Month: May 2020

Many of you probably may have your reservation about buying below market value property in Malaysia. This may stem from your own belief, as well as emotional judgment is involved; you might have overlooked the significance perks of buying auctioned properties in Malaysia.

1. Lower Price

The most appealing benefit of buying auction house is that it could be had for much more economical than a comparable property listed on the sub-sale market. Therefore, considerable savings here could be realized.

Besides, this option of buying auction property could be intelligently considered by a savvy property investor. Saving had to be seen to reach as much as 50 per cent of a bank’s market value of a property at auction!

2. Be Confident with Auction Mechanism Transparency

All of the properties are auctioned-off by the decision of respective banks with the approval of the high court and the land office, where the auctions can only conduct by the licensed auctioneers.

There are no grey areas to question the sale of lelong property, for a consumer market dictates the sale price of a property at auction.

3. Save Time & Effort of Buying New Launches

Instead of attending the developers’ new launches house to get the best deals, why not try a different approach to get the best deals? Bear in mind that the time and effort in place of researching and attending new launches, along with the inquiring and cajoling early-buy deals, could easily be redirected towards auction property.

Moreover, it is highly recommended for you to do research beforehand about the auction properties. This will help you quickly realize that several local websites list these properties daily. By spending some time on them, you will discover numerous attractive deals up for the grabs.

4. Save Time & Hassle of Buying Through Sub-Sale

Buying a below market value (BMV) property also could help you save much time and hassle in negotiating the buying of a property with an agent or owner. Bypassing the traditional sub-sale mechanism has its own perks, for you can purchase the property purely at a real reflection of consumer market value. Click here to check out the list of BMV.

Also, you need to remember that you could request to physically view the property beforehand if there is an existing tenant along with a tenancy agreement occupying the premises.

Many of the property investors forgo this step as they expect the tenant or owner to refuse. Nevertheless, there is no harm for you to test your luck anyway. Some owners do welcome the chance of obtaining a higher bidding price while some of the tenants would want to continue renting from the new owner.

5. Considerations for Buying Auctioned Properties

The lelong property auction mechanism of buying and selling to the highest bidder has been around for centuries all around the world. It is always recommended to seek out someone with superior knowledge and experience in purchasing and selling auction properties in Malaysia if you decide to take a closer look at it.

6. Find Your Dream Property

Last but not least, the auction process also allows any purchasers to think of property of not just an investment-based asset. But it is something which could touch the soul and warms the heart.

The auction of the property also could possibly enable you to buy a property that befitted as your ‘dream home’. By purchasing your dream house at a price, you may never have thought possible – this is basically a dream come true.

Getting an insurance cover is quite tricky. It is not like buying groceries, a shirt, or a chair. The reason is that buying insurance is like buying a promise. In case something bad happens to you, the insurance company will make sure that you get back to your feet. For example, if you have medical insurance and fall sick, the company will foot for all your bills as per the agreement.

Insurance is an intangible product and it can be tempting to question its value. Here are some of the top reasons why it is crucial to have an insurance cover.

• Lenders Need Insurance

Most lenders in Malaysia want borrowers to have in insurance. For instance, if you are using your house as collateral, you will need to have home insurance for the same. The financial institution will need proof for insurance before trusting you with their funds. It cushions the lender against any exposure to risky elements.

• In Some States, Insurance is Compulsory

If you own a motor vehicle, the law requires you to have vehicle insurance. You cannot drive in Malaysia without a sticker showing you have taken insurance for your car. This insurance is crucial as it mitigates the risk of life on the road. Some employers must also have insurance for their employees depending on the nature of work. Not having such a cover is a breach of the law that is punishable.

• Peace of Mind

An insurance cover will give you the peace of mind that you deserve. For instance, a person who has life insurance will be sure that his family will be taken good care of in case of his departure. A person who has homeowners insurance will have less to worry about in case of fire or storm damage. You will also have the peace of mind while on transit and have travel insurance.

• Business and Family Stability

The insurance covers act as a safety net whenever a risk comes your way. If a family loses one of their members, the life insurance will take care of that. The same case also applies to businesses. The business will go on even when you lose a key stakeholder or piece of equipment. We also have the critical illness insurance that will make sure that you don’t use your business funds on medication. Therefore, things will run as usual even when a crisis comes your way.

• Insurance Protects Small Guys

All industries have both small and big players. In case of a risk, the big players find it easy to survive. However, the small players will find it hard to sail through. Small brands are exposed to higher risks and may sell out to bigger brands. Click here to find out more.

The insurance will cushion the small businesses against any risk hence helping them to survive for long. Therefore, insurance will prevent the formation of monopolies hence creating a competitive market. You can take a professional liability even if you are a newbie in the industry.

• Insurance is the Right Thing to Do

Apart from exposure to risk, you can also go for an insurance investment plan. Most insurance companies offer this product to their customers. You need to have a goal of what you would like to accomplish after a certain number of years.

You will be saving a certain amount of money with the insurance company on a monthly basis. It is upon the insurer to invest your funds in the most viable business project. The insurer will pay back all the money plus the interest after the period elapses. You can use these funds for the intended period like education. Click here to login MyAllianz Customer Portal to find out more.

