Ipoh and Singapore’s connection; RM15 billion T-City

Ipoh will be that city with an integrated motorsport themed township. This mega project is known as T-city and has a gross development value of RM15.1 billion It will be in Gopeng and is jointly undertaken by Goodland Group Ltd, a company listed on the main board of the Singapore Stock Exchange and Citrine Capital Pte Ltd, on a 184.5ha site.
(Now we get the idea why. If this was in any other bigger cities, the cost would be many times higher)
This is what T-city is about, according to the Perak MB Datuk Sero Dr Zambry Abd Kadir, “T-City will embody the smart city concept and involves three development phases with five key components, including the motorsport facilities and an entertainment hub. The other components are an automotive centre, retail and food industry outlets, a hotel and serviced apartments, alongside condominiums.”

The first component coming up would be the first Formula 2 (F2) racing circuit in Malaysia which should be ready by June 2017. First phase would be completed in 10 years and cover 80.9ha. This is what Goodland Group executive chairman Tan Chee Beng said, “We are targeting to bring together automobile fans, motor racing  enthusiasts, as well as car lovers from throughout the region under one roof.” Goodland Group is a 23-year-old property development company that has extensive holdings in the residential, commercial and industrial segments. Citrine Capital is a specialised investment company focused on motorsport themed commercial development. Full article in NST
here.

Excited yet?
I am excited for Ipoh even
if I am not such a huge fan of F1, except for the Mercedes team since Petronas is involved. I will be awaiting for the first launch of the residential components. Gopeng has not been really growing in popularity for many years. Perhaps this is the catalyst it needs to make it the next hotspot in Perak or Ipoh. Last but not least would be more connectivities. Whether it’s road, rail or even AIR, this better be enhanced tremendously. Ipoh can take in more people, as long as not everyone is only interested in the Ipoh city centre to drink and eat lah. There’s so much more to exploreoutside the city centre too,including Gopeng. Looking forward to the days when flights between Ipoh – SG is on HOURLY basis. Now, that would be real connectivity. Happy following.

written on 13 Nov 2016

Next suggested article:
Food, entertainment and accessibility, that’s Ipoh

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Ipoh, that city in the middle needs more connectivity.

Not too long ago, someone asked me if Ipoh properties are worth investing in. I laughed. You must not ask a Ipohan about property investment in Ipoh. They may just tell you about all the crazy prices and then tell you that the best time might have been years before. Well, they are right and wrong at the same time. Right because prices did rise a lot when compared to those years when even property prices in the Klang Valley did not move much. Those days when Kelana Puteri condo (check the price today) was still RM190,000 and there were so many units for sale. However, when the prices rise in all the major cities, Ipoh followed naturally. Reason was because there are buyers who came from those bigger cities and Ipoh happened to be in the middle. Wrong because there’s no such thing as the best time. I would like to tell you that inflation would always mean the best time is yet to come. Prices today will not stay the same 10 years down the road. Oh yeah, unless of course Ipoh starts to be deserted by everyone, the manufacturing companies move out and Ipoh stops receiving new tourists, then perhaps prices today are already the highest. Fortunately, those possibilities are low at this moment.

So, what would help Ipoh tremendously? Actually, Ipoh is in a fortunate and unfortunate location. Fortunate because it is in the middle of Penang and KL. That’s good because driving down does not take forever and Ipoh food is second to none. Unfortunate because due to this, it does not make enough economic sense for an international airport to rival PIA (Penang International Airport) or KLIA. That’s why until today, there are lots of noises from the people of Ipoh but not much actions from the authorities. One latest
article about this dream / request is in TheStar.
 Within the article, this was quoted as a response from the Perak MB, Datuk Seri Dr Zambry Abd Kadir about a new international airport. He said that the Sultan Azlan Shah Airport in Ipoh can no longer be expanded due to limited land and the state government has been in discussions with the Economic Planning Unit about the possibility of a new airport. There were many other reasons stated within the article as to why Ipoh needs an airport.

If a new international airport is needed, it should be out of Ipoh. More land is needed. It should be targeted to attract tourists to come into Ipoh but let’s be very objective. Ipoh is not as well known as Penang’s UNESCO Heritage City status or KL’s Twin Towers. We may be listed here and there. Example:
Lonely Planet: Perak is top 10 region to visit for 2017
  This meant that even more money would be needed to be spent to market Ipoh as a tourist hotspot.  Second thing I worry is that if it’s outside Ipoh, say 45 minutes away from Ipoh city centre, then connectivity becomes an issue. How will we be connecting these two dots? That’s a question which needs to be answered too.

Perhaps we can look at the Sultan Abdul Aziz airport (Subang airport) as a good model? It can always be a hub for turboprop planes. The distance possible for these turboprop planes would be 1,500km which meant that flights to Phuket, Medan and even Bangkok is within range. Actually, it can covers lots of cities within this radius. The only issue would be how many things that Ipoh offers which is NOT available in other more well known cities in Malaysia? Perhaps a stronger NGO on this particular issue should start rallying for more support? Yes, of course I will help to publicise it too. Just write to me yeah. I love Ipoh and of course would be staying there when I retire. Cheers.

written on 28 May 2017

Next suggested article:
Ipoh retirement, doing nothing?

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


30 IPOs in Malaysia (expected) for 2021 Ready for some of them?

Here is a piece of good news. 30 IPOs in Malaysia are expected for 2021. Initial Public Offering (IPO) is where the companies are selling their shares (some portion of it) to the public to raise funds for the business. Usually, this allows it to have funds to expand and the investors could also enjoy this potential growth.

Depending on how the business goes, the share price may rise, the dividends may be continuous. Just need to search for ‘dividend stocks’ to see which are some of these stocks. Do note that the reverse may also happen to the share price and if the company is running a loss, then dividends will not be declared as there is no profits to be shared with shareholders.

Photo by Burak K on
Pexels.com

Article in themalaysianreserve.com
.

The Securities Commission Malaysia (SC) is expecting 30 companies to debut on Bursa Malaysia this year despite the uncertainties from Covid-19. SC chairman Datuk Syed Zaid Syed Jaffar Albar said that this is “healthy” when compared to just 19 new listings in 2020.

To compare, 30 companies debuted in 2019 consisting of four on the Main Market, 11 on the ACE Market and 15 on the LEAP Market, data on Bursa Malaysia’s website showed. In 2018, there were 22 IPOs. He said, “We see continued economic recovery which will lead to an increase in private investment as business confidence rises.” Please do read the full article here:
Article in themalaysianreserve.com

IPOs also meant two things. One is that the company has done well enough to pitch themselves to the public to participate in their future growth. Seriously, if the company did not do well, I would be worried to give them my hard earned money. Do note thought that part performance does not guarantee future performance at all.

Second thing is that the public is now ready again to invest into some of these IPOs. If the market was still extremely negative, more people would prefer to keep all their funds in the bank. In extremely safe investments. However, when sentiment becomes more positive, then they would now be more willing to diversify, to take some risks so that they may also get potentially higher returns too.

What these two things say about the market? One word, positive. Just do not be speculative and everything would be just fine.  Happy understanding and all the best in your IPO share applications too.

Love news like this and more?
Sign up for daily investment news updates.

