From exotic, tropical coral beaches to snowy mountains and orang utan sanctuaries: read which places to visit in Malaysia if you have only one week to spare. Start your holiday arriving in Kota Kinabalu in the western Island of Malaysia, also known as Borneo. After a long flight the easy pace of KK is ideal […]
Malaysia property cycle and how to mitigate its risk?
Dr Peter Yee started out as an educator. Along the way, he attained a long list of degrees including a Doctorate in Business Administration (DBA) from Golden State University, USA, majoring in Investment Management, a Master in Business Administration (MBA) from the University of Dubuque, USA, a Diploma of Computer Education from Hyogo University, Japan […]
Buyers complain of prime units being taken up before launch
PETALING JAYA: As the property market gets “hotter”, there are complaints that prime units are being “pre-booked” before the launch dates. Groups of house buyers have claimed that although they were early at property launches, almost all end and corner lots of homes have been taken up. National House Buyers Association secretary-general Chang Kim Loong, […]
Glut dampens market value and rental of condos
SINCE the high-end condominium market took a beating following the global financial crisis in 2008, their values have been left pretty much battered even today. Investors who got into the market around the peak must still be quite disheartened by the market’s lethargy. The big supply coming onstream has also been a dampener on property […]
Makings of a choice location
Looking at Singapore and Hong Kong, CHRIS ARCHIBOLD examines the factors which make office markets attractive to businesses TO analyse how Singapore’s office market can differentiate itself against those in other major cities in the competition for investment, it is vital to understand how the markets are seen from the point of view of companies […]
Property players concerned over new housing loan criteria proposal
KUALA LUMPUR: A proposal to change the way housing loans are approved has property consultants and analysts worried as they felt loans given based on net income as opposed to gross income would dampen demand for housing. Some banks, however, don’t have an issue with the proposed changes as one banker said changes to the […]
TO BUY OR NOT TO BUY, THAT IS THE QUESTION
Outlook for housing market is uncertain, making it hard for would-be home buyers and investors to decide By Esther Teo SINGAPORE Home buyers, both occupiers and investors, have been scratching their heads more than usual lately on the vexing question of when to enter the market. Even leaving aside the current global stock market and […]
Home loans show investors shun property market August 9, 2011
Extracted from: Sydney morning herald Official figures show the owner occupied housing sector is holding up well, and won’t affect the outlook for interest rates, economists say. The number of home loans approved in June rose minimally to 49,175, from 49,167 in May, the Australian Bureau of Statistics said today. Economists’ forecasts had centred on […]
Grade A office rents on the rise
But still 36 per cent off peak levels in 2008 by Linette Lim 04:45 AM Aug 01, 2011SINGAPORE – Grade A office rents are on the rise, but are still some 36 per cent off its peak levels in 2008. This is according to Cushman & Wakefield Research presented at the recent Real Estate Developers’ […]
Naza TTDI plans 18 new launches by end of year
Thursday, July 14, 2011 KUALA LUMPUR: Naza TTDI Sdn Bhd, the property development arm of the Naza Group, plans to launch 18 new developments including new phases worth over RM1 billion by end of the year. Group managing director SM Faliq SM Nasimuddin said new property launches will include three high-end residential projects. “We are […]
Small homes a hit with singles and expats
By Esther Teo & Ian Poh extracted from Straits times, singapore LIVING in a tiny apartment might be a claustrophobic nightmare for some, but the prospect of a home, however small, that is affordable and centrally located is a hard combination to beat. The smallest types, the so-called shoebox apartments – they are less than […]
Competition for office tenants set to intensify
By Hamisah HamidPublished: 2011/06/ extracted from NST KUALA LUMPUR: Competition among lessors of office space in Kuala Lumpur is expected to intensify this year, with the annual average rentals of office space in the business district projected at US$25.19 (RM76) per sq ft. Global real estate firm Colliers International said completion of individual projects has […]
YTL LAND’S GROVE IN LAKE FIELDS – 100% RESERVED UNITS SOLD OUT DURING DAY 1 OF SOFT LAUNCH
