Should We Buy House Or Property During Covid 19 Pandemic


The current pandemic COVID-19 situation has changed the way most people live. Even now, many are in trouble because some had to have their salaries cut and worst of all, they have to lose their jobs. There may be some of them who have a long-planned to buy a house or real estate. According to Fernandez, 2020 had been a turbulent year for Malaysia due to economic uncertainties which had led Malaysians to rethink their plans, including buying a property and such.
If you are ready or plan to buy a property during this pandemic you have to think of all the amount of money you will need to spend throughout the buying process. Some important aspects need to be emphasized during the buying process including upfront payment including cash deposit or booking fee as well as the housing locations because it will affect the price and value of land later on.
Is Now Really the Right Time to Buy House or Property?
According to Lim, Hartamas Real Estate Group Founder and Managing Director of Eric Group, the pandemic is a period that can be a good opportunity for Malaysians to buy residential properties due to developer steps offer more attractive packages including additional discounts, rebates and furniture to attract buyers. This way you could save around 10 to 20 per cent according to their respective packages. Sound promising right?
In another way, the COVID-19 pandemic has had a detrimental effect on the residential property market as property developers were had to close their sales galleries and show houses during the Movement Control Order (MCO) starting from 18 March 2020. Therefore, as a buyer, you might not have the opportunity to visit and see the house interior and structure. Some potential buyer they might delay their decision process to own a house or property. To encounter such a problem, there are some innovative made by the developer including virtual showing the house or property program that allows the potential buyer to see the house in detail online.
Monthly Debt Repayments :
Okay, now we have seen the state of the house and satisfied with it. Without any hesitation we would like to buy the house but what about the cost? How much you will need to spend a month to cover the house loan? To estimate your monthly instalments, you can calculate by using the mortgage payments calculator. It will provide the sum of monthly payment rates including principal, interest, taxes and insurance that need to be bear along the years committed. 
Although the current purchase might be suitable for those who have the financial strength as a developer aggressively compete for attention from buyers, we still need to do a monthly and annual financial review and balance. Not to forget you will need to pay a commission called Closing Fee to the agent after all the important documents are signed which happened if you buy a property through them.
Also, do not forget the renovation fees if you want to upgrade the house up to your taste, hazard insurance as well as maintenance fees. From my own experiences of buying a house, the maintenance fees will cost you a lot throughout the years. You will need to take into account the cost of repairing the house after the warranty expires and it’s drained your pocket out. Like a lot of money. 

What I Learned from Buying my First Home :


The amount of cash needs to be available to pay the deposit, legal fees and stamp duty charges for the loan agreement. But as announced by the Government during Budget 2021: Stamp duty exemption on instruments of transfer and loan agreement for first time home buyers is extended until 31 December 2025.
The size of the lot and the house. Do you need extra space to park the car? Or do you need the extra backyards space for your kitchen to be renovated later? Just to keep in mind all those may be a luxury desire NOT the needs.
The most important thing is the location. The more strategic the better. Things that need to be looked at are the neighbourhood, near retail necessities and emergency services such as a clinic or hospital as well as the mosque. And if you plan to start a family you should look for nearby school and nursery which are needed for your kids later.
What are the upcoming projects around the residence? If there are projects such as supermarkets, playground, hospitals or even suggestions to improve the transportation system it will increase the house prices later.
Consider the distance from home to your workplace. With the petrol price factor fluctuations in the market and the cost of living raising children, this is also possible to be one of the factors that you want to think about more deeply.


In conclusion, buying a house or a property is a process that requires patience and we should determine whether can afford the monthly payment, in addition to adjusting to other expenses. Everyone deserves the house of their dreams. With constant effort, you will be able to afford to buy your first home.


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.eksplorasilea.com/2021/03/should-we-buy-house-or-property-during-the-pandemic.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Unicef Malaysia Child Marriage Likely Rose During Covid 19 Pandemic As Schools Closed Economy Worsened

Unicef Malaysia Child Marriage Likely Rose During Covid 19 Pandemic As Schools Closed Economy Worsened

papar berkaitan - pada 10/3/2021 - jumlah : 55 hits
In Malaysia an average of 1 500 children from various religions ethnicities and communities marry each year Rina Harun said Picture by Hari AnggaraKUALA LUMPUR March 10 While much is being done by United Nations Children s Fund stakeholders...
Uggah 428 Students From 32 Schools In Sarawak Not Able To Sit For Spm Exam Due To Covid 19 Pandemic

Uggah 428 Students From 32 Schools In Sarawak Not Able To Sit For Spm Exam Due To Covid 19 Pandemic

papar berkaitan - pada 22/2/2021 - jumlah : 97 hits
Students wearing face mask could be seen doing their revision in a classroom before the SPM examinations starts today 8211 File photo KUCHING A total of 428 students from 32 schools around Sarawak were not able to sit for their Sijil Pelaja
The People Should Not Fear Covid 19 Vaccine Early Recipients

