Tag: buying to rent
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Property investment? Buying and renting is a good long-term strategy.
This article first appeared in Malaysia’s leading property portal PropertyGuru.com.my’s property newsletter, July 2015. Just the other day over lunch a colleague was discussing with me about renting strategies. He asked if we should still buy a property to rent out if the rental could barely cover the mortgage and the maintenance charges. From an…
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Every major property market dropped, Penang stayed steady?
A very interesting finding even if the numbers are a little outdated. For Q1 of 2014, all the major markets showed drops. Double digits drop for Kuala Lumpur at 13.4%, Selangor at 10%. Single digit drop for Johor, at 4.5% down compared to Q4 2013. Penang is quite resilient though, dropping just a marginal 0.3%.…