Category: Kuala Lumpur / Selangor Props
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Guys ah, moratorium do not delay the desperate sellers, fyi.
You know, there was this quite viral piece of news just a few days back. It says that the property prices may fall 10 – 20%. My views about it here: Property prices expected to fall due to COVID-19 and recession Some agents say that their buyers have started to ask them about such properties.…
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Dream home? It does not happen now.
What’s your dream home? A bungalow with lots of land around the house and you could even drive a car around the house? A luxury condo with a 12 feet ceiling height and an olympic size swimming pool within a super low density development of say 100 units? An affordable apartment of 900 sq ft…
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Housing prices expected to fall 10-15% due to COVID-19 and economic recession.
I know. The title will be very exciting for those who were waiting with lots of spare cash. Imagine that property you were waiting to buy for the past 12 months is now 10-15% cheaper? It will be very scary for someone who just bought a property last year and has just started paying for…
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5.8% is not high enough. Now there’s a 9% prediction for GDP Malaysia
GDP is defined as “the total value of goods produced and services provided in a country during one year.” Very briefly, a growing economy means more jobs, higher earnings for businesses and a generally more positive sentiment. With a more positive sentiment, people buy more, businesses also expand and this helps the economy to grow…
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Buying few years earlier, yield should follow later. (should, not guarantee)
When the market is hot, property prices could rise with every transaction. Your neighbour on the left told everyone he sold his unit for RM500,000. Suddenly that next transaction 2 weeks later could have been RM520,000. Another 2 weeks later someone said that another unit has been sold for RM540,000. When the market is hot,…
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When push comes to shove, needs become key.
Where do you shop these days under the Movement Control Order (MCO)? All the places are shop are within 2.5km from my home. None are the huge hypermarkets. They are the smaller convenience stores with enough variety of things but lacking the diversity of brands. If my wife asked me to buy sweet corn in…
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Why we may fail to buy THAT property which we WANTED.
Yesterday during a FB LIVE session (click here to view), this question came up a couple of times. “When will property prices be falling?” or “Will COVID-19 cause prices to fall?” Briefly, for those who are waiting to buy a property for 20, 30 or 40% below the market, they will have to wait longer.…
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Scary for many? Current house prices still too high for Malaysians.
House prices still too high for Malaysians
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MIEA: Need to boost the property market
The Malaysian Institute of Estate Agents (MIEA) which represents 25,000 real estate agents and negotiators has proposed two additional steps to the government to help the Malaysian property market. Its president Lim Boon Ping said that the agents and negotiators livelihood are affected due to the COVID-19 pandemic. This is especially apparent during the Movement…