Written info in A4 paper – full address (employer house add and Maid Indonesian house add)
Cost for 5 years passport renewal is RM109.00 as of March 2019. This cost inclusive of Biaya Paspor (RM92.00) and Jasa Ti Biometrik (RM17.00)
After submission (27/3/19) of completed document they will give you a slip with payment proof. They said normally will took around 3 days for new passport collection (stamp collection date which is in 1/4/19).
On the slip is also stated that we can sms to get update on the passport status before come for collection.
In my case it so troublesome – took me almost 3 weeks.
Type of Application: Perorangan Penggantian – Habis Berlaku
Due to Covid 19, Malaysian government decided to give loan moratorium for 6 months starting April till September 2020.
The moratorium applied to all banks under Bank Negara Malaysia and for individuals and SME who have housing loan, car loans or business loans. The moratorium will accrue all profit/interest from the loan.
At same time all commercial banks decided not to compound the interest accrued during this 6 months.
The moratorium is to ease financial burden to all affected Malaysians.
Let say we decided to take the moratorium. I would like to analyze for housing loan only.
So what we shall do the additional fund from the 6 months moratorium?
1) Use it if you really need it
2) Save it for emergency fund
3) Use it, to reduce your loan principal
Use The Saving from 6 Months Moratorium to Reduce Your Loan Principal
I would like to simulate what is the best way to reduce your principal. Options available as follows:
1) Use the accumulated fund to pay the principal by the end of moratorium
2) Use the monthly installment to reduce principal on monthly basis
Assumptions:
Loan Amount: RM100,000
Tenure: 30 years
Interest: 5% per annum
Monthly Installment: RM536.82
If no moratorium, the principal should be RM99,272 based on the amortization table.
housing loan amoritization for RM100k loan
1) Use the Accumulated Fund to Pay Principal by The End of Moratorium
No
Month
Principal (RM)
Profit / Interest (RM)
1
April 2020
100,000
416.67
2
May 2020
100,000
416.67
3
June 2020
100,000
416.67
4
July 2020
100,000
416.67
5
August 2020
100,000
416.67
6
September 2020
100,000
416.67
After 6 months:-
The accrued profit / interest: RM2,500
The accumulated fund saved from the monthly payment is: RM3,220.92
2) Use the Monthly Installment to Pay Principal On Monthly Basis
No
Month
Principal (RM)
Profit / Interest (RM)
1
April 2020
100,000.00
416.67
2
May 2020
99,463.18
414.43
3
June 2020
98,926.36
412.19
4
July 2020
98,389.54
409.96
5
August 2020
97,852.72
407.72
6
September 2020
97,315.90
405.48
After 6 months:-
The accrued profit / interest: RM2,466.45
The accumulated fund saved from the monthly payment is: 0
Which Option Is Better?
Principal
Amount after 6 Months (RM)
Comparison vs Do Nothing
Do nothing - principal amount based on normal amortization
99,272
100.00%
Use the accumulated fund to pay the principal by the end of moratorium
99,279
100.01%
Use the monthly installment to reduce principal on monthly basis
99,246
99.97%
There is not much difference in term of principal reduction.
Option (2) Use the monthly installment to pay principal on Monthly Basis is marginally better where it can reduce principal by 0.03%
How It Is Calculated?
Use the accumulated fund to pay the principal by the end of moratorium:
RM99,279 = RM100,000 (principal) + RM2,500 (accumulated interest) – RM3,220.92 (accumulated fund during 6 months moratorium)
Use the monthly installment to reduce principal on monthly basis:
RM99,246 = RM97,315.90 (principal on month 6) – RM536.82 (assuming reduce principal before starts interest charging from month 6 installment) + RM2,466.45 (accumulated interest)
Recently, I bought shares using Maybank Stocks Online Trading Platform. After purchasing the shares, I didn’t know how to pay for my purchases.
When I googled, I coudn’t find any useful help or information on how to make payment of my outstanding purchases. At the end, I had to make a call to Maybank call centre and get help.
According to Maybank, I must contact my stocks dealer to settle the payment via Maybank2u and my stock dealer informed me step by step on how to do it.
Before follow my steps, better call your dealer first. If you don’t know or remember your dealer phone number, you can contact Maybank help line (03 2297 8888) and they will provide you the dealer name and contact.
Steps to make payment on Outstanding Purchases
Login to Maybank2u
Select Pay & Transfer
Select New Payment
Select Maybank Investment Bank Berhad
Enter your trading account number in “Trading Acct. No.”
Enter your “Bill Reference No.”. Fill in:-
TRUST – you will be transferring your money in Maybank Investment Bank account. (your trust account will be tagged with your trading account)
maybank2u payment to maybank investment bank
Inform your dealer and share the receipt.
Remember to check that your Outstanding Purchase is cleared after the payment.
