Category: Uncategorized
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PR1MA – 90,461 housing units for middle-income Malaysians – HOW?
PERBADANAN PR1MA Malaysia has to build 90,461 units for the middle-income Malaysians all over the country. According to PR1MA CEO Datuk Abdul Mutalib, by the end of 2014, close to 40,000 units would have started or will start construction. Within Budget 2015, a total of 80,000 homes is to be built with an allocation of RM1.3…
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One Stop Centre, Faster Affordable and Low Cost Housing – REHDA
My mother competed her IC application at 9pm. Yes, Evening time, 9pm. My baby daughter’s passport was completed within 1 hour on a Saturday. I remembered how long my wife queued to apply for a new IC after she lost her wallet. I queued for over 40 minutes for my passport application in Penang many…
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How Colours Can Enhance Your Home
The colours in my current home was chosen by my wife and I. We kept more to the neutral tones because we were afraid that too much bright colours may just cause the house to be too ‘Hot’. Haha. Anyway, I am nowhere qualified to talk about colours you can use for your home. Let’s…
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RPGT – 30% flat rate for properties sold within 10 years.
Don’t sweat, yet. This was proposed by the National House Buyers’ Association. It’s honorary secretary-general Chang Kim Loong said that further tightening is necessary despite the falling transaction numbers. This is because there are still property speculation. His opines that if the buyers are really buying for own stay, none of them would sell within…
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China’s Property Market Rescue Package Deployed
I read from a Reuter’s report on China’s property market today. Why do you think some of the biggest developers in China are venturing into Malaysia? There is a huge oversupply condition in China’s property market today. Empty units and these days, some developers who just could not find buyers had to stop building and…
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Batu Kawan properties? Look at cars. 🙂 It is also prime for G, G and G.
I was in Penang last weekend for an important lunch. As I was driving past the second bridge, I noticed that the condition was exactly the same when I drove across it last month and two months before. There were very few cars on the bridge! Ok, what’s the significance of that? These days, you…
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Degree, Maturity and Attitude Matters
A friend who’s a manager in a insurance agency related the differences between teaching an agent with a Diploma, a Degree and a SPM holder today. She said, teaching a SPM holder requires huge efforts. There are so many things they do not understand and needs guidance and they also lack the thinking capability. A…
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Banknote Auction Malaysia, First One Ended on a High Note.
Instead of the usual article, I feel that a Q&A may do better justice and also easier to refer to. Let’s talk to Mr. Stephen Soon the Managing Director of MNP Auctioneers about the very first Banknote Auction in Malaysia. Personally, the results were way above my expectations. I did expect some of the notes…
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Reselling of affordable homes allocated? Sigh.
In Malaysia, today, the federal and the state governments have started to build affordable homes. Many schemes were introduced and many have applied I believe. In Penang, the state government does not allow reselling within 10 years. Johor state government announced that all affordable homes cannot be resold within 5 years. I seriously think the…
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Risky to buy or Risky Not to buy.
I speak for myself only yeah. Let me explain why ‘risky to buy’. Today, I seriously do believe property prices has risen much faster than the salary growth due to the periods of 2009 till 2012. There were still good condos, in decent areas and a size of 1,200sf for less than RM250,000 in 2008…