There has been many reports about the state of office occupancy in KL city centre. Most of the reports point towards oversupply. Well, six more new buildings have joined the office space scene. They are Menara Bangkok Bank, Ilham Baru Tower, Naza Tower KL City, KEN TTDI, Menara MBMR and The Crest Sultan Ismail. These … Read moreOccupancy at 85% BUT 75% over 16 years old.
Mah Sing Group Bhd has set itself a sales target of RM3.43 billion for 2015 and it is confident of achieving this number. Their focus? AFFORDABLE homes with their focus primarily within the Klang Valley. As at April 22 2015, the total sales has hit RM761 million. Using this number as base, Mah Sing may … Read moreMah Sing: High targets supported by affordability and location
Has the Malaysian property market stopped its downtrend? It does seem so when we look at the transaction numbers for 2014 versus the years before. My good friend, Michael Geh, the senior partner of Raine & Horne International Zaki + Partners Sdn Bhd’s forwarded to me the numbers compiled by NAPIC. Please refer to the … Read moreMalaysia residential property market recovery in 2014
When you reached your university age, were you eager to move out? To have your own secondary home even if it is just a rented room? To be able to have total freedom and no one to watch over you? Well, truth is, I did not have such desire but I could see among my … Read moreAt what age should you move out?
Remember an earlier article about the embassy lands? Read here: Property Prices, Prime Locations, Embassy Land Sale Latest update is that the French Embassy Land may be sold very soon and the winner is said to be MRCB. The sale of this last few pieces of embassy lands is via a competitive tender. The land … Read moreFinal few expensive pieces; French Embassy land
Everyone tells us that we must always aim for good debts. Property mortgage is considered a good debt that everyone must have. This is very true. However, if you have to borrow ‘new’ money instead of own savings in order to buy a property, how can this be a good debt? You have no money … Read moreUsing ‘bad debts’ to buy ‘good debts’?
It’s always funny. Those who loves to buy, loves to buy the most during slow or bad times. Those who are afraid to buy during great times tell you that they want to wait for bad time but during bad time, it is not likely that they can suddenly become courageous. Well, this is the … Read moreMORE land buying, even during current slow period?
Reported in a local English daily. How much is a piece of land measuring around 144,000sf? It is said to be worth between RM360 million to RM400 million. Yes, this is ONLY the land price. Construction is a totally different thing altogether. Of course, this piece of land is very close to Petronas Twin Towers. … Read moreLand prices, new projects and debts vs GDV
A reader asked me a few days ago if he should proceed with his property purchase since 1MDB is such a huge issue. He asked if it would cause the collapse of the economy and bring with it the property market. Of course, if this is the case, it may be best to wait till … Read moreStay focussed. 1MDB is not your concern.
Gen-Yers are said to be less tolerant, want to be promoted fast and most of the time, spend their money as it there’s no tomorrow. As a Gen-X, I beg to differ. Thus far I have had pleasant working relationship with many of them and some are really above average likely to be very successful in … Read moreAre you buying for VALUE or GLAMOUR?