Tuesday, July 31, 2012
Friday, July 27, 2012
Owning a home isn't for everyone, particularly those who are just starting out in their careers. Of course, while shopping for apartments may not be as involved and complicated as looking for a house, there are still some important things to consider if you want to find success. By taking your time, determining what you can afford, and knowing what you need, you can get a place you will love. Here is a guide to finding a great place to live.
Design Your Budget
Don't go into your search for apartments without knowing how much you can spend. It's tempting to go about this backwards. You see what the average place is going for and then you try to shoehorn it into your income. Make a few cuts here, work some overtime there, no problem! This is bad and could be a one way ticket to an eviction in your future. Make sure you know how much you can afford, conservatively. Include utilities and your deposit (which may include first and last month's rent up front).
Nice apartments in shady areas of town are to be avoided when possible. You'll be far better off with a so-so complex in a really nice area of town. Of course, the most important consideration will be your immediate neighbors. Feel free to judge, since this is who you'll be living with for the next year or so, at least. Take a drive around and make some observations. Do the people seem friendly? Is this a place you would be proud to bring your friends? Think about these things carefully before you commit to moving in.
One way to avoid being dazzled by things that really don't mean that much (a fold-out ironing board for someone who has never ironed a stitch of clothing, for instance) is to make a list of some of the features that are essential. These could include a liberal pet policy, a strict noise clause, or a pool. Anything you can think of that you would like to ideally see in the apartments you look at should be added to the list. At the same time, however, remember to keep an open mind. Unless you live in a metropolitan area, your choices are going to be limited. Don't make an inflexible feature list so long that you would have to build your own complex to meet all of your demands.
Article Source: http://EzineArticles.com/7163601
Posted by Chic Urban Living at 11:13 AM
Thursday, July 19, 2012
BUTTERWORTH: The Northern Corridor Economic Region (NCER) drew private investments worth RM8.51bil in the first six months of this year.
Northern Corridor Implementation Authority (NCIA) chief executive officer Datuk Redza Rafiq Abdul Razak said the investments were in the three main sectors of agriculture, manufacturing and tourism.
“In line with the 10th Malaysia Plan, NCIA has raised the involvement of the private sector to catalyse the nation’s economic growth, besides enhancing the existing economic relations including with foreign investors,” he told reporters after the presentation of Construction Industry Development Board (CIDB) skill competency certificates here yesterday.
The ceremony was officiated by Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop. In 2011, NCER drew RM9.91bil in investments, up from the RM7.48bil between 2008 and 2010. Redza Rafiq said a total of 9,467 jobs and businesses were created in NCER between January and June this year. “More jobs will be offered from now to December, as we believe we can achieve this year’s target of RM12bil in private investments,” he said. — Bernama
Source: The Star Online - Saturday July 14, 2012
Monday, July 16, 2012
THE rising property market in Penang is due to the current demands for properties with facilities and amenities. Penang Master Builders and Building Materials Dealers Association executive advisor Datuk Finn Choong said because of the current level of expectations among buyers, the prices of properties were now trending upwards.
“As customers want more facilities such as lift three-storey bungalows, builders and developers will have to comply with the trend. “Nowadays, developers do not offer ‘bare units’ to the customers but properties that come with additional facilities and amenities which cater to the current market,” he said.
It is also vital to eliminate outstanding debts to improve one’s credit rating, said mortgage expert Michael Yeoh. He said as banks scrutinise clients’ repayment records in deciding on credit approval, a good rating could be priceless. “If one bank rejects your loan application, do not panic or immediately apply at another bank. Get to know your debt-to-income ratio first. Then you can improve your credit rating,” he said.
He also cautioned against needless credit card spending. He pointed to studies that show Malaysian lenders in particular, often repay just the 5% minimum each month. “Using RM10,000 as an example, they will need seven years to repay it, and end up spending RM4,500 on interest alone. “Don’t ever be a guarantor for someone else’s loan, because if they default, you will be blacklisted, spoiling whatever financial plans you have,” he said during the talk, “8 Mistakes Loan Borrowers Frequently Make”. The talks at the fair are sponsored by Hong Leong Bank.
Source: The Star Online - Saturday July 14, 2012
Posted by Chic Urban Living at 10:26 AM
Friday, July 13, 2012
The Star Property Fair is one if the most prestigious fairs that is held annually. Wellesley Residences decided to be a part of this happening event and a brand new exhibition booth now welcomes all those who wants to find out more about the Chic Urban Living redefined concept.
And to complete the new look of the exhibition booth, there is a new light box TV cabinet that is quite unique in design and appeal.
Even during a weekday, there is a crowd at the fair because of its locality - Gurney Plaza. Naturally, quite a number of visitors were curious about Wellesley Residences and the Chic Urban Living redefined concept.
Posted by Chic Urban Living at 9:31 AM
Wednesday, July 11, 2012
Posted by Chic Urban Living at 11:09 AM