A new benchmark was set for Sungei Besi properties today, as Grove – the latest offering by YTL Land & Development in Lake Fields sold out all 66 reserved units ahead of its launch. With a starting price of RM1.7 million, Grove has not only set a new price standard for Sungei Besi homes but […]
Even renovating has its funny moments… really
Richard Glover June 18, 2011 extracted from: sydney morning herald There is humour in the perilous business of home renovation, here are 25 reno rules to learn and follow. A friend has announced she is about to renovate her house. I have tried to dissuade her, pointing to the inevitable consequences of rage, bankruptcy and […]
Appetite for houses unabated
Jun 18, 2011 extracted from star property.com Strong demand continues to push up already high prices, especially landed properties. Future generations will have to get used to living in a box in the sky. The past six months have seen a deluge of property advertisements in the Friday, Saturday and Sunday newspaper issues. There are […]
Australia joins in Asian property stall
June 17, 2011 – extracted : sydney morning herald Comments 2 .From Mumbai to Melbourne, Asia’s property boom is stalling as the world’s highest interest rates and government efforts to curb prices take hold. In China’s biggest cities, growth slowed in April after the government stepped up property measures. In India and Australia, prices are […]
Feng Shui: River Effect
Properties from a Feng Shui perspective: Part 195 By David Koh and Joe Choo | Jun 17, 2011 This week, we come to the last segment of Petaling Jaya’s Section 19. As we observed these past few weeks, Section 19 tracks along the Penchala River from the Sprint Highway until the river reaches Section 14. […]
Home sales slowed last week: agents, developers
By KALPANA RASHIWALA DEVELOPERS and property agents reported slower home sales last week following National Development Minister Khaw Boon Wan’s cautionary remarks on his blog. Global Property Strategic Alliance CEO Jeffrey Hong, whose company is marketing several condo projects for developers, said: ‘Primary market sales (units sold by developers) softened a little bit last week […]
Market watchers warn of oversupply of private homes
By Joanne Chan | Posted: 11 June 2011 2054 hrs SINGAPORE: Market watchers have said there may be an oversupply of private homes in two to three years’ time, when most developments are completed. They cautioned that while a good economy may see these units gradually taken up, a downturn will send the property market […]
‘Village’ in the city
By ZAZALI MUSA zaza@thestar.com.my | Jun 11, 2011 Elegant look: The six-storey Boutique Suites with Penthouse Rooftop Garden at The Seed @ Sutera Utama, Johor Baru. JOHOR BARU: Tanah Sutera Development Sdn Bhd wants to bring back the spirit of kampong living with its new housing scheme called “The Seed @ Sutera Utama”. The company’s […]
China cracks the whip on affordable housing
Copyright AFP, 2011 | Jun 11, 2011 China’s housing authorities said Friday construction of 10 million state-subsidised apartments must start by the end of November in order to meet this year’s target, calling it a “political mission”. The housing ministry issued the urgent statement after state media said this week that a lack of funding […]
Bigger homes may not be happier homes
Jun 4, 2011 extracted from starproperty.com.my The phrase “old is gold” certainly holds true for many things such as family relations and friendships, but it does not seem to apply to consumer items, especially trendy ones. Barely months old gadgets are being replaced by new and trendier ones these days. This underscores the strong consumerism […]
Quality of housing stock already makes KL a global city
By REALITY CHECK By DATUK ABDUL RAHIM RAHMAN | May 28, 2011 extracted from starproperty.my IN a recent report from the UK, it was stated that the quality of a city’s housing stock plays an important role in boosting its attraction and making it more competitive in global terms. Malaysia has slipped in global competitiveness […]
TTDI residents concerned about noise from MRT
By FAZLEENA AZIZ fazleena@thestar.com.my | May 26, 2011 Noise pollution arising from the mass rapid transit (MRT) project was the number one concern raised by residents of Taman Tun Dr Ismail, Kuala Lumpur, at their meeting with Syarikat Prasarana Negara Bhd (Prasarana) and Land Public Transport Commission (SPAD) recently. The residents felt the MRT would […]
Mah Sing to launch RM2.5bil projects
Monday May 23, 2011 By ANGIE NG angie@thestar.com.my This is to meet its higher sales target of RM2bil for current financial year PETALING JAYA: Mah Sing Group Bhd will launch RM2.5bil to RM3bil worth of projects in the Klang Valley, Penang and Johor this year to meet its sales target of RM2bil for the current […]
Property remains hot investment instrument
