Category: Uncategorized
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When half of overhang units are below RM300,000
On and off, we would come across reports about how unaffordable has property market Malaysia become. In fact, we have been said to be unaffordable for quote some time. Read here: Severely unaffordable, worst than Singapore, Japan and USA – US based Demographia On a more recent note, this was also highlighted by our very own…
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10,000 units of below RM400,000 homes in Penang, starting soon.
Yes, the PR1MA and Penang story is a continuous one. This one should be another piece of good news for people working in Penang, especially those struggling to get a decent unit for own stay. Reported in a few local medias, PR1MA’s Chief Operating Officer Datuk Aminuddin A Manaf said it hopes to start construction…
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DIBS should be back but not for every price level.
Developer Interest Bearing Scheme (DIBS) is making a comeback was first mentioned some weeks ago. Recently, it was reported again. This time, I think the possibility is pretty good. The Real Estate and Housing Developers Association (Rehda) is engaging the government in a discussion on bringing back the developers interest bearing scheme (DIBS) but with…
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KL property: SOHO, SOVO frozen for 6 months, for now
First of all, anyone who has been following kopiandproperty.my would know that I do not favour paying ever higher prices for SOHO. To be direct, I do think with the right locations, prices of these small units can be as high as a typical condo in a secondary area. However, I do not subscribe to…
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Investment? Forget physical address, get an online address instead.
We have always been focussed on real estate built from the ground up. Whether they are landed properties or high rise homes, they are physical, real and you can touch them. Actually, there’s one more real estate that we couldn’t touch BUT can be extremely profitable if we somehow managed to get a good one…
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Affordable homes? Lower deposit, preferential packages and DIBS proposed
A home is a necessity. Owning one is compulsory, for everyone. Majority may not have enough within their EPF for their retirement but with a fully paid home when they retire, it will be huge plus point. This is why politics should be kept out and the genuine potential owners should be given as much…
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Penang: Visitors do not visit you just because you are CHEAP
Reported in a local English media. Malaysian Association of Hotels (MAH) Penang Chapter chairman Khoo Boo Lim said domestic tourism was expected to increase this year as more people reduced their spending. One main reason is because many Malaysians would be spending their money locally with the decline in Ringgit’s value. He said that the…