The Ghost City of Ordos in China

China’s Ghost City: Ordos, Inner Mongolia – November 2009 $585 billion stimulus package to build China’s growth A brand new Ordos City in Inner Mongolia, where a whole town was built using China’s government money, targeting for 1 million residents is still standing empty. China’s Ghost City: Ordos, Inner Mongolia – May 2011 China’s Ghost [...]

Property Tycoon Tan Sri Lee Kim Yew Second Daughter Miss Dianna Lee Cheng Wen is One of The Youngest CEO in Malaysia

Miss Dianna Lee Cheng Wen In June 2011, she was appointed as Group CEO of Country Heights Holding Berhad, at 25 years old, becoming one of the youngest CEOs in Malaysia. Second daughter of property tycoon Tan Sri Lee Kim Yew. Graduated with a Bachelor of Science in Corporate Finance and Organizational Management from the [...]

Everyone Can Own A Home Now via 1Malaysia Housing Programme

Buying a house is no longer a dream for all Malaysians! Prime Minister Datuk Seri Najib Tun Razak launches 1Malaysia Housing Programme (PRIMA) on 4 July 2011, Monday. What is 1Malaysia Housing Programme (PRIMA)? The programme is one of the affords recently announced by the Government on 4 July 2011 aimed at assisting those from [...]

Rising Land and Building Material Costs Caused Malaysia Property Prices Skyrocketing?

If you are complaining the property prices nowadays is ridiculously too high, too expensive, badly overpriced, whatever, I tell you what, our property developer, Mah Sing Group Berhad hints the prices of their new launch residential properties are mostly likely to be increased by an average of 10 to 20% this year due to the [...]

China Property Bubble is Alarming for 64000000 Empty Apartments and Condominiums

Is China experiencing a property bubble? Watch this! There are 64 million unoccupied apartments and condominiums in China? Unbelievable!

No Property Bubble in China 2011

Here are the experts around the world pointed out why there is no property bubble in China: 29 May 2011 – Jim O’Neill, Chairman of Goldman Sachs Asset Management 10 May 2011 – Shaun Rein, Founder and MD of China Market Research Group 8 May 2011 – Frederick Jiang, Manager of the $857 million Ivy [...]

Population Growth Rate in Klang Valley Malaysia Year 2010 and 2020

Total Population Year 2010 = 6.6 million Total Population Year 2020 = 7.8 million Average Growth Rate = 1.7% per annum Klang Valley Population Forecast: 2010 = 6,600,000 2011 = 6,712,200 2012 = 6,826,307 2013 = 6,942,355 2014 = 7,060,375 2015 = 7,180,401 2016 = 7,302,468 2017 = 7,426,610 2018 = 7,552,862 2019 = 7,681,261 [...]

Low Cost Housing Investment Headache about High Crime Rate in Malaysia

What are the problems of investing in low cost housing? Poor building maintenance services and sabotage activity are commonly happen in low cost flat. The rising criminal activities in flat has becoming another big concern for public, too. Some of the most frequently reported criminal activities: Car tyres gone missing Vandalized motorcycles House break-ins Car [...]

60 percent Down Payment for Buying Second Home in China

Image: eurasia.foreignpolicy.com How much down payment do you need to buy second home in China? It’s 60 percent!!! Malaysia Vs. China In Malaysia, we are paying 30% down payment for the third house onwards. For China, their minimum down payment for second home has been increased to 60% from 50%! The policy was announced by [...]

Amber Chia New House at The Haven Lakeside Luxury Condo in Ipoh

Malaysia supermodel Amber Chia bought a new house at The Haven Lakeside Residence @ Ipoh, Perak. Are you one of the Amber Chia’s fans here? Perhaps, you might want to have the chance staying near to her, go and book a unit there for yourself, too. In fact, I usually don’t buy into the idea [...]