Category: Kuala Lumpur / Selangor Props
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Be thankful that we are restricted at our home. Some may be less lucky.
Is it tough to stay home and NOT going out? Apparently, it’s so tough that people are willing to risk driving far away from their home, got caught and may face the prospect of fine and jail time. There was even one news of someone shouting rudely at police officers who were facing high risk…
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MRT SSP first phase starts in 15 months.
When would people start having another MRT line as their mode of transport? Image below shows the stations along the MRT Sungai Buloh – Serdang – Putrajaya (MRT SSP) or also known as MRT Line 2. MRT Line 1 is MRT Sungai Buloh – Kajang (MRT SBK). The first phase of MRT SSP will start…
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Freeze! I mean, stop moving please. There’s a virus lurking.
In the current Movement Control Order (MCO) environment, could we move house if that was the initial plan? Actually the answer is a firm, no. For now, you can drive only out if you are under the essential services and has to go to work or you are the head of the family and you…
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House prices under pressure… and bargains?
Want to know something which always happen whenever the stock market is down? Or since February 2020 when COVID-19 starts to become so serious that Malaysia has our Movement Control Order (MCO)? Yes, when all these bad news happen, then there will be the potential for property prices to drop. When we really think a…
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There’s silver lining within the global pandemic for the logistics sector.
News release by Knight Frank Malaysia: Logistics Sector: Silver Lining behind the Global Pandemic 28 March 2020, Malaysia – The coronavirus (COVID-19) pandemic is sending global economies, including Malaysia’s, reeling. Hospitality, tourism and aviation related segments are being hit the hardest evident by cancellations of flights, tour packages and hotel bookings following international travel restrictions…
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Yeah, let’s start moving for lower rental, no?
How many of us are thinking of moving for lower rental. After all people say it is now the tenants’ market, no longer the home owner’s market. Property rental is a better determinant of property price. Earlier article here: Price too high, rental too low, demand slows. Many years ago, it’s possible to get positive…
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Potentially another CUT in May 2020. Happy? (COVID-19 is one reason)
Let’s just say that I am not always a happy man every time the Overnight Policy Rate (OPR) is cut. I know, the monthly mortgage gets lowered but lowering of rates also meant that the economy is not at where it should be. Thus, monetary policy tweaking is needed to sustain the growth or to…
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This may just be the worst down cycle for property development.
Today is the 3rd day that I am staying at home due to the Movement Control Order (MCO). During these 3 days, I have made two quick trips to the supermarket because I did not want to be at the supermarket when the whole KL was panic buying before the MCO. I guess I have…
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Unlicensed real estate office raided by BOVAEP.
I have always used the services of a licensed real estate professional for my real estate investments and I will continue to do so. I feel more assured, these professionals have helped me a lot in my property investment journey and I personally know so many of them who are working very hard to earn…
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Kuala Lumpur Structure Plan 2040. Are you sure you have expert opinions? Tell quickly please.
Do you know that KLites have a chance to provide relevant and good feedback on the draft of the Kuala Lumpur Structure Plan 2040 (KLSP2040)? In case you did not know and you thought that the deadline has passed and there’s nothing else you could do, there’s a good news. Kuala Lumpur mayor Datuk Nor…
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Buying a property. Stamp Duty and Legal Fees?
We may have saved enough for the down payment for a home. Say RM1,000 per month x 12 months x 5 years = RM60,000. So, does that mean we are ready to buy now? Yes and No. Yes if we actually have more than enough in the banks beyond just this or that we found…