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Category: Malaysia

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ABCs of Property Investment

Property Market Malaysia: Transactions, Launches and Overhang Trends

Property Market Malaysia: Transactions, Launches and Overhang Trends Transactions Volume Trend 2018 – 2022 Transactions Volume should show an increasing trend. We could see that

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people on the beach during sunset
Penang Property

Chinese buyers love to buy properties in Malaysia. What’s next?

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.

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crop unrecognizable office worker standing with papers in hand
Malaysia

REHDA: Increase in legal fees will burden the property buyers

I think this is a common thing right. We love that bowl of noodle X but we did not like it when the price is increased, again. We may stop eating it for a while but after a while we may accept it and continue eating it again unless if there’s a cheaper alternative. If there’s a cheaper alternative Y which is just as good, we would now continue that new alternative and will forget this expensive bowl of noodle X, right? Well, what happens if there’s no alternative then? Just one choice and the choice is compulsory? Yeah, that’s when acceptance is a given.

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KL and Selangor Property

Official Launch KL Wellness City with a GDV of RM11 billion

Kuala Lumpur, 1st June 2023 – KL Wellness City (KLWC), the first purpose-built township project in Southeast Asia to cultivate a lifestyle fully integrated with healthcare and wellness, marked its official launch today at the KL Wellness City Gallery in Bukit Jalil. The ceremony welcomed the Minister of Health, YB Dr Zaliha Mustafa as its Guest of Honour to officiate the momentous occasion.

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KL Wellness City
ABCs of Property Investment

KL Wellness City (KLWC) – 9 Important Things We Need to Know

Malaysia is a very popular destination for medical tourism. In 2019 alone, Malaysia received 1.3 million medical tourists. (Info Source: mhtc.org.my) It means non-Malaysians travel to Malaysia to get great medical care and doing things a tourist do as well. Visiting interesting places, eating amazing food and enjoying the sights, sounds and our beautiful country.

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IPO / Equity / Stock Market

Financial news: EcoWorld net profit dropped in Q1

Imagine everyone telling you that the property market is going to make a comeback. Then you went to take a look at all the public listed property companies and realises that every company you researched are all suffering from losses. This gives us a very good sign that all is not well with the property market even if many people were telling us otherwise. This is one reason why we should always take note of the financial reporting from property developers. It would be better if many of them if not majority of them are reporting profits. Here’s another one even if the overall number seems to be dropping.

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the curve
KL and Selangor Property

the Curve Achieves Target Occupancy Rate of 92% in 2022

PETALING JAYA, March 31, 2023 – As the country settles into the endemic phase, the Curve shopping mall recorded a strong recovery in 2022, closing the year with 40 new leases and occupancy rate of 92%. The total number of tenants currently stands at 248 compared with 228 tenants one year ago.

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man sitting on dental chair
ABCs of Property Investment

The Dynamic Duo: Property Investment and Healthcare Demand

The median age for Malaysia is 30.4 years (DOSM 2021 data). We can go into any supermarket today and take a look at the diaper brands. If you did not notice, the number of brands and diversity are still increasing. It meant that the demand for healthcare from the new babies are still increasing.

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people on the beach during sunset
Penang Property

Penang Technology Park has a GDV of RM4.2 billion

My brother and my two brother-in-laws are still in Penang and all three are engineers. All three has every intention to continue to be in the engineering field in Penang. All three has more than one property and are all contributing to the economy of Penang wholeheartedly too. I think there are many well-planned Free-Trade-Zone parks which has been supporting the state’s economic growth. We now have another one known an Penang Technology Park @ Bertam. It will be spearheaded by a local property development outfit; Ideal Property Group.

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airport
Malaysia

Penang International Airport expansion project starts 2023

A long time ago, some people said that instead of building KLIA, the government should just focus on expanding the Subang airport. Fortunately, the plan for KLIA proceeded because the Prime Minister then just went ahead. Haha. Today, KLIA is said to need future expansions too especially when we look at the sudden increase in passengers and suddenly everyone needed to wait for hours to pass the immigration.

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