Author: Charles Tan
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WHY should RTS start only AFTER 2024?
I crossed from JB to SG and back three times in 2018. One of those trips on a weekday took 3.5 hours. Reports say that there are 100,000 people on average crossing the border on a daily basis. If everyone took 3 hours, that’s 300,000 hours wasted. (Unless of course everyone was reading a book)…
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Weakening currency means strengthening demand?
Malaysian developers do not only build in Malaysia. They build everywhere, especially in a country favoured by many Malaysians who wish to find a new home; Australia. Here’s a good news and bad news, depending on ones perspective. The Australian Dollar (AUD) is actually weakening. It hit a 10-year low just recently even though it’s…
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More new launches. RM1.8 billion by LBS.
One developer is optimistic about 2019 despite many people being negative about the current state of the property market. LBS Bina Group Bhd will be launching RM1.82 billion worth of projects this year. Its managing director Tan Sri Lim Hock San has also set a sales target of RM1.5 billion for this year, which is…
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Press Release: PropertyGuru: 2019 Property Hotspots
Do you want to know where are the areas most searched by users of PropertyGuru Malaysia? Read on. — start of press release — PROPERTYGURU: 2019 PROPERTY HOTSPOTS January 14, 2019, Kuala Lumpur – Despite improving consumer sentiment and proactive government policies announced in the Budget 2019, 2019 is likely to see a continued price…
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LRT3 is important. Please manage it well.
Connectivity enhances productivity and economic activity. This is why countries like Singapore continue to enhance theirs. Its transport minister Khaw Boon Wan said, ““The Government will continue to heavily subsidise public transport – S$5 billion for buses, S$4 billion for rail renewal and S$20 billion for expanding the rail network in the next five years.”…
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Difficulty in buying a property is the issue.
I personally believe the supply is still way below the potential demand when it comes to property, especially within Greater KL. Thus the unsold property number which is being bandied about (article here) is incorrectly labelled as ‘oversupply’. Just look at Greater KL population for example. It’s growing by a few hundred thousand every year.…
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Knight Frank: 2019 will be a good year for property
Statistically speaking, when I write negative stuffs, the number of clicks are higher. So, this article may get fewer clicks. 🙂 Knight Frank Malaysia says that the sentiment in Malaysia’s property market will improve in 2019. The reason is due to the many policies outlined in budget 2019 which will strengthen demand, especially from first-time…