https://www.rapidpropertyconnect.com/categories/property/ Recent content in Property on RPC Hugo -- gohugo.io en-us Fri, 20 Sep 2024 08:00:00 +0800 https://www.rapidpropertyconnect.com/is-cambodia-condo-market-sustainable-for-local-buyers/ Fri, 20 Sep 2024 08:00:00 +0800 https://www.rapidpropertyconnect.com/is-cambodia-condo-market-sustainable-for-local-buyers/ TL;DR Majority Cambodians are earning $1,000 per month; Rental in Phnom Penh is higher than average salary earner; Condo might not work in Cambodia because locals are favouring shophouses or landed houses; For foreign investors, try to invest in properties that have the most local base. Cities all around the world play important role in stimulating the economy in a country. According to Oxford Economics, in 2023, the 1,000 largest cities in the world accounted for 60% of global GDP. https://www.rapidpropertyconnect.com/malaysia-my-second-home-mm2h-2024-update/ Fri, 23 Aug 2024 12:00:00 +0800 https://www.rapidpropertyconnect.com/malaysia-my-second-home-mm2h-2024-update/ TL;DR New MM2H provides three tiers Platinum, Gold & Silver; New requirement to buy real estate which is compulsory; Fixed deposit requirement increased; Exactly three years ago I shared a comparison of existing MM2H with newly proposed MM2H requirement in 2021. You can check out the previous MM2H post here. Instead of comparing the proposed requirement back in 2021, let’s forget about those as they are irrelevant now. Discover more topics via spotify. https://www.rapidpropertyconnect.com/echoes-of-2008-unraveling-the-myths-of-malaysias-stagnant-property-scene/ Tue, 10 Oct 2023 08:58:49 +0000 https://www.rapidpropertyconnect.com/echoes-of-2008-unraveling-the-myths-of-malaysias-stagnant-property-scene/ TL;DR As of Sept 2023, the total approved loan value exceeds RM29B; The loan approval rate for 2023 (Q3) is 56% exceeding property peak in 2013; People are still buying properties with supply for unsold properties reducing; High rise properties with the price below RM600,000 is the most transacted. Since the pandemic outbreak, we still feel that the general market is not fully recovered yet. Many sectors are still feeling the pinch and consumers are feeling the pressure of rising cost of living. https://www.rapidpropertyconnect.com/the-great-kl-room-partitioning-ban-whos-the-real-loser-here/ Tue, 29 Aug 2023 09:08:25 +0000 https://www.rapidpropertyconnect.com/the-great-kl-room-partitioning-ban-whos-the-real-loser-here/ TL;DR Kuala Lumpur has banned room partitioning in properties due to concerns about living conditions. The trend emerged from high rental costs in the city, forcing tenants to opt for cheaper, partitioned spaces. While the ban aims to address these subpar living conditions, it doesn’t tackle the root problem: the lack of affordable housing in KL. The debate continues on who suffers more from this ban – landlords or tenants. https://www.rapidpropertyconnect.com/should-i-invest-in-property-now-yes-new-opinion/ Mon, 20 Sep 2021 09:00:01 +0000 https://www.rapidpropertyconnect.com/should-i-invest-in-property-now-yes-new-opinion/ This question ‘Should I invest in Property Now’; has been asked countless times. Of course, we can’t blame people because the market sentiment is on the lowest since last year. In fact, I personally don’t think the market will recover by year end which I covered in previous blog. You can read about the post - Malaysia Property Market 2021 Set For Year-End Bounce? A Bit Optimistic When the market is not recovering anytime soon, it means we (investors) have more time to get more good deals in the market. https://www.rapidpropertyconnect.com/is-mm2h-still-worth-to-explore/ Mon, 23 Aug 2021 09:00:24 +0000 https://www.rapidpropertyconnect.com/is-mm2h-still-worth-to-explore/ Last week there was a good news released especially for for foreign investors. The good news is that the government is re-opening application for Malaysia My Second Home (MM2H) starting this October 2021. The bad news is the requirement for MM2H application has changed. A big one. First let us understand what is MM2H anyway. The Malaysia My Second Home (MM2H) is a programme promoted by the Malaysia Tourism Authority and the Immigration Department of Malaysia, to allow foreigners to stay in Malaysia for a period of ten years. https://www.rapidpropertyconnect.com/subsale-property-market-in-2021/ Mon, 16 Aug 2021 09:00:25 +0000 https://www.rapidpropertyconnect.com/subsale-property-market-in-2021/ There are three types of property market in Malaysia. The first is primary market. This is new launched developers’ projects. Second is subsale property which is secondary market. This is where you buy the property from existing owners. The third is auction property, which we vaguely referred as tertiary market. If you followed me long enough, I have been advocating investing in subsale property. There are many reasons why I tend to invest in subsale properties. https://www.rapidpropertyconnect.com/what-is-commercial-property/ Mon, 09 Aug 2021 09:00:13 +0000 https://www.rapidpropertyconnect.com/what-is-commercial-property/ Commercial properties are usually more lucrative and higher return than residential properties. They generate more money for their owners and can have less of a hassle with the upkeep. People who live in an area will often prefer a commercial property over one that is residential. This is because they have much less to do with the upkeep of the property, which can be a full-time job when it comes to residential properties. https://www.rapidpropertyconnect.com/zero-deposit-scheme-for-your-investment-property/ Mon, 26 Jul 2021 19:17:56 +0000 https://www.rapidpropertyconnect.com/zero-deposit-scheme-for-your-investment-property/ The pandemic outbreak causes tourism industry to collapsed. Many businesses in this industry hit the most. The same is happening to short-term property owners. Unable to get any bookings, the short-term property owners switched to long-term rentals. However, switching to long-term rental is not as easy as the owners thought. Not only the owners need to collect monthly rentals, they also need risk damages to the contents in the property too. https://www.rapidpropertyconnect.com/what-is-due-diligence-in-real-estate/ Mon, 19 Jul 2021 10:00:27 +0000 https://www.rapidpropertyconnect.com/what-is-due-diligence-in-real-estate/ What is due diligence in real estate? Due diligence is part of a process in acquiring property. Each of the stakeholders will conduct their own due diligence. For