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Leeway please, banks. Priority to the B40 for a home.

We should help all Malaysians needing a home to have a home. It may not be forcing them to buy immediately but perhaps the government could build homes and set them on the path of rent to own instead. Unsold units? Rent them out instead? Of course it could also be via providing them with … Read moreLeeway please, banks. Priority to the B40 for a home.

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Right product and Right pricing, always true. (whether crisis or none)

Every time someone asked me if the market is still okay to buy, I tell them that it should be the product and the price and not the market. In a rising market, one may be lucky because rising tide lifts all boats. However, markets do not rise forever and when the tide recedes, we … Read moreRight product and Right pricing, always true. (whether crisis or none)

Best Time, Worst Time and Some Time.

This article was written for propsocial.my and was published 2 months ago. When is the best time to buy a property? I am sure everyone has his/her personal answers based on their experience. Look for Opportunities For people who have not bought a property, the best time may yet to come—hopefully, it will be one day soon. … Read moreBest Time, Worst Time and Some Time.

HOC 2019: Not just completed properties yeah. (but not for sub-sales too)

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)

BBB + B? Buy, Buy, Buy is BACK?

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?

Property market Malaysia is worse than 1999?

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?

Impossible to afford a property? Never.

Anyone has this thought on their mind? What happens when property prices become higher than ‘severely unaffordable?’ Basic idea is that when the median property price is 5.1 times the median household income, it becomes ‘severely unaffordable.’ Calculation as follows: Median Income per year (RM100,000) x 3 = RM300,000 (This is affordable but usually not … Read moreImpossible to afford a property? Never.

Scamming in property. Haha.

When a deal is too good to be true, ask ourselves, why was it given to us. If it came from someone whom we have trusted our whole lives, it may be true. If it came from someone we barely knew or some banners in some sites which we were visiting, then it’s highly likely … Read moreScamming in property. Haha.

Mont Kiara condos below RM600 per sq ft?

Mont Kiara is one of the most popular areas for property in Kuala Lumpur. Sorry to disappoint you. I do not have units in Mont Kiara for sale under RM600 per sq ft. I asked a few agents too. They have none, at this moment. However, I am very sure of this: As soon as … Read moreMont Kiara condos below RM600 per sq ft?

Let’s keep the borrowers at the prime level, yeah.

A prominent property speaker, Agnes Wong’s spoke after me in Ipoh last week. I was the first speaker and she was the last. (Usually the junior speakers start first and the organiser will save the best for last) She shared many important points of which I want to highlight one very important point to all … Read moreLet’s keep the borrowers at the prime level, yeah.

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