Lowyat.NET: Latest topics by Exodius

Best ROI mortgage calculation - case scenario

Exodius — Mon, 17 May 2021 17:12:36 +0800

Hi everyone, am very busy and not very good with maths calculation, so would like to ask for the sifus and experts here for opinion to maximize my return.

I am getting 2 similar properties as below, and I will be selling off these 2 properties in 3 years. (please do not get yourself concern on whether I will be able to sell it a not, just wanted to know which is the sensible option if I am selling it in 3 years).

Loan tenure: 35 years.
Property value - RM 353,000
Loan Amount: 317,700 at 90%.

loan options:
1) Non MRTA - 3.1% - RM 317700
2) 5 years - MRTA & CI - 317700 + 2360 = RM320,060- 2.95%
3) 5 years - MRTA & CI - 317700 + 2360 = RM320,060 - 1st year loan - 2.85% 2nd year 2.97%

I have done some basic calculation and has eliminated options 2 due to 2.95%.

Remaning options are
1) Non MRTA - 3.1% - RM 317700
2) 5 years - MRTA & CI - 317700 + 2360 = RM320,060 - 1st year loan - 2.85% 2nd year 2.97%

Done just a very basic calculation, and I felt that the NON-MRTA options yield the best, as I am only saving around an extra RM 40 per month by opting for the lower interest rate, while saving on the additional RM 2360.

Which options of the above will yield the best return if I will sell these properties in 3 years? Appreciate everyone's advice on this. Thank you.

studio recommendation? Thanks!

Exodius — Sat, 27 Jun 2020 11:40:46 +0800

Hi guys I’m currently looking for a studio for rent. Budget 1k-1.4k Just for the room. Yes I know of utilities being expensive etc

Work around prime area OKR/midvalley and so far only have found 2 suitable studio

1) expressionz exsim
2) empire city - Marriott international
3) empire city - halo (very cheap but the review and security is absurd)

Would appreciate if you have any suggestion as my knowledge is quite limited when it comes to surrounding studio / soho.

Blacklisted the following:
1) SCOTT garden ( a lot of prostitute and very chaotic?)

P.s if there’s any high class condo with 2 room (e.g south view) for suggestion it’s good as well!
Just wanted to minimise tenants around the place I’m staying.

Many thanks for this!

Dilemma ! Which job to go for?

Exodius — Tue, 06 Aug 2019 16:09:35 +0800

As per question

I am currently still in entry level position with limited experience(less than 1 year), would love to expose myself to more learning opportunities and workload.

My current 1st job is paying around 6-7k Basic, but the workload is extremely low these days (been for half a year). Basically I am only working for 2-3 Hours in the office, and spent the rest of my time reading books or doing whatever.

Tried to apply to other company but due to my limited experience and the budget of the other company, they could only offer around 4.5k-5k for Junior with <1 year experience

What I am currently afraid right now is the possibility of myself lagging behind my peers in terms of practical experience and knowledge, as I don't really have much hands on work, and compensating it through reading would not help.

Should I try looking for other similar jobs with maybe higher pay and stay for now (this is hard and its wasting my time as time goes on)? I have wasted half a year now and I don't feel like I am adding any value to myself. But then again Current Salary is important to negotiate for higher salary in the future. So what would your choice be? Thanks.

Edit : since everyone’s been suggesting to go for additional prof cert, I’m in the legal industry and I have taken all the required professional certificate / papers required

Chelsea Boots

Exodius — Fri, 26 Jul 2019 15:55:06 +0800

Anyone know where to go for some cheap yet reliable Chelsea Boots? used to get it from TOPMAN back in UK at around 45-50 pounds, but I couldnt find any shop selling Chelsea boots over here. Do enlighten me on this. Thank you

Ways to suppress your appetite

Exodius — Fri, 02 Nov 2018 01:25:07 +0800

Aside from drinking lots of milk at once or chuck down protein milk shake , I couldn’t find anyway to suppress my appetite recently. I still go to gym 3-4 times a week.

