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Testimonial Message: I am very pleased with David's advise when I was about to purchase my first house. He was honest, straight to the point and very frank in discussing what should be done, and what should not. He tries to answer all his calls even when he is busy. Appreciate his customer service and [...]
Questions Of The Day Tom & Michelle are going to buy a new house. Tom is a first-time house buyer. And this is Michelle second time buying a house. Tom and Michelle's relationship are spouse. Sale & Purchase Agreement will be under Tom (1st-time house buyer) name only. When applying for a loan, the [...]
Summary: 1.The household debt of Malaysians stands at RM1,030bil or 89.1% of the gross domestic product (GDP). 2.62.6% of household debt in Malaysia was for long-term loans from banks and non-banking financial institutions for property acquisition and financial investments. 3.Several measures implemented has led to a decrease in household debt growth by 6.5% this year [...]
1. Datuk Muhammad Ibrahim is our new Bank Negara Governor effective 1st May 2016. He will start his five-year term. Taking over Tan Sri Dr Zeti Akhtar Aziz who retires on 30th April 2016. 2. He is the most senior deputy governor and the central bank’s second-in-command. 3. A career central banker like Zeti, Muhammad [...]
Setapak is a major suburb in Kuala Lumpur, Malaysia. Setapak mean " one step " in Malay and is only 22km from Kuala Lumpur City Centre. Today, we're going to look into this area on the average prices per square foot (PSF) basis. Hope you will find some of the facts interesting. 1. The [...]
News Summary : According to the National Housing Department, from 2001 to 2015, there were 28 cases of abandoned projects in Peninsular Malaysia while another 20 are being revived. Example of Abandoned Project: 1.Selayang Springs Condominium abandoned project in April 2014. Recently been lifted from being classified as an abandoned project to be placed [...]
Thumbs up to two most successful developers, Aset Kayamas and Sime Darby for their success in the recent project, The Henge, and Elmina Valley. These two developers and projects prove despite the weakening property market right now, and people are still buying property like crazy! It was not a myth of any kind; it was [...]
‘Mortgage rejection rates not as high as 50%’ Summary : Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias refuted claims that the rejection rate of housing loans has soared above 50% among the banks. Housing loan applications last year totalled 456,853, The total number rejected was 93,159 Which translated [...]
Questions Of The Day: #AskUsAnything #AskMalaysiaHousingLoan I bought a unit of condo with RM771,000 Purchase Price. Need to know how much the stamp duty and any rebate of stamp duty? Answer : Hi, Thank you for visiting our website. Pertaining to you question about stamp duty, i'm not sure you are asking for property [...]
Living in an area near LRT stations can be a convenience for Klang Valley populations. With the extensive LRT, KTM, and MRT project, the life has been much easier for Klang Valley folks to move around and avoid traffic. We realised that if you're living in Klang Valley, traffic jam is like your butter and [...]
