Category: Real Estate

What if you do not wish to sell your unit but majority wanted to sell theirs? If you are an owner of a strata high-rise unit and you have owned the same unit for the past 30 years or so, you may already be earning a pretty decent return on investment from your rental since…

Battersea Power Station signs global marketing group, TEAM LEWIS at 50 Electric Boulevard office space ● Global marketing group, TEAM LEWIS has leased the entire top floor of the Foster + Partners-designed 50 Electric Boulevard● The 10,500 sq ft space will be the marketing agency’s new global HQ, with the firm relocating from Millbank Tower,…

Property Investment 101: ONE reason why it’s IMPOSSIBLE to buy a property nowadays What’s your perfect property? One which is very affordable and meets all that you want plus needs? Perhaps just a SOHO unit with security and is a Transit Oriented Development (TOD) which you can go to the ground floor and walk to…

Property price too high lah. Who should we blame? Seriously, that’s the price you paid for? They promised you? They gave you rebates? You spent it all?! Property prices don’t necessarily go up just because the market is moving or seems to be getting better. If we bought at a high price because of a…

Property Investment 101: 8 tips to inspect your exciting new home You excitingly go to the developer’s office to take the keys to your new home. The very next thing you would have to do quickly is to check for defects because if you do it later, then you need to know that many homeowners…

Tropicana Wins Gold At ESG Positive Impact Awards 2024 For Its ESG Excellence   • Tropicana came out tops when the Group won Gold at The Star’s ESG Positive Impact Awards 2024 in the Environmental Category under the Responsible Consumption & Production Division. • The award recognises businesses that embrace and achieve outstanding sustainable business …

If only we have higher salary today, then we can buy property earlier, right? If we earn higher, do we use the money to buy a property? This might be a tricky question. Should we think higher income makes homes more affordable? Or property affordability drives property demand? In other words, this is like a…

Do you know the value of the football club you love so much? Who’s your favourite football team? Red Devils? The Gunners? Los Blancos? Why do you love them so much? Have you purchased any merchandise from them? Perhaps a very expensive jersey… Maybe a jacket… Maybe a good quality polo shirt… Have you visited…

Press Release: The International Real Estate Conference 2024 (IREC2024) On 6th -8th September 2024 At Grand Hyatt Hotel, Kuala Lumpur Theme – “BRIDGING BORDERS BUILDING OPPORTUNITIES” What is IREC 2024? IREC (International Real Estate Conference) is an international real estate event that debuted in the Asian region in 2015. It is an annual event that…

Tranquil Homecoming: Beyond Nature’s Beauty IJM Land’s Ridge View Phase 2 Triumphs, Reflecting Unprecedented Buyer Enthusiasm As another triumphant milestone, IJM Land is pleased to announce the launch of Phase 2 of Ridge View @ Puchong, a premium residential development that has quickly become one of Puchong’s most sought-after addresses. This new phase introduces a…

Thailand’s land bridge versus Melaka straits and Port of Singapore? If you are wondering what is this land bridge, it’s a project which involves connecting the Andaman Sea with the Gulf of Thailand. Briefly, for ships to bypass the straits of Melaka and thus also skipping the mighty Singapore port altogether. It may not be…

Working as a cleaner, why need to feel ashamed? Seriously, is there a need to feel ashamed with the job we do? Did we cheat? Did we rob? Did we steal? I know of SO MANY people who cheat people… rob people of opportunities… steal the work of others and pretend as their own. These…

Do you want to visit Europe? Which country is cheaper and thus better? My friend’s moving to Germany, to a small little town called Melsungen. She said the salary scale will follow the small little town’s salary range and it’s not as high as what people may think. Do you want to know a little…

When we retire and we really have just RM240,000 in our EPF, what happens next? When money in account continuously falls, it’s stressful My close friend who has retired for a few years told me this, “every month, I see the amount in the bank going lower. It makes me stressful too.” She has some…

Trinity Rainfora: Where Urban Living Meets Nature’s Serenity Commemorating 20 Years of Innovation, Trinity Group Launches the Gold Assurance  Programme—Security and Serenity in One Unmatched Package  Kuala Lumpur, 4 September 2024 – Trinity Group unveils its latest landmark development,  Trinity Rainfora, a unique rainforest-inspired transit-oriented development (TOD) in Klang  Valley. With a Gross Development Value…

Adelaide, Perth overtake Melbourne home values? Are property prices just too high in Australia? I have been to Perth, Melbourne and Sydney. Melbourne is more vibrant than Perth. So, Perth property prices has always been lower than Melbourne. That’s what I learnt when I searched and that’s what everyone has been saying too. Latest report…

Press release: Elmina Lakeside Mall Now Open: A Nature-Inspired Lifestyle Community Hub by Sime Darby Property SHAH ALAM, 2 September 2024 – Set to redefine the shopping experience in the northern Shah Alam area, Sime Darby Property Berhad (“Sime Darby Property” or “the Company”) officially marked the soft opening of Elmina Lakeside Mall (“ELM”) with…

Almost every adult to get US$292 (RM1,274) Thailand’s new Prime Minister is Paeteongtarn Shinawatra. She is the daughter of former leader Thaksin Shinawatra. The biggest news for Thai people would be the planned handout of US$14 billion in cash by the Thai government to turbocharge an economy which has been lagging the growth of its…

CONCORDE HOTEL & SHOPPING CENTRE UP FOR COLLECTIVE SALE: ORCHARD ROAD MIXED USE REDEVELOPMENT SITE WITH PROMINENT FRONTAGE For Immediate Release – Savills Singapore, as the exclusive marketing agent, is pleased to launch Concorde Hotel & Shopping Centre on 100 Orchard Road for sale by way of a public tender. Enjoying a very prominent frontage of…

Love Scam victim loses RM1.98 million Dear guys, please stay away from lovers who said they love you but they need your money. Think logically, do they love you or do they love your money in this case? If it has been a long term relationship, it’s quite safe but if someone you just got…

Tropicana & Greenre Ink Green Building MOU,  Pledging Its Commitment To Sustainable Living • Positioning itself as an eco-friendly and sustainable community builder, Tropicana inked an MOU  with GreenRE to pledge a long-term partnership anchored on sustainable living. • This MOU demonstrated Tropicana’s commitment to sustainable practices and green building  excellence.  • This initiative also…

Thinking of investing into gold? Bearish signs now. Do we buy when reports are speaking positive things about gold? For example, the latest article here: Gold getting more expensive and property price may dip? Before we even start to buy, we now have many bearish news about gold. The below are just three out of…

REA considering buying Rightmove? IF you have no idea who is REA or Rightmove, then you may skip this article already. REA Group is a giant for a company of its kind; real estate site. Rightmove is UK’s public listed real estate company. In other words, based on reports from media, a giant from Australia…

My good friend’s moving to Melsungen for work. Where’s that? Can buy property ah? Melsungen is a small ‘city’ in Germany. Please do not say it’s a town. The people there may not like it. There’s just 13,000 people living there but as per Wikipedia, within this 13,000 people there are 8 billionaires because Melsungen…

Going Japan for a holiday? ‘Authorization’ is needed for Malaysians. I think I have been to around 20 countries thus far. The country I love the most is Japan. Culturally it’s deep. Technologically advanced, even the toilets! Sights and sounds wise, second to none. From the hills to the temples and to the sea side….

