Category: Kuala Lumpur / Selangor Props
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National Housing Policy: What’s the focus?
When it comes to the property market, the 4Ps (People, Price, Policy and Preference) will always be in focus. When the issue is a national one, then the P (Policy) comes into focus. This is the only way to get both the public and private sector to work together for the benefit of many. National…
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Market is soft, yes. Right location and right pricing sells, still.
Developers are doing more to attract property buyers. Let’s not waste this window of opportunity. Selangor State Development Corporation (PKNS) held a media conference recently to announce their Mega Bonanza Promotion. I learnt that the acting CEO Norita Mohd Sidek shared similar thoughts as me and many property people in the industry. Norita shared to…
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What is uncertainty? These few things, maybe?
After I published this article: Uncertainty is never good for any market yeah, someone asked me if there are any uncertainties in Malaysia. Frankly? Yes. Recently, I was at Dato’ Seri Gavin Tee’s Property Forecast Talk 2019 and someone (a property investor) I spoke to thought High Speed Rail (HSR) has been cancelled. I corrected…
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Malaysian properties getting too expensive?
Every time someone tells me that property prices are spiralling out of control, I would just smile. It’s hard to debate with someone who has a totally different idea about property prices and affordability. Reminder. Property prices can only keep increasing when people could afford it. Here’s one earlier article. Key driver for property demand…
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Banks will loan, they just want to manage their risks
I think there has been some misconception about the banks in Malaysia. Most young people I asked would tell me that there’s no way they could get their loans approved. It seems like the bank is unwilling to lend. Their reasoning, ‘The rejection of home loans are so high!’ By the way, the banks are…
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Increasing sales for Eco World. To hit RM6 billion for 2019. How?
I think this article explains what I have been explaining to all my friends. The market sentiment is bad, everyone knows. However, when the right product at the right location and the right price comes alone, the demand will still be around. It’s like the whole smartphone market is not growing much but imagine iPhone…
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Bangsar South? Where’s that? (in future?)
Some time ago, there was a proposal for Bangsar South not to continue to be Bangsar South; name that is. Bangsar South back to Kerinchi, anybody? Well, it’s now official. Article in TheMalayMail.com here. The name Bangsar South first appeared around 7 years ago. (Yes, I know because I used to go to my former…
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Check your empty units, everyone!
These days, things happen very fast. A rental advertisement could be posted within a few minutes and deposit for the unit could be collected within the next 1 hour. One easy scam which has happened and reported? Someone advertising a rental rate which is way below the market. Some people called the ‘owner’ and believe…
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H1 2019 will see retrenchments in construction and property sector
If we have been following the news from the construction sector, we would know that the sector is reeling from some of the mega projects cancellation and postponement. One latest one was recent too: LRT 3 is important. Please manage it well. There’s another update about the employment in the construction and property sector. Here’s…