Category: Condos and High-Rise
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Luxury high rise? Rising higher next year.
Yes, I love high-rise. No, I do not have any landed units, even the one I am staying. Those that I really like is a little too expensive. Those that I could afford is a little too small in my opinion. So, I prefer to get a huge unit of high-rise instead. No, I do…
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With kids, landed is better. Well….
I was talking to a friend recently and she told me that she was moving to a landed home and will be selling her condominium of over 1,300 sq ft. She then said that she was moving to a landed because of his 2-year old toddler. I have two little ones, I told her that…
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Luxury properties, anyone? Specifically overseas buyers?
Super luxury properties are not the best form of investment, seriously. For the majority anyway. One has to really super-wealthy, say a billionaire to even afford to buy a 100 million ringgit property. Even then, it meant that we have just spent 10% of our wealth on a property which we intend to stay? Or…
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Revival of abandoned project always welcomed. LIKE.
One good friend in Penang told me that his abandoned apartment has remained abandoned for over 10 years. This is unfortunate but the fortunate thing is that he is doing very well and thus this is manageable for him. However, I do hope that all buyers would get what they purchased even if sometimes there…
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94 percent of millennials buying a home within 5 years!
Are you a millennial looking for a property currently? There’s an interesting article in theedgemarkets for your reading. HSBC Holdings Plc conducted a study called “Beyond the Bricks” in which more than 9,000 people were polled in Malaysia, Australia, Canada, China, France, Mexico, the United Arab Emirates, the UK and US. Those polled are millennials (those born…
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Secondary property not necessary a secondary choice.
A young lady friend called the other day to ‘date’ me for supper. Too bad, I was in Ipoh, followed by Hong Kong for a business trip and then Singapore for a 5-day family break. She was considering a new property versus a secondary one. She asked me which one would be better for her.…
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Fully occupied condos will be more expensive
A friend recently complained that the owner of the condo he wanted to buy refused to budge from his sale offer price. I said, it’s okay, move on to the next one. Surely there are other units within the same development for sale? He replied that there are very few other units and in fact…
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KL’s luxury condominium market? An update
My personal definition of a luxury condominium is one which is RM1 million or above. Yes, I personally do not think there are many Malaysians who can afford RM900 per sq ft. I do have friends who owns some of these units and actually none are desperately trying to sell the units, not yet anyway.…
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Maintenance fees and sinking fund a stumbling block to condo
A reader wrote in and asked this question if it’s worth buying a condo because he thinks maintenance fees and sinking fund is a huge stumbling block to buying a condo. First of all, for those who believe landed is by far a superior option compared to high-rise, you are most probably right. This is…
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When there’s high-rise oversupply, the lending is tightened
I think readers of kopiandproperty.my would have noted that my property portfolio consists of ONLY high-rise units, mostly condos. Actually, I do know that this may sometimes be pretty risky. High-rise can reach over-supply situation while landed properties would be pretty safe in terms of over-supply probability. As per reported in domain.com.au, in Melbourne and…
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Interesting property portal in Malaysia today
There are many property portals in Malaysia today. Most of the time, they have lots of listings. Some visitors would complain that many of these sites have repeated listings. It’s true, I have not seen any of the top few sites without any repeated listings. However, most of them would have some mechanisms to deter…
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Four Questions to Choosing the Right Condo Property for You
It’s a good time to buy property. As Global Property Guide notes, Malaysia’s housing market still remains slow but is forecasted to gain strength later this year. And as you know, lower prices means a better investment. Before you can go through with the purchase of a condominium, it’s always best to check and double…