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Showing posts from April, 2012

Tough year for Malaysian property market: DTZ

Cautious sentiments due to an anticipated economic slowdown have resulted in a generally subdued real estate market which is expected to face a tough year ahead, according to DTZ Research. It stated that Malaysia's investment activities experienced a slow start this year, with volumes in the first quarter falling to RM427.5 million. "However, the decline does not reflect waning investors' interest for good assets as dismal market conditions in Europe diverted attention to Malaysia and the region, leading to an increase in enquiries," said the property services company . "New real estate investment trust (REIT) listings in the pipeline are also expected to give investment activity a boost in the later part of the year." The group noted that the largest transaction recorded in the first quarter was the IGB Bhd's purchase of a 50 percent share in the holding company of Renaissance Hotel. Meanwhile, the tougher regulations on personal lo

How to finance your real estate investment for maximum return?

When you want to take up a loan for your real estate investment, you may be confused by different loan packages offered to you. However, the 3 major factors that will affect the return of your investment are loan amount, tenure and interest rate. Making decision to finance your real estate investment through a mortgage loan can be as simple as answering the following 3 questions. How much should I finance? If your real estate investment is worth borrowing, go for the maximum loan amount available to you; otherwise do not borrow to invest. If a real estate investment is worth borrowing, the more you borrow, the higher the return, and the sooner you will take back all your capital. See our previous article “ Why you want to take up a loan for your real estate investment? ” for such real case in Johor Bahru. (If you’re not already a subscriber to Real Estate Investment in Johor Bahru, enter your email address in the box beside this article and subscribe to receive our

Consultants doubt pros of floor price hike for foreigners

The move to increase floor prices for residential properties bought by foreigners may not be a good idea, according to some property consultants. They said the proposed policy will not affect the surging prices of ordinary homes, rather, it could discourage foreigners who are interested in investing or working in Malaysia. Datuk Abdul Rahim Rahman, Executive Chairman at property consultancy firm Rahim & Co, noted that the country needs foreigners in its work force in order to become a high-income nation by 2020. "Such a move would reduce the number of residential property purchases by foreigners. Personally, I do not think that foreign purchases have contributed very much to the rise in prices of ordinary homes although it did affect the prices of luxury homes or apartments in the KLCC area, initially," he said at the 22nd National Real Estate Convention. According to Choy Yue Kwong, President of the PEPS, many foreigners find it hard to acquire hom

Melaka Tengah Property Land For Sale

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Melaka Tengah,Bukit Katil, 259.5 Hectare 1 Hectare = 2.47105381 Acres. 1 arce =  66 feet × 660 feet (43,560 square feet) Total = 641.23846 Acres = 27932347.32704 sqfoot Property Type: Commercial Land - 99 years SALE RM - Welcome to contact us: Property Consultant: Mrs.Yeo Mobile No.0137216386

Bandar Melaka, Property For Sale

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MAHKOTA SQUARE, 3RD FLOOR only, AT JALAN PM9, MELAKA RENOVATION. KITCHEN CABINET; CERAMIC FLOOR; ROOM WITH CEILING FAN; BATHROOM. PROPERTY TYPE: LEASEHOLD SIZE: 22'X60' SALE: RM170K(NEG) WELCOME TO CONTACT: PROPERTY CONSULTANT: KELVIN YEO MOBILE NO.: 012-7098632 MS.IRENE - MOBILE NO.:016-6932075

Mid Valley at Johor Bahru

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News 29 March 2012 IGB Corp Bhd and Selia Pantai Sdn Bhd will jointly develop the Mid Valley City-type mixed project in Johor Bahru, known as ‘Mid Valley Johor'. According to a report by the Business Times Malaysia, the project is the second City-type development for IGB and is the group's maiden foray in the state. "Tentatively, the project will have a gross development cost of RM2 billion to RM3 billion. It took us 15 years to get Mid Valley City to what it is today. Hopefully, it will take us only half that time with the Johor project," said Robert CM Tan, Group Managing Director of IGB Corp. However, there are still some issues that need to be addressed like land matters and finalising its development plan, which still requires approval, he said. "We have not finalised the planning of the project. We will undertake a study to identify the best components. Right now, we plan to build a 1.5 million sq ft mall, either one or two hotels, high-end residences

Taman Sri Tebrau Property For Sale

Semi D, Taman Sri Terbau. Property Type: Semi D Tenture: Freehold Area: TBC Sale: RM1.3M Neg To CIQ - 2km To Leisure Mall, Pelangi - 1.5km To Plaza Pelangi - ard 5km Shop- 1.5km Near Drive Golf Range  Semi D, Taman Sri Terbau. Property Type: Semi D Tenture: Freehold Area: TBC Sale: RM1.3M Neg To CIQ - 2km To Leisure Mall, Pelangi - 1.5km To Plaza Pelangi - ard 5km Shop- 1.5km Near Drive Golf Range  Semi D, Taman Sri Terbau. Property Type: Semi D Tenture: Freehold Area: TBC Sale: RM580k Neg To CIQ - 2km To Leisure Mall, Pelangi - 1.5km To Plaza Pelangi - ard 5km Shop- 1.5km Near Drive Golf Range  Bungalow House, Tmn Sri Terbau. Property Type: Bungalow Tenture: Freehold Non Bumi Sale: 8xxk Neg, pls offer Welcome to contact us, Property Consultant: Mrs.Yeo Mobile No.:013 7216386 2 units x Semi D Link for Sale, Taman Seri Terbau Property Type: Semi D (Corner lot) Tenture: Freehold Non Bumi - Convert to Commercial Total Sale: RM4.25M Land Area: 9600 sqft Tenant Occupied. Wel

Foreign buyers may pay double for houses soon

Foreign buyers may pay double for houses soon In an effort to control the rise in property prices, the government is mulling to increase the minimum floor prices for houses that may be bought by foreigners , from the current RM500,000 to RM1 million. Sources said that the move would likely be implemented by the economic planning unit (EPU) under the Prime Minister's Department, currently led by Minister Tan Sri Nor Mohamed Yakcop (pictured) . "From what I understand, these revised guidelines have been discussed at the ministerial level and should this be enforced, it will mean that foreigners will only be allowed to buy properties priced above RM1 million. For now, the base price is set at RM500,000 for foreigners. This base price is a bit low looking at present circumstances," a source noted. He added that the current trend seen across the property market shows that prices "are still continuing to climb despite measures by Bank Negara to curb

House / Shop For Sale :Taman Pelangi

Looking for House / Shop at Taman Pelangi, Property Type: Single Storey, Double Storey, Semi D Property Type: Shop Welcome to contact us, Property Consultant: Kelvin Yeo Mobile No.:012 7098632 website: www.propwall.my/kelvinyeo