Category: Basics – Property Investment
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Leeway please, banks. Priority to the B40 for a home.
We should help all Malaysians needing a home to have a home. It may not be forcing them to buy immediately but perhaps the government could build homes and set them on the path of rent to own instead. Unsold units? Rent them out instead? Of course it could also be via providing them with…
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Right product and Right pricing, always true. (whether crisis or none)
Every time someone asked me if the market is still okay to buy, I tell them that it should be the product and the price and not the market. In a rising market, one may be lucky because rising tide lifts all boats. However, markets do not rise forever and when the tide recedes, we…
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Great question for property investment: Best Time, Worst Time and Some Time.
This article was written for propsocial.my and was published 2 months ago. When is the best time to buy a property? I am sure everyone has his/her personal answers based on their experience. Look for Opportunities For people who have not bought a property, the best time may yet to come—hopefully, it will be one day soon.…
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Property market Malaysia is worse than 1999?
I have received / seen this piece of news a few times. “NST: Developers expect glut in property market this year” and here’s another one, “Edgeprop.my: Developers foresee dark times due to glut, worse than 1999 crisis” Somehow, everyone loves negative news. Even for kopiandproperty.my, every time I write about bad news, the clicks go…
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Impossible to afford a property? Never.
Anyone has this thought on their mind? What happens when property prices become higher than ‘severely unaffordable?’ Basic idea is that when the median property price is 5.1 times the median household income, it becomes ‘severely unaffordable.’ Calculation as follows: Median Income per year (RM100,000) x 3 = RM300,000 (This is affordable but usually not…
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Scamming in property. Haha.
When a deal is too good to be true, ask ourselves, why was it given to us. If our parents are the ones offering it, then surely it would be true. If it came from someone whom we have trusted our whole lives, it may be true. If it came from someone we barely knew…
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Mont Kiara condos below RM600 per sq ft?
Mont Kiara is one of the most popular areas for property in Kuala Lumpur. Sorry to disappoint you. I do not have units in Mont Kiara for sale under RM600 per sq ft. I asked a few agents too. They have none, at this moment. However, I am very sure of this: As soon as…
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Let’s keep the borrowers at the prime level, yeah.
A prominent property speaker, Agnes Wong spoke after me in Ipoh last week. I was the first speaker and she was the last. (Usually the junior speakers start first and the organiser will save the best for last) She shared many important points of which I want to highlight one very important point to all…
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Banks will loan, they just want to manage their risks
I think there has been some misconception about the banks in Malaysia. Most young people I asked would tell me that there’s no way they could get their loans approved. It seems like the bank is unwilling to lend. Their reasoning, ‘The rejection of home loans are so high!’ By the way, the banks are…
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I want to buy and I am ready to buy… (2019)
Interesting survey by StarProperty.my in its latest Buyers’ Sentiment Survey. Article in TheStar.com.my here. It says that majority of the 3,000 respondents in the latest survey said that they are keen to buy in 2019. 42 percent says they will buy within 12 months. 34 percent says not thinking of buying while 24 percent says…