A market review on building materials within the construction sector showed that prices of the four-most utilised materials – namely, cement, steel, sand and ready-mixed concrete – are not the main cause of the rising housing cost in Malaysia. Conducted by the Malaysia Competition Commission (MyCC), the review was made amid the concerns raised by…
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Penang is fast becoming a hotspot for property investment, so take a look at the Penang property market with some important advice from Lim Wei Seong of Henry Butcher Malaysia Penang. Economy Overview Penang has a population of about 1.16 million and is the second smallest state in Malaysia. Yet, it is one of the three…
Read MoreGEORGE TOWN (Jan 22): Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) — by the fourth quarter of this year, according to Aspen Group co-founder and chief executive…
Read MoreReal estate agents are known for employing euphemisms to make an outdated house seem charming, or a cramped apartment feel cozy. Here are some other buzzwords: “bargain,” “under-valued,” and “deal.” In nearly half the largest 100 U.S. metros, those phrases probably mean absolutely nothing. So says fresh research from Trulia, which compares the listing prices…
Read MoreSingapore home prices dropped for a ninth quarter, posting the longest losing streak in 17 years, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market. An index tracking private residential prices fell 0.5% in the three months ended Dec. 31 from the previous quarter, according to preliminary data from the Urban Redevelopment…
Read MoreHONG KONG (Oct 3): When Chinese nationals move money overseas, they often do it the way drug traffickers or terrorists do: They break down cash into small amounts below what would trigger official scrutiny. Moving money in small increments to avoid reporting requirements is called “smurfing”, after the little blue cartoon characters who as small…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.