Someone asked if the Housing Ownership Campaign (HOC) 2019 is only for first-time home buyers. Answer is NO. It is now open to ALL transactions during the HOC 2019 period from 1st January to 30 June 2019. Someone asked if this is for completed properties only since the Ministry of Finance is targeting to clear … Read moreHOC 2019: Not just completed properties yeah. (but not for sub-sales too)
Correction: Stamp Duty Exemption is STILL just for First-Time Home Buyers ONLY. Earlier article here about the suggestion for stamp duty exemption to be open to all and not just the first-time home buyers. The Finance Ministry has just announced stamp duty exemption for ALL purchases of properties during the Home Ownership Campaign (HOC) from … Read moreBBB + B? Buy, Buy, Buy is BACK?
I have received / seen this piece of news a few times. “NST: Developers expect glut in property market this year” and here’s another one, “Edgeprop.my: Developers foresee dark times due to glut, worse than 1999 crisis” Somehow, everyone loves negative news. Even for kopiandproperty.com, every time I write about bad news, the clicks go … Read moreProperty market Malaysia is worse than 1999?
Penang Rehda chairman Datuk Toh Chin Leong is urging the federal government to consider opening up the 6-month stamp duty exemption to all house buyers instead of just first-time purchasers. Article in TheMalayMail.com He shared that the association has submitted the proposal for the government’s consideration. He said, “We welcome the government’s move to introduce … Read more6-month stamp duty exemption to all, not just first-timers (good suggestion)
Once upon a time, the affordable homes in Penang were only available for sale to Penangites. Not even for someone who has worked in Penang for 15 years like me. The buyer(s) must be Penangite. The affordable homes come with an attractive price tag too. The price range are between RM150,000 and RM300,000 on the … Read moreNow I can buy Penang affordable properties too. (I am not a Penangite)
Updated. These days, it has become a buyers’ market as everyone was saying. So, is it then a buy, buy and buy then? Briefly, no. As for buying for own stay, it’s also not about location, location and location only because if we are expand the search just 10 minutes from the area we love, … Read more13 things to check before buying a secondary high-rise unit
These days, things happen very fast. A rental advertisement could be posted within a few minutes and deposit for the unit could be collected within the next 1 hour. One easy scam which has happened and reported? Someone advertising a rental rate which is way below the market. Some people called the ‘owner’ and believe … Read moreCheck your empty units, everyone!
The stamp duty for property transactions above RM1 million was not welcomed by the market. Of course, the target was not the B40 or the M40 households but this will subdue the number of potential transactions from the more experienced investors and when the numbers suddenly drop, the first-time home buyers would definitely lose confidence … Read moreIncrease in stamp duty delayed. Support for property market?
I am pro-development. Sorry to all those who are not pro-development. Let’s agree to disagree for this one. However, I am against over-development yeah. I am also against development without a good business plan which ultimately will kill the project and cause even more issues. Today, we talk about Penang Hill. There will be two new … Read moreFrom 12 rooms to over 200 rooms. Penang Hill gets exciting.
[Sponsored] The Clovers, Penang – An Overview The Clovers is a freehold luxury residential development by Asia Green Development in 2013 and completed in 2017. The project’s logo was inspired by the four-leaf clover, whereby each petals represent the element of fortune, hope, love and faith; signifying prosperity, good luck and blessings to bestowed upon … Read moreThe Clovers, Penang – An Overview