http://www.starproperty.my/PropertyGuide/Finance/15938/0/0
Showing posts with label Article. Show all posts
Showing posts with label Article. Show all posts
Tuesday, November 1, 2011
Invest in Greater KL
If you are looking for landed property, maybe is time to look "outside" those hotspot area....e.g. Sungai Buloh :)
http://www.starproperty.my/PropertyGuide/Finance/15938/0/0
http://www.starproperty.my/PropertyGuide/Finance/15938/0/0
Sunday, October 16, 2011
Property pointers
Property pointers - StarProperty.my
“The global environment is changing. Strictly speaking, an upgrader sells the old house to buy the new. If he is going to hang on to the old, he will have to consider the rental market where yields are falling. He has to consider whether the market has peaked in the areas he wants to buy and whether it can go further and that may be unlikely in many areas. Value has gone above the normal governing fundamentals of price versus household income, and price versus rental returns.
“Prices will have to stabilise. When considering buying the larger residential units for investment, the question to ask is, Can you rent it out? Smaller units will be more feasible. But having said that, we are seeing a huge number of 400 sq ft units of service apartments being built. While these may be affordable, buyers must consider rentability. Access, connectivity and proximity to amenities are important. And if there are so many of these units, you may need to take a longer period to rent and to re-sell in the secondary market in today’s uncertain climate.
“Prices will have to stabilise. When considering buying the larger residential units for investment, the question to ask is, Can you rent it out? Smaller units will be more feasible. But having said that, we are seeing a huge number of 400 sq ft units of service apartments being built. While these may be affordable, buyers must consider rentability. Access, connectivity and proximity to amenities are important. And if there are so many of these units, you may need to take a longer period to rent and to re-sell in the secondary market in today’s uncertain climate.
Wednesday, July 13, 2011
Interesting Article: Underwater Home
Even though we owe more money on our mortgage than our house is now worth, we have discovered a positive side to plummeting house values that include a huge reduction in our property tax bill.
(I am thinking, if I am the home owner, should I sell the house or hold it? If I sell it, I have no more house but still owe bank money. Maybe I shall keep it and close two eye to pay the installment every month.)
According to Zillow.com, half of homeowners who purchased their home in 2006 owe more than their home is currently worth. For people like us who purchased in 2005, the percentage underwater of people who are underwater in their homes is 42 percent.
http://finance.yahoo.com/news/First-Person-Why-We-Pumped-ac-1929272088.html?x=0
Tuesday, April 12, 2011
Seller Market
Nice Article: Malaysia Property portal, Classifieds, Listings, News, Home & Décor
The aggregate of worried people rushing to purchase properties may explain why property prices have escalated above the affordable level of most ordinary people. This kind of market is called a “Seller's Market” otherwise known as the best time for people who own property to sell their property for a good price as there are more buyers seeking for property. The fact is the property prices can fluctuate. Like the stock market, it goes through cycles as well. In general, the prices of properties have already appreciated approximately 20% to 30% over the past two years, and the upside for capital appreciation may be limited. ...
The aggregate of worried people rushing to purchase properties may explain why property prices have escalated above the affordable level of most ordinary people. This kind of market is called a “Seller's Market” otherwise known as the best time for people who own property to sell their property for a good price as there are more buyers seeking for property. The fact is the property prices can fluctuate. Like the stock market, it goes through cycles as well. In general, the prices of properties have already appreciated approximately 20% to 30% over the past two years, and the upside for capital appreciation may be limited. ...
Wednesday, September 22, 2010
Young couples priced out of home market
Young couples priced out of home market
Malaysian, you should feel lucky after reading this....
HONG KONG: Low-income families are being left behind in the battle to buy their own homes as soaring house prices push the cost of public and subsidised flats beyond their reach.
The story of Ann Kan, a young clerk who hoped to buy a flat with her fiance, is typical."We are getting married in November and still do not have a flat to move into, although we began trying to buy something half a year ago," she said.
The couple had hoped to buy a flat in a private housing estate with a budget of HK$300,000 (RM119,434.06) as a down payment, she said. (In Malaysia, 100k as downpayment can buy Semi-D or Luxury Condo liao....)
A 778 square foot flat in Yiu Chung House in the Yiu On Estate in Sha Tin was sold for HK$2.07 million on the open market this month, a record for a public housing flat (778 sft Public housing flat also cost RM1 million, this can buy studio at KLCC !!). The vendor bought the flat for HK$1.8 million in February. (Within few monthly price increase 10%+, did salry increase that fast too???)
"Second-hand HOS or public housing flats are now also too expensive. We could not afford to have a baby if we bought a flat, and we would rather have a baby." (Here you can have both baby and house ...)
Malaysian, you should feel lucky after reading this....
HONG KONG: Low-income families are being left behind in the battle to buy their own homes as soaring house prices push the cost of public and subsidised flats beyond their reach.
