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Category: ABCs of Property Investment

inflation
ABCs of Property Investment

House prices are falling because interest rates are increasing. Oh dear.

It means to ensure inflation caused by people buying too much or speculatively will be reduced. When people are not investing, not buying then interest rates may be lowered to make it attractive for businesses to invest and people to buy. For example when rates are low, buying a property looks cheap. Okay, in comparison to the rates I used to pay for my first property, the current rates are extremely low. Not even half by the way.

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inflation
ABCs of Personal Finance

Why buy property? Better save RM1 million instead

Recently, it has been revealed that many developed countries are suffering from double digit inflation and that’s one major reason why they kept increasing their interest rates in order to tame inflation. One biggest example is the U.S. The interest rates have been raised to the most current 3.8% from an average of 0.9% in 2020. It’s 4x higher versus that starting point. With all these expectations, the US$ continued to chalk new highs versus all major currencies except those which is pegged or linked to it.

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property market
ABCs of Property Investment

Budget 2023 and property market Malaysia

I think every media is reporting on Budget 2023 and continue to gain lots of attention on it too. As usual, there are the supporters who said everything great about Budget 2023 and there are also the other side which nothing would make sense unless they are the ones doing it. It matters very little yeah because both sides do not determine if we live well, earn well or even invest well. When we are successful in our investments, it depends on what WE do and not what both sides say or do yeah.

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hot property market
ABCs of Property Investment

Overhang properties up means property prices down?

Let’s look at the Total Overhang Units to have an idea how many residential units are actually classified as overhang. Overhang property unit is defined as units that have received their Certificate of Completion and Compliance but remain unsold for more than nine months after launch.

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JRK Convena
Kuala Lumpur / Selangor Props

The 6Cs for JRK Convena

Every time someone tells me about Transit Oriented Development aka as TOD, I would smile. I told them that both my wife and I are not really public transport users. She prefers to send the kids to school by driving because it’s very close to our home and taking the public transport may be even more inconvenient. Just need to remember this though, TODs are a necessity in many advanced countries.

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maintenance fees
ABCs of Property Investment

100% stamp duty exemption for first-time homebuyers

Yes, this is definitely good news for many potential homebuyers. Not sure how many first time homebuyers were waiting for this extra savings when they buy their very first property. This was just announced by Prime Minister Datuk Seri Ismail Sabri Yaakob yesterday. Please note that this is only for properties priced RM500,000 and below only. Meanwhile if the property is between RM500,001 and RM1,000,000 then they will get 50% off their stamp duty. This will be valid until December 2023.

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