Sherilyn made Korokke (Japanese Potato Croquettes) for dinner today. They were super fattening but how can I resist when they’re so so delish and crispy?! I whacked quite a bit and then felt super guilty. All these will slowly come to an end when she goes back to school next week . We’ve all enjoyed a year of being her guinea pigs and will have to wait for the next school hols to try her new recipes again.
Hopefully there will be no more MCO and no more home quarantine, ever!
Hubby cooked these for a VVIP lunch event today:
Pan fried chicken chop.Pan fried salmon.
Do check out Catermate if you need catering or bento boxes delivered to your home or office.
The COVID-19 pandemic has turned the already muted real estate market in Malaysia upside down. 2020 went down as an unprecedented year as countries around the world are faced with a global pandemic with restrictions in movements.
The Covid-19 pandemic has negatively affected project development in the real estate sector, sales operations of existing real estate, values and rates of return of existing real estate sector in general not only in Malaysia but all over the world. Stay-at-home orders by the authorities and the inception of new policy and precautionary measures, travel bans and restrictions on domestic and foreign tourists have adversely affected the tourism sector which has a causative ripple effect on other industries, including the real estate such as retail facilities, office and residence transactions, increased vacancy rate in hotels and much more.
My Sil who lives overseas owns a fully furnished cozy apartment unit at the opposite block of ours. Ever since the previous tenant moved out, we have not been able to help her get a new tenant albeit she lowered the rental rate and renovated her unit. She used to rent out the unit to Japanese expatriates but with borders closed and companies cutting down on staff, we do not foresee anyone renting the unit for at least another half a year.
According to the National Property and Information Centre (NAPIC), the property market contracted sharply in March and April 2020 due to the implementation of the MCO before picking up again in May as restrictions were eased during the Conditional Movement Control Order (CMCO) period.
NAPIC’s first half of 2020 data showed that the volume of property transaction declined 27.9% with 115,476 units compared to 160,165 units during the same period last year. Out of this, 75,318 units were those in the residential property sector which recorded a decline of 24.6%. The steepest decline was recorded in the commercial property sector which saw a 37.4% drop followed by the industrial, agricultural and development land and others at 36.9%t, 32.8 per cent and 28.6% respectively.
According to The Edge Markets, the overall property market in 2021 is expected to be flat or record a slightly better performance than 2020 as the start of the vaccination programme in the country would help in controlling the Covid-19 pandemic and start the economy on a recovery path. However, with the recent rise in infections and the implementation of the movement control order (MCO) 2.0 and the declaration of emergency, the hoped-for recovery may be delayed until 2022.
On a positive note, with the roll-out of the Covid-19 vaccination programme which has already started, the economy and subsequently the property market will be able to stage a sustained recovery once herd immunity is achieved. Property buyers may take advantage of the current low interest rates to buy their dream homes and housing developers are expected to intensify their marketing efforts to push sales before the Home Ownership Campaign 2020 ends on 31 May 2021.
If you’re in the midst of house hunting or know of someone who’s looking for one, now is the best time to consider in order to take advantage of the current low interest rates and Home Ownership Campaign. To find out how much you have to pay for your monthly repayment for different home price, deposit, mortgage amount, interest rates and term, check out this mortgage calculator for a quick and easy answer. Also check out this remortgage calculator if you’re planning to remortgage or refinance your home loan and would like to know the revised monthly payment and other details.
For starters, homebuyers will be able to enjoy full stamp duty exemption on the Instrument of Transfer for residential properties up to RM1 million, and a partial stamp duty exemption (3%) for those priced between RM1 million to RM2.5 million. In addition, the stamp duty on the Instrument of Securing Loan will also be exempted for residential properties up to RM2.5 million. And best of all, every homebuyer will enjoy a minimum of 10% discount off the purchasing price!
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. We’ve all enjoyed a year of being her guinea pigs and will have to wait for the next school hols to try her new recipes again. 