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Sign up for KopiWeekly. (only once per week of property, finance, investment news and more)

Next suggested article:
Sorry but this is not investing. Call it with its original name

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


iProperty.com Agents Advertising Awards – The Winners

Real estate negotiators do not have an easy life. Seriously. Sellers who refuse to use a dedicated one but chose to instead gave it to 10 different negotiators. Buyers who kept viewing forever and ever and never buy. However, rain or shine, if you are their top customer (whether buyer or seller), the good ones would be there for you. I have many extremely dedicated real estate negotiator friends who have been in the industry for a very long time and I always treat them to a latte because there’s so much to learn from them. Yesterday evening, some of them were celebrated as stars in iProperty.com’s Agents Advertising Awards. (AAA) Congratulations to all winners of the night. Kudos to iProperty.com for the successful event. I love the emcee. Met many of my buddies as usual and took lots of photos. Do refer to my Facebook page for them yeah. The winners are as follows:

AAA Winners

Agency

Outstanding Real Estate Agency – Titanium

1. Vivahomes Realty

Outstanding Real Estate Agency – Platinum

1. Tech Real Estate

Outstanding Real Estate Agency – Gold

1. Dreamvest Realty

Agency of the Year – Titanium

1. IQI Realty

Agency of the Year – Platinum

1. Tech Real Estate

Agency of the Year – Gold

1. Dreamvest Realty

Top Agency – Central Region

1. IQI Realty

2. Vivahomes Realty

3. Dreamvest Realty

4. Propleague Realty

5. Affirm Plus Properties

6. Reapfield Properties (Bukit Jalil)

Top Agency – Northern Region

1. IQI Realty (Penang)

2. Reapfield Properties (Penang)

Top Agency – Southern Region

1. CBD Properties (Johor Bahru)

2. Eco Harta Properties (Johor Bahru)

Emerging Real Estate Agency

1. Dreamvest Realty

Elite Project Marketing Agency

1. Propstar Realty

Visionary Real Estate Agency

1. IQI Realty

Exemplary Agency Culture

1. Propstar Realty

Special Recognition Awards

Best Employee Development Agency of the Year

1. Reapfield Properties

Global Visionary Award

1. IQI Realty

Perak Emerging Agency

1. Gather Properties (Ipoh)

Johor Emerging Agency

1. Rina Properties (Johor Bahru)

Innovative Digital Marketing Agency

1. Propleague Realty

Award of Excellence

1. Metroworld Realty

Individual

Outstanding Performing Negotiator (Residential)

1. Ganesh Ramanathan
Team Leader of
Square Feet Real Estate

2. Jeff Lim
Senior Negotiator of

IQI Realty (KLCC)

3. Lawrence Tan
Senior Negotiator of

Worldmart Properties (Johor)

Outstanding Performing Negotiator (Commercial)

1. Daniel Leong
Probationary Estate Agent of Square Feet Real Estate

Breakthrough Negotiator of the Year (Residential)

1. Teammy Lee
Team Leader of
GS Realty

Breakthrough Negotiator of the Year (Commercial)

1. Daniel Leong
Probationary Estate Agent of Square Feet Real Estate

Stellar Negotiator

1. Daniel Leong
Probationary Estate Agent of Square Feet Real Estate

2. Jelly Tan
Senior Negotiator of

Southern Properties

Star Negotiator – Area (Residential)

1. Teammy Lee (Bandar Sungai Long)
Team Leader of
GS Realty

2. Caryn Wee (Glenmarie)
Senior Negotiator of

Oriental Realty

3. Sean Tan (Mont Kiara)
Senior Negotiator of

IQI Realty (Desa Sri Hartamas)

4. Freeman Woo (Mont Kiara)
Senior Negotiator of

MIP Properties

5. Dave Soh (Tropicana)
Team Manager of MIP Properties

6. Desmond Tan (SS2)
Negotiator of

Twincrest Properties

7. Lawrence Tan (Johor Bahru)
Senior Negotiator of

Worldmart Properties (Johor)

8. Jeff Lim (Glenmarie)
Senior Negotiator of

IQI Realty (KLCC)

Star Negotiator – Area (Commercial)

1. Jenny Liu (KL Sentral)
Senior Negotiator of

Greenfield Properties (Damansara Avenue)

2. Winson Yong (Puchong)
Senior Negotiator of

IQI Realty (KLCC)

The Extra Mile

1. Freeman Woo
Senior Negotiator of

MIP Properties

Outstanding Leader

1. Eddie Cheong
Senior Negotiator of

Reapfield Properties
 (Bukit Jalil)

Visionary Trainer

1. Keegan Soh
Team Head of

IQI Realty (Ara Damansara)

See you again sometime, winners. All the best.

written on 16 Aug 2017

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


iProperty.com.my Agents Advertising Awards 2018. Oh What a Night…

It was a night to celebrate for the real estate agencies and negotiators. Their hard work, perseverance and the never-ending customer service (weekends, even before we wake up…) for the owner and the buyer has paid off. This is the iProperty.com.my Agents Advertising Awards 2018. The top of the top received their awards which they could now show to their future customers. When I arrived at 6pm for the function, many of them were already happily chit-chatting with one another and the scene showed to me that even with the current slowdown in terms of property transactions, the better ones would always continue to prosper. As they say, when the goings get tough, the tough gets going. Let’s be reminded that for real estate negotiators, they have nothing at the end of the month if they did not close any deal. These RENs are tough people and I salute them. For the full report and results, please do refer the official article from iProperty.com.my   Happy reading and perhaps it’s time you start focusing on doing very well and winning some awards in 2019.

The iProperty.com.my Agent Advertising Awards (AAA) returns once again to celebrate and recognise the achievements of agents, negotiators, and agencies in the Malaysian real estate industry.

It was a night of glitz and glamour at the Sheraton PJ on August 8, 2018 as the iProperty.com.my Malaysia’s Agents Advertising Awards (AAA) was held once again to honour and pay tribute to the professionals of the real estate industry. Recognised as one of the country’s most prestigious and credible property awards, iProperty.com.my’s AAA is an annual celebration that rewards the best advertising practices, outstanding performances and innovation within the real estate industry in Malaysia.

Since its inception four years ago, the AAA has stood as the benchmark event for property professionals and agencies here in Malaysia. The annual event pays tribute to the men, women and companies of the local real-estate industry who have shown the highest levels of excellence and innovation. Most importantly, the awards also acknowledge the exceptional work being done in transforming the way property is marketed and advertised here in Malaysia.

Honouring real estate professionals

Over 550 property professionals, who were dressed to the nines, packed the Main Ballroom of the Sheraton PJ on the night of the event. Following an impressive launch gambit with music and entertainment, David Mawer, General Manager, iProperty.com.my, welcomed the esteemed guests and recipients of this year’s awards.

An electrifying violin and LED performance kicks off the festivities at the iProperty.com.my Agent Advertising Awards (AAA) 2018.

In his welcome address, Mawer stressed on the importance of property professionals and agencies in Malaysia and the role they play in changing and elevating the way Malaysians experience property. “The iProperty.com.my AAA serves as a great platform for us to recognize men and women who play an important role in helping millions of people find their dream home,” he added.

As such we are here tonight, to honour the reputable agents and agencies, who play a pivotal role in helping thousands of people find their dream home in Malaysia. All winners here not only at the top of their game but they have also set the bar for others in the industry to emulate and improve on. -David Mawer, General Manager, iProperty.com.my-

We had some fun and games that night too, where the attendees pitted against one another for the Best GIF Photo contest.

Judging the best of real estate

This year’s awards saw more than 100 entries judged by an acclaimed panel, which include Ahyat Ishak, Founder of the Strategic Property Investor Program; Charles Tan, Founder cum Executive Director of kopiandproperty.com; Ismael Ho, Chief Executive Officer of Ho Chin Soon Research and Sr Fakru Radzi, Chief Executive Officer of PKNS Real Estate.

(From left) Ishmael Ho, Charles Tan with David Mawer, Ahyat Ishak and Sr Fakru Radzi.

All recipients were subjected to stringent judging criteria based on consumer votes, online data and their creativity and skills to leverage technology and data in the way properties were sold and listed. Certified public accountants, PKF Malaysia reviewed the process to ensure the authenticity and validity of all entries.

“All the shortlisted finalists and winners demonstrated their ambition, talent and commitment, and iProperty.com.my is proud to honour and recognise them”, expressed Leon Kong, General Manager, Agent Business of iProperty.com.my.

“Shortlisting the candidates was no easy task even more so as each entry was put through a rigorous judging process. However, we are proud to showcase the finalists and winners of this year’s iProperty.com.my AAA who represent the top echelons of talents in the property industry in Malaysia.”

The winners revealed…

A total of 25 categories and 45 trophies were presented to property professionals nationwide at this year’s event. The diverse range ensured that all aspects of real-estate were covered including agency and individual categories as well as customer service, training as well as tech and digital applications in real estate.

