Reasons to renovate your commercial building

When it comes to a time where you are thinking of giving your property a new facelift and to make some improvement on it, but what are the major reasons that really drive you by putting your thought into action? Below are four reasons why renovating your commercial property will likely play to your advantage and how it will maximize your return in future.

Click on the link to read more: http://www.propertynet.my/selling-property-guides/item/78-reasons-to-renovate-your-commercial-building

Why Invest in Apartment Buildings?

What makes you to consider investing in apartment buildings? This would be the common question investor questioning themselves once they have decided to make an investment in property field. Nevertheless it is vital to understand which property that can maximize your profits. As so I’ll be listing several reasons for making investment in apartment building will be a smarter and cost-effective choice for you.

Click on the link to read more: http://www.propertynet.my/working-with-agents/item/81-why-you-should-use-land-trust

Tips for buying overseas property investment

If you want to make your overseas property investment successful, make sure you have taken appropriate time in order to research on the option available on your hand. This is because buying a property overseas can be exiting and profitable which will serve as a great income producer for you as well as a great retirement place for you in time comes. Furthermore focus on specific things when you making consideration to purchase the overseas property investment whether you want to live to or to let the property and so on. Here is little overseas property investment advice that can enable you to choose a successful and high-yielding investment.

Click on the link to read more: http://www.propertynet.my/buying-property-guides/item/70-tips-for-buying-overseas-property-investment

Ways To Buy A Home With Little Or No Money Down

I guess its everyone dream to own a home. However for majority home buyer are experiencing problem and difficulty to own a home nowadays as the price of properties keep on rising. Especially for new investor who has no credit history and having little cash prevent them to be qualify for a home loan, thus hinder them from owning a home of their own. Nevertheless there are always ways where you can buy a home with little or no money down. Many people did not realize there are ways to achieve this, and the key to this is to find a right lender and loan program.

Click on the link to read more: http://www.propertynet.my/buying-property-guides/item/64-ways-to-buy-a-home-with-little-or-no-money-down

Guide to successful real estate plan through internet marketing strategies

The truth that many years back things weren’t like nowadays as we don’t have things like Google, yahoo and so on to get more information through online. Therefore things like that were very limited to what we had access through online as times have change as compared now. As internet reaching more and more people around the world, many businesses adapt to the changing environment by actively promoting their businesses through online in order to reach more potential clients. Same goes to real estate, internet serve as marketing medium where its intention is to drive both marketing programs and customers together.

Click the link to read more: http://www.propertynet.my/selling-property-guides/item/67-guide-to-successful-real-estate-plan-through-internet-marketing-strategies

Choosing between old or a new house

It’s all your choice to choose an old home or new home. No matter what your choice it has advantages and disadvantages that you must take. So it all depends on your individual taste and preference whether you want a home that you can start from scratch and design your home nicely and get what you want or perhaps a house that already been furbished. As for the existing ones the reason for you to choose it, is mainly due to the limited cash that you are having or perhaps need a home that you are available to shift immediately.

There are few factors you have to keep in mind when choosing among these 2 choices and make sure that if suits you and your family.

The first one is the maintenance that has to be done on the home. Of course less maintenance that has to be done on a new home as compare to an older one. For example if you are taking an old home, you might have to spend a lot of cash on replacing a new water heater, new roofing and much more because it will start to have problem after usage for several years.

Secondly are price. Existing homes tend to be less expensive than new properties. As well, existing homes are likely to come complete with items which may represent new home extras such as blinds, landscaping, built in cabinet and so on. Thus if you are planning not to spend much on furniture or reconstruction, then consider taking up the old homes.

Next one are the location of the homes. Most of the time the existing homes are found in a more convenient metro core ares as compare to those new houses. This is because new houses are built on a location where the development of that area is still in progress, which haven't being fully develop yet.

Lastly in terms of energy efficiency. New home are found to built in with energy saving appliances where it could save up your electricity bills. For example insulation for heating and cooling or perhaps a solar panels which already pre-installed even before you moved in. Nevertheless you can install these appliances if you plan to take up an old home which will save up your money in future.

