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5 things you shouldn’t do when buying your first home

By

Eugene Propertylane

Posted in News, Sales On Nov 07, 2015

IT’S one of the biggest decisions of your life. There are so many things to think about when you’re searching for that one house to call your own that it’s easy to overlook small but important details. But first, let’s recap the big mistakes. Coming in at No 1 is overpaying for property. This is…

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China’s ‘Smurfs’ beat cash controls, sending real estate soaring

By

Eugene Propertylane

Posted in International, Luxury, Market Updates, News On Nov 03, 2015

HONG 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…

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Good news for renters, not so much for buyers

By

Eugene Propertylane

Posted in Market Updates, News On Nov 01, 2015

Forget about 2015, says this real estate expert about the property sector. Best to put this annus horribilis behind us and look ahead to better times in the second quarter of next year. ARE you currently renting or looking to rent? If you are, there might be some good news for you on the horizon….

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Government mulls reintroducing DIBS for first time home buyers

By

Eugene Propertylane

Posted in Market Updates, News On Oct 30, 2015

KUALA LUMPUR (Oct 30): The government is considering proposals by property developers to reintroduce the developers interest bearing scheme (DIBS) and relax lending guidelines to promote first home ownership, said Minister in the Prime Minister’s department Datuk Sri Abdul Wahid Omar. He said the Real Estate and Housing Developers’ Association has submitted their requests and…

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Penang’s Georgetown named No. 4 in Lonely Planet’s list of top 10 cities for travel

By

Eugene Propertylane

Posted in Georgetown, Heritage, News On Oct 30, 2015

GEORGETOWN (THE STAR/ASIA NEWS NETWORK) – The verdict is out. Penang’s city of Georgetown is No. 4 in Lonely Planet’s Top 10 Cities list for Best in Travel 2016. “Georgetown might be widely known for its Unesco World Heritage-listed streetscape, but of late it has also emerged as the crucible of an artsy, modern Malaysia,”…

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