Category: Property Penang
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Penangites ah, time to work harder please.
The more people in the country, the higher demand for goods and services. This is why countries with huge population would always fare better than small countries once they got the economy moving into the right direction. Malaysian population should be close to 33 million currently. Want to know where we are versus the world?…
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Are you ready to pay? 30th September is not too far away.
It has been announced by many banks that they are not keen on extending the moratorium after 30th September. If you think it’s unfair, well if they extend, it’s also unfair to many thousands or hundreds of thousand of people. You see, banks have shareholders who will have to accept even lower profits if the…
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Up to 40% discount to threshold price. Penang bids to clear RM2.6 billion overhang
Overhang is not unsold properties yeah. Overhang are properties where the keys have been handed over but the unit remains unsold for the next 9 months. If we bought a new property in 2016 and it needs 36 months to complete, it meant that we will have the keys in 2019. On that day, any…
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My ‘forced’ savings worked for me. What about for you?
In 2003 (yes, 17 years ago), my wife and I jointly purchased our my first property. It was an apartment of 730 sq ft. The name of the apartment was Villa Kejora in Relau, Penang. From the balcony, if I stretch my head out a bit and look a bit further, I could view the…
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Too early to know if property price will be falling
If we bought a property for RM500,000 a few years ago, we are certainly not going to sell the property for lower than RM500,000 today. UNLESS if we lost our job and we are certain that we could not find a new employment before we ran out of money. In that case, we may sell…
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Home Ownership Campaign (HOC) SHOULD be OTW back…
It’s been reported in the major medias. I have received a few same messages of the news. Well, just need to wait till next week to know for sure. What can Home Ownership Campaign (HOC) do IF I have no money to buy a property. Actually, we are not in a financial crisis. Many kept…
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Property investment? 4 BAD reasons. Real ones, not for fun.
No need to ask if the founder of kopiandproperty.my loves property or not right. My blog is all about property. However, it’s not all good about property. Later I share 4 BAD points with you. I still love the stock market even if I have just become active again recently. I also trust the unit…
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No one is buying property. Incorrect. Please also see secondary.
There are friends who told me that the property developers are all in trouble. Just look at the property market. No one is buying any property. By the way, this is not true. Do ask your friends who are in the senior management in property developers. Of course, the property buying today or even these…
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Home ownership should just remain home ownership. Period.
Sometime back, I was speaking to a young crowd. It was a JCI event. Most of the people in the room were 10-15 years younger than me. I reminded the crowd with this statement, “Imagine, all of us in this whole room buys a few properties with ZERO down payment. Have you ever wondered what…
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18,000 rent-to-own units in Penang.(not immediately yeah)
If we could not save enough downpayment for a home. Somehow, just could not, then we could also opt for rent-to-own (RTO) units. RTO meant that the buyer usually does not need to come up with downpayment and some portion of the rental would be used as downpayment a few years down the road. This…