Oct 27, 2010   Two of my former students came to my office the other day. Both of them are doing extremely well. They own properties worth more than RM10 million and have been full-time property investors for the last nine years. Naturally, our discussion soon treaded into the current property scene in Malaysia. They […]

Oct 26, 2010 extracted: starproperty Dangerous items: Lim inspecting flower pots hanging precariously off the corridor ledge on the 14th floor of one of the blocks. Pots such as these may fall and injure pedestrians. BROKEN window panes, bird cages and even potted plants were among the ‘flying objects’ that have been hurled down from […]

SHAH ALAM: There is still a long way to reach property bubble in Malaysia, says Housing and Local Government Minister Datuk Wira Chor Chee Heung. According to the Housing Index for the last 10 years, prices of houses have moved about 37 per cent while in countries like Singapore and Hong Kong, property prices shot […]

Saturday October 23, 2010  PETALING JAYA: Home buyers are encouraged to take up two-generation loans and financial institutions should support the move. “The most important thing is for the individual to own a house for his family to live in. “If loan repayment is extended to the second generation, that means the family will remain […]

Friday October 22, 2010 extracted:starproperty By NG CHENG YEE and EDWARD R. HENRY SHAH ALAM: The Housing and Local Government Ministry does not foresee a property “bubble” in the country, where a rise in prices will be followed by a rapid reduction. Minister Datuk Chor Chee Heung said that so far this year, property prices […]

By Plain Speaking – By Yap Leng Kuen | Oct 20, 2010 extracted : Star property IN the horror film Drag Me To Hell, an old gypsy woman was so angered by a loans officer’s refusal to extend her mortgage payment that she attacked her in the bank parking lot and later placed a curse […]

By YIP YOKE TENG and LIM CHIA YING  extracted: Starproperty.my The infrastructure development projects proposed in Budget 2011 are welcomed in the Klang Valley as they would improve the quality of life. However, industry experts commented that comprehensive planning and follow-up action must be in place to ensure that funds allocated for the projects are […]

Oct 16, 2010 extracted from starproperty FIRST-TIME house buyers with a family income of less than RM3,000 per month need not pay the 10% down payment under the My First House Scheme (Skim Rumah Pertamaku). The 10% down payment will be guaranteed by Cagamas Bhd for houses priced below RM220,000. This will allow the first-time […]

By EUGENE MAHALINGAM  Oct 9, 2010 extracted: starproperty.com LOCATED up in the hills amidst quiet surroundings and just minutes away from the Kuala Lumpur city centre, Damansara Heights is easily one of the most exclusive neighbourhoods in the Klang Valley. It helps too that there is not a lot of vacant land up for sale […]

By JACK WONG  Oct 4, 2010 extracted from Starproperty.com KUCHING: Naim Holdings Bhd has earmarked three high-end property developments in Miri and here for the largely untapped Malaysia My Second Home programme in Sarawak. Corporate services and human resource senior director Ricky Kho said the three projects with gross development value (GDV) close to RM400mil […]

By ELAINE ANG | Oct 2, 2010  extracted from starproperty.my THE numbers speak for themselves. Most banks, especially those with a strong retail banking orientation, see property loans as an important part of their loan portfolio. As at end-June 2010, property loans accounted for 37% of the total banking sector loan portfolio. This is from […]

Wednesday September 29, 2010 The Star Says . . . RISING house prices are a double-edged sword. Those who already own them will welcome the higher prices simply because that means more profit when they sell the properties, especially those who have invested in them in the hope of making a gain. But for those […]

By Sherry Koh | Sep 30, 2010 extracted: www.thestar.com.my Everyone wants to be a millionaire, but not many are prepared to make the sacrifices it takes to be one. Real estate consultant and property investor Nancy Ng has certainly worked hard for her success. Together with her husband, they have accumulated approximately 18 properties that […]

