Tag: Malaysia property market
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NOÖRA at Desa ParkCity received overwhelming response and take-up rate
KUALA LUMPUR (Nov 29, 2022): Property developer ParkCity Group’s first integrated development at its award-winning township of Desa ParkCity in Kuala Lumpur has received overwhelming response with 73% of its residential units taken up at its Priority Sales event over the weekend of Nov 26 and 27.
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High-rise not good price appreciation? These appreciated within 12 months.
I bought my first high-rise unit in 2003. It was then followed by another high-rise and another and well, high-rise units in 6 cities / towns in Malaysia. I only bought my first landed property in 2020 yeah. So, 17 years of just high-rise units. Did I have any price appreciation at all? Haha. When…
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Interest rate will go up further in Jan 2023
Maybank IB says that it’s possible for Bank Negara Malaysia (BNM) to increase the rate by another 25 basis points. It’s 0.25%. If we are thinking of buying a home or even paying for a mortgage currently, what’s the impact of this potential 0.25% rate increase? For a RM500,000 home and a 10% deposit, a…
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Get ready to LOSE a lot of our money because of inflation
Recently, it has been revealed that many developed countries are suffering from double digit inflation and that’s one major reason why they kept increasing their interest rates in order to tame inflation. One example is the U.S. The interest rates have been raised to the most current 3.8% from an average of 0.9% in 2020.…
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Buying undervalued property? Please do NOT do this.
Everyone wants to buy undervalued property. People who wants to start investing wants undervalued property. People who has been investing would want to buy undervalued property. People who does not know what they want to do with property investment also wants to buy an undervalued property. I must share this classic conversation with someone who…
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Why buy property? Better save RM1 million instead
Recently, it has been revealed that many developed countries are suffering from double digit inflation and that’s one major reason why they kept increasing their interest rates in order to tame inflation. One biggest example is the U.S. The interest rates have been raised to the most current 3.8% from an average of 0.9% in…
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ASTRUM AMPANG BAGS ‘BEST TRANSIT-ORIENTED DEVELOPMENT’ AWARD
The success of a development is oftentimes accompanied by the many awards and recognition it duly deserves, and the same can be said for Astrum Ampang, the latest flagship project by Setia Awan Group Central Region.
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The ARENA where family dreams take flight
As urbanisation continues its inexorable yet rapid growth in cities, families are beginning to realise the challenges of finding the ideal home for their growing members. Family-oriented home buyers are increasingly looking towards Seremban, Negeri Sembilan, where promising tracts of land hold many attractive property developments. Market-savvy house buyers who have their hands on the…
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Alea Residence: Low-rise Comforts Reimagined
Myra Alam’s Alea Residence promises a life of convenience and simplicity through New South Wales-inspired elevated living.
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PropertyGuru Reports Second Quarter 2022 Results
PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading[4], property technology (“PropTech”) company, today announced financial results for the quarter ended June 30, 2022[5]. Net income and Adjusted EBITDA[6] were S$3.8 million and S$3.0 million, respectively, which compares to a net loss of S$139.8 million[7] and Adjusted EBITDA loss of S$2.0 million in the…
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PropertyGuru Study: Affordability Issues Continue to Loom Over Potential Homebuyers as 51% of Respondents Feel That They Cannot Buy a Home Without Government Assistance
Malaysians continue to await government initiatives, as 69% of respondents in the study plan to buy a house if the Home Ownership Campaign (HOC) is revived
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Property strategy? Just do, no need overthinking. (that’s just excuses)
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