Category: Kuala Lumpur / Selangor Props
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You pay now… or we will seize your assets!
Actually, I have written about this a few times but I think it’s worth giving everyone another ‘scare.’ I meant well. We do not want those people who continue to think that there would be no enforcement anyway. This is Malaysia? Wrong. It has been happening and it will now continue to happen. Failure to…
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China and India? More will visit Malaysia in 2020. They need accommodation yeah…
I personally agree with the visa-free idea for 2020 for China and India (alphabetical order…). The two most populous nations in the world. Counting just slightly over 1% of their (China and India) population is already equal to the total population in Malaysia. Lets be pragmatic yeah. Even better, both are firmly ASIAN too. Both…
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Improving property market? Unwanted properties still unwanted? Asking prices trend?
Earlier article showing that transactions wise, we may have turned the corner for the second year in 2019. Property transactions are still going up However, not many I spoke to actually has read about this positive development apart from the usual prices too high, market very slow and economy already in trouble. Haha. About the…
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Just 3 workers and 14 days to build a 6,088 sq ft building. Serious!
How many workers do we need to build a home for a family? Say a 20 x 70 terrace house? Well, what about a building of 6,088 square feet? What about cranes and other construction machines? Probably, the better question to ask before we get a good answer is how long would the given duration…
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Low profit margin and assets valued at multiple billions?
Sometimes, we look at the the price of a certain product during a sale and we know that it’s IMPOSSIBLE that the product could be priced so low. Surely the seller needs profit? Well, it may be sold at a loss and this is actually a real marketing strategy adopted by many, especially when competition…
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Do we want a high or a low inflation? (I wish for more time…)
Inflation is a very common word. Inflation caused prices to go up, thus purchasing power is reduced. By the way, inflation is also one of the reasons why we receive increments of a few percent per year. If prices of goods remain exactly the same; without any inflation at all, there is really no need…
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Bandar Malaysia may cause even higher oversupply?
I do not subscribe to the notion of unsold homes equal to oversupply of homes. The reason is very simple. More than half of all my younger friends do not own a home yet. When asked if they would like to own a home, the answer is a firm, YES. When asked where is the…
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Property prices to go up SIGNIFICANTLY in 2021?
Honestly, I do NOT believe the property bubble crash predictions. I prefer to look at the potential signs by myself instead. Even if I may not be right all the time, I also do not look too highly at predictions by property people or even academicians. The signs? Read here: Understanding 3 property bubble signs…
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GDV of RM140 billion within Kuala Lumpur is a go-ahead, officially. Details?
It’s a go-ahead and it’s positive. Official signing ceremony viewed by our Prime Minister Dr Mahathir Mohamad. Also present were Economic Affairs Minister Mohamed Azmin Ali, Finance Minister Lim Guan Eng and Transport Minister Loke Siew Fook. The consortium will include a major Chinese company and the GDV is estimated to be RM140 billion! Land…