By Living Matters By Angie Ng | May 21, 2011 extracted from star property.my When it comes to what is the best investment instrument to leverage one’s savings on, invariably the subject on property will crop up. So, is it a wonder why the property market is so hot? Rightly or wrongly so, more Malaysians […]
Over 20 developers to exhibit properties at NS Mapex
By CHITRA S. NATHAN metro@thestar.com.my | May 18, 2011 Giving details: Sivanyanam (left) and Rehda Malaysia vicepresident Datuk Soam Heng Choon speaking to reporters during the press conference on the Malaysia Property Expo. The Negri Sembilan Malaysian Property Expo (Mapex) will showcase 1,630 properties worth a total of RM459.2mil during the three-day event in Seremban […]
Demand for condos in KL
Monday May 16, 2011 By THOMAS HUONG huong@thestar.com.my Higher supply of luxury condos in the first quarter KUALA LUMPUR: The market for high-end condominiums and serviced residences in Kuala Lumpur is still very strong, according to CB Richard Ellis (Malaysia) executive chairman Christopher Boyd. Boyd said high-end condominiums and serviced residences launched in the city […]
Small impact seen after banks’ rates rise
May 14, 2011 extracted: starproperty PETALING JAYA: Banks that have recently raised their base lending rates (BLR) and base financing rates (BFR), following last week’s overnight policy rate (OPR) increase by Bank Negara, will likely see only a slight positive impact on their margins in the near term. According to analysts, the somewhat marginal impact […]
House prices to be controlled ‘if necessary’
By FLORENCE A. SAMY florenceasamy@thestar.com.my | May 13, 2011 PETALING JAYA: The Government is monitoring the spike in house prices and will not hesitate to implement measures to keep them under control, said Housing and Local Government Minister Datuk Chor Chee Heung. “Our ministry and Bank Negara are constantly monitoring the situation. “Of course, if […]
Rate hike unlikely to impact on property market
By THOMAS HUONG huong@thestar.com.my | May 10, 2011 Tang Chee Meng PETALING JAYA: The property market will not be impacted by the recent increase in the overnight policy rate (OPR), said property consultants. Last Thursday, Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement […]
Place the purchase of your property under a company, investors advised
May 9, 2011 extracted from starproperty Corporatise the purchase of your properties under a commercial entity to realise your investment potential, says KPMG partner Ooi Kok Seng. He said if the purchase of a property was placed under a company, the loan to ratio value which allowed borrowings of only up to 70% for a […]
Is the 5/95 housing loan scheme a better option?
May 7, 2011 extracted from starproperty When Lehman Brothers fell in September 2008, the Malaysian property market entered a challenging period. There were few takers and developers were at a loss as house buyers were few. In the first quarter of 2009, one of Malaysia’s largest property developer, SP Setia group coined what was soon […]
Come in and feel the noise: landlords to pay for rowdy tenants
Jimmy Thomson, Susan Wellings May 7, 2011 extracted from:smh . Photocopies stickytaped to city lamp posts offering dirt-cheap, shared-room rentals in luxury apartments could soon be a thing of the past after a landmark court ruling. Previously, landlords who crammed partying backpackers and students into houses and apartments could ignore complaints about noise, passing them […]
‘Unholy alliances’ to blame for exorbitant property prices, says HBA
By Lee Wei Lian May 04, 2011 KUALA LUMPUR, May 4 — The National House Buyers Association (HBA) has criticised the apparent collusion between some developers, valuers and banks for pushing up property prices to levels which it called “exorbitant” and said that stronger measures are needed to deter speculation. HBA said in a statement […]
Residential property boom in Johor Baru
Tuesday, May 3, 2011 Johor Baru: The prices of residential properties have risen by an average of 40 per cent since 2006, in a city which used to suffer from an overhang of properties. For example, Casa Almyra, a project by Danga Sdn Bhd, has seen prices go up to RM800,000 from RM450,000 in 2006. […]
Record year for property transactions seen
Saturday April 30, 2011 extracted from starproperty.my PETALING JAYA: Malaysia is likely to see a record year for property transactions and home price appreciation could accelerate, said CIMB Investment Bank Bhd. In its latest report for the Malaysian property sector, the research house said it remained particularly bullish on residential properties as house prices were […]
Peridot Hilltop Residence – all snapped up during the weekend launch
