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When economy is not well, property market should not do well.

Every time I start speaking about property market, I will start with the economy. Let’s understand that the fundamental for the property market is the economy. It is not about 30% of the properties being purchased by foreigners for example. It is definitely not when affordability becomes non-existent and every property in the market beyond … Read moreWhen economy is not well, property market should not do well.

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When rates are cut, what does it say?

This was widely shared by all media whether big or small yesterday. Even within Whatsapp groups, I got the same news no less than 5 times. Okay, so Bank Negara Malaysia (BNM) has decided to cut the Overnight Policy Rate (OPR) to 3%. It’s a reduction of 0.25% and this was the FIRST time they … Read moreWhen rates are cut, what does it say?

Lower rates are possible. Home buyers rejoice?

Generally, when an economy does very well, the interest rates are raised. The central bank does not want the economy to get overheated, does not want too much speculative activities (people simply buy properties, stocks and everything) and does not want inflation to up too much. (way faster than salary increment for example). Then, why … Read moreLower rates are possible. Home buyers rejoice?

ECRL + Bandar Malaysia = POSITIVE IMPACT

The reasons why good infrastructure projects are good for development is because it brings many economic benefits. Connectivity between more towns and cities meant that economic growth will be wider instead of just that one major city for example. So, this is where we reap the multiplier effects. We do not need to look to … Read moreECRL + Bandar Malaysia = POSITIVE IMPACT

ECRL continues… cheaper and redirection.

Connectivity is always beneficial to all towns / cities along the route with a stop. This is why I am a huge supporter to High Speed Rail JB – SG. Since that is delayed, there are not much news. Well, at least we have news about East Coast Rail Link (ECRL). It looks like it’s … Read moreECRL continues… cheaper and redirection.

Positively falling; household debts Malaysia. (Good news, no?)

Property prices are falling (some people talk about it, some people shout about it). Well, here’s something else which is also falling; household debts Malaysia vs GDP. Both should be positive news. Property prices falling may have brought down the cost to own a property and thus household debts are falling too. What is household … Read morePositively falling; household debts Malaysia. (Good news, no?)

Downside risks, lowered GDP growth numbers

A friend asked if lower GDP growth number is going to be bad for the property market. I think to everyone who does not understand the property market, everything will be bad for the property market, right? Stock market is down, bad for the property market. LRT station cancellations, bad for the property market. Some … Read moreDownside risks, lowered GDP growth numbers

Higher end jobs, of course more expensive properties. :)

That Charles Tan of kopiandproperty.com (yeah, that’s me) said that one should buy within one’s affordability and upgrade when we earn higher salaries in the future. There’s really nothing wrong to buy a smaller unit or at a place slightly further away when one is just starting. Hopefully I could upgrade again in 2021 (yea, … Read moreHigher end jobs, of course more expensive properties. 🙂

Malaysia is very competitive, says Moody’s

When investors want to invest into any country, they needed to know if their investments are safe. Thus, they would refer to a few international rating agencies for their comprehensive assessment and rating. The three most major ones are Moody’s, Fitch Ratings and Standard & Poor’s. While there are slightly differences in their ratings but … Read moreMalaysia is very competitive, says Moody’s

Property market issues of today, explained.

Every time I think an article is good, I will share with all. Here is an informative article in thestar.com.my by Thean Lee Cheng here. It’s a long article but it’s worth reading as it has the views of many prominent experts. The few issues Thean mentioned in her article includes a residential overhang that … Read moreProperty market issues of today, explained.

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