Category: Kuala Lumpur / Selangor Props
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Positive news. Unbilled sales RM650 million and RM612 million new projects ready for launch in FY21
There’s many not-so-positive news about the property market. How about a dose of positive news from a property developer, Glomac Berhad which I think could represent some of the medium sized developers listed developers in the market. Glomac was established 32 years ago in 1998. Happy reading. Press Release: Glomac Closes FY20 with Sales Of…
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Kwasa Damansara is now FAST-TRACKED.
If you do not know where is Kwasa Damansara, it is in Sungai Buloh or we could also say next to Kota Damansara. It is a huge development project of 2,330 acres on the former land of Rubber Research Institute of Malaysia and I think it’s safe to say that they really does need that…
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Higher interest with the property market despite COVID-19
Press Release: iProperty.com.my Consumer Survey Reveals Encouraging Property Seeking Trends Among Malaysians Despite COVID-19 ? 44% of survey respondents were looking to purchase a property before the announcement of MCO. ? Property purchasing interest was not adversely affected by the MCO as the number of home seekers looking to buy properties after the announcement of…
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Knight Frank: Mature industrial areas to see more redevelopment activity
In many advanced countries, the term redevelopment is a common development plan. The reason is a simple one. While it’s possible to build ever further away but nothing beats the convenience of having the new development within the mature areas. This is where older developments which are no longer needed are redeveloped into something in…
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Uncertainty is not a good sign, that’s why we need to do something about it.
I shop online every other day. I have also started to visit malls again here in Selangor / KL. However, when the question arises as to whether I would stop visiting retail stores or only order food deliveries, the answer is an easy one, NO. Then again, not everyone is like me I guess. There…
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Wow… lots of information for us to start investing.
At 9pm (9th July), just on my FB, I could see all the below FB LIVEs and all of them are property related. To some, this may seem like too many. To me, I think this tells us that everyone will continue to become ever more competitive with all these to capture as large an…
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Overnight Policy Rate (OPR) has been reduced further by BNM.
This is BNM’s Press Release. In brief, another 25 basis points and now the OPR is at 1.75%. Happiness for home owners who are still paying (including me who owns a property here in Greater Kuala Lumpur) but would be a further reduction in returns of those who rely on Fixed Deposits. Well, hopefully this…
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How many of us could save RM336 / RM788 / RM1,386 per month for the next 30 years?
If we work for 30 years and we save money without fail every month for 30 years, how much do you think we could save? Well, if we could save RM336 per month for 30 years, we would have RM121,000 at the end of the 30 years. Perhaps by then, the value of RM121,000 is…
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Here are just 5 reasons why the new norm cannot be to abandon the offices and just WFH.
Too many people kept saying that new normal means everyone and most companies will now abandon their office and will now push towards working from home. After all, companies could save on rentals… right? Employees meanwhile could continue to be very productive when working from home versus facing traffic jams daily…right? My personal opinion remains…
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Banks could extend the moratorium if they choose to. Two have responded.
Do you like the moratorium of 6 months? I think majority of Malaysians do. The moratorium of 6 months specifically for home loans until end September 2020 brought financial relief to many. It gave a breathing space to those who may have lost their job and is now struggling to find a new one. No…