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Property prices falling: excess supply and cooling measures

This was reported by a UK-based newspaper, Financial Times (FT) about the property prices here in Kuala Lumpur. It said that the reason for average sales dropping by 4 percent since last July is because of two reasons; excess supply and domestic cooling measures. Judy Ong of Knight Frank in Kuala Lumpur said, “The inflation […]

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‘Money not enough’ from beginning 2019 till July 2019

Important notice where money and loans are concerned. Article in thestar.com.my here.  Nomura Research warned in its recent 2019 outlook report, that a number of countries in Asia including South Korea, Greater China, Singapore, Thailand and Malaysia may be experiencing a sudden shortage in the availability of money for lending, leading to a decline in loans available. […]

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Will this lead to lower property prices in the near future?

One of the causes always mentioned as contributing to high property prices is the compliance cost. This cost includes the building of facilities by developers for utility companies. Developers say that if the compliance costs are reduced, the property prices would go down too since they would no longer be passing the costs to buyers. […]

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Middle class to stay in KL… per KL2040 Plan

Are you working in Kuala Lumpur (KL) and intends to buy a home within KL? Good news for you if you are under Middle Class. Federal Territories (FT) Minister Khalid Abdul Samad said that the middle class group who could not afford a home in Kuala Lumpur will be a priority under the Kuala Lumpur […]

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Crest Builder: Higher sales, higher profits (good sign for industry)

If we ask our real estate negotiator friends, nearly all would tell us that it’s harder to sell to prospective buyers these days. So, is the property market in trouble? Asking the first-time home buyer or even the ones who are still waiting to buy may not yield the best answer. It’s better to look […]

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Erm… this limitation is NOT needed. IMHO. KL is a CITY…

On a yearly basis, I visit the pubs / bars  probably 12 times. That’s around once per month. I do not usually stay past midnight. However, if anyone were to ask me if I think the cars / pubs should just stop their operations at 1am, my answer is of course not. Are we asking […]

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Discovery Park by Gamuda to be ready in mid-2019

New townships are in focus these days. They are usually found over 30 minutes from the city centre. This is where developers could have a large piece of land for developments over the next 10-15 years. Every developer is trying to build up the attractiveness of such a township because they are usually not your […]

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FIABCI Malaysia: No property bubble bursting soon

These days, in my talks, people no longer ask me about the potential of property bubble bursting. Maybe they have forgotten a viral Whatsapp just a few months back about an imminent property bubble bursting. Maybe they are ow very confident with the new government? Anyway, every time anyone asked, I would point out to […]

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Malaysia’s AirBnB fastest growing in Southeast Asia! 99% increase.

Thinking of short-term rental instead of the usual yearly renewals like today? Well, the first thing will be to make sure that the place you bought for AirBnB allows AirBnB in the first place. Else, the owner who rented out his place under AirBnB could be fined even up to RM200 if they are caught […]

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KLCP 2020 public consultation, Taman Rimba Kiara and corruption

I have been to Taman Rimba Kiara a few times with my family. My kids love it. Perhaps the only issue is that it’s not easy to find parking during the peak periods when people are there for their morning exercise. I always wish we continue to have more green lungs instead of lesser. Thus, […]

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