Archive for August 2023

Isn’t having additional space always a wonderful thing? No, not exactly. What you gain by investing in a larger property will come with a lot of additional charges that you may not have considered previously, such as higher maintenance fees for additional square footage. Although most of us will eventually outgrow our homes as our…

One of the most common challenges that consumers have when intending to sell their house is establishing the selling price. As a result, customers are less likely to follow through on their selling decisions because they are concerned about underselling their property. Performing a property valuation check in Malaysia is not an easy task, especially…

The local property sector market is gradually gaining a steady footing, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda) survey, which revealed that respondents (property developers) had a neutral view of the business and property industry outlook for the second half of 2023 (2H23). Rehda president Datuk N.K. Tong said the end…

Malaysian property transactions declined in the first quarter of this year, owing to a hike in the overnight policy rate (OPR) to 3% effective May 20, 2022, which has impacted the local property market, particularly residential demand. Based on the National Property Information Centre’s (Napic) data, more than 89,000 transactions worth RM42.31 billion were recorded…

Many people like to have their own place to live. However, acquiring your first home is not only the most exciting investment you will ever make in your life; the process also takes a significant financial commitment, and one bad decision might be fatal to your finances. On the other hand, unless you are a…