Tuesday, 30 October 2018

Quick guide on buying a house

You are ready for your biggest financial commitment in life, buying a house and you have no idea where to begin. You are contemplating whether to get Rumawip or private condominium. It can get tedious during the buying process if you have not done your research or understand the market. Let me give you a quick and simple guide to buying your dream home.

Type of property to buy

Buying property is not like buying your groceries in the market, it has to be thoughtfully considered to suit your needs and lifestyle. Besides, your financial capability also determines your affordability on the type of your property to buy. For example, a working class person prefers to buy own property near to public transport accessibility or nearer to the KL city, a family with children would prefer to stay near schools and middle-aged person would prefer to stay near suburbs with slower and peaceful lifestyle. So, which one are you?

Besides, your earning capability only allows you to afford a certain level of property. It is better if you can come up with a budget. Banks usually will loan out to first-time homeowners up to 90% of the required amount. Rule of thumb is that the installments should come up to no more than 1/3 of your income. With governments initiatives, there are plenty of affordable housing schemes available for young people like RUMAWIP, PR1MA, MyHome, and others.

Look for your property

There are many avenues you can buy your property whether it is from sub-sale, auction or developer. Browse through property portal websites to look for your desired properties and you will be surprised the type of properties you can find. Otherwise, you may engage an agent to help you look out for your ideal property. You can even check out newspaper or property related magazines to look out for the new developments..

You can register your interest in the project developments with developers and when they invite you for their new launches, you will be surprised the number of discounts they give away to their buyers.

View the property

Once you have found your desired property, do go down for viewing to get a glimpse of how your life would be like if you are staying there; noise pollution, distance of the amenities, surrounding neighbors. It is vital to know because you want to live your life in peace and chat with the owners regarding the unit and previous owner. Make few viewings up to 4 units to have a better idea of your dream home.

For apartments and condominiums, check with the previous owner or agent if the unit comes with parking bays and the number of parking bays, maintenance fees, and facilities of the project. Look out for defects like structural cracks, water leakage and etc because such remedies may cost in thousands and that should be reflected in the property price.

Loan financing

Finally, you decided to get your very first property and now it is the financing part. Speak to various bankers from different banks to check out the rates. Usually, for home borrowers, they are looking at banks that offer the lowest interest rates and the highest amount they can get.

After you have decided which bank to get, the bank will arrange a physical valuation of your property. Based on valuation, the loan officer will give you a loan offer letter to sign, laying out the loan terms, amount, rates and monthly installments. You have the bargaining power to bargain for a lower price with the previous owner if the valuation is lower than expected.

Legal documents

Purchasing property has many legal documents that will be needed to go through to formalize the transfer of property ownership. Here is the list of documents you will need to go through and scheme the details.

1. Booking form or Offer to Purchase - Before signing Sale and Purchase Agreement, also known as SPA, during the interim booking form or offer to purchase plays a vital role to ensure that you have secure your desired property, preventing vendors from engaging into another transaction with other party while preparing SPA.
2. Sales & Purchase Agreement - After signing the booking form or offer to purchase, it will take up to 2 to 3 weeks to draft out SPA for both sides into agreeing to the various clauses and stamping few copies of the SPA to be signed.

3. Loan agreement - Your lawyer will also draft out loan agreement that is to be signed by both you and your bank. 

Tuesday, 16 October 2018

Himalaya Herbal Healthcare Boutique, KLCC - Natural Herbal Healthcare Within Reach.

Himalaya Herbal Healthcare is a well-known household brand amongst those who prefer more herbal based remedies for their ailments. These remedies which to some may come across as primitive, have been proven to not only aid but in some cases prevent the onset of major health issues. Through there research in Ayurveda and the use of herbs gathered from the foothills of the Himalayas, Himalaya Herbal Healthcare has been able to produce a wide range of Healthcare and Wellness products for the everyday end user like you and me.

With a wide range of products ranging from Face Care, Body Care, Hand & Foot Care, Hair Care, Healthcare and Oral Care. Everyone will be able to find something that meets their health requirements and also something to suit their everyday skincare routine.

 Gone were the days of having to order Himalaya Healthcare products online or at pharmacies. Today, all that is a thing of the past with the Himalaya Boutiques that have been opened nationwide. Personally, it is a lot easier now to find the products that I want or need under one roof. Being a person that works in the heart of Kuala Lumpur, the easiest and closest place for me to shop would be in KLCC, since it is just walking distance from my office.
Well, guess what? They have a Boutique there as well. Yippie!

I can go on and on about what they have in store for the everyday layman but I guess it would be best if I took all of you on a short tour of the Himalaya Boutique that is situated in KLCC.

You may be wondering what on earth am I looking for at Himalaya?
To be honest, it isn't any Skincare or Beauty products a.k.a. "Jamu". hahaha.
Mine is more of a health-related shopping spree. Being someone that comes from a long line of family ailments like High-Blood Pressure and Diabetes, I have decided that prevention is better than cure.

The product that caught my eye is Himalayas Diagard Tablets.
This is a specially formulated herbal supplement that helps to Improve Peripheral Utilization Of Glucose, Improves Insulin Secretion, Reduces Fasting Plasma Glucose And Postprandial Plasma Glucose Levels. Tis in turn will also help to prevent Long Term Complications Of Diabetes.

This is just one of the many Healthcare Supplements that Himalaya has to offer. The Boutique also houses an array of products from general to those with specific uses and for specific skin or body types as well.

So if you're looking to find a specific item or healthcare product that is herbal inriched and based on Ayurveda, you now know where to look.

For more information, you may refer to:

You can also visit their Boutique at KLCC which is located at:

Himalaya Boutique - KLCC
Unit C-43-C, Concourse Level, Suria KLCC
Daily Operating Hours : 10am - 10pm.

Until next time, JeanGallyot signing out.

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