The story of Ann Kan, a young clerk who hoped to buy a flat with her fiance, is typical."We are getting married in November and still do not have a flat to move into, although we began trying to buy something half a year ago," she said.
The couple had hoped to buy a flat in a private housing estate with a budget of HK$300,000 (RM119,434.06) as a down payment, she said. (In Malaysia, 100k as downpayment can buy Semi-D or Luxury Condo liao....)
A 778 square foot flat in Yiu Chung House in the Yiu On Estate in Sha Tin was sold for HK$2.07 million on the open market this month, a record for a public housing flat (778 sft Public housing flat also cost RM1 million, this can buy studio at KLCC !!). The vendor bought the flat for HK$1.8 million in February. (Within few monthly price increase 10%+, did salry increase that fast too???)
"Second-hand HOS or public housing flats are now also too expensive. We could not afford to have a baby if we bought a flat, and we would rather have a baby." (Here you can have both baby and house ...)
Sunday, September 5, 2010
My Dream Home 2010
This is what we call Interior Designer !!!!! Originally this is just a conventional 22ft x 75ft terrace house....but now it look like ...aiks....dunno how to describe... you need to view the photo below to appreciate it....it is too amazing ...
City&Country: My Dream Home 2010-- Living the dream
City&Country: My Dream Home 2010-- Living the dream
Saturday, September 4, 2010
Condo vs Landed: A rising trend for condos - StarProperty.my
Security is the main reason that I choose Condo over Landed House. I wanted to ensure my family is live in "safer" place, especially when I am away to work. It is very hard to find affordable (RM500k++) gated and guarded landed house within KL/PJ area, unless I explore further to outer area like Kota Kemuning or Setia Alam.
Saw this article in TheStar today...seem like I am not the only one doing so, as there is a trend that people start moving to Condo instead of Landed House...see below..
A rising trend for condos - StarProperty.my
Tuesday, August 31, 2010
Gated Guarded Project - Sierramas vs. Desa Park City vs. Setia Eco Park
Source: Estate 123
Introduction: Who likes to know the future trends of the Malaysian property market?
What property to invest into? Could it be link-houses, apartments, condominiums, semi-dees, bungalows or villas, all in strategic locations? Almost all types will give you good returns but which investment will stand out over the longer term period...
Location
Strategic location is always the most important factor when investing in a property. However, what is the next best deciding factor. It can be anything & anybody guesses. However, let us give some thoughts, for example if we were thinking of buying our Ultimate DREAM Homes. Meaning, when money & time is no longer an obstacle to the decision making buying process, would you agree that tight security homes will become a more & more important deciding factor?
Recently, we notice that, in most property launches we visited, we started to realize that more & more developers are beginning to highlight the importance of security. Looks like the trend is Right on track....
Developer
Sierramas East & West enjoyed the first mover advantage as they are the First to market Gated & Guarded Community. Thereafter, Sam Ling Group launched Desa Park City and SP Setia launched Setia Eco Park & a few other projects follow through. However, over the last 5-10 years, the market responded poorly & demand was below expectations as local market was not ready & buyers are not YET willing to pay for the services. However, recently, there is some positive growth.
A semi-dee in Sierramas launched during 1998 priced at RM700K is marketed at RM1.2 million now. The estimated appreciation is 70% or RM50K per year. However, a semi-dee in TTDI which was sold at RM920k during 1998 is presently marketed at RM1.2 million only too. Similar properties in Bangsar are also not enjoying much appreciation now. Many affluent families are moving away from old residential areas to new gated guarded community.
Look like most developers are becoming more & more aware of this trend....we observe....
Special
Residence in Sierramas has only great comments to boast about their gated & guarded homes. Freedom to go around. Peaceful environment. Door un-locked. Emergency panic button. Jogging track, Golf courses, Butterfly farms etc etc...
Obviously, Desa Park City & Setia Eco Park are emulating Sierramas‘s concept. And we expect more similar projects to be launched soon.
All in all, the key factor is always about Tight Security & Peaceful environment for Family members.
Against
Condominium is also considered guarded & gated project. Many purchasers stayed on condominiums based on this sole factor. However, many have been disappointed with the security services & the poor management of these services always arises, whether it is manage by the developer or by the community.
Sierramas, Desa Park City & Setia‘s project includes the services & they are responsible to provide the entire services & are also given the rights to penalize non-paying residence.
Recommendation
We believe the trend is having a Home that provide a peaceful environment to your family. Obviously, it comes with a cost. The question is which one is more important – family or cost?
Introduction: Who likes to know the future trends of the Malaysian property market?
What property to invest into? Could it be link-houses, apartments, condominiums, semi-dees, bungalows or villas, all in strategic locations? Almost all types will give you good returns but which investment will stand out over the longer term period...
