Lowyat.NET: Latest topics by nick_linz

Condo with long living room with windows

nick_linz — Tue, 11 Jul 2023 14:08:03 +0800

Hi guys. I'm looking to buy a new condo with budget ideally less than RM 800k. I'm trying to look for a place where they have long and wide living room with windows. With or without balcony is not important. Looking within klang valley area. Older buildings like 10years old or ready within 1 year is perfect.

Need some recommendations on what projects have this requirement. Some that I found:

Cheras - Windows on the park
PJ - Cora plus
Puchong - Zefer hill

Used 2020 mini countryman s vs new mazda 3

nick_linz — Tue, 27 Jun 2023 18:12:01 +0800

I'm want to get a car for myself. Couldn't decide. Hv always loved the aesthetics of mini countryman s but seems like mazda is more reliable in terms of performance.

I'm not much of a car guy. So long the car doesn't give me headache with issues, noisy interiors, breaking down etc then I'm good.

Haven't seen any new posts abt mini so thought you guys can give me some opinion on a 2020 countryman. Is it worth getting it?

MOT

nick_linz — Mon, 08 May 2023 23:16:07 +0800

My uncle bought a house at RM 300k 10 years ago. There is still outstanding amount of RM 30k. He wish to give the house to me and I will take over his loan with a local bank. I will not pay my uncle any money. The market value of the house is RM 600k now.

I guess it doesn't make sense for me to apply for housing loan since I'm not paying him any money and the balance is only RM 30k. A few questions:
w/o SPA:
1. Does MOT indicate the market value of the house?
2. If I want to sell the house after 1 year, how is the RPGT calculated? Will RPGT be calculated based on on the full RM600k as I kinda got it for "free"?
3. How is MOT fee calculated? Is it still based on market price RM 600k or can get the lawyer to quote much lower?

with SPA
1. Does it make sense to just do a SPA and say I purchase the house at market value RM 600k? But I don't actually pay my uncle any money. I will just give my uncle RM 30k to settle his bank loan separately
2. If I want to sell the house after 1 year and I sell it at market rate RM 600k, I suppose RPGT not applicable to me since I technically didn't "profit" cos SPA is RM 600k
3. MOT fee is calculated based on SPA price RM 600k?

Finally, is it ok for us to perform the MOT to my name first. Then I will just continue to pay off my uncle's housing loan on a monthly basis? Housing loan still in uncle's name. Or it's mandatory to have both housing loan and MOT under the same name?

Thanks in advance.

Build own house

nick_linz — Thu, 23 Mar 2023 12:32:11 +0800

Hi guys. I'm planning to buy a piece of empty land in Selangor and want to build a new house from scratch. Budget for house building (exclude land) is RM 800k.

Anyone has been through the process or knows what would b the steps to do this?

Any ideas is 800k is enough to build from scratch? My idea is a minimalist industrial type of design. 2-3 storey house (2k to 4k sqf) probably looks like a square box without much fancy interiors. Means no fancy feature walls that kinda thing.

Or anyone has any recommendations on contractors / architects who can help me handle this process end to end?

Sell house under mortgage

nick_linz — Wed, 04 Aug 2021 11:51:59 +0800

Hi sifu, need some help to verify if my calculation is correct if I sell a house which I'm still serving mortgage. I've rounded up the figures for ease of calculation. Based on my simple calculation I would have a profit of RM 22k. Anything I missed out?

Buy price (2011): RM 300k
Sell price (2021): RM 360k
Hold period: 10 years

Loan balance: RM 270k

Initial investment: RM 17k
Down payment: RM 6k
Renovation: RM 10k
Loan stamp duty: RM 1k

Monthly expenses: RM 36k
(a) Rental income: RM 1.1k
(b) Loan repayment: RM 1.3k
© Maintenance fees: RM 100

(a - (b + c)) x 12 months x 10 years = RM 36k

Sell cost: RM 15k
SPA legal fees: RM 3.4k
Agent fees (2%): RM 6.6k
Refurbish for sale: RM 5k
MOT: Buyer pays

Total profit = RM 360k - 270k - 17k - 36k - 15k = RM 22k

Agent commission

nick_linz — Thu, 15 Apr 2021 10:45:32 +0800

Hi, I'm currently exploring side job to be a property agent. Can someone give an idea of the general commission scheme that agencies offer? Such as how many % project leader, agents, agencies get etc.

This is for new development projects.

