Buy a Home for US$100

There is one hot topic that is been widely discussed both in the press and on other media; and that is the escalating property prices in Malaysia and Singapore. I have many friends in these two countries and they have told me that prices of homes have become unaffordable for the average income earners. In Singapore, government of Singapore had promised to increase the supply and speed up the construction of more HDB flats ( public housing homes ) for sale to its citizens. While in Malaysia, the government has introduced the My First Home Scheme to provide affordable housing to those lower income groups who are buying their first home.  Homes will be priced at RM230,000 ( US$76,400) and below and the eligible candidates can looked forward to 100% financing schemes for these homes. I would not go into the details of the schemes by the two governments as this is not the intention of this blog.

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Beautiful Homes for Sale in Malaysia

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Many friends that I have talked to told me that nowadays there is no such thing as buying cheap homes anymore. Well this statement is true if you intend to buy a home in Indonesia, Malaysia and Singapore. But you can buy cheap properties in other countries. In fact whenever I told my friends that you can buy a house for US$100 in United States, many of them were very surprised and then skeptical. Fortunately these are my friends and they do not see me as a con artist when I make this statement.  Right now there is a big glut of foreclosures homes in the United States; and properties selling at very cheap prices are plentiful in supply. But is there a catch in buying these dirt cheap homes? Definitely yes, as these homes are in dilapidated conditions, just like a empty egg shell and there are many other issues to look into as well.

I have written a blog in my other website on buying cheap homes in United States and if you are interested in reading it, just follow the link below:-

Buy Cheap Properties in America

 

 

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