Category: Kuala Lumpur / Selangor Props
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Growing, good. Slowing, bad. Which is which for office rental?
If I tell you that the property prices for the past 27 years had been rising by 6.4% per year BUT it is now rising by just 1.3% in the latest quarter, would you say that the number is bad or good? Bearing in mind that the current market condition is at best, slow. At…
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“Oversupply” of developers… Bad?
When the market has an oversupply of properties, it will be bad for property prices. Theoretically, prices will fall when supply exceeds demand tremendously. I say tremendously because if the supply is just slightly more than demand, as long as there was little speculation in the first place, prices will stay stagnant while waiting for…
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HOC’s success from the number of sales? Will it be extended then?
Home Ownership Campaign (HOC) is ending in around 3 weeks’ time. Has the results been positive thus far? Briefly, yes. Many have also been asking me if I believe the HOC 2019 may just become HOC 2020 as well. I think they may be thinking if they should proceed now or wait till next year.…
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If you leave it empty, I will Tax / Charge you.
There’s a potential for Hong Kong to have Vacancy Tax for developers because the government does not want the developers to hoard unsold units. They prefer for all the units to be sold instead. “Under the bill, first-hand units that remain unsold and have not been rented out for more than six months during the…
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S P Setia’s FY19 RM6.8 billion worth of launches
S P Setia is a developer I personally follow because of its size. (GDV wise). So yes, you will usually read about these few biggest developers in Malaysia and their happenings in kopiandproperty.my Let’s understand that if Malaysia’s largest few developers are doing okay, I think the market is not as bad as what people…
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You viewed, you hated, now discounted.
This topic crops up every time I have coffee session with friends. That question of ‘when will property prices be dropping MORE.’ Let me tell you with a story yeah. Next time anyone ask, at least I can send them the link to this article. 😛 Let’s say last year, we went to view a…
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Selangor has 30,000 affordable units on the way.
Please know that the demand for homes are far higher than the available supply. We just need more affordable ones instead of units above RM600,000 for example. When it comes to affordable homes, the figure we hear often is 1 million affordable homes in 10 years. (article here). Or the 100,000 units of affordable homes…
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Lane closure on Lebuhraya Damansara-Puchong for upgrading of Bandar Puteri Puchong Interchange
Press Release by IOI Properties:Lane closure on Lebuhraya Damansara-Puchong for upgrading of Bandar Puteri Puchong Interchange Lanes along Lebuhraya Damansara-Puchong (LDP) for both northbound and southbound directions near the Bandar Puteri Puchong Interchange will be closed to traffic on early Saturday morning to facilitate steel girder launching works. This RM20 million interchange upgrade by IOI…
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MIEA: More options to first-time home buyers please.
I hope first-time home buyers read enough articles (personal finance, property blogs, etc) to understand that even if it may not be the best time ever (in our lifetime) to buy a property, it is definitely a good time today. The developers are more willing to provide a good deal and the government is offering…
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Oversupply = Unsold, true. Unsold is NOT oversupply, TRUE!
I hope the title is clear enough for everyone who does not understand that the two words are different because they actually meant different things. I was speaking in starproperty.my expo in Starling Mall today. Crowd was good. 30-40 people were standing throughout my talk which is why I think property investment remains a favourite…
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M40 and B40: EPF’s monthly contribution as a ‘home’ solution?
My personal opinion about our EPF money is to leave it for our retirement. The reason is because I could not afford to have something happening to it. I know, someone wants to tell me that ‘but if you leave it in EPF, you think it’s safe?’ Haha. Briefly, Yes. Unless Malaysia falls into some…
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Sellers, market is good for buying. (think about it when you sell)
A good friend told me about his landed terrace 6 months ago. He asked what’s the price. I referred to brickz.my and told him the price. He said, ‘BUT the MARKET price is higher.’ He proceeded to show me listings by other units which are above his asking price. I told him that when it…