I am having diarhorrea soon...

Hi. Anyone knows is their show units open during CNY holidays?

Yes, it's still open.

CNY songs were dominated by astro for many years but this year eco world clearly stands out. Nice catchy song and I like it very much

Last year when celebrate CNY at Ipoh, some ppl saw the SPS ad and asking me the profile of SP Setia. While this year, some friends and relatives already asking me the EcoWorld and seems know them well affer googling it.

They asked if possible EW to come to Ipoh and to develop a great G&G housing and can overcome Sunway's or Tiger Lanes. Lol.

My sister kids also singing the song sang by EW and I surprise they can remember all the lyrics.

Boss, you see the possibilities of EM coming to Ipoh? I think they should consider East Malaysia.

Boss, not sure eh but I dont think so.

Ipoh is still an affordable place for many for retiring purposes. Good food here but lack of business opportunities, turnaround, crowds and far apart compare to KL, JB and Penang.

EW would be too aggressive for Ipoh. This location good and ideal for reallocation of Ipoh 2 or New Ipoh, plenty of acres land available but Ipoh kenot too aggressive to build G&G houses unless only 400-500 acres land and slowly build 100-300 houses a year.

I not sure about East Msia but very unlikely.

To those who start working today -"hoy gong dai get"!

Btw, Merrydale South Garden should be opened for sale (maybe partially) by this month.

Why East Malaysia?

-

This post has been edited by Jasoncat: Feb 23 2015, 04:44 PM

In West Malaysia, Penang, KL/Selangor and Johor, EW already has its presence. East Malaysia is another area which I think have the great potential. East Malaysia is largely dominated by those local-based mid/smaller scale developers. The property development there is relatively more boring (in terms of concept and creativity) compared to West Malaysia. New idea may create excitement and buying spree, who knows?

Another thing, don't underestimate the spending power of East Malaysia people.

Anyway, I could be wrong - correct me if I'm wrong.

Great insight boss.

I totally have no idea about East Msia. Lol.

Btw, I think EW can consider some other good and growing location. Muar is one of the best ideal location, the spending power at Muar is very strong, houses here are still affordable but prices not cheap ( DSTH RM 400-450k ono and Semi D average RM 500k ), majority houses are in very small scale in terms of 20-50 units max but sold very well, same goes to shop lots, easily sold due to lack of units to sell.

people here demand for huge townships and if possible, F&G is well work at this location. I notice the crowd and spending power is much greater than in Ipoh.

My understanding of East Malaysia is through my friends/colleague and work exposures - quite limited though.

I agree with you that good and growing locations can be considered. Just one thing, the developer who comes into these locations have to slower their pace and this makes more sense if the land are acquired cheap (which I think should be).

Ic.

Ya, very much agree on ur last sentence.

Apart from big 3 of KV, JB and Penang, the other good and growing locations cannot be in aggressive mode and have to slower the pace of the development.

What you mentioned is quite correct, at least for Sarawak. Majority dominated by those local based smaller scale developers which they don't really focus on the concept. I myself came from Sibu, a small town in Sarawak. The main different is Semi D is so common in Sibu, some more, those Semi D all come with the big land, but the design so so only.

Many developers having a roadshow in Sibu, but mainly on the condominium.

On a side note, the lifestyle in East Malaysia, even for big city like Kuching is relatively much simpler, less stress and people are nicer

Btw bro, you manage to get the Ivoris?

You are totally right, people there are nicer

Yes, manage to get the Ivoris, hopefully loan is ok. This week will know the outcome already.

Congrats on your purchase

Since u talked about Sarawak, just some sharing on the new projects at Sarawak...

Desa parkcity developer is launching marina parkcity commercial+Soho at Miri, Sarawak

marinaparkcity.com

The largest local developer NAIM group is launching new residential+commercial project called southlake...

southlake.com.my/south-lake/e-brochure/


They are bringing some similiar concept frm west Malaysia to east malaysia

This post has been edited by doomdoom: Feb 24 2015, 08:25 AM

I see. More varieties and competition is indeed good for development of the property market and the buyers there