Something interesting....

Visited Terracotta Warriors at Asian Civilisation Museum recently and I spotted something interesting - The tomb layout plan. Look carefully, you may spot something interesting!

Is all about properties!

Lately I have been visiting showflats, to view some of the latest launches. Most of the showflats I visited were packed with people. Anyway, just to clear the air, I was there not to buy, just tag-along with my friends to find out more about properties and its surroundings. After all, properties are somehow "linked" with fengshui in my own opinion. Without these properties, there is nothing to talk about Yang Fengshui.

Okay, let's put Fengshui aside, let's talk about properties. But before we move on, first I have to state that I am not a Property Analyst neither I am a Property Agent. Therefore, if you choose to continue to read, please read it at your own discretion!

One of the factors when comes to buying a property is location. If you are buying for investment purpose, location, in my own opinion, is an important factor! Usually tenants would choose to rent a place that is convenient, for example near to city, near to workplace or even near to MRT station. However, I have to agree that there are still handful of tenants would choose a place that is secluded.

Talking about seclusion, last year I visited one showflat, that place was like out of nowhere. And I remember that there is no amenities around, the nearest MRT is like close to 1km away or more and not many bus services go to that location. That place really requires you to own your transportation. Despite having all these factors, that project was 100% sold out on the first day! The point here is that location may be a consideration factor but if you are buying it for own stay and transportation is not an issue. You can still go ahead with what you like!

The next thing that you want to consider is whether that project is a Leasehold or Freehold. There are people that I know, will only opt for latter as they feel that is value for money. However, there are some, who are buying for investment purpose will not be bothered by that. But you may want to pay attention to the pricetag between the Leasehold and Freehold.

When comes to buying a property, the question that you need to ask yourself is how much loan to get? And how many years of loan? At this point of writing, mortgage loan interest rate for 3 months SIBOR is at 0.5% and 3 months SOR is at 0.292%. With such a low current interest rate, no wonder it looks attractive to buy a property now. But bear in mind, low interest rate is not here for forever especially if you are planning to get 40years of loan. So when you do your sums, please take that factor into consideration.

As on how much loan to get, this depend on your commitment. Whether you have existing car loan, mortgage loan, study loan or other expense to take care of? Assuming that you do not have any loan to service, a general guideline will be 35% of your salary to set aside for your mortgage loan. And not to forget, with our last cooling measure, if you have existing mortgage loan, you will be eligible for 60% loan only.

So is this a good time to buy a property now? Well, is all depending on your needs! Whether you need a roof over your head? Or if you are buying for investment purpose? In the case of investment, then you really need to understand the supply and demand factor!

To wrap it up, buying a property is a long term commitment. So if you are planning to look for one, do your sums first. Good luck!

Disclaimer : Readers should read it at your own discretion.

Are you going to spend money soon?

Did you know that by looking at your own face, you will be able to know whether you will be spending money for the next 2 weeks?

How to check? Is very easy, just look at your nose tip. If you spot any "red spot" or any pimple in that area. Well, be prepared to spend some money soon!

Give a try and feedback to me! Happy finding!

Choosing an auspicious date to start renovation.

During my younger days, I always wondered why people were so fussy of picking an auspicious date to start renovation. Back then, date selection was something least important to me, but my preception started to change when problems started to surface, not once but many incidents.

Let me share one of my experiences when I was working as a Project Manager. There was one project site which had a fengshui sitting on "Tai Sui - 太岁 " position. At that point of time, I already had fengshui knowledge and I knew that it was an "offence" to carry any form of activity in such position.

As that was a rush project, we had not much choices but to start work immediately, and we could forget about date selection. I knew that problem could arise if we were to carry out any work in "Tai Sui - 太岁" position, so what I could do was to give "special" instruction to my contractors - that no work was allowed in "Tai Sui - 太岁" position till further instruction from me.

At that point of time, I was handling two projects at two different sites, hence I could not put much attention to that project which had the "Tai Sui - 太岁" position. To cut the story short, when I finally got the chance to visit the site, I got a shock of my life! My contractor did not heed my instruction, they went ahead to build partition (dry wall) on that "Tai Sui - 太岁" position. And that dry wall was almost done when I saw it. Guess what happened next? We were told to tear down the whole partition!

Despite that the project had very tight construction schedule, we did not have any chance to convince my client to keep that partition, and we had to tear it down! If only my contractor had heed my advise to delay that construction on that portion, such thing would not have happened! Or an auspicious date was chosen to start our work, maybe that problem could have avoided!

Birds

I always enjoy looking at those birds that fly near me. Maybe is their chirping sound attracted me, or maybe I just like the way they are, free and have alot of freedom. Fly to where ever they want to.

For those who have studied yi-jing, you may want to intepret the sighting of little bird flying towards you. What does that mean?

Qi Men Dun Jia - Is this property a good buy?

This Qi Men Dun Jia (QMDJ) analysis was done a few months back, it happened that someone consulted me whether the property she was looking at, was a good buy?

Based on the time she asked that question, I plotted the QMDJ chart using my PDA, the answer to her question was : property was good, possible that property price would increase, and she could buy despite that she had worries! True enough, she bought the property.

Now, three months after her purchase, she is sitting on paper gain if we do not take 4 years Seller's stamp fee into consideration!

If you are still wondering, how did QMDJ tell the answer. Well, you may want to consider to learn this art?

Property hunting

This photo shown here is one of the recent property launch in the eastern part of Singapore. To be frank, I quite like this project as it has a great overall view of the reservoir. (Note : this is without taking fengshui factors into consideration.) And I have to say that is rather a rare project, how many houses can you find that are built so close to a reservoir?

For those who do not mind about location and if you think that you need alot of water element in your bazi, you may want to take a look here?

Okay, good luck in your property hunting!