In my talks, I love to ask this question. ‘Are property prices increasing because developers are launching their projects at ever higher prices?’ There are always a few people who nodded their heads. Then, I asked, ‘Are property prices increasing because of speculation in the market?’ Usually, more would nod their heads. Fortunately when I … Read moreInteresting view on property price increase. I beg to differ.
Sometime back, someone asked me if buying a car is a bad investment. I look at him and say, it depends. You see, for someone just started working, buying even a segment B Japanese car like Vios and City is a bad decision and a bad investment. However, for a senior manager in a multi-national … Read moreSame car, same property? Different results for different people.
I think I have explained this many times in my talks. Happy to repeat it. Oversupply is definitely UNSOLD units. However, UNSOLD units is not equivalent to oversupply. Please Click here to read an earlier article yeah Fortunately, most of the people I talk to understand my rationale. However, the sentiment is still negative because … Read moreOverhang is ‘incorrect.’ Perhaps unsold is the correct word instead.
Nope, I do not wish to remind everyone again that the bank loves to lend money to home buyers. They are, seriously. Else, where are their profits coming from? They just want to ensure that money’s going to be repaid. There’s nothing wrong with these conservative measures. Earlier we read about CIMB announcing that they … Read moreHere’s RM50 billion housing loans for the next 3 years. Grab it.
I have many old friends who told me that the best time to buy a property is when the property market crashes. I asked what’s the price they will buy, none could give an answer. Instead the best answer is as low as it gets. Guys, there’s no such thing as ‘as low as it … Read moreSeriously, when is the BEST time to buy a property? Let me share 10 BEST times, soon.
A reader, S.C. wrote in with this message. “Hi, I read your article on investing in Melaka and its very interesting. I am from Penang basically and would like to know about your thoughts in investing in other states. Is it manageable and what are the things we need to know before we jump into … Read moreInvesting out of the city you live in.
There are developers who put their projects for sale in some online shopping sites these days. Lazada or Shopee for example. Before everyone gets very excited about it, actually, they (developers) have been putting up their projects for sale for a very long time, online. You see, most developers will launch their projects together with … Read moreSelling homes online? It’s great for Awareness, really.
This morning, I had breakfast with a good friend in Solaris Mont Kiara. He told me that his friend who’s a Real Estate Negotiator (REN) specialising in Mont Kiara and its surrounding areas used to have so many expats asking about renting in Mont Kiara everyday but these days, those numbers have reduced a lot. … Read moreIf only I could afford… (thinking distance versus price)
This is for owners who have rental income but is not so sure how to declare it for Year of Assessment 2018. What are the possible deductions? Are all expenses on the units deductible as well? There’s no need to guess… The below is a very easy to understand image and excel sheet from Ms. … Read moreEasy to refer. How to declare our rental income.
Education is an evergreen industry. There were those good old days when a primary education is considered the norm in Malaysia. These days, higher education is becoming a necessity because the job market is getting competitive and good companies hire only those with qualifications. Thus, property developments with education mix as one of its elements … Read moreUpcoming talk: Education Element in Property Investment