AskGuru Q&A Community

Hi Eric,how r U? I am Koh here, is a real estate agent with mortgage banker background. To fully and optimum ur investment with RM7k, u have to know what is ur investment appetite first.Anyway, property is a high risk investment for most of the plp, that's why need a lot of study and analysis before u do any property investment. Anyway,with RM7k, u have to calculate how much mortgage loan u can get based on these income. U have to deduct ur commitment first, then divided ur net income, so that to count how much instalment per month u can afford to pay for ur property.If any inquiry, hope that u can email me or watapp me, so hope that we can share more information about investment of property here in KL or Klang valley area.My number is 0193171998  KOH Read More

buy new project in kl area, call me Winson 012-2839931  for more information. thanks Read More

Firstly you got to choose the location which is convenient to you If you already got the location that you want to buy other details can be worked out call me if you need assistance James 0122113661  Read More

Hi Mr. Eric, my advise as follows:- 1. Budget - Based on one third of your gross income you are able borrow RM470,000 to RM500,000 for 30 years. Assuming loan margin is 80% then the value of property you should target is about RM570,000 to RM625,000. You will need to top up the difference of 10% with your savings or EPF Account 2 and budget 3% to 5% for lawyer fees for SPA & Loan Agreement, stamp duty and other costs. 2. Research on preferred type of properties & the locations. If you want a stable rental income then target ready condominiums or houses with existing tenants in good locations where there are decent expatriate community. If you want speculation on capital gains and maybe able to sustain without a tenant for a few months then you may consider buying a new growth area in the suburbs from a financially strong developer. The risks of your project being abandoned are higher now if you do not buy from the right developer. 3.Negotiate for a reasonably good price or obtain a discount or rebate from a developer. 4.Make sure you read & understand the Letter of Offer before signing and making deposit to book. Happy investing! Should you need further advise do contact David Wong +60193330573  or +60377289108  Thank you David Wong Principal QUANTUM real estate Licensed E(3)1320 www.quantumrealestate.com.my Read More