EVERY REASON TO FEEL UPBEAT ABOUT THE PROPERTY MARKET- StarProperty.my

By BRICKS AND MORTAR By TEH LIP KIM | Apr 21, 2012

Every reason to feel upbeat about the property market

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REPORTS released in the last two to three weeks on the state of the property sector in Malaysia and other countries in this region should offer some comfort to both builders and investors.

The Malaysian Property Market Report 2011 that is issued by the Valuation and Property Services Department of the Finance Ministry has painted a fairly positive picture.
According to the report, the Malaysian property market saw its highest growth in the last five years. For instance, the number of transactions in 2011 was up 14% and the value of transactions in the same year rose 28% compared with the previous year.
Perhaps it is for this reason that sentiment remain upbeat not only among property investors in Malaysia but in other countries in this region as well, such as Indonesia, Singapore and Hong Kong.

Also released just recently is the Asia Property Market Sentiment Report 2012 by iProperty.com, a network of property websites covering Malaysia, Indonesia, Singapore and Hong Kong.

According to this report, 59.5% of those surveyed think that the Malaysian property market is still doing well, and 62.3% of them have expressed a desire to acquire new property within the next six to 12 months. That, certainly, is a show of confidence in the property market in Malaysia, and sweet music to developers’ ears.

More numbers: of those surveyed, 28% have said that they were looking to buy for investment.But then again, some may ask, is it all that great? Are those numbers for real? Even if they are, are we drawing the right conclusions, the perennial pessimist will ask.
Given the scenario, we have reason to feel positive about the Malaysian property market.
Not reported here or anywhere, but widely acknowledge and perhaps even fairly extensively practised is the purchasing of properties for the future generations.

Parents monitor the prices of houses for the benefit of their children. Many who can afford it are already buying new homes for their children, out of fear that prices could rise to a level beyond their children’s means if they wait for the children to grow up, find a job and start looking for a home on their own.

This practice now begs the question: if the children of this generation can’t afford to buy their own homes, how then are their own children going to fare? But that is another issue.
Looking at it from an investor’s point of view, there is still a lot of upside in the property market, particularly in Malaysia.

The property market in Malaysia is still quite under-priced when compared with those in Indonesia, Hong Kong or our nearest neighbour Singapore.
There are many family ties between Malaysia and Singapore and our cousins across the Causeway have more than occasionally envied us our property prices.

The fact that Singaporeans make up a large proportion of foreign property purchasers in Malaysia, particularly in Johor, is a case in point.
Property developers are also increasingly eyeing markets outside Malaysia with many carrying out promotional efforts to attract buyers from China, Indonesia and of course Singapore.


Every reason to feel upbeat about the property market - StarProperty.my

HOME LOAN APPLICATION WITH NEW GUIDELINE

NEW ANNOUNCEMENT & UPDATES!!!

 Dear Business Partners/ Agents,

Please be informed that In line with the BNM circular onGuidelines on Responsible Finance, the RACs in MLPP have been revised accordingly.
The summary is shown as follows:-

Current Guidelines (up to 31/12/2011)

New Guidelines effective 1/1/2012

In view of these changes, effective from 29thDec 2011, there is a revision in our OCBC Home Loan Application Form forboth conventional and Islamic loan, available in English and BM version,depending on the suitability of your customer(s) Kindlyuse this version for all OCBC Home Loan applications moving forward.

Please take note that theeffective implementation of the new guidelines is based on Loan Creationdate from
1st Jan 2012 onwards, anyapplication forms using the previous version will cease usage.

Major areas of the revisions can be found in the attachedPowerPoint slides, with the new revised application forms/ additional formsfound in the Appendix.

Please read the content accordingly prior to completing theentire columns in the form(s).

You can also found the additional/ supplementary form in theattachment & appendix  for applicant’s declaration to includealso the non-CCRIS debt obligation declared by customers (required for the DSRcomputation). This is mandatory to be used for all loanapplications.


