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Day: August 11, 2024

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IPO / Equity / Stock Market

HLIB: IOI Properties Group should report over RM1 billion headline profit in Q4 2024

My second property in Penang was by an IOI Properties subsidiary company. That was the property which kick-started my property investment journey. I personally believe our property investment journey starts when we buy the second property. If it’s just one, then it’s just a property buy. Note that this is my own definition and I have no idea what other think. Now, there’s some good news with regards to IOI Properties Group.

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Career Related

RM5,000 – RM6,000 for a fresh engineering graduate? Definitely a wow.

Well, many companies will lose their best freshly joined engineering graduate to the company which is offering RM5,000 – RM6,000 yeah. Then again, not everyone would fit into the requirements for the RM5,000 – RM6,000 role. Usually, these roles would be in research and development because the result from their work could be used to help the company earn a lot more money. This is different from a quality engineer who is focused on cost efficiency. Savings is great but earning a higher profit is the only way one will have a higher pay yeah.

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danga bay park
Johor Property News

10,000 passenger per hour means Johor Bahru better be ready!

I have been to Johor Bahru for so many times I have forgotten how many times. Once upon a time, I fly to JB every other week as I was also leading a team there. Have stayed in so many different hotels, went to view so many different properties, bought so many things from the Johor Premium Outlet (JPO) that until today I still think fondly of my time there. It’s also one place which is amazing for Singaporeans because Singaporeans get to visit a lot more places beyond just the tiny island or the same beach or the same malls over and over and over again.

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Affordable Properties

REHDA: Full block or two Madani housing within projects will increase prices

When a developer buys a piece of land and their gross development value (GDV) is around 10 times of the land price, the price they want to sell will be adjusted based on the size, the number of units, the type of properties etc. The bigger units they build, the fewer units will be built and the more expensive the units would be. The smaller the unit size, then more units could be built and in fact the prices tend to be lower because the GDV is now divided by a larger number of units. Let me explain.

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