Due to Covid 19, lots of Malaysian and businesses are facing financial hardships. Fortunately we have our banking sector who is pro active in giving loan moratorium.
Loan moratorium is delay in paying your loan installments. In Malaysia, banks are giving 6 months loan moratorium.
CIMB has the highest dividend yield but low ROE and whether the dividend yield is sustainable in the long run.
Maybank has 7.23% dividend yield which is commendable with ROE of 10% but with higher than average PE.
Ambank has 6.33% dividend yield with PE of 6.13 which is below average which is good and above average ROE.
Public Bank has highest ROE of 12.64 means it is very efficiency in using its capital vs other banks but it has very low dividend yield.
Conclusion
Based on the numbers, without evaluating its long term business, I would buy Ambank it has 6.33% dividend and take only 6 years to recover the capital.
However on safe side, it is better to buy Maybank shares as it is innovative in digital area for example first to introduce online banking and digital payment which I think is the new disruption in banking sector.
Notes
Total dividend amount declared for financial year ended 2018-12-31
Bank Islam
Affin Bank
CIMB
RHB Bank
Maybank
Total dividend amount declared for financial year ended 2019-03-31.
Ambank
Total dividend amount declared for financial year ended 2019-06-30.
I sent my kids to join Kangaroo Math competition every year. Kangaroo Math questions are more problem solving rather than testing your kids Math aptitude.
I want my children to see how Math is used to solve daily and simple problems.
Again we went to Genting Highlands for our short relaxing vacation together with my parents. My parents for quite some time didn’t go to Genting Highlands.
This time we stayed at Vista Residence near to Petron petrol station and Starbucks.
The condo looks luxurious from outside. Even the unit itself feel luxurious. Internet YES was provided at the unit I stayed but it was quite slow. I think generally in Genting Permai, the internet it not that good.
Bedrooms
I stayed in 3 bedrooms unit with 2 queen beds and one single bed. It is suitable for guests of 4 adults and 3 kids. The bedrooms doesn’t provide night lamps so it was really dark hard to go to the toilet in the night. So I had to switch on the toilet light and opened a bit the toilet door.
The third bedroom the aircond remote was not working.
The floor is parquet so your feet are not cold due to the coolness of Genting Highlands weather.
Living Room & Veranda
The ceiling fan at the living room was a bit dusty.
It didn’t have shoes rack, so when 7 guests in the unit, the floor looked messy due to the shoes.
It had big veranda but it was a bit dirty because got few cigarettes buds drop from unit above me and the view is not that nice as it was looking towards the highway. You could hear the noise of the highway if you opened the sliding door at the veranda so at the end you can’t get the cool breeze going into the unit.
Bathrooms
For the bathroom, it is not that clean especially on the toilet bowl and the water pressure was quite low for my liking. Beside glass to put your toothbrushes were not provided.
No bidet provided some more!
Anyway the host was responsive when we wanted additional soap because the soap were a little bit only when we checked in.
I went to the gym every morning to have my light exercise. I like the gym because easy to go from the unit.
Swimming Pool
It has lap swimming pool and kids swimming pool with jacuzzi.
The swimming pool was not heated though. It was really cold. But my kids went to the swimming pool anyway.
Parking
Parking was hard to find at first because host just give the parking number. Hard to find it.
When it is raining, you will get wet just to touch the access card to open the parking barrier.
Recommendation
In short, I won’t stay again at Vista Residence due to amenities at the unit is not well thought and water pressure is low.
We went to Genting Highlands for short relaxing vacation. We needed 3 bedrooms as we have 7 family members, 4 adults and 3 kids.
For our stays, we chose AirBNB because it gives as better room space, kitchen area and better pricing compared to hotels. Furthermore there are lots of new condominium in Genting Highlands.
We have few options to choose for:
1) Geo 38
2) Vista Residence
3) Midhills
We decided to stay in Midhills because it offered best price for 3 bedrooms.
Water pressure at Midhill is superbly good. When you are showering, you feel awesome by the water pressure.
Floor is tiles so a bit cold at nigth.
The unit doesn’t provide aircond only ceiling fan. But Genting Highland is already cold, so you can sleep well at night without the aircond.
The LED TV doesnt have USB port to play my movies inside my external hardisk. It has NJOI and internet. Network coverage is a bit bad here . Only 3G so internet a bit slow.
Recommendation
I recommend MidHills Condominium because it offers:
1) Best value for money
2) The unit I stays is really cozy and provided with lots of simple things but give lots of convenient.
I stayed inside a unit of 2+1 bedrooms, size of 999 sqft. The third room doesn’t have a wall, so the owner did a sliding door as separator for the third bedroom.
I did my own comparison between the most popular e-commerce platform in Malaysia, Shopee & Lazada.
At first I like Lazada thanks to its smooth user interface and good delivery. But in one of my purchase I got issue with the seller and I’m unable to contact Lazada. Lazada is like a total AI platform without people interaction.
