Malaysia Money Matters

The location for this development by the Beverly Group seems kind of good, at the main crossroads of Jln Setiawangsa, Jln 34/26 and Jln Mohd Yatim Yahaya. It is diagonally across Riana Green East and opposite Infinity 3. Freehold. Yeah! There was a soft launch and the showhouse looks like it's almost ready. Would be something I'm interested in as an investment. It is fairly low density at 428 units. Close enough to walk to the Sri Rampai LRT station - although if the developer is smart, they should offer a shuttle service to the station during rush hour, or be innovative - hire some mat rempits to make some extra cash in the morning ferrying people to the station LOL The crossroad is being upgraded and expanded right now to alleviate the heavy traffic jam at the traffic lights, so should be better flow in future (haha who am I kidding, it will only be smooth for a while before more and more people move into Seasons Garden, Irama, Infinity and the new block at Rian...

Upcoming launch of a project at the border of KL and Selangor! LOL The earthworks have been ongoing for a while and the show house can be seen to be nearly completed, that's why the siding now has the name of the project along with the number to call for registration. The information available is that the developer is Kerjaya Prospek Group - they have completed a few projects so far: 222 Residency, 288 Residency, The Shore and Veridian Cheras Idaman. Based on the location of this new project, I think there are more pros than cons - so, tl:dr version is I think it's good. Let's break it down: Location - the corner of Jalan 6/27A and Jalan 1/56, it is currently in a very quiet and green part of Setiawangsa. Here are the maps: As you can see from the Earth version of the map, the trapezoid is the earthworks for Setiawangsa Residency. Fengshui-wise, the position is good: It has a mountain behind (Bukit Dinding) signifying strong support and the Klang River is...

I created a simulator based on price, loan paydown, market value, profit on sale (including RPGT) and compared against using the same cash outlay into FD or investments. Running the 2 investment options against each other, while property wins in the long run, the returns actually flatten out over a long period of time because a cash investment (e.g. even at the safest asset class which is FD) gives an ever growing rate of return while a property's value growth slows after 8 to 9 years! That explains why mortgage portfolios price their rates on an 8-year longevity. Here is the final result of the simulation with the RPGT in place means that while you are better off holding in FD for 5 years, your maximum return is within the 7-9 year window before the property value growth begins to flatten: So you would break even at year 5 and have to hold for a few more years - up to 10 or 11 if you want to cash out more but that's up to you. update: Some anonymous reader ...

Firstly, on a macroeconomic level, I think this is a good move. Increasing disposable income will increase consumption, hence increase overall economic output - thus the economy will continue to grow. Taking a more nuanced view - even if a lot of the increased income flows to debt reduction, this means less pressure on capital requirements on bank balance sheets. However, revenues will suffer slightly in the short term but in the medium term, this frees up capital to lend - this will stimulate growth. So the debate is raging on social media on what should one do and there are of course all sorts of accusations and pictures of calculations showing how much you will pay on GST, taxes etc .. there are so many angry people out there... sigh My suggestion is very simple - You Do What is Best for YOU . Don't Listen To People Telling You What They Want You to Do Just Because That Is What THEY Want To Do Themselves! So what is best for you? I've broken it down to 3 main categ...