Category: Basics – Property Investment
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‘New’ RPGT to ‘assist’ unsold units reduction?
I received messages from a few friends as soon the below measure were announced: RPGT on gains from disposals of properties and shares in property holding companies (5% for individual and 10% for companies) even for 6th year onwards starting Jan 1 2019. “Is the government really that desperate for money?” Well, some say that…
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Lots of good advice for 2019 real estate goals.
First of all, 2018 has been a pretty subdued year for everything, not just property market. Somehow, majority of everyone seem to carry a negative sentiment in whatever they think and do. Many say they could not spend more when they travel overseas because ringgit kept depreciating. Actually, it has only depreciated a little this…
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Property market declining AND recovering within 2019. 🙂
Okay, good news and bad news. Good news for people with ready downpayment for a home. Bad news for owners of properties in places where there’s an oversupply because demand is not big enough. Property prices will continue to decline in 2019 says PropertyGuru Malaysia country manager Sheldon Fernandez. Article in TheMalaysianReserve here. He said,…
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Unsold and completed rises by 10,000 units. Worry now?
Is this the time to worry about the property market? Honestly, if you were that someone who bought 4 properties at one go in 2012 and just got the keys to all the 4 properties this year, you should be worried. It’s likely that the prices are going to be weak because there are suddenly…
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Changing government will not fix affordability issue IF
A very confident friend told me the other day that the POWER to CHANGE the government is firmly in our hands. We were talking about the property prices and he said that the new government must ensure property prices are affordable to Malaysians. Else, the new government can also be the ex-government too. Actually, he…
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7 Reasons to buy in a slow property market
If you do not know, there’s always news about the state of the unsold units of properties here in Malaysia. Here’s one latest one. It seems to be still just as bad as past few quarters. Okay, before we get all worried, scared and hiding all our cash under the pillow due to these unsold…
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7 reasons why property price will still be rising…
I know many wants to buy the best property money could buy today. However, the best property one could buy today and many years later will not be the same. In fact that best property today may look old and jaded next to a new property in the future. By then, should we not upgrade…
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Property prices falling: excess supply and cooling measures
This was reported by a UK-based newspaper, Financial Times (FT) about the property prices here in Kuala Lumpur. It said that the reason for average sales dropping by 4 percent since last July is because of two reasons; excess supply and domestic cooling measures. Judy Ong of Knight Frank in Kuala Lumpur said, “The inflation…