Author: Charles Tan
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Flat year and creative packages come together in 2016
It’s a fact. Property market Malaysia is slow in 2016. Both transactions value and quantity for 2015 dropped. Developers are working harder, getting more creative too. In a recent report in thesundaily, CH Williams Talhar & Wong Sdn Bhd managing director Foo Gee Jen said while some developers are delaying their launches, some are coming up with…
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Malaysia Q1 2016 GDP, slowest since 2009
Malaysia’s Q1 GDP growth is at 4.2 percent. Note the word “growth.” This is the slowest ever since the 2009. Private-sector spending grew 5.1 percent. Gross exports increased by 1 percent. Many other key economic sectors slowed too. According to Bank Negara Malaysia new governor, Muhammad Ibrahim, Malaysia would still achieve its forecast growth of between 4%…
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Sungai Buloh and Damansara Damai: Stellar’s Grocer
I have recently been having dinners on and off at Stellar’s Grocer, a new supermarket in Sungai Buloh. I stay in Damansara Damai. It has a small restaurant cum cafe right beside the supermarket which meant that after dinner, I could also do my grocery shopping. It’s little restaurant serves the same menu the whole…
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Penang undersea tunnel, RM6.3 billion and 30-year toll concession
I have yet to really understand the need for the Penang Undersea Tunnel Project linking Gurney Drive in the island with Bagan Ajam on the mainland side. I tried to search for the estimated number of vehicles which will use the link when it’s completed but could not find any as yet. As per reported in…
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Penang’s Hampshire – Shaolin martial arts and 2,100 residential units
Have you ever visited the Dragon Boat Race in the Teluk Bahang dam in Penang before? It’s an exciting race and there are normally lots of foreign rowers too. The only downside is that it is usually pretty hot and may not so suitable if you have a toddler and a baby like me. The…
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LRT3 is moving along, RM9 billion and 26 stations
Many continue to believe that their property choices remain the same even with more LRT and MRT stations. Yes, there’s also the BRTs. Be reminded, buying undervalued for potential appreciation is a cheaper option compared to buying hotspots and selling it when it goes even higher. There’s also that ceiling price where the majority could…
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Iskandar property price to surpass Greater KL.
Reported in propertyguru.com.sg recently was a piece of news about Iskandar, Malaysia. It quoted a few property experts with their personal expectations for the Iskandar property market. According to the Ishmael Ho, Chief Executive Officer of Ho Chin Soon Research the prices of residential and commercial properties in Iskandar’s Flagship A and B zones would…
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Gen-X: Stability, strategy and investing in property
Sometimes, when I speak to Gen-Xers about property investment, I have a feeling that they believe the best times have passed by. Many felt that today, everything is already too expensive and not worth risking their savings for. Perhaps they are right in some ways. This is especially so when they have just one property…
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Bangsar South? Reasons and choices
I was at Bangsar South’s Capri Hotel for breakfast the other day with a VIP. The cafe, Capricious was full of hotel guests and the VIP whom I was meeting told me that when he first started to stay in the hotel maybe about a year ago, this was not the case. There were not…