First of all, 2018 has been a pretty subdued year for everything, not just property market. Somehow, majority of everyone seem to carry a negative sentiment in whatever they think and do. Many say they could not spend more when they travel overseas because ringgit kept depreciating. Actually, it has only depreciated a little this … Read moreLots of good advice for 2019 real estate goals.
It’s important to look at the median price instead of the average price when it comes to the property market. Median refers to the price which happened the most while average price usually does not make much sense when two different types of properties are combined. For example, an affordable apartment at RM200,000 plus a … Read moreDropping and increasing property price. Depends on how we see it. Good sign?
Okay, good news and bad news. Good news for people with ready downpayment for a home. Bad news for owners of properties in places where there’s an oversupply because demand is not big enough. Property prices will continue to decline in 2019 says PropertyGuru Malaysia country manager Sheldon Fernandez. Article in TheMalaysianReserve here. He said, … Read moreProperty market declining AND recovering within 2019. 🙂
Is this the time to worry about the property market? Honestly, if you were that someone who bought 4 properties at one go in 2012 and just got the keys to all the 4 properties this year, you should be worried. It’s likely that the prices are going to be weak because there are suddenly … Read moreUnsold and completed rises by 10,000 units. Worry now?
A very confident friend told me the other day that the POWER to CHANGE the government is firmly in our hands. We were talking about the property prices and he said that the new government must ensure property prices are affordable to Malaysians. Else, the new government can also be the ex-government too. Actually, he … Read moreChanging government will not fix affordability issue IF
This morning, I was listening to the radio as usual and the topic of property investment was being discussed. The DJ wanted callers to call in and tell him at what age did they buy their first property and the reason(s) they did. I think this is good because only the ones who has bought … Read moreWhy buy if you are staying with your parents?
If you do not know, there’s always news about the state of the unsold units of properties here in Malaysia. Here’s one latest one. It seems to be still just as bad as past few quarters. Okay, before we get all worried, scared and hiding all our cash under the pillow due to these unsold … Read more7 Reasons to buy in a slow property market
This article is aimed at sellers who are thinking of selling and has been trying for the past 6 months, with ever lower prices. The reason may be because the initial selling price was way too high. I understand too because I have sold homes before. “Is the price I am selling too low? I … Read more4 reasons to sell, if you really want to sell.
I know many wants to buy the best property money could buy today. However, the best property one could buy today and many years later will not be the same. In fact that best property today may look old and jaded next to a new property in the future. By then, should we not upgrade … Read more7 reasons why property price will still be rising…
This was reported by a UK-based newspaper, Financial Times (FT) about the property prices here in Kuala Lumpur. It said that the reason for average sales dropping by 4 percent since last July is because of two reasons; excess supply and domestic cooling measures. Judy Ong of Knight Frank in Kuala Lumpur said, “The inflation … Read moreProperty prices falling: excess supply and cooling measures