THE PERCEPTIONS AND REALITIES OF PROPERTY INVESTMENT

When we speak about property investments today, the general assumption is that it is a GET RICH QUICK SCHEME. The true essence of investing in properties has been blurred with many seeking to make quick profits where properties are treated like commodities rather than an appreciating asset. In good times, properties are traded or resold …

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2016 will be the worst year for Malaysian property, says expert

Investment guru Datuk Gavin Tee expects 2016 to be the worst year for Malaysian property on the back of weaker economic growth, loss of pricing power and subdued financing, reported The Malaysian Reserve. 2015 was bad, and 2016 will be worse, said Tee, founder and President of SwhengTee International Real Estate Investors Club, at a …

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Hong Kong apartment sells for record $76.7 mn

HONG KONG (AFP) – A luxury apartment in Hong Kong sold for a record HK$594.7 million ($76.7 million), days before Christmas, making it the most expensive flat in the city and possibly in Asia, reports said Friday. An unidentified buyer paid more than HK$103,700 per-square-foot for the 5,732 square-foot (532 square-metre) unit at the luxury …

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