Interest Waiver for Abandon Project

Scenario
Abandon Service Apartment for the past 7 years (estimate) as of this writing. “black-listed” in CCRIS & owe the bank RM 55k in interest.

Blessing in disguise perhaps? Never had a car loan cause couldn’t get one.

Fortunately, the property is revive and was build-up pretty well IMO. Probable because the property is sitting in prime commercial [...]

August 3rd, 2009 | 1,089 comments

iProperty Expo Luxury Collection 09

Decide to have a look at the property expo organize by iProperty.
It’s theme “iProperty.com Expo – Luxury Collection 09” held at KL Convention Center
on the 24 – 26 July 2009.

So I registered online making sure I get a seat to this expo. You never know!
Especially since they have a pretty impressive list of speakers at [...]

July 29th, 2009 | One comment

Making Sense about Home Loans – Interest Rate

Many questions is asked about home loans during loan enquiries with loan agents, casual conversations with friends, local forum posts, etc….

The questions asked are generally the same ones I ask myself during my search for a home loan
that offer the best deal.

It’s like shopping for vegetable groceries, trying to find the best deal in town [...]

July 25th, 2009 | 1,962 comments

Property Purchase – Rhythm Avenue USJ19

Scenario
Invest in a residential property to gain positive rental income and capital appreciation… hopefully.
First step … picking the right property

Solution
Rhythm Avenue at USJ 19 is the first choice I made.
Kind of funny since it is this same property that went abandon about 7 years ago which got me into trouble.
but…Here’s why I made the decision.

The [...]

July 16th, 2009 | 1,067 comments

Booking Fee for a Tenancy Agreement

You see… this is the 1st time I am actually getting a tenant.

After reading a couple of “Get rich & become millionaire real-estate” books, which constantly warn about the horrors of getting the wrong tenant…it kinda freak me out.  Hence, I became really careful on picking the right tenant, which ended up my property being [...]

July 10th, 2009 | 5 comments