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.
A friend asked me for the 3rd or 4th time, why I have not bought any SOHO / studio units. I asked her, why do you like these small units? She said it can fetch high rental. Actually, that’s quite a true statement. Imagine paying just RM300,000 for a nice 500sf SOHO unit, furnish it … Read moreSOHO / studio units – my personal opinion
My old friend asked this in Facebook today. He wanted to know which is a better to buy location. If you ask Penangites, they would tell you that Penang properties are too expensive. If you ask KL people, they will tell you look at Bangsar, Desa Parkcity or even nearby KLCC. How can Penang properties … Read morePenang property versus KL, which is more expensive?
I was here a few months ago with my wife and I am here today with my in-laws. Today instead of set we took aka-carte. The highlight for me was of course to try their Vietnamese coffee. Any Vietnamese restaurant which does not serve good Vietnamese coffee, please… do not call yourself Vietnamese coffee. So, … Read moreVietnam Kitchen – One Utama
A friend of mine who is a sales manager in an online company told me that she earned 50% profit the other day as soon as her new property was completed. I said, do you own the property or are you paying loan for it? She said she paid just 10% for the property which … Read moreNew property prices up 50%, how much is your profit?
Is it all rosy with Penang properties? I think the long term outlook is positive but according to a lot of my property friends, there has been a slowdown in Penang property market in terms of transactions. Due to all the new measures being introduced, some of the buyers felt that they want to wait … Read moreGloom and doom for property market?