example the solicitor will conduct due diligence (when the solicitor is representing us) on the vendor when we are buying the property. Solicitor will usually check if the owner is the rightful owner, any pending bankruptcy, any bank loan attached the property etc. https://www.rapidpropertyconnect.com/malaysia-property-market-2021-set-for-year-end-bounce-a-bit-optimistic/ Mon, 12 Jul 2021 10:00:35 +0000 https://www.rapidpropertyconnect.com/malaysia-property-market-2021-set-for-year-end-bounce-a-bit-optimistic/ Exactly two days ago, The Star released a news article on Malaysia property market 2021 is set for year end bounce, which I personally think that it is a little bit optimistic. I’ve been talking about this for the longest time that property is the biggest ticket item to purchase in their lives in majority of people. Thus, financing is inevitable. And in fact, it is a norm to get financing from the banks. https://www.rapidpropertyconnect.com/how-covid-19-pandemic-impact-on-property-market-in-malaysia-2021-2023/ Mon, 05 Jul 2021 10:00:34 +0000 https://www.rapidpropertyconnect.com/how-covid-19-pandemic-impact-on-property-market-in-malaysia-2021-2023/ This could be the only time that I experienced a pandemic. And I really hope that this is the last. A disease outbreak is not common at global scale. The most we have seen is regional such as SARS outbreak in 2002. When it comes to pandemic outbreak, I would say that most world leaders never seen it or experience first hand. Thus, this explains why we are having hard time to fight against the Covid-19 virus. https://www.rapidpropertyconnect.com/what-is-fractional-ownership-relationship-between-aircraft-and-property/ Mon, 28 Jun 2021 10:00:49 +0000 https://www.rapidpropertyconnect.com/what-is-fractional-ownership-relationship-between-aircraft-and-property/ This is something rather interesting as how is it possible for aircraft to have any relationship with real estate? First we have to understand what is fractional ownership. By definition, it means you get to own partial of any property by purchasing a number of shares offered by a company. The history of fractional ownership as described in Wikipedia as follow; The term fractional ownership originally became popular for business jets. https://www.rapidpropertyconnect.com/real-estate-vocabulary-jargon-you-need-to-know-in-property/ Mon, 21 Jun 2021 10:00:26 +0000 https://www.rapidpropertyconnect.com/real-estate-vocabulary-jargon-you-need-to-know-in-property/ In any other industry, there will be jargon that only people that work within particular industry would know. Here I would like to share the common jargon in real estate (property). Depending on where you are, real estate and property are interchangeable. So there you go, the very first jargon is property. It is technically the same meaning as real estate but the ‘real estate’ is more specific to land or building while property can be more than just land or buildings. https://www.rapidpropertyconnect.com/how-to-calculate-roi-on-rental-property/ Mon, 14 Jun 2021 10:00:18 +0000 https://www.rapidpropertyconnect.com/how-to-calculate-roi-on-rental-property/ How the wealthy grow their wealth is through investment. The wealthy also well aware that by saving alone won’t reach their financial goal. The topic about investment is very broad. Though the definition for investment in Google search return as the action or process of investing money for profit. I can only partially agree with this definition as investment can be in the form of time, money, effort, knowledge etc. However, when it comes to an investment that related to money, has to be measurable. https://www.rapidpropertyconnect.com/why-invest-in-real-estate-especially-in-malaysia/ Mon, 31 May 2021 10:00:59 +0000 https://www.rapidpropertyconnect.com/why-invest-in-real-estate-especially-in-malaysia/ Wealth building requires time. Those with small capital can always start by investing in conventional investment such as stocks and mutual fund. But eventually, you need to build your wealth via alternative investment such as real property and businesses alike. From what I see, real property is one of the best investments out there. In this article, I’m going to share my personal view on why invest in real estate especially in Malaysia. https://www.rapidpropertyconnect.com/what-is-property-valuation/ Mon, 24 May 2021 10:00:45 +0000 https://www.rapidpropertyconnect.com/what-is-property-valuation/ We always hear the word valuation when it comes to investing properties particularly in subsale. So what is this property valuation anyway? In this article I will share the purpose, the elements, processes and typical content in a valuation report. Property valuation can be defined as a process of estimating property value for a certain purpose, at a certain time based on the property’s characteristics by taking into account all the factors that can affect property value. https://www.rapidpropertyconnect.com/what-to-invest-with-10k-in-malaysia/ Mon, 17 May 2021 10:00:02 +0000 https://www.rapidpropertyconnect.com/what-to-invest-with-10k-in-malaysia/ When you have some spare cash sitting in bank without doing anything for you, then perhaps it is time to look into what you can do with the money. Of course, when you reach RPC blog you know that it is definitely about investment. We preach heavily on investing your money as soon as you can so that you will be able to grow your wealth. Now let’s try with small amount of capital that is reasonable that many people can invest. https://www.rapidpropertyconnect.com/condo-vs-house-investment/ Mon, 12 Apr 2021 10:00:24 +0000 https://www.rapidpropertyconnect.com/condo-vs-house-investment/ One of the frequently asked questions is which one should you buy - a condo vs house investment? Well, it’s really depends on what you want to achieve over long period of time. Before we dive into the comparison between both type of properties, let us understand the reasons why we need to invest in the first place. You see, we need to invest our money at one point in our lives. https://www.rapidpropertyconnect.com/how-to-invest-in-rental-property/ Mon, 29 Mar 2021 10:00:11 +0000 https://www.rapidpropertyconnect.com/how-to-invest-in-rental-property/ The decision to invest in rental property is an important one. The first step in getting started is to choose the right property which will generate a sufficient amount of income for you while also requiring as little maintenance and upkeep as possible. Ideally, it