Skip to main content

Posts

For SALE - Suria Tropika Apartment, Seri Kembangan, 3 bedrooms 2 carparks

For SALE  -  Suria   Tropika  Apartment

MOT or Perfection Of Transfer. Important of registered property owner in the Strata Titles (condominium, serviced residences, apartment, flat, townhouse etc)

 4 advantages if property owner(s) has registered his/her name in the strata titles:- Property owner(s) rights are protected Expedite the process of transfer, charge and distribution of inheritance Join the management corporation Able to refinance What happens if property owner(s) not register his/her name in the strata titles?? Delay the process of transfer, charge and distribution of inheritance Face difficulties in getting loan approval. 转移分层地契到您的名下的四大好处:- 1) 您的物业所有权得以保障! 2) 简化转让,抵押,以及财产分配的过程 3)加 入 管 理 机 构 (management corporation) 4)再融资 (Refinancing) 如果没有转移的话,会发生什么事? 1)延迟转让,抵押,以及财产分配的过程 2)面临贷款审批问题

EPF i-Sinar - The pros and cons of withdrawing money from EPF Account 1

Beginning January 2021; EPF  contributors are allow to withdraw money up to RM60,000 from Account 1 via the i-Sinar facility Purpose of i-Sinar - to help those who have been impacted by the prolonged pandemic to make ends meet. The Pros of Withdrawing  "Helping" cash - With the i-Sinar facility, contributors will be able to lesser the financial constrain for up to six months (can be used as a top-up for the daily expenses such as food, house rent and  transportation etc) Help boost the economy - i t can help to further accelerate the economic recovery because as people have more cash in hand, they will spend to maintain their basic needs. This will then accelerate business activities as the will be demand for goods and services. The Cons of Withdrawing   Reduced retirement fund  take this situation as an example: Mr. Y currently has RM20,000 in his EPF savings account His monthly EPF contributions: 9% (new contribution rate in 2021) x RM1,680 = RM151.20. In a year, he’ll get

MCO 2.0 SOP for strata properties

Covid-19 pandemic, some states / district in Malaysia is having MCO 2.0;  what are the SOP for residents and JMB of condo / service residences ??? call LIM @ O16 - 2O1 5998 for buy / sell / rent of any type of properties.  

What is LAD (Liquidated Ascertained Damages)? Developer failed to deliver your house in accordance with the promised timeline.

  With developers failing to complete the construction and delivery of housing projects in accoirdance with the promised timeline, what then happens to the affected homeowners? Well, there is a clause in the Sale and Purchase Agreement (SPA) called Liquidated Ascertained Damages (LAD) that allows you to claim for compensation in such circumstances. The LAD is a contractually ascertained or pre-determined amount of damages that are claimable by either party in the event of a breach of contract (SPA). This clause can be found in the SPA. If you are buying a house from a housing developer, Clause 24 (2) of Schedule G of the Housing Development (Control and Licensing) Act 1966 (HDA) and Clause 25 (2) of  Schedule H  of the HDA provides that a purchaser has the right to claim for LAD for any delay in the delivery of vacant possession (VP) at the daily rate of 10% per year of the property purchase price. The delay in question would begin from the expiry of the period for delivery of vacant p

For RENT - Vista Tasik condo, Bandar Sri Permaisuri Cheras, nicely renovated

For RENT - Vista Tasik condo Location    - Bandar Sri Permaisuri, Cheras, K.L Call LIM @ O16 - 2O1 5998 for private showing appointment 1) Size : 1233 sqft 2) 2 master bedrooms 2 bathrooms 1 balcony 3) Partly furnished 4) Nicely renovated 5) 1 covered car park 6) Gated and guarded Vista Tasik is a low-rise condominium (with lift) comprised of eight blocks with five number of storeys in each block. The total Residential Capacity of Vista Tasik is 320 Units Vista Tasik offers its residents an attractive lifestyle and exceptional diversified culture. Social bonding is a crucial fibre that promotes harmony among residents. To bridge the gap between people from different culture, the developer has provided a Lounge area, recreational lake and a children’s playground, where residents can have the opportunity to interact with each other. Sports has always been known to exudes passion and sometimes help people to come closer. There is nothing fun in this world than having a friendly match at t