What you need to know about CCRIS
For those familiar with this five letter abbreviation, it might as well spell N-A-S-T-Y. For those unfamiliar, well it’s high time you get acquainted because it might explain why your application for a loan is being thrown into a trash can. The truth is, many people only have a... Read more
Addressing the biggest questions about valuation
By Ernest Cheong Why would the Bank still want to have a property I intend to buy valued by a panel valuer when the seller and I have already agreed on a purchase price? Whilst the Bank accepts that the Borrower and the Seller have agreed on the Purchase Price, because it is the... Read more
Unravelling property valuation in Malaysia
By Ernest Cheong For many adult Malaysians, at some point in their journey towards achieving their life-long ambition of owning a property, be it for investment or for self-occupation, whether it is a house, condominium, apartment or shop, they will inevitably require the services of a valuer. Who is a valuer? What... Read more
By Chris Prasad   The current volatile state of the foreign exchange market is causing a ruckus across global economies. The strength of the United States Dollar (USD), the weakening of the Euro and our very own plummeting ringgit is giving rise to much cause for concern in terms... Read more
Property still top pick for Malaysia’s ultra-wealthy
By Roznah Abdul Jabbar Residential properties in KL are expected to appeal to the Malaysia’s UHNWIs this year with 36% planning to purchase them. Despite a gloomy forecast, property remains the favoured form of investment for Malaysia’s ultra-high-nettworth individuals (UHNWI), with properties in the retail sector topping the list, according to Knight Frank’s recently... Read more
The recently released Property Market Report 2014 by the National Property Information Centre (Napic) paints a sombre picture for the once-vibrant Sarawak property landscape. Napic figures revealed that the market in the East Malaysian state was relatively stagnant in 2014. While there were 27,538 transactions recorded last year (valued... Read more
By Kent Tan The latest report published in Malaysia Property Market 2014 has shed some positive light on the market, which has been restrained by anti-speculation measures. There is a slight increase in the property sector, marking a marginal growth of 0.8 per cent in market volume and 13.5... Read more
Prime office rents in the capital city grew by 3.6% in the first quarter of the year, making it second only to Bangkok, Thailand in a list of Southeast Asian countries that have seen positive growth in this period. According to Knight Frank Asia Pacific’s recently released Asia-Pacific Prime... Read more
Stepped-up MRT services will spur values
By Roznah Abdul jabbar Train stations are often touted as value-adding features to developments built near them. Taking this up a notch, Mass Rapid Transit (MRT) Corp’s plans in the pipeline will guarantee the appreciation of properties along its trajectory and around its stations. Generally, the provision of public... Read more
By Kent Tan The Malaysian Property Market 2014 report by the Valuation and Property Services Department under the Ministry of Finance has been concluded with Consumer Sentiments Index (CSI) at 83 points, which is the lowest in the year, leading to a moderate performance by the commercial sub-sector. Last... Read more