By LEE YAN LI
A simple guide to home ownership.
In these uncertain economic times, many might find themselves in a predicament when they are struggling to look for a place to call home.
Although it is best to aspire for financial stability at the start of the career, those who struggled to buy a house could still turn their situation around through diligent research, proper planning and acquiring practical knowledge.
Take the first step and join us at the property forum titled “Fundamentals of Home Ownership”, sponsored by i-City, on June 18(Saturday), from 1:00pm to 5:30pm at i-Gallery, i-City. Experts in the property industry field will walk you through the process of acquiring a home by introducing the basic yet important fundamentals of buying a property.
The esteemed speakers include Hartanahguru.com founder Abdul Aziz Ahmad, VKA Wealth Planners Sdn Bhd licensed financial planner and business development director Ang Chee Yong and REI Group of Companies chief executive director Dr Daniele Gambero.
On the topic of “Why you should consider property as part of your investment?”, Ang will be discussing the differences of main asset classes that are mainly classified into cash, fixed deposits, properties and shares.
With the understanding of what to expect from the different asset classes, one is best positioned to decide which types of investments best suit one’s needs and investment timeframe.
As a licensed financial planner with more than 10 years of experience, Ang said property investment in Malaysia has seen one of the biggest bull over the last five to seven years.
However, to avoid property investment from becoming a financial burden due to unforeseen circumstances, the public has to be well informed and well prepared on certain issues, including the availability of Mortgage Reducing Term Assurance (MRTA) and Mortgage Level Term Assurance (MLTA).
Aziz Ahmad will be sharing tips with the audience on where to find suitable properties in uncertain times with his topic “How Shah Alam is connected to Greater KL.”
In his opinion, one has to look back to history centuries ago and assess the locations that grew and develop fast.
As those who chose the right locations have managed to make large profits in properties, it is worthwhile to learn what makes these locations strategic for property investment or home ownership.
At the forum, Aziz Ahmad will reveal this secret of spotting the right location.
Last but not least, Gambero will be presenting on the topic of “Western Klang Valley's property market now and tomorrow”.
He noted the transformation of Klang Valley in the past 20 years is the indication of the way property prices are moving, as well as how value trends have been following the development of new infrastructure.
The issues that he will be discussing with the audience include further expansion possibilities, possible directions of development in the next 10 years, the main drivers for a healthy growth of demand and the future hot spots.
As a veteran in strategic marketing consultancy, Gambero will be presenting updated statistics including actual purchasing power and wealth distribution during the talk.
For registration or more information, visit www.starproperty.my/forum.