Category: Kuala Lumpur / Selangor Props
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Down 20% up 45%, down again by 20% and up again by 45%
According to Raine & Horne Malaysia (Penang) senior partner Michael Geh, during the 1986 recession, property prices dropped 20% over a two year period but during the seven year upturn after that, prices went up 45%. This was seen again during the 1997/98 Asian financial crisis where prices went down 20% but rose by as…
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Property Investment? Buy ‘Beranang’! Where is that?!
Two years ago, a close friend asked if she should buy Beranang since SP Setia has started to buy land in Beranang. That was the first time I heard of Beranang. Recently, it was reported that Eco World is planning a RM3.5 Billion project in Beranang with the purchase of a piece of 492 acre…
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2nd Casino License and ‘A right of first refusal’
A few weeks ago, Tan Sri Vincent Tan said that he would like to apply again for a casino license and that he would want to spend RM3 Billion to build it what would include a casino complex, indoor and outdoor theme parks, food and retail outlets, hotels, a convention centre and holiday homes in…
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IOI City Mall, New Tenants and Opening Nov 2014!
I love new malls. Even if I may only be going there once, it is okay. Another new mall is opening in November 2014. IOI City Mall. Ever wondered why they use the word ‘city’? This tells us that these malls serve the community nearby the mall. Typically these malls are built within an integrated…
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NEW highways, NEW developments, SURE objections
Another article was published in The Star newspaper on 2 July 2014 about the 6 new highways being built but benefiting few. It said that this is the question being asked by the residents affected by the projects. Some reasons mentioned include the fact that it cuts through some forest reserves, cuts through old housing…
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Luxury Condo bargains within 6-9 months, 5,000-6,000 units to enter the market
Everytime anyone asked me about buying condo, my advice has always been, if you buy for your own stay, buy one which you like, even if it slightly premium compared to another one which is further and meeting 90% of your expectations. However, if you are buying for investment, strive for rental first instead of…
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Sime Darby Property, Eastern & Oriental, Elmina West
City of Elmina is a project by Sime Darby. This is a project which Sime Darby said in its website that you will get to know your neighbours by their names. This is also the place where you spend your weekend outdoors and get back the right life balance that you have missed. Here is…
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40 years later – Malaysia property market in my personal view
This article was rewritten and published in the showguide of MAPEX JB 2014. A reader of kopiandproperty.my asked me for my views on the Malaysian property market 40 years from now. A very interesting question indeed. Unfortunately, I do not have a crystal ball to allow me a glance into the future. However, based on…
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MX-1 winner, RM7 billion GDV, MRCB.
To those who remember my earlier article, RM3 Billion town centre in RRIM, 6 developers were shortlisted as the finalists for the first parcel of land in the massive Kwasa Damansara project which is being positioned as the largest township development in the Klang Valley. The size included Guocoland Malaysia Bhd, Putrajaya Holdings Sdn Bhd,…
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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…