Anytime, to me, is a good time to buy, even in the worst of times – not just good times, not just bad times, any time. I’ll give you an example: In 2009 there was a global economy crisis. People are very scared to buy. But that was the best time to buy. I bought …
BY LOSHANA K SHAGAR PUTRAJAYA: Property developers have no reason to raise prices of houses from April 1 because they can claim back the costs incurred through taxable supplies under the Goods and Services Tax (GST). Raizam Mustapha, Customs Department’s senior assistant director (property, construction and professionals), said developers could claim Input Tax Credit (ITC) …
MOST if not all house buyers will require financing to buy their dream homes. While there appears to be stiff competition among banks for market share and interest rates may be kept low, house buyers are ultimately at the mercy of banks when it comes to the detailed terms and conditions of the housing loan. …
PETALING JAYA: Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) is expected to start awarding contracts for the various packages of the RM23bil Mass Rapid Transit line 2 (MRT2) in the last quarter of this year. Contractors who handled jobs in the first phase of the MRT (MRT1) would hold an advantage due to their …
BY EUGENE MAHALINGAM PETALING JAYA: The Naza Group, which is jointly bidding for the role of project delivery partner (PDP) for the development of the RM9bil light rail transit line three (LRT 3) with China-based CSR Zhuzhou Electric Locomotive Co Ltd, has proposed to finance up to 90% of the project. “The bid by Naza-CSR …
A simple question, how to calculate return on investment? Investment in property may take much time and effort than you may expect. When you find a great deal, you might need to leverage on other people’s money to increase your return of investment. How to calculate the return of investment? Generally, there are 2 components …
