Tun Razak Exchange (TRX)’s entire development has an estimated value of over RM40 billion. This is what it says about itself. Taken from the website. “TRX is an integrated 70-acre development that will be KL’s new CBD and Malaysia’s International Financial District.” If I remember correctly, it was in early 2018 when my business partner … Read moreTRX is one of Malaysia’s best assets. (Invest now)
I love it when developments are guided by a longer term vision. One such example would be the Kuala Lumpur City Plan 2020. (KLCP2020). Let’s face it, there are no cities which could become Most Liveable in the world but developments are done haphazardly or based on whims and fancies of the authority in charge … Read moreKLCP2020 – Fresh approvals for above permissible plot ratios
The HOC 2019 will be here in less than 2 weeks time. There are reportedly 180 developers with a stock of unsold properties worth RM22.5 billion. Whether these units sell or not would depend on the discounts that the developers are willing to offer to prospective buyers, the type of properties, location and housing loan … Read moreDo not miss a ‘small piece’ of RM22.5 billion sale
Ever wondered if a home of 160 sq ft is enough for a couple? Actually, there are homes of this size in Hong Kong which are being purchased by working professional couples. The major reason is due to price. Here’s one earlier article: Tesla vs micro-sized flat? What about Malaysia then? How much space is … Read moreIs your home size ABOVE or BELOW average?
When the property market is getting too hot to handle, the government steps in with cooling measures. Whether it’s Malaysia, Singapore, Hong Kong or even China, it’s important for governments to be attentive enough not to let the market ‘explode’ due to speculative activities. When the market gets a little too cold, then it’s also … Read moreThe lender, the borrower and the market.
Remember the good news about Home Ownership Campaign 2019 where developers promised a 10 percent discount of all homes whether completed or in construction? Earlier article here: Buy, Buy, Buy is Back? Then, it was also clarified that it’s applicable to ALL buyers during the campaign period and not just first-timers? Here’s that earlier article: … Read moreHOC 2019? 20 pct discount, please?
We should help all Malaysians needing a home to have a home. It may not be forcing them to buy immediately but perhaps the government could build homes and set them on the path of rent to own instead. Unsold units? Rent them out instead? Of course it could also be via providing them with … Read moreLeeway please, banks. Priority to the B40 for a home.
Governments play an important role in any property market because they act as an influencer. When the market gets too hot, cooling measures will be introduced so that the market will not burst. When market is lacklustre, the government needs to introduce stimulus and incentives to make it vibrant again. Malaysia has announced the stamp … Read moreWatch March 2019 for stimulus and incentives
I am a believer of renting first and buy later if one does not have enough ‘financial power’ yet. Well, perhaps not at the current property prices vs median household income anyway. I agree prices have ran too fast but I also disagree that developers are fully at fault for property prices. Seriously, it’s a … Read moreUnsold units? Rent them out perhaps?
Certainly a refreshing revelation. Budget 2019 was focused on reduction of overhang units. We even have the Home Ownership Campaign (HOC) 2019 as per earlier article here. All these point to the seriousness of overhang units and why reducing them as soon as possible will bring about positive sentiments. Then, I read this in an … Read moreOverhang units? We have none says CEO Datuk Chang.