We have known of the crazy land prices in certain hotspots near KLCC. It can be as high as RM3,500psf and potentially even higher in future. In comparison, my friend’s uncle’s land somewhere in Teluk Intan was sold for just RM8 psf not too long ago. Haha. Yes. RM8 psf versus RM3,500 psf. What’s happening … Read moreHigher plot ratio better, right?
An old friend called me up the other day. He had just got the keys for his brand new condo and he was thinking if he should sell or rent. To escape from paying Real Property Gains Tax (RPGT), it is 3 years away. To sell now, the agent was telling him that he could … Read moreScared of RPGT but willing to wait and risk?
Should I buy? Should I sell? This has been a question for first-time buyers and home owners respectively. It’s not an easy question to answer but these days, there are more reference points that we can access online. For example, property related forums, property portals and even news portals. Long time ago, these were not … Read moreMore information before property decision
A colleague asked me a question the other day over lunch. He said, ‘you know I live in Klang, do you think Klang properties would increase in price to be like Kuala Lumpur.’ I said, what do you think. He said he does not think so. We both laughed. Honestly, if we are working in … Read moreKSL in Klang, RM2 Billion mixed development, 2018
Nope, that’s not a typo. It’s really the SP Setia with their Rumah Selangorku project. Slated to be launched soon. The smaller unit of 800sf would be priced at RM170,000 and the bigger one, RM200,000. I think, the bigger unit would be much more popular in this case. In a recent press conference, SP Setia … Read moreSP Setia: 800sf – RM170,000 and 900sf – RM200,000
Today (20 June), I bought The Star newspaper and every 2-3 pages, there is ONE property advertisement. Total number of property advertisements? 17. How many did I remember? A few lah. Haha. There were also many from out of Malaysia. Don’t they know Ringgit is down and thus would be tougher for Malaysians to buy … Read moreWhy are there SO MANY property advertisements in newspaper?
Are crime rates increasing or decreasing? I think anyone who is reading this has already made a conclusion that it has to be increasing. There are a lot more of those robberies and petty thefts being circulated in the social media these days. This is the reason why many are trying their best to stay … Read moreSafety will always be utmost important.
According to wikipedia, a typical prison cell is 48 sf. Thus, if 1,000 people have to stay within a 44,000sf building, that means each person would have only 44 ft to themselves. This is smaller than a prison cell! Do not worry, if there are ten floors, then each would now have 440sf and if … Read moreAffordable units? 1,000 people per 44,000sf
Since I wrote about this before, will write an ending to this. Earlier: The location less loved by many, perhaps Reported in some English dailies, Hua Yang has terminated its land deal in Selayang with Nation Holdings Sdn Bhd (Nation) to acquire 8.09 acres of leasehold land. According to Kenanga Research, the termination was said … Read moreI lost a Selayang opportunity by Hua Yang
These days, developers whether big or small are focussing on affordable units. They are worried if they launch the more luxurious ones, it would not sell. They are right. For now, not many sane Malaysians would rush to buy anything which they think is overpriced. In fact, even retail sales is down. However, apart from … Read moreAffordable not just focus of developers.