Now, that RM1 billion fund from BNM is available to more people. Time to apply?

Many are saying that loan approval is tough. Somehow it’s the banks’ problem for not approving. Somehow it’s the developers’ fault for not selling something affordable. Somehow it’s the fault of handphone manufacturers for selling something ever more expensive every time they launch a new model. Well, maybe can stop blaming and start applying for … Read moreNow, that RM1 billion fund from BNM is available to more people. Time to apply?

Personal finance? Returns on Investment? Personally…

Personally, I define investment as something which I could UNDERSTAND why I could get the returns. If it’s something which I do not understand, then it’s just a purchase with potential returns somehow, it’s just not an investment. For unit trust, I am able to know the stocks which the fund manager is buying into. … Read morePersonal finance? Returns on Investment? Personally…

45,000 new homes, 75% at RM300,000 per unit. Kuala Lumpur.

What is affordability yeah? (Read here) There’s definitely no oversupply of homes if we are looking at supply of homes in Kuala Lumpur (KL) versus the demand from new people starting their career in KL. Let’s be objective, just tertiary education fresh graduates alone, we are looking at no less than a few hundred thousand … Read more45,000 new homes, 75% at RM300,000 per unit. Kuala Lumpur.

KL: US$1.36 psf vs Phnom Penh: US$2.19 psf vs Manila: US$1.86 psf. Enough said.

I posted this a few days ago. Office space Klang Valley: Too many, thus prices on downtrend (click to read yeah) A friend said that comparing Kuala Lumpur versus Singapore or Hong Kong is not apple versus apple. These two are much more advanced cities than Kuala Lumpur. Erm… does that mean cities like Manila, … Read moreKL: US$1.36 psf vs Phnom Penh: US$2.19 psf vs Manila: US$1.86 psf. Enough said.

KL is second friendliest nation in the world. (as per 1.5 million people survey!)

Are Malaysians friendly? I do think we are quite friendly but now all of us should believe we are very friendly. According to an article in thestar.com.my quoting Big 7 Travel, we are ranked 2nd most friendliest nation in the world! The only city ahead of us is Vancouver in Canada. Other top 10 cities … Read moreKL is second friendliest nation in the world. (as per 1.5 million people survey!)

Just perspectives. Lower sales target, property market soft or Still profitable, still billions of sales.

When people are not buying properties, the developers will provide more freebies. The owners will be more willing to consider price offers which are lower than what they wanted initially. Even the auction market is showing the same situation. Good properties are now sold in the 3rd or 4th auction instead of the 2nd and … Read moreJust perspectives. Lower sales target, property market soft or Still profitable, still billions of sales.

Population and Property. It has to be in the same theme.

Without sufficient population growth, the demand for property will be slowing. Not in the immediate future but it meant that the need for ever more properties will not be coming true. The median age for Malaysia is still 29. Yeah, a very youthful country. Earlier article here: Median age for Malaysia is still below 30. … Read morePopulation and Property. It has to be in the same theme.

Office space Klang Valley? Too many, thus getting worse in unoccupied rates.

if we build office space only when we need them, it meant that supply will be coming in slower than demand. By the way, there’s no such thing as 100% occupancy rate for office space yeah. You see, if I need an office and I want it to be in the city centre for example, … Read moreOffice space Klang Valley? Too many, thus getting worse in unoccupied rates.

KL prime properties? Not affected by the prevailing negative market. (Of course…)

I have shared this many times during my talks. Imagine a mature neighbourhood with all available amenities. Everything is ready. Where all the available land is already fully developed except for some very small plots of land. Everyone bought some time back and they love the area. Not many are thinking of moving away because … Read moreKL prime properties? Not affected by the prevailing negative market. (Of course…)

It’s official. We work too hard. Wait a minute… what?

I have had the pleasure of working with and conducting trainings to teams from many different countries including Japan, Hong Kong, Singapore, Indonesia, Thailand, the Philippines and my dear Malaysia. Yes, I do feel the pressure as a Malaysian working professional when I am in all of these countries. There are definitely differences in the … Read moreIt’s official. We work too hard. Wait a minute… what?

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