/// Contributor
Michael Yeoh
The Mortgage Expert
With over 15 years of experience in the
mortgage and investment industry and
working with prominent companies
such as Standard Chartered Bank,
Hong Leong Bank, HSBC and Hwang
DBS Unit Trust, Michael has helped
thousands of loan borrowers by
providing comprehensive mortgage
advisory and solutions.
Michael regularly conducts mortgage
courses and has produced many
graduates. He is also a regular
columnist and also has being featured
in New Straits Times Press, The Star,
Property Guru and also Property
Hunter magazine. He speaks regularly
in Property Exhibitions, Seminars and
also for developers.
You can get in touch with him at
Website: www.michaelyeoh.com.my
2014
Property Strategies
I
f we were to look back in the year 2013, a lot has happen and many changes took place in the property
industry. From the introduction of Bank Negara’s Responsible Lending Policies to Property curbs such
abolishment of DIBS and increase in RPGT, buying and investing in properties going forward will never
going to be the same anymore. Looking at macro economics stand point the reduction of petrol subsidy,
abolishment of sugar subsidy, implementation of GST and the latest but not confirm yet at the point of
writing which are toll heights will definitely have negative impact on the property industry.
As we embrace the year 2014, we need to
establish a set of new strategies as property
investors. It will be more challenging this
year. Gone are the days where you just buy
buy buy and sell sell sell as this might not
work anymore. Planning and execution of the
right type of property investment strategies
is paramount important today. There will still
be changes and new policies which will be
implemented in 2014, we must be ready to
adapt and move forward.
While the author makes reasonable
efforts to present information which
he believes to be reliable, the author
makes no representation that the
information or opinions contained in
this article is accurate and complete.
Readers are advised to seek specific
professional advice before acting on
the views.
52
www.PropertyHunter.com.my
Looking at the current scenario, I would say
property investors will be switching their
strategy instead of flipping to holding their
purchase from mid to long term. This is good
for retirement planning.
I have always stressed that, learning from the
right people or so call gurus who are expert in
their respective industry is a must.
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