Tag: property prices
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Property price? Higher by 6 figures in this country.
Property price? Higher by 6 figures in this country. That’s just within one year. If you have a property in Australia, this is an extremely good news. If you do not own a property in Australia like me, then we can just read the news and get to know about it.
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Secondary residential property market recovering in H1 2021
A close friend just asked me an hour ago about her current tenant (a friendly couple) offering to buy her condominium unit in Penang. The tenant told my close friend that they loved her unit and asked her for the best price she could offer. At the same time, they found a unit at the…
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GST and property
My friend, Ms. Lilian forwarded me a very good read. Let me share briefly with all. Will gst push up property prices? Yes and No. It really depends on the type of properties that you are buying. Will GST result in huge increases in property prices? If everything is implemented right, answer is no. Reason…
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Pre-Launch Sales behind speculation?
Today, Minister Datuk Seri Wahid Omar advised REHDA to get their members to stop pre-launch sales. The reason he said so was because he believed this was one of the ways in which the prices of properties were driven up. The reason was because these pre-launch sales typically attracted more property investors than genuine buyers.…
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Property Bubble everywhere
There has been nearly no talk about property bubble in Malaysia. Except for Forbes report recently. Is this because there is no property bubble yet? Or is the market too small and thus, not many analysts are covering it? The worst scenario predicted was that the market would be flat till 2016 before prices start…
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MORE opinions on ‘property market Malaysia’
After the first article was published about the different opinions on the property market in Malaysia, it garnered no less than 1,000 views within few days. I think everyone loves it if someone can read ten different articles from ten different places, summarises them into just one article. Ok, I am doing the second summarising…
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Greater KL – Sungai Buloh
I am a firm believer in buying value. In terms of value, I am not talking about buying a property worth RM1 million and earning RM200,000. (20% return) I am more inclined on buying RM200,000 and earning RM60,000 which gives me 30% return. I know, some of you would disagree. That’s great for me too.…
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Penang new launchings in 2014
Would there be lesser property launches in Penang for 2014? Would Penang be the least affected property market? Thanks to Mr. Michael Geh, Senior Partner of Raine & Horne, we can view many of the upcoming official new launches easily within one page. Some of the projects below were already unofficially launched earlier where buyers…
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Condo transactions slow down and possible price correction
According to VPC Alliance Malaysia Sdn Bhd, James Wong, condo transactions would slow down and most probably face price correction. If this is true it will affect condo buyers like myself. Yet, somehow I agree. I think with the high growth in transactions beginning 2010 – 2011, the total number of completed condos should be…
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Steps to start your property investment
Assuming that you have accumulated sufficient downpayment for a property. We also assume that you have a stable job which will enable the bank to approve your mortgage loan. What would be the next step that you should take? Goal / Objective: Understand why you want to buy in the first place. There are so…