Bandar Sunway, August 7 – Master Community Developer, Sunway Property has announced today that it recorded RM 1 billion in bookings from its recent flagship campaign, Signature Series 2023.
PETALING JAYA, 10 August 2023: Grand Global, an established property developer with projects in Malaysia and Australia, recently recorded an impressive 53% take up of its second residential tower at its latest integrated development project within a week of its launch. The success of Grand Damansara, nestled in the heart of Petaling Jaya, signals continued robust demand for well-located integrated developments.
Strategically situated at the centre of Seremban 2 (S2), Nexus Seremban 2 will set a new standard as the thriving commercial and retail hub in the township, yielding impressive results during the public launch of the project. This is evident as IJM Land announces a strong 80% take-up of the various commercial offerings at this premier commercial hub.
Sunway City Kuala Lumpur, Aug 3 ~ Sunway Berhad’s (Sunway Berhad 5211) property arm, Sunway Property, through its wholly-owned subsidiary, Sunway Rawang City Sdn Bhd (“SRCSB”), had signed a Sale and Purchase Agreement (“SPA”) on Aug 2, to acquire a 245-acre parcel of prime freehold land at Kuang, Rawang from Kauthar Equities Sdn Bhd for a purchase consideration of RM115 million.
Petaling Jaya, 31 July 2023: The 15th Edition of the National Real Estate Awards (NREA), organized by the Malaysian Institute of Estate Agents (MIEA), has concluded on a high note, with the event witnessing remarkable growth in prestige and recognition. The NREA has seen substantial change throughout the years and is now the most awaited national award for excellent accomplishments in the real estate industry. This year’s event added additional exceptional professionals to its distinguished hall of winners further cemented its stature. A total of 70 award winners were celebrated for their outstanding contributions to the real estate industry, with an additional twelve high achievers bestowed with the highly respected MIEA Million Dollar Achievers (MMDA) award.
I love properties because I could touch it. I will always remember vividly the first time ever I bought a property. It’s a small 730 sq ft apartment but I felt so proud. My wife felt so proud too. Haha. Now, whether property investment is the best or not, I have no idea yeah. I am invested in the stock market which I also love. I have been investing into mutual funds for a very long time and is a ‘Gold status member’ (go think which brand).
A friend asked me if the Chinese investors love Malaysian properties, what does that mean to the property market? Erm… nothing. What can Malaysian investors do in order to capitalise on the interest of Chinese investors? Erm… nothing much. Reason is these Chinese investors are categorised as foreign property buyers. Thus the type of properties they could buy would be easily RM1 million or higher depending on state.
Press Release: Daffodil Residency Is The Essence Of Modern Living At Bandar Alam Suria IJM Land solidifies its reputation as one of the marquee property
[Kuala Lumpur, 24th July 2023] — KL Wellness City is thrilled to announce its enthusiastic support for the highly anticipated sports event of the year, the 2023 ZL Cup – 12-Hour Ultramarathon Challenge (ZL Ultramarathon). The event is jointly organized by PUMM Negeri Sembilan and PUMM Penang, supported by the Malaysian Chamber of Commerce in the Philippines, Formosa Women Organization of Malaysia, and JPWK Padang Lalang.
I have many friends who share with me that their bosses are out of their mind. Some would also tell me that their bosses refused to pay them a competitive salary and even the bonus is low every year for the past many years. There are also friends who told me that they have to work for over 10 hours every day and they are so tired. There’s also a group of friends who told me that they are looking for another job and found another but the pay was not up to their expectation. Do you also have such friends?
Do take a look at how fast and furious was the rise of the interest rate in the US and do understand that if you are an investor, you are not that clever if you do not take advantage when the interest rates keep on rising every quarter. Would you still want to put your money in a place where the FD rate is much lower? This is the LATEST OPR for Malaysia. OPR is maintained at 3% (read here). By the way, the higher the rates, the worst it would become for the people servicing loans yeah. If these people pushes up the bad debts, it will not benefit anyone.
Me: Yea, coz that extra patch of grassy land will be priced into the house price. That’s why semi-detached home is definitely more expensive than a terrace home but the actual built-up does not necesarily reflect the same yeah. Sometimes, the double-storey terrace may have a bigger built up than a semi-detached unit or it may be almost the same too. Developer will not give that extra piece of land to you for free yeah. They could actually use the land to build more units too.
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