We are elated to be cordially invited to a rapturous evening of delight with Mayland at their TLC Carnival Day. Festive stalls brimming with colourful trinkets and treats, it was an event not to be missed along with the development of Mayland's current project, Dorsett Waterfront Subang. A mid-rise development, Dorsett Waterfront Subang is a luxurious lifestyle homemade with a permanent retreat set-up, exuding a holiday feels for residents. A modern home nestled in the bounty of nature, it provides access to high-quality lifestyle amenities and a hop away from the liveliest cities of Malaysia.
#Mayland #TLCCarnivalDay #ASEANPropertyDeveloperAwards #DesPrixInfinitusMedia
The Sail Groundbreaking Ceremony by Sheng Tai International !! This large scale mixed development is Inspired by Admiral Zheng He's voyages to the West, the development is designed with a shape of a sailing ship which makes it such an iconic Development! We are happy to be invited to such an wonderful event, Awesome!
#TheSailMelaka #ShengTaiInternational #AseanPropertyDeveloperAwards #DesPrixInfinitusMedia
Owning a house you can truly call your own is a dream that everyone has. Once you have your own set of car keys, the next set of keys you would surely hope for is the one to your very own home.
However, homeownership is a big responsibility! The whole process is long and daunting, and where does one even start?
Well, fret not! We will be giving tips on the 𝗲𝗶𝗴𝗵𝘁 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹 𝘀𝘁𝗲𝗽𝘀 to help you obtain your dream home!
𝟭. 𝗔𝗿𝗲 𝘆𝗼𝘂 𝗥𝗲𝗮𝗱𝘆?
Now we know most of you would be thinking, ‘What do you mean I’m ready?’, ‘Of course, I am!’, or ‘It’s the reason why I’m reading this!’ going through your thoughts but hold your horses there! As much as we understand your hype, homeownership is not a small matter. It does not come cheap with additional costs such as taxes and insurance related to the house, so necessary finance is essential.
Ask yourself, are you truly ready to own your own home? Did you settle your debts? Do you have enough emergency funds?
If not, wait till you are financially prepared, or you might find yourself in a sticky position in the future.
𝟮. 𝗟𝗼𝗮𝗻 𝘀𝗵𝗼𝗽𝗽𝗶𝗻𝗴!
Before buying a property, you will need to get preapproved for a mortgage. Unless you have the financial muscle to pay with cash upfront, you will need to secure a loan to help pay for your home. So start shopping for a loan with good terms! If you are not sure, you could look for a mortgage broker or the help of a local bank or credit union.
Once you have settled for a loan with the best rates, you can start buying a house.
𝟯. 𝗪𝗵𝗶𝗰𝗵 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗹𝗼𝗮𝗻 𝘁𝘆𝗽𝗲𝘀?
Many of you might be baffled at the numbers of different payment options and loan types when it comes to a mortgage, causing you to wonder which should I get? What we recommend is a fixed rate of 15 – 20 years loan. It allows you a low rate which would be easier to settle by the chances that you might need to move or the market drops in the future.
𝟰. 𝗛𝗼𝗻𝗲𝘀𝘁𝘆 𝘁𝗼 𝗮𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆
When you purchase a house, it is good to determine how much you could afford. Biting off more than you could chew on your mortgage may prevent you from meeting your daily obligations much less save for retirement. One way to know how much you can spend is to keep it to 25 – 30 percent of your mortgage, insurance and taxes, or a limit of 2 ½ times of your annual salary.
𝟱. 𝗚𝗼𝗼𝗱 𝗥𝗲𝗮𝗹𝘁𝗼𝗿
Once you are preapproved and determined your affordability, find an excellent realtor! You can get it through your friends or colleagues. The realtor will aid you in finding a suitable home for your needs. Providing you with recommendations and explanations of the market.
𝟲. 𝗛𝗼𝗺𝗲 𝗜𝗻𝘀𝗽𝗲𝗰𝘁𝗶𝗼𝗻!
Have you chosen a home? Time to call a home inspector! Unlike an appraisal, home inspection looks for hidden issues within the house before purchase. It allows you to negotiate for a lower price if the house needs significant repairs. Look for an independent inspector to help you check. This would save your money from repairs later on.
𝟳. 𝗧𝗵𝗲 𝗪𝗮𝗶𝘁
When your bidding is done and offer accepted, all is left is the wait for the escrow. All the documents, information and money, are handled by the escrow holder to protect all related parties within the deal. The completion of the escrow varies depending on the circumstances of the purchase. Once done, you can finally sign the closing papers and get your home.
𝟴. 𝗖𝗹𝗼𝘀𝗲𝗱? 𝗧𝗶𝗺𝗲 𝘁𝗼 𝗺𝗼𝘃𝗲 𝗶𝗻!
Done with signing the closing papers? Time for you to move into your new home! While you furnish your very own lair, remember to update your address with your bank and other accounts to avoid incurring late fees. If you are lucky, you could even get some waiver in installation fees from some companies. Therefore, remember to transfer your old account to the new address of your very own home!
Known for their beautiful project developments of commercial centres, residences, and premium housing communities, Borey Peng Huoth Group is one of the main drivers that had steered, redefined, and revolutionized Cambodia’s infrastructures. In a league of its own, Borey Peng Houth Group is Cambodia’s top property developer, highly praised for their quality of sustainable design, site management, planning, and execution. A relentless innovator in Cambodian real estate, Borey Peng Huoth Group is always striving to push the boundaries, challenging their skills to develop projects of the most attractive places in Cambodia. They offer a wide range of developments, from condominium to land houses, varying to link houses, flats, shop houses, and even single or twin villas. You can see some of their current beautiful developments in The Star Munirah, The Star Diamond, The Star Platinum Polaris, and The Star Mera Garden. The most prominent property developer of Cambodia, Borey Peng Huoth Group is a company well deserving of their praises from the industry.
Varying from the norm, Habitat for Humanity Cambodia (HFHC) is a property developer whose unique goals made them stood out among the rest. Instead of developing glamorous projects for the high-end in Cambodia, HFHC took a more holistic approach to developments, building high-quality yet affordable housing for low-income and vulnerable households. Helping families since 2003, HFHC has been developing shelters for the less fortunate in hopes of building strength, stability, and self-reliance in these family’s lives. Known for contributing to humanitarians acts and services, HFHC is well perceived by the public for their dedication and compassion to make a world where everyone has a safe and decent place to call home. An advocate of God’s love and teachings, HFHC believe that just and fair housing is a fundamental human right. Therefore, working in partnership with donors, sponsors, churches, volunteers, or local authorities to provide shelter solutions to families of Cambodia. The work that HFHC does has made a massive difference to many people, ensuring families a house they could call home.