All posts in "Property"
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Property Joint Purchase – Understanding The Challenge

By Kim Wong / a few months ago

When family members, spouses, associates, friends or any individuals purchase a property together, this is called Joint Ownership of Property. There are many circumstances to a joint ownership, with it either being to get a higher loan or just for investment purposes. Regardless of the purpose, there is a need to understand the nature and […]

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FELDA to Provide 20,000 Affordable Homes

By Kim Wong / a few months ago

More affordable homes are heading towards buyers’way. The Federal Land Development Authority (FELDA) will have the back to the roots or ‘balik asal’ philosophy as the thrust of its new affordable housing policy, revealed its chairman Tan Sri Shahrir Abdul Samad. Notably, the ‘balik asal” concept was described by Shahrir as returning to FELDA’s glory […]

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Buyers Want to Cancel Purchases in Forest City

By Kim Wong / a few months ago

China-based Country Garden, the developer of the US$100 billion (RM443.95 billion) Forest City project in Johor, revealed that fewer than 60 buyers want to pull out their home purchases in the mega development, reported Free Malaysia Today. Although they have already made significant down payments, the buyers had requested to cancel their purchases, after China […]

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Malaysia Not Heading Into Property Bubble In Next Five Years

By Kim Wong / a few months ago

Malaysia is not expected to see a property bubble in the next five years, said iProperty General Manager Data Services, P. Premendran. He said Malaysia has prepped fallback measures from the 1997-1998 economic turmoil and from the US sub-prime mortgage crisis in 2008. “Malaysia would not be heading into a property bubble as the next […]

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Millennials Can’t Afford to Buy Houses

By Kim Wong / a few months ago

In Malaysia, only 35 percent of millennials were able to buy their own residential property. Of this, 29 percent were assisted by their parents, according to a survey by HSBC entitled “Beyond the Bricks”. On the other hand, most can’t afford to purchase one. While 94 percent of millennials without any homes have plans to […]

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Understanding 4 Bumi Attributes in Malaysian Property

By Kim Wong / a few months ago

Purchasing properties in Malaysia can be complex at times. If you are new to the game, you may run into terms like bumiputera (or bumi) lots, bumi discounts, bumi quotas and Malay reserved land. These are pretty much unique to the Malaysian property buying experience, but purchasers – both local and foreign – should familiarise […]

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What Makes a Property Hotspot?

By Kim Wong / a few months ago

Property investors will always tell you to buy properties that are located in a hotspot, and many of them will tell you that the best properties are always located in the Klang valley’s “Golden Triangle” – referring to that bustling region that is anywhere between KL, Petaling Jaya and Bangsar. But properties in these areas […]

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Property Glut on the Rise in Pahang

By Jax Lee / a few months ago

The vacant office buildings and the rows of unoccupied shoplots in Pahang underscore that many business owners there are unwilling to pay high rent amid lacklustre market conditions, reported the New Straits Times. According to the Real Estate and Housing Developers Association (REHDA), many landlords are unable to lease their properties to budget-conscious tenants, with […]

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Expensive Properties Lead To A Homeless Generation

By Jax Lee / a few months ago

Unless the government raises the supply of low-cost houses significantly, a large number of Malaysians would be unable to get a roof above their heads, reported Free Malaysia Today. “The threat of a homeless generation, where up to 80 percent of the population cannot afford to buy their own properties, is beginning to take root,” […]

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Finance Ministry: Secondary Market A Good Option For First-Time Homebuyers

By Jax Lee / a few months ago

As an alternative, first-time home-buyers should look into the secondary market with properties there more affordable, says the Finance Ministry. Director-General of Valuation and Property Services Dr Rahah Ismail said the primary market pricing is usually inflated, due to freebies and rebates, and there is a higher chance for loan eligibility in the secondary market. […]

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