Category: Uncategorized
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Osram and the massive RM4.67 Billion Kulim investment
In my previous role, I used to travel to Kulim High-Tech Industrial Park almost weekly. There were many huge multi-nationals there. I always think it’s impressive because somehow Kulim has managed to attract so many international giants to set up their plants there. Talents meanwhile are okay to work there due to the good potential…
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DIBS? Yes, it’s a comeback potential
Remember the days when everyone, even those without sufficient downpayment could afford to buy a new condo? Okay, I am exaggerating, maybe not everyone but the majority of fresh graduates with a stable job. The happy days for these buyers were over when Developer Interest Bearing Scheme (DIBS) was cancelled. I remain a firm believer…
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Why am I receiving so many great offers?
I am not sure if it’s just me but these days, I get no less than a few offers for property in my Facebook page every day. This, coupled with the SMSes meant that I have so many opportunities to get rich via property investment, if only I have enough ‘bullets.’ These attractive offers include…
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Only smaller units can be affordable
In a news article about Penang property market in The Malay Mail, Penang Real Estate and Housing Developers Association (REHDA) chairman Datuk Jerry Chan said that Penang’s house prices are certainly not going to come down. This is because of high costs which the developers would have to bear. These high development costs would have…
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Standard Chartered reducing 15,000 headcount
Earlier, some Malaysian banks started ‘right-sizing’ which will help the bank to have better cost efficiency. For example, read about RHB’s one here: RHB offering voluntary exit option to permanent staffs Reported in many medias, Standard Chartered said it would be reducing its headcount after it’s third-quarter loss. Total number of the affected staffs number…
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HBA: Not hoping for prices to come down suddenly
The National House Buyers Association (HBA) said that whatever it has been proposing is for the government to stop property prices from going up too fast. It said that is is not hoping for prices to drop suddenly. This is because if it does, it will trigger a property bubble to burst which is a…
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Bank, Law, Tax (BLT) Series: Property Outlook 2016
When Miichael told me about his Bank, Law, Tax (BLT) seminar series, I told him that this is useful to help give more knowledge to potential investors. It should be done on a continuous basis. The reason is because besides the sharing, it should also continue to provide updates from all the changes in the…
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Residential Property Market in Penang 2015
Penang’s property market is slightly different from the overall Malaysian property market. Instead of hitting the peak in Q2 2011, the Penang property market reached its peak only in Q4 2011. Perhaps this is due to the lag factor? Maybe it’s just because Penang market is more resilient? Well, the peak was 9,667 units but…
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PRISM 2015: Malaysia’s Largest Property Investment Summit
PRISM is Malaysia’s largest property investment summit and expo, brought to you by Property Insight. This annual event has been the most exciting and anticipated event for the property industry since 2013. It’s a dynamic platform connecting property experts, developers, investors and homebuyers to network, learn and keep abreast of the latest property trends and…