is best to develop a list which you can take with you when you begin the process of shopping around for the right rental property. This list will help to keep you on track and focused on what you should look for as well as what you should steer away from. https://www.rapidpropertyconnect.com/global-pandemic-real-estate/ Thu, 22 Oct 2020 15:42:56 +0000 https://www.rapidpropertyconnect.com/global-pandemic-real-estate/ Real estate has been regarded as one of the safest investments for quite some time. Despite the relative safety of real estate investments; however, there remains the possibility that the real estate market can fall like any other investment. The current global pandemic makes the whole situation worst. Over the long term, real estate still remains relatively safe simply due to the fact that the population of the world continues to increase while land is a limited resource. https://www.rapidpropertyconnect.com/start-investing-property-in-2020/ Tue, 28 Jan 2020 00:16:47 +0000 https://www.rapidpropertyconnect.com/start-investing-property-in-2020/ If you are still wondering whether you should start investing property in 2020 , I strongly suggest you don’t thinking anymore and start taking the action to invest now. There could be never better time to invest. Just like stock market, there are many indicators which tell us that it is the right time to invest. For now we are not going to cover how to look for properties to invest. https://www.rapidpropertyconnect.com/where-are-we-in-the-real-estate-cycle-2020/ Mon, 13 Aug 2018 12:25:40 +0000 https://www.rapidpropertyconnect.com/where-are-we-in-the-real-estate-cycle-2020/ So we’ve learnt that property is cyclical, and looked at the four stages it goes through during each cycle. All very interesting, but how can we use this to invest more successfully? The thing is that how do we know where are we in the real estate cycle 2020? Another question is do you know where the cycle in Malaysia starts? The starting point for Malaysia 18-year property cycle is indicated in my book based on past data. https://www.rapidpropertyconnect.com/understanding-18-year-property-cycle-malaysia/ Tue, 31 Jul 2018 21:06:09 +0000 https://www.rapidpropertyconnect.com/understanding-18-year-property-cycle-malaysia/ Let’s start with a big claim: I believe that the 18-year property cycle is one of the most powerful concepts you can know about as a property investor. That is why understanding the 18 year property cycle in Malaysia is very important. CHECK OUT MY BOOK My book was written in 2014 and published in early 2015. When this book was published, Malaysia 18-year property cycle based on the data collected in Malaysia, has not reached its full cycle. https://www.rapidpropertyconnect.com/commercial-real-estate-big-profits/ Wed, 25 Jul 2018 15:16:02 +0000 https://www.rapidpropertyconnect.com/commercial-real-estate-big-profits/ Real estate is often termed as the safest investment avenue. In fact, real estate investments done with proper evaluation of the property (and its true value), can lead to good profits. This is one reason why some people pursue real estate investment as their full time job. The talks of real estate are generally focussed towards residential real estate; commercial real estate seems to take a back seat. However, commercial real estate too is a good option for investing in real estate. https://www.rapidpropertyconnect.com/will-blockchain-technology-change-future-real-estate-industry-malaysia/ Tue, 03 Jul 2018 11:40:44 +0000 https://www.rapidpropertyconnect.com/will-blockchain-technology-change-future-real-estate-industry-malaysia/ Before we dive into blockchain influence in real estate, let us look at bigger picture. Property is the largest asset class in the world i.e. $228 trillion in 2017. This consist of $168.5 trillion in residential real estate and $32.3 trillion in commercial real estate and $27.2 trillion in agricultural land and forestry. THE STATE OF REAL ESTATE IN THE WORLD Most people agree real estate investment is a lucrative way to earn a living, but see it as a difficult industry to break into, especially with all that money on the line. https://www.rapidpropertyconnect.com/changing-strategy-meet-current-market/ Fri, 16 Mar 2018 01:12:43 +0000 https://www.rapidpropertyconnect.com/changing-strategy-meet-current-market/ We often hear people complaining that there aren’t enough deals right now or no good deals or no takers around. Maybe they’re struggling with how to make money in the current market or maybe the strategy used is wrong in this current market and did not work as well as it did in the previous cycle. That led us to the question: How well do they understand your market? Most real estate markets are localized and geographic, and there can be multiple sub markets. https://www.rapidpropertyconnect.com/now-right-time-buy-property/ Thu, 07 Dec 2017 09:48:50 +0000 https://www.rapidpropertyconnect.com/now-right-time-buy-property/ Is now the right time to buy property? On Rapid Property Connect FB Page on 16 November there were two articles with differing views on the property outlook for 2018. It’s always at this time of the year i.e. year end or beginning of next year (2018) that Property Outlook seminars or talks will be held to predict the outlook for 2018. Do you remember the outlook predicted for 2017? https://www.rapidpropertyconnect.com/do-you-know-the-determinants-of-rents-and-house-prices/ Wed, 29 Nov 2017 17:06:48 +0000 https://www.rapidpropertyconnect.com/do-you-know-the-determinants-of-rents-and-house-prices/ When it comes to house prices and rent levels, everyone has an opinion. From the conversations in the market or coffee shops or dinners devoted to the subject, it’s surprising how little thought most people dedicate to why things are they way they are – and for evidence to support their assertions about what might happen next. General ideas about “not enough houses”,” greedy developers” and “greedy landlords” are often singled out – and while these play some part, the true picture is a little more complicated. https://www.rapidpropertyconnect.com/6-reasons-why-you-should-invest-in-thailand/ Fri, 08 Sep 2017 12:04:29 +0000 https://www.rapidpropertyconnect.com/6-reasons-why-you-should-invest-in-thailand/ Today, I’m going to share something that’s gotten me excited. What do you think of when Thailand comes to mind? I bet it’s travel and vacation related. But these days, travelling to Thailand is no longer limited to shopping, tourism or