Saturday September 25, 2010 COMMENT By THEAN LEE CHENG EARLIER this year, a relative of mine managed to sell his Bukit Sentosa house after four years. Its closest town is Rawang. He decided to relocate back to Petaling Jaya. But property prices have gone up so much that he now has to rent. In his […]

BY THEAN LEE CHENG extracted from: www.thestar.com.my Sept 25, 2010 DATUK Seri Idris Jala is not an urban planner – he is the master urban planner. As he presented his ideas on moving the country into high-income territory, he has fixed his focus on the city. His rationale: Greater Kuala Lumpur (KL) will be the […]

Saturday September 25, 2010  By ELAINE ANG elaine@thestar.com.my PETALING JAYA: The potential reduction in the loan-to-value ratio for the third and subsequent house purchases to as low as 70% will bite into property speculation activities as well as banks’ loans growth and earnings to a certain extent, analysts said. A property analyst said a loan-to-value […]

Sep 23, 2010 HE National House Buyers Association is having three seminars from tomorrow to Saturday at the Mid Valley Exhibition Centre in Kuala Lumpur. The sessions are ideal for house buyers, property investors, developers, financiers, architects, engineers, surveyors, valuers, contractors, real estate agents, lawyers, accountants, stakeholders, insurance professionals and interested parties. The topic for […]

Sep 22, 2010 KUALA LUMPUR: To make Greater Kuala Lumpur one of the top 20 cities in the world, an estimated RM172bil will be required over the next 10 years, with 34% of that funding money to come from the public sector. Much of that money would go towards building a mass rapid transit system […]

Sep 14, 2010  extracted:thestarproperty.my S. K. Brothers Realty Sdn Bhd general manager Chan Ai Cheng explores the upside and downside of both renting and buying. WHY RENT? • When time is of the essence Rent is the ideal option when you need a place in a hurry or on a speedy basis. This is because […]

By THEAN LEE CHENG | Sep 18, 2010  extracted: www.thestar.com.my WHILE much of the Western world today continues to suffer the effects of the global financial crisis of 2008/09, Asia has moved on. It is probably in this process of moving on that there is much concern about the property prices today, as seen in […]

Saturday September 18, 2010 By ANGIE NG extracted: www.thestar.com.my There has been some concern in recent months over an imminent real estate bubble in Malaysia. How real is this threat or is it merely confi ned to a few hot spots? CONCERNS over whether the local housing market is overheating and will lead to an […]

16 Sept 2010  By FINTAN NG  copyright: www.thestar.com.my Urusharta’s purchase will dwarf previous transactions in the Kula Lumpur city centre PETALING JAYA: A parcel of land in Kuala Lumpur’s shopping district of Bukit Bintang has been acquired by Urusharta Cemerlang (KL) Sdn Bhd at a record price of RM210mil from CDL Hotels (M) Sdn Bhd, […]

Copyright AFP, 2010 | Sep 13, 2010 Australian authorities said Monday they were investigating claims that a man had one of his houses sold without his knowledge, with another property about to be handed over to new owners. The Major Fraud Squad is looking into the alleged scam, under which Roger Mildenhall’s 485,000 dollar (451,316 […]

Sep 13, 2010   extracted www.thestar.com.my GEORGE TOWN: The second half of this year will see the commencement of property launches in Seberang Prai for 1,981 landed and high-rise property units with an estimated gross sales value (GSV) of RM571mil. Asas Dunia Bhd, Tambun Indah Development Sdn Bhd, and Island LandCap Properties Group are among […]

By ANGIE NG extracted : www.thestar.com.my | Sep 10, 2010 Will real property gains tax be raised? PETALING JAYA: Hot on the heels of the possibility that Bank Negara will propose tightening the mortgage loan market to curb speculative buying in the upper medium to high-end housing market, questions have arisen whether the Government may […]

By Making a Point – By Jagdev Singh Sidhu | Sep 9, 2010 THE subject of property prices and financing has gathered momentum ever since news broke that Bank Negara is assessing the situation to determine if new measures should be instituted to cool down fast escalating property prices. Lobby groups for the industry have […]

