We did not think twice about seeing a doctor or calling a plumber. And yet, when it comes to matters of real estate investment, most people feel that it is a road they are meant to travel alone. This is simply not true. Everyone needs help from time to time, for investing in real estate can be very risky.
Are professionals needed in real estate investing?
Thursday, November 22, 2012
We did not think twice about seeing a doctor or calling a plumber. And yet, when it comes to matters of real estate investment, most people feel that it is a road they are meant to travel alone. This is simply not true. Everyone needs help from time to time, for investing in real estate can be very risky.
Labels:
Daily Articles,
Real Estate Professionals
Posted by
Alecia Tan
at
1:36 AM
0
comments
Disadvantages of lease purchase
Wednesday, November 21, 2012
It usually takes 3 to 5 years before the option expires in a lease purchase agreement. Year after year, the property values may change continuously with changing economic conditions. Thus, the main disadvantage of lease purchase is that both the seller and buyer are locked into an agreement where the purchase price is not subject to change. The seller is locked into a lower purchase price even when there is a dramatic increase in the property price while the buyer will have to buy the property even when they found that the property is not worth the agreed upon purchase price due to a deep declines in the property value. Regardless of whether the property market price is going to up or down in the future, it is not fair to either party. Besides than property price, the interest rates are likely to change over time as well. If the market interest rates rise in the future, the buyer will sees his future monthly instalment going up. On the other hand, the seller is at risk of facing the situation where the potential buyer may not keep up the property as a result of not being able to qualify for a loan or being unable to afford to buy the house.
Labels:
Daily Articles,
Lease Purchase
Posted by
Alecia Tan
at
1:50 AM
0
comments
Why lease purchase?
Tuesday, November 20, 2012
Lease purchase is a legal term for a contract, it binds
both seller and buyer to the sale. The contract exists between a house owner
and a tenant where the tenant agrees to pay the owner an increased monthly
rental that is credited to an account for use as a down payment which gives the
tenant the right to buy the house at the end of the lease period for a price
established in advance. It is common for the purchase price to be about 10%
above the market value. The lease is usually made for 3 to 5 years.
Labels:
Daily Articles,
Lease Purchase
Posted by
Alecia Tan
at
1:58 AM
0
comments
DNR: Is paying off a property loan as quickly as possible a wise move?
Monday, November 19, 2012
AT first
thought, it might appear prudent to pay off a property loan as quickly and as
soon as possible. However, is this really the wisest and smartest financial
decision? Consider using cheaper home loans to grow your net worth.
Start comparing loans from several different financial institutions before deciding and get information in writing. Carefully consider your cashflow situation, if you have the income to handle your new refinanced home loan obligations, it might just be more prudent to refinance that house of yours and start growing your net worth. Seating your assets and start letting them work for you.
Labels:
Daily News Rewrite (DNR),
Refinance
Posted by
Alecia Tan
at
9:08 PM
0
comments
Disadvantages of joint purchase
#1. Profit
sharing
Labels:
Daily Articles,
Joint Purchase
Posted by
Alecia Tan
at
2:12 AM
0
comments
DNR: Legal action against developers who advertise without permits
Housing developers
who advertise their projects in newspapers without permits from the National
Housing Department (NHD) will face a maximum fine of RM250,000 if they are found guilty. There are developers who already received notices from the ministry for breaching the Housing Development (Control and Licensing) Act 1966 by not applying for the permits but so far, no one has been fined.
Labels:
Daily News Rewrite (DNR),
Malaysian Government,
Property Developers
Posted by
Alecia Tan
at
12:48 AM
0
comments
Why joint purchase?
Friday, November 16, 2012
Joint purchase is a method of purchase whereby the
purchase of a particular property is made by two or more parties. There are a
number of reasons why we choose joint purchase option in real estate investment.
Labels:
Daily Articles,
Joint Purchase
Posted by
Alecia Tan
at
12:28 AM
0
comments
General property auctions information
Thursday, November 15, 2012
Generally, there are 2 types of auctions in Malaysia
property market.
Labels:
Daily Articles,
Property Auctions
Posted by
Alecia Tan
at
11:00 PM
0
comments
DNR: SP Setia keen to expand property portfolio in Australia
Property developer SP Setia Bhd is keen to expand
its property investment portfolio in Australia, said its president and CEO Tan Sri Liew Kee
Sin. He said the group was also interested to expand its footprint
in the UK and China amid its venture in the
development of the China-Malaysia Qinzhou Industrial Park.
"SP Setia's focus for the moment will be on property investment amid
growing demand, especially from Asian investors. "Asians
love to buy properties and SP Setia wants to be part of the market," he
told reporters on the sidelines of the Fourth World Chinese Economic Forum
(WCEF) here today. Liew said SP Setia's customers continue to
show interest in its properties in Australia, Singapore and the UK amid the
improved lifestyle and a good long-term investment.
The Australian operations contributed about 10% of the group's total sales of RM4 billion expected for the financial year 2012 ending October.
Labels:
Daily News Rewrite (DNR),
Property Developers
Posted by
Alecia Tan
at
8:14 PM
0
comments
Some pros and cons of auctions in Malaysia
Wednesday, November 14, 2012
-----------------------------------------------------------------------------------------------
Labels:
Daily Articles,
Property Auctions
Posted by
Alecia Tan
at
11:14 PM
0
comments
DNR: Paramount will go for niche housing due to scarcity of land in the Klang Valley
"We have to move away from the traditional landed housing and go into integrated developments with commercial, residential and retail elements,” said Liew, adding that the firm had to take this step because the available land sizes were getting smaller today.
Labels:
Daily News Rewrite (DNR),
Property Developers
Posted by
Alecia Tan
at
2:03 AM
0
comments
Some interesting quotes/notions about real estate investment
Friday, November 9, 2012
#1. Don’t
wait to buy real estate, buy real estate and wait.
Labels:
Daily Articles
Posted by
Alecia Tan
at
6:26 PM
0
comments
DNR: Bank Negara: Key rate to be maintained at 3%
Bank Negara has
announced that the Monetary Policy Committee (MPC) has decided that it will
maintain the overnight policy rate (OPR) at 3%.
Labels:
Bank Negara Malaysia (BNM),
Daily News Rewrite (DNR)
Posted by
Alecia Tan
at
12:00 AM
0
comments
DNR: Distinctive in RM1.5bil property project
Thursday, November 8, 2012
Labels:
Daily News Rewrite (DNR),
Johor properties,
Property Developers
Posted by
Alecia Tan
at
10:59 PM
0
comments
How to protect yourself from the property bubble?
Some simple steps to protect yourself from the property bubble:
Labels:
Daily Articles,
Property bubble
Posted by
Alecia Tan
at
10:09 PM
0
comments