A picture is worth a thousands words. Thanks to Mr.Michael Geh, Senior Partner of Raine & Horne, we have a very clear chart on the number of transactions in Malaysia from 1H 2010 to 1H 2013. I remembered in 2011, everytime a new project was launched, it was completely sold out within days. It is … Read moreProperty Transaction and Prices – 1H2010 – 1H2013 (actual numbers)
According to VPC Alliance Malaysia Sdn Bhd, James Wong, condo transactions would slow down and most probably face price correction. If this is true it will affect condo buyers like myself. Yet, somehow I agree. I think with the high growth in transactions beginning 2010 – 2011, the total number of completed condos should be … Read moreCondo transactions slow down and possible price correction
I read one different opinion from the research houses of banks today. It also provides a different point of view from some property outlook seminars lately. Instead of the terms such as cautiously optimistic, Siva said that prices will not recover until 2016. He stated clearly that the prices would be tough for 2014. Instead … Read moreProperty prices staying put till 2016
My colleague bought a new property recently and told me that he has a good deal. I asked him why. He said he bought it for just RM240,000 but rental can be as high as RM1,300 per month. It got me interested and I asked for the name and I did some checks online. It … Read moreProperty for rental – Kepong
One of the most respected news site Huffington Post published an article on the ‘world’s best places to retire in 2014.’ It said Malaysia is Asia’s best retirement haven. In fact Malaysia is third best in the world. There were many reasons stated. Let me summarise them as below: ‘A couple can live comfortably in … Read moreMalaysia is the best place to retire in 2014
With the whole Malaysia property transactions going down except for Iskandar as at November 2013, what may happen to the new launches next year? I read comments by DTZ Nawawi Tie Leung executive director Brian Koh in The Star. He said, ‘Developers are likely to launch less projects, downgrade specifications, reduce sizing, squeeze on construction costs, and … Read moreNew project launches in 2014 – what may happen?
Personally, whenever market slows down, it should be a good time for some bargain hunting. This is especially so when the market has been booming for many years and if you drive past a lot of condos these days, a lot of it are unoccupied even if owned by someone. If we were to refer … Read moreSecondary property market, now?
If money is of no concern and you want your whole family to stay under one roof, would you buy a bungalow? Do you know how much are the most expensive bungalows which are listed for sale in Malaysia today? RM10 million? RM20 million? RM30 million? Well, the answer is more. According to propertyguru.com.my, the … Read moreLet’s buy bungalows, why not?
Google him and you would know who this person is. Need no explanation in the economics world. He wrote an article in The Edge recently detailing how the global financial crisis was triggered by a series of collapsing housing market bubbles. He mentioned US as the one most well known. I think all of us … Read moreFrothiness building up in property market – Nouriel Roubini
Why do I say so? I give you three reasons. Affordability. Availability. Actually. Huh? Actually?? Haha…. Affordability is because when you compare around, leasehold properties are almost always cheaper. Sometimes up to 15% cheaper. If you are buying your first property, buy something lower than what you can afford. It helps in your mortgage payments … Read moreFirst home? Buy Leasehold.