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Category: KL and Selangor Property

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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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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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ABCs of Property Investment

Would you buy a haunted house?

Okay, I would not. Then again I learnt long time ago from my real estate friend that there are people willing to buy a haunted home, as long as it comes with a hefty discount. I repeat, I still would not. Haha. However, frankly speaking, if someone is able to buy a haunted house at a super heavy discount, then ‘clean’ it up, then maybe it’s possible to sell for profit? Else, perhaps buy, ‘clean’ and then use for own stay?

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property market
ABCs of Property Investment

Budget 2023 and property market Malaysia

I think every media is reporting on Budget 2023 and continue to gain lots of attention on it too. As usual, there are the supporters who said everything great about Budget 2023 and there are also the other side which nothing would make sense unless they are the ones doing it. It matters very little yeah because both sides do not determine if we live well, earn well or even invest well. When we are successful in our investments, it depends on what WE do and not what both sides say or do yeah.

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hot property market
ABCs of Property Investment

Overhang properties up means property prices down?

Let’s look at the Total Overhang Units to have an idea how many residential units are actually classified as overhang. Overhang property unit is defined as units that have received their Certificate of Completion and Compliance but remain unsold for more than nine months after launch.

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