relaxation purpose only. The country is now fast growing its economy and inviting expats to make investments in various business segments. The Thai government has always believed in the free and open economy and is acknowledged for its clarity in dealing with foreign investors. https://www.rapidpropertyconnect.com/the-4-types-of-property-investor-look-for/ Wed, 03 May 2017 00:11:32 +0000 https://www.rapidpropertyconnect.com/the-4-types-of-property-investor-look-for/ Property investors can generally fall into two categories i.e. a specialist or a generalist. Specialist investors focus on one particular locality – and most have a preference for either houses or flats, for example. In fact, the most successful investors I know buy the exact same type of property over and over again – because that way it’s easiest to get the numbers right and be sure about the demand. https://www.rapidpropertyconnect.com/does-doubling-up-property-strategy-works/ Thu, 16 Mar 2017 11:50:30 +0000 https://www.rapidpropertyconnect.com/does-doubling-up-property-strategy-works/ Doubling up - an interesting property investment strategy I’ve seen mentioned in a few different places. The doubling up idea means buying twice as many properties as you want to end up with, then gradually selling off half. The doubling up idea works like this… Let’s imagine you want to end up owning five properties – mortgage free – for your retirement. Instead of starting by buying five and trying to pay the mortgages down, with this doubling up model you’d buy 10 properties and let the mortgages run. https://www.rapidpropertyconnect.com/is-there-really-a-down-time-of-the-year-for-real-estate/ Mon, 06 Mar 2017 17:18:13 +0000 https://www.rapidpropertyconnect.com/is-there-really-a-down-time-of-the-year-for-real-estate/ I wanted to share some insight and thoughts from a group of property investors and agents on whether or not there is a down time of the year for real estate. I think the question is an interesting one. While market in general may rise or fall, seasoned investors can benefit in any market. Here are some great thoughts to consider: Is There a Real Estate Off-Season? Samuel – By learning everything you can about Real Estate you will flourish, such as foreclosures, creative financing, below market deals, bulk purchase etc. https://www.rapidpropertyconnect.com/has-the-housing-bubble-burst-completely-or-yet-to-burst/ Mon, 13 Feb 2017 17:48:41 +0000 https://www.rapidpropertyconnect.com/has-the-housing-bubble-burst-completely-or-yet-to-burst/ The funny thing about bubbles is that sooner or later they burst. After having survived the 1997 crisis as each of us has watched the housing bubble burst in most parts of the country and deflate everywhere else, we are being told that the worst is over. We can come out of hiding and start to resume normal activity. Hmmmm… I’m not buying it! Consider the charts below, that reflects that housing prices in general still have a way to travel, downward https://www.rapidpropertyconnect.com/are-we-about-to-see-a-buyers-market-or-a-rebound-in-the-market/ Wed, 18 Jan 2017 15:08:01 +0000 https://www.rapidpropertyconnect.com/are-we-about-to-see-a-buyers-market-or-a-rebound-in-the-market/ Since the start of Year 2017, we see so many conflicting predictions as seen from the many headlines in the local dailies of where the market will be for 2017 and beyond. Depending on whose perspective they are coming from i.e. developers’ or buyer or seller’s, their predictions may seem biased to some. So what do you see of the market? Let’s review the property from a neutral basis based on facts. https://www.rapidpropertyconnect.com/thoughts-for-an-uncertain-property-market/ Wed, 19 Oct 2016 00:01:39 +0000 https://www.rapidpropertyconnect.com/thoughts-for-an-uncertain-property-market/ To say that the property market is uncertain would be the understatement of the century. Are we near the bottom, or are we expecting more significant declines? We now see properties for sale with advertisements touting 10%, 20%, 30% or more below market. But what is the market, and how can we possibly determine fair market value? There is a common thread that runs through all investment markets, be it the stock market, bond market, commodities market and real estate market. https://www.rapidpropertyconnect.com/calculating-property-rental-returns-did-you-make-these-2-biggest-mistakes/ Wed, 21 Sep 2016 00:01:40 +0000 https://www.rapidpropertyconnect.com/calculating-property-rental-returns-did-you-make-these-2-biggest-mistakes/ You should avoid these mistakes when calculating the projected rental returns on an investment and should also be on the lookout for anyone else who is making these mistakes when they sell you a property purportedly a great investment. Using Estimates Instead of Actual Numbers. There are actually three different ways I see people using estimations when trying to project returns on an investment property. Related - How to Calculate ROI on Rental Property https://www.rapidpropertyconnect.com/four-useful-guides-to-picking-a-winning-investment-property-for-buy-and-hold-rental-properties/ Thu, 04 Aug 2016 11:19:16 +0000 https://www.rapidpropertyconnect.com/four-useful-guides-to-picking-a-winning-investment-property-for-buy-and-hold-rental-properties/ Much as we would like to stay objective in our investment dealings, we tend to gets emotional and we can fall sway to charms of owning a property in an area we love or maybe you have always wanted to own a property in that area, at that specific price. It looks perfect. Something about it just pulls you in, and you want to put in your portfolio. You have to make it yours – your dream property fulfilled. https://www.rapidpropertyconnect.com/property-investment-location/ Wed, 13 Jul 2016 00:01:23 +0000 https://www.rapidpropertyconnect.com/property-investment-location/ Where are the best property investment locations? If you have enough experience investing in property, you can make money almost anywhere, but there are always places that are better or worse for property investments. For maximum profits, you want places that have a better demand/supply ratio. You can use the points below to identify the locations. The Demand Does the area have decent job growth? Ideally, you want to see job growth equal to or exceeding population growth. https://www.rapidpropertyconnect.com/time-to-buy-low-and-hold-on/ Sat, 25 Jun 2016 00:01:08 +0000 https://www.rapidpropertyconnect.com/time-to-buy-low-and-hold-on/ The residential