Category: Kuala Lumpur / Selangor Props
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Patrick Grove and Kuala Lumpur Internet City. RM5 billion GDV.
Patrick Grove is a familiar name in the online scene in Malaysia or perhaps the region or maybe even the international scene. He is the founder of Catcha Group and his latest venture is iFlix is valued at around US$500 million (RM2.218 Billion) (TechCrunch article here). When he sold iProperty to Newscorp, it was valued…
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First half 2017 volatile. Second half good time to buy?
We have been hearing of how affordable homes are the ones which are moving or in demand by majority of buyers today. Luxury ones are not that marketable due to lower demands. Developers love to build affordable these days Here’s an article from iProperty about reasons for a volatile first half of 2017 and a good…
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Press Release by IOI Properties on handover of multipurpose hall to MPSJ
Press Release by IOI Properties Group Berhad: Handover of newly constructed multipurpose hall to Majlis Perbandaran Subang Jaya (“MPSJ”) — start — IOI Properties Group Berhad (“IOIPG”) officially handed over the newly constructed multipurpose hall to Majlis Perbandaran Subang Jaya (“MPSJ”) in a handover ceremony at Bandar Puteri Puchong today. The official handover ceremony hosted…
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Eco World: RM955 million sales within first four months
Full article about the latest results for Eco World here. The sales achievement for Eco World looks good. Within 4 months, it has already secured RM955 million sales and this is 57 percent higher than the first four months of 2016 (RM607.8 million). Out of the RM955 million total, RM797 million was for projects in…
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294 units launched and sold out in 2 hours?
Many friends love to ask me this question.Project A can buy or not. Project B can buy or not. Honestly, I have no idea because I do not follow every project being launched in the market. Perhaps one day when I am retired, I would have the time. For now, I work 5-day week and…
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SP Setia’s Cenderawasih – Rumah Selangorku – Registration starts
LATEST UPDATE received just few minutes ago. The event will proceed as planned. SMS as per image. If needed, call the number stated for more information. Cheers. LATEST UPDATE: The Event is Postponed. Message: Setia Eco Templer’s Launching and Registration ceremony for Rumah Selangorku has been postponed to…
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Funny questions answered with questions
This happened in Penang. My good friend who’s a manager in a real estate firm shared with me about a conversation during a recent property show in Penang. One potential investor asked about a certain development in Penang. My friend Mr. V shared about the development and why the investor should consider buying a unit.…