3,500 low-cost units in Selangor yet to receive rebate

It has been clarified by Selangor Mentri besar Tan Sri Abdul Khalid Ibrahim during the state assembly session in Shah Alam yesterday that total of 3,500 low-cost units in 14 low-cost apartment areas in Selangor have yet to receive rebates in the form of free water. This was due to a lack of valid building management in the low-cost apartment, or the building management’s refusal to commit to overseeing the distribution of the water rebate to the residents he added.

Lau Weng San (PR-Kampung Tunku) further question on the number of low-cost housing units which had received the free 20 cubic metres, as well as the number of those who had not received this benefit and what were the causes. He also asked whether water rebate programme would be extended to affordable housing apartments.

Khalid said that the rebates have been awarded to 61,215 houses at 216 low-cost apartment areas which are still using bulk meters and clarified that state government had determined that the policy of free water rebates for non-low cost apartments would be given automatically through the migration from bulk water meters to individual meters.

Meanwhile, Nik Nazmi Nik Ahmad (PR-Seri Setia) enquired on the number of low-cost apartments which had undergone refurbishment through the state government’s Ceria scheme for low-cost housing.

In reply, Abdul Khalid said the Ceria scheme was executed in phases, and altogether 71 buildings had been refurbished at a cost of RM9.7mil.

Things to consider before buying an auctioned property

Buying auction property is exciting and interesting as you know you may have an opportunity to get a property at a price much lower than the market price. But do you know how it comes initially? Most of the time it begins when a homeowner gets into difficulties meeting their monthly repayments and ending up the property will then either be put on the market through an estate agent or sold directly through an auction. Buyers who makes the highest bid during the auction process will get to buy the property as long as the bid price meets or exceeds the reserve price.

Click on the link to read more: http://www.propertynet.my/buying-property-guides/item/61-things-to-consider-before-buying-an-auctioned-property

Lease option benefit

What is actually a lease option? Basically, it is a lease that gives an option to renter to buy a home in future or perhaps serve as a period where buyers can restore their credit. Nevertheless it also gives real estate investors to generate long term cash flow by renting it out to tenants. Lease options are mostly being done by paying an initial down payment prior to the agreement to be sign. Terms and condition of the contracts must be explained in detail which includes monthly installment, interest rate, purchase price, expiry date and so on.

Benefit

· Buyer is able to move and stayed in the house without need to pay a 10% of down payment. Nevertheless home owners are able to get more money initially from lease-option as compare to rental deposit receive from normal tenants.

· Investors also able to get higher sales price for it. This is because whenever a property is staying by tenants are able to get higher sales price. This would create a perception to the buyer that the properties are worth to be purchase as there are many renters for this property.

· Good credibility of your ability to repay loan in future. For example if you having extra income other than your base salary, then it is very crucial for you to show it if you thinking of getting finance to purchase a home. As so this is one of the benefits you could get from having a lease option.

· Low maintenance costs. The investor of the property will not have to spend a lot of money on the maintenance of the property. This is due to whenever someone buys houses; it is assumed that the repair and maintenance become their responsibilities for that house. This could be very beneficial to you as an real estate property investor.
 
. As a buyer you can get a better feel of the neighborhood and make them self comfortable around the local culture. In this way they also get to test if the locality suits them for the kind of lifestyle they would want to live in future. You can plan to move on to other place earlier if it’s really do not suits you.

Thus you may find yourself whether as an investor, a buyer or seller are able to gain a lot of benefit from lease option and nevertheless it could give you a positive return no matter who you are.

5 tips for real estate investment

Most of us think that being an owner or landlord is an easy way to make money by investing in real estate investment. It can be true enough if you have an appropriate amount of cash required, planning had been made for some period of time, or perhaps certain strategy and system that make everything work out. With these, it able to reduce your risks and will help prospective buyer to become a successful investors. Here are several tricks that will be useful for you as investors.


click the link to read more: http://www.propertynet.my/buying-property-guides/item/58-5-tips-for-real-estate-investment

4 ways in achieving financial freedom

Imagine a life where you don’t have to bother about money anymore, you can buy and own anything’s that you want in your life. E.g.: luxury car, condominium, traveling around the world and so on. Once you able to determine the right path that you should take, it will help you in achieving financial freedom that you would want. Today I’ll be listing several ways and technique that will guide you in achieving it and to have a life you have always desire

 
click on the link to read more: http://www.propertynet.my/buying-property-guides/item/60-achieving-financial-freedom

Go green on real estate- Energy saving ideas

Energy saving could benefit us in the greater community as it will help in reducing the quantity of energy used and in the same time making your home more Eco-friendly. As today more and more consumers across nation who trying their best to lead a greener lives and more energy-conscious, which will lead to an increase in environmental value, financial capital, and human comfort. Nevertheless it does reduce the payer burden on the electricity bills at the end of every month with their homes as well as in their businesses. Below are few energy saving ideas that will have a big impact on your energy bill and also how to go green with your real estate.

