Author: Charles Tan
-
Affordability Availability: Penang Properties (Island).
Recently, just did some latest review of some of the latest available properties in Penang which are below RM300,000 and considered affordable. The list is non exhaustive but now sharing some of them here. Many people think affordable must always be primary properties. While primary property’s main advantage is due to newer design, cleaner environment…
-
Bubble is still brewing in Malaysia? – Some reasons given.
On June 28, M Shanmugam of The Star wrote about an interesting topic. His article reads, ‘Property Bubble Still Growing’. I am very sure he has done sufficient research as well as relevant property sector experience to have such an attention grabbing title. Normally, these ‘bubble’ title, if you go online would point to a…
-
Oxley Holdings, RM10 billion GDV, shoe box concept success
Shoe box concept means very small units of residential properties. According to Datuk Othman Omar the head of Oxley Holdings (Malaysia), the Singapore listed Oxley Holdings Ltd has been very successful in Singapore with the shoe box concept and they plan to bring this into Malaysia. They expect to launch three to four projects within…
-
GDV of RM3 Billion in Sungai Petani
Sungai Petani. Interested to buy a property there? My wife and I studied there for 2 semesters of our MBA programme until the UUM’s centre moved into the Kulim High Tech Park in Kedah. The last time I went into Sungai Petani was to meet a developer who had projects in Kedah. It has changed.…
-
Upward pressure on house prices are due to structural factors – BNM
In a report from Bank Negara Malaysia today (24 June), reported in The Star, it said that most of the house price increase can be explained by structural factors. Until to date, ‘demand continues to outpace new supply of houses by a large margin, particularly in the low to medium-priced segments and in major employment…
-
Potential 1,000 new PR1MA low cost homes cancelled, new plans?
A few weeks back, I read about Ivory Properties announcing that it has won the rights to redevelop Plaza Rakyat and that the GDV was going to be RM8 Billion. This is indeed a huge project for Ivory Properties which is one of Penang’s very own homegrown developers. I have personally bought one property from them…
-
Some famous property investment quotes from around the world
Many people say a picture tells a thousand words. In property investment, I would say do not be fooled by just the pictures. However, I personally love all the profound quotes which tells you in one line why property investment is good or why property investment should be considered or even why property investment is…
-
Saving Plans :- What you might not have heard ? – Part 2
In part one of Saving Plans: – What you might not have heard? we looked at the possible reasons why saving plans might be getting a bad rep. In part two let us look at the other side of the coin? Does saving plans have any merit then? Sure it does. Really it does! If…
-
Saving Plans :- What you might not have heard ? – Part 1
Recently I read an article about how saving plans were not what they seem and have “ripped” off many innocent people of their hard earned money. This jogged my mind a little as I have purchased a few saving plans of my own and even recommended them to friends. Am I part of an elaborate…
-
Pinewood, Iskandar, Marco Polo
What’s the possibility of a drama which is shown to the world being filmed and produced from Iskandar Malaysia? Apparently, it’s already happening today. Pinewood Iskandar Malaysia Studios (PIMS) is currently shooting a drama called ‘Marco Polo’ in Iskandar. No idea when this would be ready but if this is really true, then it is…