Category: Uncategorized
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Landed for RM900K in Penang, buy?
A close friend asked if a landed property in Penang is worth buying. He gave me the project name. My advice to him was simple. I have not been to the project but if it meets three requirements, buying a landed property inside Penang island can never be wrong Dimension. If you log in to…
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IKEA and Batu Kawan – buy now?
Ikea is coming to Penang! Today, Penang CM Lim Guan Eng announced a good news for Penang. IKEA is opening in Penang. In fact, it is a good news for Perakians, Kedahans and ‘Perlisians?’ too. This is because they no longer need to drive like crazy, buy a few things in IKEA and then drive…
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Even more new malls coming up in Klang Valley
Every weekend, I would go shopping, I meant window shopping. Anyway, the main destination is still shopping malls. I have only a few favourites. Number one is 1 Utama, followed very closely by Sunway Pyramid and then Mid Valley. The rest are just too far for my liking since I stay in Kelana Jaya. I…
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Property prices – 10% up for 2014?
Another prediction of property price increase in 2014. This is the Property Outlook Conference (POC) 2014. According to Andaman Group managing director Datuk Seri Vincent Tiew, rising costs will push up the total net cost for a developer by 5% to 8% and thus property prices could go up by about 5% to 10%. The chief reasons…
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With RPGT, no more property investment
Someone shared in facebook recently that with RPGT at 30%, the property price would have to increase 40% in order to earn any meaningful profit. Perhaps there’s a confusion here. RPGT is Real Property Gain Tax. In other words, you pay tax on your net profit. If you sell at a loss, you pay nothing.…
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My 2014 wish for property market
After reading through so many articles, especially The Edge which their last issues focus was on how tough 2014 may become, I was a little affected. However, I found many good news too. It seems that in November in Singapore, 95% of whatever was newly launched was SOLD! It mentioned a few points which I…
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Developers feeling the heat?
I read in The Star today about some developers feeling the heat from all the cooling measures undertaken by the government. I seriously believe if their product is the right one for the mass market, there is nothing to fear. Whatever cooling measures undertaken is to ensure the property bubble does not happen and there…
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Protect your wealth, always
Nearly forgotten about this very important step that everyone must have no matter how successful you are in the corporate world or how rich you are from property investment. Protect your wealth from sudden annihilation. There are many circumstances out of our control, that is for sure. However, if we are responsible, we must and…
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Butterworth property is BETTER WORTH.
Nearly everyone of my friends said they wanted to stay inside Penang island. No wonderlah the prices are going up a lot. However do you know that there is another place everyone can also consider? In fact it meets majority of what people tell me except for reasons such as ‘all my friends are in…
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Petronas Twin Towers still tallest in the world*
Photo source: http://www.firstpeoplesolutions.co.uk/blog/wp-content/uploads/2013/08/top-10-buildings.jpg Burj Al Khalifa was completed in 2010, it stood 828 metres tall. The second placed Taipei 101 was VERY FAR away. However, there was one building which can still claim to be tallest in the world today and perhaps for many more years to come. It is our very own Petronas Twin Towers.…