Author: Charles Tan
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Are buyers still browsing newspaper for new projects? My views.
In a newspaper report on 12th Sept 2014, the Property Industry Survey by the Real Estate and Housing Developers’ Association Malaysia (REHDA) revealed that 31% of properties in the RM500,001 to RM1 mil range were still unsold after completion in the past three years.The main reasons stated were because loan approval was tough and also…
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FIABCI Premium Property Showcase 2014 @ Penang
FIABCI Premium Property Showcase 2014 @ Penang is here. It brings with it a wide selection of premium properties and property investments talks this weekend, 12th to 14th September. Developers participating include Ideal Property, Hunza Property, UEM Sunrise and Mah Sing. This may not be the best show if you are looking for affordable properties but…
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22,500 affordable units to be built in Penang over 10 years
According to Penang’s Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo, a total of 22,500 affordable units will be built in Penang over the next 10 years. Thus, private developers should grab this opportunity to be part of the ventures. This is especially if the partnerships can be built between Penang Development Corporation…
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85% faced dropping sales in H1 2014, pessimism to persist till Q1 2015
85% of developers face dropping sales in H1 2014. This was revealed by Real Estate and Housing Developers’ Association (REHDA) Institute after their Property Industry Survey for H1 of 2014. As for H2 2014, 20% felt optimistic with the property market outlook. This dropped further to 13% for the first half of 2015, when goods…
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Developers and their profit margins, recent updates, Sept 2014.
There has been many rumblings that developers earn too much. If they are willing to lower their profit margins, surely the prices can be lowered. I think I agree on some parts, especially the marketing that they do. If they continue to use traditional mediums, without any doubt that part would be ever higher. Use…
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The 500th Article Milestone. 🙂
Actually, no one doubted me. None of my friends said that I would stop writing after a while. However, one close friend did say, ‘How to find so many things to write?’ Haha. Kopiandproperty.com reached the amazing 500th Article Milestone – 284 days after the first one. A very grateful thank you to anyone who has read…
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PR1MA – No Bank Loan? No Worries. Rent for up to 30 years.
During a groundbreaking ceremony in Seremban, another new enhancement for PR1MA scheme was announced by Prime Minister Datuk Seri Najib Tun Razak. For the applicants to PR1MA who qualifies but were unable to secure a bank loan can now rent for up to 30 years. This Rent-to-Own (RTO) scheme would be for potential buyers who could not…
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More attractive deal is welcomed, more details welcomed too.
No company would want to do a loss making business. This is true not just for private entities but even for Kuala Lumpur City Hall (DBKL). After all, if the deal is profitable, it helps DBKL to enhance its coffers or even allow it so save some expenses then why not? In a recent announcement…
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Publika Mall, Small enough and busy enough for me.
Within 4 weeks, today was my 4th visit to Publika Mall, Mont Kiara. Oh, of course I did not just visit one mall. Within the same period, I have also visited the following malls too. Berjaya Times Square, Pavillion Mall, AEON, AEON Big, Ipoh’s new Ipoh Parade and a few others too. You can see…