Category: Kuala Lumpur / Selangor Props
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Yes! Our monthly mortgage is now even lower!
BNM has reduced the Overnight Policy Rate! (OPR) In case you still did not know, our interest rate is now lowest since 2010. OPR has been reduced by Bank Negara Malaysia (BNM) again today by 50 basis points. The rate is currently at 2 percent. This is a decision by its Monetary Policy Committee today…
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Property transactions Malaysia for 2019? Going up until arrival of Covid-19.
The property transaction numbers for Malaysia were announced just a few days ago. Positively, we had a good 2019. Overall number of property transactions for 2019 was higher than 2018. In case you do not know, the total property transactions for year 2018 was already a better year than 2017 even if it was only…
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New norm is smaller offices? New norm is flexibility, not about smaller offices.
Are you working from home? I bet you have to because it’s either work from home (for those who could do it) or no work to do (many do not get their monthly salary). With so many people working from home, some say that in the near future office space will be in trouble. The…
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What is a V-shaped economic recovery?
Macroeconomics is a branch of economics that studies how an overall economy—the market systems that operate on a large scale—behaves. Macroeconomics studies economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. This definition is a comprehensive one provided by investopedia.com (click any of the links to read)…
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House sales will COLLAPSE. Prices will drop by 3%.
Falling property transactions and property price. Looks like a familiar situation in the Malaysian property market? That 70% property price reduction prediction By the way, it’s quite a foregone conclusion that property transactions for 2020 will likely drop yeah. Already we have the Movement Control Order (MCO) for over a month and our Prime Minister…
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It’s progressing. That Prihatin stimulus package.
When the economy stalls (not slows…), countries come up with stimulus plans to give businesses and the most vulnerable that breathing space. By the way, it is not supposed to provide the businesses with any profits or even the employees with the same salary they used to enjoy. It’s meant to help, that’s all. Thus,…
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Property sector recovery starts in Q4 2020?
I was speaking to a Chinese national working as a regional manager based in Shanghai, China just a few days ago. He was sharing about the situation in China after the COVID-19 situation. He said that he has been back to work in his office for 2 months. Nevertheless, he is still wearing a face…
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2020 GDP forecast can be negative, can also be positive.
What are your thoughts for the GDP growth for 2020? After such a miserable Q1 plus the seemingly never ending Movement Control Order (MCO), I think everyone already expecting the worst numbers for Malaysia. The worst I heard from some of my friends? One said negative 5 percent. Let’s just say I fully disagree yeah.…
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That 70% property price reduction prediction?
Before you continue reading what I personally think about the viral news about the possibility of property price falling by 70%, do read this important view from FIABCI Malaysian Chapter President Michael Geh about the property market of Malaysia: Malaysia property market in one word? Resilient. Once you have finished, then do read this prediction…
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Question. When will I get to buy THAT property at THE price I want?
From the day I started kopiandproperty.my which was in November 2013 until today, this question has never failed to continuously pop up every time someone (usually first timer) thinks about property investment and after waiting for some time, the bad news come and they will ask this question again. “When will property prices be falling?”…
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Property market Malaysia. Views from industry leaders.
I read theedgemarkets.com nearly daily and they recently have a very good article featuring the views from many prominent property personalities in Malaysia about the state of the property market here in Malaysia. The title of the article is aptly titled, “Property market outlook and opportunities in times of uncertainty.” (click to read full article…
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Malaysia’s property market in one word? Resilient.
Media release by FIABCI Malaysia: ”Property sector to remain resilient due to government’s economic stimulus package” FIABCI Malaysia believes the property sector in Malaysia will remain resilient with a projected soft landing this year due to the various measures introduced in the government’s economic stimulus package. FIABCI, the international real estate federation, Malaysian Chapter President…