One major concern on cashflow for developers would be unsold units. Beyond just money, it will also be delaying their next project. For some of the developments, the Bumiputera quota is something they need a solution to. To a developer, they just want to sell all the units and could then focus on their next … Read moreRelease of quota after 6 months, with conditions.
I think Ipoh needs more positive and good news versus all these negative ones where the authorities are in the dark of some development matters. Seriously, I think these should not happen any longer. Not just in Ipoh but anywhere in Malaysia. Article in edgeprop.my here Perak Menteri Besar Incorporated (MB Inc) today confirmed the … Read moreBukit Kledang: Illegal plantation and mixed property development. Stop it!
Remember the good news about Home Ownership Campaign 2019 where developers promised a 10 percent discount of all homes whether completed or in construction? Earlier article here: Buy, Buy, Buy is Back? Then, it was also clarified that it’s applicable to ALL buyers during the campaign period and not just first-timers? Here’s that earlier article: … Read moreHOC 2019? 20 pct discount, please?
Someone asked if the Housing Ownership Campaign (HOC) 2019 is only for first-time home buyers. Answer is NO. It is now open to ALL transactions during the HOC 2019 period from 1st January to 30 June 2019. Someone asked if this is for completed properties only since the Ministry of Finance is targeting to clear … Read moreHOC 2019: Not just completed properties yeah. (but not for sub-sales too)
Correction: Stamp Duty Exemption is STILL just for First-Time Home Buyers ONLY. Earlier article here about the suggestion for stamp duty exemption to be open to all and not just the first-time home buyers. The Finance Ministry has just announced stamp duty exemption for ALL purchases of properties during the Home Ownership Campaign (HOC) from … Read moreBBB + B? Buy, Buy, Buy is BACK?
I was speaking to some real estate friends last week and one of them said that Ipoh’s property market will soon be very vibrant because there are going to be direct flights from Guangzhou to Ipoh. Here’s that earlier article in thestar.com.my Perhaps these additional flights will help to bring more tourists into Ipoh directly … Read moreSunway’s RM4 billion property development in Perak. (WOW!)
I think I go up Cameron Highlands twice per year. When I posted an article about Cameron Highlands the other day, it was clicked and viewed by a surprisingly large number of people. I guess Cameron Highlands is a favourite place of many. Here’s that article: Cameron Highland and the over 10,000 cars per day! … Read moreCameron Highlands, a heavy downpour and the power of nature
I love Cameron Highlands. It’s relaxing and well, there’s always new things to see when we visit it once or twice per year. Beyond just the cactus or the sweet corn, the view from BOH Sungai Palas tea centre is good enough to fool some friends that I went overseas. 🙂 Okay, now for the … Read more10,000 cars in Cameron Highlands during holidays. WOW.
Are property prices on a downtrend for the past few years? Depending on who we ask, some will tell us that prices are dropping. They will give quite a number of examples in some ares which used to be priced higher and is now priced lower. In fact some real estate negotiators are now selling … Read moreSometimes, the transacted price may not be the median price.
I was in Ipoh this weekend to give a talk for REHDA Perak’s Mapex 2018. (Click here to know more) Then someone mentioned to me that there is a huge land sale. Here’s that piece of news. This is more of news for Ipohans yeah. For years, I have often wondered when will the Perak … Read moreYes, it’s up for sale. Perak MB’s residence. 5.3 hectares, how much?