Lowyat.NET: Latest topics in Finance, Business and Investment House

Low cost flat vs high rental condo.,

samftrmd — Tue, 05 May 2026 09:28:55 +0800

I'm at a stage to choose to maintain my fully paid low cost flat for below 800 rental, or sell it for 200k to service another multiple decades mortgage, higher yield rental condo.
I know low cost flat is easier to rent out, but selling it at good price require almost 50 to 100k to renovate it.
Getting a better rental yeild condo means talking risk of non performance, high fees, and worst exit strategy.

Anything else I have missed?

Insurance suggestions for newborn, Suitable insurance for newborn

kingman486 — Mon, 27 Apr 2026 14:26:28 +0800

Hello Everyone,

Would like to seek your kind opinions on a good set and forget reliable insurance for my newborn (now 4 months old).

Budget wise I am open to RM200 - RM350 a month (happy to consider other sums if it is the best value overall).

Focus wise, am looking for something necessary and anchored in reality. Things like RM15 million cap sounds good on paper but in reality not much use.

At the same time, am also looking for one myself too (age 31, married, healthy, non smoker/drinker). Any suggestions?

Note: I saw the news on the upcoming reforms etc, should I wait longer? Or buy now?

Any tips or advise would be very much appreciated!

Thank you!

Personal Finance App - Soft Launch, Budget Tracker App for Malaysians

watekungsik — Mon, 13 Apr 2026 20:51:46 +0800

Hey everyone,

I'm doing a soft launch for my personal finance app that built specifically for Malaysians and would love to get your feedback on any improvements or features you'd like to see

Current features:

24 expense categories tailored to Malaysia (tol, gas, TNG reload, groceries etc)

AI financial coach that speaks English & BM that can gives summary of your actual spendings, budgets and debts

Tax relief tracker for LHDN e-filing

Transport calculator - either by car or public transportation

Debt tracker with snowball/avalanche simulator

Couple mode - shared budgets with your partner

5 themes including a dark mode

It's free to use. Premium unlocks unlimited chat, receipt scanner and a lot more features coming soon.

If you're a content creator that have a platform, I would love to collaborate and create special offer for your audience. Please feel free to DM me

Available on both App Store and Google Play:
iOS Link
Android Link
What features would make this more useful for you? I'm actively shipping updates based on user feedback.

Where to get quick loan of around 80-100k, temporarily

keny0ng — Tue, 17 Mar 2026 13:02:55 +0800

Hi all!

I'm buying another house and selling my existing one.

Problem is I need to buy the new house first then only sell existing one. I need around 80-100k to sort out the new house (downpayment etc).

The old house should be sold in 1-2 months time which I'll immediately pay back the 80-100k loan.

May I know what's the best option for me?

Invitation-only fine dining events hosted by banks,

umboy — Sun, 15 Mar 2026 12:40:34 +0800

invitation-only fine dining events hosted by banks in Malaysia are typically reserved for high-net-worth individuals

How much AUM does your bank require?

Need advice on which account should I choose, Banking Account

umboy — Sat, 14 Feb 2026 12:13:56 +0800

What is the reason behind your choice ?

Edit
Reasons for private banking
1. Receive gifts from bank during festive season
2. Invitation to multiple annual event dinner

Reasons for multiple banks
1. PIDM protection
2. If one account hack, all my other accounts are still safe

This are my reasons
I still can’t decide which is better

Beef Import Permit,

reanimation_84 — Thu, 12 Feb 2026 13:22:55 +0800

Looking to import about 100-200 tons/month of beef from Australia. Looking for IP holders to work together. Thanks.

Fixed Return and No* Risk Alternatives to FD -V1, Rate and Campaign Sharing only

whycanot323 — Thu, 05 Feb 2026 23:32:02 +0800

While there is an existing thread, “Fixed Deposit Rates In Malaysia V. No. XX, Strictly for FD Discussion Only,” which has long been maintained and compiles fixed deposit promotions and the latest rates for users...

Due to the recent years of consistently low interest rates — almost all below 4% p.a. from traditional bank FD promotions — I am now looking for alternative low-risk or no-risk options that are non-investment in nature but offer fixed returns, such as KDI Save, Versa Cash, GXBank Pockets, and so on...

However, it is troublesome to scroll through individual threads created for each app. I am not interested in the issues faced by each app; I just want to know the promotions and latest rates.
Therefore, I decided to kick-start a new thread like this on the Lowyat Forum.

This thread is intended to discuss and share the latest promotional interest rates from any investment app, digital bank, or similar platform that meets the following criteria:
1. No discussion on fixed deposit rates from traditional banks (please refer to the original thread)
2. No investment-type risk involved *e.g. within the same app Versa, discuss Versa Cash only, NOT Versa Invest.
3. PIDM protection is optional
3. Pre-defined fixed returns with a stated tenure or campaign
4. Daily or monthly returns are acceptable

Rules: No referrals, ads, or self-promotion !!!

Let’s keep the discussion rock and roll

Mismatch Between Bank Code Format and UBS Export, Mismatch Between Bank Code Format and UB

clpiau — Wed, 04 Feb 2026 10:37:06 +0800

Hi,

We were recently instructed by our bank to stop using their proprietary application for generating payroll file. Instead, we now must use the bank’s newly provided Excel/CSV/TXT templates, which are then uploaded through the bank’s online portal.

