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Category: Kuala Lumpur / Selangor Props

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ABCs of Property Investment

High-rise not good price appreciation? These appreciated within 12 months.

I bought my first high-rise unit in 2003. It was then followed by another high-rise and another and well, high-rise units in 6 cities / towns in Malaysia. I only bought my first landed property in 2020 yeah. So, 17 years of just high-rise units. Did I have any price appreciation at all? Haha. When I speak in any events in the future, do ask me yeah. Will tell you all about it. In the mean time, let’s look at actual numbers from iProperty.com.my’s latest media release.

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noora
Kuala Lumpur / Selangor Props

NOÖRA @ DESA PARKCITY by ParkCity Group to be launched end-Nov

NOÖRA @ DESA PARKCITY is slated for launch in the fourth quarter of 2022 Noöra will be a 52 storey integrated development located on a 6 63 acre plot at the southern part of Desa ParkCity Noöra comprises two towers offering 1 156 residences ranging from one to three bedroom units and a dedicated retail component first residential suites development in the township that has a retail portion attached

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KLGCC
Kuala Lumpur / Selangor Props

KLGCC is top three best championship course in Asia Pacific. Cool!

KUALA LUMPUR, 15 NOVEMBER 2022 – The iconic Kuala Lumpur Golf & Country Club (“KLGCC”) is proud of its recognition as one of the top three best championship courses in Asia Pacific, receiving the Best Championship Course in Asia Pacific – Bronze category at the recent Asian Golf Awards 2022 in Vietnam. The award is bestowed to championship-ready golf courses that offer demanding and challenging play, as well as is a nod to KLGCC’s well-established turf management.

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interior
Kuala Lumpur / Selangor Props

Property market Malaysia. Recover soon or recover later?

During the media briefing on Rehda’s Property Industry Survey 1H2022 and Market Outlook 2H2022 and 1H2023, Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk N K Tong said that Malaysia’s real estate industry is unlikely to recover to its pre-pandemic level in the next three to five years.

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inflation
ABCs of Personal Finance

Get ready to LOSE a lot of our money because of inflation

Recently, it has been revealed that many developed countries are suffering from double digit inflation and that’s one major reason why they kept increasing their interest rates in order to tame inflation. One example is the U.S. The interest rates have been raised to the most current 3.8% from an average of 0.9% in 2020. It’s 4x higher versus that starting point. With all these expectations, the US$ continued to chalk new highs versus all major currencies except those which is pegged or linked to it.

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inflation
ABCs of Personal Finance

Why buy property? Better save RM1 million instead

Recently, it has been revealed that many developed countries are suffering from double digit inflation and that’s one major reason why they kept increasing their interest rates in order to tame inflation. One biggest example is the U.S. The interest rates have been raised to the most current 3.8% from an average of 0.9% in 2020. It’s 4x higher versus that starting point. With all these expectations, the US$ continued to chalk new highs versus all major currencies except those which is pegged or linked to it.

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the arena
Kuala Lumpur / Selangor Props

The ARENA where family dreams take flight

As urbanisation continues its inexorable yet rapid growth in cities, families are beginning to realise the challenges of finding the ideal home for their growing members. Family-oriented home buyers are increasingly looking towards Seremban, Negeri Sembilan, where promising tracts of land hold many attractive property developments. Market-savvy house buyers who have their hands on the pulse of the property market have cast their sights on Seremban 2.

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hot property market
ABCs of Property Investment

Overhang properties up means property prices down?

Let’s look at the Total Overhang Units to have an idea how many residential units are actually classified as overhang. Overhang property unit is defined as units that have received their Certificate of Completion and Compliance but remain unsold for more than nine months after launch.

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