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.
The world is indeed a vibrant place. We have people lamenting low salaries in Malaysia but yet cafes serving RM12 lattes are mushrooming. Plus the bubble tea scene is now getting very hot, again, somehow. The fact that some ingredients are now boiled / cooked in front of customers meant that premiums could be charged. … Read moreNeed to buy luxury goods? It’s nearer than you think.
Brexit is a decision by Britain to leave European Union (EU). The main reason was related to immigration matters. I personally think this is not the right decision but the majority have decided. Britain’s current Prime Minister Theresa May is having huge obstacles to carry out what has been negotiated with the EU and the … Read moreUncertainty is never good for the market (any country…)
I am against Brexit because I think the UK will gain more by staying within the European Union and not outside. Earlier articles are many and here’s one. Well, at least we have one more prediction which tells of the potential of the UK losing the 6th largest economy crown to France due to Brexit. … Read morePowerful sentence. 3 Asians and 1 European (countries lah)
A friend said that homes in Malaysia are getting way too expensive and soon no one could even afford one. I told him that every year we continue to have huge numbers of transactions running in hundreds of thousands. He questioned, ‘Then why unsold properties are so high?’ (Earlier article here) I replied, ‘let’s just … Read moreAffordability of homes? It’s an issue EVERYWHERE.
This could be considered a friendly transaction. Malaysian companies to Malaysian funds. S P Setia Bhd and Sime Darby Property Bhd will be selling the phase two commercial assets of the Battersea Power Station to Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB), in a deal worth £1.58bil (RM8.35bil). The transaction is expected to be … Read moreS P Setia, Sime Darby Property sells. EPF-PNB buys. RM8.35 billion of Battersea.
If someone were to tell me that there are still properties out there which gives positive rental yields today, I would ask, where? If that someone were to tell me that I can still get double digits in rental yields, I would think it’s a scam, seriously. From Singapore to London and even Malaysia, due … Read more11.6 percent average rental yield is CRAZY…
Nope, definitely not in Malaysia. It’s £2,000 per month in London. Here’s that report in homeandproperty.co.uk I know, suddenly everyone wants to tell me that I should compare apple to apple. Londoners are earning £, so surely they have no issues in paying for the £2,000. Noted. The average salary for people working in London as at 2017 … Read moreWhen average monthly rental reaches RM10,629 per month.
You know, with experts, there’s always two sides, at least. Many times, multiple sides which explains why even for properties or cars, there are no such thing as the ‘perfect’ one. I am against Brexit. Remember Brexit? Yeah, the exit of Britain from European Union (EU). I think it will be bad for London because … Read moreBrexit: Good or bad for London property market?
London property market is obviously loved by most property investors. Especially the super-wealthy ones and it’s not only due to the exchange rate because even for Londoners, they are struggling to buy a home sweet home. There’s an article about its size and attractiveness in dailymail.co.uk recently. The total value for the London property market is … Read moreLondon property market dwarfs the rest but has stopped booming