Why is Malaysia’s property market not suffering from recession?
Some of my friends have been on the lookout for new and old properties for the past few months, hoping that the price of the property market would drop due to the recession. Unfortunately, nearly all of them came back to me and voiced out their disappointment. Rather than seeing a price drop, they are [...]
Why I don’t like 5/95 housing plan?
I notice that there are several property developers providing this 5/95 housing plan nowadays, especially during recession period like this. I won’t mention which developer, but normally, you’ll be able see a lot of advertisements by such developers. Before I continue, let me explain briefly what does it mean by 5/95 plan. Normally when you [...]
Tips for buying foreclosed properties
First of all, what is a foreclosure? According to Wikipedia, it means a legal and professional proceeding in which a mortgagee, or other lienholder, usually a lender, obtains a court ordered termination of a mortgagor’s equitable right of redemption. In other words, foreclosed properties are normally sold at a price much lower than the market [...]
What is Real Estate Investment Trust or REIT?
I used to read up a lot on real estate investing or so-called REI. But I gave up in the end because I just don’t have the cash to buy another real estate property. The good locations in Klang Valley are not cheap at all and taking extra loans are not going to help too. [...]
Why you should not invest in high-end real estates for now?
Last month, a friend of me asked me whether it is a good idea to invest in high-end real estates in Kuala Lumpur. I told him “No” and explained to him few reasons why he should not invest for now. Rent it out? There are just too many high-end real estates in the city of [...]