Location
Strategic location is always the most important factor when investing in a property. However, what is the next best deciding factor. It can be anything & anybody guesses. However, let us give some thoughts, for example if we were thinking of buying our Ultimate DREAM Homes. Meaning, when money & time is no longer an obstacle to the decision making buying process, would you agree that tight security homes will become a more & more important deciding factor?
Recently, we notice that, in most property launches we visited, we started to realize that more & more developers are beginning to highlight the importance of security. Looks like the trend is Right on track....
Developer
Sierramas East & West enjoyed the first mover advantage as they are the First to market Gated & Guarded Community. Thereafter, Sam Ling Group launched Desa Park City and SP Setia launched Setia Eco Park & a few other projects follow through. However, over the last 5-10 years, the market responded poorly & demand was below expectations as local market was not ready & buyers are not YET willing to pay for the services. However, recently, there is some positive growth.
A semi-dee in Sierramas launched during 1998 priced at RM700K is marketed at RM1.2 million now. The estimated appreciation is 70% or RM50K per year. However, a semi-dee in TTDI which was sold at RM920k during 1998 is presently marketed at RM1.2 million only too. Similar properties in Bangsar are also not enjoying much appreciation now. Many affluent families are moving away from old residential areas to new gated guarded community.
Look like most developers are becoming more & more aware of this trend....we observe....
Special
Residence in Sierramas has only great comments to boast about their gated & guarded homes. Freedom to go around. Peaceful environment. Door un-locked. Emergency panic button. Jogging track, Golf courses, Butterfly farms etc etc...
Obviously, Desa Park City & Setia Eco Park are emulating Sierramas‘s concept. And we expect more similar projects to be launched soon.
All in all, the key factor is always about Tight Security & Peaceful environment for Family members.
Against
Condominium is also considered guarded & gated project. Many purchasers stayed on condominiums based on this sole factor. However, many have been disappointed with the security services & the poor management of these services always arises, whether it is manage by the developer or by the community.
Sierramas, Desa Park City & Setia‘s project includes the services & they are responsible to provide the entire services & are also given the rights to penalize non-paying residence.
Recommendation
We believe the trend is having a Home that provide a peaceful environment to your family. Obviously, it comes with a cost. The question is which one is more important – family or cost?
Monday, August 30, 2010
Like That Also Can ....
BEFORE and AFTER
BEFORE:
“I purchased the house in year 2008 for RM850,000. I spent about RM700,000 to rebuild the house; almost demolishing everything. Very little of the original house is left,”
AFTER:
Phuah plans to sell the Seputeh bungalow at RM2.5 million. “Everything goes. Lock, stock and barrel, minus me (laughs).”
Friday, August 27, 2010
Azizi Ali: Property investment in the new decade - StarProperty.my
Azizi Ali: Property investment in the new decade - StarProperty.my
As a result of the new challenges, the investors using the current success formula of buying five properties at one go (by paying the minimum down payment and borrowing to the hilt) will be seriously hammered. They will experience much pain, to put it mildly. Some people will lose their properties, some will lose more than money and yes, some will become ex-millionaires.
As a result of the new challenges, the investors using the current success formula of buying five properties at one go (by paying the minimum down payment and borrowing to the hilt) will be seriously hammered. They will experience much pain, to put it mildly. Some people will lose their properties, some will lose more than money and yes, some will become ex-millionaires.
Saturday, August 7, 2010
Investment advice from three property millionaires - StarProperty.my
Investment advice from three property millionaires - StarProperty.my
Some FAQ from property expert. Some highight below which I think quite important to pay attention to...
Question: Please share the best location for commercial properties.
Wong: For commercial, you must look at the amenities, population and human and car traffic. If at a location, you can’t find parking, the property appreciation will be huge. I go for locations with more supply than demand. And I also purchase the best lots, which are corner or adjoining units.
Question: Should I refinance my paid property?
Ng: One must love to borrow money. By borrowing, you are able to buy a few more properties. In a few years, the properties will appreciate and then when you refinance, you can buy more properties. Some people, they have a phobia of borrowing money from the bank. They are not able to sleep at night. If you are such a personality, then please do not refinance (laughs).
Question: Should I resign?
Wong: In year 2002 to 2004, I was still working. You should get good cashflow before resigning. Employment is good for getting loans. The job is the vehicle for you to get loans for property investment.
Question: I have a limited budget. Should I buy high-end or low cost?
Doshi: A few high-end or many low cost units. You can use the No-Money-Down strategy to buy many medium or low cost units. If it is a high-end unit, you can go for commercial. Personally, I would rather not buy a high-end condominium. If a unit is more than RM800,000, at that level the tenant pool is small as there’s an oversupply. In Bangkok, there’s more than 100,000 expatriates while Malaysia has about 30,000 to 40,000 expatriates.
