Property Investment: How can anyone afford a RM1 million property? If you asked me in 1998, this is my answer to you RM1,000,000 (RM1 million)?
These days, there are many personal finance experts in the market. Some do video, some write and somehow for many of them, their advice is always to skip property investment. Erm… Let me tell you this fact yeah. If someone says they are a personal finance expert and are giving personal finance advice about all other investments except for property investment, then it’s important to note the numbers below which will without any doubt affect anyone without a property of their own.
This is how much your home price would become at the end of 30 years if the home price rises by just 1 percent every year for the next 30 years.
Property Investment 101: If property price is RM250,000 and rental is RM1,000 should I proceed to buy? I have no answer, really. Home price RM250,000
Property price news: RM9,076 per sq ft for a home is very attractive Of course, this is not in Malaysia Yes, it’s for a home
Property Investment 101: What are the choices for RM400,000 today in the Klang Valley? As all readers know, I do not sell or pitch any
Property Market Malaysia: Transactions, Launches and Overhang Trends Transactions Volume Trend 2018 – 2022 Transactions Volume should show an increasing trend. We could see that
Property news: Without a home, then it’s homeless Since I have written many times why property is compulsory, today let’s take a rest and just
When a home owner is worried about potential financial crisis, he is just worried. He does not suddenly decide to sell his property at a super huge discount unless of course the financial crisis has affected his financial standing. For example, loss of income or even a sudden need for cash. This is why not every property is up for sale even during a financial crisis. The good areas, with stable owners, we will find a couple of units up for sale and for these, it’s usually snapped up pretty quickly by people not affected by the financial crisis.
Read on about the title and then the whole article. This news is applicable in London. Just in case there are some foolish comments about we earn ringgit, how to compare to London properties, then statistically speaking, median salary for a Londoner is… as follows:
It’s quite funny, really. When we think prices are moving up, we buy. It does not matter who made us think so. We may also not have any idea if we are already buying at the peak but it will only matter later. The worry is not being able to get anything if we do not buy now. I have friends who bought into the craze of a certain area many years ago and until today, that same little unit is still not fetching the rental which she thought she would. Perhaps just need to wait a little longer.
I hate it when property market transactions rise because people were thinking that the next rush is coming and they fear of missing out. As everyone is now buying with a specutive mindset, the price is no longer the focus. Everyone thought the price will be ever higher when they sell in the future. It’s as if there’s always a better price tomorrow! Haha. Stop believing this kind of fairytale yeah.