We will be advising you soon on the new application form forthe Islamic loan once we obtainthe latest updated application form.

心改變，境界改變，世界也會跟著轉變

世事紛擾
掉落下來的是蒼蠅還是花辦
常常在我們一念之間
是要臨危不亂
還是要窮其一生冤冤相報
也都在於我們的選擇和一念之間
很有意境的一齣動畫
當我們的心改變，境界改變，世界也會跟著轉變


See More

The Fly / The Art of Meditation by Hanjin Song

www.urbandharma.org

THE SECRET TO INVEST IN HOTEL SUITE IN KL CITY CENTRE

The Secret to investing in Hotel Suites in KL City Centre unveiled to you by Amenny Chua. Organised by One World Property.

Posted on | March 23, 2012

The Secret to investing in Hotel Suites in KL City Centre unveiled to you by Amenny Chua. Organised by One World Property.
Property Seminar topics include :
How to select a potential investment at the right time?
How to ensure High Return on property investment?
Special sharing in property investment with guarantee returns & profit sharing scheme
Organiser One World Property

- Hotel Suites for sale, properties in KL, Amenny Chua, One World Property, property seminar, property for sale, property investment


FOR THOSE WHO ARE INTERESTED TO FIND OUT MORE ABOUT HOTEL SUITE INVESTMENT, KINDLY LEAVE A COMMENT IN MY BLOG, SO THAT I COULD CONTACT YOU WHEN WE HAVE A LASTEST UPDATED ON OUR FREE SEMINAR

MALAYSIA VACATION-TAMAN NEGARA

Malaysia is naturally proud of its national park, Taman Negara, 4,343 square kilometers of virgin forest and home to over 200 varieties of animals and just as many species of plants, trees and blooms.

A paradise, not just for botanists and entomologists, it is a heavenly haven for all who wish to get away from the concrete jungle, and experience the real jungle.

The journey to Taman Negara is an adventure in itself, and as you skim over rivers in narrow boats or motorized sampans, through lowland and cloud forests, you will be serenaded by the music of nature - the chirping crickets, the calls of the birds and the rustling of the wind among the leaves of the trees that are said to be more than 130 million years old. This two-hour journey will take you to the park headquarters in Kuala Tahan, where you'll start your activities.

Taman Negara is a magical place of lush greenery, and its serene tranquility will weave its spell over you as you make your way through the park, be it on a single night safari or a nine-day trek up Gunung Tahan, the highest mountain on Peninsular Malaysia. Walk amongst the tall giants of old - the meranti hardwood trees, and look around in wonder at the seeming ease with which they touch the heavens.

Trekking Trail around Taman Negara

The network of the trekking trails are clearly marked, so it is easy and safe to trek in the jungle and surround yourself in the virgin jungle. Among the more popular trekking trails are , Canopy Walkway & Lubok Simpon - 4 hour, Kual Bukit Teresek a Tahan & Bumbun Kumbang (Hide) - 4 hour, Gua Telingga (Ear Cave Exploration) - 2.5 hour, Lubok Simpon - 25 minutes & Lata Berkoh Waterfall Cascade - 5 Hour

Other Trekking Trails are Bukit Indah, Warisan Hill, Abai Waterfall & Putri Waterfall

Overnight Trekking Trails are Tenor Rentis Trail (16Km), Kuala Keniam – Kuala Tahan Trail (28Km) & Gunung Tahan (55km)

HOW TO BECOME A PROPERTY INVESTOR WITH 0 DOWN PAYMENT

ABOUT ME

One World Realty Amenny and Ivan Chong  take part of TV shooting program "property hunter"

Here it go.......

http://www.youtube.com/watch?v=KxrXhCIFyJw&list=UUXxiNqyjElWXxpvWo20-xOA&index=1&feature=plcp

Topic of sharing is about “How to become a property investor with 0 down payment” I believe this topic will bring a lot of interest to all reader in my Blog.

