QUOTE(accetera @ Aug 12 2011, 08:49 AM)
What is happening in our property industry is similar to our neighbouring countries...
Yes, this decade belongs to Asia, and we can already see that we now have a record projects going on - 60 projects are now under construction in KL City alone and 78 are now coming on-stream.
We have an increasing FDI and local investment especially in the services subsectors.
But we faced a very high possibility of "overbuilt/glut" like in Bangkok and other Asian cities.
i believed the businessmen do smell opportunities in msia/asia when come.Yes, this decade belongs to Asia, and we can already see that we now have a record projects going on - 60 projects are now under construction in KL City alone and 78 are now coming on-stream.
We have an increasing FDI and local investment especially in the services subsectors.
But we faced a very high possibility of "overbuilt/glut" like in Bangkok and other Asian cities.
developers are not stupid (indeed they are very very smart like most of the property tycoon in the world) , that is why there are so many projects going on in the next 10 years. many of them have kept their KL land bank for so long (left by their grandfather) and now they start thier project in view of many opportunities coming to msia.
the next decade is Asian. expect to see more ang moh to work in KL. not MD, GM, CEO but middle managers. (if our govt do the right things eg ETP etc)
I hv seen many ABC, chinese holding US/Canada passport return to China to look for entry manager jobs, and now i see many ang moh go to china as well. Most MNC oni hiring in Asia not US, Europe (all freezed), they close /downsize their production at home and expand in Asia (some go to Msia eg Penang)
i think if giving choice they will prefer to work in Msia (coz we all can speak English)
i really pity those nag moh live in China..they even cant woo gal (not the pro) in disco, pub...(like chicken and duck, hand signal etc) , so end up stay at home watching cheap pirated dvd drama.
if KL can offer them job, they love to come. my ang moh MD refused to relocate to China and insist AP HQ remain in KL. fyi he living in big bungalow in jl ampang with swim pool >rm20k rental. he enjoyed everything in KL even have fun at the barber shop. (most countries the hairdresser are men or gay). KL is a loving city..(hope the islam things not enroach, ban this ban that eg concerts, beer at 7&11, sport betting, 24 hrs disco/pub, etc (all these are allowed in Asian eg China , Thai, Japan, Korea, Taiwan , Sg etc. without this BAN msia is the BEST among all. - language, big bungalow, low living cost, not too cold wheather, sunny and blue sky, frenly ppl, good highway, nice island/beach/ resorts , no disasters etc
Aug 12 2011, 10:56 AM

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