I can basically go on and eat rm100-200 these days by having 2 lunch and 2 dinners and tons of snacks.

For example.
1. 1 family mart ice cream + korean kimchi ramen today at 11am
2. Mix rice + pork noodle soup + 2 half boiled egg at 1 pm
3. Llao llao yogurt ice cream in evening
4. Tokyo secret cheese tart
5. For dinner at 8 pm , 8 chicken wings + fries + Cole zero
6. After that, ate chee cheong fun + hainan chicken breast rice

I felt that after my bulk which I increased from 2500 all the way to 3500/4000, my appetite have gone haywire and suprisingly my metabolism seemed to be in line with my daily binge eating ( my basal metabolic rate is 1750 on hospital screening 3 years ago, that’s the weird part) . I did not gain much weight or anything from these binge eating while still maintainaing my abs and lean body at around 11-12% body fat.

However I felt that all these unhealthy diet is stressing out my body and organs. I got to fix it quick / reduce my metabolism back to normal level. Don’t want anything bad to happen when my body report comes out in future .

Thank you everyone! Hope to hear some secret / bro science technique to suppress appetite . For me chugging down tons of similar food or liquid seems to be the best way to turn me off but I’m getting sick of it.

Working At Law firm in publika / solaris dutamas

Exodius — Fri, 02 Nov 2018 00:43:31 +0800

Was wondering if there’s any forumers working in publika. Was searching through the thread for food / free carpark tips but everything has been years ago. Heard that most of the hawker stalls have been closed down including other mix rice shops. Questions I have is

1. Any cheap alternative food places or suggestions in publika?

2. Is publika an expensive place to sustain and how much of salary for a freshgrad to justify myself working there? What’s the Average spending for fellow workers over there.

3. Would reserved car park be extremely hard to get? My Office car park quote is kinda full at the moment .

4. Would there still be any vacant car park for early bird basement B6/7 at around 8-8.30 am?

Thank you all!

Investment newbie- 50k extra funds

Exodius — Wed, 24 Oct 2018 00:31:46 +0800

Hi everyone, I’ve Been spending days reading up about ASNB and it seemed like the best risk free choice for now . Looking for more alternatives

I had decided cash out my FD upon maturity.
Here are my financial breakdown.

1) 50k cash liquid cash
2) 65kcash in solar business with 13% annual yield.
3) few thousands in saving account

I do not have 3 months income statement yet therefore property investment is out of the picture.

Here’s my plan/problem,

1) *ASNB DILEMMA*
Seeing that ASNB is such a good deal in comparison to FD, should I try to invest 50k cash by trying hard to topup everyday until I hit that amount? Or how should I diversify it.

Plan A is to open 20k FD with CIMB for its 4.4% , while the remaining 30k go straight into ASBN fixed price fund

Or Plan B to just try and dump all 50k into ASNB whenever it’s possible ? After browsing almost hundred of pages on ASNB forum, it seems that everyone is quite obsess with ASNB .

2) *SALARY ASSIGNMENT*
my plan is to take out 30% of my Salary or (all of my remaining income into ASNB), does it sounds like a plan? Due to my job requiring myself to work past midnight everyday, I wouldn’t have time to manage or research much about finance stuff, what other investment vehicle would you guys suggest ?

3) *cashing out solar business*
I can cash out the 65k anytime, but the problem is would my investment yield percentage increase with a large amount of cash being available? Are there such investment alternatives/opportunities that I have not known of?

Thank you everyone for your valuable opinion, I myself have very zero practical knowledge on investment product to grow my own funds and would like to hear more about it . Thank you. I felt that I’m getting a bit obsessed over ASNB after reading up on it as no one ever list out its cons.

I have a tedious job that requires me to work past midnight almost everyday, therefore investment vechicle that requires high amount of monitoring are out of the picture as well.