Currently I  owned 10 properties, herewith some secret and my experience from my investment.

I am a real estate agent and I  started to invest my 1^st property at my age of 25, I owned 5 properties at my age of 30. I buy and sell property to make profit.  All the property I bought thru normal Sale and Purchase procedure at my young age.

Three years ago, I start to discover the secret to become an investor with no down payment, and I had managed to bought another 5 properties with 0 down payment, it is a very interesting topic to share? I believe for young investor it is good to start your investment early.

Now let me share with you how I started to buy a property without paying a normal 10% down payment upon signing Sale and Purchase Agreement (SPA)

I discover this investment model during my study trip to Taiwan and when I meet up a young guy and he wrote a book regarding his journey of  become a real property investor.

I read his book and few other property guru on the successful property investment and I start to copy the success model, Generally they are few comment key similar in their success model.

I start to look for the property location nearby LRT and I make a study and survey every day thru Internet and calling the real estate agent who handle the specific property, finally I start my 1^st 0 down payment property  investment at Berjaya Times Square.

Here are the 5 keys of successful property investment:

5 KEYS OF SUCCESSFULL PROPERTY INVESTMENT

1st Key- LOCATION

BERJAYA TIMES SQUARE HOTEL SUITE

This hotel is centrally located in the heart of the business and shopping district of Kuala Lumpur. Housed within the Berjaya Times Square’s shopping mall, accessibility is the key trait with monorails directly connecting all strategic locations in town right to its doorstep. Well-appointed where every detail is vigilantly crafted to a fine balance, it is no wonder this hotel is touted the preferred destination for business and leisure

2nd Key-RENTAL YIELDS- ROI More than 6%

Calculate the gross rental yield 

Another importance point that all the property investor will look into it, is the Return of Investment( ROI), you must make sure the rental price will be able to cover the installment. It possible after obtaining the property you could put in some money for renovation and you are able to get a better rental.

The opportunity that I had during property crisis year 2009.

The property sell with tenancy of RM2,500 per month, and the asking price RM400,000, I manage to negotiate to RM370,000 and RM380,000

• To calculate and work out the gross rental yield, you will take the amount of annual rent collected and divide it by the total cost of the property. The result should then by multiplied by 100% for gross rental yield.

Formula =  Rental x 12/ Purchase Price x 100

Rental Yield = RM2,500 x 12/ RM370,000 x 100

                   ROI 8.1%= RM30,000/RM370,000x100

3rd Key-ASSURED INVESTMENT

During  purchase the property, the neighbourhood property is selling at RM800 to RM900 per sq ft. I request property owner to allow me to mark up the purchase price so that I could obtain a higher loan margin  from the bank. The sale and purchase price will be based on RM800 x 550 sf, RM440,000 and I immediately make RM70,400 upon purchase,which mean I had made RM128 psf from the property.

For 1st time buyer the loan margin can be up to 90% = RM396,000 

The differential sum of RM26,000 can be used to pay the legal fee or miscellaneous cost inclusive of refurbish the property.

APPLICATION OF LOAN

STEP 1- To be able to get a bank loan

The investor will need to have a strong bank statement and payment voucher or income proof to get a higher loan margin.

the tip to beginner and young investor is to get all the family member income to be bank in to your bank account, than upon submission of loan, you will just need to copy all the relevant document into a CD and pass it to all the banker.

STEP 2- To find a reliable banker and lawyer

Lastly get a good lawyer to prepare a Sale and Purchase Agreement and you will be able to get a great discount and big saving in your purchase transaction.

Until then, ladies and gentlemen, boys and girls, live happy, learn how to become a property investor and achieve financial freedom.

See me personally to find out more or call me at 0122094813,  please  email me at amenny@1world.com.my if you like to know more.

You may leave a comment in my blogger.