Some FAQ from property expert. Some highight below which I think quite important to pay attention to...
Question: Please share the best location for commercial properties.
Wong: For commercial, you must look at the amenities, population and human and car traffic. If at a location, you can’t find parking, the property appreciation will be huge. I go for locations with more supply than demand. And I also purchase the best lots, which are corner or adjoining units.
Question: Should I refinance my paid property?
Ng: One must love to borrow money. By borrowing, you are able to buy a few more properties. In a few years, the properties will appreciate and then when you refinance, you can buy more properties. Some people, they have a phobia of borrowing money from the bank. They are not able to sleep at night. If you are such a personality, then please do not refinance (laughs).
Question: Should I resign?
Wong: In year 2002 to 2004, I was still working. You should get good cashflow before resigning. Employment is good for getting loans. The job is the vehicle for you to get loans for property investment.
Question: I have a limited budget. Should I buy high-end or low cost?
Doshi: A few high-end or many low cost units. You can use the No-Money-Down strategy to buy many medium or low cost units. If it is a high-end unit, you can go for commercial. Personally, I would rather not buy a high-end condominium. If a unit is more than RM800,000, at that level the tenant pool is small as there’s an oversupply. In Bangkok, there’s more than 100,000 expatriates while Malaysia has about 30,000 to 40,000 expatriates.
Wednesday, July 28, 2010
My New Idol !!!
I wanted to dig a hole to hide after reading this article. Remember the face below, remember this person, and you got to read this article completely, then you will know why...
Here is some highlight of the article:
Her path to financial success is an accelerated one. Within seven short years, Prudence Wong, group brand manager turned property investor turned property developer-cum-entrepreneur
So your investment journey is about seven years so far?
Yes, about there. I am still an investor. Every year I make sure that I buy, but not every month. Last time I used to buy every month.
How did you find the time and energy to do all that?!
I did full-time! I have the passion to do all of these things.
Why did you select these areas?
When I was a marketing executive for a telecommunications company, I was seconded to Shah Alam and at that time, this area (Shah Alam) just started (to develop). I also stayed in Shah Alam for about six years. So I know Shah Alam pretty well.
For details of this article, please view here
You may also view her profile here
Here is some highlight of the article:
Her path to financial success is an accelerated one. Within seven short years, Prudence Wong, group brand manager turned property investor turned property developer-cum-entrepreneur
So your investment journey is about seven years so far?
Yes, about there. I am still an investor. Every year I make sure that I buy, but not every month. Last time I used to buy every month.
How did you find the time and energy to do all that?!
I did full-time! I have the passion to do all of these things.
Why did you select these areas?
When I was a marketing executive for a telecommunications company, I was seconded to Shah Alam and at that time, this area (Shah Alam) just started (to develop). I also stayed in Shah Alam for about six years. So I know Shah Alam pretty well.
For details of this article, please view here
You may also view her profile here
Wednesday, July 21, 2010
Taking Small Risks to Beat Inflation
Have a chat with a friend today, he have some cash on hand. Not sure what to do with it. His wife strongly encourage him to put it in Fixed Deposit (FD), while he thinking whether he should keep in FD, or invest in property.
My response to him is: I will send you an article, you just foward to your wife. Then wait and see her response.
Here is it:
Taking Small Risks to Beat Inflation
My response to him is: I will send you an article, you just foward to your wife. Then wait and see her response.
Here is it:
Taking Small Risks to Beat Inflation
Thursday, June 24, 2010
Wednesday, June 23, 2010
Brilliant Articles from Experience Investor
Two great articles from success property investor...
Earning passive income of RM15,000-RM20,000 per months. Gosh...I will retire if I achieve this today :D
The mindset of a property millionaire - StarProperty.my
Retire in five years by having RM3 million in good property loans - StarProperty.my
However seem like the success can only materialize if invest in commercial property. Double the purchase price in 2-3 years?
Have thought about this many times, but the entry cost to this is very high. And ability to get loan is also a challenge. So how can workers like me enter into this "market"?
Good news is, I saw some residential property achieve 100% return in 3 years time also :) I means selling price double the purchase price. And bad news is, I am not owning any of these great property. Shxx. Will share this painful experience some other times....
Earning passive income of RM15,000-RM20,000 per months. Gosh...I will retire if I achieve this today :D
The mindset of a property millionaire - StarProperty.my
Retire in five years by having RM3 million in good property loans - StarProperty.my
However seem like the success can only materialize if invest in commercial property. Double the purchase price in 2-3 years?
Have thought about this many times, but the entry cost to this is very high. And ability to get loan is also a challenge. So how can workers like me enter into this "market"?
Good news is, I saw some residential property achieve 100% return in 3 years time also :) I means selling price double the purchase price. And bad news is, I am not owning any of these great property. Shxx. Will share this painful experience some other times....
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