Sabah-MM2H is now under Sabah state government. What are the changes? My wish is for MM2H to do well. Whether it’s federal government’s MM2H or the Sarawak MM2H or the Sabah MM2H programs. There were some ‘miscommunication’ between the Minister of Tourism, Arts and Culture and Sabah’s Minister of Tourism, Culture and Environment about MM2H…

Press Release: IOI Properties Group Berhad decides not to accept the Proposal to Acquire Shenton 101 and enters into two Management Agreements for the Redevelopment of Shenton House Putrajaya, 28 August 2024 – IOI Properties Group Berhad (IOI 置业集团, Stock code: 5249) announced today that its Board of Directors (“Board”) has decided not to accept…

Tropicana Registers Higher Q2 Profit ● Tropicana Group’s profit before tax rose to RM76.1 million in Q2 2024, compared to RM1.8  million in Q2 2023.  ● Tropicana’s financial position continues to strengthen, with gross gearing level reduced from 0.74 times as of 31 December 2023 to 0.65 times as of 30 June 2024.  ● The…

Press Release: IOI Properties Group Ends FY2024 on a High Note ▪ FY2024 Revenue Surged to RM2.94 billion▪ FY2024 PBT Surged 42% to RM2.30 billion▪ 32% Growth in Property Investment Segment Revenue Putrajaya – IOI Properties Group Berhad (“IOIPG” or “Group”) recorded a revenue of RM2.94 billion forfinancial year 2024 (“FY2024”) which ended on 30…

EPF news: If no money, why still travel? Sorry but I could not understand why people like to owe money which is due to their employees. Once upon a time, a friend also did the same to his employees. Sigh. I hope that friend has changed his ways and be good to his employees. They…

Australia is facing severe housing crisis? I have visited Perth, Melbourne and Sydney. Twice for Perth. Cheaper and closer. I think they are all very nice places. Perth is not as cosmopolitan as Melbourne or Sydney but has its charms too. The only thing is that by 4th day in any of these cities, I…

Melaka’s high home ownership and low property price Ever since I have started working in KL 11 years ago, I have been to Melaka more than once every year. It’s near enough, it has lots of good food, why not? I have stayed in many different places and not necessarily must be in the Melaka…

KIP REIT buying a leasehold land for RM14.8 million to expand retail asset investments I personally think Real Estate Investment Trust (REIT) is suitable for many investors who just want a stable dividend returns without the need to worry. The investor also does not need to spend time to view and having to decide or…

Tropicana Seals RM383 Million Land Deal With NTT Data Group To Build Data Centre In Johor ● Tropicana Firstwide entered into RM383 million Sale and Purchase Agreement with the indirect  subsidiaries of NTT Data Group for the sale of 68.457 acres of land in Johor Bahru. ● This land sale denotes Tropicana’s agility and ability…

Press Release: Sime Darby Property Secures 12th Consecutive BCI Asia Top 10 Developers Award − Recognised as one of the top 10 developers in Malaysia;− The award recognises the Group’s efforts in delivering high-quality developments and itscommitment to setting benchmarks in sustainable township. ARA DAMANSARA, 19 AUGUST 2024 – Sime Darby Property Berhad (“Sime Darby…

Trinity Group Launches Malaysia’s First Gold Assurance Programme Sets New Standards in Malaysia’s Property Market Trinity Group proudly announces the launch of  its Gold Assurance Programme, becoming Malaysia’s first property developer to offer  unmatched assurance in the local real estate market.  Unmatched Assurance: A New Gold Standard  The Gold Assurance Programme introduces several key features…

Press Release: Sime Darby Property Doubles Half-Year Profit. Hits RM2.1 Billion Sales Mark Strongest H1 Performance for Revenue, Operating Profit & Sales since the 2017 demerger; Achieved 59% Revenue growth to RM2.2 billion (H1 FY2024 vs H1 FY2023); PBT surged 110% to RM446.3 million and PATAMI doubled to RM285.5 million; Achieved RM2.1 billion in sales,…

KL luxury property prices going up due to foreign buyers? I like to ask everyone, when someone says luxury property, what’s the price point which we are talking about? RM800,000? RM900,000? RM1 million? Erm… I think these days, RM1 million property may just be sub-luxury. A typical double-storey terrace home in a properly planned township…

Press Release: Chan Ai Cheng Makes History as First Second-Generation Woman to Win Prestigious Estate Agent of the Year Award Kuala Lumpur, August 25, 2024 – Chan Ai Cheng has been honoured as the Estate Agent of the Year 2023 at the recent 26 th Convocation & Dinner organised by the Board of Valuers, Appraisers,…

Is our salary growing faster than property price? What’s your answer to this question? Is our salary growing faster than property price? Briefly, except for the exceptional professionals whose rise up the corporate ladder is faster than majority or the business people whose business growth far exceeded the ones whose business ventures failed, the answer…

SUNWAY CONSTRUCTION’S PROFIT BEFORE TAX RISES 19% TORM50 MILLION IN Q2 FY2024, DECLARES HIGHER INTERIM DIVIDEND OF 3.5 SEN. SUNWAY CONSTRUCTION’S PROFIT BEFORE TAX RISES 19% TO RM50 MILLION IN Q2 FY2024, DECLARES HIGHER INTERIM DIVIDEND OF 3.5 SEN. o Revenue increased 7.8% to RM651.2 million in Q2 FY2024, led by better performance from the…

If a sinkhole happened before, why does it happen again at the same place? Pardon me for saying this. Why did we let a sinkhole which has happened at the same place last year happen again this year? One bitten twice shy? Wrong action the first time is a mistake but to repeat the wrong…

Personal Finance 101: If we get retrenched, are we prepared and ready? If we look at the world we live in today, disruptions are happening every day. Companies learnt that the way they used to operate may have to change and they will have to adapt. In this process of new change, many changes will…

Press Release: Low Yat Group’s The RiverCity Partners with Animal Kindness Coalition to Advocate for Humane Stray Management and Celebrate Pet Friendly Urban Living at Pawsitive Fiesta Header Image courtesy of AKC: One of the pawrents with their resilient furry friend, a disabled dog, at Pawsitive Fiesta, co-hosted by The RiverCity and Animal Kindness Coalition….

Property Investment 101: 7 reasons why secondary market is not a second choice A close friend who’s a senior manager in a US MNC asked me about purchasing a property as she wanted to advise her staff who’s looking at new properties. Her staff told her that all the new properties are so expensive. Her…

New Capital City Nusantara: Why and Progress Okay, if you have not heard about this Nusantara capital city, then it’s time to follow its news a bit more closely yeah. This is the new capital city of Indonesia and is supposed to replace Jakarta in the future. Many reasons which we will go through below…

4 reasons to wait until 2025 before buying a property My advice when it comes to buying a property is a simple one. Buy something you need and can afford comfortably. Else, it’s perfectly find to keep renting a property you feel comfortable with and you could afford the rental comfortably. It would be foolish…

4 Tips On Building Up an Emergency Fund Do you have any emergency fund which is ready and could be utilized anytime needed? Nope, emergency fund is not our credit card. The interest is far too high for it to become an emergency fund and it will just cause the whole situation to become worse….

