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Some tips on owning your house

Posted by tammy on May 12, 2016
| 0

BY VIKNESH ASHLEY CLARENCE | 10 May 2016

 

PETALING JAYA: Malaysians should start thinking about home ownership before it becomes out of reach, said a property consultant.

Chur Associates founding managing director Chris Tan said property buyers were living in an era of the best home owner protection where incentives and attractive financing plans were provided to genuine home buyers.

“Firstly, one must understand one’s risk profile, metaphorically by setting your investment style either as a hare or tortoise’s pace, as well as any other method that falls in between,” he added.

Tan shared his insights on Malaysia’s agenda of “Housing the Nation” during the StarProperty.my’s Prime Investment Forum 2016 held on Sunday.

Over 400 registrants attended the forum, sponsored by Mah Sing Group Bhd, at Oak Room, Nexus, Bangsar South.

Tan pointed out that “property investment is low-risk and is one of the most important portfolios, even for richer and successful nation groups, as property investment is tangible and is constitutionally guaranteed.”

For first time home buyers, Tan advised that it would be best for each individual to own their very own home, only if they can afford it.

Tan added that property investment was one of the methods to overcome inflation due to property valuation.

 

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