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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

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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

Property prices – 10% up for 2014?

Another prediction of property price increase in 2014. This is the Property Outlook Conference (POC) 2014. According to Andaman Group managing director Datuk Seri Vincent Tiew, rising costs will push up the total net cost for a developer by 5% to 8% and thus property prices could go up by about 5% to 10%. The chief reasons … Read moreProperty prices – 10% up for 2014?

Condo market in Ipoh

Ipoh? Condo? Are you out of your mind? I remembered even my parents said condo does not have a market in Ipoh. There are so many landed properties available in Ipoh and much cheaper! I asked them, would they want to move to newer areas since those areas are also much cheaper. They can sell … Read moreCondo market in Ipoh

With RPGT, no more property investment

Someone shared in facebook recently that with RPGT at 30%, the property price would have to increase 40% in order to earn any meaningful profit. Perhaps there’s a confusion here. RPGT is Real Property Gain Tax. In other words, you pay tax on your net profit. If you sell at a loss, you pay nothing. … Read moreWith RPGT, no more property investment

My 2014 wish for property market

After reading through so many articles, especially The Edge which their last issues focus was on how tough 2014 may become, I was a little affected. However, I found many good news too. It seems that in November in Singapore, 95% of whatever was newly launched was SOLD! It mentioned a few points which I … Read moreMy 2014 wish for property market

174,000 millionaires in Singapore

According to a report by Credit Suisse Global Wealth Report, the typical average wealth per adult in Singapore is US$282,000 and this includes a person’s home, if he owns it. In other words, if the house is still under mortgage loan, then it is not included. This is an amazing number and it came to the … Read more174,000 millionaires in Singapore

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