Big Firm with lock step pay

Exodius — Mon, 22 Oct 2018 18:30:55 +0800

I notice that most of the Law big firm in the world including Malaysia practise lock-step pay, rendering everyone’s salary to be fixed for the first 6-7 years . And instead their effort and merits are gauge through the amount of year end bonus.

To any experience employees or employers or lawyers who are in these kind of company, have you guys ever tried to negotiate for higher pay in comparison to your peers, and the likelihood of such negotiation being a common acceptable practice ?

[wts] ativo suites - mega 48acre freehold size

Exodius — Fri, 28 Sep 2018 22:41:22 +0800

Bandar Sri Damansara New Project: Damansara Avenue – Ativo Suites -next to desa Park city

🚝 400 metre to (Direct-link bridge) to MRT 2 Station
🛋Fully fitted furnished (Modern concept) ✴ Biometric Fingerprint door with Samsung Smart Home System, Bathrooms, Kitchen Hob , aircon, washing machine , oven, plaster ceiling, timber flooring, bedroom cabinet and wardrobe , etc.. (almost similar to showroom)
🔑Dual key concept
🏡studio/ 3 room, 2/3bathroom
💰 0%down-payment
Total Rebate: 10%
💸Free all legal fee, SNP and loan legal fees.
🏢Huge future development – 48 acre (Hotels, Hospital, International School, 2 shopping malls, office tower, Iconic tower building)
💳Only RM5000 booking fee, no other additional fees!!
🏘Only from RM450k
😍High return on investment
🌇A place with modern living commercial concept

RM450k-700k 👉🏼 1 or 1+1 🛏 1 🚿 (1 or 2🚗 ) [499-751sf]

RM900k- 👉🏼 3/3+1🛏1mil 2 🚿 (2/3🚗 🚗 ) [1051-1197sf]

1.3mil 👉🏼 Studio + 3🛏 3 🚿 (3🚗 🚗 ) [1498sf] dual key

Andrew
📱Hp : 0127317557

WhatsApp : https://api.whatsapp.com/send?phone=60127317557

[WTS] The Societe - tallest in Desa Sri hartamas

Exodius — Fri, 28 Sep 2018 22:31:42 +0800

Own a prime piece of property in Sri Hartamas

🌟 Next to Souled-Out Hartamas
🌟 Freehold!
🌟 Tallest Building in Sri Hartamas!!

✅ From only RM 500k*
✅ Zero Downpayment
✅ Renovation Angpau
✅ FREE SPA & LOAN LEGAL

Here's your chance to own a prime piece of property from RM 500k*

Contact me at 0127317557
https://api.whatsapp.com/send?phone=60127317557

Current rental yield around rm3000

Contact me now to learn more about further promo and discount and for show unit viewing !

4K salary vs 4K allowance

Exodius — Fri, 21 Sep 2018 01:39:36 +0800

Hi , I’m wondering about this as this 1 year job I’m in would normally be allowance based instead of contract , but I could ask for these allowance to be converted into salary base through contract .
My question is , what’s the pros and cons of having allowance or salary for 4000?

I understand that salary subject to income tax and employer are required to contribute to your epf, any other details? Thanks .
To clarify I’m in a professional area which is govern by statues therefore the first year of training are normally allowance based but I could ask for it to be converted .

4K salary contract vs 4K allowance .

Exodius — Fri, 21 Sep 2018 01:37:47 +0800

Hi , I’m wondering about this as this 1 year job I’m in would normally be allowance based instead of contract , but I could ask for these allowance to be converted into salary base through contract .
My question is , what’s the pros and cons of having allowance or additional salary for 4000?

I understand that salary subject to income tax and employer are required to contribute to your epf, any other details? Thanks .

New launch project or subsale ?

