house for the first time. Not only are you making a financial decision that would affect a good part of your working...