Members of Malaysia’s Generation Z are poised at the transition between renting and buying their own homes, according to data released today by property giant IQI, a member of global proptech company, Juwai IQI. Members of Generation Z were born in the years 1995 through 2005 are increasingly facing the challenge of buying their first home.
Everyone hates inflation, I think. I could not think of any reason why people love inflation except those who are hoping for prices to rise to gain benefits from it. Maybe this includes people who hoard goods just so that they could sell it at a higher price the next week for example. When inflation is high… then the central bank may step in to control inflation. This is usually done via an increase in rates. However, if inflation is high and the economy is slowing, then the central bank would have to decide which is more critical. Growth in economy or growth in prices.
With the Johor – Singapore Special Economic Zone (SEZ) receiving a lot of attention lately, I think the property market attractiveness in Johor should increase. This is especially for Singapore based companies intending to set up their operations within the zone. The people they hire would work in Johor but there may be a lot of travel for the staffs in Singapore into Johor if their major operations plant is in Johor.
Overpriced property is always in the market. Somehow some of these overpriced properties could still continue to rise in price because people just love to buy them. I say overpriced because the rental could NOT even cover the interest payment for the repayment yeah. I also do not personally think we should calculate yield based on constructing additional rooms. In other words, if we need to build additional rooms in order to get a positive yield, then this property is overpriced. Find the ones which you have compared, benchmarked and know that the price is okay.