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Mr Bond, Subang Jaya (2026)

26/11/2024

🏡 Exclusive Deals for a Limited Time!

Own a brand-new FREEHOLD condo in Subang Jaya starting from RM600K with 0% Downpayment!

✨ Enjoy amazing perks:
✅ Free MOT
✅ Free SPA Disbursement
✅ Free Legal Fees
✅ Low Density & Pet-Friendly Central Park

🚪 Units are selling fast—don’t miss out! Book now with just RM200! Hurry! Limited units are available, and this offer won’t last long.

📲 Contact me directly via WhatsApp to learn more:

https://wa.me/message/3M7EDPIHK2RJN1

24/04/2024

High-rise buildings and landed houses offer distinct lifestyles and have different characteristics.

High-rise buildings:
1. Vertical Living:

High-rise buildings offer vertical living, with multiple floors and units stacked on top of each other. They are typically found in urban areas where land is scarce and expensive.

2. Density:

They accommodate a large number of residents in a relatively small footprint, leading to a higher population density.

3. Amenities:

High-rise buildings often come with amenities such as gyms, swimming pools, and communal spaces, providing convenience and social opportunities for residents.

4. Views:

Units in high-rise buildings often offer panoramic views of the surrounding area, especially from higher floors.

5. Security:

Many high-rise buildings have security features such as controlled access points and surveillance systems, enhancing safety for residents.

Landed houses:
1. Horizontal Living:

Landed houses are typically single-family homes that spread horizontally on a piece of land. They are common in suburban and rural areas where land is more abundant.

2. Privacy:

Landed houses offer more privacy compared to high-rise buildings since they are standalone structures with their own yards or gardens.

3. Space:

Landed houses often provide more interior and exterior space, including yards, gardens, and parking areas.

4. Customization:

Homeowners have more flexibility to customize and modify their landed houses according to their preferences and needs.

5. Community:

Landed houses are often part of residential neighborhoods, fostering a sense of community among residents.

Choosing between a high-rise building and a landed house depends on factors such as lifestyle preferences, location, budget, and personal needs...😉

24/07/2023

What is a freehold property⁉️

Freehold property belongs entirely to the owner with no control from the government. This is evident when property developers build freehold bungalows, private homes and condominiums on a piece of land.

Since the developers own the land, its ownership – which is in the form of a Master Title – will be transferred to the buyer of the property built on it, provided it is a landed home such as a terraced house or a bungalow.

In the case of a condominium or other high-rise residential properties, the buyer of a condominium unit will merely gain a stake in the residential development, but the developer retains ownership of the land.

The ownership in this scenario will be distributed by the developer in the form of a Strata Title.

Advantages of Freehold Property in Malaysia‼️

🌐There’s no certain timeline required or to be observed when developing a freehold land.
🌐There are fewer and less stringent limitations on transferring their land.
🌐For properties that have been converted from leasehold to freehold, the state’s consent is required when transferring ownership. These are then known as restricted freehold properties.
🌐Owners have the right to subdivide and allocate the property, although still subject to town planning controls.

What is a leasehold property⁉️

A leasehold property is owned by the government and can only belong to its owner for 30, 60, 99 or 999 years.

Advantages of Leasehold Property in Malaysia‼️

🌐A leasehold property would be priced slightly cheaper than a freehold one, thus making investments more value for money given the lower entry cost and higher rental yields.
🌐Due to the nature of its tenure, developers tend to make their leasehold properties more attractive and equipped with facilities and features.

11/07/2023

What Is Stamp Duty Malaysia?

Stamp duty is a essentially a fee on legal documents such as the instrument of transfer and loan agreement when you purchase a house. Stamp duty can be complicated, but never fear, we’re here to help you understand it better!

Now, what does that mean in practice? Let’s explore a simplified example.
A property valued at RM500,000 today would be liable for charges across the first two tiers that we mentioned above.

Stamp duty would be charged according to 1% on RM100,000 of value and 2% on RM400,000 of value.So what will the stamp duty be?

✅RM1,000 stamp duty owed on the first RM100,000 value (1% x RM100,000)

✅RM8,000 stamp duty owed on the next RM400,000 value (2% x RM400,000)

✅Thus, RM1,000 + RM8,000 = RM9,000 stamp duty owed in total

Stamp Duty Malaysia On A Loan Agreement

It’s also important to factor in the stamp duty owed for any loan agreement which may be entered into as part of a property purchase.

