Category: Iskandar / JB Property
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Sales target cut last year, Overachieving target this year.
UEM-Sunrise’s branding advertisements are running on radio every day. I hear them every morning on Melody FM. For those who know the age group that listens to Melody FM, it’s ok. I admit. I am no longer as young as I was. Haha. Last year, due to the gloomy outlook, UEM-Sunrise slashes its sales target…
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Johor Bahru too expensive. Too many foreign developers. Too high rental.
I read an article online just few days ago quoting ONE (1) example of a buyer who has been saving for over 10 years but could still not afford one home in Johor Bahru. I wonder if Johor Bahru is really so expensive? Thus far I have not heard of my Johorean friends telling me…
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HSR: KL – Singapore, 7 stops in Malaysia, buy, buy and buy now?
The 7 stops in Malaysia includes Kuala Lumpur, Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat and Nusajaya. This has been confirmed by Malaysia’s Land Public Transport Chairman, Syed Hamid Albar. As written earlier, the meetings were as frequent as monthly. Constrcution could even begin within 2015. Possibly as soon as third quarter of next year!…
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Iskandar: Car wash business down because of new toll increase.
An interesting article caught my attention few days ago. It said that due to new toll rates on both sides of the causeway, the business of several cash wash outlets in the city have experienced a decline in business. It quoted one Bangladeshi worker as saying that business has gone down 50% or more. He…
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High Speed Rail (HSR) for KL – Singapore. 2015 Tender.
There were some rumblings about whether the High Speed Rail (HSR) would benefit Malaysia as much as Singapore. It is said that the project will benefit Singapore more. My personal view? As long as there are benefits to both countries and it is an enhancement in connectivity between two small countries when compared to Thailand…
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Slow transactions today? Upswing by end 2015 or 2016
Currently, transactions are slow. Very slow in fact. However, according to UEM Sunrise Bhd, an upswing will happen end 2015 or beginning of 2016. According to newly appointed managing director (MD)/chief executive officer (CEO) Anwar Syahrin Abdul Ajib, property sales in the affordable segment has slowed down and the toughest was the loan application part.…
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SEAPA Malaysia 2014 – Best Developer Award – Sunway Berhad
If you ask me what are the top three criteria I would consider before I buy a property, none of it would by the awards that the property developer has won. Seriously, I have not heard of many friends who buy a project because the developer has won lots of awards. If this is the…