Author: Charles Tan
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Unsold units up 40 pct. Strategy ahead?
Unsold units are up in Malaysia property market. Sorry, I failed to mention that it is up a lot. According to many news article yesterday, the number of unsold units as at H1 2017 is worth over RM12 billion. In units, it is about 20,000 units. (Fortunately this is not for affordable units, else, for…
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Balik Pulau? Some POTENTIAL insights.
I still remember the time when I was looking to upgrade to a bigger place from my small apartment of 700 sq ft in Relau. I considered many places and Balik Pulau was one of them. There were a few projects that my wife and I drove to and one of it was Botanica. CT by…
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Kuching, Sarawak with a RM11 billion GDV development
Yes, I am a Kuching lover. Too bad, I do not yet own any condo there yet. However, my next trip there is in December. Let’s see if I have at least a bit of time to view some projects. Secondary ones I guess since it should not be too far away from Kuching city…
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Panic selling may still not work. Sometimes, just decide and move forward.
A few months ago, an owner told my friend who is a Real Estate Negotiator that the lowest price he would ever let go is RM1.5 million. After some research, my friend pointed out the fact that the lowest price in the market at the time was RM1.25 million and even showed him the actual…
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Bangkok has more international visitors than London!
Tourism is a foreign currency earning industry for any country. Imagine just RM1,000 per foreign tourist x 1 million tourists pear year? Plus the typical economic multiplier of 3 or 4 to the economy? Plus the demand for properties? This is especially when a country receives millions of foreign tourists every year. I still remember…
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Eco World International: Expanding presence in London via 12 new sites
Eco World International (EWI) is expanding its foothold in London. (Good news for a Malaysian developer.) This is the news article in TheStar. It says that it will be expanding from its 3 projects to 12 new sites in Greater London and the South East of England. (Yes, Greater KL is definitely a good idea because…
