Author: Charles Tan
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Seremban, Mah Sing, RM7.5 Billion and Ipoh. Nice.
I have many friends from Seremban. In fact many of them and they share a common trait with Ipohans like me. We love our hometowns and most probably would love to retire there. The only setback would be if you have been in KL for your entire working life, would you be able to accept…
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Loan rejection, buyer quality, build quality and promises
Mah Sing announced recently about their RM3.4 Billion worth of development in both Penang and Kuala Lumpur over the next 5 years. Two of the projects would be located in Penang while another two would be in Kuala Lumpur. They are The Coastal (RM320 million) in Batu Maung and the Ferringhi Residence Precinct 2 (RM750…
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The beginning point, property prices and current scenario
Everyone knows transactions are down but prices are up. For Malaysia, it has been subdued beginning 2012. Recently (Aug 2014), in the Knight Frank’s Prime Global Index, Kuala Lumpur did enough to be ranked 19, ahead of cities such as Delhi (23rd), Mumbai (25th), Tokyo (26th), Hong Kong (30th) and even Singapore (32nd). The %?…
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53% of Gen-Y owns a property……. in Australia.
Realestate.com.au is a major property site in Australia. I think, by far the biggest. In an article by Emma Sorensen in relation to their annual Housing Affordability Sentiment Index (HASI) survey for 2014, it shows that Generation Y (born between 1981 and 1994) is buying property earlier than other generations. Out of those Gen-Yers who…
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Why is there a difference between current price and new launch price?
In my recent article on, Buying Penang properties? Affordability means RM600 – RM700psf., it received quite a lot of interest and it quickly became a top 3 article for the week. One particular person asked me, if this is true, then why are condos in Sungai Ara still below RM600 psf? Actually, all new…
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100,000 new units vs 140,000 new household formation. Prices up? Do not agree.
In Business Times (1 Aug 2014), REHDA’s new President, Datuk Seri FD Iskandar Mansor said that property prices will continue to rise because of the lower supply versus the higher demands as well as high land cost. According to the National Property Information Centre (NAPIC), the average housing completion was 100,000 units against the average…