real estate market has pretty much bottomed out and has created a domino effect on the rest of the economy. Look for a full blow recession soon as when the real estate market collapses, so does the rest of the economy. This does not mean that you should not be investing in real estate. Real estate is always a viable investment. A real estate recession is an excuse to buy low and hold on tight until the market rebounds. https://www.rapidpropertyconnect.com/6-tips-on-flipping-a-house/ Tue, 07 Jun 2016 19:57:01 +0000 https://www.rapidpropertyconnect.com/6-tips-on-flipping-a-house/ While many people have very specific dreams of enjoying the bountiful profits that can be made from flipping houses, very few people put too terribly much thought into the process or any formulas that might be pertinent to success when it comes to flipping houses as a property investment venture or for the sake of building a nice comfortable lifestyle or retirement. You will hear a lot about the things not to do when it comes to flipping houses but very few people take the time to mention the things you absolutely must do in order to successfully flip a house and make a fortune out of it. https://www.rapidpropertyconnect.com/when-is-the-good-time-to-flip/ Wed, 01 Jun 2016 01:06:24 +0000 https://www.rapidpropertyconnect.com/when-is-the-good-time-to-flip/ First, let’s get the term right. What is flipping properties? There are generally two types of property investors that are out there in the market. There are those that buy properties with the intention of renting it out at a good yield to get cash flow. These types of investors are called keeper. The other types are the flippers. In essences, flipping is the art of buying and selling a property with the intention of making money from the sale. https://www.rapidpropertyconnect.com/is-it-better-to-buy-or-rent/ Wed, 18 May 2016 00:01:33 +0000 https://www.rapidpropertyconnect.com/is-it-better-to-buy-or-rent/ There is always this argument - To Buy or To Rent. For long term, it is always make more sense to buy a property than to rent due to capital appreciation. Renting will only make your landlord richer! If you are financially able, it is always a good move to own a property. Renting – Advantages enting is not always bad. Renting can have a few advantages depending on the part of the country you live in. https://www.rapidpropertyconnect.com/is-property-really-oversupply-in-malaysia/ Fri, 06 May 2016 18:01:09 +0000 https://www.rapidpropertyconnect.com/is-property-really-oversupply-in-malaysia/ The oversupply of properties in Malaysia has become one of the most discussed topic in recent days. We could see newspapers, web portals and even some property experts are suggesting that the properties in Malaysia are oversupply especially in some particular sub-sectors. But is it true that the properties in Malaysia really oversupply? Not sure if anyone actually covered this before but it would be worthwhile to take an approach from different perspective. https://www.rapidpropertyconnect.com/tips-to-avoid-problem-tenants/ Tue, 19 Apr 2016 11:59:59 +0000 https://www.rapidpropertyconnect.com/tips-to-avoid-problem-tenants/ A local newspaper has published an article recently about landlords need to vet their tenants and be thorough in the tenancy agreement. As a landlord myself, I couldn’t agree more. Many landlords that I know tend to skip the most crucial step when renting out their property. Unlike overseas, tenants are to be interviewed by letting agents/ landlord themselves prior to decide whether to rent the property to the prospect or not. https://www.rapidpropertyconnect.com/10-ways-to-find-investment-properties/ Sat, 02 Apr 2016 00:20:38 +0000 https://www.rapidpropertyconnect.com/10-ways-to-find-investment-properties/ If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building? An investor that looks through the online listings websites and calls it a day, or the one that uses ten resources? Here are the ten: Talk - Let people know you are looking and sometimes the properties will come to you. https://www.rapidpropertyconnect.com/using-foreclosure-auctions-to-buy-a-property-at-below-market-value/ Fri, 25 Mar 2016 00:10:19 +0000 https://www.rapidpropertyconnect.com/using-foreclosure-auctions-to-buy-a-property-at-below-market-value/ Buying a house below market value is a good way to get more profits as a real estate investor. One way you can find property at below market value is a foreclosure auction. Real estate goes into foreclosure when an owner of that real estate does not pay their mortgage on time. When real estate payments are not up to date it is a distress property. Nothing physically can be wrong with the house and it can be classified as a distress property. https://www.rapidpropertyconnect.com/6-reasons-causing-property-prices-to-go-down/ Wed, 23 Mar 2016 00:12:38 +0000 https://www.rapidpropertyconnect.com/6-reasons-causing-property-prices-to-go-down/ There are many factors that influence the price of a property. Through time, we have seen the value of a property fluctuates. And of course, we have to look at the fundamental supply and demand for a property. That includes the economic condition of the area, jobs, availability of mortgage funds, improvements in neighborhoods and the house itself. Let’s examine the factors that influence the price of a property. The Economy If jobs are scarce in an area or underdeveloped, values of property will fall. https://www.rapidpropertyconnect.com/facing-repossession-some-options-to-avoid-home-repossession/ Thu, 17 Mar 2016 11:47:36 +0000 https://www.rapidpropertyconnect.com/facing-repossession-some-options-to-avoid-home-repossession/ If you are facing a repossession, there may be options to negotiate a workout program with your bank. We normally refer this as loan restructuring. Though you may have already signed the loan offer letter, but when you are having problem with your monthly instalment, try to speak to your bank. At times, the banks are willing to restructure the loan for you. Having to repossess your home is the last thing the bank would do to recover any losses. https://www.rapidpropertyconnect.com/5-things-you-should-know-before-flipping-a-property/ Wed, 16 Mar 2016 00:01:41 +0000 https://www.rapidpropertyconnect.com/5-things-you-should-know-before-flipping-a-property/ This week we will look into flipping property. The definition for flipping property by Investopedia as follow: Flipping - A type of real estate investment strategy in which