Why is gold price rising when interest rates are decreasing? People used to say that when the interest rates are lowered because it wants to encourage growth, it will also cause people to take out their money from the bank and perhaps investing into other financial instruments to earn dividends. Some of these people may…

Property Investment 101: Do you enjoy more as a home owner or a tenant? Sorry, the answer is not ONLY the home owner. In fact you will soon see why home owner does not necessarily enjoy more when they are compared to the tenant. As usual, these are my views as both a home owner…

Private sector (profitable ones) should give higher salaries It’s good news for the civil service as announced by PM Anwar Ibrahim recently. Double-digit salary increase was announced. Here’s that latest article: Higher Salary Means More Money for Spending! (click to read) After increasing the salary of the civil servants, there is now an advice to…

RM2.3 billion IPO is largest within past seven years There are TWO 99 Speed Marts in my neighborhood. I have visited both, especially the one which I frequent often when everyone was under lock down and we cannot travel too far away from our home. Usually, the item racks are quite near to one another…

Silicon Island of Penang? 2027 is the day for something significant to happen Apologies. This is the first time I read about the Silicon Island. Somehow, this news did not reach me previously and now I get to know about this super huge development on a reclaimed island in Penang. Then I read further and…

Higher salary means more money for spending! Civil servants will receive double digits adjustments in salary. This has been long announced but now we have the actual number. It’s positive definitely. More money means more spending. More spending means more growth. Just need to remind everyone that the civil service is the backbone of any…

How come property prices suddenly rise? Can still buy? This is one question which people ask me all the time. My answer? As long as you can earn a lot more than the typical people, property is not really necessary. However, if you salary is typical, then I treat property as a hedge against inflation…

Do we expect lower petrol prices soon? Nope, not talking about the removal of subsidy for RON95. Of course that would push prices up lah. However, there’s this news that the global demand for oil is slowing down. Nope, I seriously do not believe this lower demand for oil is caused by Electric Vehicles (EVs)….

Highest in 16 months for the ringgit versus the US dollar! With many positive news for the ringgit for the past few weeks, I would say I was expecting our ringgit to perform much better than the currency which belongs to the country with such a huge deficit (versus us with budget surpluses) and such…

RM32 billion investment into Tanjung Malim, Perak RM32 billion investment into Tanjung Malim, Perak In 2023, Geely was the top 4 manufacturer for EVs. Here is the comment for them in an article about the top 10 EV manufacturers: “Experiencing major growth in 2022, GEELY is now operating more in the EV space. With the…

Samsung Showcases Bespoke AI Home In Collaboration with Gamuda Land Offering smart and sustainable home living solutions to ease everyday living and optimise energy consumption KUALA LUMPUR, 13 August 2024—Samsung Malaysia Electronics (“Samsung”) today announced the availability of Malaysia’s first Samsung BESPOKE AI Home show unit at The Camellia. The Camellia is the first semi-detached…

When parking rate is more expensive than the hourly pay, one would have to work harder? Enough? I have always loved to note down the parking rates in the different countries I visit. For example, it’s as high as AUD12 per half an hour in Sydney that I have seen. Thus, I think many would…

Media release: GEN Z, MOST LIKELY GENERATION TO RENT, NOW TAKES ON CHALLENGE OF BUYING FIRST HOMES Kuala Lumpur (12 August 2024) — Members of Malaysia’s Generation Z are poised at the transition between renting and buying their own homes, according to data released today by property giant IQI, a member of global proptech company,…

US inflation is ‘uncomfortably’ high, means what yeah. Everyone hates inflation, I think. I could not think of any reason why people love inflation except those who are hoping for prices to rise to gain benefits from it. Maybe this includes people who hoard goods just so that they could sell it at a higher…

Property Investment 101: 5 Things NOT to do for property investment An experienced property investor asked me this question today. “Can we still enter the property market today? It seems that the price is high and yet stagnant.” I smiled and said this question could have many perspectives. Maybe it’s easier to just go into…

RM5,000 – RM6,000 for a fresh engineering graduate? Definitely a wow. How much is the typical salary for engineers here in Malaysia? I searched online and the below is what I found in two sites. Their information are quite similar, engineers have an average salary between RM3.5k to RM5.5k Source: https://www.jobstreet.com.my/career-advice/role/engineer/salary Source: https://www.glassdoor.com/Salaries/malaysia-engineer-salary-SRCH_IL.0,8_IN170_KO9,17.htm What if…

REHDA: Full block or two Madani housing within projects will increase prices When a developer buys a piece of land and their gross development value (GDV) is around 10 times of the land price, the price they want to sell will be adjusted based on the size, the number of units, the type of properties…

If I win RM23 million, what would I do? Do you buy Toto? Do you buy that lottery every now and then and hope that you will get the grand prize? Or maybe one of the major prizes on offer? If you are, all the best to you okay. With my wish, if you win,…

HSR KL – SG is not enough. Better for HSR to link to China to be feasible We do not yet have latest news after MyHSR Corporation, the government-owned entity overseeing the HSR’s development closed the January 15 2024 deadline to receive concept proposals from seven local and international consortia. Yes, seven concept proposals which…

Launching Of BlackHorse Award – The Property Agents 2024 Embark on a Journey to Revolutionise Real Estate in Malaysia. We are more than happy to introduce the BlackHorse Award – The Property Agents2024, a pioneering event set to transform the Malaysian real estate industry. This innovative Challenge blends the competitive spirit of reality TV shows,…

8.8 million population has been reached! (what an auspicious number indeed) We are talking about the city which I have made my home 11 years ago; Kuala Lumpur. Every time someone asked if I miss Penang since I have worked there for 15 years, I told them a firm no. It’s not an apple to…

Inflation dropped to 61.78 pct and interest rate is 50 pct I am one super happy man if the fixed deposit could give me 10 percent per annum. My money would double in 7 years! It is well below this wish for double digits though. I have to be grateful. There is one country where…

HLIB Research: Property upcycle has started I am someone who does not believe too much about buying properties based on the cycle. I don’t know when is the lowest point and I certainly would not know when is the highest point. I am very sure when I bought a property way back in 2007, I…

Ipoh too many malls liao, true or not true? If you are staying in Ipoh today, you would know there are generally two malls which is full of people on most days. Aeon Kinta City and also Ipoh Parade. Both are no longer looking very new but both has continued to attract sufficient interest and…

140,000 less bankrupts in Malaysia with new amendments to Insolvency Act How does one become a bankrupt? Do you know that if someone have accumulated RM100,000 in debts and could not pay them, the creditor may file for bankruptcy action against the debtor? Of course the creditor would prefer to get the money versus filing…

17,500 people may lose their jobs within 2024 from this one company alone. Why? Article in SCMP.com Intel said on Thursday it would cut more than 15 per cent of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as the chip maker pursues a turnaround focused on its money-losing…

Pretending as a royal to skip the queue for concert. Hmm… Do you hate queuing for food? Concert? I hate queuing for food. Perhaps 10 minutes is okay but I will never queue for even half an hour no matter how famous the restaurant is. I will come another day or I will find another…

Oh no… Bursa Malaysia is in the red with over 1,000 counters in the red People buy shares for many reasons. Some believe it’s a good way to earn dividends and thus they will keep these for the long term. Some are buying because of some news saying that ithe price will rise or they…

MM2H: Comparisons between MM2H vs Sarawak MM2H and Sabah MM2H If someone really wants to retire and just enjoy a pretty decent quality of life, I think Malaysia is a good choice. We are friendly, our food is super tasty (no need claim this and that like one country) and whether it’s nature or shopping…

