kopiandproperty.my

Category: Uncategorized

  • Malacca is the next Iskandar?

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    Charles Tan
    in

    I read an article by Pete Wong in www.propertyguru.com.my recently in which he gave many reasons why Malacca might just be a better choice for investors than the overhyped Iskandar. In his article, he mentioned that during his recent visit to Malacca, he was surprised by its transformation. He said that today, there are many…

  • Affordable Penang Properties – where are they?

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    Charles Tan
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    Many people have interest in buying affordable properties. If I have just started working not too long ago, I would definitely register myself. After all, if there are affordable properties which are good enough for stay, why not? Property is a compulsory item in my list and I would not want to rent unless the…

  • Property Investor Clubs – the speculators?

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    Charles Tan
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    Let me summarise an article I read in The Sun about how property investor clubs are the actual reason why speculations happen. According to National House Buyers Association secretary-general Chang Kim Loong, these property clubs are buying en-bloc from developers and they are usually led by a leader who is a property guru. Due to…

  • Penang property price cheaper today?

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    Charles Tan
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    ‘The price of property is cheaper today than six months later’. This was the answer from REHDA Penang President, Dato Jerry Chan when he was asked if the prices are going down since the total market transactions are going down. He went on to explain that low interest rate is the factor why property prices…

  • Pre-Launch Sales behind speculation?

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    Charles Tan
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    Today, Minister Datuk Seri Wahid Omar advised REHDA to get their members to stop pre-launch sales. The reason he said so was because he believed this was one of the ways in which the prices of properties were driven up. The reason was because these pre-launch sales typically attracted more property investors than genuine buyers.…

  • Property Bubble everywhere

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    Charles Tan
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    There has been nearly no talk about property bubble in Malaysia. Except for Forbes report recently. Is this because there is no property bubble yet? Or is the market too small and thus, not many analysts are covering it? The worst scenario predicted was that the market would be flat till 2016 before prices start…

  • Long term uptrend intact – HLIB

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    Charles Tan
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    HLIB (Hong Leong Investment Bank Research) said that there are still many projects that continue to register high take up rate and gave an example of Paloma by Tropicana Corp Bhd which achieved 60% sales within one month of launch. This is still happening despite the tightening of the property market with more cooling measures…

  • Penang property market – Number and Values of Transactions

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    Charles Tan
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    Thanks to Michael Geh, the Senior Partner of Raine & Horne, we have this chart comparing the number and value of transactions by category of market in Penang from 1H2010 to 1H2013. We can see the actual sudden increase was from H1 2010 to H1 2011. The primary market transactions grew nearly 700%! This however…

  • Buying from a reputable developer

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    Charles Tan
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    Many years ago,  my sister happily told me that she has placed deposit for a condo in Penang. I knew about the project.  I asked her to cancel it. She asked me why.  I said I prefer more reputable developers because it is a new property that you want to stay.  She cancelled it and…

  • Penang new launchings in 2014

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    Charles Tan
    in

    Would there be lesser property launches in Penang for 2014? Would Penang be the least affected property market? Thanks to Mr. Michael Geh, Senior Partner of Raine & Horne, we can view many of the upcoming official new launches easily within one page. Some of the projects below were already unofficially launched earlier where buyers…

  • Recent property outlook opinions by property gurus

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    Charles Tan
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    So many people have said so many different things. Predictions ranges from frothiness or potential bubble or prices continuing to go up. Recently, the highlight was on the potential for secondary market to start shining after being overshadowed by new launchings since 2010. This coming weekend, I will start sharing some very enlightening and interesting…

  • Penang properties – Tanjung Tokong

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    Charles Tan
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    I stayed for a few years in Tanjung Bungah when I was still working in Menara Boustead ( formerly PSCI). I stayed in Leader Garden. In fact that was the very first time I stayed in a condo because before that, I used to rent a room along the huge houses in Barrack Road. I…