As the envelopes were opened and the winners announced, Gplex Realty and IQI Realty would prove to be the big winners of the night. The former came away with wins in the Agency of the Year Platinum, Emerging Real Estate Agency and Visionary Real Estate of the Year.

The IQI Realty team were on fire that night.

IQI Realty, on the other hand, solidified itself as one of the leaders in the real estate marketplace by securing the Agency of the Year Titanium for the second year running. The agency also bagged the wins for Best Project Marketing Agency as well as Best Real Estate Agency Culture.

In the individual category, Jeff Lim (IQI Realty) again picked up the award for Agent/Negotiator of the Year. “I’m certainly blessed to be recognised for the third consecutive year for this award, enthused Lim after his win. “I’m so grateful to have the continuous trust from my clients as well as the unconditional support by IQI Realty.”

The following are the big winners who joined Lim, Gplex Realty and IQI Realty on the podium of the iProperty.com.my Agents Advertising Awards 2018.

Agency Category:

Agency of the Year Titanium
 – IQI Realty

Agency of the Year Platinum
 – Gplex Realty

(L-R) David Mawer, General Manager, iProperty.com.my with Agency of the Year Platinum winner Gplex Realty- Christopher Liang, Group CEO, Jimmy Chao, CEO and Ron Ong, Director of Sales & Marketing.

Agency of the Year Gold
 – Dreamvest Realty

(L-R) David Mawer presenting the award for Agency of the Year Gold to Jeff Ong, co-founder of Dreamvest Realty.

Leading Digital Real Estate Agency (Platinum)
 – Allhomes Properties

David Mawer with the directors of Allhomes Properties Eric Lim, Jynet Chee and Vincent Sin who accepted the award for Leading Digital Real Estate Agency Platinum.

Emerging Real Estate Agency
 – Gplex Realty

Best Project Marketing Agency
 – IQI Realty

Visionary Real Estate Agency
 – Gplex Realty

Best Real Estate Agency Culture
 – IQI Realty

Star Real Estate Agency (Central Region) –
Chester Properties, Dreamvest Realty, EUM Realty, Gplex Realty, IQI Realty, Maxxan Realty, Polygon Properties

Star Real Estate Agency (Northern Region)
– GS Realty (Ipoh), IQI Realty

Star Real Estate Agency (Southern Region)
 – Gplex Realty, Maxxan Realty

Individual Category:

Agent/Negotiator of the Year (Residential)
 – Jeff Lim, IQI Realty

Agent/Negotiator of the Year (Commercial)
 – Jenny Liu, Greenfield Properties (Damansara Avenue)

Outstanding Agent/Negotiator of the year (Commercial) Jenny Liu (right) with Leon Kong.

Outstanding Agent/Negotiator (Residential) 30 Years and Below
 – Meena, Oriental Realty (Mont Kiara)

(L-R) Leon Kong presenting Meena from Oriental Realty the award for Outstanding Agent/Negotiator (Residential)- 30 years and below

Outstanding Agent/Negotiator (Residential) 31 Years and Above
 – Mac Chia, Twincrest

Outstanding Agent/Negotiator (Commercial) 30 Years and Below
 – Desmond Gan, Full Homes Realty (Puchong)

Outstanding Agent/Negotiator (Commercial) 31 Years & Above
 – Jeremy SR, Oriental Realty (Mont Kiara)

(L-R) Leon Kong, General Manager, Agent Business of iProperty.com.my presenting the award for Outstanding Agent/Negotiator (Commercial)- 30 years and below to Jeremy SR (Oriental Realty).

Best Performing Agent (Rental)
 – Joseph Chan, MIP Properties

Star Agent/Negotiator Area (Residential)
 – Desmond Tan (SS2), Biana Yap (Damansara Utama), Calvin Law (Bandar Utama), Christine Lim (Tropicana), Daniel Yap (Rawang), Edison Gan (Sri Hartamas), Freeman Woo (Mont Kiara), Janice Ng (Sierramas), Jasmine Teo (Setia Alam), Joseph Chan (Shah Alam), Mac Chia (Taman Tun Dr Ismail), Vic Tan (Cheras).

Star Agent/Negotiator (Commercial)
 – Desmond Gan (Puchong), Jenny Liu (Kl Sentral)

Star Agent/Negotiator (Industrial)
–Eva Tan (Johor Bahru)

Exceptional Deal of the Year (Commercial)
 – Jake Ching, Tech Realtors Properties

Wow Customer Service
 – Chong Teck Seng, MIP Properties

(L -R)Premendran Pathmanathan, General Manager Customer Data Solutions-REA Group Asia with WOW Customer Service award winner Chong Teck Seng (MIP Properties)

Outstanding Leader
 – Dave Chong, IQI Realty

Visionary Trainer
 – Tony Yap, IQI Realty

Special Recognition:

Best Project Marketing Specialist
  – Adrian Seow, IQI Realty

Best Innovative Solution Agency
 – Chester Properties

Award of Excellence
 –  IQI Realty

Dynamic Real Estate Agency
  – Janwell Properties

Influential Team Leader in Real Estate
 – Wayne Lim

Inspiring Women in Real Estate
  – Ashley Tan

Tech Adoption in Real Estate (Trainer)
 – Jason Lim

— end of article —

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Upcoming sharing: Property prices are too high & oversupply in the market. Still invest?

I will be speaking in
iProperty.com.my’s Home& Property Investment Fair in Mid Valley Exhibition Centre from 20 – 22 July 2018.
 My session is on Sunday. (Hopefully it’s save the best for last?) For this talk, I will be sharing something that’s on the mind of many people. On one hand, the market is slow and on the other hand, the number for oversupply is on uptrend. For the seasoned investors, they would already have their focus but what about new home buyers? Is it still the time to buy or perhaps one should wait for prices to fall because oversupply surely would cause prices to fall? Do we even know where the unsold units are then? Decisions, decisions and decisions. Hopefully I can provide some direction by sharing some information yeah. Will be seeing some of you people this weekend yeah. I heard the speaker before me, Master Sandy Paw is super-duper Fengshui master.  Hopefully some of her crowd stay back for my talk yeah. Haha. Sunday, 630 – 715pm.
Please Register here.

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iProperty.com.my introduces 12.12 deals for aspiring homebuyers

These exclusive deals, which are only available on iProperty.com.my., include free home loan instalments for 12 months and complimentary 12 months of property maintenance fees.

KUALA LUMPUR, 10
th
December 2020 —
 iProperty.com.my, Malaysia’s No.1 Property Site, today announced a special 12.12 promotion on Great Property Deals, a special campaign for homebuyers to discover new property deals. The properties feature attractive housing promotions including 12 months of free loan instalment, partially furnished move-in packages, free 12 months of maintenance fees, and more. These 12.12 deals provide a great opportunity for prospective homebuyers to find their preferred properties in attractive locations such as Taman Melawati, Wangsa Maju, Subang Jaya, Bandar Sri Damansara, and more.

Under the campaign, each property features exclusive deals only available on iProperty.com.my. In addition, select featured properties are under the Homeownership Campaign (HOC) 2020 which includes full stamp duty exemptions for Memorandum of Transfer (MOT) & Sales and Purchase Agreement (SPA), and loan agreements for first-time home buyers.

Below are some of the attractive offers and deals available for 12.12:

12 months of free loan instalment

From 4 – 31 December, the following properties offer 12 months of free loan instalments for homebuyers looking for properties in strategic locations:

Sime Darby

Serini Melawati, Kuala Lumpur
 – Serini Melawati is a freehold serviced high-rise in the upcoming Sime Darby commercial and lifestyle hub at the gateway of Melawati. These semi-detached apartments are complemented with facilities to suit contemporary living and come in 4 different layouts that are priced between RM506,888  and RM1,194,888.

Embun 2, Bandar Ainsdale, Negeri Sembilan
 – Embun 2 are contemporary 20′ X 70′ double-storey freehold lakeside homes. Located 5km away from Seremban town centre with access to all the amenities one would need as well as being close to greenery with the 11- acre Ainsdale Lake Garden nearby.