an investor purchases properties with the goal of reselling them for a profit. Profit is generated either through the price appreciation that occurs as a result of a hot housing market and/or from renovations and capital improvements. There is nothing wrong in flipping a property but it has to be done in a correct way. https://www.rapidpropertyconnect.com/how-does-the-economy-affect-the-malaysia-housing-market/ Fri, 04 Mar 2016 00:01:02 +0000 https://www.rapidpropertyconnect.com/how-does-the-economy-affect-the-malaysia-housing-market/ In most countries, real estate represents a significant portion of people’s wealth, an average person has at least one-third of his or her net worth tied up in real estate. The size and scale of the real estate market make an attractive and lucrative sector for many investors. Sky rocketing property prices remain a very common topic among fellow Malaysians for the past few years. But right now, times are bad, will property prices starts to fall or remain stagnant? https://www.rapidpropertyconnect.com/cyberjaya-something-you-should-know-about/ Thu, 18 Feb 2016 09:54:16 +0000 https://www.rapidpropertyconnect.com/cyberjaya-something-you-should-know-about/ Often when people tell me about new project launches in Cyberjaya, my replied is always skeptical particularly on Cyberjaya property…. “it’s so far away, it’s very quiet and there’s nothing much in that area etc” Until recently, I visited a friend of mine (residing in Cyberjaya) whom changed my mind and view on Cyberjaya. Pay a visit there someday and trust me you will love it too, more of a relax lifestyle living compared to hectic city life. https://www.rapidpropertyconnect.com/the-pros-and-cons-of-investing-in-a-holiday-home-apartments/ Wed, 03 Feb 2016 01:25:47 +0000 https://www.rapidpropertyconnect.com/the-pros-and-cons-of-investing-in-a-holiday-home-apartments/ Many people fall in love with the idea of owning a holiday home/ apartment due to lifestyle purposes and neglected on the important fundamentals of investment. Hence if you plan to invest into a holiday property in the future, make sure you are purchasing with your head and not just your heart. Before you would jump into any investment, ask yourself two simple questions: Why am I buying real estate in the first place? https://www.rapidpropertyconnect.com/advantages-of-buying-property-in-a-downturn-market/ Tue, 12 Jan 2016 12:01:56 +0000 https://www.rapidpropertyconnect.com/advantages-of-buying-property-in-a-downturn-market/ “Times are bad”, “Now is not the right time to invest”, “Property market is slowing down”, I believed these are the common topic among your peers recently, so am I. The housing price index has fallen to 4.10% in the first quarter (Q1) of 2015, from 7% in the fourth quarter (Q4) in 2014. This is a significant drop. Many property purchasers generally buy a property during a hot market, and avoid purchasing in a downturn market. https://www.rapidpropertyconnect.com/which-to-invest-commercial-properties-vs-residential-properties/ Wed, 16 Dec 2015 10:31:25 +0000 https://www.rapidpropertyconnect.com/which-to-invest-commercial-properties-vs-residential-properties/ I often get asked, “It is better to invest in commercial properties or residential properties?” What do you think? To me, these two types of properties can be a good investment opportunity, but it all depends on what’s the aim of the investors as both of these asset classes will help investors to achieve different type of objectives. Smart investors in the market don’t choose between the two: They look at both to see how it may fit into their overall portfolio. https://www.rapidpropertyconnect.com/7-reasons-why-you-should-invest-in-real-estate/ Wed, 09 Dec 2015 01:00:52 +0000 https://www.rapidpropertyconnect.com/7-reasons-why-you-should-invest-in-real-estate/ Many of the successful investors often tells me, if there were just one rule of successful investing it would be “start as young as you can.” Real estate like many other types of investment does also come with risks, but then again which business doesn’t involve any risks? We have heard of stories of people who earn their fortune through property investment but at the same time we also heard of stories of people who became unsuccessful in the real estate business. https://www.rapidpropertyconnect.com/2020-the-year-of-affordable-homes-and-rental-income/ Thu, 19 Nov 2015 11:31:50 +0000 https://www.rapidpropertyconnect.com/2020-the-year-of-affordable-homes-and-rental-income/ Affordable housing is not something new. The city hall has plan to build 50,000 affordable homes in federal territory. Based on the information published on RUMAWIP as many as 10,000 affordable homes to be built by year 2020. Most of the properties are to be completed before then. What is RUMAWIP? Rumah Mampu Milik Wilayah Persekutuan (RUMAWIP) is established to outline the direction and to provide a basis for local authorities and developers to design and develop affordable housing. https://www.rapidpropertyconnect.com/buyers-market-vs-sellers-market/ Wed, 11 Nov 2015 12:44:35 +0000 https://www.rapidpropertyconnect.com/buyers-market-vs-sellers-market/ Anyone who has ever been involved with property, regardless as a homeowner or an investor, understands that real estate has a cyclical market movement. There are various factors to be taken into consideration when you plan to buy/ sell your properties but the most important one will be the current state of the property market. This is because the timing of the market can have a major impact on your purchase price/ desired sale price. https://www.rapidpropertyconnect.com/the-return-of-dibs-property-investorsbuyers-saviour/ Wed, 04 Nov 2015 14:20:07 +0000 https://www.rapidpropertyconnect.com/the-return-of-dibs-property-investorsbuyers-saviour/ What is DIBS? DIBS stands for Developers Interest Bearing Scheme where a property developer absorbs the loan interest of the purchaser during the construction period of a property. Brief history of DIBS DIBS scheme can be traced back to around year 2009 where developers were offering to property buyers to absorb loan interest during the construction period of a property. DIBS are popular amongst developers because it is a smart marketing tool which can be used to entice potential house buyers into believing that they have found a good financing deal, without being aware that in the event of project abandonment they are liable for the loan. https://www.rapidpropertyconnect.com/risk-of-investing-in-property/ Wed, 21 Oct 2015 01:00:47 +0000 https://www.rapidpropertyconnect.com/risk-of-investing-in-property/ In today’s market, there is plenty of investment tools available out there be it shares, forex, bonds, unit trust, REITs etc. There’s no doubt that some investments are subject to higher amounts of risk than others. Historical data shows that stock markets are much more volatile and bonds a lot less reliable compared to property investment. However, many things can go wrong in property investment and the risk is amplified if you leap in without first doing your homework or seeking professional advice and devising a sound strategy and investment plan. https://www.rapidpropertyconnect.com/buying-under-market-value/ Wed, 14 Oct 2015 01:00:23 +0000 https://www.rapidpropertyconnect.com/buying-under-market-value/ As the economic ambiguity, economic pressure and doom and gloom outlook brings an increased number of sellers into the property market, we have started to see more and more of “below market value” property listings. When you manage to find a seller who is looking for a quick sale on his/ her properties, there is a an opportunity to negotiate for a good price from the seller. But first, you have to understand, why do people sell property below market value? https://www.rapidpropertyconnect.com/8-common-mistakes-made-by-property-investors/ Wed, 16 Sep 2015 00:08:55 +0000 https://www.rapidpropertyconnect.com/8-common-mistakes-made-by-property-investors/ When it comes to property investment, there’s loads of information available through the website about what investors should do in order to ensure a profitable investment. Many investors begin with the intention of making it big in real estate but only a handful will get past their first investment and even less will create real wealth by climbing to the top of the property ladder. There are plenty ways to build wealth by creating a profitable real estate portfolio and you will need to go through lots of learning and it will require lots of patience, research, time and hard work! https://www.rapidpropertyconnect.com/tough-times-ahead-for-malaysia-property-market-the-18-year-property-cycle-forecasted-it/ Wed, 12 Aug 2015 00:21:19 +0000 https://www.rapidpropertyconnect.com/tough-times-ahead-for-malaysia-property-market-the-18-year-property-cycle-forecasted-it/ Are you ready to tap into the below-market properties? It has been noted from past data that during the down cycle. The levels of mortgage delinquency are the highest. Should you or could you profit from those struggling with high mortgage stress or financial stress? If a purchaser is experiencing difficulty paying their mortgage for one reason or another – generally retrenchment, emergency funds needed to settle medical bills, divorce; the list goes on, there’s a better than even chance that theyll accept a low-ball price simply they can walk away from the stress and start afresh. https://www.rapidpropertyconnect.com/to-flip-or-to-hold-which-is-better/ Tue, 21 Jul 2015 21:09:19 +0000 https://www.rapidpropertyconnect.com/to-flip-or-to-hold-which-is-better/ In order to outline the implications of the flip or hold decision, one must understand the issues inherent to each of the transaction strategies. The question of whether to buy and flip or buy and hold is better real estate investment strategy does not have one correct answer. Rather, the decision to choose one strategy over another should be part of an explicit strategy that takes the investors overall investment goals, as well as the opportunities in the existing market, into account. https://www.rapidpropertyconnect.com/the-18-year-property-cycle-malaysia-property-prices-will-hold-till-2016/ Wed, 08 Jul 2015 00:05:06 +0000 https://www.rapidpropertyconnect.com/the-18-year-property-cycle-malaysia-property-prices-will-hold-till-2016/ Based on the extract from The Star below recently: Weak market seen for the rest of the year- Saturday, 4 July 2015 By Thean Lee Cheng Prices remain: Even when the conditions are weak – as in the current market – the residential market is stable because of the large pool of owners, says Fernandez. But prices of residential likely to be resilient THE property market is expected to continue to be weak for the next six months, with some activities expected after the Hari Raya period, according to a real estate personnel. https://www.rapidpropertyconnect.com/can-the-18-year-property-cycle-predict-correctly-the-time-in-malaysia-as-is-has-done-for-australia/ Wed, 01 Jul 2015 07:45:41 +0000 https://www.rapidpropertyconnect.com/can-the-18-year-property-cycle-predict-correctly-the-time-in-malaysia-as-is-has-done-for-australia/ Just as many think that Australia’s property boom cannot keep on going, controversial economist Phillip J Anderson reiterates that you’ve got 10 MORE YEARS of rising property prices to build a millionaire dollar real estate portfolio. Another 10 more years of rising prices in Australia might sound impossible. But Phillip J Anderson is no stranger to making outlandish forecasts. In 2006 he predicted the US housing market would bottom between 2008–2010 and begin recovering in 2011. https://www.rapidpropertyconnect.com/how-property-cycles-moves-the-different-assets-classes-and-investors-in-an-economy-australia-case-study/ Wed, 24 Jun 2015 09:10:18 +0000 https://www.rapidpropertyconnect.com/how-property-cycles-moves-the-different-assets-classes-and-investors-in-an-economy-australia-case-study/ Phil Anderson says that if we understand the 18-year property cycle from various angles we will be able to see the structure of the economy repeating and will understand and see what is happening better/clearer. The events may vary but the underlining structure based on the speculation of rent remains. Your Playbook for the Australia Real Estate Cycle What does all this mean for asset prices? Here’s a road map for different asset classes and the economy for the next decade. https://www.rapidpropertyconnect.com/lease-option-benefits-to-seller-lessor-buyer-lessee-continue-from-earlier-blog-post/ Mon, 15 Jun 2015 19:55:09 +0000 https://www.rapidpropertyconnect.com/lease-option-benefits-to-seller-lessor-buyer-lessee-continue-from-earlier-blog-post/ Benefits to Lessor Lease option tenants (Lessee) will generally tend to treat or take care of the house better since they will soon own the property compared to a tenant of the house. They will generally keep the house clean, take care of the flooring or carpet and will clean it more regularly