Mixed performance in 4Q2016
The property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.
The property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.
Eco Sanctuary is a gated-and-guarded eco-themed haven which emphasises green spaces and a healthy lifestyle. It features seven precincts and a commercial hub offering a curated line-up of residential and commercial properties including landed homes, mid to high-rise residences, shopoffices, a strip mall and an abundance of green spaces.
Despite having no new launches slated for FY2017, management is targeting for property sales of RM500 million. This is solely derived from existing and incoming inventory amounting to around RM1 billion.
Worry-free retirement is something many people look forward to. However, with the rising cost of living, is it possible for a senior citizen to be entirely financially independent during his or her twilight years?
Before ascending to arguably the most powerful seat in the known world, US President Donald Trump was known for his eccentric roles in reality shows. He was also one of the most prominent property moguls around and had a reputation of using feng shui for what he claimed to be an “advantage” in real estate.
The strong performance was contributed mainly by the property segment, of which revenue jumped 118% y-o-y to RM401.3 million, while operating profit surged 353% y-o-y to RM107.2 million. No dividend was declared for the quarter.
Employers be forewarned! The proposed Employment Insurance Scheme (EIS) will be implemented soon pending final approval by the government. The proposal is contentious although the purpose is valid — to provide temporary financial assistance and opportunities for reskilling and upskilling retrenched workers.
IT is better to invest in property than buy a car, which depreciates in value. One should also spend within one’s means. What’s often unsaid in these old adages is that one should only borrow what one can comfortably repay, even when it comes to “productive debt” for an appreciating asset.
Not only is technology important in helping real estate agents in terms of marketing, but it also plays a huge role in facilitating cross-border property transactions.
Selling a property can be made more difficult if the property suffers from certain conditions. Among these are the pretty obvious ones such as run-down properties that need lots of repairs or renovations done and properties along a congested main road.