Yea, this was what many friends are saying today. There are just too many condos. Stop buying condos. May I ask if I do not buy a condo, then what do I buy. Buy an apartment? There are even MORE apartments. Buy a flat? Are you sure? There are even MORE flats. Or I should … Read moreToo many condos, don’t buy condo
When I was 24, I had just worked for 3 years after my first degree. Was still struggling to pay for flight tickets to visit my ‘potential’ in-laws then in Sabah. Fortunately, the potential is now a real one and my wife and I have been married for 12 years. 🙂 Well, for a … Read moreJust 24 already a property tycoon. HOW?
According to Franklin Templeton Investments, it’s fund manager’s Global Investor Sentiment Survey (GISS) 2015 showed that 81 percent of Malaysian respondents were confident of achieving their financial goals. A piece of good news even if truth is, I think the survey was conducted among Malaysians who are already investing right. Top investment goals include retirement, … Read more81% Malaysians are confident with retirement via investing
Seriously, why do people fear property investment? From my close friend who’s a top management in a US electronics multinational to friends who are senior managers and colleagues whom I know earn more than enough to buy at least one investment property, all of them have just one property; their home. I have no idea … Read moreWhy did I fear property investment, then?
It’s not easy being a branded developer. Imagine trying to launch a new project with a new benchmark price per sf in an area not associated with high-end thus far. Press were invited. Advertisements everywhere. Special rebates for buyers who sign up on that few days are all ready. Caterer were told to ensure food … Read moreLuxury price but what if rubbish site nearby?
Speculators have been blamed for property price increases. Property buyers’ clubs have also been blamed for property price increases. In fact, greedy developers have also been blamed. This is because they are seen to be earning high profits from every project they do. For not doing enough, both the federal government and the state governments … Read moreThe cause of property prices up is Bank Negara.
If someone were to tell you that the next market high will be in 2018, what would you do? Nothing? Good decision, you may have just stopped yourself from buying because of some predictions and that’s great. However, it’s also bad if you do nothing because what if this is true and you missed earning … Read moreNew market high in 2018, property actions today
Seriously, today there are many negative news online. Every now and then, someone would be predicting that Malaysia will go bankrupt soon due to one institution. In fact many have said that the household debt versus GDP is so high that it is unsustainable. Many would tell you that the property prices are seriously way … Read moreLosing your job, can you survive 6 months?
On and off, there are comments on Facebook which predicted that Malaysia’s property bubble is about to burst. Currently, the most popular prediction is that of Iskandar. Actually, the main reason for all the cooling measures by Bank Negara Malaysia (BNM) is to contain any dangers of property bubble building up. So, do you want … Read moreSpotting signs of a property bubble, 3 points (updated)
If we do not know why we buy at the time we bought, it’s no longer investment. It’s gambling or speculating. If it was because our friends bought and thus we bought, that’s called following, blindly. Both are very far away from what should be a calculated investment. Thus, knowledge is essential. Understanding is critical. … Read moreHavoc Hartanah Iskandar Malaysia – Perception versus Reality