Thinkproperty Blog

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  • Property agent vs agent's company letter of appointment

    hfchuraymond@yahoo.com on 16:12, Dec 8, 2010
    Tagged in: Untagged 


    Have just come across an experience where a property agent charges 3% for commission. If the deal is aborted, then it is 1.5%.

    Imagine the irony of such agent fees and they put the  Registered Valuer's endorsement of their registration number to blanket ride this ridiculous charges.

    This is almost unbelieveable given that commission is only meant when the sale is completed not when it is not successful.

     This explains why houseowners decide to sell without agent.

    Won't be surprise if this is a dying trade very soon ! 


  • Copy of bank loan documents verifiable

    hfchuraymond@yahoo.com on 17:36, Nov 16, 2010
    Tagged in: Untagged 


    Heard of bank loan documentations.

    Have you heard of bank loan documentations verifiable ?

    At no extra charge and hassle free. 

  • Rediscovery of Good Negotiation Skills

    hfchuraymond@yahoo.com on 18:15, Nov 15, 2010
    Tagged in: Untagged 


    This is one  of the most important skills one will need today especially in the real estate.

    Do you wish to tell someone something which is really a rediscovery for those who haven't reached where you are today?

    I haven't, then again, ... some secrets are meant to be secrets, unless it is not one before.

     Any comments ? 



  • Property Pricing Factor

    hfchuraymond@yahoo.com on 16:06, Oct 29, 2010
    Tagged in: Untagged 


    In most instances, not in many words, a purchase is as much as the property and usually pricing is tagged from the price before sale.


    In my opinion, a 1st time owner should be equally adequate to determine the price of sale, especially if property valuation is determined by loan repayment with the years passing together with bank interests.


    Surely, this is a factor which sale price is much a factor to be considered.


  • Share you some article link.

    bluebell_teh@yahoo.com on 22:32, Sep 30, 2010
    Tagged in: Untagged 
    I just read this article on Property Tax and Investment Property
    Share for those who are new in property investment.
  • Marketing Property or Not

    hfchuraymond@yahoo.com on 15:48, Sep 15, 2010
    Tagged in: Untagged 

     Many a times, we hear of comments and remarks of sales of property as marketing property.

     Are all sales a transformation of how the market rules are followed ?

    So far, there is yet any of such rules for public information.

    In my opinion, market rules are defined in the way the public see as reliable and sustainable.  What do you think ?

    You may write in a comment.  No rules on commenting unless you are not.

  • Property Value and Demand

    hfchuraymond@yahoo.com on 19:01, Aug 13, 2010
    Tagged in: Untagged 


     There is a saying, 'don't put all your eggs in one basket'.

    Some say, property value and demand is what makes the property sector grow year by year.

    Others say, it is a combination of various factors and support from all.

     In my opinion, economic growth is the sum total of every effort made to promote and sustain growth, whether short term or long term.

    What do you say ?


  • Koi Kinrara late delivery of vacant possesion.Part 2

    Adamshfoo on 22:41, Aug 3, 2010
    Tagged in: Untagged 

    Thank you for the comment earlier.Yes i have seen the housing tribunal to calim my 100% money.I think the developer finds the 'loophole' in the agreement.

    The reason is the housing tribunal only got the authority to claim from the developer if late delivery after any S&P signed after the date of APRIL 2007 .

    Unfortunately my S&P is signed on FEBRUARY 2007,that means the housing tribunal has no authority to claim the late payment for me.This is due to my property is a service apartment(commercial land but built a condo, that means it doesn't have to go through housing goverment approval).What the housing tribunal suggest is to employ a lawyer to sue them and claim the money through civil court and he guarentees i will get the full amount.

    My worries is that this would take at least a year going in and out of court and by the time i get the money is it worth it?

     That is what the developer counting us to do that mena we don't want the trouble and settle for less from the developer.They offer us the 70%(i believe they know this would happen that is why they dare to offer me this)

    Please advice should i take the money at 70% or get as much houseowner attention that has the same situation as me and complain to the relevant authorities?


  • Koi Kinrara Late Delivery of Vacant Possesion

    Adamshfoo on 09:00, Aug 3, 2010
    Tagged in: S&P and Legal
    I bought a new service apartment in Puchong called Koi Kinrara. According to the S&P, the developer should deliver vacant possession in 36 months or they have to pay penalty charges 10% calculated on daily charges. Now the developer is offering me to settle at 70% payment because they are late in delivering me the vacant possession for 5 months. Any other house owner encounter this problem?I need to know others as well because I estimated about 300 house owners are late in getting also the vacant possession.

    Please let me know your details so we can solve this together.
  • One Jelatek Condominium

    One Jelatek is an exclusive freehold condominium located along Jalan Jelatak in Setiawangsa, mere kilometres away from the Kuala Lumpur city centre. It is a project by the renowned developer, Tan & Tan.

    One Jelatek comprises of 19-storey and 21-storey blocks that house 90 units with built-up area ranges from 1,327 to 2,976 sf. There are 2 units per floor for the 19-storey block and 3 units per floor for the 21-storey block. Layouts available are 1 bedroom and a study room, 2 bedrooms and a study room and 3 bedrooms. It was launched back then in October 2007.

    Each unit of One Jelatek comes with quality finishes and fittings, split air-conditioning to living, dining, study and all bedrooms, tempered glass panels with swing doors at shower areas, built-in kitchen cabinets hood and hobs, and solid timber flooring. Its highlighted feature is, each unit comes with a 7.8-meter long balcony that lets you enjoy spectacular Kuala Lumpur skyline view.

    In term of its security, One Jelatek features proximity vehicle reader, CCTV, audio intercom and magnetic touch car at all entry points. There is Sky Terrace, a recreation floor located on the high floor that houses sundeck, infinity-edged pool and Jacuzzi.

    Amenities surrounding One Jelatek are just minutes away. There are several shopping centres nearby including Ampang Point, Great Eastern Mall and The Amp Walk. In addition, it is just mere minutes to prime shopping malls like Suria KLCC and Pavilion. Gleanegles Intan Medical Centre is located right at the Jalan Jelatek and Jalan Ampang intersection. International schools nearby include Sayfol, International School of Kuala Lumpur and Sri Utama. In terms of accessibility, One Jelatek is well-connected to the city centre via Jalan Jelatek and Jalan Ampang. Also, you can easily access to several highways including the Middle Ring Road 2 (MRR2), Ampang-Kuala Lumpur Elevated Highway (AKLEH) and Damansara-Ulu Klang Elevated Highway (DUKE) that lead towards Damansara, KL city centre, Sungai Buloh and Cheras. On top of that, this condominium is just within 50 meters to the Setiawangsa Putra LRT Station.