QUOTE(Mamapapamsia @ Oct 4 2013, 04:16 PM)
Let me share some of my property investments so far. Turned 28 this year and thought that I had enough of renting and paying for other peoples dreams. I decided to invest in my own dreams!
2013 - This is the year I BUYBUYBUY after many years of hard work and savings.Bought a condo in Mont Kiara for about 900k,then another studio in Mont Kiara also for about 600k.
With all the Bank Negara restrictions,it was one hell of a struggle to get loans. But finally got the 90% loans required after being rejected by many banks.As it was my first 2 properties , it was easier for the banks to look at my application.
Luckily for me my DSR was only 45% which was well below the limit of 80%.I found out that maintaining a clean record in your CCRIS is so damn important!
Anyway, 2 properties in a year is enough for me...but more to come in 2014!!
Good one man bro.2013 - This is the year I BUYBUYBUY after many years of hard work and savings.Bought a condo in Mont Kiara for about 900k,then another studio in Mont Kiara also for about 600k.
With all the Bank Negara restrictions,it was one hell of a struggle to get loans. But finally got the 90% loans required after being rejected by many banks.As it was my first 2 properties , it was easier for the banks to look at my application.
Luckily for me my DSR was only 45% which was well below the limit of 80%.I found out that maintaining a clean record in your CCRIS is so damn important!
Anyway, 2 properties in a year is enough for me...but more to come in 2014!!
Keep it up and one day you can be like me. Turning 30 this year and sitting on 50M worth of properties, with my model wife, my Lamborghini Diablo and my Premier League football team (hey a man gotta relax somehow, right!)
Oh, you were being serious....?
Oct 4 2013, 06:56 PM

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