Simple ways to save money… focus on need and wants I am a supporter of OPPO and has been using OPPO since 2014 when it was still relatively unknown. My first time with an OPPO phone was unintentional It was the year 2014 and I had no intention to buy a new phone but then…

EV News: The EV chargers and their charges plus what if you charge it at home Actually, an EV is more expensive than a typical car is we look at purchase price comparison on a similar sized model. Plus by the 8th year, your petrol engine car can still fetch at least 30 percent of…

Khazanah Research Institute (KRI) says Build-and-Sell is better for home buyer protection. My say? Here’s that article in nst.com.my Khazanah Research Institute (KRI) has suggested a migration to the ‘build-and-sell’ housing buying scheme in Malaysia, where housing developers must complete a housing project before selling the houses in order to protect the consumers. Suraya also…

Upgrading living room with a larger sized TV. My learnings. Just AFTER the COVID lockdown started in 2020, my 50 inch Samsung TV broke down. It’s not a smart TV but I have turned it into a smart TV with the Mi TV Stick. Sigh… No TV and everyone has to be at home the…

GDP growth Malaysia is closer to 4 or 5 percent? Do you know what’s the forecasted GDP growth for Malaysia for 2024? Yes, it’s a GROWTH okay. Means it’s a positive number and not below zero. Please do not think that our economy is shrinking because it is not yeah. This was what Bank Negara…

Cutting interest rates show economy is good, right? Finally, we have this piece of news. If you have been following the interest rate movement in the US, this is how it looks like. Source: https://tradingeconomics.com/united-states/interest-rate Yes, it has been increasing and increasing and increasing within just a period of 2 years. From close to zero…

MIEA CELEBRATES 77 CHAMPIONS AT THE 16TH NATIONAL REAL ESTATE AWARDS, SPOTLIGHTING INDUSTRY RESILIENCE AND INNOVATION Kuala Lumpur, 28 July 2024: The Malaysian Institute of Estate Agents (MIEA) honoured 77 exemplary real estate professionals at the 16th National Real Estate Awards (NREA) held at The Majestic Hotel Kuala Lumpur. This year’s theme, “Juara Night: Simply…

Apology has to be accepted and we have to move on but how could this even happen? Apologies. I could not understand how such a blunder could have happened at such an event. It’s plain clear to see and it’s plain to do which is just to announce as per the signboard… right? Please do…

IOI Properties loves malls a lot. RM680 million is proof. RM680 million is not a small sum of money. Not many companies could afford it. What’s the reason why a property developer is willing to pay a big amount to another property developer and buys their mall? What’s the longer term benefits? Really depends on…

What’s up and down with France’s Property Market? Since the Olympics is now in France, I looked at France’s property market and I realised that their property market is not doing well currently if we look at the price movement. I meant, not good for the owners. Falling prices should be good for potential buyers….

Majestic Residence Lays The Foundation For Greater Heights With Topping-out Milestone A steadfast commitment to growth and urban excellence in the heart of Kuala Lumpur  Majestic Gen proudly announced the successful topping-out ceremony of Majestic Residence. As a sophisticated freehold development poised to redefine luxury living in the heart of Kuala Lumpur City Centre, this…

Big Mac as an ‘inflation’ measurement. Cheapest and most expensive countries are…? Big Mac as an informal benchmark to the Purchasing Power Parity (PPP) for countries The Big Mac PPP is an informal measure of exchange rate valuation created by the Economist in 1986. It uses the price of a McDonald’s Big Mac as a benchmark to…

How many of us can afford to lose RM7.8 million per day? This was an article about petrol subsidy rationalisation. Why do people from other countries love our petrol? (click to read) As a taxpayer, I hate it when strangers from other countries are benefiting from our subsidy and the government is spending tax money…

Scam news: Scammers prey on our fear! I seriously hope that more people will understand and recognise all the potential scams. We need to make it much harder for the scammers to scam one of us. It’s our hard earned money and should not be lost to some scammer who does nothing but cheats us…

SUNWAY PROPERTY RECORDS RM 1.1 BILLION BOOKINGS FOR SIGNATURE SERIES 2024 CAMPAIGN Sunway City KL, July 24– Master Community Developer, Sunway Property, announced the success of its Signature Series 2024 campaign, achieving RM 1.1 billion in bookings across 14 properties nationwide. This marks the third consecutive year of growth, with the achievement surpassing the RM 1…

Tropicana Steps Up Divestments With Mall Sale – In line with the Group’s efforts to reduce gearing ● Tropicana Indah Sdn Bhd signed a sale & purchase agreement with IOI Mall Damansara Sdn  Bhd for the sale of Tropicana Gardens Mall for a total consideration of RM680 million. ● The disposal will assist with loan…

Interest rate of 6.25 percent is high… OPR, Home Loan and FD rates Our current overnight Policy Rate is 3 percent. Home loan would be higher, probably 4.3 percent? FD would be around the same number as the policy rate. This 3 percent is considered low as I started working in 1998. So, I have…

Cost-Sharing for medical and health insurance will start in 3Q 2024. Means what? If we have a medical card today and we are admitted into the hospital for treatment, chances are we will not have to pay a single cent and even if we do pay, we will be reimbursed the amount after we are…

Sabah-Malaysia My Second Home (Sabah-MM2H) will have its own version Who’s actually in charge when it comes to the Sabah-MM2H programme? Is it the Motac minister Datuk Seri Tiong King Sing or is it Sabah’s Tourism, Culture and Environment Minister Datuk Christine Liew? The former is a federal minister and the latter would be a…

Bad News: Oil Prices could hit US$100 in 2024? Double whammy if this really does happen Currently, our RON95 is RM2.05 per litre. Within this year, it is expected that the subsidy for RON95 will be taken away and we could be looking at paying prices which are very much higher than what we are…

EV Malaysia latest news: More charging stations in Malaysia Let’s look at charging station news because without sufficient charging stations, we cannot expect more buyers for Electric Vehicles. Who would dare to buy an EV when they could not find charging stations and they do not live on landed homes? Furthermore, the range anxiety is…

Do you know what’s the minimum salary around the world? Earning a salary allows us to buy things we want and need. It’s also how demand for goods and services start which then drives more jobs and the circle continues. This is why we have multiplier effects when we speak about economic growth. Today, we…

MTR news: Profit is very possible, just follow MTR Hong Kong Can TODs drive MRT Corp to become profitable? I was at the Malaysia Land Conference 2024 (image below, where I was the chairperson) when a speaker shared about Transit Oriented Development. (TOD). These days, many developments are being branded as TOD. In my own…

Knight Frank Malaysia: Digital Economy Push will fuel rush for industrial property Just me or is the property market getting better? Basics to any property demand has to be the building up of the people who could demand for the properties. Without real demand, then there’s only speculation and that’s not healthy at all yeah….

