Tag: REHDA
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REHDA: Price hikes in building materials and lesser new launches…
Recently, the National Property Information Centre (NAPIC) published statistics showing that there were a total of 188,000 property transactions worth RM84.4 billion within the H1 2022 alone. For many years, the total transactions in the second half was higher. If we have the same trend for 2022, then it means that the total transactions would…
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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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Recent property outlook opinions by property gurus
So many people have said so many different things. Predictions ranges from frothiness or potential bubble or prices continuing to go up. Recently, the highlight was on the potential for secondary market to start shining after being overshadowed by new launchings since 2010. This coming weekend, I will start sharing some very enlightening and interesting…
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Buy property asap or don’t buy? You decide.
Still remember last year, before GST many people advise that we should buy properties soonest because with the impending GST, prices will rise further. If we buy later, the GST would have been factored in and the prices even higher. Whatever advice that you hear from any consultant, famous speakers or even best selling authors,…
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Penang Property Digest – Nov 2013
What has happened in the Penang property market in November 2013? Here’s a digest of the news reports. 🙂 Shared Ownership Scheme – Chief Minister Lim Guan Eng launched a scheme to help low-wage earners buy their own home through a Shared Ownership Scheme. For those who qualify, 30 per cent interest-free funding would come from…