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Everything you need to know about the new Legal Fees scale and how it’s affected homeowners. The revision of the fee structure in the Solicitors’ Remuneration Order by the Bar Council is effective from 15th March 2017. The revision, which was approved by the Solicitors Cost Committee on Feb 28, is reasonable as the [...]
Hey, If you haven't noticed, Base Rate (BR), Base Lending Rate (BLR) and Base Financing Rate (BFR) have increased. You might want to know. The latest Base Rate (BR), Base Lending Rate (BLR) and Base Financing Rate (BFR) as at 19th February 2018 by Bank Negara Malaysia. Check out the listing here. The Lowest [...]
Hi, Happy Chinese New Year to you all. Recently, there was an increased in Overnight Policy Rates, from 3% to 3.25%. How many of you feel the heat of the increment? I guess almost everyone that has a house and still mortgaging the property to the bank will have a significant impact. Earlier this [...]
When I was young, I want a big bungalow house. In the free time, I'd asked my father or my friends to drive me around an elite neighborhood with lots of beautiful and huge bungalow houses. I will admire the homes and their luxurious cars from outside. And fantasize living in the big house. [...]
There's one customer who was so skeptical to apply for a loan after being rejected multiple times. Totally understandable. Who likes to be rejected? The thing is if you have higher debts compare to your income, the chances are higher for the bank to turn you down. As long as you kept the [...]
Today is a Saturday. Usually, we will take a good Saturday or Sunday to clear our mind. That's mean, no working. But, it's the most difficult things to do because people need help and advice from us regardless of Monday or Sunday. And of course, we're happy to help too. So, I was sitting [...]
Many years ago, my family and I were living in a low-cost flat somewhere around Setapak,KL. We lived there for many many years. Once my sister and I have a steady job. We decided to move to a bigger house. As the flat unit is about 529sft and there were 3 of us, we [...]
You’ve finally figured out what you can afford and closing costs that you need, thanks to Malaysian Housing Loan. Now, it’s time to hunt for a house! We all know that searching for the right property takes a lot of time. You need to do a lot of homework before going down that road. [...]
Facts about Property Market Now:- 1. Unsold residential unit increase 40%. 2. The unsold residential unit is a total of 20,867 units worth RM12.26 billion. 3. The unsold residential unit comprises condominiums and apartments priced between RM500,000 and RM1,000,000. 4. Housing price growth in Malaysia has moderated to 5.6% in the second quarter of [...]
Answer: If you're buying a subsale house, you're buying the house on an "as it where is basis" (Meaning it is based on the current state of the home). It means the house condition at the time of the sale and purchase agreement (SNP) was signed, will be the same as when handing over [...]
