I realised one common thing recently. Developers are giving more freebies and special deals these days. Okay, maybe not all developers but the numbers have certainly increased. For some, the value of the freebies are up to RM50,000. On one hand, these developers are saying that their margins are lower but here, they are giving … Read moreHey, do it well, sell it well. Don’t free so many stuffs.
Today, I had lunch with a very capable young friend. She is many years younger than me but she already owns her own business in partnership with a very prominent personality here in Malaysia. A rich one. Over lunch, we were talking about her first property and I asked why is she not thinking of … Read moreThree major reasons why landed is better than condo. Hmm….
I speak for myself only yeah. Let me explain why ‘risky to buy’. Today, I seriously do believe property prices has risen much faster than the salary growth due to the periods of 2009 till 2012. There were still good condos, in decent areas and a size of 1,200sf for less than RM250,000 in 2008 … Read moreRisky to buy or Risky Not to buy.
How do you know if the property fair was poor but the organiser tries to cover up? Well, instead of telling you the overall number of visitors, they would tell you, ‘huge crowds were there’ or ‘many property buyers visited the show’. Instead of telling you the overall transaction which may number over RM50 million … Read moreHow do you know? Let’s get to know.
In a press conference for Mapex Penang 2014, Real Estate Housing Developers Association (REHDA) Penang asked the government to give first time home buyers more assistance and flexibility. It’s chairman, Datuk Jerry Chan said that Malaysia can look at Australia’s example whereby the buyers pay only interest for the first few years before starting their … Read moreCome on, give first time home buyers a break says REHDA Penang.
I read an article on how banks should keep themselves safe and not cause another financial crisis. It said that because banks lends out way too much of their money compared to their actual ‘capital’/equity’, it will become unstable quite easily should their loans they gave out or the investments they invested depreciated by just … Read morePlaying with ‘Borrowed’ risk. Are you one of them?
I was in Singapore not too long ago and wanted a place to just have a cup of latte and spending time replying some emails. As soon as I sat down, to my right, there was an European with two Chinese ladies and one Chinese man. My instinct told me that the Chinese guy is … Read moreReal Estate or Property? Manage it well and it’s a never ending well.
Everyone has their ideas about a good location to buy. Some would swear by their area and would never buy anywhere else. Don’t believe me? Ask a Penangite who has stayed in island to move to the mainland and tell me what’s the answer. Even for those living within the SAME ISLAND of PENANG, different … Read moreTips on ‘Good Location’ to buy.
I think I will only be looking at secondary property market for a while. I am very sure there are lots of gems in terms of new launches but I told my wife that let’s concentrate on secondary property market since the prices are still quite attractive today. Plus the rental yield is still positive. … Read more12 inspection tips on buying secondary properties
Many people say a picture tells a thousand words. In property investment, I would say do not be fooled by just the pictures. However, I personally love all the profound quotes which tells you in one line why property investment is good or why property investment should be considered or even why property investment is … Read moreSome famous property investment quotes from around the world