Property ownership is subjective as it’s truly to each person's own, and how they decide to make the best out of what they have. Therefore, you have to understand the Pros & Cons about purchase a sub-sales property or [...]
What is CCRIS Report? The Central Credit Reference Information System (CCRIS) is a system created by Bank Negara Malaysia’s (BNM) Credit Bureau to provide standardised credit reports on a potential borrower. CCRIS is basically a centralised database which offers a picture [...]
According to Budget 2020, government will collaborate with financial institutions to introduce a Rent To Own (RTO) financing scheme to assist for the first time buyers those unable to afford the initial 10% deposit and access to financing to [...]
When Google and Facebook startled the world with their hip working culture, other companies strove to emulate them — if not their culture, then at least the working spaces that helped foster it — as long as they could afford [...]
What is Freehold Property? Freehold property is when the state sets aside a plot of land and disposes it indefinitely to an individual. This is obvious when developers build freehold bungalows, private housing and condominiums. As the developer owns [...]
Debt Service Ratio (DSR) The DSR is meant to show how much of a person’s income is used to service debt instalments, and is represented as a percentage (%) of income. It is derived from 2 main components: Total Commitment + [...]
To many, blacklisting caused by CCRIS and CTOS are often the last hurdle in the application of a much-needed loan for businesses or housing. Often misunderstood for rejecting loan applications and backlisting PTPTN defaulters, these two agencies are often looked upon in [...]
The “Skim Rumah Pertamaku” or My First Home Scheme was first announced in the 2011 Budget by the Malaysian Government. This is one of the good initiatives taken by the government to help young adults earning RM5,000 per month or [...]
According to the recent news reported by New Straits Times, property experts see the new Skim Pembiayaan Fleksibel (SPEF) for the 1Malaysia People’s Housing Programme (PR1MA) as a great start to address the issue of home buyers who are unable [...]
In recent news reported by SinChew.com.my on 30 October 2016, a tax payer from Penang was received a letter from Inland Revenue Board, refer that he was “excess” performed property transactions in the past few years. Therefore he has to [...]
