if we build office space only when we need them, it meant that supply will be coming in slower than demand. By the way, there’s no such thing as 100% occupancy rate for office space yeah. You see, if I need an office and I want it to be in the city centre for example, … Read moreOffice space Klang Valley? Too many, thus getting worse in unoccupied rates.
kopiandproperty.com was invited to the press conference by Country Garden for their latest launch here in the Klang Valley. Briefly, Country Garden is a Fortune 500 Global company. It’s revenue in 2018 was US$33 billion. (RM142 billion). Perdana ParkCity is the developer of the award winning modern township Desa ParkCity. They are now combining expertise … Read moreCountry Garden and Perdana ParkCity jointly unveils Lake City @ KL North
Many friends in Malaysia have asked me if Malaysia is going to fall into a recession for 2019? They were worried about the effects of the US-China trade war. My answer has always been in the negative. The reason I say so was because Malaysia’s economy is quite a diversified one. The fact that we … Read moreIf Singapore falls into technical recession, what’s happening to the GDP % in Malaysia?
It’s important for the government to understand that everyone should have access to a home they own. It’s really not sufficient to build some temporary homes or for these poorer Malaysian households to keep renting even if the rental is made extremely affordable. What happens in the next 30 years is that these households will … Read more20% of total units in PSR will be for affordable homes.
A friend called. He said he has gotten involved with a financial product which has just started and as a friend, he must share with us. He tells us of how EPF’s returns are low. He tells us of the dangers of stock market and even tells us that property market is now in trouble. … Read moreFinancial literacy will be great. Implementation is perhaps the issue, beyond just human greed.
I have shared this many times during my talks. Imagine a mature neighbourhood with all available amenities. Everything is ready. Where all the available land is already fully developed except for some very small plots of land. Everyone bought some time back and they love the area. Not many are thinking of moving away because … Read moreKL prime properties? Not affected by the prevailing negative market. (Of course…)
I did a one-hour session on FB LIVE a few days ago. It was an invite by Dr. Peter Yee who is a famous real estate personality. I bought his book over 10 years ago and it has given me lots of knowledge which I continue to use today. During the FB Live session, I … Read moreFB LIVE: Working Professionals and Property Investment. Broad overview.
I have had the pleasure of working with and conducting trainings to teams from many different countries including Japan, Hong Kong, Singapore, Indonesia, Thailand, the Philippines and my dear Malaysia. Yes, I do feel the pressure as a Malaysian working professional when I am in all of these countries. There are definitely differences in the … Read moreIt’s official. We work too hard. Wait a minute… what?
Big plans need good timing. When timing is not conducive, perhaps we need to step back and decide. We do not usually change jobs when the situations are not so positive. I think businesses make the same decisions based on prevailing circumstances. If it’s not now, perhaps later in the future? Hopefully the following deal … Read moreNot positive. RM1.3 billion project in Penang scrapped. (why not postpone…?)
Malaysia’s property market may have stabilised. Based on the latest numbers reported in the Malay Mail, a total of 8,823 units with a sales figure of RM5.7 billion was sold as at end June under the Home Ownership Campaign 2019. Recovery may be on the cards. FIABCI Malaysia President Sr Michael Geh predicted that the … Read moreRM5.27 billion properties sold under HOC. Overhitting targeted RM3 billion.