Allergies treatment - Chinese doctor

nick_linz — Mon, 12 Oct 2020 15:38:26 +0800

Hi, I have allergies to many type of food and I'm so sick and tired of not being able to eat in a normal manner. Peanuts, raw salmon, beef, duck, sugar which means not even fruits!

I rmb hearing abt this Chinese doctor that is pretty good at treating allergies. You bring household products you use daily and he can even tell you which product you're allergic to. But I can't recall who he is.

Anyone has any ideas the doctor I'm referring to? Or if there are Chinese doctors that are good in this?

Body weight training partner

nick_linz — Fri, 03 Jul 2020 15:05:13 +0800

I'm looking for training buddy. I'm mostly into body weight training at the moment.

I'm kinda stuck with my handstand progression so I need a partner to spot me. I can help you with your training as well. We can motivate each other too. I can do the variations of push ups, pulls ups etc.

We can train at open spaces/parks around Klang Valley or mutually convenient places. If you're a member at Fitness First gym, we can train there too.

Grab Financials

nick_linz — Thu, 21 Feb 2019 18:32:03 +0800

I read thaf grab is offering financial services such as loan to drivers. I'm not sure how to apply. Anyone knows if this service is available in Malaysia?

Shorea

Thu, 01 Jan 1970 07:30:00 +0800

Singles Event on 13 Feb 2016?

nick_linz — Wed, 10 Feb 2016 10:53:57 +0800

Yea I'm single and will be without a date this coming Valentine's Day. But I don't want to just syay home that weekend. Does anyone know of any single's events, i.e.: speed dating, or any type that caters to singles this weekend? Specifically on Saturday? Maybe I can meet someone special there...hehe..

New Year's Eve Plan

nick_linz — Thu, 17 Dec 2015 12:03:06 +0800

Nye is coming soon...what are you guys doing? I hope we can share some ideas on what to do or the best places to be to see fireworks and cam get to enjoy festive mood.

I'm thinking about going to a rooftop bar in city area so probably can see fireworks from there too.

Please don't suggest stay at home avoid crowd ya

[WTS] Armani Jacket (black)

nick_linz — Thu, 01 Oct 2015 10:39:13 +0800

Item(s): Armani Jacket (black casual)

Package includes: Jacket

Price: RM 3,000 (Original price RM 3,890)

Price is negotiable. If you like it then PM me and we can discuss on the price.

Warranty: Nil

Dealing method: COD or courier

Location of seller: Kuala Lumpur/Selangor

Contact method/details: PM me for my contact details

Age of item: 1week (bought on 25 Sep 2015)

---

Item(s) conditions: Excellent (only wear 1 time for dinner)

Picture:

My jacket is black colour. I'm providing online pics instead as it gives a much better view of the jacket.

Reason for sale: I shouldn't be buying such an expensive jacket because I think it's not within my means. It was an impulse purchase and I think I should be sticking with mid-range brands like Zara instead. I can provide you the purchase invoice so you can send it back to the store for adjustments if you need to.

The jacket is USA size 48. I'm 1.84cm slim built and it fits well.

Flowers

nick_linz — Tue, 08 Sep 2015 22:13:10 +0800

I'm planning to get flowers for a girl I know. We haven't officially started dating but I think she kinda fancy me too and I'd like to get her flowers to further express my feelings for her.

I'm think roses are too common and I'd like to go for something different yet lovely which led me to Calla Lilies. Problems is I read on the Internet that it's used in funerals for some cultures.
I'm wondering if anyone knows if this is the case in Malaysia? Any culture/race/religion use Calla Lilies during the funerals? I just want to be sure before I get this.

Btw, anyone had experience receiving/giving Calla Lilies? You think it's awesome?

Thanks.

RM90k Car

nick_linz — Sun, 05 Jul 2015 02:34:31 +0800

Hi guys...just joined the forum and would like to seek opinions to help me decide on which car I should get on a RM90k budget. I'm currently considering either a Korean (Cerato or Elantra) or a Japanese (City or Vios) car.

I know that Japanese cars have good reputations, very common on the Malaysia street while Korean cars are probably not as highly regarded, not as common but the specs and gadgets seems superior compared to Japanese cars.

So my questions are:
1. What do you guys think of the resale value of Korean cars? Would it be significantly lower than a Japanese car? I'm planning to drive it for 5-6 years
2. How affordable are the spare parts and maintenance cost of Korean and Japanese cars? Are they more or less similar?

Currently my preference seems to be towards the Korean car, quite keen on the Elantra sport actually. But kinda worried that it's expensive to maintain.

Appreciate the advice. Thanks!