Every now and then persons trying to make up their minds where to put their money ask me if real estate ventures are more or less profitable, compared to other businesses opportunities around. My response is always that apart from its potential for yielding significant profits, investing in real estate often confers long terms benefits. … Read more
I was a 24-year old MBA grad know-it-all. I had life perfectly figured out and I certainly knew everything about investments. Working in the finance industry for a large multi-national firm, I often worked with high networth business owners. Much to my surprise, these multi-millionaires almost always invested in real estate and were generally seeking … Read more
AirBnb’s website has a tool to help homeowners gauge their expected weekly income and according to this, the country’s chart-toppers are those in Langkawi who can make RM2,801 (S$939.2) a week, followed by those around Malacca’s Jonker Walk (RM2,495 a week), according to AsiaOne news report. Close behind are Penang home-shares in Tanjung Tokong (RM2,494) … Read more
KUALA LUMPUR, 17 February: The Malaysian property market will remain subdued this year, with oversupply concerns in the retail and commercial sectors, said property consultants Rahim & Co. “On the commercial side, there is a problem of oversupply. Within the next two to five years, 15 million sq ft are coming into the market. That is … Read more
Property developer MK Land Holdings Bhd (MK Land) will build 500 affordable housing units in Klebang and Meru here this year, its Group Chief Executive Officer, K. Mohanachandran said. He said the single-storey affordable houses would fetch below RM300,000 per unit. “However, this will depend on how fast we can get the approval for the … Read more
The Special PR1MA End Financing Scheme (SPEF) and subsequent sale of 1Malaysia People’s Housing Programme (PR1MA) homes should be limited to only first-time house buyers, said the National House Buyers Association (HBA). HBA secretary-general Chang Kim Loong applauded the SPEF, which will assist the lower income group to obtain financing to buy their PR1MA homes … Read more
Lease option tips benefit the seller and the buyer in an fair manner. They help in creating a finance required for the transaction of a home deal. Lease option allows the tenant to buy the concerned property within a time period of 12 to 24 months. For the first-time homebuyers, they may have not qualified … Read more
Buying a property, whether it is your first, second or tenth time, you have to face the stressful process. For many people, buying a property is the biggest financial decision of their lifetime. Because there can be so much riding on this one purchase, it is imperative that you do the correct research and follow … Read more
Penang, an idyllic island that freezes in time? Perhaps such description can be seen as stale and an understatement to what Penang truly is now. The evanescent island city and even its mainland territory prove to be a winner among those seeking for residential properties. If you are a fan of House Hunters International, which … Read more
Singapore is the seventh most expensive location in Asia for high-end rental accommodation this year, falling from last year’s fourth position in regional rankings. Hong Kong and Tokyo maintained the first and second place while Seoul was up two notches at the third place from fifth in 2016. This was the findings of the latest … Read more
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