We are using Access UBS Payroll currently supports exporting payment data to Excel through the External Application feature, where we can select the intended bank. However, the issue is that the bank requires the receiving bank code to be in alphabetic format, while UBS generates this field in numeric format.

I’ve already raised this matter with UBS, but they’ve informed me that no enhancement will be implemented unless at least two customers request the same change.

I would like to know if there are any other companies experiencing this same issue. FYI, The bank is Hong Leong Bank. Also we use several banks other than Hong Leong for salary payment and they have no problem to accept numeric format.

Thank you

LHDN Tax, Selling items overseas

speedbird90 — Tue, 03 Feb 2026 13:15:35 +0800

So long story short, I sent my watch for auction in Hong Kong. Estimated to fetch about RM80k - RM 120k subject to bidding of course. I filled up the auction form to wire money to my account. They can only do ONE transaction. No multiple accounts, no crypto. What's the best way to wire money back to my Malaysian bank account? And what about LHDN kena tax or not?

I read one-off auction winnings, personal item strictly non-business related no tax la, I called LHDN to ask they asked me to read this garis panduan cukai which is damn long and after reading I'm still confused, all about syarikat but this is individu. I called to explain they also can't answer me ask me to read myself lol.

https://www.hasil.gov.my/media/vjadzasd/202...an-jun-2024.pdf

Any insights would be appreciated, thanks.

SME Events, Looking for

taufoo — Wed, 21 Jan 2026 16:32:01 +0800

Maybank Yippie Account - Fees and Charges,

contestchris — Wed, 07 Jan 2026 14:44:24 +0800

I've look at the Maybank webpage, however some things are unclear.

https://www.maybank2u.com.my/maybank2u/mala...gs_account.page

1. Is there a minimum balance required?

2. Is there any dormancy if account is unused for prolonged period of time?

3. Is a debit card mandatory, and if yes, can we select a zero annual fee variant of the debit card?

Appreciate if someone with knowledge and experience can share the answers for this.

Term Investment account (TIA),

rahsk — Wed, 17 Dec 2025 20:34:10 +0800

What are your views, experiences with term investment accounts. They are like fd, but not protected by pidm. Higher rates too.

Has any one had tia that had issues or didn't pay as per the advertises rates?

HSBC Cash Installment Plan 3.88%!,

taufoo — Mon, 24 Nov 2025 20:17:13 +0800

Promo period for your credit card credit limit.

It says flat interest of 3.88% per annum. So if I borrow rm5k its rm194 interest for 12 months.

The terms I see is if below rm5k there is a one time charge of 2% which is essentially half.

So im thinking of applying for 5k even though I actually only need like 2.9k

My question is
1. Is it a good rate?
2. Anything i should be aware of for credit limit advance plans?

4500 Gross Salary Can Apply What CC Arr,

kesvani — Fri, 21 Nov 2025 19:25:01 +0800

About Tambadana or any other loan,

bluecat68 — Thu, 13 Nov 2025 16:01:43 +0800

I thinking to get myself a loan from somewhere to help go thru ongoing difficult moment but I need advise or opinion.

The question is simple. What's the most trusted legit loan company for Malaysian ?? Is Tambadana one of the trusted one ??

Thanks

Clawback of incentive and bonus by insurance,

Zoo Howl — Mon, 27 Oct 2025 17:49:12 +0800

Has any insurance agent faced this before?

A 2 year program but resigned after 3 months; within that 3 months received incentive and bonus not more than 20k

2 years later receive letter not LOD yet of clawback incentive and bonus, the insurance operator did mention name will be in LIAM sort of blacklist listing which i dont mind as i dont plan to be explore in financial or industry anymore

My question is what will happen if i dont pay them back?

Investment or what,

KronenZerg — Thu, 25 Sep 2025 15:26:03 +0800

Hello,
I would like to hear LYN $$$ experts on what should i do with an amount of USD150K?
How to do improve the gain or take advantage of this amount?
Options available -

1- Considering buying a property in KL as investment and renting it out, foresee getting back rental of RM1500 pending on location?
If i purchase a condo for RM500K and take 50K to reno .. might take 30yrs to recover back the except the property will be mine (Given to children)
Maybe price will appreciate .. i am not sure about shoplot ..
2- Transfer to FCFD, as in USD FD rate, which is getting 4% per annum.
3- Buy stocks or bonds (Seems like trend now .. as many banks are offering this)
4- Buy SG reit stocks and see the returns in dividend SGD but which REIT is good .. newbie in this.
5- Convert back to RM and keep in FD and move some EPF (Max of 100K only .. )

Can someone given some good advise .. i am retiring in 5yrs.

Thank you.

STAMPS by LHDN, for Stamp Duty submission online

taufoo — Tue, 23 Sep 2025 15:24:35 +0800

Anyone here used the STAMP online system by LHDN before?
https://stamps.hasil.gov.my/

Not sure what this error mean.
I basically submitting a partnership agreement between me and another company.

Fd rate down. Switching to bonds?,

asx26365 — Sun, 21 Sep 2025 08:12:01 +0800

I have been depending on fd income for years.

But now the rate is going down like only 3%. I seriously consider putting some fund to bonds. But then the income will twice yearly instead of monthly. Anyone in same situation like me?

Anyway pls recommend me some good reliable ringgit bonds. Not risk taker just want stable income.

Thanks