Exodius — Fri, 31 Aug 2018 23:14:36 +0800

hi all first time property buyer here.
In short , what’s the benefit in comparison of the 2? So far what I gather is

New launch project
1. Lots of discount & free furniture etc
2. Potential appreciation of price in comparison to subsale property (quite stagnant price already)
3. Everything is brand new and fancy

Cons
1. Need to pay interest based on the loan disbursed, there could not cover mortgage with rental .
2. Possible delay by developer
3. Potential unknown future defect problem

Main objective is to minimise loss or perhaps some profit. Staying in family condo now and by comparing my condo current market price and interest rate , I basically just need to pay rm500 (including maintenance fee) for my own master room.

THank you all sifus

Buy or rent as a freshgrad?

Exodius — Fri, 04 May 2018 01:40:02 +0800

My family have no broad knowledge when it comes to property knowledge or anything. What they normally preach would be to buy property first instead of renting .

I am going to start working soon in Kl area upon return ing to Malaysia and they have been suggesting to get a property straightaway instead of renting. Problem is :

1) is it a good idea if to get a 3 room service apartment (around 400-600k) property and rent out the other 2 as passive income instead? - that’s their suggestion but I found out it to be much of a traditional approach.

2) would it be ideal to pay all of at once in one transaction for property of 500k? I could not get a mortgage for sure as I am currently unemployed and my means of profit are through crypto / stock investment which is not a valid basis for getting any mortgage. I am not interested In getting my parents being involved in any legal/equitable title . And I do not like the idea of bank getting profit through my loan interest since I hAve the capital for it. (Could someone enlighten me on this?)

Thank you everyone and As I said my close associated relatives and myself have very limited knowledge in regards to property.

slim luxury wallet recommendation

Exodius — Thu, 19 Apr 2018 06:14:05 +0800

currently using Braun Buffel but the wallet design that I bought was really thick with lots of compartment and card slots.

Interested in slim wallet style preferably with coins compartment, any sifus here have good recommendation?

Do enlighten me on different brand eg: LV , Gucci, Prada, Hermes, Ferragamo etc.. the pros and cons of it. looking at these higher tier brand.

Thank you so much everyone.

Dress Watch Thread

Exodius — Mon, 16 Apr 2018 01:13:55 +0800

I noticed that dress watch have not been getting much love throughout malaysia community!

Been looking for a luxury one for quite long and the options are quite limited.

Let us discuss and post our favourite dress watch / wrists shot over here!

Any recommendation of model for me ? Be it an entry/intermediate/ expert level luxury brand dress watch- IWC, omega , Breitling , tag huer , Longines etc..

My favourite so far : IWC Portugieser.

tips for healthier lifestyle

Exodius — Mon, 15 Jan 2018 23:00:40 +0800

anyone have special tricks or tips to be implemented into malaysia unhealthy eating lifestyle?

such as

1. when ordering drinks, opt for water / tea or diet soda
2. opt for chicken breast instead of fried chicken etc..

Tips to ease your current repetitive lifestyle

Exodius — Mon, 15 Jan 2018 22:48:18 +0800

Will be living a repetitive lifestyle for 6 more months, overburden myself by taking professional paper + masters in one year time frame.

Any stuff that you guys normally do online through laptop to burn your time and being productive at the same time when you're free? looking for alternatives preferably indoor as it is currently winter now in Uk. Options need other than those generic meeting up with friends etc.. thank you.

Shoes with high soles for height.

Exodius — Thu, 07 Sep 2017 18:07:07 +0800

What shoes brand do you guys wear To increase height ? I personally felt that height matter mores than shoes brand/type.

As I am not really tall enough around 175cm, I would wear Nike air max most of the time.

Any recommendation for :
- leather shoe
- sports Shoe
- insole to put in shoes to increase height?

Website to buy protein supplement

Exodius — Tue, 29 Aug 2017 02:08:44 +0800

Have always been musclemania club user but recently it's variety of product has been reduced a lot, couldn't even find dynasties or S.A.N brands, and lots of stuff are out of stock.

Any recommendation for other website which are as. Rap as musclemania and efficient? Thank you.