Posted on September 6, 2009. Published under Malaysia Property
The danger with buying property in Malaysia is that you have no clue what the contractor has been doing. Why? Because nobody can be made responsible.
In the west: if anything goes wrong with my house, I will sue the architect. Everybody agrees that the end responsibility of a property is in the hands of the architect.
In Malaysia however architects are saying that they cannot be responsible…
Simple logic tells you that if you cannot hold the architect responsible, then who are you going to complain to?
Having purchased more than one property overseas, I must say in Malaysia you are on your own once something goes wrong with your property. Sad to say that they have a Malaysia My Second Home program in place but except for the word "home" in the program’s name, you don’t get any benefits for your property.
Posted on June 9, 2009. Published under Malaysia Property
Now is the ideal time to buy property under the "normal" market price. Why would anybody want to sell his property cheap?
Because:
maybe he or she is moving abroad and want to finalise a sale before taking off
maybe he or she can no longer pay the banks and is obliged to sell.
These are so called motivated sellers and these days there are a lot of them due to the global economical crisis.
Now why don’t you see these houses advertised with their low prices? Because:
as soon as somebody hears about a good housing deal, the house will be snapped up or
motivated sellers don’t want to show their cards, so you will have meet the seller in person and ask the right questions.
The latter only works when you meet the seller in real life.
I do get a lot of calls about houses I am selling to ask for the price or why I want to sell. My answer is then: did you have a look at the house already? And if they say no, then I invite them to do so. This way I get rid of people that are not serious about doing business.
For more information about the house I have on sale at this moment in Malaysia, click the By My House button at the top of this page.
Posted on February 24, 2009. Published under Malaysia Property
Malaysia doesn’t care about home owners and just lifted the ban on building houses on hillsides. Just sit and wait until the next 1993 Highland Towers Tragedy will be repeated.
Do not buy Malaysian property on a hillside, unless you want to die.
No lessons have been learnt from the 1993 Highland Towers Tragedy which claimed 48 lives when its Condominium Block 1 collapsed after a continuous 10 days of rainfall.
No lessons have been learnt from the latest December 2008 Kuala Lumpur Bukit Antarabangsa landslide which claimed five lives and forced thousands to evacuate their homes.
History will repeat itself and more people will die
Lives were lost in:
1993 : Highland Towers collapse due to landslide. Click the pic to see who is not responsible…
2002 : Taman Hillview
2006 : Kg Pasir – less than 1 km away from Bukit Antarabangsa’s landslide
In December 2008 the Kuala Lumpur Bukit Antarabangsa landslide (read or post about Landslides for kids) killed five people and forced thousands to evacuate their homes, Deputy Prime Minister Datuk Seri Najib Tun Razak had called on local authorities to ban all hillside development.
Why does the malaysian government wants you to die on a hillside
Works Minister Datuk Seri Mohd Zin Mohamed said:
There will be no blanket ban on such projects because the country’s population was increasing and land was needed for development.
No, this is not the Works Minister of Hong Kong, but the works minister of Malaysia. Just have a look how much more condensed other countries are compared to land rich Malaysia:
Hong Kong Population – Density: 16,469/sq MI
Singapore Population – Density: 16,392/sq MI
UK Population – Density: 637/sq MI
Malaysia Population – Density: ONLY 218/sq MI !!!
US Population – Density: 80/sq MI
Utterly ridiculous statement when you compare to Hong Kong and Singapore.
So what can you do?
Do not buy property on hillsides in Malaysia.
The minister also said:
…there were many local professional engineers with wide experience and expertise in carrying out safe development work on hillsides "who are capable of reducing or minimising landslides."
We know Malaysia has many capable citizens to do whatever goes beyond your imagination. Unfortunately these citizens are not employed to reduce or minimise landslides.
Malaysia is not Hong Kong. Hong Kong has little area to built on and therefore has a special department making sure you can feel save when building on a hillside.
Malaysia has so much area to built on, so it’s clear saying "we need the land" implies that "we" is who-ever wants to make quick money building property on hillsides without insuring the protection of property owners.
For all Malaysia My Second Home future property owners:
