It’s very important for the government to have programmes for the B40 households. If this household really could not yet afford paying for a home via mortgages, then getting them to pay the lowest rental possible is necessary. The reason is because once people pay too high rentals, they have no savings for future. In … Read moreNational Housing Policy – social renting, private renting and ownership
If you prefer to buy a home which you are the FIRST owner, then you may skip this article. 🙂 However, if you are looking at buying something of ‘What You See is What You Get?,’ then this sharing is written just for you. In my property investment adventure thus far, I have bought both … Read more6 reasons I love secondary properties
I think my good friend in Penang will be slightly happier. He was asking me about the properties he acquired long ago which he needed to dispose now for his daughter’s tertiary education. He will ‘lose’a lot due to the sudden announcement of the 5 percent Real Property Gains Tax regardless of how long one … Read moreRPGT is to be calculated based on value from year 2000, not before.
Prime Global Residential Cities Index Q3 2018 launched by Knight Frank showed that the price of luxury properties rose 2.7 percent on average across 43 cities. This represents the WEAKEST performance in annual terms for almost 6 years. Article in NST here. Knight Frank Asia-Pacific head of research Nicholas Holt said: “Prime residential markets continued to slow … Read moreLuxury properties KL? Rising up but much slower than average.
Without a property, it’s usually poverty when one retires because by then, the income has stopped and yet one still has to pay for monthly rental. However, it is equally important to note that the downpayment is a huge issue and many times, rental is the only option a household may have at this point … Read moreRental housing for B40 under Residential REIT by Rehda
It’s always good to note that while sentiment among the first-time home buyers are not that positive, there are a lot of investors who have a firm belief with the long term potential of the Malaysian property market. Earlier article here: RM10 billion by CPCG into the Malaysian property market Now, we have another one. … Read moreAnother RM1.88 billion coming into the property market
I was giving a talk entitled, “The Key Driver for Property Demand will always be Affordability” in Starproperty.my Fair 2018 in KLCC and I asked the audience about Budget 2019. “How many of you here thinks the Budget 2019 is positive for you?” I looked around and none put up their hands. Perhaps they have … Read moreMildly positive and ‘less painful.’ Hmm…
My personal thoughts about unsold properties in the market is to ask two questions. #1 – Are these unsold properties because of the economic situation or because of the mismatch of properties? If it’s due to the economic situation, then I think the issue will be prolonged. If it is due to the mismatch of … Read moreProperty overhang is ‘worrying.’ Easing over next two years.
If we own a home which we are staying in, the main thing we are worried would be the maintenance part. We want to make it a comfortable one for the family. Water pipings and electrical wirings must been tip-top condition. Price appreciation will then come naturally, over many years of following the inflation rate … Read moreWhen everyone wants the property price to increase.
I love the title for REHDA Institute’s (RI) recent event: Budget Commentary 2019: Asian Tiger – A New Journey. As a Malaysian, I believe we share a shared responsibility towards our journey to become an Asian Tiger. Let’s roar, in the near future. Dato’ Jeffrey Ng Tiong Lip, Chairman of REHDA Institute gave his assessment on … Read moreProperty issues in our new Asian Tiger journey