Category: Kuala Lumpur / Selangor Props
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Rental data for property market Klang Valley by October
After my talk at the recent Havoc Hartanah KL 2016, a real estate negotiator sat down for a glass teh tarik with me. He was from a leading real estate agency in Malaysia and he asked me if there are still units which can provide positive yields. He has not come across any! In other…
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Ultra-high net worth Malaysians loves properties
I was having a discussion with a group of close friends who happened to be property investors as well. One of them told me of a friend, Mr. B who seems to be buying properties non-stop. Mr. B happens to be a Malaysian working in China and earning US$ currently. That’s great news because this…
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UEM Sunrise lowers target for 2016. Now at RM1.5 billion.
Launching of new properties are getting slightly slower these days. Perhaps that’s because the current ones are still in the market. It certainly takes more effort to sell compared to previously. Some developers are adjusting their targets upwards and some like Sime Darby Property is setting a target of RM3 billion target by Sime Darby…
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Property tips from a man with 170 properties.
I read some tips from a man, Nathan Birch from Australia who owns 170 properties in Sydney Morning Herald and I think it’s great to share his few tips here. I think they are good because we may be a little lost, a little blind, a little naive when we first started. Property investment is…
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When rental falls, so too would property price
Do you believe the condo rental is dropping even for units with KLCC views or nearby KLCC? Let’s look at Singapore first. According to Singapore’s major newspaper The Straits Times, prices of high-end condominiums in Singapore continues to drop and the major reason is because of falling rents. It gave a new examples such as…
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KL: No approvals for new office except for own use
KL is said to be facing an oversupply offices. This is especially with another 118-storey tower coming up. Read here: 118 is higher than 88 definitely, but Perhaps this is the reason why the Federal Territories Deputy Minister Datuk Loga Bala said that new office building projects which are not for own use will not be approved.…
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Forming a joint management body is essential, really.
How many of us would strive to take care of our own belongings? What about taking care of other people’s belongings? Well, I would do my best for the former but for the latter, it depends on a lot of things. What if I tell you that by taking care of what we have really…
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RM100 per month, 190 rooms, max of 18 months.
[Header image from NST.] Yesterday in a talk in Sunway Pyramid, I asked the audience about the home size which they could accept, assuming price is becoming such a huge issue that the size of homes must be made much smaller. The smallest answer I got was 400 sq ft. I showed them the image…
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Survey: Property investment still attractive but recovery takes time.
Whenever it comes to property investment, it’s best that we make our own decisions and not follow others blindly. However, before we make that decision, it’s always good to note what the majority are thinking about the property market. Let’s take a look at a recent article in The Sun Daily highlighting some conclusions from…
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RM3 billion target by Sime Darby Property with new launches
As a company, Sime Darby is well known as a palm oil producer not just within Malaysia but in the world. As per reported in Nikkei Asia Review recently, Sime Darby is the world’s largest palm oil producer by acreage. For the period of July – December 2015, it’s property arm contributed 5 percent of…