Our new home in Alam Damai Jasa

9, Jalan Alam Damai 17 is our new home. We've just paid an earnest deposit of 2% and currently appointing our lawyers to handle the paperwork.

Kelly saw those properties from the roadside on our way to look at Damai Perdana built by Mahajaya and we decided to go in and take a look. Immediately both Kelly and myself fell in love with it. I love the practicality of the design as there are no space wastage, minimal renovations required and the quality of the build by I&P. Kelly loved the space for her walk-in wardrobe and the facade of the property. The location was not too bad either - 10mins from Vista Tasik and ard 30 mins from KLCC. http://www.alamdamai.com.my/map.htm

Looking at the current property market scenario and the inflation reaching 7.7%, a 26 year high; we have to buy a landed property (albeit leasehold) to hedge against the increase in our basket of goods. Coupled with ever increasing cost of building materials circa 70% for cement, 50% for iron rods and 40% in transport - we just have to cut into our flesh and draw some blood out of our savings and future income. Afterall, like PuPPy said - we have been saving up on this - a property we both like and the space it has for our growing family. What's the point in stinging ourselves on something my family love?

Though we almost have to fight tooth and nail for this hot property, we won by sheer weight in numbers. We've paid what the vendor wanted and more. But we're paying what we think this property is worth and at the end of the day so there will not be any regrets. When you have a calculated risk taker rat like me and a calm ox to figure out when the dust have settled, you can't bloody well lose.

The VP will be on 2nd August, 2008 and that's when my vendor collect the keys. But, I've already seen it through some Indonesian workers doing some touch-up on the house. They were kind enough to let me and my agent to walk in and take a few shots. Until this day, Kelly and the rascals have not seen it as yet. But they have seen other houses around the same vicinity and trust my choice. there isn't much choice anyway! There was only one intermediate unit out for sale. When I called my agent (Woo) for Henry's interest, Woo proudly said that he had 7 buyers in hand with one even wrote him a cheque for 2% when they met up!

Met with Raymond and Edward for our usual rounds 2 days back. They gave me all sort of their worldly advice on properties in which I do appreciate dearly. Edward was also extremely keen on my house and he have seen those houses before, he even could name the price offerred in the advertisement! Anyway, this bloke "accused" people like me for "frying-up" the price of properties. Too bad bro, you ought to offer it straightaway without reservations. But the purchase price I check with SPPK and I&P was circa RM388k, so by purchasing it at Rm460k - I'm just paying 18% more. This 18% was to counter the risk / cost of (i) uncompleted properties, (ii) increasing price cost of building materials, (iii) the interest amount that I have to pay while it was being built and (iv) the hassle and strings I have to pull to get a SPPK (Syarikat Perumahan Pegawai Kerajaan) house. It's worth every sen.

Chloe was thrilled to bits when I told her she was going to move to a bigger house. She started broadcast her intentions to her best friends in Vista Tasik. Somehow, I sense that Kelly will miss our neighbours. I will get her a car when we are there, a Savvy perhaps for her to move around and become a "ballet" mom ferrying the rascals to and from from school etc. I am going to miss the greenery, the pool (I hardly utilise these days) and the proximity of Vista Tasik to every inch of the Klang Valley. But that's another decision - to shift or not to shift. Meanwhile, I will rejoice with the gang on this purchase.

"Harlow, you stewpit loyar, how muchy discount u gip? Gip 70% lar.... suma all stended wan lar S&P...."