Imagine you are a SME business in.Singapore. You are doing pretty well and you would like grow your business to the next level. Many years ago, your best choice would be Batam. Today, if you still think Batam is a good bet, then a better bet would be Iskandar. Yes, in terms of exchange rate, … Read moreSingaporean PM, SME, Iskandar
Many reports have shown the slowing down of transactions in Iskandar. However, if we look at land transactions, it is continuing and is not showing any slowing down signs thus far. The latest deal was by Greenland Group of China, buying 13.96 acres from Iskandar Waterfront Holdings Sdn Bhd (IWH) at a cost of RM600 … Read moreIskandar Malaysia – medium term prospects concern
Many Chinese developers are buying huge tracts of lands or are involved in land reclamation projects. On paper, all these developers are much larger than even Malaysia’s largest developers. For example, Country Garden Holdings co will be building 9,000 units of condominium on a 56 acre land. For a comparison, the total supply of units … Read moreBuying Iskandar? Points to note about Chinese (China) developers thus far
A very significant joint announcement today (7 April 2014) was that the proposed High Speed Rail (HSR) as well as the Rapid Transit System is on track. The HSR is expected to be ready by 2020. This was announced in the 5th Malaysia-Singapore Leaders’ Retreat in Kuala Lumpur. These are expected to ensure seamless travel … Read moreLinking KL, Iskandar, Malaysia – Singapore by HSR and RTS
We have heard way too many news about foreigners buying so much of Iskandar that the locals are losing out. Is this true? Actually, this is TRUE, at least for some periods of time. In a report by IRDA (Iskandar Regional Development Authority), in 2007, the foreign investment ratio was 45:55. In other words, foreigners … Read moreProperty Investment and the decisions we can make or delay
Affin Investment Bank Bhd said that Malaysia’s property market is heading towards a cyclical slowdown after 4 years of property bull cycle. It expects developers to have lower take up rates and weaker margins due to the higher competition as well as tough government property cooling measures. Some of the measures implemented by the developers … Read moreAfter 4 years of BULL, this year is BEAR (for how long?)
I read in The Star today that China’s Country Garden Holdings Co Ltd and Kumpulan Prasarana Rakyat Johor (KPRJ) have plans for a super huge reclamation project for luxury homes in Pendas, near Singapore. In the report, ‘sources’ said that the land area may be a few thousand acres and thus it should be one of the largest single … Read moreIskandar – Largest reclamation project in Malaysia?
Property Insight Malaysia shared a very concise chart / property clock. Where are we now? Depending on where you read and whom you ask, the answer may be different. Even the readers in Property Insight Malaysia has different opinions despite everyone reading the same magazine / facebook page! 🙂 In real terms, transactions has … Read moreProperty Clock, where are we?
A picture is worth a thousands words. Thanks to Mr.Michael Geh, Senior Partner of Raine & Horne, we have a very clear chart on the number of transactions in Malaysia from 1H 2010 to 1H 2013. I remembered in 2011, everytime a new project was launched, it was completely sold out within days. It is … Read moreProperty Transaction and Prices – 1H2010 – 1H2013 (actual numbers)
Johor MB Mohamed Khaled said there is absolutely no truths in reports about JB having a casino. The reports in a few online portals are mischievous. Nevertheless he admitted that the approval is not for state to decide but it’s from the federal government. He completed his views on casino by saying that even if the … Read moreIskandar will not have a casino