While Shopee is more human platform because you can contact Shopee and get replied from a human agent.
Thumbs up means it a win over its competitor while thumb down, the platform loses to its competitor. But it doesn’t mean if thumb down it is not worthy or reliable.
It is my way in making easy evaluation.
Below is my comparison and with it details comparison.
shopee lazada comparison
My preference is buying at Shopee if I can’t find an item at Shopee or I find that it is cheaper at Lazada then only then I proceed buying at Lazada.
Order Cancellation
Shopee
Cancellation by Buyer
Shopee still allows buyers to cancel order even after the item has been packed and on the way for delivery.
You just need to click cancel and choose the cancellation reason.
shopee cancellation reasons
So far I have done 2 cancellations due to sellers unable to deliver on time. I got the full refund without problem.
shopee cancellationshopee cancellation
Cancellation by Shopee System
Shopee also will cancel an order, if they find some problems with the seller delivery or the seller himself.
I also received full refund when order is cancelled by Shopee system. Unfortunately Shopee doesn’t notify you via email or gives any discounts like Lazada.
shopee cancellation by system
Lazada
Cancellation by Users
I never able to cancel my order in Lazada because there is no option to cancel after the order is packed even though it is very late in delivery.
Lazada only mentions we can reject the order by rejecting it at door step which is impossible to do because most of the time you are not at home when the item arrives at door step.
lazada cancellation
Cancellation by Lazada System
Fortunately Lazada will auto cancel an order and gives full refund if the order is late for delivery.
At same time Lazada will notify you via email on the cancellation and gives you discount voucher of RM4 valid within 60 days.
lazada cancellation by systemlazada email cancellation with discount voucher
Winner: Draw
Loyalty Program
Shopee
At Shopee, you earn Shopee coins when you buy at Shopee and when you give rating of your purchased items.
shopee earn coins by giving rating
You can use the Shopee coins to get discount for your future purchases.
Lazada
While Lazada, it doesn’t have its own loyalty program. It leverages on BCard. Whenever you complete your order payment, you can insert your BCard numbers.
Winner: Shopee
Delivery
Shopee
Orders Summary Delivery Status
shopee orders summary delivery status
Tracking Goods
Shopee tracking goods depends on logistics company use to deliver the item. J&T Express gives details information up to their delivery boy phone number for you to contact them directly.
While Pos Laju will give only summary info.
Due to non standardized information from different logistics companies, it is hard for to really understand meaning of each information.
shopee delivery J&T Expressshopee delivery pos laju
Delivery Notification
Shopee doesn’t notify you via email if the items are shipped out.
It will notify you via its mobile application.
At same time, the dispatcher will call you the check whether you at home or no. If not, he would just put it at your mailbox. But I notice, this is not standard practice. It is more depending on the dispatcher.
Lazada
Orders Summary Delivery Status
lazada orders summary delivery status
Tracking Goods
Lazada has good standardized tracking goods information regardless logistics companies used for the delivery.
It also will auto refund your money in case the item is not delivered within stipulated time.
lazada delivery – auto refund if not delivered within stipulated time
Delivery Notification
Lazada will email you, once the item is ready to be shipped out. It means either by today or tomorrow the item will arrive at your home.
When the item is delivered, it will send another email notification.
Besides the dispatcher will WhatsApp you directly informing that he already delivered the item.
lazada delivery whatsapp
Winner: Lazada
Payment Security
Shopee
Whenever you pay using credit card, Shopee will ask TAC to authorize the payment.
Lazada
If you already save your credit card information in Lazada system, whenever you pay using credit card, Lazada will not ask for TAC to authorize the payment.
Winner: Shopee
Support
Shopee
Email Support
Shopee does have email support and I sent few emails and I got replied in within 1 business day and it solves all my problems.
FAQ
It also have FAQ but sometimes hard to find the information you want but luckily Shopee has the email support.
Live Chat
So far Shopee doesn’t have Live Chat support.
Lazada
Email Support
Surprisingly Lazada doens’t have email support like Shopee.
FAQ
Lazada also has FAQ and its FAQ have images to make you understand better.
Live Chat
Lazada has interactive Live Chat. It is not live chat between you and customer service agent but it is more like FAQ section with interactive interface.
Last October, 2019, I went to visit sales gallery of Habitus at Denai Alam. It is the first high rise project at Denai Alam predominantly that have landed properties.
Habitus Scale Model
habitus scale modelhabitus scale modelhabitus scale model
Layout of Show Unit
show unit layout type A – 565 sqft
Show Unit Interior
habitus city of elmina living room show unithabitus living roomhabitus living room sofahabitus city of elmina show unit bedroomhabitus city of elmina bedroom show unithabitus toilet show unithabitus show unit toilethabitus show unit toilet sink