Wednesday September 8, 2010 BEHIND THE NEWS By ANGIE NG www.thestar.com.my PROPERTY, especially the hot housing market, has become a favourite topic these days. Malaysians are generally quite savvy investors and their penchant for viable investment instruments have contributed to the current run-up in the housing market. The availability of easy housing facilities, including the […]

Monday September 6, 2010 By ONG HAN SEAN hansean@thestar.com.my PETALING JAYA: Several groups are up in arms over a proposal to cut housing loans by 10% from the current cap of 90%, saying that the move will only discourage Malaysians from buying houses. National House Buyer’s Association (HBA) and Federation of Malaysian Consumers Associations (Fomca) […]

Saturday September 4, 2010 By TEE LIN SAY linsay@thestar.com.my Luxury units with spectacular views and top quality designs TWO things stand out among the Top 10 freehold condominiums around KLCC – the wide disparity in capital values of those who made it to the ranks (the top 2 are worth more than two to three […]

Saturday September 4, 2010www.thestar.com.my By ANGIE NG PETALING JAYA  The ringgit’s strength and generally lower property valuations in the UK are drawing more  Malaysian investors, both retail and institutional, to London and the latest to make the move is the Employees Provident Fund (EPF). The pension fund has allocated a war chest of £1bil (RM4.88bil) to […]

By TEE LIN SAY | Sept 3, 2010 KUALA LUMPUR: Preemptive measures to curb purchases in certain property segments may yield temporary results as buoyant consumer sentiment and demand for good locations are expected to sustain. Property analysts said there could be a short-term knee-jerk reaction to Bank Negara’s possible imposition of an 80% loan-to-value […]

By ANGIE NG and SHARIDAN M. ALI starbiz@thestar.com.my | Sep 2, 2010 Datuk Michael Yam … ‘Bank Negara should not impose a mandatory LVR cap on loans. PETALING JAYA: Bank Negara is engaging with banks on possible measures to curb excessive speculation on property prices while developers caution that it should not be imposed across […]

Copyright AFP, 2010 | Sep 1, 2010 Key Asian economies fearing a US-style housing market bubble are taking fresh measures to curb runaway property prices as the region leads the global rebound from recession. High domestic liquidity, cash-rich foreign investors and low interest rates have stoked demand, with prices for some sectors in Hong Kong […]

By TEE LIN SAY linsay@thestar.com.my KUALA LUMPUR: There may be a new round of price war among banks for consumer loans, with the new mortgage rate going down to as low as base lending rate (BLR) -2.3%. The current BLR rate is 6.3%. Some analysts said this comes as a surprise to the market after […]

KUALA LUMPUR, Aug 30 (Bernama) — The property sector is likely to be downgraded if Bank Negara Malaysia imposes a lower mortgage Loan-to-Value (LVR) ratio, says Kenanga Research. Bank Negara is reported to have written to financial institutions to secure feedback on the possibility of capping the LVR for mortgages at 80 per cent to […]

By ANGIE NG angie@thestar.com.my Aug 28, 2010 A DROP in the capital value of office buildings from their previous highs is attracting higher interest among investors looking for potential value upside and good rental income streams, say property consultants. According to CB Richard Ellis Sdn Bhd executive chairman Christopher Boyd, the value of office buildings […]

August 18, 2010 .The RBA is still backing it, but Morgan Stanley chief economist Gerard Minack has lost faith in the fundamentals of Australia’s housing market. MORGAN Stanley’s Gerard Minack has diversified from being bearish about US equities into calling Australian housing a dud investment, a bubble, albeit one that just might steadily deflate rather […]

LADY Luck smiled on a tenant in Hong Kong early this month after the court awarded her ownership of a flat she had been renting for the past 37 years. The story of how Lam Che ended up owning her 600sq ft unit in the To Kwa Wan district and now worth HK$2.4 million (RM984,000) […]

