Read the post here:
Making a case for property equities
Now you might be thinking that I am going to teach you how to buy properties with little or no money down. No I won't do that! That part I'll leave it to all the "gurus" out there!
I am here to share another tip! OK, it is not new but most of us don't bother but could be significant. You see, a lot of clients of mine said that they miss the boat when the property prices began their ascendence in prices not too long ago. Many of them in fact still ask me whether the current price can sustain or anymore good property left to buy!
I told them the property prices might soften and we maybe seeing some consolidation taking place after the spectacular run up last year and Yes! there are still some good properties project out there in the market that has still got upside on it. Contact me if you are interested I have quite a few!
You see, this whole scenario here is liken to stock market! Prices will rise, consolidate and go down! It's a cycle just like economy BUT with a little twist.
For those who think that they miss out on the bull run in properties, here is another chance for you (or me!). Instead of owning the physical stuff (house, condo, shops) you can now buy directly into the public listed Developers' stocks. It's more liquid and easier to dispose off and you can buy as little as 100 shares. Brilliant?
Of course you may not make ( or probably lose a bit) as much compare to the actual owning the property but hey you still can boast about not missing out and earning a bit from it! Not too bad at all isn't it?
Property sector outlook in Malaysia especially in Klang Valley, KLCC and Mont' Kiara. New property launches, foreclosures and flips, financing options and alternatives.
Saturday, 23 July 2011
Tuesday, 19 July 2011
Property outlook turns cautious
Property outlook turns cautious
As predicted earlier, the sentiments are turning rather bearish. One of the main indicators market is consolidating is that valuation is hard to justify now. When the gap between the asking price and the price buyers are willing to pay plus the valuation from the bank is difficult to justify, it is a real sign that the market is turning. For those property investor who are looking into sub-sale market now you will find that bargain deals are hard to find now especially in this market.
The other factor to put in perspective is the expectations from the seller is getting more and more ridiculous. When the selling price keep adjusting upwards then it is one of the sign that the market is out of sync with reality.
I won't say the market now is bearish but the indication is that it is pointing that way especially the financial institutions are tightening their belts.
Read below the article from The Edge: Demand for high end homes cool
As predicted earlier, the sentiments are turning rather bearish. One of the main indicators market is consolidating is that valuation is hard to justify now. When the gap between the asking price and the price buyers are willing to pay plus the valuation from the bank is difficult to justify, it is a real sign that the market is turning. For those property investor who are looking into sub-sale market now you will find that bargain deals are hard to find now especially in this market.
The other factor to put in perspective is the expectations from the seller is getting more and more ridiculous. When the selling price keep adjusting upwards then it is one of the sign that the market is out of sync with reality.
I won't say the market now is bearish but the indication is that it is pointing that way especially the financial institutions are tightening their belts.
Read below the article from The Edge: Demand for high end homes cool
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