Category: Kuala Lumpur / Selangor Props
-
Slowdown? Prices per sq ft increased for ‘strong interest’
This project ‘wrapped’ itself around The Star newspaper today (19 Nov 2015). It’s those cover wrap which costs a fortune to advertise. Yes, I think it’s part of the project launch advertising and promotion activity. The project is 8 Conlay by KSK Land Sdn Bhd. Well, luxury projects are having a bad time in Singapore.…
-
Landed homes for just RM356 psf by IJM in Klang
RM625,000 for a two-storey landed terrace? 20 x 70. With built ups of 1,751 to 2,021 sq ft and from IJM Land Bhd? Of course, let’s not expect this to be in Mont Kiara or even Kelana Jaya. This is in Bandar RImbayu in Teluk Panglima Garang, Klang. IJM said that ensuring relevancy in a…
-
Plenitude: Landed helps, high-rise deferred, GDV 12 billion
When I buy stocks, even the undervalued ones, I would always focus on those which are cash rich or low debts. The reason is because these would be companies that may withstand some slowdown, as long as they did not make a huge mistake in their business. One such company is Plenitude Bhd. For the…
-
It’s renter’s market, that’s why best to buy
Reported in The Star recently. An interesting property market thought by Siva Shanker, the immediate past president of the Malaysian Institute of Estate Agents (MIEA). He said that due to the oversupply of condos, the rental charged is likely to drop 20 percent to 40 percent. Many buyers are finding it hard to sell their…
-
Rejuvenate and enhance Bukit Jalil, get three pieces of land
Bukit Jalil Sports Complex has been around since the day I started working after my first degree. That’s 17 years ago. It will now be redeveloped by Malaysian Resources Corporation Bhd (MRCB) into Kuala Lumpur Sports City. It said that this will be a vibrant sports hub which will not only be accessible to athletes but…
-
Plaza Rakyat and another China developer, Debao
Another KL property news. Many Chinese (China) developers have set up huge development bases in Malaysia. It began with Iskandar but this has since moved to the Klang Valley. Recent one was Agile, with their Mont Kiara plan. Read here: Huge developer, big intention, starting with Mont Kiara One more was in the property news about…
-
MRT and the Ampang Park shopping mall
I really am not sure if all the retail unit owners within the iconic Ampang Park shopping mall are happy with the latest announcement that the Ampang Park shopping mall will now have a new design option and thus no longer need to be demolished. This is as per announced by the Mass Rapid Transit…
-
‘OSCAR’ night for developers, the FIABCI Malaysia Property Awards
It was the ‘OSCAR’ night for the developers in Malaysia. I was honoured to have invited to this prestigious event. Thus, I am writing this piece of property news with real life experience. The night was the 23rd Malaysia Property AwardTM by FIABCI Malaysian Chapter. There were 13 winners tonight including two individual awards, the Property…
-
H1 2015: Malaysia Overall Residential Property Market
Everyone said the property market is down, in terms of numbers. However, no one really knows about the actual numbers. Well, time to look at some real numbers. The chart below comes courtesy of Raine & Horne and the source is National Property Information Centre (NAPIC). The Malaysian property market actually hit its peak in…
-
KL118 to be built by Samsung and UEM – RM2.12 Billion.
I like KL118. Regardless of what the comments may be, I still like KL118. It’s like those who debated so much about Petronas Twin Towers’s disadvantages and yet today, Petronas Twin Towers is already an icon of Malaysia. Thus, I was waiting for more news about it and today I read in The Star that…