Partially furnished move-in package

From 4 – 31 December, homebuyers have the opportunity to receive partially furnished move-in packages which includes a selection of furnishings, home appliances, and furniture vouchers. Below are the selected properties:

Tropicana

Edelweiss Serviced Residences at Tropicana Gardens, Tropicana Indah
 – These Serviced Residences offers generous and flexi layouts with a built-up range from 556 sq ft to 1,111 sq ft, with added bonus of partially furnished move-in package that consists of fittings such as digital door lock, smart home system, air-conditioner, water heater,  kitchen cabinet, hood, hob, and washer dryer.

Paisley Serviced Residences at Tropicana Metropark, Subang Jaya
 – Paisley Serviced Residences offers well-thought-out layouts with a built-up range from 601 sq ft to 1491 sq ft, with the added bonus of partially or fully furnished  move-in package that consists of fittings such as air-conditioner, water heater, kitchen cabinet, hood, hob,  washer dryer and fridge.

Mah Sing

M Arisa, Sentul
 – M Arisa is located just 5 km from the Kuala Lumpur city centre in the strategic town of Sentul. The 3.31-acre project is targeted mainly for first-time homebuyers and upgraders looking for homes close to multiple amenities. It features outdoor elements including a multi-level Sky Garden while offering strategically located nearby KTM and LRT stations.

TA Global

Ativo Suites @ Damansara Avenue, Bandar Sri Damansara
 – Ativo Suites features two dynamic towers with rooftop facilities, retail shops and a podium deck. It is located in Damansara Avenue, Bandar Sri Damansara, a mixed-development hub catering to the needs of a sophisticated and urban community with residential, retail, office towers, green landscapes, a sports complex and a performing arts centre.

Free 12 months of maintenance fee

From 4 – 25 December, homebuyers looking for properties in Johor can take advantage of a Free 12 months of maintenance fee when purchasing the below selected properties. Additionally, the first 12 homebuyers will receive a complimentary Samsung Tab 10.4”

UEMS Johor

Bayu Angkasa, Iskandar Puteri (Nusajaya), Johor
 – Located within an area of 8.49 acres, this hillside apartment comprises two blocks of 16 and 17-storey residential building that provides an eco-friendly lifestyle. It features a park, community hall with retail outlets, and comprehensive security features. Public amenities are also conveniently located within the vicinity of the apartment.

Aspira Parkhomes, Iskandar Puteri (Nusajaya), Johor
 – Aspira Parkhomes is located in a healthy and sustainable environment. This eco-friendly neighbourhood features double-storey terrace houses starting with typical lot sizes of 20’ x 70? and built-ups ranging from 1,931 sq ft and 2,154 sq ft.

Taking into account pent-up consumer demand during the Movement Control Order (MCO) period, iProperty.com.my’s 12.12 Great Property Deals aims  to provide homebuyers with an easy-to-use platform to discover deals by top property developers and submit their interest or enquiry, all in one place. Furthermore, the campaign strives to match homebuyers’ requirements with the right property within their budget, enabling them to discover their dream home.

For the full list of properties, please visit:

https://www.iproperty.com.my/great-property-deals/

— End of Press Release —

Love to be updated of investment news?
Sign up for KopiWeekly. (once per week for property, finance, investment news and more)

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Next suggested article:
iProperty: 10 most expensive properties transacted in 2019

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


For Immediate Release
:
iProperty.com.my Provides Much-Needed Assistance to Property Agents

Kuala Lumpur, 2nd April 2020
– iProperty.com.my have recently announced an assistance plan in an effort to help its partners, especially property agents, that are affected by the escalating COVID-19 outbreak in Malaysia. The initiative, #iPropertyCares support, is provided to its active property agents during these difficult and unprecedented times, with immediate effect until 1
st
May 2020 and it is provided on a complimentary basis.

The #iPropertyCares provides its active property agents with the following:

? All current active Premium and Featured listings will be extended to 1
st
May 2020.

? All new Premium and Featured listings created between now to 1
st
May 2020 will get an additional 30 days extension from listing expiry date.

? All account subscriptions that are due for expiry between 26
th
March to 30
th
April 2020 will automatically expire on 1
st
May 2020.

? New sign-up accounts activated in the month of March and April 2020 will be extended for another one month.

The support provided to the agents is meant to garner more exposure and, at the same time, allow property agents more time to bridge into a new way of business, maintaining their presence to high-intent property seekers.

iProperty.com.my initially announced the #iPropertyCares support to its property agents when the Movement Control Order (MCO) was first imposed from 18
th
March to 31
st
March 2020. Since the government’s announcement of the MCO extension, iProperty.com.my has subsequently extended it from 1
st
April to 1
st
May 2020.

For more information on the support, property agents are requested to contact their iProperty.com.my account manager or alternatively contact the customer service team via phone +
60 3 6419 5188
, WhatsApp
+6017 943 9107
or email customercare@iproperty.com.my, Monday to Friday, 9am – 6pm.

iProperty.com.my offices will remain closed during the MCO but support is still available as the teams are fully-equipped to work from home.

“The impact of the COVID-19 has resulted in unprecedented conditions for the local property market. Our partners, specifically property agents, might be affected by it. As the MCO is put in place, any viewing of properties between agents and buyers cannot be done at this time. Our partners remain front-and-centre in all of our thinking. In the spirit of true partnership, we want to help our partners with unconditional support and understanding. We hope through the #iPropertyCares support, all our partners can gain more exposure,” said David Mawer, General Manager of iProperty.com Malaysia Sdn Bhd.

As the spread of COVID-19 continues to impact the global community, iProperty.com.my remains focused on the health and safety of its employees and customers, their families, and our local communities. The #iPropertyCares support is initiated with the aim to provide property agent customers as well as developer and media customers with innovative tools and services that can help their businesses in these changing times as more potential homebuyers look online for their property needs.

— end of press release —

Please LIKE
kopiandproperty.com FB page
 or
Sign Up for free
 to get daily updates about the property market. Else,
follow me on Twitter here.

Next suggested article:
iProperty.com.my reveals the 10 most expensive residential properties sold in Malaysia in 2019

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iProperty.com.my reveals the 10 most viewed properties in Malaysia by home buyers during MCO

iProperty.com.my reveals the 10 most viewed properties by home buyers during the Movement Control Order (MCO). The list comprises the nation’s top high-rise properties with the highest number of views (site-wide) between 18th March 2020 to 18th April 2020. The views compiled are non-unique which means multiple views on the same listing are calculated and presented as such. In addition, the views compiled are from desktop and mobile views only. Views on the iProperty.com.my app are not included. The data is compiled by iProperty.com.my‘s big data solution, iPropertyIQ.com. The properties are ranked in descending order and the popularity is displayed in terms of percentages (%).

Number 10: The Riyang – Kuchai Lama
Percentage of views
: 7.77%
Property Type
: Condominium

The Riyang is located in the mature neighbourhood of Happy Garden in Kuchai Lama, Kuala Lumpur. The condominium, targeted at families, includes amenities such as a shaded playground, a three-tier infinity pool, a multipurpose hall, a sky lounge and a gym. Being in a strategic area, The Riyang is accessible via major highways such as Jalan Klang Lama, the Sungai Besi Expressway, the Kuala Lumpur-Seremban Expressway, New Pantai Expressway and the Maju Expressway. To add to its accessibility, The Riyang is located 1.1km away from the Kuchai Lama station on the Sungai Buloh-Serdang-Putrajaya MRT2 Line.

Number 9: 10 Mont Kiara @ MK 1 – Mont Kiara
Percentage of views
: 7.78%
Property Type
: Condominium

10 Mont Kiara is located in the affluent Kuala Lumpur suburb, Mont Kiara. The luxury condominium is popular among expatriates as it is in close proximity to many international schools such as Mont Kiara International School and Garden International School. Also within convenient distance are essential

facilities such as banks, shopping malls and restaurants. 10 Mont Kiara is near other affluent suburbs such as Bangsar, Sri Hartamas and Taman Tun Dr Ismail (TTDI) Damansara Heights.

