Category: Kuala Lumpur / Selangor Props
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RM200 million worth of properties sold within the MCO by Sunway Property
Wow. RM200 million yeah. Just during MCO. Do read their media release below for more information and perhaps even dropping by and asking their sales people on some of the popular developments people buy during the MCO. kopiandproperty.my is not part of their digital campaign though I have seen some google adsense banners on kopiandproperty.my…
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Property investment? 4 BAD reasons. Real ones, not for fun.
No need to ask if the founder of kopiandproperty.my loves property or not right. My blog is all about property. However, it’s not all good about property. Later I share 4 BAD points with you. I still love the stock market even if I have just become active again recently. I also trust the unit…
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It’s morning in Kota Bharu. Let’s lunch in Putrajaya. Possible?
At the moment, it’s not possible to have breakfast at 7am in Kota Bharu with your best friend and then give him a surprise lunch in Putrajaya. Take a look at the image from google map below. The fastest travelling time is 6 hours and 36 minutes and if you prefer to take it slow…
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City of Elmina driving revenues for Sime Darby Property
Media release: SIME DARBY PROPERTY REGISTERS REVENUE OF RM476.7 MILLION IN Q12020 ARA DAMANSARA, 21 MAY 2020 – Sime Darby Property Berhad (“Sime Darby Property” or “the Company”), released its first quarter results today which saw the Company registering a revenue of RM476.7 million and profit after tax and minority interests (“PATAMI”) of RM14.2 million…
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Not an easy time for developers. Results are affected.
We occasionally read about some developers receiving some bookings when they launched their properties online even during the COVID-19 period. Frankly, even if the numbers look okay, this is still a very small representation to the whole property market. Current times are not the best times, especially for property developers. Sales galleries, even if they…
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Real Property Gains Tax (RPGT) and the potential ‘push’ to the property market.
Nope, no one has announced anything yet about RPGT. I recently gave my views to Focus Malaysia. (read here) Yeah, I think one major issue everyone has is with the 5% RPGT which is forever… So, how? Stop buying properties even for KL and Selangor where urbanisation is happening daily? Maybe slow down a bit…
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Déjà vu in property market Malaysia?
This interesting description Déjà vu is described as such by wikipedia: Déjà vu is the feeling that one has lived through the present situation before. The phrase translates literally as “already seen”. Although some interpret déjà vu in a paranormal context, mainstream scientific approaches reject the explanation of déjà vu as “precognition” or “prophecy”. I…
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Profits are down. A sign of time, perhaps.
If we want to understand how is the overall stock market doing in the U.S, we may want to refer to the DOW 500 or the S&P 500. It is considered a representation of the over 4,000 publicly listed companies there. Here in Malaysia, it would be our FTSE Bursa Malaysia KLCI, also known as…
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No one is buying property. Incorrect. Please also see secondary.
There are friends who told me that the property developers are all in trouble. Just look at the property market. No one is buying any property. By the way, this is not true. Do ask your friends who are in the senior management in property developers. Of course, the property buying today or even these…
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Home ownership should just remain home ownership. Period.
Sometime back, I was speaking to a young crowd. It was a JCI event. Most of the people in the room were 10-15 years younger than me. I reminded the crowd with this statement, “Imagine, all of us in this whole room buys a few properties with ZERO down payment. Have you ever wondered what…
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Uncertainties really do mean opportunities? Are you sure?
IF ONLY. “If only I listened to you and bought that unit a few years back.” Actual sentence from a primary school mate a few years after he failed to buy a condo unit at RM295,000. I told him RM295,000 is a very good price and it is unlikely that he could find such a…