Category: Finance & Investment

Securing a loan can be a complex and time-consuming task. When it comes to getting your loan approved, one crucial factor that holds significant weight is your debt service ratio (DSR). It’s essential to understand what DSR is and how it can affect your loan approval. Lenders consider various aspects, including your credit history and…

Ever wondered why your loan application gets accepted by one bank but rejected by another? It all boils down to your credit history, and in Malaysia, the key player is the Central Credit Reference Information System (CCRIS). This guide will help you understand CCRIS, access your report, and get the most out of it. Think…

Ah, the thrill of house hunting. It’s like online dating, only instead of awkward silences and questionable bios, you have dodgy paint jobs and suspiciously enthusiastic property negotiators (“This fixer-upper just screams ‘potential!’”). You scroll through listings, heart-eyes emoji glued to the screen at every granite countertop and manicured lawn. It’s love at first swipe,…

(Source: The Star, Jan 30, 2024) Owning a home, a dream for many young Malaysians in major cities, is slipping further away due to skyrocketing prices and other financial woes. Here’s a closer look: Pricey Dreams Beyond Money A Worrying Trend Finding Solutions Time is of the Essence: Don’t wait! The longer you delay, the…

Buying your first home is an exciting milestone, but it can also be daunting, especially for millennials facing a changing housing market and economic landscape. To help you navigate the process and avoid common pitfalls, we’ve updated this article with the latest insights and tips for millennial homebuyers. Underestimating Costs One of the biggest mistakes…

The Malaysian property market is expected to see some interesting shifts in 2024, and securing the right mortgage will be crucial for successful property investments. Whether you’re a seasoned investor or just starting out, navigating the evolving landscape of financing requires accurate information and strategic planning. Here’s a comprehensive guide to help you prepare for…

Before you decide which property to buy in Malaysia, it’s crucial to understand the differences between strata title and individual title properties. These terms are about how ownership is shared. With strata title, you own a part of a bigger building or complex, together with others. It’s similar to having a piece of a puzzle.…

Dual-key condos have a well-established presence in Malaysia. In this article, we address crucial inquiries such as: ‘Who stands to benefit from owning a dual-key condo?’ and ‘Does investing in them make sense?’ While dual-key condos have enjoyed popularity in countries like the United States, Sweden, and Australia for a considerable time, they have gained…