Number 8: Four Seasons Place – KLCC
Percentage of views:
7.8%
Property Type:
Condominium

The Four Seasons Place is known for its luxury environment and being right next to the Petronas Twin Towers. This premium residence offers amenities such as a spa, gym and a swimming pool with the downtown Kuala Lumpur city view. People would find it very convenient to find the Robinsons mall located right underneath the residency with fancy diners and high-end grocery stores.

Number 7: Westside Three – Desa Park City
Percentage of views
: 8.10%
Property Type:
Condominium

Desa Park City is considered one of Malaysia’s top-selling neighbourhoods. It is also one of the fastest-growing areas in Malaysia. Here, you can find The Central Park, offering amenities such as The Waterfront at Park City and also The Sports Centre. There are also private country clubs within the area, as well as a swimming pool and a tennis court. Desa Park City is a family-friendly place to live in, with various residential schemes such as at the Westside Three, overlooking The Central Park offering a garden community.

Number 6: Skyluxe On The Park, Bukit Jalil
Percentage of views:
8.11%
Property Type:
Serviced Residence

Being a stone’s throw away from Bukit Jalil Recreational Park and Bukit Jalil Golf Course as well as brimming with lush greenery, Skyluxe On The Park is indeed a dream place for outdoor lovers to live in. Not to mention, it is very close in proximity to stadiums, so you won’t be late to the next concert post-MCO.

Number 5: Pavilion Hilltop, Mont Kiara
Percentage of views:
8.23%
Property Type:
Condominium

Pavilion Hilltop in Mont Kiara is the apex of luxurious condos one can find in this country. The residence boasts an abundance of world-class facilities distributed over seven floors of the condominium, such as a nursery room and a surau. Moreover, the condo is conveniently accessible via multiple highways such as the North-South highway, DUKE highway, Penchala link, and SPRINT highway. Indeed, Pavilion Hilltop

has become the place for newlyweds and families to build their nest, which is why this area is desired by many.

Number 4: EkoCheras, Cheras
Percentage of views:
11.13%
Property Type:
Serviced Residence

Cheras is a coveted area for families as it is located at the outskirts of Selangor, away from the hustle and bustle of city life. The handful of malls, like EkoCheras Mall, Sunway Velocity and Aeon Mall Taman Maluri cater to the needs of its residents.

Number 3: Seni Mont Kiara, Mont Kiara
Percentage of views:
12.40%
Property Type:
Condominium

Considered as one of the most elite addresses in Malaysia, this posh area is known for the luxury residences surrounding the area, one of them being Seni Mont Kiara. This opulent condominium is not only sought after for its debonair architectural design, but also for its location, being in proximity to a number of regional centres. For instance, residents of this area can enjoy a quick 15 minutes’ drive to 1Utama shopping centre, Publika, and KLCC.

Number 2: One KL, KLCC
Percentage of views
: 13.52%
Property Type
: Condominium

Located in the heart of Kuala Lumpur, KLCC is the place that everyone goes to for entertainment, business purposes and just to hang out. The iconic Petronas Twin Towers nearby also stands as an embodiment of the country. KLCC is a place to experience a fast-paced and lively environment, with towering skyscrapers. Home seekers are looking more into the city to have a convenient life, at places such as One-KL, with a luxury view of the city.

Number 1: The Tamarind, Tanjong Tokong, Penang
Percentage of views:
15.16%
Property Type:
Serviced Residence

Known as the ‘Pearl of the Orient’, Penang is one of the most urbanised areas in Malaysia, with its unique architecture reflecting the British presence on the island. Many people are looking for homes in Penang because of its mind-blowing culture, sandy beaches and of course, the tasty local cuisine. People love having good eats and staying near the beach, such as The Tamarind in Tanjong-Tokong, which is only 3km away from Georgetown City Centre.

— End of Press Release —

Please LIKE
kopiandproperty.com FB page
 or
Sign Up for free
 to get daily updates about the property market. Else,
follow me on Twitter here.

Next suggested article:
A thoughtful family-sized condominium in Kuchai Lama

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iProperty.com.my: Ways to Accelerate Malaysia’s Residential Property Market Recovery Through Budget 2022

Header image:
Shylendra Nathan, General Manager of iProperty.com.my

In the lead up to the upcoming Budget 2022, we at iProperty.com.my are looking forward to this year’s announcement. We are confident that the budget announcement will introduce more forward-thinking policies that will further strengthen our country’s economy and thus help the Rakyat.

With Malaysia being one of the leading countries with a high vaccination rate, we foresee that the property sector will further recover with improving consumer confidence. Nevertheless, more work needs to be done for the property sector to return to normalcy.

Therefore, iProperty.com.my has several suggestions that may help the government make better policies on revitalising the property market.

Bolster Foreign Home Buyer Confidence Through Easing of Malaysia My Second Home (MM2H) Programme Restrictions

We commend the government for relaxing its rules for existing Malaysia My Second Home (MM2H) programme participants. As a result, they now have to fulfil only two of 10 new criteria under the revamped programme: the increase in annual fee from RM90 to RM500 and the requirement to stay in the country for a minimum of 90 days each year. Such a move will help reduce short-term pain points and outflow of MM2H holders currently within the country.

However, the government must remain consistent when announcing a revision to the MM2H policy. This will safeguard Malaysia’s reputation as a viable second home to foreign homebuyers and bolster foreign homebuyer interest in the Malaysian property market in the long run. Furthermore, as we transition to an endemic phase by the end of October, the MM2H programme will play a significant role in enabling a better economy after two years of the impact of the global COVID-19 pandemic.

As such, we propose that the government continue looking into improving the MM2H programme to make it more attractive in terms of eligibility and home buying criteria for future participants and it should be done progressively over a period of time. The current requirements include having a minimum of RM1 million in fixed deposit, compared to the much lower RM150,000 previously, and proof of liquid assets of a minimum of RM1.5 million, compared to at least RM350,000 previously. This may dampen foreign interest in coming to Malaysia. By revising the eligibility criteria progressively, we hope to see revived foreign interest in the Malaysian property market.

We also urge the streamline of the MM2H application process to make it more convenient and accessible to potential participants. Addressing any application pain points will encourage genuine participants to see through with their application process and secure foreign homebuyer confidence in Malaysia. Even though the programme only encompasses a relatively small segment of total homebuyers in Malaysia, it remains an essential driver for foreign buyer demand. Additionally, a more significant inflow of foreign direct investments into the Malaysian economy can trickle down and help support local businesses affected by COVID-19.

Promoting Suburbanisation Through Better Infrastructure Systems

In a bid to decongest central business districts (CBDs) within the Klang Valley and other states’ city centres, we propose that the government to promote suburbanisation. Seeing how the work-from-home (WFH) or hybrid work trend may likely be here to stay for a while even when we transition to endemic, individuals would have less reason to reside close to their place of work and can seek out bigger living spaces in the suburbs instead.

We have already observed this suburban migration trend occurring through the latest
iProperty.com.my H1 2021 Portal Demand Analytics (Residential Subsale Market)
. In particular, Selangor’s suburban areas such as Puncak Alam, Dengkil, and Semenyih, gained +5%, +2%, and +4% Year-on-Year (YoY) demand growth respectively, thanks to the availability of affordable and spacious terrace houses in those areas.

As such, we hope the government will increase efforts in promoting suburban areas and housing as an attractive alternative to dense urban settlements. Once consumer demand for suburban areas increases, the government could then introduce key infrastructure development projects to sustain long-term interest in these areas. By making amenities more accessible within these areas – such as better roads, hospitals, educational institutions, lifestyle amenities and public transportation services – the government would reduce urban pull factors and, in turn, decongest CBDs. Additionally, the persistence of the WFH trend post-pandemic would see individuals continue to work from home; thus, better internet infrastructure can reduce the need for workers to reside or commute to the city for work.

Facilitating a Conducive Environment for First-time Home Buyers

A targeted first-time home buyer initiative for affordable homeownership needs to be introduced to address the current financial issues faced by various demographics within this buyer group. For example, the self-employed might find it difficult to have the proper documents to apply for a home loan – and they may not be able to take advantage of existing schemes like the HOC. A facilitative financing scheme for this group might help in getting them a loan approval and achieving their first home.

