Nov 1 2008, 07:39 AM
QUOTE(ah_suknat @ Oct 31 2008, 06:13 PM)
I don't know but it seems to me like being a property developer is rather easy 
you don't need millions of ringgit to start, start with a not so run down property with bargain price, study the location, or buy in auction, then take some courses on property maintenance like plastering, brick laying, painting plumbing wiring as it wil save you lots of money DIY, then voila resale at higher price!
but loking at current market its buyers market not sellers market, so bit hard to sell at this moment.
ah_suknat,you don't need millions of ringgit to start, start with a not so run down property with bargain price, study the location, or buy in auction, then take some courses on property maintenance like plastering, brick laying, painting plumbing wiring as it wil save you lots of money DIY, then voila resale at higher price!
but loking at current market its buyers market not sellers market, so bit hard to sell at this moment.
1) That is NOT a developer. A developer build house from scratch.
2) In a country like Malaysia, you need a lot of connections to get approval from various government bodies before even getting started.
Dreamer
Added on November 1, 2008, 7:44 am
QUOTE(spitfire2000 @ Nov 1 2008, 06:50 AM)
how about this idea, are there any small towns on the east coast of malaysia away from the oil industry which have nice beaches and are somewhat undeveloped but have potential and a good sizeable population with infrastructure that is not bad or needs only slight upgrading and with good transport links. maybe somewhere south of kuantan. beserah springs to mind. that is near club med. some pretty good beaches there and not far from kuantan. maybe beserah can be to kuantan what orange county is too los angeles. thought of that. as im based in europe. im thinking of enticing some investors from the uk. most probably with an asian background. to build a luxary resort there. in beserah. they have club med, let there be one that caters to asian needs. arabic, hindi, persian, urdu, we will like to make it a tropical paradise for asian people. maybe turn it into a mini mecca. we can have all the convieniences of a modern south asian/middle eastern city. do joint ventures with local food suppliers, to make restaurants, cafes, cinemas, gaming centers, night clubs, all in beserah and all based on the asian theme of hindi, persian, arabic and urdu. whats your opinion folks can we do it. who wants to join me.
spitfire2000,If you REALLY have the funding, why do you want to be the developer to begin with?? You could always partner with a local developer to get the things built. The problem here is you need the local connection for the approval. And, you could ONLY get it done by partnering with someone locally.
Dreamer
This post has been edited by dreamer101: Nov 1 2008, 07:44 AM
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