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Going, Going... Gone!: Fewer condos put up for auction

City & Country randomly monitored condominiums up for auction from January to February with a minimum reserve price of RM250,000. These were located mainly in the Klang Valley.Auction houses have not seen a spike in the number of properties up for auction so far despite the gloomy economic climate.

Advice from the experts

Due to time constraints, speakers at The Edge Investment Forum on Real Estate 2009: 'Residential property values: How low can we go?' were unable to take all the questions from the floor. Participants were invited to send in additional questions and indicate to whom they were directed.

Where should you put your money?

Lower interest rates on housing loans, very attractive packages from property developers and more “realistic” property prices are calling out to consumers... but is it a good time to buy?

Hot spots in a recession

Recession or not, the Klang Valley will remain the country’s top growth area, with the focus on the Kuala Lumpur and Petaling Jaya areas, said Ho Chin Soon, master mapmaker and principal of Ho Chin Soon Research Sdn Bhd.According to Ho Chin Soon Research’s Locational Centre of Gravity Map, Petaling Jaya New Town is the centre of gravity because of its infrastructure developments and accessibili

‘No brand house’

The generous use of raw materials such as mesh wire, concrete blocks and glass all through the house give it a spacious and sleek modern feel. This 2-storey intermediate linked house in Taman OUG, Kuala Lumpur was chosen the gold winner for the terraced category in last year’s  haven/The Edge My Dream Home Contest.

‘Upcycle expected in 2011’

Despite being buffeted by a major economic slowdown, the Malaysian residential property market remains surprisingly resilient and is poised for a mini-boom in the next two to three years, according to Previndran Singhe, CEO of Zerin Properties Sdn Bhd.“I believe our fundamentals are strong and the Malaysia real estate market will have another three years [of growth],” he said, adding that a pro

Seize the prospects

No property slumpThe music has turned sentimental after the jive we had in the property market over a year ago.