Focus on more connectivity, not just Yes or No for the crooked bridge

I am all for developments (responsibly) and I am all for connectivity (necessity). Without these two, nothing much happens and we do not need to talk about helping the B40 households for example.  With regards to the never ending debates about the crooked bridge, perhaps it’s best to stop all the rhetorics about whether or […]

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Finance Minister says not too much for 10% discount from SST exemption

Time to rejoice for potential homeowners says an article in TheStar.  Our Finance Minister Lim Guan Eng said, “We placed the exemption because we want to boost the real estate sector. We hope to see a fall in new house prices. Otherwise, we will consider re-imposing the SST (on developers).” He was speaking to reporters at […]

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Separation of boards for property managers better for the industry

Press Release by The Malaysian Institute of Estate Agents (MIEA) Petaling Jaya, October 30, 2018: The Malaysian Institute of Estate Agents (MIEA), a professional body representing 5,000 real estate practitioners, supports the call for the creation of a separate board made by the Malaysian Institute of Professional Property Managers and Facility Managers recently. MIEA president Eric […]

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Savings from SST waiver, definitely. Plus rebates and discounts too.

Property prices, always a popular topic. Are there savings from the Sales and Service Tax (SST) which will be passed on to buyers of properties? At least future buyers of new properties for which the developer will start to enjoy the waiver by the Finance Ministry? After speaking to many property related people, I think […]

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Sunway wins 2 gold and 1 Bronze at Putra Brand Awards 2018

Press Release: SUNWAY WINS 2 GOLD AND 1 BRONZE AT PUTRA BRAND AWARD 2018 FOR PROPERTY, EDUCATION AND ENTERTAINMENT Sunway scores hat-trick for the second time in 2018; Group previously named Best Employers in Aon Best Employers Award 2018 Kuala Lumpur, 28 October – It was an extraordinary year for Sunway Group (Sunway) as it scored […]

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New taxes a worry or lacking of focus and direction?

There are definitely rumours that there will be new taxes in the upcoming Budget 2019 speech by our Finance Minister Lim Guan Eng. This was what he said on 9th Oct reported in TheStar. “Finance minister Lim Guan Eng today said new tax measures will be announced during the tabling of the upcoming Budget 2019 […]

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11.6 percent average rental yield is CRAZY…

If someone were to tell me that there are still properties out there which gives positive rental yields today, I would ask, where? If that someone were to tell me that I can still get double digits in rental yields, I would think it’s a scam, seriously. From Singapore to London and even Malaysia, due […]

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Tesco Malaysia is a property development company… too.

Tesco is Britain’s largest retailer. I used to patronize one particular one in Bristol city centre 20 years ago and was happy to revisit it when it came to Malaysia in 2001. Now a report in The Edge Malaysia says that Tesco Stores (M) Sdn Bhd plans to venture into property development. Here’s that article in […]

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INSPEN’s two Certificate programmes are now OPEN!

[Sponsored] For school leavers who are looking for the potential to earn a good income within the real estate industry, here’s that opportunity. The closing date is however within the next 2 weeks so please take immediate action. INSPEN’s second intake for Real Estate Certificates are now open. Certificate in Real Estate Valuation (CREV) and […]

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No place for illegal brokers, more concrete actions needed.

Let’s listen to what a former President of the Malaysian Institute of Estate Agents (MIEA) has to say about illegal brokers. His article appeared in NST just days ago. Reference here.  “A word of caution to the general public: DO NOT DEAL WITH ANY ESTATE AGENT WHO IS NOT REGISTERED. The consequences, should something go […]

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