LIVE IN Magazine | Jul 19, 2010 extracted: www.thestar.com.my ——————————————————————————– Hong Kong tycoon, Li Ka-Shing Home prices have risen rapidly in the last 15 months, sparking concerns about a possible bubble in the Hong Kong market. While urging caution, Li Ka-Shing avoided the “B” word while answering questions at the recent results press conference for […]

By ANDREW LEE andrewlee@thestar.com.my | Aug 21, 2010 WITH so much shopping mall space already taken up in the Klang Valley, developers are turning toward building suburban malls in residential areas. One such example is the new 470,000 sq ft SSTwo Mall along Jalan SS2/75, set to open in the fourth quarter of this year. […]

By ZAZALI MUSA zaza@thestar.com.my | Aug 19, 2010 ——————————————————————————– Tan Cher Puk (left) and Mohd Noor Abdul Salam at the showhouse of Bluebell @ Garden Residency in Bandar Seri Alam PASIR GUDANG: Seri Alam Properties Sdn Bhd, a wholly-owned subsidiary of UMLand Bhd, will launch its high-end residential properties at Bandar Seri Alam starting next […]

Wednesday August 18, 2010 Landlords pay for tenants’ debts By SHERYL CHIENG newsdesk@thestar.com.my KUALA LUMPUR: Landlords are now saddled with problems caused by tenants who borrow money from Ah Longs and disappear, said MCA Complaints Bureau chief Datuk Michael Chong. There have been 32 such cases this year, where Ah Longs turning on landlords and […]

By Racheal Lee of The Edge Malaysia Sunday, 15 August 2010 00:00 Gamuda Land Sdn Bhd has carved a name for itself as a landed residential estate developer in the suburbs with townships such as Bandar Botanic in Klang, Valencia in Sungai Buloh and Jade Hills in Kajang. But things are changing, and the property […]

Saturday August 14, 2010 THE REAL ESTATE BY ANGIE NG www.thestar.com.my RISING house prices show that residential properties have become the “hottest” pick for investors who are flushed with cash and believe investing in a tangible asset is a good investment choice. Although it may seem that the property market is on a “wholesale revaluation […]

Felicity Caldwell | 12th August 2010 A FRUSTRATED renter took her anger out on a real estate agent in a bizarre attack after claiming her property had no drinking water. Kerry Lynn Kirkpatrick went to Ray White Yamanto on June 30 with a black permanent marker. Ipswich Magistrates Court heard Kirkpatrick wrote obscenities and scribbled […]

AS I was getting ready for some exercise early yesterday morning, I saw a man walking up the street dropping a leaflet into the mailboxes of homes. I took one off him as he approached the front of my house and it was an advertisement for properties. The houses on offer in the secondary market […]

Malaysia’s property sector showed signs of improvement with new launches increasing by 21 per cent in the first half of this year compared to the last six months of 2009. There was a 12 per cent improvement in performance this year and actual sales had increased marginally, according to a survey by the Real Estate […]

Saturday, August 7, 2010 With the opening of 20 malls in the Klang Valley with a total net floor area of 4.4 million sq ft this year, the retail property market is likely to face an oversupply situation with pressure on rental rates, property consultants say. Many shopping mall projects that were put on hold […]

COMMENT By RAYMOND ROY TIRUCHELVAM —-WE have used the P/E ratios more often than we know in our lives concerning purchases and investments. Few realise how important this financial ratio is. At present, this ratio is primarily used for shares or company valuation. In simple terms, a P/E ratio is the ratio of the price […]

Saturday, August 7, 2010 COMMENT By THEAN LEE CHENG SINCE the last quarter of 2009, property prices have not gone up incrementally. They have escalated, especially for landed units. In certain locations, prices may be unsustainable. Up to the first quarter of this year, intermediate two-storey houses in a popular part of Petaling Jaya were […]