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Property Bubble everywhere

There has been nearly no talk about property bubble in Malaysia. Except for Forbes report recently. Is this because there is no property bubble yet? Or is the market too small and thus, not many analysts are covering it? The worst scenario predicted was that the market would be flat till 2016 before prices start … Read moreProperty Bubble everywhere

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Long term uptrend intact – HLIB

HLIB (Hong Leong Investment Bank Research) said that there are still many projects that continue to register high take up rate and gave an example of Paloma by Tropicana Corp Bhd which achieved 60% sales within one month of launch. This is still happening despite the tightening of the property market with more cooling measures … Read moreLong term uptrend intact – HLIB

Penang property market – Number and Values of Transactions

Thanks to Michael Geh, the Senior Partner of Raine & Horne, we have this chart comparing the number and value of transactions by category of market in Penang from 1H2010 to 1H2013. We can see the actual sudden increase was from H1 2010 to H1 2011. The primary market transactions grew nearly 700%! This however … Read morePenang property market – Number and Values of Transactions

Buying from a reputable developer

Many years ago,  my sister happily told me that she has placed deposit for a condo in Penang. I knew about the project.  I asked her to cancel it. She asked me why.  I said I prefer more reputable developers because it is a new property that you want to stay.  She cancelled it and … Read moreBuying from a reputable developer

Penang new launchings in 2014

Would there be lesser property launches in Penang for 2014? Would Penang be the least affected property market? Thanks to Mr. Michael Geh, Senior Partner of Raine & Horne, we can view many of the upcoming official new launches easily within one page. Some of the projects below were already unofficially launched earlier where buyers … Read morePenang new launchings in 2014

Recent property outlook opinions by property gurus

So many people have said so many different things. Predictions ranges from frothiness or potential bubble or prices continuing to go up. Recently, the highlight was on the potential for secondary market to start shining after being overshadowed by new launchings since 2010. This coming weekend, I will start sharing some very enlightening and interesting … Read moreRecent property outlook opinions by property gurus

Penang properties – Tanjung Tokong

I stayed for a few years in Tanjung Bungah when I was still working in Menara Boustead ( formerly PSCI). I stayed in Leader Garden. In fact that was the very first time I stayed in a condo because before that, I used to rent a room along the huge houses in Barrack Road. I … Read morePenang properties – Tanjung Tokong

Landed for RM900K in Penang, buy?

A close friend asked if a landed property in Penang is worth buying. He gave me the project name. My advice to him was simple. I have not been to the project but if it meets three requirements, buying a landed property inside Penang island can never be wrong Dimension. If you log in to … Read moreLanded for RM900K in Penang, buy?

IKEA and Batu Kawan – buy now?

Ikea is coming to Penang! Today, Penang CM Lim Guan Eng announced a good news for Penang. IKEA is opening in Penang. In fact, it is a good news for Perakians, Kedahans and ‘Perlisians?’ too. This is because they no longer need to drive like crazy, buy a few things in IKEA and then drive … Read moreIKEA and Batu Kawan – buy now?

Even more new malls coming up in Klang Valley

Every weekend, I would go shopping, I meant window shopping. Anyway, the main destination is still shopping malls. I have only a few favourites. Number one is 1 Utama, followed very closely by Sunway Pyramid and then Mid Valley. The rest are just too far for my liking since I stay in Kelana Jaya. I … Read moreEven more new malls coming up in Klang Valley

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