Did You Know…

Skim Rumah Pertamaku vs. Skim Mudah Milik vs. Skim Pembiayaan Perumahan Kos Rendah

Gosh! Now only I realize we have so many schemes are actually helping Malaysian to own a house, especially for poor and group of middle income! There were at least of 7 schemes found from my finding! Skim Rumah Pertamaku (First House Scheme) Entitled for first home buyer only No need to pay 10% down [...]

Safest Countries in Southeast Asia – Malaysia No.1, Singapore No.2 (GPI Report 2010)

Where are the safest countries to stay in Southeast Asia? Malaysia? Yes, Malaysia No.1 and Singapore No.2. 1 April 2011 – According to PEMANDU (Performance Management And Delivery Unit), Malaysia ranked as the safest country in Southeast Asia and No.2 among Asian Countries as reported in Global Peace Index (GPI) 2010. Unbelievable for majority of [...]

960,000 Multi Millionaires Rich People in China – Hurun Report 2011

How many millionaires in China? According to Hurun Wealth Report 2011 from Hurun Research Institute and GroupM Knowledge Center, there are 960,000 multi millionaires in China! Thanks to the strong Gross Domestic Product (GDP) growth in China for at least the past 10 years as shown in the graph above and tremendously increased on the [...]

Facebook Founder Mark Zuckerberg & Girlfriend Priscilla Chan RENT HOUSE in Palo Alto, California?

To my surprise… Mark Zuckerberg and his girlfriend Priscilla Chan are living in a rented house in Palo Alto, California Mark Zuckerberg’s girlfriend is a Chinese-American Mark Zuckerberg is learning Chinese every morning

China Property Investment – 60% Down Payment for Buying Second Home

Image: eurasia.foreignpolicy.com How much down payment do you need to buy second home in China? It’s 60 percent!!! Malaysia Vs. China In Malaysia, we are paying 30% down payment for the third house onwards. For China, their minimum down payment for second home has been increased to 60% from 50%! The policy was announced by [...]

Buying Leasehold Property in Kuching Sarawak for 60 Years Only?

Is it most of the leasehold properties in Kuching were leased for 60 years only?! Is it true? I thought there are plenty of lands available in Sarawak? I was shocked when my client, Mr. Teo told me about it during my site survey on last week for a new project, located at somewhere nearby [...]

What is the Definition of Property Bubble?

A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets. It is characterized by rapid increases in valuations of real property such as housing until they reach unsustainable levels relative to incomes and other economic elements, [...]

No Standard SPA and Mortgage Financing Package For Buying SoHo Unit in Malaysia

If you are buying SoHo unit in Malaysia, most of the bankers treat it as a commercial property. Therefore, the housing loan interest rate for your mortgage financing package will be using commercial rate, which is about BLR – 1.5% instead of BLR – 1.8% for residential properties. Bear in mind, the margin of finance [...]

Bankruptcy Statistics Based on Credit Card Debts in Malaysia

We have total of 3.2 million credit card holders nationwide last year. Did you know how many of them were failed to pay credit card debts and caused them bankrupt in 2009? Make a guess? On average, the percentage of credit card holders declared bankrupt was only 0.04% out of the total number of principal [...]

More Than One Million Shoppers Have Visited Tropicana City Mall in SS20 Petaling Jaya

“Since the opening of Tropicana City Mall in 18 December 2009, more than one million shoppers have visited it,” says Managing director of Dijaya Corp Bhd, Datuk Tong Kien Onn. The mall receives some 4,000 visitors a day and double the number on weekends, he adds. The mall is leased out for recurring income. Occupancy [...]


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