When we speak about property investments today, the general assumption is that it is a GET RICH QUICK SCHEME. The true essence of investing in properties has been blurred with many seeking to make quick profits where properties are treated like commodities rather than an appreciating asset. In good times, properties are traded or resold […]
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Lesson learned from monopoly board game (for property investment):- Lesson One – Always Keep Cash on Hand Lesson Two – Be Patient Lesson Three – Focus on Cash Flow Lesson Four – the Most Expensive Asset Is Not Always the BEST Lesson Five – Don’t Put All Your Eggs in One Basket (diversify) Lesson Six […]
Investment guru Datuk Gavin Tee expects 2016 to be the worst year for Malaysian property on the back of weaker economic growth, loss of pricing power and subdued financing, reported The Malaysian Reserve. 2015 was bad, and 2016 will be worse, said Tee, founder and President of SwhengTee International Real Estate Investors Club, at a […]
JUST a few months back, a social media post on food price comparison between United Kingdom and Malaysia went viral and attracted plenty of attention. This interesting post offered a peep into the average cost of living and purchasing power of Malaysians nowadays. A Malaysian, Rysherz Rayn, posted on his Facebook that with about £5 […]
HONG KONG (AFP) – A luxury apartment in Hong Kong sold for a record HK$594.7 million ($76.7 million), days before Christmas, making it the most expensive flat in the city and possibly in Asia, reports said Friday. An unidentified buyer paid more than HK$103,700 per-square-foot for the 5,732 square-foot (532 square-metre) unit at the luxury […]
Many newspapers and magazines have reported that getting a loan is getting more difficult today.Well, it is very true. Every 10 cases submitted to the banks, more that 5 got rejected. Many first home buyers especially in affordable category are facing rejections after rejections. There are many reasons why their loan can be rejected. Some […]