Author: Charles Tan
-
Forest City, RM175.8 billion, 20 years and eight core industries
There has been many news about Forest City earlier. The latest one is a good one. As per reported in Bernama. It has been formally unveiled by Country Garden Holdings Co Ltd, a Hong Kong-listed property developer. While not reported prominently, I think the following points are very important for the whole 1,386.05 ha which…
-
e-Bidding in High Court of Malaya and ‘jobless’ auctioneers
I have a few auctioneer friends. They take their profession seriously. There are also many friends who buy mostly auction properties and have benefited a lot from it due to the potential for an extremely undervalued property being put up for auction. Another friend is now quite famous, as a speaker about how we can…
-
Property prices dropping…. No demand, more supply
I think all of us have read about the probability of property prices dropping further in 2016 after a lacklustre 2015. So, how many percent should it be dropping? If you ask me, my answer is, does it really matter what’s the percentage? The reason is because the grossly overpriced ones would have to drop…
-
BOVAEA: Even more illegal brokers in Malaysia
What’s really happening to the real estate negotiators in Malaysia? Well, they seem to be facing threats after threats. Slowing market meant that potential sales has gone down. More efforts needed but lower closures. Many have changed their full time job as Real Estate Negotiators (REN) to a part time one and taking up another…
-
In a slowing market, sanity returns. How true.
Market is slow. Everyone knows. I already have one agent friend who could barely make ends meet and is now a UBER driver. The net pay may not be huge but it gives certainty. With more people on a wait-and-see mode, demand has slowed and with supply still continuing, more choices are available and property…
-
Penang: Eco World’s Eco Meadow show units are open
This coming weekend, I have been invited to “A Clean Car is a Happy Car” event by Eco World for its project Eco Meadows. I think for developers, it’s always good to try something new when we are engaging our potential customers. Remember there was one many months back by one developer where buyers who…
-
Malaysia’s property prices should continue rising
Whenever anyone tells me that the property market of Malaysia is entering a bubble stage and it should burst in the future, I always tell them that there is definitely such a possibility. However, Malaysia’s property market should not be the first to burst when we look at the availability affordable homes versus the very…
-
“Ya Bi” – New malls, new investment destination
Did you know Kota Kinabalu is also a property destination for many people since many years ago? Yes, “Ya Bi” is just the mandarin name for Kota Kinabalu. Let’s talk about their malls scene today. Do you fancy shopping in Kota Kinabalu? Anyone who’s been to Kota Kinabalu over ten years ago would have shopped…
