I was speaking to a young crowd today. It was a JCI event. I reminded the crowd with this statement, “Imagine, all of us in this whole room buys a few properties with ZERO down payment. Then, more and more and more people join us because we tell them how great it is to own … Read moreProperty crowdfunding is an alternative to homebuyers?
I would like to reiterate that the reason we have cooling measure is to ensure the prices cool down. It is not to push prices down because existing owners will get very sad if their home prices drop and banks will start to have cold sweat if the valuation for all their existing home loans … Read moreHouse prices rose 9.1% yearly since 2009. Oh dear…
How much time do I spend on property related stuffs per week? Well, on a daily basis, 3 hours. On some weekends, maybe 4 hours. So, on a weekly basis, probably 19-23 hours. I read and write daily. Fortunately for me, this is a passion and this is why i could write daily. As for … Read moreWe spend SO MUCH time on property (make it happen?)
A relative just related to me last week about the big issue in her condominium in Penang. She said, the rubbish has not been cleared for a week. The cleaners’ company were somehow not paid and thus, they refuse to do the work. The security company meanwhile has threatened to stop working unless they are … Read moreStrata homes issues and the roles of JMB, MC, COB and SMT.
Buy Low, Sell High concept Let me laugh first. Haha. I think everyone knows that the best investment strategy (whether property, stocks or even unit trust) is always to buy low and sell high. Even for developers, they will be looking to buy land at the lowest price possible and constructing their ‘masterpiece’ with a … Read moreBest property investment plan: Buy low, Sell high.
Yesterday, I heard someone shared about the possibility of building / constructing new properties only after understanding what people want. Perhaps to ask them what they want. Supply of new homes should just follow demand and there will be no overhang in this case. Frankly, after listened to countless people telling me about their favourite … Read moreWhy we could not ask people to tell us what they want. (property lah)
I did not really think there is a need to write about this but then again a friend said that now the Finance Ministry is the ‘approver of last resort’ when it comes to home loans. They could change the decision of banks. Frankly, I do not think so. At most, they (Finance Ministry) are … Read moreCould not get your loan approved? Tell Finance Ministry.
These three distinguished people are extremely important to the property industry. They are Miichael Yeoh, the B (BANK), Chris Tan, the L (Law) and Richard Oon, the T (Tax). Total industry experience just for these 3 awesome speakers? Over 65 years! Stop wondering about these: Is this the best time to buy? Are we hitting … Read moreSign up NOW for Property Investment BLT 2.0. Free BLT VIP Books and tickets. (T&Cs apply)
I really want to ask this question because again, I read about some experts’ comments in the media about property prices in Malaysia being way too high versus income. Do not wish to quote that article because I debated with the person before. She is a prominent researcher and I am just a regular blogger. … Read moreRM350,000 vs RM5,000 salary. Problem?
Generally, when an economy does very well, the interest rates are raised. The central bank does not want the economy to get overheated, does not want too much speculative activities (people simply buy properties, stocks and everything) and does not want inflation to up too much. (way faster than salary increment for example). Then, why … Read moreLower rates are possible. Home buyers rejoice?