We propose the government streamline the application process for home financing facilities – such as the Rent-to-Own Scheme (RTO), Youth Housing Scheme, Fund for Affordable Homes, and First House Deposit Financing Scheme (MyDeposit) – to further lower the barrier of entry for first-time home buyers. Various schemes have been introduced in the past few years but some of the websites have outdated or confusing information; some schemes even have a few different sites each. Placing these schemes under one roof will encourage consumers to select the best scheme that will fit their needs and requirements, thus smoothening the application and approval process.

Many renters choose to rent as it makes more financial sense in an environment of high property prices. Hence, to encourage these renters who wish to transition to being homeowners, we suggest that the government introduce a framework that will allow financial institutions to recognise rental history as a supplementary reference when reviewing an applicant’s loan. Implementing this framework will give applicants an extra boost to increase their chances of securing home loan approvals.

Increase Governance Within Rental Property Market

We believe the government must enhance governance within the rental market as many Malaysians participate in renting property, at least until they have accumulated the necessary funds to purchase their own home. Furthermore, as more people grow accustomed to the WFH trend, renting could be seen as an attractive option for individuals to save on accommodation costs in the short term.

To enhance governance within the rental market, we propose the government set up a digital framework for PropTech firms to develop a comprehensive online system that can help modernise the rental application, management, and payment processes. For example, a Tenancy Agreement that can be executed and stamped online will reduce common pain points associated with renting property and reduce landlord-tenant disputes.

Establish a Committee to Assess Efficacy of Commission-Based Jobs such as Property Agents

It is not an understatement to say that the pandemic has dampened consumer confidence within the country. The repercussions led to consumer-facing jobs taking the brunt of the impact; commission-based jobs were significantly affected as workers depended on sales to safeguard their livelihoods. As such, we propose the government set up a committee to look into the efficacy of commission-based jobs within the past two years and develop ways to mitigate potential issues in the future.

Tying back to the property market, commission-based jobs also comprise real estate agents. According to the Malaysian Institute of Estate Agents (MIEA), roughly 25,000 licensed property agents were affected during the start of the Movement Control Order (MCO)
[1]
. Therefore, we will welcome any effort by the government towards assisting property agents as they will play an essential role in spurring economic recovery when consumer spending revives.

The annual budget announcement plays a significant role in strengthening the country’s economy and, by extension, the property market as we move forward to a hopeful 2022 with a brighter landscape. To that end, we are open to collaborating with the government and providing valuable property market data, including consumer demand for the subsale and rental markets. We believe our resources can assist the government in making more well-informed decisions and policies to enhance our local property market.

– End of press release –

Property News Malaysia?
Sign up for daily investment news updates (FREE since Nov 2013 and FOREVER).
 Alternatively, Follow me on
 Telegram here
.

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Next suggested article:
iProperty.com.my: Consumer Sentiment for Subsale Residential Property Improves in H1 2021

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iProperty.com.my: Consumer Sentiment for Subsale Residential Property Improves in H1 2021

The COVID-19 pandemic has accelerated the property seeking journey shift from offline to online.
Interest in terrace houses remains the highest with +29% YoY demand increase and +1.6% in asking prices.
The YoY demand for high-rise homes has also improved slightly at +5%. However, asking prices have reduced mainly due to most sellers settling for lower prices in order to attract buyers.

KUALA LUMPUR, 24 AUGUST 2021
— iProperty.com.my today revealed that Malaysia’s subsale residential property demand experienced positive growth in H1 2021, rising to +19.2% from -2.5% in H1 2020. Both unique visits and property listing supply on iProperty.com.my, consisting of terrace houses, condominiums, service residences and apartments, have increased in H1 2021 with visits outweighing the increase in listing supply.

The announcement was made during an online virtual conference of the bi-annual iProperty.com.my H1 2021 Property Demand Analytics – this publication showcases key demand data and insights into the subsale residential market in Malaysia. This year’s edition tracks the asking prices of subsale residential property on iProperty.com.my, replacing transacted prices used in previous editions. Asking prices are information provided by the respective property sellers and this information provides better insights from the sellers’ perspectives.

Commenting on the analysis, Premendran Pathmanathan, General Manager for Customer Data Solutions & Quality, iProperty.com.my said, “It is encouraging to see recovery for the subsale residential market in H1 2021. The COVID-19 pandemic did not adversely affect this segment as it did in the first half of last year where the H1 2020 demand figure dropped into the negative region. One of the critical factors which supported demand recovery in H1 2021 is that property seekers have warmed up to the idea of conducting their property search journey online – besides online property browsing,  following up with property agents virtually is being accepted as the new normal.

Moreover, the Home Ownership Campaign (HOC) extension until December 2021 serves as a motivation too – the various HOC property deals have a spillover effect on the subsale residential segment as property seekers who are conducting due diligence will continue to browse subsale homes in the same area/vicinity to compare property prices.

Increase in home loan applications and positive demand for all property types

The double-digit demand growth does not only represent an increase in property interest. Homebuyers also took follow-through actions as many applied for home loans in H1 2021, expressing genuine purchasing interest.  Based on Bank Negara Malaysia’s (BNM) monthly loan application data, the value of home loan applications grew +86% year-on-year (YoY) from RM96.4 billion in H1 2020 to RM179.4 billion in H1 2021. The value of loans approved has increased by +92.6% YoY in the same period too. With the Overnight Policy Rate (OPR) at a record low of 1.75%, many consumers are searching for property bargains in a low interest rate environment.

Interest in terrace houses remains the highest in Malaysia with a +29% YoY increase, this has allowed sellers to maintain their high asking prices at +1.6%. The demand for condominiums, apartments and serviced residences is positive albeit lower, with a +5.2%, +11.7%, and +6.8% YoY increase, respectively. However, the asking prices of high-rise homes in all major states have reduced due to a high number of unsold units and as a means for sellers to attract buyers.

Premendran continues, “The upward trend of approved home loan applications is promising. It shows that financially abled Malaysians are still interested in purchasing homes either for their own stay or for investment purposes. However, positive figures aside, aspiring homeowners should plan before committing to long-term borrowing, as interest rates might not stay low for long. A return to pre-pandemic interest rates could result in higher monthly repayments in the future. As our country ramps up its vaccination program and moves towards herd immunity, we hope the economy and by extension, the property market will continue to recover in the second half of the year.”

Kuala Lumpur’s affluent areas holds steady

Kuala Lumpur posted an +8.1% growth in subsale residential demand, compared to +0.3% in H1 2020. The asking prices in affluent areas such as Damansara Heights, Sri Hartamas, Mont Kiara and Desa Parkcity are more likely to be higher as these are prime areas for wealthy property seekers. However, property sellers in other parts of the capital city are lowering their asking prices, signalling a slight decline in holding power.

The demand for terrace houses in Kuala Lumpur is robust at +27.1% with asking prices growing by +2.9%. Bangsar saw strong demand for terrace houses priced between RM1.5 million to RM2 million (1,500 sq ft to 2,000 sq ft). In contrast, Taman Tun Dr Ismail attracted visitors interested in high-rise units priced between RM1 million to RM1.5 million (1,500 sq ft – 2,000 sq ft).

Demand remains high for suburban areas in Selangor

Selangor’s subsale residential property demand grew by +17.6% in H1 2021, mainly driven by the +20.7% YoY demand increase for terrace houses (+3.5% for asking prices). The state’s suburban areas remain the top choice seeing that the working from home trend is here to stay and consumers are interested in affordable, spacious properties. Puncak Alam and Dengkil saw high demand for terrace houses priced between RM500,000 to RM750,000 (1,500 sq ft to 2,000 sq ft), whereas property interest in Semenyih and Sungai Long were for spacious terrace houses (2,000 sq ft to 3,000 sq ft).

Setia Alam experienced a +41% demand growth, mainly contributed by the workers of a top rubber manufacturing factory looking for affordable high-rise accommodation in the area as well as property seekers looking for more premium landed homes (above RM 1 million).

