Category: Uncategorized
-
“REPEAT buyers” will still buy, yes very true.
I think it is very important to understand why buyers buy and not just the so-called negative sentiment which everyone is talking about today. This is especially true for the ‘repeat buyers.’ Most of the time, the reason why they continue to buy is because they have learnt about the benefits of buying the right…
-
Ampang, affordable high-rise or Gated and Guarded
I drove deep into Ampang two years ago to view a terrace home project which was slightly above RM500,000. It’s a gated and guarded project. It took a very long time, with all the traffic lights and the crawling traffic. I was driving there from Kelana Jaya. After viewing it, my wife said she did…
-
1,016,000 applicants for PR1MA?
Yes, PR1MA said that is has received 1,016,000 number of applications thus far for the supply of affordable homes. It’s a number which is hard to believe because if the number is true, we are looking at demands which far exceeds whatever supply there are in Malaysia. Yes, not even the 100,000 new homes target…
-
KL average property price down, now at RM714,000
All charts were provided by Michael Geh , Senior Partner of Raine & Horne and also the Vice-President of FIABCI Malaysian Chapter with numbers from NAPIC. Great news if you are thinking of KL. The average property price in KL has showed a drop instead of staying stagnant like the average property price for Selangor…
-
Hua Yang’s FY15 net profit margin at 18.95%
Reported in a local English daily. Latest results from a medium sized developer showed that the net margin remains healthy thus far. Hua Yang reported an increase in net profit from RM82.2 million a year ago to RM110.6 million for the financial year ended March 31, 2015 (FY15). Revenue was also up by 14.5% to…
-
Branded developer and Classifieds Advertisement
This article is aimed at any branded developer’s marketing team who thinks that selling can be done via Classifieds and that this is a great strategy. This is from a potential buyer to your future project. Let me share with you a few reasons why a branded developer using Classifieds advert to sell property is…
-
EPF ‘punts’ to profits vs other investment options?
I was about to go to sleep when a friend sent a message into a WhatsApp group which I was part of. She forwarded the message in the image. An article about how EPF punts its way to profits. In case you do not understand this term inside the newspaper, the word punt comes from…
-
In KL, a mature neighbourhood below RM500,000.
I like mature neighbourhoods especially for own stay. Just a few weeks ago, an old friend called and asked if I would like to have a cup of latte. I immediately agreed and went to fetch him. His place was in Taman Desa. It was my first time driving into Taman Desa. I felt good.…
-
Flipping properties for profit? Don’t repeat it please.
Many years ago, perhaps up to 2012, many were still buying properties. More often than not, it’s solely for the purpose of flipping. Everyone thought earning money was easy. In the beginning it was really quite easy. All it needed was some courage to sign and take the risk. This was also encouraged by the…
-
“Stone’s friend”, what’s the problem?
What’s in a name? Well, depending on what it actually meant, it may mean a lot. For example, the name of Batu Kawan is said to be not suitable for “the most modern satellite township in Malaysia.” Penang Chief Minister Lim Guan Eng said that when translated into English, Batu Kawan meant ‘a stone’s friend.’…
-
Vision City, the VERVE and IKANO for mainland Penang.
A friend said, even if mainland Penang is RM100,000 cheaper, he would still prefer to live in the island. Actually, if he is talking about Batu Kawan, I think the price difference is higher than the RM100,000 than he is talking about. There has been many articles about mainland Penang versus Penang island side. The…