International Monetary Fund: Modest Growth Over the Next Two Years Good news, worth sharing. Bad news, you already know. I really have no idea why people prefer to read bad news and tell the world versus reading about good news and treating it as if nothing happened. Ask any business owner or working professional and…

Malaysia’s real estate comeback for Selangor and Johor My view of Selangor and Kuala Lumpur? I stay in Selangor today and my children are studying in Kuala Lumpur. I am of the opinion that both Selangor and Kuala Lumpur continue to see a steady growth in the property transaction numbers. In my conversation with a…

Media Release – MALAYSIA TO TAKE LEAD IN DATA  CENTRES: Q3 2024 REPORT BY JUWAI IQI   Kuala Lumpur (16 July 2024) — In the third quarter of 2024, Malaysia is the fastest-growing  data centre market in the industry’s fastest-growing region, according to new insights released  today by global real estate and proptech giant Juwai IQI.  …

RST Link. Latest Progress and Photos and my comments I wonder when is my next JB trip I know I will definitely be driving down to JB within this year (At the moment, should be in October) to feel the atmosphere and the vibrancy because I have not been to JB for around 1.5 years….

Fly from Subang to Jakarta for RM299 (one way ticket…) via TransNusa. My first thought was… is RM299 for one way flight ticket very cheap? Answer is, no. Perhaps the only consolation is that it’s Subang which meant that for some people, it’s much closer than to touch down in KLIA and then needing another…

What is homelessness? What causes homelessness? As per missionaustralia.com.au, this is the explanation for homelessness. Homelessness is a problem that goes beyond ‘rooflessness’ and a lack of access to safe shelter. The experience of homelessness includes vulnerable people living in refuges, crisis accommodation or in temporary housing. According to the Australian Bureau of Statistics, a…

Property Investment 101: Are you buying a property which is unaffordable to you? What is considered affordable property price? In order to know if the property price is affordable, the median property price is compared to the median income. If we earn RM100,000 per year and the property price is RM300,000 per year, that gives…

How High Speed Rail (HSR) benefits smaller towns and the economy No latest news online I searched but there were no latest news which is of interest for the High Speed Rail (HSR) KL – Singapore. Perhaps everything is happening behind the scene and very soon when things are developing well enough, then we will…

Oh dear. Ringgit vs other currencies, up or down? Suddenly, we have good news about Ringgit. Okay, actually there has been some good news here and there within the past few weeks. However, suddenly every media is reporting good news about Ringgit yesterday (12 July 2024). Here are some of them: Article here: https://www.malaymail.com/news/money/2024/07/12/ringgit-climbs-to-six-month-high-versus-greenback-now-regions-top-performer/143471 Article…

TNB: Illegal Bitcoin mining causing billions of losses If electricity theft continue to go up, soon electricity price will go up too Dear all, in case everyone does not know yet, there are many reasons why the electricity price goes up. It could be due to the cost of inputs, maybe it’s coal, maybe it’s…

Demographics Malaysia: living longer but fewer new births If the fertility rate falls below 2.1, population will start declining sometime in the future For population to rise, new births must be faster than deaths. That’s why 2.1 would be the minimum in order for us to ensure the population number is not dropping. Why are…

Benefits of Investing into REITs. Another REIT choice may be coming. What is REIT? It’s Real Estate Investment Trust. Let’s have Bursa Malaysia telling us a little about what is REIT and why it has now been a popular way for people wanting to invest into properties, usually commercial properties. We cannot buy the whole…

Interest Rate Latest News: Homeowners pay the same, Depositors get the same. Briefly, nothing has changed. Bank Negara Malaysia (BNM) has decided. So, homeowners would not not need to pay more every month and depositors (fixed deposit) will get the same every year since the rate has not changed. Want to know what happens if…

Homeowners, your interest rate may stay the same or go higher? BNM will decide today. OPR lah. Source: https://www.bnm.gov.my/ How much extra if I have a RM500,000 home loan today? Just look at the two calculations from calculator.com.my The difference is roughly RM67 per month or RM804 per year if there are no further changes….

Penang LRT News: What’s coming soon? I just read that the LRT line for Penang is finalised. In fact, it’s now in the open tender phase too. For Penangites who may want to take the public transport and only drive when it’s necessary, this is good news yeah. Let’s also not forget that the petrol…

Property Investment 101: Rising interest rate is a worry for homeowners. Will rates be rising? Once upon a time when rates were much higher than today Once upon a time, when I bought my first property in 2003, the interest rate I was charged was around 6.75 percent. Just look at the chart below for…

Personal remittances back to home country could be up to US$125 billion per year If I am the one working abroad, I would also save a lot too My brother-in-law shared me the story of the foreign workers in his factory over 10 years ago. He said that the foreign workers are very good at…

Tropicana Aman Celebrates Timely Completion Of Freesia Residences With Qlassic Score of 81% • Tropicana Aman celebrates the timely handover of Freesia Residences to its’ happy homeowners where the development also recorded a high QLASSIC score of 81%.  • The fully sold-out lakeside development – Freesia Residences,showcases the confidence and strong  demand from home buyers…

EPF News: Aim to save RM1 million by 60 years old EPF is never enough, people say Well, if we did not withdraw any amount and we continue to save from the day we started working at 25 until the day we retire at 60, chances are the amount will be substantial. The reason is…

Property Investment 101: The ONLY reason to buy is freehold status? Freehold versus Leasehold, which is better? This question is as old as time… Truth is, when everything is exactly the same, of course buy freehold property is better lah! Now, tell me frankly, if everything is the same, then what’s the price of the…

Digital currency scam: RM400,900 lost to a scammer via Facebook These were the earlier scam articles. All the different ways that people have been scammed. I seriously hope that when everyone knows about all these different ways scammers work, they will be better prepared and won’t be scammed so easily. Sometimes, the only reason why…

Property Investment 101: 10 tips on choosing a good tenant Choosing a good tenant with 10 tips from Charles Before I start, I need to remind everyone again that there is really such a thing as “Law of Attraction.” Somehow, we always seem to attract many people who’s just like us. Our friends… our colleagues……

Petrol news: Why some people love to “buy” petrol in Malaysia (if they could) I guess everyone wants low petrol prices, right? From what we read from some important ministers, I think very soon we will have higher petrol prices. Well, that’s for those who could afford it anyway. That’s the target. As for those…

Property Investment 101: Can high interest rate slow down property price increase? It’s more expensive to buy when interest rate is higher I was just sharing with a friend that once upon a time, the interest rate for my mortgage was 6.75 percent. In recent times, it was as low as 3.5 percent and now…

Press Release: Puncak Alam’s Transformation by IJM Land Alam Suria: A Prime Modern Haven Nestled in an Evolving Landscape Puncak Alam’s transformation into a thriving township from a quiet area is a testament to IJM Land’s well-honed expertise, cultivated over two decades since 2001. The masterfully developed Alam Suria by IJM Land, spanning 1,163 acres,…

Property Investment 101: Choosing the right mortgage insurance. MRTA vs MLTA Briefly, what is it? Do we need it? It’s mortgage insurance. Personally, I think we should always protect our loved ones. So, yes, I think this is definitely needed. Or, you are already very heavily insured, then that helps too. All these protection will…

Press Release: People’s Choice Awards return for 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty PROPERTY SEEKERS IN MALAYSIA WILL VOTE TO RECOGNISE THEIR MOST TRUSTED REAL ESTATE DEVELOPERS OF THE YEAR PropertyGuru Group (NYSE:PGRU), Southeast Asia’s leading property technology company, is delighted to present the return of the highly anticipated People’s Choice Awards…

