Just days ago, someone in America gave Ipoh a ranking of top 10 MOST AFFORDABLE place to retire in the world. Full report is here: http://money.usnews.com/money/blogs/on-retirement/2014/04/16/the-worlds-9-most-affordable-places-to-retire She wrote that Ipoh is a very good place to retire because one only need a monthly budget of US$897. Based on today’s exchange rate, this is about RM2,850 per … Read moreBest place always; Retire in Ipoh.
On and off, we hear the grumbles from some of our friends that the property prices are expensive. Then, when I pointed out that it is not true and that they can still buy apartments for less than RM200,000. Their answer was, they wanted a condo instead. Then, when I pointed out that for a … Read moreAre buyers really desperate?
A good news for Penang property market, even if majority of us including myself may not be able to afford it. Eastern & Oriental Bhd (E&O) has gotten a conditional approval from the Department of Environment (DOE) to develop the Phase 2 of its Seri Tanjung Pinang (STP) Project. It was reported that they have … Read morePenang Properties – Now we get serious – GDV of RM25 Billion
Looking at the price, looking at the currency, looking at my pocket and counting all my money, I concluded decisively that I am way too far from being able to afford such a property today or even tomorrow. Yet, I am ok. At least I know of one friend who has bought a unit in … Read moreOnly RM12,627 per sq ft, expected to finish within one day
A friend asked today whether it makes sense for KL properties to be RM673K. She was referring to the JPPH latest data for whole of 2013. I explained briefly. The average price is as per what the name stated, average price. It does not even mean that the majority of all properties are priced at that … Read moreAverage Value of residential properties in KL is RM673K
A friend asked me just yesterday if she should consider buying a new condo project in Penang. It is 700 plus sf and comes with one car park. I said, ‘Huh? Only one car park?’ It was priced at RM650psf. I told her, I do not like any condo project which still gives just one … Read moreSlowing down property market, cutting corner developers, what a combination.
I remembered the first time I went to Sunway Lagoon theme park, I was so amazed by its water park then. Had so much fun that after that trip I have gone there no less than 6-8 other times, normally with friends. There was even once when my friend persuaded me to abandon my policy … Read moreSunway’s theme park expanding with Nickelodeon themed attractions
From Penang, I got to know that one developer who launched its condo project without free car park is now giving one (1) car park. However, my expectation for ANY new condo project is two (2) car parks. Thus far, this has been true for all new launches from established developers as well as newer … Read morePenang Property market slowed down – Updated
Have you ever bought a new iPhone from a stall in a departmental store? Have you ever bought a new car from a roadside stall? iPhone is RM2,500 and you expect to buy it from a nice authorised Apple Store. Irregardless of the car brand, you expect a showroom as well as a test drive. … Read moreSelling Condos of RM500,000 or higher with One Desk and Two Plastic chairs
Many reports have shown the slowing down of transactions in Iskandar. However, if we look at land transactions, it is continuing and is not showing any slowing down signs thus far. The latest deal was by Greenland Group of China, buying 13.96 acres from Iskandar Waterfront Holdings Sdn Bhd (IWH) at a cost of RM600 … Read moreIskandar Malaysia – medium term prospects concern