and will generally take care of minor repairs too. Lessee may under the terms of the lease option be required to take or assume the minor repair or maintenance works as they will assume ownership of the property someday. https://www.rapidpropertyconnect.com/how-the-real-estate-cycle-drives-economies-and-investors-is-malaysia-property-cycle-still-in-an-expansionary-period/ Wed, 10 Jun 2015 14:56:03 +0000 https://www.rapidpropertyconnect.com/how-the-real-estate-cycle-drives-economies-and-investors-is-malaysia-property-cycle-still-in-an-expansionary-period/ Real estate speculation drives this cycle of boom and bust. Economic growth leads to higher real estate prices as demand for property (from expanding businesses and flush households) grows. This increase in property prices is ultimately driven by land values: a house costs much the same to build, in terms of labour and materials; regardless of where you build it it’s the location that makes the difference to the value. https://www.rapidpropertyconnect.com/lease-option-one-of-the-latest-strategies-used-by-property-investors/ Thu, 04 Jun 2015 23:37:55 +0000 https://www.rapidpropertyconnect.com/lease-option-one-of-the-latest-strategies-used-by-property-investors/ Rich dad forbade the words ‘I can’t afford it.’… Instead, rich dad required his children to say, ‘How can I afford it?’ His reasoning, >the words ‘I can’t afford it’ shut down your brain. It didn’t have to think anymore. ‘How can I afford it?’ opened up the brain. >Forced it to think and search for answers.” Lease Option strategies are one such creative tool that allows you to invest in properties with little or no money down. https://www.rapidpropertyconnect.com/will-malaysia-property-prices-continue-to-rise-in-2015-2016/ Fri, 22 May 2015 12:10:45 +0000 https://www.rapidpropertyconnect.com/will-malaysia-property-prices-continue-to-rise-in-2015-2016/ Where is Malaysia now in the property cycle? Is Malaysia in the final years of the upswing of the property cycle? How long more will the cycle remain robust? Malaysia property prices have been rising since 2010 fueled by easy credit, low interest rates and high demand on the back of strong economic fundamentals. The projected super cycle that will bust in 2012 did not happen. Prices continue to rise. https://www.rapidpropertyconnect.com/boom-bust-cycle-what-causes-it-malaysia-property-cycle-property-millionairessecretclock/ Fri, 17 Apr 2015 13:08:35 +0000 https://www.rapidpropertyconnect.com/boom-bust-cycle-what-causes-it-malaysia-property-cycle-property-millionairessecretclock/ In the “Business and Real Estate Cycle: The Kuala Lumpur Office Market” by Siti Almafahaza, Stockholm, 2011 master thesis, the author described the development of Real Estate in Kuala Lumpur that has taken place since 1960’s and how it has changed into a modern city with the impact of industrialization of the economy. The study shows that real estate cycle and business cycle do move in recurring wave-like fluctuations that are in a circular motion. https://www.rapidpropertyconnect.com/property-cycles-boom-bust-to-staymalaysia-property-cycle/ Mon, 23 Mar 2015 16:26:24 +0000 https://www.rapidpropertyconnect.com/property-cycles-boom-bust-to-staymalaysia-property-cycle/ For years it is interesting to note that property cycle comes and go and no one ever question it. It is so predictable and will happen automatically as in the pattern of day follows the night. Wikipedia described it as “A property cycle can be seen as a logical sequence of recurrent events reflected in demographic, economic and emotional factors that affect supply and demand for property subsequently influencing the property market. https://www.rapidpropertyconnect.com/skyscrapers-boom-vs-economic-crisis/ Sat, 07 Mar 2015 23:43:35 +0000 https://www.rapidpropertyconnect.com/skyscrapers-boom-vs-economic-crisis/ In 1999, economist Andrew Lawrence created the skyscraper index; which purported to show that the building of the tallest skyscrapers is coincidental with business cycles, in that he found that the building of world’s tallest building is a good proxy for dating the onset of major economic downturns. Lawrence described his index as an unhealthy 100 year correlation. Do Skyscrapers Predict? Lawrence was apparently the first to make the claim that the construction of the world’s tallest building was correlated with impending financial crisis although the subject of the world’s tallest skyscrapers and their relation to economic crisis is also prominent in Grant (1996). https://www.rapidpropertyconnect.com/property-investments-world-events/ Thu, 15 Jan 2015 12:54:26 +0000 https://www.rapidpropertyconnect.com/property-investments-world-events/ Should property investments be look from a bigger perspective instead of area or regional specific? Does the world events affect real estate market?. Relating to the wider perspectives will enable property investors to get important clues as to the demand and supply in the market and the sentiments therein and take precautions too on any pending crisis. As the whole wide world is on the internet and with advanced technology, all information is almost available to the seconds. https://www.rapidpropertyconnect.com/12-top-tips-for-buying-property-off-the-planshelf-from-developers/ Tue, 30 Dec 2014 10:44:54 +0000 https://www.rapidpropertyconnect.com/12-top-tips-for-buying-property-off-the-planshelf-from-developers/ In Malaysia it is common to buy “Off The Plan/Shelf” from developers when project has yet to start or is under construction. This is because in Malaysia private developers take the lead to ensure the housing starts of the nation are achieved. Buying a property “Off The Plan/Shelf” means buying a new property before the project is completed. It is common to buy off the plan/shelf from developers in Malaysia https://www.rapidpropertyconnect.com/the-top-home-buying-mistakes-to-avoid/ Sun, 14 Dec 2014 22:11:11 +0000 https://www.rapidpropertyconnect.com/the-top-home-buying-mistakes-to-avoid/ Buying a first home can be a daunting thing. You’re entering into unknown waters and trying to triumph and come out a winner while grappling with your hopes and limitations Having worked in the housing development industries for decades and from observations, the following are the top common mistakes made by buyers and how you can overcome them. Buying a property without financial planning – Over budgeting A lot of buyers fall into this trap of buying a property that they can hardly afford financially.