When home prices rise too quickly? When home prices are rising VERY fast, what could central banks do? Well, they could issue ‘responsible lending’ guidelines to all commercial banks. Then, the lending will be more conservative and only to people who could almost all the time, pay their loans. They could also raise the interest … Read moreWhen home prices drop, interest rates will drop too?
Malaysian developers do not only build in Malaysia. They build everywhere, especially in a country favoured by many Malaysians who wish to find a new home; Australia. Here’s a good news and bad news, depending on ones perspective. The Australian Dollar (AUD) is actually weakening. It hit a 10-year low just recently even though it’s … Read moreWeakening currency means strengthening demand?
A friend said that homes in Malaysia are getting way too expensive and soon no one could even afford one. I told him that every year we continue to have huge numbers of transactions running in hundreds of thousands. He questioned, ‘Then why unsold properties are so high?’ (Earlier article here) I replied, ‘let’s just … Read moreAffordability of homes? It’s an issue EVERYWHERE.
Most Malaysians I know love to visit Australia. It’s really apt that their two cities; Melbourne and Sydney is always among the world’s most liveable cities. Personally, I have been to Perth, Sydney and Melbourne. Total days spent in my Australian trips thus far is 32 days. I think my family and I enjoyed all … Read moreS P Setia is confident with Melbourne property demand
I was at Resimax’s Property Power workshop recently. I think there were close to 100 pax in Intercontinental Hotel in KL. Learning as much as we could before we start investing is an important step, especially in a country where the currency is 3 times ours. I enjoyed the session because I learnt many new … Read moreFour important points about investing in Melbourne property.
I was in Melbourne just 2 months ago. It was my 4th time visiting an Australian city (besides Perth and Sydney earlier) and I have to say that it lives up to its tag of the world’s Most Liveable city awarded by the Economic Intelligence Unit (EIU) for the past 7years. (2011 – 2017). My … Read moreMelbourne: Most liveable and an attractive city for property investment?
After travelling 18 days in Australia, specifically Sydney and Melbourne, all I can say is that I need real food, for example Nasi Lemak with Ayam Rendang and I don’t even mind if the rendang is not crispy. Just joking yeah. Anyway coming back to topic, it’s expensive here (Sydney and Melbourne for a Malaysian) … Read moreKL is becoming too expensive? Now ranked 182 / 475 cities. Wow…
I love extra car parks. It’s a great convenience. My earlier article here: Should I buy the 3rd car park? In fact, as long as a developer is building condos, they must ensure there’s sufficient car parks within the project. In some projects an additional car park can be RM50,000. This is considered very ‘painful’ to … Read moreWhen even the car parks can be bought and sold like a home
From 1st June to 17th June, the total articles per day on average will drop to 1. I am really busy vacationing in Australia. Haha. Anyway, I am in Sydney now. I took a taxi from 13 CABs instead of UBER in Sydney. The trip from Sydney Airport to my hotel in Redfern costs me … Read moreSydney: Cost of living, property, taxi, trains and shopping
I think some may say that the following situation looks familiar here in Malaysia? Please refer to an article in theurbandeveloper.com “Gen-Y is earning more but buying property less’ The article says that the inequality in Australia is the worst in the past two decades; rich are getting richer and the poor struggles to keep … Read moreSalary? Earning more. Property? Buying less.