Affordability of homes? It’s an issue EVERYWHERE.
A friend said that homes in Malaysia are getting way too expensive and soon no one could even afford one. I told him that every year we continue to have huge numbers of transactions running in hundreds of thousands. He questioned, ‘Then why unsold properties are so high?’ (Earlier article here) I replied, ‘let’s just … Read moreAffordability of homes? It’s an issue EVERYWHERE.
S P Setia, Sime Darby Property sells. EPF-PNB buys. RM8.35 billion of Battersea.
This could be considered a friendly transaction. Malaysian companies to Malaysian funds. S P Setia Bhd and Sime Darby Property Bhd will be selling the phase two commercial assets of the Battersea Power Station to Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB), in a deal worth £1.58bil (RM8.35bil). The transaction is expected to be … Read moreS P Setia, Sime Darby Property sells. EPF-PNB buys. RM8.35 billion of Battersea.
When average monthly rental reaches RM10,629 per month.
Nope, definitely not in Malaysia. It’s £2,000 per month in London. Here’s that report in homeandproperty.co.uk I know, suddenly everyone wants to tell me that I should compare apple to apple. Londoners are earning £, so surely they have no issues in paying for the £2,000. Noted. The average salary for people working in London as at 2017 … Read moreWhen average monthly rental reaches RM10,629 per month.
Brexit: Good or bad for London property market?
You know, with experts, there’s always two sides, at least. Many times, multiple sides which explains why even for properties or cars, there are no such thing as the ‘perfect’ one. I am against Brexit. Remember Brexit? Yeah, the exit of Britain from European Union (EU). I think it will be bad for London because … Read moreBrexit: Good or bad for London property market?
When over 30 percent homeowners reduce selling price?
It is usually alarming when we read some property related article telling us that the homeowners are slashing their selling price just to sell. What if this is compounded by revelation that the total homeowners who are reducing their selling prices are over 30 percent of all sellers? According to property website Zoopla, UK homeowners … Read moreWhen over 30 percent homeowners reduce selling price?