Operating dates and times of AKPK Financial Advisory offices.

Updated as at 12 August 2022. Subject to further amendments from time to time.

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  1. What is the factors to consider before buying a house?
    1. Location of the property
      • Identify where you would want to live and the kind of neighbourhood that suits your needs.
      • Basic amenities like shops, banks, etc.
      • Availability of public transportation
      • Security
    2. Types of property
      • Landed properties generally cost more but tend to appreciate more than high-rise properties.
      • High-rise properties are more affordable.
    3. Type of ownership
      • Freehold property - Buyer will own the property for indefinite period.
      • Leasehold property - buyer will own the property for the lease period, normally up to a period of 99 years.
    4. Availability of title
      • A title proves your ownership over a property.
      • You will be issued an individual title for landed properties, while a strata title will be given for condominiums or apartments.
      • It is best to get a lawyer or someone familiar with this matter to advise you before paying any deposit for the purchase.
    5. Reputation of developer
      1. Assess their projects to see if they keep to their promises. Check:
        • If they deliver properties on time
        • The quality of their work
        • If they provide all the amenities as promised in the brochure
      2. If a project is abandoned, you are liable for all disbursements made by the lender although you do not get delivery of the house.
  2. What is the eligibility criteria to apply for a housing loan?
    Before committing to a loan facility, you need to assess the following:
    1. Debt-to-income ration
      • Try to keep all your monthly loan commitments to not more than 40% of your net monthly income.
      • If you are currently paying for a car loan, you have to assess if your current income can take on another loan. If it have already hit this limit, perhaps you may want to delay purchasing a house.
      • Always ensure that you can pay your monthly instalments in a timely manner.
    2. Mortgage Reducing Term Assurance (MRTA) / Mortgage Reducing Term Takaful (MRTT)
      • This is a one-time insurance premium which covers the insured in the event of death or total permanent disability for the unpaid portion of the housing loan.
    3. Loan-to-value ratio (LTV)
      • LTV ratio is also commonly referred to as the margin of financing. The margin may vary depending on the type of property, the existing loans and repayment capacity of the borrower.
      • Typically, lenders would lend up to 90% of the property’s purchase price.
      • When purchasing properties for investment purposes, it is best that you keep the LTV ratio low.
  3. Should I buy or rent a house?
    Buy Rent
    You may spend a lot of time to handle repairs and the general upkeep of the house. All repair works and upkeep of the house will be borne by the owner.
    Small improvements to your house can add up to your expenses in the long run. Maintenance expenses are usually covered by the landlord.
    Tied down to your house even though you are not happy with your neighbour/area Has freedom to move out.

  4. What other cost and charges are incurred when buying a house?
    • Sales & Purchase Agreement - Legal Fee, Stamp Duty, etc.
    • Loan Agreement - Legal Fee, Stamp Duty, etc.


The world we live in is increasingly complex, especially for the youths, and they will eventually need to take charge of their future and finances. Financial education in the tertiary stage is for those between the ages of 18 to 25 currently pursuing post-secondary education. Providing them with the appropriate financial know-how at this point will build up their competence in dealing with future financial decisions. This module focuses on cash flow management, the importance of savings and setting up a budget, internet banking and other appropriate topics for university and college students.

Entering Workforce

This stage comprises those between the ages of 20 to 30, i.e. mainly those who are just starting out in life. Financial education is essential to this age group as they learn to be independent in most matters especially financial management. In their minds, a car is a want rather than a need, and normally sits at the top of their list of things to acquire. Our Entering Workforce module focuses on understanding the fundamentals of borrowing and the importance of borrowing productively to encourage positive net worth. Financial education at this stage is also aimed at inculcating the habit of managing debts wisely. The module also introduces the fundamentals of investments and the importance of insurance for a better tomorrow.

Starting and Raising a Family

The module for the next life stage is for those who are starting and raising a family. People in this category are approaching that time in their life when they will normally experience important and meaningful life’s milestones: marriage, children and a new home. Designed for those between 30 to 40 years of age, this module will focus on settling unproductive loans while reducing debt commitments as they prepare for retirement. Emphasis will again be placed on the importance of planning for and protecting against uncertainties by talking about the types of financial tools available. They will learn the various types of insurance policies and be able to decide on the best coverage based on their affordability for their precious family. Education will also be given on the appropriate investments that will provide passive income for a better tomorrow.


The transition from working to retiring involves many tough decisions regarding income and lifestyle needs and whether one plans to ease into retirement or otherwise, while considering factors such as wealth management, whether a pension is enjoyed, and EPF balances. These are big decisions with long-term impact on their financial well-being during retirement. To make the best choices, they require sufficient knowledge and intense awareness of how they want to live through their retirement years. Therefore, our pre-retirement module will prepare them for retirement by teaching them the proper use of their investments and review of their portfolio while servicing their insurance policies and settling unproductive debts to improve their net worth positively.

Post – Retirement

You have retired. How would you manage your money now? Considering that the average life expectancy in Malaysia has improved, it is more important now than ever to ensure that you have the financial resources to live a comfortable and happy lifestyle—particularly if you are looking forward to retiring with peace of mind. Taking care of your wealth and making it last are important at this stage. Financial literacy and education is a continuous life lesson that does not end at retirement. Now, more than ever, you need to manage your finances wisely and plan for the unexpected. Our post-retirement module is focused on those who are currently transitioning into retirement or are in the early stages of retirement.

Early Adulthood
Adult – Middle Adulthood