Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam told the press that there is "some distance to go in achieving a meaningful correction”, hinting that the property cooling measures are here to stay. I am surprised by Mr Tharman’s creative use of the word ‘meaningful’. It is an adjective or a descriptive word that leaves much room for imagination. It is up to … [Read more...]
To launch or not to launch, that is the question
Last night, I asked you whether you are married or not. There was dead air for ten seconds before you replied “I still consider myself single”. I was expecting a simple yes or no answer from you. This marital status question from my heart only offers two options: single or married, or at most with two more for divorced or widowed. Sorry a vague answer won’t open you to more … [Read more...]
Tough times ahead for Iskandar and Malaysia properties
Disclaimer: 1. The following blog post is not likely to be reposted or republished in any online media or property portals – particularly those advertising Iskandar and Malaysia properties, or organizing property shows for these properties. Expect to read this in PropertySoul.com only. 2. Without any new project to launch, any commission from buyers or any advertising … [Read more...]
Put yourself to the test: the Property Financing Quiz
How knowledgeable are you with housing loans? Do you know enough about TDSR? How good are you in negotiating with the banks? Dare to challenge yourself by taking a short 10-question quiz? 1. Please refrain from checking the answers in the internet. No cheating please! 2. Participant with the highest score stands the chance to win a special prize at the Understanding … [Read more...]
Developer invited you to play Project Discount
To survive the cooling measures, property developers have no choice but to constantly come up with creative ways to move their units from the shelves. Buyers are a rare species Where can they find that rare species called buyers who possess all of the following? - Can afford the hefty cash downpayment of units in new projects; - Are willing to pay 5, 7, 10 or 15 percent … [Read more...]