Penang benefitted from rising demand for properties around industrial hubs

Compared to H1 2020, Penang’s subsale residential property demand growth has recovered from -6.5% to +23% YoY due to interest in industrial areas such as Batu Kawan and Bayan Lepas, which host many tech manufacturing companies. On the mainland, lower-priced landed properties commanded higher asking prices between RM300,000 to RM500,000. These areas include Juru, Nibong Tebal, and Seberang Jaya.

Meanwhile, high-rise properties priced between RM300,000 to RM500,000 (700 sq ft to 1,000 sq ft) are rising in popularity on the island. Interestingly, Bukit Jambul saw a surge in visitors for condominiums priced above RM1 million.

Strong local demand reinvigorates Johors subsale residential market

In H1 2021, the Johor subsale residential property market experienced positive growth of +36.5% from -22.8% in H1 2020. The increase came mainly from local property seekers as foreign demands, especially from Singapore, remain low with international borders still closed. Landed homes are still the preferred property type in Johor, with terrace houses priced between RM300,000 to RM500,000 (1,500 sq ft to 2,000 sq ft)  being the top choice.

Batu Pahat and Pasir Gudang became the top two most in-demand areas in Johor. Pasir Gudang experienced a +9.61% growth in asking price due to its reputation as one of Johor’s industrial hubs. Meanwhile, asking prices in Iskandar Puteri, Johor Bahru and Gelang Patah have declined. Nevertheless, there was considerable interest for spacious landed properties in Iskandar Puteri priced up to RM1 million (>2,000 sq ft)

— End Of Press Release —

Love news like this and more?
Sign up for daily investment news updates.
 Alternatively, Follow me on
 Telegram here
.

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Sign up for KopiWeekly. (only once per week of property, finance, investment news and more)

Next suggested article:
iProperty.com Renters continue to benefit from the property market

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


When will property prices be affordable again? See you in Aeon Mall Bukit Tinggi

The population within Greater Kuala Lumpur (GKL) is estimated 7.25 million in 2017. The target by the government was for the population to reach 10 million by 2020. Perhaps this is a little too high a target because we will need to grow by 900,000 people every year from 2018 – 2020 period. However, it is safe to assume that at minimum, the population growth will be equivalent to 500,000 every year due to the continuous urbanisation which is happening. One top choice school leavers have in their mind for jobs would definitely be within GKL. There are over 350,000 tertiary qualified candidates entering the workforce every year. If we assume a ratio of 4 people to 1 home, we will need a minimum of 125,000 new properties just for GKL alone. Then, why do we have so many
unsold homes in Malaysia? (Earlier article here)
  Join me as I share on the topic of”When will property prices be affordable again?” in iProperty.com.my’s Home & Property Fair in Aeon Mall Bukit Tinggi. My session is 3:30pm. See you.
Register here yeah Click).

Details as per below image.

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


iProperty Home & Property Investment Fair.  Join me?

Personally, I love to visit property fairs, especially if there are many speakers for me to just sit down, listen and learn. There’s one happening soon.
iProperty/com.my’s Home& Property Investment Fair happening in MidValley Exhibition Centre from 19th – 21st January 2018.

I think for readers of kopiandproperty.com, you have read about my MRT thoughts for a long time and it’s in many different articles throughout the years. Well, I am compiling them as well as added some recent thoughts into a 40 minute presentation. iProperty’s events team has invited me to share with everyone about my MRT thoughts in the upcoming iProperty Home & Property Investment Fair in MidValley Exhibition Centre. Do register in advance so that better preparations could be made by the iProperty.com.my team.

Over RM100,000 worth of rebates and free gifts too. Click here to register.

These days, nearly every advertisement about a new launch would mention the MRT.  Must we buy next to the MRT stations? Is it true that appreciation will be higher for developments nearby MRT as opposed to those which are 5 minutes drive away? What about further places without MRT stations within a 15-minute drive? By the way, I am not affiliated to iProperty.com.my or any other property sites yeah. I will only represent myself and not any developers during this talk yeah. Thus, my thoughts may not be applicable to all but let’s learn together. The more we share, we the more we learn yeah.  Looking forward to meeting you. During the exhibition, there are a lot of other really prominent speakers too. I have personally learnt a lot from many of them too. One thing’s for sure, they are usually very well prepared. Don’t miss their talks!

Take a look below:

Register here for a 5-page Summary of iProperty.com Residential Property Market Report 2017. A 22–page report will be available for the 1st 5,000 visitors to the expo.

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iDEA Recognises The Best in Property Development, Industry Leadership and Social Responsibility

KUALA LUMPUR, 25 MAY 2021
— Prominent developers were honoured at the 4th annual iProperty Development Excellence Awards (iDEA) 2021 by iProperty.com.my, Malaysia’s No. 1 property site in  recognition of par excellence in property development. iDEA announced winners of the 32 highly regarded  categories in a virtual award ceremony that was live-streamed on iProperty.com.my’s Facebook page.

Mah Sing Group Berhad was the biggest winner at the award ceremony with six (6) awards including the  High-Rise Development of the Year award and the Consumer Game Changer award which honours Mah  Sing Group Berhad as a game-changing developer that successfully introduced and influenced a shift in  consumer patterns.

This year, in addition to 26 judged categories, iDEA has identified four (4) special awards to recognise outstanding property developers, developments and individuals that have innovated and significantly  contributed to the Malaysian property development industry. Separately, ten (10) property developers  will be awarded the coveted People’s Choice Award based on the highest number of votes cast by

members of the public while the Community CSR award is given out to the developers whom exhibited  exemplary leadership during the COVID-19 pandemic to support residents that were affected.

Notable winners include Tropicana Danga Cove Sdn Bhd who bagged Best Residential Landed  Development and Best Southern Landed Development for Ayera Residences as well as Rembawang  Holdings Sdn Bhd who clinched the Landed Development of the Year and Best Luxury Landed  Development for Teringin @ Sri Ukay. Meanwhile, Ideal Group Berhad won the Most Affordable High-rise  Development for One Foresta and Sheng Tai International Sdn Bhd won the Best Commercial  Development Award for The Sail.

“iProperty.com.my is very proud to provide a platform which recognises and honours inspiring property  developments that exemplify architecture, quality excellence, designs and concepts that enhance the  living experience of today’s homebuyers. We hope these recognitions will enable buyers to make better  informed decisions in their property journey, in selecting the best in class property that they can truly call  their home,” said Shylendra Nathan, General Manager of iProperty.com Malaysia Sdn Bhd.

“2021 is the year where the property industry is no longer business as usual and that’s inarguably a good  thing. The global pandemic has accelerated Malaysia’s property seekers in shifting to a digital platform.  Malaysians have turned to the convenience and safety of digital platforms for their property journey  which was disrupted by the COVID-19 pandemic.”

Malaysians spend more time on iProperty.com.my during the pandemic, with over 8 minutes Time on  Site
i
. iProperty.com.my is Malaysia’s No. 1 property site, according to Comscore, a third party media  measurement and analytics company.

He continues, “Despite the COVID-19 pandemic, we remain hopeful for the property market as the  ongoing vaccination program has provided much-needed optimism for the local property market. As our  country begins the journey towards achieving herd immunity, we expect to see higher consumer  confidence in the property market as a result.”

