Category: PropTech FinTech etc
-
1,000 jobs to go because Online is the future
In a report in a local daily newspaper dated 2 July 2015, it was announced that over 1,000 jobs may be cut because of the continuous reduction of people watching traditional TV in Britain. British Broadcasting Corporation (BBC) will be cutting more than 1,000 jobs as part of a long-term savings programme. Main reason? Viewers…
-
The aging newspaper and the gaining online
When you want to browse for properties to buy, which site would you go to? If you want to know what’s the latest transacted prices for a certain area or property, where do you go to? If you would like to read about property news, which would be your main site? How about property blogs,…
-
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…
-
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…
-
News Corp, The Wall Street Journal and iProperty are now related
Anyone who’s thinking about property investment or buying first home would have heard of iProperty. This is an online company in the real estate industry seeking to replace the traditional media which has been loved by developers for the longest of time. In Malaysia, when you think about searching for properties, typically you would only…
-
Property market is slowing. Agree. However, there are today MORE interested people.
Last year, during the The Star property fair in Penang there were around 39 developers / exhibitors participating. Actually, in terms of numbers this has gone down. I remembered the last one that I went, there were easily 50 over booths including my former company which had a prominent one too. Perhaps this reflects the…
-
Most of everything is just a click away, online.
Long time ago, when you want to take a loan, you would either choose a bank you trust the most or you use a lot of your precious time to listen to different bankers tell you why theirs would be the best choice for you. Today, if you are still doing that, there’s nothing wrong…
-
Online Property Site and Online Buyer’s Club?
I saw something very interesting today in PLTM’s facebook postings. Iproperty has a new programme called Iproperty Buyers Club. How does it work? According to the website, the reason why they are starting this is because they want to give the best to their customers. They have the network to do so and that they…