Customers Satisfaction of The Process, Not the Products

Online business customers nowadays focus on fulfilling customers demand at their best. As customers remain the most important driving force in the e-commerce business.

Thus, customer satisfaction has become the main priority. The same goes for providing delivery company service, as online customers demand more than before. They require the complete communication process from the beginning to the end.

Which includes offering express online courier service on the website, acknowledgement of the order after the purchase, either via email, on-screen or SMS.

Online customers also rely heavily on updates as it signifies that the cargo company in Malaysia cares about them on the progression of receiving their delivery.

Delivery can make the customers planning their day around it. Thus, providing a time slot for cargo service can ensure customers are satisfied with their experience and causing them to purchase with you again.

In online business, reputation is almost everything. When a company provides poor-quality lorry transport services, it will have a significant negative impact on the business reputation. In these days, social media is the channel for customers to vent their anger.

Thus, it is essential for business and the company to provide a high-quality transportation service. Click here to check out one of the highly reputable truck courier company in Malaysia.

One negative review of the logistics services will cause others away from buying with you. A negative shipping experience can have an irreversible impact on your relationship with customers. 84% of consumers say that they won’t return to a brand after just one poor delivery experience.

One mistake will erode the brand image, and customer loyalty as these mistakes add up and affect your bottom line as well. In today business environment, the merchant is competing on customer experience against each other.

Having the lowest price of the best product will no longer be the golden guarantee for high sales. Customers will do detailed research and compare each aspect of the business, including top logistics company in Malaysia.

New Customers Matter the Most?

With new customers coming into your business, house and office mover is taking as the first determinant for customers to judge the company. Delivery is the first direct interaction between a new customer and the company besides the inherent ethical values.

A business that sustains movers in Malaysia will create a good impression for their brand and open up gates to the other transaction with the customers.

Satisfaction Ratings

Customer reliability is built up by continuous on-time fulfillment. Through delivery service, the branding will work better than other PR opportunities.

The satisfaction of customers tends to motivate them to share their positive experiences in the form of ratings and reviews. These ratings on products on different channels bounces back and increase the business credibility. Thus, in the long run, delivery services facilitate customer loyalty.

Tracking the Order Conveniently

Customers that purchase at multiple places are busy with their shopping experience. Hence, online order tracking function has become another factor that could satisfy their demands.

By offering clear and accurate online tracking of their order, online retailers can reduce the anxiety of consumers and maintain their logistics efficiently as well.

Returns and Refunds

A significant challenge for online shopping will be the handling of the performance. Reverse logistics has become an integral part of online business operations. Experienced courier service will be able to handle the unique and challenging demand for online business.

When it comes to giving gifts to anyone, it takes considerable consideration because it is to ensure the other party to like the present. It is essential for clients to like the gift because it will reflect the company’s image of how the client thinks of you. There is a corporate gifts supplier in Malaysia that sells an item that specializes in corporate gifts. Some suppliers can customize the corporate gift to match the clients liking or also placing anniversary year, company name and many more.

The benefits of hiring a corporate gift supplier are that the chances of giving the perfect gift are higher because of the experience and knowledge these suppliers have. Moreover, with creativity, the suppliers can provide corporate gift ideas to best match the needs and requirements.

Premium Gift for Reputable or Big Companies

When it comes to giving a gift in the corporate world, it is very important to provide the perfect gift because it reflects the company’s reputation or image. Premium corporate gifts are widely used when the client’s company brand is very reputable. That is because it is to show the appreciation to the client by giving the premium gift. Visit Inetolgift’s website to understand more.

The good news is there are no worries when it comes to giving the premium gift because there is a premium gift supplier in Malaysia to plan out the perfect gift. One of the most popular premium gifts is a leather cardholder, laptop bags, thermo tumbler, corporate pen and many more. Therefore, one can notice that the items are mostly used in the corporate world rather than the regular items used by people.

The trick to Make Clients Or Employees Feel Appreciated

When it comes to customization, it enables a person to feel that being cared for or focused by someone. When a company designs custom made the corporate gift by specially making the gift to meet the client’s or employees’ personality, it will show the care from the company. For example, one can give a leather wallet with the receiving party name or initial engrave to the portfolio.

Some companies are also able to give a personalised branded gift which will make the receiving party more special. Imagine receiving a branded item with your own name on it, and it will undoubtedly make you feel more special holding the gift and appreciating the person giving the gift.

Moreover, when a company gives a personalised branded gift to another party, it gives the receiving party that the donation is specially made to personal likings.

There are so many corporate gifts that a company can buy. Tips to add a lot more meaning to the gift so that the receiving party will feel different about you from others are by making personalised corporate gifts. One can get creative by putting on the favourite party things or the name on the gift. In this century, many people are sharing stuff on social media hence able to see what the receiving party likes.

However, an individual can get more ideas and creativity from a personalised gift company, whether in physical stores or online stores in Malaysia. That is because these companies focused on corporate gifts and had a deal with various clients hence able to know which gift is best to fit the likings.