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Day: August 1, 2024

beige concrete house under cumulus cloud
Press Release

Juwai – IQI: TYPICAL MALAYSIAN HOMEOWNER IS RM136,716 RICHER AFTER 10 YEARS

Malaysia-headquartered real estate giant IQI today released data providing a comprehensive analysis of the financial returns to homeowners, revealing that Malaysians who own their own home have become significantly richer through home price growth.

Juwai IQI Co-Founder and Group CEO Kashif Ansari explained, “The median homeowner in Malaysia saw the value of their home climb by RM136,716 during the 10 years to 2023. That’s an increase of 42%. Median prices increased from RM330,427 in 2014 up to RM467,143 in 2023.

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brown and gold gavel on brown wooden table
ABCs of Property Investment

150 units of same development in the same auction. Oh dear or wow, got opportunities?

I follow the postings from KL Selangor Lelong Properties in Facebook and I just saw this yesterday. Many weeks back, when I was in Melaka, I stayed at a homestay unit from which I could see this building (in the image). In my mind, I was thinking that this is a very big building and it may take some time for the whole building to be occupied. Even if I am a business, I need to have staying power so that the whole mall have time to build up its visitors number. Now I saw this auction listing.

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