Remember an earlier article about the number of people registered for the low cost and affordable homes in Penang. Penang affordable properties – 51,238 applications! In a news article in TMI, local government exco Chow Kon Yeow said that within two to three years’ time, all the people’s needs for affordable homes would be met. He said … Read more5,000 registered. 22,000 by state and 20,000 by private developers?
Today, a friend said that she read online that from June 2015 onwards, there would be no more petrol subsidy. She was upset that the subsidy would be no more. After all the world oil prices are going down, why can’t the government just maintain the same amount of subsidy? Many people argued that there … Read morePetrol Subsidy cut totally beginning June 2015. Get ready.
MRT Tunnel boring news. No, the ‘boring’ here is not the same meaning as not interested. It’s a tunnelling news. The breakthrough for the twin MRT tunnels right underneath Jalan Bukit Bintang has been completed. I drove past twice during the weekend without feeling anything. Then again, if I could I think I may not … Read moreMRT Tunnel boring news breakthrough – On track!
Penangpropertytalk.com founder, Ken Lim sent me a note that this weekend (24 – 26 Oct), there are three property fairs in Penang, by three different organisers, in three different venues. It was the very first time that this has happened. This weekend, I went to two malls in KL, both had property fairs and I … Read moreToo many property fairs, good or bad for developers?
According to a research done by US-based Demographia, Malaysia’s residential housing market is ‘severely unaffordable’. The situation is worst than Singapore, Japan and United States. It said that housing are severely unaffordable if the median of house price to annual income is 5.1 times. Malaysia clocked 5.5 times compared to Singapore’s 5.1 and United States … Read more‘Severely unaffordable’, worst than Singapore, Japan and USA. US-based Demographia.
Rail is amazing, especially the high speed ones. I loved it so much when I travelled from Tokyo to many other cities until I reached Fukuoka, all via bullet trains. It’s smooth and on time every time except when the earthquake and tsunami came. Yes, I was in Japan at the same time in 2011. … Read moreChina to Singapore through Malaysia with High Speed Rail. 12 hours?
Just last week, someone told me that no one should buy properties if they are not ready. I asked what does it mean by not being ready? He said, lots of reasons, especially these days when the money is insufficient and the cost of goods are all so high. Furthermore properties are also so expensive. … Read moreBuying a property. Way too Far, too High and too Soon (updated)
The 7 stops in Malaysia includes Kuala Lumpur, Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat and Nusajaya. This has been confirmed by Malaysia’s Land Public Transport Chairman, Syed Hamid Albar. As written earlier, the meetings were as frequent as monthly. Constrcution could even begin within 2015. Possibly as soon as third quarter of next year! … Read moreHSR: KL – Singapore, 7 stops in Malaysia, buy, buy and buy now?
Many property gurus travel to Melaka to speak about Melaka property market. More often than not, they do not stay in Melaka. Most of the time in property fairs in KL or Penang or even JB, it will be tough to pitch Melaka properties especially when people regard it as a secondary city when it … Read moreProperty Melaka – Today, Tomorrow and Beyond (For Investment)
When you have decided to buy, you would normally view the properties within the requirements you have decided. Typically if you are quite sure, it would take 5 – 10 viewings and you would have decided. For those who have more than a few properties, it may take you just 1 – 2 views to … Read moreBuying a property. Why the long…………… wait for the whole process?