Apr 27, 2011 extracted from starproperty.my Steady stream of visitors to the Emerald Sales Gallery during the launch Another solid sell-out – GuocoLand Malaysia’s weekend launch of its final release of bungalow lots at the Peridot Hilltop Residence were quickly snapped up, reaffirming Emerald’s position as the township of choice in Rawang. All 66 bungalow […]
Beware of con tenants on the prowl
By ALKHARLEEZ ZUBIN | Apr 27, 2011 kharleez@thestar.com.my Wiped Clean: The conman carted away every piece of expensive item from Prabakaran’s unit. The condominium unit owner pointing to an empty hall after his furniture were stolen. A new breed of con artistes are emerging in the Klang Valley posing as prospective tenants and carting away […]
Mah Sing’s Star Avenue Shop Offices sold out in one weekend
Apr 27, 2011 extracted from starproperty.my Artist’s impression of the Avenue Street Mall at Star Avenue at Damansara. Mah Sing Group Berhad registered sales of RM242.5million during the launch of Phase1&2 of Star Avenue@D’sara in Sungai Buloh over the weekend. The launch attracted more than 800 prospective buyers and all 92 units of the three […]
Knowledge and timing the key
By E Jacqui Chan of The Edge Malaysia Sunday, 24 April 2011 00:00 ‘Buy based on what you know, not what you see’ In 2009, Thomas Ong and Edmond Liau took a few friends to the site of the yet-to-be-developed commercial project Equine Boulevard in Seri Kembangan to explore its investment potential. Ong and Liau, […]
Attraction of average-size residential, shopping projects
By LIVING MATTERS By ANGIE NG | Apr 23, 2011 extracted from starproperty.my The built environment in the Klang Valley, Penang and other parts of the country is poised for major changes going by the ambitious infrastructure and development projects that have been planned to boost the liveability and growth potential of our major cities. […]
Residential properties dominate 2010, with transactions worth RM50b
By Melissa Chi April 20, 2011 Labourers work at an apartment building under construction in Kuala Lumpur in this file photo of July 23, 2009. — Reuters pic KUALA LUMPUR, April 20 — Residential property continued to dominate the overall property market in 2010, with 60.2 per cent of the total volume, according to the […]
Australian developer The King comes to town
KUALA LUMPUR: Australian developer The King Property Group has set up a base in Malaysia to sell its properties to local investors. Its director Edwen Yew said the group is venturing into Asia to build its brand and raise its profile to prepare for an initial public offering (IPO) in Hong Kong in three years. […]
Don’t circumvent Bank Negara’s ruling
extracted from starproperty.my 17th April 2011 Last November, Bank Negara introduced a macroprudential measure to curb speculation in the property market. Buyers of third and subsequent properties were required to pay a minimum downpayment of 30% of the purchase price. Four months into that ruling, Bank Negara’s monthly statistical bulletin showed that for four consecutive […]
Don’t circumvent Bank Negara’s ruling
By HOUSING INVESTMENTS | Apr 16, 2011 By THEAN LEE CHENG extracted from starproperty.my Last November, Bank Negara introduced a macroprudential measure to curb speculation in the property market. Buyers of third and subsequent properties were required to pay a minimum downpayment of 30% of the purchase price. Four months into that ruling, Bank Negara’s […]
To buy a home or wait
Saturday, April 16, 2011 the star online FIRST time home buyers who are daunted by soaring prices of residential properties in the Klang Valley should not wait in the hope of a softening in the property market. Prospective new home buyers may want to take note of rising construction costs that are driving up property […]
It pays to be different
Property Times, April 8, 2011 By S.C Cheah Who says the high-end condominium market is saturated and lacks buyers? It all depends on who is doing the offering and for what. If, for example, you are YTL Land & Development Bhd (YTL Land) or Sunway City Bhd (SunCity), you can be assured the response to […]
Overwhelming response to launch of Kinrara Residence’s Show Village and clubhouse
Apr 12, 2011 Buyers looking at the scale model of the entire Kinrara Residence project Mah Sing Group hosted a grand launch of Kinrara Residence’s Show Village comprising three storey superlink, two and threestorey semi-detached as well as its sleek design clubhouse to more than 1,500 guests on 9 April 2011. Kinrara Residence is a […]
Gradual rise in Penang property prices seen
By Daivd Tan | Apr 11, 2011 davidtan@thestar.com.my | Apr 11, 2011 »The market demand will be more focused on smaller units that are competitively priced« HENRY BUTCHER DIRECTOR DR TEOH POH HUAT GEORGE TOWN: The rise in residential property prices in Penang will be a more gradual this year, according to real estate valuers. […]
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