Mistakes made by owners when selling their properties

To avoid paying out REN’s commissions, owners will try to sell on their own. However, doing it on their own can be quite challenging in getting buyers – RENs have the marketing reach that owners do not have. RENs (unlike owners) are more willing to spend a lot on marketing to get buyers as they will get commissions for every sale. Secondly, owners do not … Continue reading Mistakes made by owners when selling their properties

How to make “instant” capital gains when buying a new property

When considering buying a new property, there are some situations that can give the buyer a high chance to make some sort of “instant” capital gains. Below are the things to look out for the next time you look for a new property: HIGH REBATES Nowadays, it is quiet common to find developers offering 10% to 15% rebates to entice their potential buyers to quickly … Continue reading How to make “instant” capital gains when buying a new property

How to rent out your property fast!

Learn the things most potential tenants are looking so that you can save thousands of Ringgit in lost rentals. Even though every property owner knows that they should rent out their property as fast as possible, a lot of them however do not bother to make potential tenants want to rent their place. From experience, there are certain things that most potential tenants will look … Continue reading How to rent out your property fast!

How to buy a condo with tight cash flow

Imagine you walked into a property sales gallery and fell in love with a condo on offer. You then identified a unit but hesitated when informed of the monthly installment. After some quick mental calculation, you came to the conclusion that it will be very tight on your budget, even when your level of income qualifies you to borrow from the bank. Sheepishly, you tell … Continue reading How to buy a condo with tight cash flow

4 factors that can influence the value of a property

The value of a property is determined by the following factors: LOCATION Buying a property is always about location, location, location. On top of having good accessibility and amenities (especially within walking distance to shopping malls), properties that are near the city centre or surrounded by colleges/universities/business activities (commercial areas) will always be in demand and they can generate good rental income. With the ever … Continue reading 4 factors that can influence the value of a property

10 things to consider when buying a condo

The following factors should be considered when planning to buy a condo: MAINTENANCE FEES Owners pay the yearly prescribed monthly maintenance fee to cover the expenses incurred in maintaining  the condo. The average rate for maintenance fees in the urban to semi-urban area ranges from RM0.28 to RM0.35 per square feet. Depending on the condo’s build-up area, facilities available and unit density, maintenance fees can … Continue reading 10 things to consider when buying a condo