Category: Uncategorized
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Land scarcity or abundant, which one is better?
This is a continuation of an article comparing Penang island versus mainland. Part 2/4. You can write article 1/4 here: Penang Island vs Mainland (Part 1/4) It is written by the founder of penangpropertytalk.com, Mr. Ken Lim. I think it’s important for everyone to consider the many facets of how property continues to evolve in…
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Urban migration and sustainable cities of the world – FIABCI
Do you know that by the next generation, seven out of ten people on earth will live in the cities exerting pressures that may trigger a monumental crisis if not managed well. This topic will be deliberated in a world gathering of 1,000 delegates of FIABCI, the French acronym for the International Real Estate Federation. The…
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Buy house, get wife? Deal is done!
Remember earlier reports about a woman offering her house for sale and said that if the offer is right, the price would include her as well? Read here: Buy property, get wife free. It has been reported in Time.com that the woman’s offer of both the house and herself has been ‘sold.’ The woman, Wina Lia said, “His…
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Penang Island vs Mainland (Part 1/4)
There are a few people I talk to when I want to know latest updates for Penang property market. One of them is the founder of penangpropertytalk.com, Mr. Ken Lim. Many weeks back, we spoke about how mainland may be changing and he said that he would research and do articles to compare mainland and…
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Kra Canal of Thailand, changing the shipping world
Something I read many years ago caught my attention again today. It was a Facebook sharing about Kra Isthmus. What’s that? Kra Canal? What’s that? Well, this is where Thailand digs a water canal route from one end to the other, thus literally splitting Thailand into two parts. It will provide a link from the…
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Retail numbers and credit card spending down but….
I read something which I fully expected. The retail sales are expected to slow down for 6 months, beginning April. According to Retail Group Malaysia (RGM), which tabulates quarterly retail data, the reason for this slow down is because consumers are more cautious and taking a “wait-and-see” approach due to the implementation of the Goods…
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World Bank: Preaching is easy. Doing is hard.
Yes, I am talking about the other largest financial institution that countries can go to should they really need help. The other being International Monetary Fund and the 3rd largest would be Asian Development Bank followed by the the about to be formalised Asian Infrastructure Investment Bank. (AIAB) Read here: US$100 Billion new Asian Infrastructure Investment…
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Mainland Penang rising, secondary choice to island ending.
If you stay in Penang, mainland is considered a secondary choice. Island is the main focus and majority would choose to stay in island over mainland. Well, one major reason would also be due to the employment opportunities in the island. Think of any foreign multinational paying higher than the usual salaries and you would…
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Penang property market, landed terrace most popular.
I have always been telling everyone that the reason until today I do not own a single unit of a landed property is because condo is the future. Landed would become so expensive that the current units and even future supply will not be so easily available or even affordable. Thus, growth would not be…
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Property market Penang better than national, number wise.
You read earlier about the overall Malaysian property transaction and value numbers. It showed that perhaps the worst is considered over in 2013. 2014 has showed a little spark of recovery. If you missed it, you can read it here: Malaysia residential property market recovery in 2014 In Penang, the growth in property transactions is…
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Stop me travelling? I hate you IRB!
Not too long ago in Facebook I saw a friend commented that Inland Revenue Board (IRB) stopped some people from travelling because they owed tax. They said, the amount is so small, why IRB making people so inconvenient. The travellers would have already made all their plans and now the whole plan is derailed. What…
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Buying Batu Kawan? Same price as island.
Yes, I think this would be a hot topic among Penangites. Batu Kawan property same price as island? You must be kidding me? Well, the developer we are talking about certainly is not a small one. In fact based on the projected sales turnover, Eco World would firmly be within the top few developers in…