Author name: Admin Property Empire

Is owning a house in KL and Penang beyond most people’s reach?

DATUK Charon Mokhzani says it is “funny” how when someone wants to invest in the stock market there is heaps of data about what exactly happened in the past and the prediction for the future but the same cannot be said about housing. “When you want make a huge investment in a house, you don’t …

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Luxury condo market to remain subdued

AN oversupply situation, as well as cautious buyer sentiment will see the luxury condominium segment remain subdued for the rest of the year. According to Savills Malaysia’s latest Asian Cities report, there were 21,069 luxury residential units priced above RM800 per sq ft in Kuala Lumpur as of end-2014. This represents a 21% increase year-on-year. …

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PR1MA Launches Rent-To-Own Programme To Assist Potential Homeowners

The 1Malaysia People’s Housing (PR1MA) Corporation has introduced its “Rent-to-Own’ (RTO) scheme, a solution for Pr1ma home-buyers who are not eligible for housing loans. CEO Datuk Abdul Muttalib Alias said RTO allows potential home-buyers with poor credit ratings to lease the house for up to 10 years. This is to help the buyers to build …

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Malaysia: hottest spots for property investing

Following the 2008 financial crisis, Malaysia has re-emerged as one of the hottest spots for property investing. Here are a few surprises about our country’s real estate market: Malaysia ranks 9th as the hottest real estate market in the world In 2012, globally influential real estate consultancy Knight Frank put together their list of the …

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12 Home Buying Tips From Real Estate Agents In Malaysia (Part 2)

6) Start small and aim big later Buying a house is your first step to building your financial net worth. However, before you look for one, it is worth doing some research on the type of property and location that match your financial capability. It is a long term commitment; it makes sense to start …

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