Property
Owning rental property is a tough business. Here are 10 things you should consider before investing in an income property. First is the neighborhood. Its quality will influence the types of tenants you’ll attract, and how often you’ll face vacancies. A property near a university will mean student tenants, and regular vacancies. Next are the … Read more
“What I foresee is luxury project developers gearing up with more attractive packages or marketing campaigns aimed at attracting foreign investors in the coming months” The Malaysian property market in general, particularly Iskandar, is going through a difficult cooling period right now. This is partly due to the launching of many luxury residential apartments, tightened … Read more
Even with the challenging headwinds ahead, independent economist Lee Heng Guie believes that the medium-term prospects of the Malaysian property market are still promising, reported The Star. And while property prices may ease further, he does expect prices to drop significantly. “This is because Malaysia is not heading for an economic recession,” said Lee during a … Read more