Category: Kuala Lumpur / Selangor Props
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MRT Line 1, phase 1 trial begins in October 2016
We have a few more good news, especially for all the areas covered by MRT Line 1. I meant these stations. First up is that the trial for Phase 1 of the Sungai Buloh and Kajang (SBK) will start in October 2016. Yes, that’s just slightly over 2 months more. Malaysia enters MRT era. According to Mass…
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11 Billion GDV in KUNDANG, by Gamuda Land
One colleague who’s active in cycling and hiking was telling a few of us over lunch that one of his favourite place for hiking called Kundang would be developed. I looked at him and asked, ‘Where’s Kundang?’ Haha. Yes, I really did not know. Take a look at where Kundang is in the image. Using…
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RM1.4 billion new launchings in H2 by Naza TTDI
I personally remain skeptical that sentiment can suddenly turn positive because of a cut in OPR by 25 basis points. However, this cut will help to convert a few people who were still considering into buying a home and I think this is what our BNM governor have in his mind. It will also allow…
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Lower GDP growth for Malaysia expected for 2016
GDP growth is a very good barometer for the property market. Especially so for the major cities here in Malaysia. Would anyone dare to buy KL properties if the economy is in negative zone? Well, 2016 is going to be ‘slower’ year for Malaysia according to AffinHwang Capital Research. As per reported in NST, it is…
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Rawang real estate with the largest mall in Malaysia
My wife said Rawang is very far away 3 years ago when we were scouting for a new condo. We were looking for a bigger place after staying in Kelana Puteri for 1 year. I had just moved to KL over three years ago and moved in to Kelana Jaya which I had bought many…
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LRT with a sudden boost in ridership needs to keep up
I believe public transport will help elevate more secondary areas into ‘acceptable’ and in future to be ‘desirable’ locations. This is so important for some of us who could not afford expensive properties and yet wants a home sweet home. We should not only have those few loved areas all the time. This is Klang…
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More home loan applications in May 2016, recovery has started?
Many investors, the cash-rich ones are always on the look-out for good deals. First-time home buyers needs more enticement but perhaps May 2016 is a significant month, if the trend continues. Reported in TheSundaily, there is an increase for the first time in 16 months for “Applied Loan for Purchase of Property”. Data is from…
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Bandar Puteri Warisan by IOI, a comfortable home in Sepang
I have no idea where Sepang is until the announcement that the Kuala Lumpur International Airport (KLIA) will be located in Sepang. That was also when I learnt from my uncle who stays in KL that Sepang is a little town very far away from Kuala Lumpur (KL). He said he could not understand why…
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Is this the starting point for crazy parking space price?
How much can ONE (1) car park slot be worth? Well in some places, it could be so expensive that just buying that spot is already like buying a secondary condominium here in Malaysia. Read here: RM348,000 for a 12-square metre car park slot In Hong Kong, a car park space in the CBD may…
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41,990 sq ft land next to Berjaya Times Square RM3,300 – RM3,500 per sq ft
A good friend commented the other day that the number of property transactions are going down because the economy is very bad. I reminded him that the economy is far from ‘very bad’ but sentiment can definitely be classified as ‘bad’ plus negative too. His wife disagreed with him too and said in fact, this…