Online shopping for properties gaining popularity
The convenience of shopping online is definitely an upside, but what about big ticket items such as property? Are they as sellable online?
The convenience of shopping online is definitely an upside, but what about big ticket items such as property? Are they as sellable online?
For first-time homebuyers and up-graders, this downturn could also be an opportune time to buy, especially from property developers due to the many incentives offered by the government and the industry itself.
nanoeTM X, the original ionizer to generate “nano-sized atomized water particles” is developed by Panasonic. It is an electrostatic atomization technology, that collects invisible moisture in the air and applies high voltage to it to produce “hydroxyl radicals contained in water”. The decisive factor is the existence of hydroxyl radicals (also known as OH radicals) inside nanoeTM X.
VPEX 2020 is running from Aug 7 till Sept 20 at VPEX.EdgeProp.my. As many as nine established property developers are showcasing their selected projects at the virtual expo including the country’s top property developers.
In the office market, CBRE anticipates enquiry and inspection to be negatively impacted should stricter lockdown measures come into force.
It also noted that new sources of leasing demand will be limited in 2H2020 as most office occupiers will continue to prioritise operational resilience and are unlikely to commit to new leases unless they have upcoming lease expiries or especially urgent space requirements.
"This sum excludes the RM8.9 billion which has already been paid by the government. This would bring the total cost of 1MDB to the country, including interests of the 1MDB debt, to RM50.4 billion."
The official statistics revealed that there were 826,100 unemployed in May, an increase of 6% from 778,800 in April.
Nonetheless, few might have noticed that the size of the labour force has been shrinking in recent months. In April, the labour force lost 130,000 people when it declined to 15.71 million, from 15.84 million in March. The number remained flat at 15.71 million in May.
Home prices have risen rapidly since 1990, fuelled by historically low interest rates and enabled by the then government’s policies (such as home ownership campaigns, Developer Interest Bearing Scheme and a reduction in the real property gains tax) and banks’ aggressive lending for mortgages. As a result, home affordability has declined by half.
It differs from other cloud kitchen establishments in the country as it serves as a platform for budding entrepreneurs looking to dabble in the F&B industry.
Call it by whatever name — JMB, MC or Residents’ Association (RA) — they are all basically an association of property owners looking out for their best interest.