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16.2% worse off, 52% ZERO financial growth. Yeah, Malaysians in KL.

We often hear of Malaysians complaining that they could not survive financially in Kuala Lumpur. There are many real cases due to some unforeseen circumstances usually but some are complaining while holding the latest smartphone in their hands. They could not afford both the cost of living as well as looking inferior in front of … Read more16.2% worse off, 52% ZERO financial growth. Yeah, Malaysians in KL.

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More iconic buildings in Kuala Lumpur? One more in 2021.

Should Kuala Lumpur have more purpose built office buildings? My answer is Yes. My reason is because I have visited so many dilapidated and old office buildings in Kuala Lumpur and I seriously think the owners of these buildings must refurbish them or they will soon lose out when the newer buildings come up and … Read moreMore iconic buildings in Kuala Lumpur? One more in 2021.

Yeah, property still too expensive for Malaysians.

“Should I buy a property?’ was the question on many Malaysians minds. Let’s just say I am not so sure because it really depends on we want for our first property. If we want the lowest price, the shortest distance to KLCC and hopefully a landed property, then the answer will be… ‘This property was … Read moreYeah, property still too expensive for Malaysians.

16 things to think about for N’Dira in 16 Sierra by IOI Properties.

Article written in collaboration with IOI Properties. Thank you for showing me around. A slow market, especially one where the demand is low because of negative sentiments meant that some good projects may actually be overlooked. By the way, it’s exceptionally not true that most properties under the overhang category are the ones people do … Read more16 things to think about for N’Dira in 16 Sierra by IOI Properties.

Uncertainty will cause even more waiting.

One major reason why people wait before they buy is because they feel uncertain about their future. A new segment B Japanese brand car of RM70,000? The purchase will not happen until the buyer feels that their job is secure; company should continue doing well. Property first-timers are always unsure, thus they will not buy … Read moreUncertainty will cause even more waiting.

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.

No separate affordable housing for civil servants

This article was written 3 years ago when it was revealed that 1 million civil servants have yet to own a home of their own. 1 million civil servants without a home I would not find latest numbers but hopefully the numbers have gone down. Both my parents are civil servants and they told me … Read moreNo separate affordable housing for civil servants

Turning around, perhaps. Two more quarters to know if it’s continuous.

When Sr. Norhisham of JPPH was presenting his slides, I think some participants in the REHDA Institute’s Big Data & Analytics for Sales & Marketing Conference may be disagreeing. His slides show some positivity with the market but the market situation should be otherwise, no? There are still people who thinks that transactions continue to … Read moreTurning around, perhaps. Two more quarters to know if it’s continuous.

House prices rose 9.1% yearly since 2009. Oh dear…

I would like to reiterate that the reason we have cooling measure is to ensure the prices cool down. It is not to push prices down because existing owners will get very sad if their home prices drop and banks will start to have cold sweat if the valuation for all their existing home loans … Read moreHouse prices rose 9.1% yearly since 2009. Oh dear…

Renting first and later getting a house key of our own? Rent-to-Own.

Many kept asking again and again. ‘but… property prices are already too high to buy.’ Search those property listing sites again. Lots of affordable properties still. Plus 100,000 affordable homes coming in 2019, okay? (read here) Even our RAC will be building affordable homes connected to rail lines (read here) As for the question of … Read moreRenting first and later getting a house key of our own? Rent-to-Own.

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