Category: Kuala Lumpur / Selangor Props
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Why are there SO MANY property advertisements in newspaper?
Today (20 June), I bought The Star newspaper and every 2-3 pages, there is ONE property advertisement. Total number of property advertisements? 17. How many did I remember? A few lah. Haha. There were also many from out of Malaysia. Don’t they know Ringgit is down and thus would be tougher for Malaysians to buy…
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Safety will always be utmost important.
Are crime rates increasing or decreasing? I think anyone who is reading this has already made a conclusion that it has to be increasing. There are a lot more of those robberies and petty thefts being circulated in the social media these days. This is the reason why many are trying their best to stay…
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Affordable units? 1,000 people per 44,000sf
According to wikipedia, a typical prison cell is 48 sf. Thus, if 1,000 people have to stay within a 44,000sf building, that means each person would have only 44 ft to themselves. This is smaller than a prison cell! Do not worry, if there are ten floors, then each would now have 440sf and if…
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Affordable not just focus of developers.
These days, developers whether big or small are focussing on affordable units. They are worried if they launch the more luxurious ones, it would not sell. They are right. For now, not many sane Malaysians would rush to buy anything which they think is overpriced. In fact, even retail sales is down. However, apart from…
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Sunsuria’s below RM400,000 project in Salak Tinggi
I personally think for any developer in Malaysia to say they are quite established, they should at least hit sales of RM 1 billion or higher per year. If they are able to hit this, it meant that their overall GDV per year is even higher. Instead of the usual top brands we see on…
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RM348,000 for a 12-square metre car park slot.
Reported in dailymail.co.uk was a piece of news which shows how ‘crazy’ some markets could be when it comes to just one car park spot. In north Sydney, in Kirribilli, one single outdoor car parking space was sold for AUD120,000 (RM348,000). The size of the space? 12-square-metre. Yes, just the right size for ONE car.…
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Landed residential 20 x 60 for below RM80,000.
Beginning June 5th, the following would happen in Negri Sembilan. The poor regardless of bumiputra or non-bumiputra can purchase landed residential 20 x 60 for RM80,000 or lower. Yes, this is not a fake news like some recent ones. This was announced and reported in The Star recently. A reader even dropped me an email…
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Huh? So negative still up 7% in Q1 2015?
Negative news everywhere. Yet, in Q1 2015, Malaysian home prices rose 7% versus the same corresponding period in 2014 according to Knight Frank Global House Price Index. Okay, the fortunate thing perhaps is that 7% up meant Malaysia is out of the top 10 highest growth property markets in the world. Based on a a…
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5 years, 5 malls, can market still absorb?
Many months ago, when Quill City mall was opened, a colleague remarked that this mall should not last long. His reasoning was because Quill City Mall was too near to the established and bigger ones in Bukit Bintang. Besides, the crowd during weekend would definitely be slow and many businesses may not last long enough…
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Huh? 30 percent sold by midnight before launch?
I had wanted to post a Facebook comment and picture here. However, on second thought, best not to show or else that person may suddenly become too famous. The news was about West Side III condominiums in Desa Parkcity for which 30 percent had been sold the midnight before the official launch! A close friend…