Kim Wong 
UK is facing a growing shortage of elderly care homes creating significant opportunity for investment and development. Knight Frank’s latest UK Healthcare Report states, the UK’s population of over 65’s is forecast to grow by 10% over the next five years; however the number of new care home registrations is significantly decreasing. Research shows there … Read more
Thinking of investing in commercial property? Read this first. Like many hot button issues in real estate investing, the debate on whether it’s better to invest in residential over commercial continues to divide investors. Proponents of investing in residential say it’s the least risky option, while those who are in favour of commercial would argue … Read more
Searching for a suitable home can be a daunting task, especially if you are in a foreign country. At times you may find yourself at the mercy of people and circumstances beyond your control. In my experience in the property market, I have come across many stories, some are downright outrageous and I remember being … Read more
Indonesia’s government is struggling to tackle the country’s housing backlog of 13.5 million units as it has only been able to supply 50 to 62.5 percent of the total annual demand, reported the Jakarta Globe. After President Joko Widodo was elected in October 2014, he promised to build one million homes to address the yearly … Read more
In a tenants’ market, it is commonplace to see tenants bargaining with landlords for a good rental deal. I shared a private apartment with two flatmates between the years 1999 and 2003. The 1,700 sq ft flat previously tenanted at $2,500 was let go at $1,800 a month after being left vacant for some time, … Read more
1Malaysia Development Bhd (1MDB) president and group executive director Arul Kanda Kandasamy said today the debt-laden firm has achieved its target of completing its rationalisation plan within six months. The final step of the plan was completed with the execution of the sales and purchase agreement for 1MDB’s 60% stake in Bandar Malaysia Sdn Bhd … Read more
Loan growth in Singapore is expected to fall to five percent for the whole of 2015, but this could decline further next year, reported Channel NewsAsia citing experts. “Between 2013 and 2015, while domestic growth has slowed down, overseas growth was able to compensate for slowness in domestic growth. But now, with China-led regional slowdown, even … Read more
KUALA LUMPUR (Dce 31): Our intention have never to demolish or build over the Vivekananda Ashram, but to develop the adjoining land, says trustee R Sri Skanda Rajah. He said the trustees were also not asking the government not to gazette the building as a heritage site, only the land. “We are not suing the … Read more
Do you believe in house fengshui? I am a big fan of it. Don’t get me wrong. I am not being superstitious. Fengshui is very scientific. There is nothing speculative or supernatural about it. Property fengshui believes in maintaining the harmony between man and nature for the sake of good health and good fortune. Good … Read more
The Malaysian Anti-Corruption Commission (MACC) should probe the ballooning cost of the proposed undersea tunnel and the related road projects under the Penang Transportation Master Plan (PTMP), according to Gerakan state liaison committee member H’ng Khoon Leng. In a report by The Star, he said the MACC should look into the RM305 million cost of … Read more
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