What is the difference between freehold and leasehold land, anyway? In this article, we look at what factors you should take into consideration when buying a house. Oftentimes when people talk about purchasing a property, they would think only about the physical house – should they buy a landed home or a high rise unit such as a condominium or...
Planning to sell off your home or thinking of purchasing a subsale property? Read up on property valuation first to get the biggest bang out of your buck. In Malaysia, a property/home valuation can be defined as an exercise which is carried out to determine the current market value or selling price of your property. It is done by a...
For most people, one of the first steps of owning a home is to apply for a loan. To increase your chances of approval, the wise thing to do is to get a CTOS report and make yourself familiar with your credit score. 1. What is CTOS? The CTOS Data Systems Sdn Bhd (CTOS) is one of Malaysia’s leading Credit...
Coming in a very close second, the runner up for the heart of the home goes to – drum roll – the master bedroom. You spend one-third of your life sleeping, which is why you should design a space that does not only reflect your personality but also stylish enough to last for years. From incorporating throw pillows to selecting...
Are you renovating your house soon? Here are some basic feng shui rules you should apply before you start your house renovation. There is no such thing as a perfect home, so it is common for homeowners to do some home renovations to improve the interior environment before moving in. A key concern in Feng Shui is the energy flow...
Malaysia’s property market is still dealing with the effects of the Covid-19 pandemic in the third quarter of 2020 (Q3 2020), said property site, PropertyGuru Malaysia. Its Malaysia Property Market Index (MPMI) report has revealed a downward trend in asking prices across all four key markets of Kuala Lumpur, Selangor, Penang and Johor. “Overall, property asking prices in Malaysia dropped...
When a developer fails to deliver a property in accordance with the promised timeline, you have the right to seek legal recourse based on a clause in your Sale and Purchase Agreement. Especially with the COVID 19’s Movement Control Order affecting many businesses and industries, buyers of new launch properties might find that they would not be receiving their home...
Houses in Malaysia are getting more and more “expensive”. This has been re-litigated for years, especially in the past decade, as homeownership became more and more out of reach for the younger generation. High property price is often blamed upon “profit-seeking” developers who are in favor of building overpriced houses and eventually causing a high number of overhangs in the...
The newly released HIS report by the Department of Statistics Malaysia sheds some light upon the overhang and oversupply issue that is currently plaguing the local property market. Overhang and oversupply are two very different terms. Simply speaking, overhang (or unsold units) is a cyclical problem due mainly to the unmet housing demand in association with the varying economic performance, housing preferences, market sentiment, credit accessibility and so...
The tiles you choose for your home is equally important to that paint job you are planning for the makeover, if not, more so. Whether it be the tiles for the floor or the walls, your choice is important as you will be living with that decision for a long time. Unless you are planning to go through the hassle...
Every year has its defining moments – in 2020 – it would have been the Olympics, Brexit, the 36th ASEAN Summit, the long-awaited release of Marvel Studio’s Black Widow movie… the list goes on. The last six months, however, have shown us that what we plan for ourselves is not always what life has planned for us. The Covid-19 pandemic...
PUTRAJAYA: The Malaysian property sector, which saw a slight increase in the level of residential overhang in the first half of the year, is expected to remain soft for the remainder of 2020 in light of the economic uncertainties created by the global Covid-19 pandemic. The National Property Information Centre (Napic), in its report on the Malaysian property market for...