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Malaysia Property Cycles – Boom or Slump Now?

For years it is interesting to note that property cycle comes and go and no one ever question it. It is so predictable and will happen automatically as in the pattern of day follows the night. Wikipedia described it as “A property cycle can be seen as a logical sequence of recurrent events reflected in demographic, economic and emotional factors that affect supply and demand for property subsequently influencing the property market.

Skyscrapers Boom Vs Economic Crisis

In 1999, economist Andrew Lawrence created the skyscraper index; which purported to show that the building of the tallest skyscrapers is coincidental with business cycles, in that he found that the building of world’s tallest building is a good proxy for dating the onset of major economic downturns. Lawrence described his index as an unhealthy 100 year correlation. Do Skyscrapers Predict? Lawrence was apparently the first to make the claim that the construction of the world’s tallest building was correlated with impending financial crisis although the subject of the world’s tallest skyscrapers and their relation to economic crisis is also prominent in Grant (1996).

Property Investments & World Events

Should property investments be look from a bigger perspective instead of area or regional specific? Does the world events affect real estate market?. Relating to the wider perspectives will enable property investors to get important clues as to the demand and supply in the market and the sentiments therein and take precautions too on any pending crisis. As the whole wide world is on the internet and with advanced technology, all information is almost available to the seconds.

12 Top Tips for Buying Property “Off The Plan/Shelf” From Developers

In Malaysia it is common to buy “Off The Plan/Shelf” from developers when project has yet to start or is under construction. This is because in Malaysia private developers take the lead to ensure the housing starts of the nation are achieved. Buying a property “Off The Plan/Shelf” means buying a new property before the project is completed. It is common to buy off the plan/shelf from developers in Malaysia

The Top Home Buying Mistakes To Avoid

Buying a first home can be a daunting thing. You’re entering into unknown waters and trying to triumph and come out a winner while grappling with your hopes and limitations Having worked in the housing development industries for decades and from observations, the following are the top common mistakes made by buyers and how you can overcome them. Buying a property without financial planning – Over budgeting A lot of buyers fall into this trap of buying a property that they can hardly afford financially.