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
I think if you ask a Penangite, they would most probably tell you, buy Penang. Iskandar is just a piece of empty land 2.5 times the size of Singapore. If you ask a Johorean, they may tell you that they have only begun to believe that Iskandar might just work but to buy in Penang … Read moreBuy Penang or Iskandar first?
Everyone knows Sunway Lagoon here in Malaysia. I read somewhere that when Tan Sri Jeffrey Cheah launched his first project there, he sold it for so little just to cover it’s cost. It was really unattractive then. Something like Damansara and Mont Kiara long time ago. Actually come to think of it, not that long … Read moreMedini – Another huge theme park?
This is a hot word recently. Medini has been exempted from the 30% property gains tax in Malaysia. This is an extremely important news because this meant that foreign buyers, especially from Singapore may continue to invest without having the dark cloud of 30% RPGT over their head. Medini is being developed by Medini Iskandar … Read moreMedini @ Iskandar – exemption and distance
Google him and you would know who this person is. Need no explanation in the economics world. He wrote an article in The Edge recently detailing how the global financial crisis was triggered by a series of collapsing housing market bubbles. He mentioned US as the one most well known. I think all of us … Read moreFrothiness building up in property market – Nouriel Roubini
Wait. It is still in progress but will only have another update perhaps end 2014. Targeted date of completion is also 2019. Which is 5 years away. So, if RTS is not built, what would happen? Well, I feel that more road linkages can be built between Singapore. More buses perhaps? In fact, I am … Read moreIskandar with new Rapid Transit System