Remember the brouhaha about the property crowdfunding announcement many months back? Well, there are more progress to it but before we get too lost trying to understand the regulatory terms etc, here’s an easy to understand summary and commentary by a prominent lawyer and real estate personality, Chris Tan. He’s also a TV host for … Read moreProperty Crowdfunding Framework in Malaysia – summary and commentary by Chris Tan
kopiandproperty.com learnt a lot about IBS within one day from the IBS Conference by MIEA Institute. My personal idea (and most people’s) about IBS also known as Industrialised Building System would be these few things; it will help us ween off the need for too many foreign construction workers, it will save lots of time … Read moreIBS’s significance to the industry and the challenges to stakeholders
There’s a proverb in Malay called ‘durian runtuh.’ Briefly, it meant unexpected big profits. In one English word, it’s ‘windfall’. In the world of tax, there’s this tax called windfall tax. This is the explanation by Investopedia: Windfall tax is a tax levied by governments against certain industries when economic conditions allow those industries to … Read moreLending standards and windfall tax
A good friend said that when there are too many units of affordable homes, the prices will not be rising. Well, as long as the overall demand continues to increase due to urbanisation of the population, the following scenario will happen. It has happened in all advanced nations of the world today and will definitely … Read moreFurther, Smaller, Future. Same price?
Buying a property is a big decision. It is usually the biggest purchase we will ever make because it’s usually a few hundred thousand ringgit if not higher. Even affordable homes are usually RM400,000 or lower. This is why for first-time home buyers, they are usually the first to worry and the last to buy. … Read moreFirst-Time Home Buyers need confidence. (info, numbers and incentives)
My personal opinion about our EPF money is to leave it for our retirement. The reason is because I could not afford to have something happening to it. I know, someone wants to tell me that ‘but if you leave it in EPF, you think it’s safe?’ Haha. Briefly, Yes. Unless Malaysia falls into some … Read moreM40 and B40: EPF’s monthly contribution as a ‘home’ solution?
Good and timely maintenance is key to continuous appreciation of property price. However, this is an issue with many affordable high-rise units today. Without a strong management team to collect the monthly fees from the owners, there will be shortfalls and these would meant maintenance suffers. After a while, the wear and tear becomes critical … Read moreMaintenance of affordable properties? KPKT has a plan.
It’s not easy for the government and all stakeholders when it comes to a mismatch in the property market. The people wants to buy homes but they want it to be affordable and it must be in a good location and at least have good features which they want. The current unsold units point to … Read moreMeasures to boost the property market
This is more for KLites. Paying toll comes naturally these days. We want to get to some place faster, we need to pay toll. Of course, there are times when even when we pay tolls, we are still stuck in a jam. Actually, it’s not advisable to have ever increasing number of cars on the … Read moreToll to drop… eventually. (somehow)
PR1MA is a good programme at its core; quality affordable homes for the people. However, simply building ever more homes under PR1MA programme is not going to help the situation because what’s built MUST be sold. Else, it adds up into the unsold stocks. As it is, the problem is already pretty huge. Earlier article … Read morePR1MA projects frozen pending PWC due diligence report.