MONEY ADVICE FROM YOUR FUTURE SELF

Nicole Pedersen-McKinnon

April 8, 2012

It's worth investing in property and stocks to FUND YOUR RETIREMENT, and if things turn gloomy financially.

With the benefit of hindsight, Nicole Pedersen-McKinnon has a few tips for her younger self.

Dear younger, better-looking, more cash-strapped version of me,

This is your future self writing, martian-tini in hand, from Branson's new space resort. You see, it might not seem possible today but you get your financial act together. And yes, you rocket past your retirement dreams.

But I remember well how stressed you felt in 2012, so I thought I'd give you a heads-up on how you ultimately prevail.

Advertisement: Story continues below

CASH DOESN'T CUT IT

Sure, things got pretty scary on asset markets after 2008's mortgage-induced meltdown. I painfully recall the trauma of watching shares deflate, undulate and then stagnate.

But growth - a more subdued version - does resume.

However, that's not really the point. The point is that you need to hold some growth assets - stocks and property - to fund your retirement.

Sitting in cash might feel less nerve-racking, but of the 6 per cent you can now earn, half is eaten up by inflation and almost the other half by tax.

What you need is a broad spread of growth and income (cash and bond) assets, remembering high-yielding Australian shares can act like both. This is not just so there's potential for your portfolio to increase but also so the next time an asset class tanks, and at some point most will, it doesn't dramatically decrease.

The key is to ensure your asset mix remains appropriate to your risk appetite and age. Do us a favour and progressively invest more safely.

PROPERTY ISN'T THE PANACEA

Hopefully, by now, you've begun to accept an uncomfortable truth - property doesn't always go up, even in Australia.

I recall the 3 per cent national fall in 2011 and also that the performance of suburbs and areas across the country varied quite dramatically. Be aware that if an investment property loses you money each month - because you've negatively geared for the tax breaks - you need a big eventual capital gain to compensate.

Don't forget, either, that your home is one of the most valuable assets you'll own, so you already have a large chunk of cash tied up in real estate.

REGULAR SAVINGS RULE

The real secret to investing is not what you earn on savings and investments but how much you can save and invest in the first place.

Because, from my bird's-eye view, I can see just how spectacular compounding really is. The earlier you start, the easier you will succeed.

Start putting $100 a month into an investment, earning even a modest 6 per cent, at age 30 and by 55 you'll have more than $70,000, more than half of it from investment returns.

If you don't start until 40 you'll need to save $240 a month to end up with the same balance - and only $27,000 will be returns.

Wait until 50 and this leaps to $1000 a month - and you'll have to find all but $10,000 of your total. A hundred bucks a month is the equivalent of one less naughty snack or cup of coffee a day.

GROW AND PROTECT

Shoring up your future is just as much about defensive as offensive actions. In other words, get protected.

First, a healthy sense of scepticism is one of the best protections going. Never forget if it seems too good to be true, it is - and could even be a scam.

You don't get higher returns without taking a higher risk. Ever. If you can't take on that risk, don't invest.

Secondly, you need to protect your family and also your most valuable asset: your earning power. Take out life, total and permanent disability and income protection insurance as a minimum - today.

DOWN WITH DEBT

The interest savings from repaying debt are enormous - just as compounding works for you with savings, it sabotages you with debt.

If you let a home loan go full term, you can expect to repay far more than double what you initially borrowed.

So don't. Bear in mind that in the top tax bracket you would need to earn almost 12 per cent on an investment for that to be a smarter strategy than simply paying down debt, based on the average 7.4 per cent variable rate.

But the real power of the strategy is that, without the regular commitments of mortgage and debt repayments, there's much more money with which to reach your lofty goals.

MONEY IS FOR ENJOYING

Make your money work for you, not just the other way around. And to stay focused on wealth building, treat yourself along the way.

But don't bother saving for the jet pack. Sure, you can buy them now but landings are a bit hit-and-miss.

Stay financially grounded throughout and the stars are the limit.