Question: What are the Benefits to Paying Cash for a Home? A reader asks: “We aren’t bragging or anything, but my wife and I have saved enough money to pay all cash for a home. We know we might get a better rate of return in the stock market, but with prices the way they … Read more
KULAI: Kulai Municipal Council (MPK) only managed to complete six units of affordable houses this year due to land conversion issues with the developer. Its president, Abdul Rahman Salleh, however, said that 2,700 units is expected to be completed next year. Some 3,692 people have applied for affordable homes in Kulai which cost below RM200,000 … Read more
Analysts expect Singapore’s private housing market to face tougher times next year, with the lacklustre economic environment dampening sentiment further, reported TODAYonline. The US Federal Reserve’s decision to raise interest rates and the existing property curbs could see prices drop by up to eight percent in the next 12 months. JLL’s National Director for Research and … Read more
The Malaysian economy expanded by 4.9% y-o-y in Q2, the smallest growth since Q4 2013. The unemployment rate remained unchanged at 3.1%. The Ringgit recorded a year-to-date drop of 27% against the US dollar, driven by the devaluation of the Renminbi amid concerns on China’s economic growth, weakened investor sentiment, and low oil prices. Investment … Read more
Question: What Do We Need to Know About Buying an As Is Short Sale? We had been patiently waiting for the bank to approve our short sale for almost two months. We are first-time home buyers, and I can’t believe the great deal we’re getting on this place. The problem is we could not do … Read more
Chris Tan, Founder and Managing Partner of Chur Associates gives the rundown on strata living. Strata living is fast becoming a way of life in Malaysia, currently roughly 30% of the country’s population is living in strata-title buildings. The term “strata” was first introduced legally in 1985 in response to the mushrooming of multi-storey structures … Read more
One of the dilemmas you may face when buying a home in Hawaii is whether to choose a local real estate agent to represent you or to hire the listing agent. My story involved the best of both worlds. I did not really want to rely solely on a listing agent because I prefer my … Read more
The Selangor State Development Corporation (PKNS) has urged low-income people in Selangor to apply for the purchase of its houses in the state through the Selangor Real Estate and Housing Board (LPHS). PKNS general manager Azlan Md Alifah said this would facilitate the corporation in making available more affordable homes as well as assist the … Read more
Prices of completed non-landed private homes dipped 0.6 percent in November 2015 compared to a 0.1 percent increase in the previous month, revealed flash estimates of the NUS Singapore Residential Price Index (SRPI). Excluding small units, prices in the central region fell 0.8 percent last month after rising 0.5 percent in October. In the non-central … Read more
Last year saw property buyers and aspiring house owners being plagued with negative sentiments especially with the falling Ringgit. As we start the new year, the top-most question on everyone’s mind – where is the property market heading? iProperty.com consulted some industry experts and developers to learn what the property industry has in store for … Read more