Posts

12 | Breaking News: Impact of Rising Property Legal Fees and Attractive Discounts on Buyers

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In recent news, two significant developments in the property market have caught the attention of buyers and industry professionals alike. First up, let's talk about the dreaded rise in property legal fees. Yeah, I know, it's not the most exciting topic, but bear with me. On the flip side, though, hold onto your hats because there's a ray of sunshine shining through those ominous clouds. Turns out, buyers can now snag jaw-dropping discounts of up to 50% on lawyers' fees. In this blog post, we'll dive into these contrasting developments and uncover how they could shape your property adventures.

11| The Tale of the Unaware Owner: Condo vs. Serviced Apartment

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Once upon a time, I had a delightful chat with an owner who unwittingly bought a serviced apartment instead of a condo. Bless the creative developers who conveniently forgot to mention the property type in their ads and marketing materials. To top it off, the salesperson conveniently neglected to educate this first-time homebuyer about the differences between condos and serviced apartments. Well, you know what they say—ignorance is bliss until you pay the price. So, my dear first-time homebuyer, if you find yourself in the dark about the disparities between a condominium and a serviced apartment, fear not! I shall shed light on the matter and equip you with the knowledge to make an informed decision. After all, you're about to make one of the most wallet-draining purchases of your life. Now, let's embark on this enlightening journey by understanding the basics of condos and serviced apartments. How can we best describe these two creatures?  I daresay both of them boast multiple

10| Residensi Wilayah: A Humorous Guide to Affordable Housing in Malaysia

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Hey there, folks! Today, let's dive into one of the hottest topics around the globe: the outrageous property prices. It seems like owning a home has become an Olympic sport that only a few lucky ones can afford. Well, guess what? Malaysia is in the same boat, my friends. A Government's Foot Down: Now, this isn't breaking news, my friends. The Malaysian government has finally said, "Enough is enough!" They've come up with a bunch of incentives to help ease the burden for first-time home-buyers. And let me tell you about one of these incentives that you should grab with both hands: the Residensi Wilayah. What on Earth is Residensi Wilayah? Residensi Wilayah, previously known as RUMAHWIP (I know, quite a mouthful), used to go by the name Federal Territories Affordable Housing Project. As the government changed hands, they decided to give this incentive a fancy makeover too. But fear not, my friends, the core principle remains unchanged: to provide affordable hous

09| Bumi Lot Unveiled: A Magical Journey into Property Ownership

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Bumi Lot property, my friend, is a splendid gift bestowed upon us by the government. Prepare to be enlightened about all things Bumi Lot, as we embark on a journey to uncover its mysteries. We shall commence with the definition of this enigmatic entity, who has the privilege to acquire these treasures, and what wonders and perils await those who dare to venture into the realm of Bumi Lots. Oh, and let us not forget the burning question: Can a non-bumi obtain the coveted Bumi status property? Fear not, for all shall be revealed in due course.

08| Secrets Behind Buying Unsold Properties

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In recent years, you might have heard rumors about our property market resembling an all-you-can-eat buffet, where supply outnumbers demand. It seems like developers are facing a tough challenge in getting their unsold units off the shelves. But guess what? This article unveils the secret sauce to land yourself an unbeatable deal on these untamed properties.

07| 6 Must-Ask Questions When Buying from Developers

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The journey of purchasing a house is filled with excitement and requires careful planning. Before diving into buying a new house from developers, we need to address several crucial questions. Here are six questions you must ask when purchasing from developers:

06| Secure your home purchase: Know the HDA

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When embarking on the adventurous journey of purchasing a new house from developers, we find ourselves facing higher risks compared to buying a sub-sale property. It's like traversing a treacherous jungle filled with the possibilities of abandoned projects, shoddy workmanship, and broken promises. But fear not, for the Malaysian government has donned its superhero cape in the form of the Housing Development Act (HDA) enacted in 1966 to protect the interests of us, the daring homebuyers.