The Light Waterfront Penang Mixed Residential and Commercial Waterfront Development – IJM Properties Sdn Bhd

13 August 2010 | Category: Property Investment, Property Vlog Collection | Leave a Comment

Project: The Light Waterfront
Location: Penang Island, Malaysia
Developer: Jelutong Development S/B (subsidiary of IJM Properties S/B)
Land Title: Commercial (freehold)
GDV: RM5.5 billion mixed development project

The whole 152-acre waterfront development consists of:

The Light Linear Condominium (soft launched in July 2009)

  • Total 328 units
  • Built-up areas: 1,475 to 1,539 sqft (around RM400 psf)
  • GDV RM200 million
  • Target Completion: 2012

The Light Point Luxury Condo (soft launched in December 2009)

  • Total 88 units
  • Built-up areas: 1,830 to 4,090 sqft
  • GDV RM100 million
  • Target Completion: 2012

The Light Collection 1 (soft launched in May 2010)

  • Total 152 condominium units
  • Built-up areas: 1,1367 – 1,582 sqft (around RM580 psf)
  • Total 24 three-storey water villas
  • Built-up areas: 3,132 sqft (around RM800 psf)
  • GDV RM203 million
  • Target Completion: 2013

…more projects to be launched soon

For more information, please visit http://www.thelightwaterfront.com/


Supply and Demand of Housing Market Malaysia in 2010 Survey by REHDA

11 August 2010 | Category: Property Investment, Research & Comparison | 4 Comments


Housing market prices expected to increase 10-20% in next 6 months!?

I was surprised to read about it from an article in theedgeproperty.com written by E. Jacqui Chan. The survey was conducted by The Real Estate and Housing Developers’ Association of Malaysia (REHDA).

At first, I thought our new properties in the market are over supplied until I saw this quote as below: -

“Based on these figures, we are looking at about 80,000 units of new houses in 2010. However, our basic housing demand annually shows that an average of about 150,000 to 180,000 units are needed. We also have to take into account the continuous migration into the cities and upgraders. We may face a shortage in the market soon,” said REHDA President, Datuk Michael Yam. Source: TheEdgeProperty.com

House price increase tremendously recently. Many potential house buyers are talking and worrying about the property market burst. Some say it is a speculative bubble, the sky-high house prices have been over speculated. Some say it was due to inflation, population growth, and increasing material costs. Whatever.

However, the housing demand analysis revealed by Datuk Michael Yam as above is good for us to have clearer picture about the supply and demand of housing market in Malaysia.


3 Property Millionaires Malaysia Show You How To Make Million Dollars Within 1 Year

10 August 2010 | Category: Property Investment, Property Seminar, Successful Story | 3 Comments


What are the investment strategies to make million dollars from properties? How to invest properties with little capital or even no money down? How to retire early with financial and time freedom via property investment?

If any questions of these appear in your mind, you should not miss the opportunity to attend this 3 days property course, THE PROPERTY MILLIONAIRE CHALLENGE organized by FREEMEN. Take the challenge by moving forward your first step to making millions in property investment!

The Property Millionaire Challenge

Date: 20 – 22 August 2010 (Friday – Sunday)
Time: 9.00am – 6.00pm (Daily)
Venue: Mines Conventional Center, Kuala Lumpur

Main Speakers:

  • Michael Tan – Coached 197 people to buy RM14.1mil worth of properties with No Money Down in 1 year
  • Juanita Chin – From 0 to 13 properties in 4 years
  • Dr. Peter Yee – Property Guru on Auction Properties with more than 15 years experience

Exclusive Promotion for iProperty.com members:

  • Ticket Fee: RM670/pax (Normal Price = RM1,317)
  • Group Package: Group of 3 persons = RM1,590/3pax, Group of 5 persons = RM1,990/5pax
  • Free Real Estate Investor Kit worth over RM450 (only for the first 137 participants)

For more information, please visit FREEMEN

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