As an important legal document, the loan agreement is also liable for stamp duty. Stamp duty on a loan agreement is a flat 0.5% rate, applied to the full value of the loan.

So, for a property priced at RM500,000, you would typically apply for a 90% loan (RM450,000) – as 10% of the property price will be for the down payment,which you would need to fork out yourself.

Thus, if you take out a loan of RM450,000 to cover your hypothetical property purchase above, you’re liable for a stamp duty of RM2,250 on that loan (0.5% x RM450,000).

Let’s go through this step-by-step. For your hypothetical property worth RM500,000, this is how you calculate your total stamp duty for the instrument of transfer AND loan agreement:

✅Stamp duty for instrument of transfer + Stamp duty on loan agreement = Total stamp duty to be paid

[(First RM100,000 x 1%) + (Next RM400,000 x 2%)] + 0.5% of loan amount (RM450,000)
= (RM1,000 + RM8,000) + (0.5% x RM450,000)
= RM9,000 + RM2,250
= RM11,250

Remarks;- Stam Duty On A Loan Agreement can finance into a loan.😊 So need to pay by cash or use from your pocket money.

02/07/2023

5 Advantages Of Buying An Under Construction Property

🌐Lower Prices
The difference in pricing between a possession-ready property and under-construction property can vary from anywhere between 10 and 30%. Provided that the location, property area, property type and builder are the same. Though you would have to wait to move into or rent out your new property, the price difference will surely be worth the wait.

🌐Higher Price Appreciation Rate As the construction of a property progresses, its price increases too. Moreover, during this period, the development in the surrounding infrastructure also adds to the value of a property. Which is why, buying a property in its as nascent stage as possible is a wise decision. Though the price of a read property increases too, the rate of increase may be slower and the returns lesser.

🌐Flexibility Of Payments
In case of a ready property, the buyer has to pay the entire amount at once or within a short interval. But in the case of an under-construction property, there’s much more payment flexibility. Buyer can book a property by paying the token amount and pay the rest comfortably over a long period of time (until the construction completes).

🌐New Construction
When the construction of an under-construction property completes, you move into a brand-new home with no maintenance problems and long life. Moreover, you get to enjoy the latest amenities and facilities available in the market. In case of ready properties, the home buying experience may be tarnished if the construction is old.

🌐Offers
Being ready-to-move-in is the key differentiator for ready properties. Reason why, you would hardly find any offers on them. On the other hand, you can easily find a variety of schemes and plans on under-construction properties.Comes with Zero Downpayment,Cashback from RM5,000.00 to RM60,000.00.And thats real.

02/07/2023

What you need to do before buying a house.Check your DSR(Debt Service Ratio).⁉️⁉️

What Is Debt Service Ratio?

It is a comparison of your debt commitment to your income. In other words, how much of your income will be used to repay your loans.

DSR = Total debt Commitments per month/Total income per month

Let’s use an example. Ahmad earns RM4,500 a month. He has a car loan that requires him to pay RM800 each month and a home loan that requires him to pay RM1,600 each month in mortgages. Using the formula above, Ahmad’s DSR is 53%.

Ahmad's DSR = RM800+RM1600/RM4500
RM2400/RM4,500 = 53%

Banks generally, will accept a DSR below 60% for all debt commitments you have. This means that if Ahmad wants to apply for a personal loan in the future, he cannot have additional monthly commitments beyond RM300, unless his earnings per month increases.

The DSR is calculated using your net income. This is the amount you get after statutory deductions for EPF, SOCSO and taxes (PCB) have been made. Also important to note is that the monthly commitment calculation includes both bank debts and non-bank debts. These include PTPTN loans, payment instalments from non-bank institutions like AEON Credit, FlexiPlans by COURTS, and others.

It is advisable to maintain your DSR between 30 to 40% range at all times. This indicates that you have more disposable income than debt obligations on a monthly basis.

01/01/2023

Happy New Year❤️

This year will be our year and be better.😁

20/06/2020

Be positive always❤️

Mr Bond

26/11/2024

24/04/2024

24/07/2023

11/07/2023

02/07/2023

02/07/2023

01/01/2023

20/06/2020

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