The People Should Not Fear Covid 19 Vaccine Early Recipients

papar berkaitan - pada 25/2/2021 - jumlah : 108 hits
Frontliners who are the early recipients of the Covid 19 vaccine shots have urged members of the public not to be afraid as it was just like other regular vaccine shots to protect oneself from various illnesses Clement Marai Francis 36 a dr...
Covid 19 Gathering At House In Betong Sparks New Jalan Muhibbah Cluster

Covid 19 Gathering At House In Betong Sparks New Jalan Muhibbah Cluster

papar berkaitan - pada 23/2/2021 - jumlah : 95 hits
A child being swabbed for Covid 19 by a health worker 8211 File photo by Bernama KUCHING A new Covid 19 cluster has been identified in Betong dubbed the Jalan Muhibbah Cluster which has 18 cases as of today the Sarawak Disaster Management
So Should I Get A Covid 19 Jab

So Should I Get A Covid 19 Jab

papar berkaitan - pada 25/2/2021 - jumlah : 86 hits
So Prime Minister Muhyiddin Yassin has become the first in the country to be officially vaccinated against Covid 19 He becomes V1 Health director general Dr Noor Hisham Abdullah who received the second jab becomes V2 Certainly in becoming V...
Covid 19 New Cluster In Samarahan Arises Due To Lunar New Year House Visiting Activities Says Sdmc

Covid 19 New Cluster In Samarahan Arises Due To Lunar New Year House Visiting Activities Says Sdmc

papar berkaitan - pada 25/2/2021 - jumlah : 108 hits
KUCHING A new Covid 19 cluster has been identified in Samarahan dubbed the Jalan Ho Pin Cluster which has 14 cases as of today the Sarawak Disaster Management Committee said It said in an update today that the cluster identified by
Covid 19 Sarawak Records Highest Single Day Tally Of 353 Cases

Covid 19 Sarawak Records Highest Single Day Tally Of 353 Cases

papar berkaitan - pada 24/2/2021 - jumlah : 75 hits
KUCHING Sarawak today has a record high number of daily Covid 19 cases at 353 more than half of which are in Sibu alone said the State Disaster Management Committee With no deaths reported today the death toll remains at 76 Of the ne
Sarawak Receives First Batch Of Pfizer Biontech Covid 19 Vaccine For Frontliners

Sarawak Receives First Batch Of Pfizer Biontech Covid 19 Vaccine For Frontliners

papar berkaitan - pada 24/2/2021 - jumlah : 89 hits
The Raya Airways plane carrying the first batch of vaccines for frontliners touches down at Kuching International Airport Photo by Chimon Upon KUCHING The race to vaccinate 2 2 million people in Sarawak has finally started with a Raya Airwa...
Covid 19 7 Of 25 Active Clusters In Sarawak Record New Cases As State Sees Daily Record Broken

Covid 19 7 Of 25 Active Clusters In Sarawak Record New Cases As State Sees Daily Record Broken

papar berkaitan - pada 24/2/2021 - jumlah : 90 hits
File photo for illustration purposes KUCHING Seven of the 25 active Covid 19 clusters in Sarawak recorded new cases today with the Sungai Bakong Cluster in Meradong being the highest with 65 cases said the State Disaster Management Committe...
Sudahlah Didirikan Secara Haram Dapat Tempat Ganti Baharu Pula

P Mau Main Main Arhh 4 Lelaki Ditahan Kerana Pukul Samun Pemandu Myvi

Mitos Saka Keturunan Dalam Lagu Nenek Si Bongkok Tiga

Kerajaan Gagal Tok Mat Andaikan Dapat Pulih Umno

Kelemahan Kerajaan Bukan Covid Punca Gaji Graduan Rendah

Lirik Ramadhan Zizi Kirana Feat Hafiz Hamidun

Pakej 2021 Buffet Ramadhan Dan Sea Life Di Legoland Johor Baharu

Microsoft To Set Up First Datacentre Region In Malaysia Train 1m People



Lina Medina Ibu Paling Muda Dalam Dunia

Bateri Berlian Dari Sisa Radioaktif Ini Mampu Bertahan 28 Ribu Tahun

Info Dan Sinopsis Drama Berepisod Ramadani TV3

Kisah Gadis Colombia Yang Tidur Selama 2 Bulan Secara Berterusan Sleeping Beauty

Berapa Harga Sebenar Kereta Recond Popular Jepun Yang Dijual di Malaysia


Resepi Masak Lemak Cili Padi Kulat Sisir Dengan Isi Kerang Yang Menyelerakan

Kedah Percutian Bersama Family

7 Ramadan Berbuka Bersama Rakan Kerja

Pelaburan Masih Ada Keyakinan Melabur Di Malaysia Azmin

Apakah Kj Maksudkan Juga Penjenayah

Awani Ringkas Kadar R Naught Meningkat Semula Masih Ada Keyakinan Melabur Di Malaysia