Energy Conservation Tips:

1.Turn off all lights when there is no one occupying the washroom, bedroom and in-frequently used area. As according to ENERGY STAR state that as much as 20 percent of a home’s energy use comes from light bulbs.

2.Make use of natural light. With the use of natural lights will definitely reduce down your bills and nevertheless become more environmental friendly. You can ask the developer to install more skylights when your property is still in construction process or perhaps a well positioned window would allow more natural light to come in during the daylight hours. As so this will reduce down unnecessary electrical energy usage.

3.Install solar panels. It may cost you a lot of money for the installation of solar panels initially, however you must look in long run instead what you are paying for now. Keep in mind that once the solar panels have been install it will surely helps you to save more money in future as you will see a dramatically reduction for your electrical usage.

4.Place your fridge away from heat. This is because if the surrounding of the fridge is in higher temperature, the fridge will definitely consume more electrical energy to preserve the temperature inside the fridge. Therefore you have to place the fridge away from any electrical appliances that will emit heat and also avoid putting it in outdoor area. With the correct placement of the fridge, this will surely give you a promising result in time comes.

As a conclusion I hope these few energy conservation tips will be able to help you in future.

Ways to improve borrowing capacity

1. Credit card

Remember to take into consideration about your credit card. If you have any unused credit card just cancel it off or perhaps reduce the card limit. This is because banks are taking into consideration of the credit card when determine how much actually lenders can borrow. As so credit cards will have an effect on the amount of load you can actually borrow. Once you have reduced the limit or remove unused cards, it will improve your borrowing capacity.


2. Keep financial records up to date

It is essential to update your financial information by time to time in order to maximize your borrowing levels. Banks have begin to tightening their lending criteria and therefore if you are able to prove additional income that you could get rather only your base salary it could be an advantages to you. For example salesperson could get bonus payments in addition to their monthly salary. Thus it could be disadvantaged if you only show your monthly salary to your lender. It will limit the amount that you could actually borrow.


3. Reduce your Bad debt

Avoid lease/hire purchases which are considered a liability and decrease your disposable income unless you are self employed. If you have a company vehicle or allowance provide evidence of this. Lenders will take this cost off your living expenses. Never forget and try to pay off your personal loans because lenders will look into this matters. History on debts your are owning to credit card company, not able to settle car monthly installment, and so on will hinder you from getting a loan initially as well.


4. Pool the family's incomes.

Increase your chances of getting a loan approval by pooling the family's income together such as father's, mother's, and children's incomes. For instance, you want a home loan worth $1,000,000. But based on your income, you are eligible only for the amount of $500,000. Assume that your spouse is also working and have income as well; therefore you can pool your income along with your spouse's income to get the approval for the home loan.

WCT shares rise on land purchase news

(Bernama) KUALA LUMPUR: Construction and property development company, WCT Bhd's share price rose one sen to RM2.75 following news that the company had acquired 7.33 hectares (18.12 acres) of land in Medini, Iskandar Johor, worth RM99.4 million.

The counter, which moved between RM2.72 and RM2.75, saw 130,300 shares traded.

The venture marks WCT's third property development project in the Iskandar region and is earmarked for a mixed commercial development with an estimated gross development value of RM1.5 billion.

Kenanga Research said the acquisition is a positive move as WCT will be able to secure the earthworks job for the Tun Razak Exchange and the Refinery and Petrochemicals Integrated Development (RAPID) project in the near term.

"We are positive on this acquisition and believe that it is the right time for WCT to expand its property exposure in the Iskandar area," Kenanga Research said in a note today.

The research house has maintained its "outperform" recommendation on WCT with a higher target price (TP) of RM3.17 against RM2.74 previously.

Hong Leong Investment Bank (HLIB) said earnings from this development are expected to kick in from financial year 2014 onwards.

It also maintained its "buy" call on WCT with an unchanged TP of RM3.31.