Tropicana Metropark Announces New Tenants To Its 1st Retail Hub, Perking Up The Neighbourhood & Adding Vibrancy To Subang Jaya • Tropicana Metropark, an 88-acre freehold township in Subang Jaya, creates an exciting new buzz  with the unveiling of SouthPlace Shoppes – the first commercial hub in the neighbourhood. • Tropicana inks a tenancy signing…

In the news: If RON95 price goes up in June, government saves up to RM4 billion It’s inevitable yeah. When price is just too low, the subsidy may just benefit the ‘richer’ foreigner Whether from the south or the north of Malaysia, any driver from these two countries driving their car into Malaysia will do…

Malaysia’s sovereign credit ratings by S&P Global Ratings and Fitch Ratings. Good or Bad? According to investopedia.com “Sovereign credit ratings measure the overall economic conditions of a country, including the volume of foreign, public, and private investment, capital market transparency, and foreign currency reserves.” Briefly, if the country’s economic conditions are positive, they receive better rating and…

EPF News: RM7 billion today may be RM14 billion 12 years later Many are withdrawing from EPF Account 3 Our EPF savings are now distributed into three accounts. The monthly contribution of members would be channelled to Accounts 1, 2 and 3 in the proportion of 75%, 15% and 10% respectively. In other words, if…

Hong Kong has “competitive advantages” over Singapore in the global talent race? Working from home also meant anyone could take your job too Think very logically and seriously. We insist that we could work from home and do it exceptionally well. We also insist there is no need for any physical interaction since online is…

Tropicana’s Growth Plans In Johor With 2 Mega Townships Worth Over RM30 Billion GDV Tropicana plans to develop 2 mega townships worth over RM30 billion in GDV on parts of its massive 2,000-acre landbank in Johor.  Foreseeing a need to meet expected upcoming demands for housing, commercial, recreational and lifestyle hubs, the townships – Lido…

Press Release: Sime Darby Property Continues to See High Demand for the City of Elmina with 98% Overall Take-up for Elmina Ridge 1 Elmina with 98% Overall Take-up for Elmina Ridge 1 101 units of Stage 2 of Elmina Ridge 1 taken up over the launch weekend; The outstanding demand for the most exclusive precinct…

Press Release: Work starts on Penang Holl Cable Car System Work Starts on Penang Hill Cable Car SystemPrime Minister Launches Sustainable Landmark Project for Penang Hill BUKIT BENDERA, Penang – 29 June 2024 – The Prime Minister of Malaysia, YAB Dato’ Seri Utama Anwar Ibrahim officially launched the Penang Hill Cable Car project today in…

Property Investment 101: How governments can encourage property buy Sometimes, intervention is necessary to restart the engine for the property market Governments do not usually play the role of ‘pushing’ up the property market because they are supposed to leave it to the market. However, there are times when the transactions are too low due…

Property Investment 101: When property management does not have enough money to pay water bills RM1.4 million water bill! Article in nst.com.my Some 2,000 residents in an apartment have been stranded without water for the past two days. This occurred after the property management allegedly failed to settle outstanding water bills totaling RM1.4 million. K….

Personal Finance 101: Let’s just talk coffee today Let’s go mamak / kopitiam daily for coffee If I buy two cups per day in the local mamak restaurant, then it’s probably RM5 per day or RM150 per month. Depending on the mamak / kopitiam location and also how generous the owner is, this can even…

Diesel sales has dropped 30 percent… (maybe more) Who stopped buying? Subsidy should just be for targeted Malaysians only When we look at the photos of cars with foreign license plates fueling at petrol stations in both in the north and the south of Malaysia, we SHOULD look closer and just make sure they pump…

MM2H News: Eligibility of PR status? This was the previous T&C for PR application for MM2H Holder “Additionally, Platinum category applicants are eligible to apply for Permanent Resident (PR) status after obtaining their Platinum pass.” Source: propertyguruforbusiness.com There was a debate earlier too on the PR status. Here’s that earlier news article: theborneopost.com “Tiong questioned…

Personal Finance 101: Buy Now Pay Later (BNPL) can also be financially dangerous Spending tomorrow’s money today Debts can be good or bad. We take up debt because we may want to buy something which is just too expensive to buy by cash. For example, a property or a car. Okay, maybe also a handbag……

EcoWorld Malaysia on track to hit RM3.5 billion in sales target Property transactions versus what people say Charles, are you sure still got people buying properties today? Market’s bad lah. Hahaha. First, if the property developers tell you the market is amazing, please note that they have to paint a rosy picture. Else, they cannot…

MM2H Latest Requirements. Better or Worse? Malaysia My Second Home (MM2H) is a popular topic. I have a few friends who owns an agency (which now have to reapply for their license) and one friend who used to work for an agency but has since decided to continue her retirement instead. Well, too many uncertainties…

Press Release: Malaysia’s Minister of Digital visits Battersea Power Station for London Tech Week 2024 Battersea Power Station was pleased to welcome YB Gobind Singh Deo, the Minister of Digital  for Malaysia, for a Malaysia Digital Economy Corporation (MDEC) Networking Event on  Thursday 13th June 2024, as part of London Tech Week 2024.  Marking the…

Press Release : Tropicana Gardens Mall & Office Tower Achieve Green Building Certification • Tropicana Gardens Mall & Office Tower was recently presented with the Green Building Index  (GBI) Silver rating certificate.  • To achieve this green certification, both developments were planned and designed in adherence to  GBI Certification standards (GBI Silver-rating).  • In creating…

Asia-Pacific Cross-Border Residential Property Buying  Trends Report: Q1 2024 INTRODUCTION  The Asia-Pacific Cross-Border Residential Property Buying Trends Report for Q1 2024 analyses international real estate investment trends in the region. Asian buyers are leading the post-pandemic surge  in cross-border transactions, and this report highlights top destinations and source markets.  Australia is the top choice for…

Personal Finance 101: Is EPF savings not enough or people spend it too fast? Money Not Enough or Money Spent Unwisely Let’s take coffee as an example. If we just need coffee and we drink two cups per day in the local mamak restaurant, then it’s probably RM5 per day or RM150 per month. However,…

Press Release: Latest Launch At Sunway City Iskandar Puteri, Sunway Aviana, Achieves 95% Take-up Sunway Property has announced that it has achieved a 95% take-up rate within just one month for the launch of the third phase of Sunway Aviana in Johor. The impressive milestone follows the development’s earlier successes. The first two phases, comprising…

Property Selling 101: More RENs means WIDER reach? Conversation between a senior manager and me during lunch about selling his property Real Estate Negotiator is also known as REN. Senior Management: These days, it’s not easy to sell a property. Me: I have to agree. These days, buyers have choices and thus their decision is usually…

Personal Finance 101: Holding on to what you have got in a world full of scams Let’s just look at some recent unfortunate news where people were scammed by the ever improving scammers. These days, they may not be individual scammer anymore and it could well be one big organisation where the people could even…

Property Investment 101: 6 Benefits of Investing into Renovated Properties There’s always the first time My first investment / property buy was a partially renovated unit. The owner wanted to sell and move to the first floor of his new shophouse. I wanted to buy versus renting a place. I was getting married and my…

Personal Finance 101: Life expectancy of Malaysians and the thing about not looking at the stars every night Property Investment is NOT needed these days… (some experts say) Let’s get straight to the point. Yes, this is about the articles you read / videos you watched about some personal finance experts telling you that property…

