RPC

TL;DR Majority Cambodians are earning $1,000 per month; Rental in Phnom Penh is higher than average salary earner; Condo might not work in Cambodia because locals are favouring shophouses or landed houses; For foreign investors, try to invest in properties that have the most local base. Cities all around the world play important role in stimulating the economy in a country. According to Oxford Economics, in 2023, the 1,000 largest cities in the world accounted for 60% of global GDP.

TL;DR New MM2H provides three tiers Platinum, Gold & Silver; New requirement to buy real estate which is compulsory; Fixed deposit requirement increased; Exactly three years ago I shared a comparison of existing MM2H with newly proposed MM2H requirement in 2021. You can check out the previous MM2H post here. Instead of comparing the proposed requirement back in 2021, let’s forget about those as they are irrelevant now. Discover more topics via spotify.

TL;DR As of Sept 2023, the total approved loan value exceeds RM29B; The loan approval rate for 2023 (Q3) is 56% exceeding property peak in 2013; People are still buying properties with supply for unsold properties reducing; High rise properties with the price below RM600,000 is the most transacted. Since the pandemic outbreak, we still feel that the general market is not fully recovered yet. Many sectors are still feeling the pinch and consumers are feeling the pressure of rising cost of living.

TL;DR Kuala Lumpur has banned room partitioning in properties due to concerns about living conditions. The trend emerged from high rental costs in the city, forcing tenants to opt for cheaper, partitioned spaces. While the ban aims to address these subpar living conditions, it doesn’t tackle the root problem: the lack of affordable housing in KL. The debate continues on who suffers more from this ban – landlords or tenants.

This question ‘Should I invest in Property Now’; has been asked countless times. Of course, we can’t blame people because the market sentiment is on the lowest since last year. In fact, I personally don’t think the market will recover by year end which I covered in previous blog. You can read about the post - Malaysia Property Market 2021 Set For Year-End Bounce? A Bit Optimistic When the market is not recovering anytime soon, it means we (investors) have more time to get more good deals in the market.