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Category: Kuala Lumpur / Selangor Props
Kuala Lumpur / Selangor Props

Sime Darby Property’s Fully Taken-Up Ilham Residence 3 (Stage 1)  Proves that the City of Elmina is a Definite Must-Have Address 

ARA DAMANSARA, 24 MARCH 2023 – Sime Darby Property Berhad (“Sime Darby Property” or  “Company”) premiered two new concept homes in the City of Elmina to overwhelming response, proving yet again that the Company delivers what the market demands. All 69 Lifestyle Homes  and 62 Urban Twinhomes units of Ilham Residence 3 (Stage 1) were taken-up at the early bird  preview earlier this month, denoting strong interest in this final landed gated and guarded precinct  within the exclusive Elmina East neighbourhood. 

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ABCs of Property Investment

Property Investment 101: Property price will drop when we have many affordable properties, right?

“Charles, we have too many affordable apartments being built today. This will soon collapse the market.” I still remember this statement from a friend (not a good friend, not a close friend, just a friend) many years ago. Well it was before Covid’s arrival. It was at a time when every developer were telling the world that their affordable project is the best affordable one. Somehow, it scared my friend who thought that property price will collapse when there are too many affordable apartments being built.

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YOLO
ABCs of Personal Finance

Investing into an education township is attractive and possible

I graduated in July 1998. Yes, now you know my generation is known as the Gen-X. It was in 1994 that I started that I enrolled in Inti Subang Jaya for my degree. At the time, all the colleges in Subang Jaya or Bandar Sunway does not have the attractiveness of today. In fact most of them do not even have University status! They are merely colleges and they could not even grant degrees at the end of the studies.

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property
Johor Property News

REHDA: Price hikes in building materials and lesser new launches…

Recently, the National Property Information Centre (NAPIC) published statistics showing that there were a total of 188,000 property transactions worth RM84.4 billion within the H1 2022 alone. For many years, the total transactions in the second half was higher. If we have the same trend for 2022, then it means that the total transactions would be more than just a double of the H1 2022 number.

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Kuala Lumpur / Selangor Props

MIEA: Stronger Property Market 2023

Confidence is growing in the property market based on the JPPH Q3 2022 performance review. Quarter 3, 2022 (July – September), seemed to have been a tumultuous period in view of the then pending 15th general election and the many uncertainties that besieged the country. This always causes concern for real estate practitioners as we are unable to chart the course and direction of the property market in that respective quarter.

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Kuala Lumpur / Selangor Props

S P Setia may hit pre-sales target of RM4 billion

Besides the stock market which may reflect the economic situation, developer’s sales results are also another way to know if the economy is doing well or not. Imagine an econmy where unemployment is high. Salary earners would be worried and definitely will not make any house buying decision until they feel certain that their current job is certain. This is why during a slowdown, property developers will feel the pressure because many buyers may not be thinking of buying a property.

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ABCs of Personal Finance

Personal finance 101. Salary from KL. Property from Selangor.

As per Department of Statistics, Malaysia, the median salary of someone working in Kuala Lumpur is RM10,549 while the median salary for someone working in Selangor is RM8,210. That means one would earn up to 30% extra per month if one were to work in KL instead of Selangor. Just need to note that this is median and that KL would have more of the high paying jobs because someone working within the KL CBD cannot be having a lower pay than someone working in Kajang. Else, better work in Kajang lah since properties in Kajang is much cheaper than KL.

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