SHARE markets have generally produced higher investment returns than residential property over the long term. Theoretically, then, those who rent a property and invest their money in quality shares should be wealthier than those who concentrate on paying off their homes. However, the discipline of meeting regular mortgage payments and gradually taking ownership of a […]
Archive | October 28, 2007
PROPERTY – Penang’s luxury homes market plays catch-up
Home values set to rise as big-name players race to build high-quality developments on Malaysian island WHEN it comes to Malaysian property, foreign investors seldom set their sights beyond Johor, Kuala Lumpur (KL) and Malacca. But the island of Penang in the north is starting to come into its own. Malaysia’s foreigner-friendly policy means that […]
No delaying payments, so home hunters turn cautious
Move may have initial dampening effect but experts say it will chase away only speculators MARKETING manager Simon Loh has put an abrupt halt to his house hunting. The 38-year-old had been looking for a new place for the last six months, but now that he cannot defer payments until the new apartment is ready, […]
