/* Magenet Universal Plugin code */ October 2019 | My Oyster 123

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2 Loans Rejected

After discussing with my family about the landed terrace house, my family is strongly against it, as the bank interests alone cost half a million dollars if paid in 20 years. Hence, I asked for bank rejection letters in order to get back my earnest deposit for 10 Denai Pinang 16 which cost $1.75M and another at 2A Denai Pinang 8, Phase 1 of Azira. It is located opposite Quayside and Straits Quay. It is a 2.5 storeys terrace house with a big garden or greenery behind but the porch can only accommodate 2 small cars. The owner of the first house, Mr. Lim, was elated when I decided to buy and promptly bought a $60k house for his daughter in Singapore. Now he is short of cash and I don't know what to do with him. I have requested 2 loan rejection letters and will get back my earnest deposit. The second one was the owner of Converse, apparently downgrading to sustain his struggling business with 4 outlets in Prangin Mall, Gurney Plaza, and Queensbay Mall, and another in Butterworth.

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Bitten by House Buying Bug

I am contemplating buying a landed terrace house in Straits Quay, Tanjung Toking for 1.84 M after bargaining hard from 1.88 M. It is a 2.5 storeys high terrace house in a gated community in Phase 1. I also went house hunting in Sunway Cassia and IOI Stramaz Residences in Sungai Ara, but those places are a bit off for me since Sunway Cassia was facing a low-cost Malay apartment on the way to the gated guardhouse. Although the interior designing was superbly done and supposedly cost $250 k, the disadvantage was I saw a Malay vagabond hanging around the low-cost Malay apartment, which is a big no-no.

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Sold 4 Umbrellas

I think it was a steal to sell 3 Golf umbrellas and 1 normal umbrella for $28. Well, I had to get rid of too many umbrellas given free especially by banks like the long golf umbrellas. They take up too much space and lie doing nothing as I have my own usual umbrellas that I put in the car for rainy days. With too many things, the place looks cluttered and now it is time I sell my stamps and first day covers collected since childhood. These will bring a premium if you have the time to do some research. There are the professional stamp sellers that will queue for first-day covers and mint sheets to sell at the right time whenever they are available at the post office.

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Back from JB

I was in Johor Bahru yesterday, waking up as early at 4:20am to blog a little and then get ready to have breakfast and thereafter to the airport to catch the 7:00 am flight by Air Asia, which flies direct from Penang to Johor Bahru. We went there to collect a down payment cheque for sports courts to be completed in a timely manner. The boss also bought up the franchise of DoubleTree by Hilton in JB and also owned the next block which is a health specialist center. The meeting was fruitful and we spent hours at the site. I love the hospitality and the lunch treat of Hakka food consisting of all vegetables, tomato omelet and ginger steamed fish. Boy, it was filling and it seems that I ate for 2 meals! - lunch and dinner. We came back a little tired as the flight was delayed for 1 hour at the JB Senai International Airport.

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