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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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financial knowledge
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Looking at RM versus more currencies

Too many people are trying to ‘sell their business or their programme’ by harping on ringgit’s depreciation versus the US$. It’s like if anyone are still foolish enough to invest in Ringgit based investments, it will be the end of the world for them. (the investors). By the way, I remain extremely confident with the Ringgit especially currently when Ringgit is definitely undervalued if we look at the trade surplus. Countries with trade deficits, their currency should drop! Else we are no longer talking about fundamental and more on speculation.

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internet cities
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Internet cities? What’s that, really?

We have the internet which continues to have an explosive growth in users and penetration. We also have property development where many are being pitched as self-sustaining new townships where people could work, play, grow and even have fun without the need to drive to the city centre everyday. Now there’s this new term called Internet Cities which I read for the first time. It’s something which Iskandar Waterfront Holdings Sdn Bhd (IWH) and Catch Group Sdn Bhd is exploring together.

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IOI City mall
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IOI City Mall set to be the largest mall in Malaysia, with its Phase II opening in August 2022

Putrajaya – The most anticipated moment is finally here! IOI City Mall Phase II will be opening its doors for patronage on 25 August 2022. Strategically located at IOI Resort City, it enjoys a potential population catchment of 3.1 million from nearby townships in southern Klang Valley, namely Putrajaya, Cyberjaya, Kajang, Bangi, Sepang, Puchong and Seri Kembangan. Furthermore, it is approximately a 30-minute drive from the Kuala Lumpur International Airport (KLIA), making it an attractive retail and entertainment hub.

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