Category: Kuala Lumpur / Selangor Props
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Surprised? Malls start to show vibrancy again.
Malls for me will be a great sign of whether we are recovering or are we in another crisis. Do note that when a crisis happens, unemployment becomes so acute that even when people have money to spend, they dare not spend for fear of what’s happening next. Here’s a latest one from my latest…
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Last weekend, I spent RM500. This week, Genting posts huge losses in Q2. THINK.
When was your last trip up Genting Highlands resort? Resorts World Genting was opened in 1965. That’s in the year of Snake according to the Chinese Zodiac. 12 years after that, I was born. 36 years later, my daughter was born. Haha. When I was younger, I used to go up once probably every few…
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Why do we need a Residential Tenancy Act?
Did you know that everyone may be signing a totally different tenancy agreement today when we rent a home? Depending on negotiation power, the agreement may be extremely lopsided to the owner (most of the time) or the tenant (sometimes). If we have a Residential Tenancy Act, then there is no need for anyone to…
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Why we may not want to push prices down for everyone.
There were debates and there are still debates even after vacancy tax has been put on hold. The argument for vacancy tax is that it will force developers to be more stringent with their assessment before they build or price their products. This will help the market to have a more controlled supply of properties…
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Warning. You rent it out or We will rent it out.
Barcelona is forcing the landlords to find tenants. Else the property will be redeployed as affordable housing. Rental versus good rental If you own a property, would you want to rent it out at a good monthly rental? I am sure you would love to. Then, why are there some people who are not willing…
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Zuraida: We will find other ways instead for unsold property solution
Unsold properties are slowing down the market recovery. In fact it gives a negative perception that there’s oversupply which is not true. There are still by far more Malaysians without a home needing a home. Just that they could not find one which suits their preference and financial capability. Unsold properties also meant that some…
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SO FAST. Vacancy tax coming in 2021, probably.
Vacancy tax is coming if we read all the signs from the many articles in mass media (and blog..) Is vacancy tax truly needed? This was an earlier article on vacancy tax: Vacancy tax will crash the property market? (click to read) Perhaps a better question would be is vacancy tax truly needed for property…
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Desa ParkCity- How It Became The Most Desirable Township in KL
Press release: Desa ParkCity- How It Became The Most Desirable Township in KL Similar to the history of Kuala Lumpur itself, the 473-acre Desa ParkCity (DPC) emerged out of a barren mine to becoming the city’s first-ever new and popular urbanist township. First unveiled in 2002, the township first made its mark through its innovative…
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Selling ONE home and appointing MANY agents, is this better?
You may skip this article if you do not understand Bahasa Malaysia yeah. I missed this because no one told me about it but I think my sharing should be shared with more people. When we intend to sell our home, appointing many, many and many real estate agents really does NOT mean you can…
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Alarmed? Vacancy Tax will crash the property market?
Thoughts? Vacancy Tax will crash the property market? What is a vacancy tax? Well, this is a tax levied to developers who were unable to sell their properties upon completion of the project. Okay, one may wonder, if they have not fully sold the whole development, why did they fully complete those properties in the…
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No. No longer just ant vs grasshopper story
The Ant and the Grasshopper. If you like to know what’s the ant and grasshopper story, this is the story of the hardworking ant and the lazy grasshopper. The ant works hard everyday, saving up food for the coming winter. Grasshopper did not because food was still aplenty. When winter arrives, the ant has enough…
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Not built, so compensation will be paid for PR1MA developments.
Anyone here bought PR1MA projects and is today staying in one? Please share your experience yeah. What about those who bought and is now informed that the PR1MA project is cancelled? Well, for those projects which will not be proceeding, compensation will be paid so that the government reduce their losses. Yes, I do wonder…