Author: Charles Tan
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Branded developer and the exclusivity
There has been many contests by many branded developers. Some offer money, some offer luxury cars and recently one is offering a RM1 million voucher which can be used to buy their project. Some may say that this shows that the market is slow, thus the developers are trying to do more. Some truths but…
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Jalan Ipoh, yes, affordability still present.
The headquarter of the first company I joined was located along Japan Ipoh. On and off I would fly down from Penang to KL for meetings. That was 16 years ago. Then, I felt that the houses or even offices there were not that modern. In fact I felt the area was a little dated.…
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SP Setia: 800sf – RM170,000 and 900sf – RM200,000
Nope, that’s not a typo. It’s really the SP Setia with their Rumah Selangorku project. Slated to be launched soon. The smaller unit of 800sf would be priced at RM170,000 and the bigger one, RM200,000. I think, the bigger unit would be much more popular in this case. In a recent press conference, SP Setia…
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Great problem Penang; too many affordable homes, soon.
Reported in an English daily, Penang would soon have way too many affordable homes. When there were not enough, everyone shouted and wanted more units made available. When there are now up to 34,608 units worth RM7 billion coming up within 3 to 4 years, suddenly there’s way too many? According to the report, 15%…
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Need more profits? Just become a developer.
I always smile whenever I read about non-developer listed companies announcing to the world that they are going to do property development. It will help to increase their profits. Truthfully, what happened to their core business? Why is the core business not doing as well nowadays? Is it because they are no longer competitive in…
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Just 24 already a property tycoon. HOW?
When I was 24, I had just worked for 3 years after my first degree. Was still struggling to pay for flight tickets to visit my ‘potential’ in-laws then in Sabah. Fortunately, the potential is now a real one and my wife and I have been married for 12 years. 🙂 Well, for a…
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Why are there SO MANY property advertisements in newspaper?
Today (20 June), I bought The Star newspaper and every 2-3 pages, there is ONE property advertisement. Total number of property advertisements? 17. How many did I remember? A few lah. Haha. There were also many from out of Malaysia. Don’t they know Ringgit is down and thus would be tougher for Malaysians to buy…
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Safety will always be utmost important.
Are crime rates increasing or decreasing? I think anyone who is reading this has already made a conclusion that it has to be increasing. There are a lot more of those robberies and petty thefts being circulated in the social media these days. This is the reason why many are trying their best to stay…
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Penang’s “affordable”, branded and not so low density
Long time ago, when I bought my first condo in Penang, a friend asked me why would I buy such a high-density project. The project’s name was Regency Heights in Sungai Ara. I laughed it off and told the friend that he should take a stroll inside before concluding whether it’s high density or low…
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July is near, even more fears?
Yes, two more weeks, July starts. How are you feeling today? Negative because of all the news about potential of Malaysia’s rating dropping to BBB by Fitch Ratings beginning July? Negative because all the stocks you bought few weeks ago are all at their new lows? Negative because there are news that the job market…