Share Asia’s 6 Biggest Construction Projects of 2017 By Kim Wong / last year For the world’s most expensive infrastructure and transport developments, look no further. Some of the highest-value construction projects in the world for this year are all located in Asia, as per the Arcadis International Construction Costs 2017. Construction markets in the region are expected to see an expansion of 5 to 7 percent a year, […]
Share Property Market In 2017 To Remain Subdued, Office & Mall Space Glut A Concern, Says Rahim & Co By Kim Wong / last year KUALA LUMPUR, 17 February: The Malaysian property market will remain subdued this year, with oversupply concerns in the retail and commercial sectors, said property consultants Rahim & Co. “On the commercial side, there is a problem of oversupply. Within the next two to five years, 15 million sq ft are coming into the market. That is […]
Share What Is The Outlook For Hotel Investors In 2017? By Kim Wong / last year SINGAPORE: A report released by JLL Hotels & Hospitality Group reveals the flurry of mergers and acquisitions seen in 2016, with high-profile deals such as Marriott International’s acquisition of Starwood Hotels & Resorts and HNA Tourism Group Co. Ltd’s purchase of Carlson Hotels, is likely to continue this year. “Hotel brands will always look to […]
Share Lower Income Households Financially Fragile: Khazanah Research Institute (KRI) By Jax Lee / last year PETALING JAYA, 1 September: Lower income households in Malaysia borrow seven times more than their annual income, on average, and are not financially resilient, said Khazanah Research Institute (KRI) in its publication, The State of Households II. “While household balance sheets look healthy at the aggregate level, households in different income classes face different financial risks. […]
Share Top 5 Most Expensive Cities In Asia To Live In By Kim Wong / last year Through the Cost Of Living Rankings survey from Imercer, we’ll get to know which countries and cities are the most popular as well as the most expensive places to live in. In the global ranking, western cities are always take place as the most popular and expensive places to live in. The western cities such as New York […]
Share An Investor Answers: “Should I Buy a House for Myself or Purchase an Investment Property? By Kim Wong / a couple of years ago “I’ve got some nice savings stashed up neatly in the bank, so should I use that money to go buy a new house for myself or should I go out to find an investment property?” This, ladies and gentlemen, has got to be one of the most common questions in real estate investing history. “Well?” […]
Share Tips For Gen Ys Buying Their First Property In Kuala Lumpur By Kim Wong / a couple of years ago Some of you may be feeling down about not being able to afford a property within Kuala Lumpur. But there are parts of KL where you can still find affordable properties. There are affordable projects being rolled out by the federal government. In addition, 5,000 units of PR1MA and PPA1M houses will be built in […]
Share The Different Types of Apartments By Kim Wong / a couple of years ago When visiting a great destination, deciding where you must stay at is a difficult task. There are already several options to choose from. Would you stay in a hotel, a villa or in an apartment? Experts say that staying in an apartment is a better option, most especially when you are staying for several days […]
Share How Will ‘Baby Boomers’ Impact The Property Market? By Kim Wong / a couple of years ago Baby Boomers are an interesting bunch. They refuse to be pigeonholed, as their lifestyles, financial situations and even their definitions of retirement vary significantly – both from each other and from the generations that preceded them. The only one thing that remains certain is the fact that we’re in uncharted territory, as the ripple effect […]
Share Housing Affordability: Baby Boomers Vs. Gen Y By Kim Wong / a couple of years ago Inter-generational arguments over affordability have again become salient in the media. Characterizations of moaning millennials were made by economist Stephen Koukoulas, prompting a response from young writer Osman Faruqi that baby boomers should choke on my soy flat white. Confusion around the severity of housing affordability arises because dwelling prices change daily, yet the institutional […]
