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Is Inflation Your Friend or Foe?

Is Inflation Your Friend or Foe?

There are many disagreements about inflation numbers. The man on the street will say that inflation numbers are actually higher than what the government says. The government will say that the inflation numbers are based on a basket of goods and it’s not a number plucked out of nowhere. Very high inflation numbers are not […]

CCTV Cameras: The Issues of Privacy in Airbnb Homes

CCTV Cameras: The Issues of Privacy in Airbnb Homes

Being secretly filmed by a hidden camera is a traumatic experience for any unsuspecting traveller. In 2017, a couple staying in an Airbnb unit in Japan noticed a green light from a smoke detector in their bedroom. Dismantling the device, they found it was actually a well-disguised camera recording everything in the bedroom, the Korean […]

Lower Threshold for Foreign Home Buyers Open to Abuse, Warns CAP

Lower Threshold for Foreign Home Buyers Open to Abuse, Warns CAP

GEORGE TOWN: The Consumers Association of Penang said the lowering of the price threshold for foreigners buying properties in Malaysia could be abused by some to launder their money and even drive up prices of goods. Its president Mohideen Abdul Kader said the reduced threshold from RM1 million to RM600,000 could lead to undesirable people […]

Sunway Eyes Opportunities in UK Student Housing Market

Sunway Eyes Opportunities in UK Student Housing Market

SUNWAY Group founder and chairman Tan Sri Jeffrey Cheah says the group is looking out for opportunities in the United Kingdom, especially in the student accommodation market. He said it is a good time now to tap the UK property market. According to Cheah, the Sunway group is buying three buildings for student accommodations in […]

Affordability versus accessibility: Understand the difference

Affordability versus accessibility: Understand the difference

People are talking about a scheme where potential buyers need not worry about down payments, bank mortgages or paying high rental rates just to own a property a few years down the road. They say this will mean homes become more affordable to all Malaysians. Not true. Assuming these things come to be, then the […]

Its population growth that drives the property market

Its population growth that drives the property market

KL has a population of 1.8 million people. Total existing property units is 482,099 units with another 37,819 incoming units and 67,177 planned homes. Serviced apartments wise, KL has 60,441 of its existing units with 31,455 incoming units and 82,057 planned units. KL has a total of 4,731 units under overhang status worth RM4.6 billion. […]

Spooked by protests, Hong Kongers snap up homes at Malaysia’s Forest City development

Spooked by protests, Hong Kongers snap up homes at Malaysia’s Forest City development

Spooked by protests, Hong Kongers snap up homes at Malaysia’s Forest City development KUALA LUMPUR/HONG KONG (REUTERS) – Hong Kongers have snapped up about 200 apartments in the past two months at a sprawling housing development in Malaysia, two estate agents said, a sign that some are looking for homes elsewhere due to the political volatility at home. […]

Co-living firm raises $55m to boost growth in Asia

Co-living firm raises $55m to boost growth in Asia

Co-living firm raises $55m to boost growth in Asia Singapore-based co-living company Hmlet has raised US$40 million (S$54.6 million) in a Series B financing round that will fund its continued expansion across the region, it said yesterday. The round was led by Burda Principal Investments, with participation from existing investor Sequoia India and new investors […]