WISE MAN REALTY

05/10/2021

We are honoured to be able to assist the Malaysian Ministry Of National Unity in identifying a suitable premises as one of their mediation centre.

The Minister Of National Unity YB Datuk Halimah Binti Mohamed Sadique was inspecting the premises with our Principal Shawn Chai and our associates Sally Wong Tyler Tan.

The mediation centre is a place dedicated for Malaysian to resolve their indifferences, arguments and disputes - one of the government efforts to promote unity in society for a better Malaysia.

21/08/2020

【 #筍盤特集】Shah Alam, Sec 16, Ken Rimba
🏠唔想走寶? 🤩PM即睇 有咩筍貨?


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07/07/2020

Another OPR cut by Malaysia Central Bank. With the FD interest rate being less attractive, will the money flow into stock and property market?

At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 1.75 percent. The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.00 percent and 1.50 percent, respectively.

27/03/2020

Can the “Force Majeure” clause in the Tenancy Agreement be used by the tenant to suspend rental payment in the case of MCO?

KUALA LUMPUR, March 27 — Malaysians have been told to close all non-essential businesses for four weeks until April 14 to slow the spread of Covid-19, but what happens if tenants face financial difficulties or income loss as a result of this and are not able to pay their landlords on time? And...

25/03/2020

With the recent announcement by Malaysia’s Central Bank (BNM) on the implementation of Moratorium on repayment of loan - you might wonder how would it affects your housing loan repayment?

After verified with few banks, we may summarise it as follows:

1) Interests will still be charged during this 6 months period, and these interests will be added into your outstanding loan amount.

2) When BNM revises Base Rate, the banks will recalculate your instalment amount based on your new outstanding loan amount and new rate.

3) Example: Assume your current instalment amount is RM 3,000, and your monthly interest is around RM 2,000, so after 6 months, total RM 12,000 will be added into your total outstanding loan amount. If your current outstanding loan amount is RM 600,000 and you enjoyed moratorium by not paying your mortgage until September 2020, by then your outstanding loan amount will be increased to RM 612,000. When the Base Rate is revised, your instalment might be increased based on the latest rate and new outstanding loan amount, with no change on your loan tenure. Or you may request for lower instalment amount with longer tenure.

Do you think it’s good for you? 🤔

04/12/2019

KL Ranked Second Best City In The World For Expats 👨👩🏻‍🦱🧑🏻‍🦰👳🏿‍♂️🧔🏻🧑🏼‍🦱👨🏽‍🦰🧑🏻‍🦳👨🏾👨🏽‍🦲👨🏻‍🦳

PETALING JAYA (Dec 3): Asian cities top the Expat City Ranking 2019 which saw Malaysian capital Kuala Lumpur coming in second behind Taipei. The ra...

06/11/2019

How does a Real Estate Agent get paid?

12/10/2019

Budget 2020’s Real Estate highlights

Rent-To-Own scheme To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be wo...

20/09/2019

5 Tips for Creating a Mindful Home

30/08/2019

Malaysian’s property market benefited more from HK protest, as compared to Singapore.

Hong Kong citizens purchased just 12 apartments in Singapore in the first half of 2019, down from 32 in the first six months of 2018.. Read more at straitstimes.com.

03/08/2019

Consequences of not paying building maintenance fees!

OWNERS of three units at Vista Hatamas in Cheras learned the hard way the danger of ignoring notices from the Joint Management Body (JMB) to pay up long-overdue maintenance fees.

14/07/2019

Buyer’s market to be continued?

The secondary market of high-rise residential properties in Kuala Lumpur and Selangor was muted in 1Q2019, says Savills Malaysia director of research and consultancy Amy Wong when presenting The Edge/Savills Klang Valley High-rise Residential Property Monitor for that quarter. However, the primary m...