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Category: Kuala Lumpur / Selangor Props

rain drops
Kuala Lumpur / Selangor Props

If a sinkhole happened before, why does it happen again at the same place?

Pardon me for saying this. Why did we let a sinkhole which has happened at the same place last year happen again this year? One bitten twice shy? Wrong action the first time is a mistake but to repeat the wrong action again would now be a foolish action. Now, it has caused a woman to be ‘swallowed’ and is still missing as at the report below.

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landslide in a forest
Kuala Lumpur / Selangor Props

Landslip in Setapak for one house. Evacuations ordered.

If you are wondering what is the difference between landslip versus landslide, most of the definitions and explanations I found says that they are the same. So, landslip and landslide can be used interchangeably even if some explanations say landslip is over a longer period of time and landslide is immediate. So you can also say that landslip happens first and then only a landslide happens?

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rural path through green trees
Kuala Lumpur / Selangor Props

When land acquisition goes wrong, it has huge financial implications

I do not own any land as I do not have the holding power to do so. Yes, land is one of the very best investment if one has holding power. From a few ringgit per sq ft, it could be a few hundred per sq ft or even more. Of course it also depends on where the land parcel is yeah. Not every parcel will suddenly appreciate. Some may still be almost the same value if not lower.

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buildings during golden hour
ABCs of Property Investment

8.8 million population has been reached! (what an auspicious number indeed)

We are talking about the city which I have made my home 11 years ago; Kuala Lumpur. Every time someone asked if I miss Penang since I have worked there for 15 years, I told them a firm no. It’s not an apple to apple comparison yeah. Penang is a great place for engineers for example. However Kuala Lumpur attracts diverse companies and thus provide a lot more diverse job opportunities.

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friends walking in a hostel s hallway
KL and Selangor Property

Homeowners are supposed to rent only to locals?

Sorry. I do not understand the article below. Basically, it is implied that when it comes to renting out their property, homeowners are supposed to ensure they only rent to locals? If they rent out to foreigners, then it’s not good because then they will turn the neighbourhood into a foreign colony. However, at the moment, this is more of an advice since there are no legal requirement that Malaysian homeowners can only rent out to locals and not foreigners. Do read on and let me know your thoughts, if you also own properties in the areas stated below.

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tennis ball on tennis racket on floor
Kuala Lumpur / Selangor Props

106.4ha of land near Jalan Duta must be returned to a private company

It is important that when we acquire any real estate that everything is in order. If it’s not, then the owner may take bring a case to the courts and this can happen even years later. This was what happened with a prominent piece of land involving the government and a private company and the judgement was delivered by the High Court and the reason was because the acquisition of the said piece of land was not lawfully executed. 106.54ha is equivalent to around 263 acres. Yes, this is one super huge piece of land.

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bird s eye view of city
Johor Property News

Malaysia’s real estate comeback for Selangor and Johor

I stay in Selangor today and my children are studying in Kuala Lumpur. I am of the opinion that both Selangor and Kuala Lumpur continue to see a steady growth in the property transaction numbers. In my conversation with a real estate agent (who’s about to get her REA in 1 year, maybe), she shared that her focus is now on properties which are priced from RM500,000 to RM700,000 because that seems to be the sweet spot right now.

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panoramic photography of green field
Kuala Lumpur / Selangor Props

Mah Sing’s RM1 billion development in Taman Desa

Article in theedgemalaysia.com Mah Sing Group Bhd (KL:MAHSING) is acquiring land in Taman Desa, Kuala Lumpur for RM108 million which will be developed into serviced apartments and affordable housing units.

The planned development is estimated to have a gross development value of RM1.01 billion.

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