Today, Minister Datuk Seri Wahid Omar advised REHDA to get their members to stop pre-launch sales. The reason he said so was because he believed this was one of the ways in which the prices of properties were driven up. The reason was because these pre-launch sales typically attracted more property investors than genuine buyers. … Read morePre-Launch Sales behind speculation?
There has been nearly no talk about property bubble in Malaysia. Except for Forbes report recently. Is this because there is no property bubble yet? Or is the market too small and thus, not many analysts are covering it? The worst scenario predicted was that the market would be flat till 2016 before prices start … Read moreProperty Bubble everywhere
After the first article was published about the different opinions on the property market in Malaysia, it garnered no less than 1,000 views within few days. I think everyone loves it if someone can read ten different articles from ten different places, summarises them into just one article. Ok, I am doing the second summarising … Read moreMORE opinions on ‘property market Malaysia’
I am a firm believer in buying value. In terms of value, I am not talking about buying a property worth RM1 million and earning RM200,000. (20% return) I am more inclined on buying RM200,000 and earning RM60,000 which gives me 30% return. I know, some of you would disagree. That’s great for me too. … Read moreGreater KL – Sungai Buloh
HLIB (Hong Leong Investment Bank Research) said that there are still many projects that continue to register high take up rate and gave an example of Paloma by Tropicana Corp Bhd which achieved 60% sales within one month of launch. This is still happening despite the tightening of the property market with more cooling measures … Read moreLong term uptrend intact – HLIB
Thanks to Michael Geh, the Senior Partner of Raine & Horne, we have this chart comparing the number and value of transactions by category of market in Penang from 1H2010 to 1H2013. We can see the actual sudden increase was from H1 2010 to H1 2011. The primary market transactions grew nearly 700%! This however … Read morePenang property market – Number and Values of Transactions
Many years ago, my sister happily told me that she has placed deposit for a condo in Penang. I knew about the project. I asked her to cancel it. She asked me why. I said I prefer more reputable developers because it is a new property that you want to stay. She cancelled it and … Read moreBuying from a reputable developer
Would there be lesser property launches in Penang for 2014? Would Penang be the least affected property market? Thanks to Mr. Michael Geh, Senior Partner of Raine & Horne, we can view many of the upcoming official new launches easily within one page. Some of the projects below were already unofficially launched earlier where buyers … Read morePenang new launchings in 2014
A picture is worth a thousands words. Thanks to Mr.Michael Geh, Senior Partner of Raine & Horne, we have a very clear chart on the number of transactions in Malaysia from 1H 2010 to 1H 2013. I remembered in 2011, everytime a new project was launched, it was completely sold out within days. It is … Read moreProperty Transaction and Prices – 1H2010 – 1H2013 (actual numbers)
I am always for development. The more linkages that we can have with Singapore and Iskandar, the better. The bigger Penang airport, the better. The more world class universities opening in Malaysia, the better. The more private hospitals built, the better. However, a 148km bridge? It stopped me as I try to make sense of … Read moreHuh? 128km bridge between Malacca and Dumai?