Category: Property Australia
-
UEM’s ‘hibiscus’ Aurora is tallest in Melbourne CBD
When your home market is cooling down, it’s wise to venture out into hotter areas. UEM Sunrise is doing this. It will be building a A$770 million (RM2.4 Billion) mixed-use development called ‘Aurora’ in Melbourne’s CBD. At 92-storey, the development will be the tallest in the Melbourne CBD and it will have an underground connection…
-
Property bubble? US$286,000 versus AUD660,000
When we google for property bubble under ‘News’, Australia is one of the first few one countries to be mentioned. Of course, no one has any idea if a bubble is forming and there are points supporting both sides of the debate. However, an article I read in The Sydney Morning Herald pointed out the…
-
Up in Sydney and Melbourne, Down for Perth
Thinking of Australia as your future country of residence? Specifically Perth? Good news perhaps. As per CoreLogic RP Data, the Perth property index eased 0.4 percent in June and annually has dipped nearly 1 percent. This is despite the fact that more established property markets like Melbourne and Sydney continue to rise up by 2.8…
-
Property investment? Time is essence.
Reported in a local English daily, Tan Sri Liew Kee Sin said, “I am already 57. Do I wait for 10 years? Or do I retire and just count my money? I have the skills and the people who have the skills and the expertise. Business is about taking opportunities.” He was referring to the…
-
Just 24 already a property tycoon. HOW?
When I was 24, I had just worked for 3 years after my first degree. Was still struggling to pay for flight tickets to visit my ‘potential’ in-laws then in Sabah. Fortunately, the potential is now a real one and my wife and I have been married for 12 years. 🙂 Well, for a…
-
Are you quite rich or ‘super rich’, yet?
I will not ask what’s your net worth. How about if I use another measure instead to know if you are in the ranks of the ‘super-rich’? Do you own a property in one of the following cities? Dubai, Hong Kong, London, Los Angeles, Miami, New York, Paris, San Francisco, Sydney, or Toronto. According to the…
-
Australian property? Take note of ‘what if’ 2017 bubble bursting
Reported in news.com.au on 22 May 2015. Lindsay David, founder of LF Economics has issued his predictions about the state of Australia’s property market. He said that there are clear parallels between Australia today and the US and Ireland pre-2007. “People think you’re crazy, but slowly but surely I see a lot more people coming around to…
-
Malaysia: good health care, lower living cost
In Malaysia, one can live comfortably for less than in Australia. I remembered a conversation I had with a Senior HR manager a few years ago. He said, “I seldom fail to convince any retiree to move to Malaysia and contribute to my company. The reason? As long as they are from America, I tell…