Cheras is a massive suburban area located in the capital city of Malaysia, Kuala Lumpur with parts of it located in neighbouring state, Selangor. It is nestled in the southeast region of the city. It borders Ampang to the north and Kajang to the south. Both these cities are well established in the metropolitan vicinity of Kuala Lumpur, making Cheras a particularly progressive township.
Before you purchase a property, make sure you take note of these considerations: location, distance from office/workplace, proximity to public transportation networks, security and safety, and the price per square foot!
If you're an investor and you want to know whether the property you've bought (or are about to buy!) will bring in the profit you seek, then these calculations will help you figure it out.
As a property investor or homebuyer, you should know there are three types of property title in Malaysia, which is master title, strata title and individual title. But do you know what they actually are? Why is it important to understand these titles? And what are the differences between them?
An analysis using the Maybank HouzKEY example shows that you gain by investing the RM 120,000 with a 5% annual return. At the end of the 33 years period (3 years construction and 30 years loan), you will have about RM 256,000 in your bank account. Compare this with the situation considering only the cost where you lose money.
Being Valentine’s Day and people sending cards and gifts to their loved ones, why not take a moment to show some love and attention to your property interest.