Press Release: Sustainable Partnership Forged Between Tropicana And Samsung For Smart Future Living • Tropicana Corporation Berhad and Samsung Malaysia Electronics have forged a partnership paving its way into the future of sustainable living through AI innovation.  • With the tagline – “Bespoke AI: Powering Future-Forward Living & Homes”, both corporations will collaborate to reconceptualise…

Press Release: Data and Innovation Shape and Anchor PropertyGuru’s Commitment to SustainabilityLaunches ‘Gurus For Good’ Sustainability Strategy and its inaugural sustainability report PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading1, property technology (“PropTech”) company, today announced the launch of Gurus for Good, PropertyGuru’s sustainability strategy and the release of its inaugural…

Press Release: Tropicana Redeems RM110 Million Islamic Bond – Move is part of the company’s efforts to reduce gearing & optimise its  financial management –  ● To facilitate the Group’s development plan, Tropicana issued RM1.5 billion Senior Islamic  Medium Term Notes Programme (“Sukuk Wakalah Programme”) in 2020.  ● Tropicana stays on track for its repayment…

Property Investment 101 Identify and Address Defects Efficiently Before renovation starts… I think everyone will be excited when we are moving into our new home sweet home. As I have moved 4 times, I have engaged renovation contractors for 4 times. Some are from ground up, some are just touch ups. However, before we diving…

Press Release: Tropicana Metropark Welcomes Close To 30,000 Visitors During Its May Bazaar Events • Tropicana Metropark is quickly shaping up to be the preferred hangout spot for families, friends and  community gatherings in Subang Jaya.  • The lush Urban Park at Tropicana Metropark was home to Lai, Bazaar 1.0 and Yum Yum Food & …

Property Investment 101: Dropping median home prices… Sell or Buy? As I browse through the latest summary of median house price in Malaysia from 2010 – Q1 2024, I remembered someone told me many years ago that property prices are dropping here in Malaysia. Thus, it’s best not to buy. I asked why he said…

Press Release: NOVA by IJM Land – A Sanctuary Of Timeless Elegance Introducing NOVA: A Captivating Symphony of Nature and Refined Sophistication in Seremban 2 Nestled within the lush hillsides of Seremban 2, NOVA by IJM Land emerges as a luxurious haven seamlessly blending modern living with the tranquillity of nature. NOVA is a beacon…

Press Release : Tropicana Q1 Revenue Up By 13.5%  Tropicana Group’s revenue rose by 13.5% to RM291.3 million compared to the corresponding  quarter in the preceding year (Q1 2023: RM256.7 million).  ● Tropicana’s balance sheet continues to strengthen, with gross gearing level reduced from  0.74 times in FY2023 to 0.68 times as of 31 March…

Property Investment 101: Rent all you want lah, this is the average across Asia How much should we pay for rental? Is it 30 percent of our monthly pay? If we earn RM3,000 per month today and we are trying to rent a room, how much do you think the rental would be? RM300? Sorry……

Press Release: TRX Residences Completes its Development on a High Note New urban living benchmark within The Exchange TRX integrated precinct that redefines Kuala Lumpur KUALA LUMPUR, 14 May 2024 – Lendlease and TRX City announced the completion of TRX Residences, the residential component of The Exchange TRX precinct today. Boasting an exclusive postcode, 55188,…

Personal Finance 101: Earning more does not equate to a better future unless… Yes, S$1,800 is equal to RM6,270 A few uncles have mentioned to my parents many times that their children is earning a lot when they work in Singapore. I think it’s amazing if we could earn a currency which is 3.5 times…

Press Release: Tropicana Elevates TGCR With The Opening Of Atlantic Seafood Restaurant    • Tropicana has engaged the experienced Wong Family of the Unique Seafood Group of restaurants and opened a new premium pork-free Chinese seafood restaurant at Tropicana Golf & Country  Resort.  • Elevating the dining experience, this 9,600 sq ft restaurant can fit…

Study in Australia? Please show me your RM100,000 first Education is always an expensive investment Is education still needed? My answer is yes. My full explanation here: Personal Finance 101: Degree still needed? Meanwhile, if you intend to pursue your degree or higher qualification in Australia, it just got harder. Before we even try to…

Press Release: Calling All Pet Lovers And Owners To Tropicana Metropark’s Lai Bazaar 1.0 Tropicana Metropark is home to yet another bazaar! This time, calling all pet lovers and owners to  the first Lai Bazaar at the Urban Park in Tropicana Metropark, Subang Jaya.  • Prep those paws and bring your furry pals to this…

Trending: Malaysia has a rising number of YOUNG millionaires. Are you one of them? Article in malaymail.com Malaysia reportedly recorded a 75 per cent increase in young millionaires in 2022, the Inland Revenue Board (IRB) was reported saying. The New Straits Times reported IRB saying that the number of those aged under 30 declaring their income as…

Press Release: Alam Suria Township – Beyond Differences, Towards Unity Raya is more than just festivities; it’s a reflection of our shared values, which we embody in our daily lives. During the festive season of Hari Raya Aidilfitri, we celebrate the essence of family bonds, gratitude for blessings, and joy after a month of self-restraint….

Press Release: Last Chance For Commercial Shoppes At Award Winning Tropicana Gardens Development  • Tropicana Gardens, the hallmark development by Tropicana Corporation Berhad, is named the best mixed-use development in Malaysia by the FIABCI Malaysia Chapter at the FIABCI Malaysia Property Award 2023.  • The final phase of this integrated development is the Edelweiss Serviced Residences,…

Press Release: Average New Apartment Price Hits RM582,887; Kuala Lumpur Is Priciest Asia’s global real estate agent network IQI, which is a member of proptech giant Juwai IQI, today released its first-quarter 2024 Residential Sales Market Report for Malaysia, which is based on the analysis of more than 70,000 residential sales in the subsale and…

Press Release: RM 1.28 billion Sunway Velocity 3 Set for Preview Master Community Developer, Sunway Property, has opened its sales gallery for its newest Signature Home, Sunway Velocity 3, recently and will be previewing the first phase of the development on May 4.   Sunway Velocity 3 follows the successful launches of the Sunway Velocity and…

Press Release: KL Wellness City Launches 624-Bed Tertiary Hospital Pledges RM2 Million To Assist B40 Community In Support of Ministry Of Health’s Initiatives The Minister of Health Malaysia, YB Datuk Seri Dr. Haji Dzulkefly Ahmad, was present at the launch to witness the momentous event. Phase 1 of the 624-bed tertiary hospital is slated for…

Press Release: PropertyGuru Group Appoints Kenneth Soh as Country Manager for Malaysia PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or “the Group”), Southeast Asia’s leading property technology (“PropTech”) company today announced the appointment of Kenneth Soh as Country Manager for Malaysia. As Country Manager, he leads the growth mandate for PropertyGuru.com.my and iProperty.com.my. and will spearhead…

Talk: Property Investment Tips and Outlook @KAIA Heights Sales Gallery Dear kopiandproperty.com readers especially for those from Klang Valley, I will be speaking on Property Investment Tips and Outlook @ KAIA Heights Sales Gallery on 4th May 2024 (Saturday). My session is at 12 noon. I think this session is a very good session if…

