BEWARE... China-based developers are scouting lands around Klang Valley to build high density townships. Several fund managers are talking about the potential announcement by Country Garden's personal entry into the KL market.

According to my list, there are over 200 highrise projects waiting to be launched in 2014 across Klang Valley, and unless developers hold back to prevent bubble.

This post has been edited by accetera: Jan 1 2014, 05:49 PM

In 2014, I plan to go more clubbing and kau lui. (btw i'm gen Y version 2) Yeah, who cares about property.

But I now worked/employed in property and preparing launch of the company's maiden luxury project. No DIBS nvm, (since after PSF x small size, mostly >1mil anyway) as our target market is foreigners now - with the help of Datuk Gavin.

Developers may actually adjust our ~3-4% foreigners ratio to higher. More projects should entice foreign investors especially the Chinese, Indians and Middle Eastern stock.

This post has been edited by accetera: Jan 1 2014, 09:39 PM

Yeap changed line. But I'm more in the planning side rather than sales/marketing.

Hope u all here can give ideas. (exclude the political side as i'm not politician)

Ideas as to how to make KL properties more world class, more iconic, more higher standard of software like Green and Tenancy Approach and friendly to the international market as without good economy, we'll never achieve high income status.

Besides that, the Bumiputera community may have better participation in the real estate sector as more and more are now aware of property investments.

This post has been edited by accetera: Jan 1 2014, 09:53 PM

Apparently, some China buyers buy Malaysian property becoz "Buy 1 get 1 Free".

Many of you would say no reason for them to buy Malaysian properties, but some Malaysian sifus are creatively loading to them through investor clubs and networks, etc.

I believe majority of China buyers are investors, you may verify with those in the Iskandar market know-how.

This post has been edited by accetera: Jan 1 2014, 11:35 PM

Currently, most of our China buyers are through recommendations - biz parties, friends, investor clubs, networks via import/exports, etc.

And now the fastest mode = China developers and contractors themselves are coming to buy our land.

One of China's state-owned construction firm with apparent not-so-good record in Dubai has entered KL via invitation from one of our big local developer.

To some kingpins, any ways to convert "dirty" money in China to overseas assets would be welcomed.

This post has been edited by accetera: Jan 1 2014, 11:39 PM

I think you need to ask Faizul, Lina and Ahyat how much has changed in the Bumi segment. Maybe you can AMINT as well.

As for retirement, I don't think we plan to do that if Govt has no legislation for it.

This post has been edited by accetera: Jan 1 2014, 11:42 PM

Factors: Affordability. Location and product.

Bumi lots in Shah Alam is pretty good. So developers who wish to target their affordability, will move to "new" unexplored areas like Shah Alam and elsewhere.

As I said, their market is growing fast from a very small pool of buyers to begin with. It doesn't mean they need to be at the same level of Chinese take up now. Give another 10 years (btw most of our megaprojects are stretched to 10 years).

This post has been edited by accetera: Jan 1 2014, 11:57 PM

Wont close down lah. All are here to share opinions.

It is interesting that the Govt has agencies like Syarikat Perumahan that will buy enbloc for selected projects with Bumi quota from developers. They sell or subrent to Bumi so that overtime they can have enough savings to buy the same unit.

The problem now is we have too many bureaucracy and it slows down things. One of the fastest way to bring Bumi participation is that Govt deploys GLCs/agencies to venture into real estate industry. Sime Darby is planning to do more this year with the imminent reveal of their upcoming biggest township of about 13,900 acres - Bandar Ampar Tenang, next to Xiamen University.

If you ask me, I would say many new unexplored areas are places to look out in 2014. Closer to city, there are those branded and megaprojects by established developers. Example: Malton's "Pavilion 2" in Bukit Jalil and Sime Darby's SJCC (showroom almost ready?)/.

SP Setia will look forward to submitting their DO for the Bangsar project (picture below) and completing their aquisition deal. They will also begin planning their Jalan Ampang project with hopefully an international architect.



By S P Setia | http://www.spsetia.com.my/corporate/corpor...resentation.asp

This post has been edited by accetera: Jan 2 2014, 12:14 AM

Privatisation agreement and land acquisition in the process. Land issue alone can take 2 years.

I think by and large investors should also consider RENTING a property close to their office nearby for convenience purposes.

Meaning to say, RENTERS may not necessary do not own a home or properties. Say someone from Cheras working in PJ. He or she may rent in Tropicana City near to office, and owned a landed property in Cheras where he rented out. He also buys properties for investment rental in Setapak, Jalan Ampang, USJ Subang Jaya and Maluri. All his properties seem to be investable and rentable, yet HE himself rents and want to be close to his GF's parents' home in PJ.

I encountered such person.

This post has been edited by accetera: Jan 2 2014, 10:24 AM

If confirmed, then big clap applause. It boosted the values of properties nearby its Jakarta store.


https://www.facebook.com/groups/115179435202482/

They exited Singapore before. http://blog.omy.sg/jerome/2013/02/08/the-s...comment-page-1/

Malaysia is now the no.2 or no.3 luxury market in Southeast Asia with estimated growth rates being quite good. You can read a recent article here >>> http://www.nytimes.com/2013/11/22/fashion/...Power.html?_r=0

A simple illustration of the upper society in Malaysia and their countless luxury events could be seen in luxury-based magazines such as Malaysia Tattler and Prestige. Get one copy and see the people.

Interestingly, Indonesia is now the "hottest" luxury market in Southeast Asia. You can see the official forum of luxury shopping in Jakarta here >>> http://www.skyscrapercity.com/showthread.php?t=1626298

This post has been edited by accetera: Jan 7 2014, 10:46 AM

The new pricing for upcoming projects are kinda Spectacular. I wonder why....