Category: Property Sabah
-
RM2 billion of savings if state takes over federal project.
Save money and not spend excessively. That’s the right message for all. Pan Borneo Highway is a very important connectivity project. The total length is 872km and this project connects Tawau in Sabah all the way to Telok Melano in Sarawak. Having travelled in car for a few trips from Sandakan to Kota Kinabalu and…
-
Property Hunter’s co-founder stepping down
Michael Hiew is good friend to kopiandproperty.my and me. He works very hard and I think this made him put on weight (no time to exercise mah) This person helped to give exposure to kopiandproperty.my when it was just starting. To him, collaboration was the key and not competition. I think this was the reason…
-
It’s not as easy as Airbnb. Especially when it’s a ‘resi’
In Penang, my good friend who’s a real estate negotiator always point to me that ‘this condo cannot do Airbnb’ or that condo cannot do ‘Airbnb.’ Well, I think it’s not just in Penang. Getting into Airbnb may not be that straightforward yeah. Especially those who bought into high-rise units, promised by the lucrative venture…
-
230 purchasers owed RM38 million and future guaranteed rentals.
Another case of buyers ‘losing’ money in their investments. This happened in Kota Kinabalu but could have happened anywhere in Peninsular Malaysia. A developer who developed and managed a mall did not pay the rentals to the buyers who bought the units on a leaseback basis. The mall is Oceanus, located in a good location…
-
Q3 recovery for Sabah property market. Launching value lowest since 2013
According to SHAREDA’s President Mr Chew Sang Hai, the value of new property project launches in 2017 reached its lowest record since 2013. There was a total of only RM1.5 billion launches in 2018. Reasons include developers encountering difficulty in sourcing for business finances and seek for alternative end financing for property buyers. He is however a…
-
KKIA’s too popular. Expand, definitely. New site, my wish personally.
Do you know that Kota Kinabalu International Airport (KKIA) is the second busiest in Malaysia, after Kuala Lumpur International Airport (KLIA)? On a yearly basis, I go to Kota Kinabalu 2 times or more. I think it’s full of potential for property investment. In my last trip just 2 months back, I went to IMAGO…
-
Property Hunter Convention in Kota Kinabalu – Speakers are awesome
Frankly, if there are any property fairs which are just a collection of booths and absolutely nothing else, it may not be productive to drop by. The reason is because a few of these are happening every month. Just go to your local hypermarket and there would also be a few developers setting up their…
-
Health is wealth. Go conquer Mount Kinabalu.
I think some readers of kopiandproperty.my may have noticed that postings were not daily for past few days. Haha. I went on a 5,000 calories hiking. Did not bring my trusted Macbook along. Before we can enjoy our wealth, we need to have our health. True, yeah? In November 2016, I was 83kg, going towards…
-
Outlook of a few major property markets in Malaysia by CBRE / WTW
I have a small Whatsapp group of a few colleagues who love to talk about property. One of them has invested only in Klang and he recently asked this question. ‘Anybody buying any property in 2017?’ He said he is still looking but not sure if he should buy or not. He is what I…
-
Eastar’s Busan – Kota Kinabalu starts. Now 35 international flights
It’s definitely another good news for Kota Kinabalu (KK) as a popular destination. As usual with more tourists, there would be more tourism ringgits and with more locals having more money, some of it would be going to the property market. Reported in NST, South Korea’s low-cost airline Eastar jet has started its second service…
-
Top 3 cities for investment property in South East Asia
According to an article in Huffington Post dated 6 Oct 2016, their top three best investment property cities in South East Asia are as follows: Chiang Mai, Thailand. Kota Kinabalu, Malaysia and Davao City, The Philippines. Guess which of these three that I have a high-rise unit? Yes, definitely the one in Malaysia. Haha. I…