Author: Charles Tan
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My favourite store, IKEA. Whether or not I am renovating.
Has anyone who’s renovating their new home NEVER visited IKEA? Even if not buying actual stuffs, for the inspiration? I have not bought many things from IKEA. I feel that some of the items are really expensive and there are cheaper options. However, I bought a sofa bed recently and I can safely say that…
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High Density, 1,244 units, 85% take up though starting from RM561,800.
Many people said they prefer lower density condos. I told them, as long as it is well designed you should seriously think about higher density condos as well. For example, 600 units or above is also considered okay. I was talking about secondary properties but today Mah Sing showed that with a good brand, a…
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Affordable homes just got cheaper, if this comes true.
Reported in The Malaysian Reserve today (15 Aug) was a very interesting piece of news. Would you be interested if the total cost of construction for new properties can come down 40%? Before you think about RM500,000 homes becoming RM300,000, do note that the 40% is on cost of construction. So, translated into gross amount,…
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Property Prices, Prime Locations, Embassy Land Sale
Within the past two years, a few embassies have sold the land for which their building is on. The British High Commission sold theirs for RM294.97 million or RM2,200 per sq ft. Total land size was 1.22ha. (131,320 sf) It’s in Jalan Ampang. The German ambassador’s residence in Jalan Kia Peng is being valued at…
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GST within few months, commercial properties and why GST
I do not own any commercial property and have no plans to buy one anytime soon. However, for those who currently have one, perhaps you may want to know that if the commercial building is not completed by 31 March, GST will be levied. Of course, not the whole project but only on the uncompleted…
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iProperty, still losing money as at H1 of 2014.
When I first joined my former company, I gathered the staffs and told them the story of online companies and why majority of all online companies fail. For any online company at all, the most expensive expenditure is on technology and manpower. Instead of buying materials when there are orders, online companies either break-even within…
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Facilities for disabled, come on just do it developers, whoever you are.
It was reported that Kuala Lumpur City Hall (DBKL) will be serious in ensuring contractors and developers meeting the latest guidelines on providing accessibility for disabled persons in new development projects in Kuala Lumpur. This is as per the standard by the Department of Standards Malaysia. Kuala Lumpur mayor Datuk Seri Ahmad Phesal Talib that…
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28BLVD – first 500 units, 80% sold. Affordable Small Units.
After my article on shoe box unit by Oxley Holdings, a friend from the industry sent me additional information about another affordable development in Pandan Perdana. Personally, I am not an advocate of small units but if they are affordable and it meets your requirements for a roof over your head instead of renting all…
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Condo in Bintulu; The Peak. Get to know it firstlar.
I have been to east Malaysia many times. Kota Kinabalu, Sandakan, Kuching, Miri, Tawau and many more. I have never been to Bintulu. I hope to be there one of these days. Seems that there are much growth there. Recently, I read about NAIM Land Sdn Bhd’s successful launch of their ‘The Peak’ condominium project in…