Category: Uncategorized
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Overwhelming response! Two carparks side by side. Cool.
Just weeks ago, a friend who’s always negative about Malaysia asked me this question. “The economy of Malaysia is so bad. I wonder if all these news about projects being sold out in one day is true at all?” Let’s not even comment about what is a bad economic situation and what is great economic…
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APSEZ and Carey Island with MMC Port Holdings, Sime Darby
Somehow, I read this article in a media site in India; The Hindu Business Line but it’s also reported in many other sites including TheEdgeMarkets. It’s no longer just news after news about investments or partnerships from China. Perhaps this is the start of more substantial investments from India. Adani Group of India, with its port arm,…
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Homelessness can also happen in advanced property markets
I saw a Facebook post by a good friend showing a picture of the homeless in Australia. His three-word comment? “Malaysia’s Not Alone.” To be honest, this is the first time I saw such photos. When I was in the UK many many years ago, I know many homeless seniors would face real life-threatening danger…
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Higher density will be a reality for all Malaysian cities, I believe
I was reminded in an article that the density in Penang used to be 30 units per acre but has been increased to 87 units per acre and would be 128 units per acre in future. Full article here. The density in KL? Well here’s an earlier article. Higher plot ratio better,right? Yes, DBKL is also pushing…
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Unsold primary residential properties? RM8.27 billion worth……(HUGE)
It’s not good news when there are a lot of unsold properties in the market. If we placed a downpayment for a new condominium and found out 9 months later that only 20 percent of the whole project is sold, how would we feel? Worried, right? Well, on a larger scale, it’s not 80 percent…
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RM5.7 billion for the PR1MA loan scheme for 2017
Some years back, a developer in Johor told me this, ‘Many times it is those people with low income that finds it hard to get a loan. The reason is because the banks are very stringent with them.’ That was the major reason why if we would like to help the lower-income households own a…
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Potential to grab an auction property within Penang island?
This is for people interested with Penang LANDED properties. Two within the island and one in mainland. Beyond just the usual new launches, there are two other potential properties that one can buy. The secondary ones which can be searched via many property portals as well as those that falls ‘under the hammer’ also known…
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Not just building but end-financing too.
Loan application approvals are hard to come by? It’s the bank’s fault OR? You are not qualified for PR1MA because your income is higher than the ceiling income set earlier? I think everyone knows that now there are even more households who qualify for PR1MA. Just weeks ago, it was announced that those with a…
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Opportunities with limited supply heritage properties
Sometimes there are news which is both positive and yet negative at the same time. Positive because foreigners love the investment opportunities presented to them. Negative because the locals may not the beneficiaries of these opportunities. I read such an article in NST today. It interviewed a foreign landlord who shared how he and his friends…
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RM2.6 Billion GDV for affordable homes within Penang island
When it comes to Penang properties, those within the island has always been seen more favourably than those in mainland. Most of my Penangite colleagues would favour the island part but according to some friends from the industry, it is changing. Mainland is rising in popularity because of new developments there. For example, it’s connected…
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Gong Xi Fa Cai and Happy Holidays! (No articles on 28th Jan yeah. Rest Day)
Wishing all of us an awesome 2017.