Press Release: Tropicana Redefines The Art Of Living With Maybank Islamic And Ikea Partnership  • Today, Tropicana celebrates twice with a dual partnership. Tropicana and Maybank Islamic teamed  together for Maybank Islamic’s HouzKEY to provide hassle-free home financing solutions for new  home buyers. Tropicana Metropark also joined forces with IKEA Malaysia offering existing  SouthPlace 1…

Property Investment 101? Maintenance fees are also forever. Landed property versus condo is a never ending debate There are reasons why people think staying in landed homes without any need to pay for maintenance fee is better than staying in condos where they have to pay maintenance fees. Just need to note that landed homes…

Overseas vacation? Malaysians can go to these 3 countries. Can we visit anywhere overseas with ringgit at current low point? Okay, if we are very sensitive to the ringgit’s movement, then there are many countries we could not visit for now. Not sure how long but let’s focus on the ones we could still visit,…

The PropertyGuru Asia Awards Malaysia in partnership with iProperty launch 11th edition with exciting new honours for ESG A PRELUDE TO THE GRANDEST CELEBRATION OF EXCELLENCE IN MALAYSIAN REAL ESTATE  KUALA LUMPUR, Malaysia — Organisers of the PropertyGuru Asia Awards Malaysia in partnership with iProperty today unveiled new dates and details for the programme’s 2024…

Press Release: Tropicana Foundation Supported 9,200 Community Members Across Malaysia During Ramadan • During this holy month of Ramadan, Tropicana Foundation together with Tropicana’s M&S team organised a series of 11 outreach programmes to spread cheer to the public, old folks and young  kids alike.  • The dedicated team from Tropicana Alam, Tropicana Aman, Tropicana Metropark,…

Property Investment 101: Waiting for the perfect property to come to me Waiting till opportunity knocks? How many of us are waiting for opportunities today? This is a great quote to summarise opportunity. “I will prepare and someday my chance will come.” — Abraham Lincoln.” Do we wait for opportunities? For example, waiting for the…

Press Release: Best Time To Own Property With Tropicana’s 45 Years Anniversary Flash Deals  • Founded in 1979, Tropicana has come a long way and has since built many townships across  Malaysia. Celebrating its 45th anniversary, Tropicana is offering attractive rewards to all property  buyers with its latest Tropicana FLASH DEALS.  • Running from now…

Press Release: Tropicana Teamed Up With 3 Partners & Reached Out To 400 Community Members • Tropicana Foundation together with Tropicana Gardens Mall, Kelab Kucing Malaysia and  Just Pets Megastore hosted a Kids Fun Day at Tropicana Gardens Mall for 40 children of  Al Mahabbah Welfare & Education Organisation.  • In light of the spirit…

Press Release: RTS Sparks Property Demand Surge in Johor Bahru in 2023 As the RTS reached 50% completion in April 2023, the demand index for residential properties in Johor Bahru increased by 17% Serviced residences appeared as the most transacted high-rise property in JB, recording a 20% YoY growth in median asking prices Johor’s gross…

Press Release: Glomac Berhad 3Q FY2024 Revenue Grew 35.4 Per Cent Y-O-Y To RM89.4 Million In the third quarter of financial year ending 30 April 2024 (“3Q FY2024”), Glomac Berhad (“Glomac” or “the Group”) achieved unaudited revenue of RM89.4 million, a growth of 35.4 per cent compared to RM66.0 million in the preceding corresponding quarter…

Press Release: IJM Land Launches Phase 1 of Ridge View @ Puchong as Elevated Manors at the Heart of Puchong Embark on a lifestyle of exclusivity as IJM Land proudly unveils Phase 1 of Ridge View @ Puchong, a premier residential hilltop development that seamlessly intertwines opulent living with the pristine allure of its natural surroundings. …

Press Release: Sunway Property Launches Signature Campaign 2024, Introducing Over RM2 Billion GDV In New Launches ~ Featuring new developments : Sunway Velocity 3, Sunway Aviana, Sunway Bayu, and Sunway Wellesley~ Master Community Developer, Sunway Property has unveiled its annual Signature Series campaign for 2024. This marks the third year of the campaign, which will…

Tropicana Is Home To The Largest Ramadhan Buffet Offering Over 200 Dishes And 23 Live Cooking Stations The popular and celebrated Tropicana’s Santapan 29 Malam is back, bigger and better,  offering five rotating Selera Muhibbah Iftar buffet menus with over 200 dishes and 23 live  cooking stations.  • Running from now until 7 April 2024,…

8 critical considerations for a home sweet home Today, I like to do a review on a project called Lenna @ Irama Sendayan 2. It’s in Bandar Sri Sendayan, the flagship development of Matrix Concepts. Before we go into Lenna’s project details, let me share why buying a new property and buying a home sweet…

Property Investment 101: If you bought at high price, don’t blame the market lah Seriously, that’s the price you paid for? They promised you? They gave you rebates? Sorry in advance. Siapa makan cili dia rasa pedas. Property price does NOT go up because the market looks to be moving again. Especially when you have…

Press Release: Sunway Property Celebrates Double Triumph at FIABCI Malaysia Property Awards 2023 Master Community Developer Earns Prestigious Recognition for Sunway GEOLake Residences and Sunway City Iskandar Puteri~ ~ Only Developer to Receive Two Awards~ Master Community Developer, Sunway Property, clinched two prestigious awards at the FIABCI Malaysia Property Awards 2023. It was the only…

EPF CEO: EPF will NOT consider investing in digital assets Investing depends on personal appetite for risk I could be very aggressive and I invest into a start-up which would most probably fail. However, if I invest into 10 of them, perhaps one of them could be a huge success; unicorn status. I could be…

Tax time is here. Remember to include all the deductions yeah. The best investment is into yourself – Warren Buffett Perhaps we did not start the course we wanted to start, well, perhaps this year we should start the course so that we could deduct up to RM7,000 from the total income yeah. This should…

Press Release: Tropicana Gardens Wins FIABCI’S Best Mixed-Use Development In Malaysia  Tropicana Gardens, the signature development by Tropicana  Corporation Berhad (“Tropicana” or “The Group”) is named the best mixed-use development in  Malaysia by the FIABCI Malaysia Chapter at the FIABCI Malaysia Property Award 2023. This is a  pinnacle achievement for Tropicana Gardens, an integrated development…

Press Release: 20,000 Visitors Turned Up For A Roaring Good Time At The Tropicana CNY Celebrations ● Tropicana’s highly anticipated CNY events closed with a blast as a stream of over 20,000  visitors participated in its festive celebrations from 23 to 25 February 2024.  ● Held across its five signature property galleries in Malaysia –…

Personal Finance 101: Renting can save money, right? Simple answer is Yes, but… What will happen to renting in the future? We just need to look at more advanced property markets to understand a little more. Today, we just focus on renting a room or renting a bed space inside a room. We will look…

Press Release: Sense Of Space, Elevated Living IJM Land Introduces Sutera, the Much-Anticipated First Phase of Seremban 2 (S2) Heights Aman  IJM Land proudly announces the launch of  Sutera, the highly anticipated first phase of Seremban 2 (S2) Heights Aman, which has been conceptualised as a tranquil green haven that offers a serene way of living,…

Going Langkawi? Where to Stay and What to Play? Plus Breakfast, Lunch and Dinner places. The below is from my latest visit as a quick reference Accommodation in Langkawi is this: hangouts Urban+Eco Langkawi. I booked via Agoda. I am a Platinum member. I have no idea if I get better prices or not. Seems…