Category: Kuala Lumpur / Selangor Props
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EcoWorld anticipating a strong end to 2015, thus far.
During good times, majority of all developers would report good if not great results. Is currently considered a bad time? Well, my colleague told me that she wanted to buy a new shoplot but she may not get the chance because those who have registered are many times of the units being offered. Thus, it…
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Easier to obtain loans is not the best option
PropertyGuru’s country manager, Sheldon Fernandez has asked the government to relook current regulations on financing and lending, especially for first time home buyers. This would not be the first of such a call. It quoted its own sentiment survey which showed that the difficulty in obtaining bank loan approvals is a key area of growing…
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Why is the property market subdued currently?
The reasons always stated for the current market condition has always been the government’s cooling measures, the implementation of Goods and Services Tax (GST), the falling ringgit versus US$ and SGD, the political situation and even oversupply. When we add up all these, one newspaper article likened it to a ‘perfect storm.’ In other words,…
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Lower end, Higher end and Mixed Blend?
This article is written in response to a discussion I had with a few friends who are also property investors. What’s happening to property market Malaysia? One of them kept pestering me if the market is good enough to buy luxury properties today. I told her that her term of luxury property is not the…
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Setia City’s first high-end high-rise residential
I like Setia City Mall. Read here: Set City Mall, a mall I like, more than Paradigm Mall However, I am not yet prepared to travel daily from Shah Alam to my working place in downtown Kuala Lumpur on a daily basis. Added to that would be the fact that I would prefer a gated…
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More cooling measures? Some said not likely.
To those who are waiting for even more “bad news” to happen before buying their first property, think again. Buy objectively and not wait for the lowest price, no one in the world knows when is the lowest price. Perhaps during a crisis but in a crisis, you would not dare to buy anyway. According…
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Klang – KL for work on a weekday via bus, just 40 minutes
Everyone knows MRT does not link Kuala Lumpur to Klang. Many would also think Klang is a bit out of the way if their working place is in Kuala Lumpur. Truth is, I have many friends who comes from Klang on a daily basis. While they also agree that it’s far but I think if we…
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Kidex off but replaced by underground expressway?
For past few days, there has been many news report about a replacement for the Kinrara-Damansara Expressway (Kidex). Due to all the objections about Kidex which is going to be built above the ground, the suggestion was for the Kidex replacement is to be build underground. The reason is because no matter what happens, a…
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HBA: Buy property later, price is falling.
National House Buyers Association (HBA) secretary-general Chang Kim Loong said that buyers should wait because the cooling measures by the Bank Negara Malaysia is working. At the very least, hold on the purchases till next year. He specifically mentioned that the tighter lending rules and related measures are achieving their desired impact. Prices have gone…
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PropertyGuru: Negative views on property market is UP!
PropertyGuru has been conducting the The Property Affordability Sentiment Index survey for many quarters. In its latest report for H1 2015, the results are pretty negative. People’s perception about the property market’s affordability is going up the other way; they think it’s getting harder to buy a property. In fact, the people’s views were positive…