The credibility of iDEA is achieved through its stringent judging process and the results are independently  verified by PwC Malaysia, iDEA’s balloting partner. To ensure a holistic assessment with different  perspectives, industry experts from various professional disciplines such as architecture, property  surveying, topography and property law form the panel of judges. iDEA also signifies quality as the award  categories and selection criteria are based on property seekers’ priorities. This awards aim to provide confidence to property seekers and to encourage more property developers to improve the quality of  living for Malaysians.

i According to Comscore MMX® Multi-Platform, Real Estate, Total Digital Audience, March 2021, ***

List of Winners

#
CATEGORY
TYPE
DEVELOPER
DEVELOPMENT/

INDIVIDUAL
1
BEST RESIDENTIAL LANDED  DEVELOPMENT
Landed
Tropicana Danga  Cove Sdn Bhd
Ayera Residences
2
BEST RESIDENTIAL HIGH-RISE  DEVELOPMENT
High-Rise
Mah Sing Group  Berhad
M Adora
3
BEST LUXURY LANDED  DEVELOPMENT
Landed
Rembawang  Holdings Sdn Bhd
Teringin @ Sri  Ukay
4
BEST LUXURY HIGH-RISE  DEVELOPMENT
High-Rise
IBN Corp Malaysia
IBN Bukit Bintang
5
BEST SOUTHERN LANDED  DEVELOPMENT
Landed
Tropicana Danga  Cove Sdn Bhd
Ayera Residences
6
BEST NORTHERN HIGH-RISE  DEVELOPMENT
High-Rise
Ideal Property  Group
The Amarene
7
BEST WATERFRONT HIGH-RISE  DEVELOPMENT
High-Rise
Tropicana  Corporation  Berhad
Tropicana Cenang
8
BEST AFFORDABLE HIGH-RISE  DEVELOPMENT
High-Rise
Ideal Property  Group
One Foresta
9
BEST CONNECTIVITY HIGH-RISE  DEVELOPMENT
High-Rise
Tropicana  Corporation  Berhad
Edelweiss SOFO &  Serviced  Residences,  Tropicana  Gardens
10
BEST VALUE LANDED  DEVELOPMENT
Landed
Sri Pengkalan  Binaan Sdn Bhd
Acacia Heights
11
BEST VALUE HIGH-RISE  DEVELOPMENT
High-Rise
CPI Land
Dian Residency
12
BEST LANDSCAPE HIGH-RISE  DEVELOPMENT
High-Rise
Mah Sing Group  Berhad
M Arisa

13
BEST SUSTAINABLE HIGH-RISE  DEVELOPMENT
High-Rise
Eupe Corporation  Bhd
Parc3 @ KL South
14
BEST VALUE TOWNSHIP  DEVELOPMENT
Township
Matrix Concepts  Holdings Berhad
Bandar Sri  Sendayan
15
BEST LUXURY TOWNSHIP  DEVELOPMENT
Township
Tropicana  Corporation  Berhad
Tropicana  Grandhill
16
BEST LIFESTYLE LANDED  DEVELOPMENT
Landed
Rembawang  Holdings Sdn Bhd
Teringin @ Sri  Ukay
17
BEST LIFESTYLE HIGH-RISE  DEVELOPMENT
High-Rise
OSK Property
Ryan & Miho
18
BEST INVESTMENT HIGH-RISE  DEVELOPMENT
High-Rise
NCT Group of  Companies
Grand Ion  Majestic
19
BEST MIXED DEVELOPMENT
Mixed
Glomac Berhad
Plaza @Kelana  Jaya
20
BEST COMMERCIAL  DEVELOPMENT
Commercial
Sheng Tai  International Sdn  Bhd
The Sail
21
BEST INDUSTRIAL DEVELOPMENT
Industrial
Serba Dinamik  Development Sdn  Bhd
Pengerang Eco Industrial Park
22
BEST COMPLETED LANDED  DEVELOPMENT
Landed
KLK Land
Hemingway  Residences
23
BEST COMPLETED HIGH-RISE  DEVELOPMENT
High-Rise
CPI Land
Tuan Residency
24
BEST MIXED DEVELOPMENT BY  OVERSEAS DEVELOPER
Mixed
IBN Corp Malaysia
IBN Highlands City
25
LANDED DEVELOPMENT OF THE  YEAR
Landed
Rembawang Holdings Sdn Bhd
Teringin @ Sri  Ukay
26
HIGH-RISE DEVELOPMENT OF THE  YEAR
High-Rise
Mah Sing Group  Berhad
M Adora
27
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Matrix Concepts  Holdings Berhad
NA
28
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Ideal Property  Group
NA
29
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Mah Sing Group  Berhad
NA
30
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
CPI Land
NA

31
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
OSK Property
NA
32
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Sheng Tai  International Sdn  Bhd
NA
33
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Glomac Berhad
NA
34
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Sime Darby  Property Berhad
NA
35
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Tropicana  Corporation  Berhad
NA
36
BEST DEVELOPERS – PEOPLE  CHOICE AWARD
PCA
Platinum Victory
NA
37
INGENIOUS RESORT LIVING  DEVELOPMENT
Special Award
Country View  Berhad
Aurora Resort  Villas
38
THE RISING STAR AWARD
Special Award
The HCK Group
Datuk Clifford Hii  – (Group  Managing  Director,  Corporate  Strategies and  Alliances)
39
CONSUMER GAME CHANGER  AWARD
Special Award
Mah Sing Group  Berhad
NA
40
VISIONARY DEVELOPER
Special Award
Sheng Tai  International Sdn  Bhd
NA

— End Of Press Release —

Love to be updated of investment news?
Sign up for KopiWeekly. (once per week for property, finance, investment news and more)

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Next suggested article:
iProperty.com Renters can continue to benefit from the rental market

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iProperty.com.my Reveals 10 Most Searched Areas in Malaysia By Homebuyers in 2021

KUALA LUMPUR, DECEMBER 15, 2021
 – iProperty.com.my has released a list of the top 10 most searched areas among property hunters in the country. These areas recorded the highest number of searches by visitors who browsed a “For Sale” property listing on iProperty.com.my from January to November in 2021. The search term is defined as when a property consumer searches for a property in a certain location and lands on a search result page on iProperty.com.my. The top 10 areas are ranked in ascending order and the weightage of searches are displayed in terms of percentages (%).

The general theme of 2021 had been one of improving confidence in the Malaysian property market as the country works towards transitioning to the endemic phase. Shylendra Nathan, Country Manager, Malaysia (PropertyGuru.com.my and iProperty.com.my) comments, “Now that people have developed a better feel for living with the Covid-19 pandemic, more property seekers are keen to take advantage of the low interest rates for home loans imposed by Bank Negara Malaysia. Overall, the consumer sentiment has been improving in H2 2021 and we hope it will continue to do so next year as the country’s economy steadily recovers.”

Here is a rundown of the areas that have made the year’s list:

10. CYBERJAYA

Percentage of searches: 6.67%

Cyberjaya is synonymous with the Multimedia Super Corridor. When it comes to MSC status buildings, Cyber Jaya is unrivalled
 – MSC-status buildings allow for unrestricted employment of local and foreign knowledge workers. Prima, Century Square, Enterprise Building, Quil, SME Technopreneur Centre and Emerio are among an extensive list of big, international names who have subsidiaries based in Cyberjaya
.

There is an upside to the COVID-19 pandemic and that is the adoption of technology. It is unsurprising that Cyberjaya has seen a mushrooming of start-ups in its vicinity. There has been enough property interest in Cyberjaya to push it into this list in 2021. It signifies that people are considering moving here in anticipation of job opportunities and investors are looking to leverage on a potential boom of the expatriate rental market.

9. AMPANG

Percentage of searches: 6.77%

Despite sliding three notches down this list from the year before, Ampang remains popular among property hunters. With its location adjacent to the Kuala Lumpur City Centre, Ampang is a great alternative for those looking for a vibrant night life in the city and then to retire to an abode in a quiet area.

Although generally lighter on the wallet, Ampang boasts various high-end residential developments whose price per square footage top RM720 to RM750 – about RM300 less than Kuala Lumpur City Centre. Ampang is also home to a number of established gated and guarded developments such as Laman Oakleaf, Taman Andaman Ukay and Taman Saujana.

8. KOTA DAMANSARA

Percentage of searches: 7.05%

Kota Damansara fared better in 2021 compared to the previous year with a commendable climb from 10th spot to 8th. A driving factor could be the recently completed first-of-its-kind in Malaysia e-commerce hub, EmHub. Its 669,000 square
footage
 of space has evidently reached the ears of investors who anticipate demand for housing from the emerging workforce in the area.

Home buyers and investors are keeping their eyes peeled for the many planned residential developments in Kota Damansara as well, such as The Estana and a mixed development by the Selangor State Development Corporation (PKNS).

7. KUALA LUMPUR CITY CENTRE

Percentage of searches: 7.62%

Having last appeared on the list in 2018, Kuala Lumpur City Centre garnered 7.62% of the searches on this top 10 list. This area is special as it is home to the iconic Petronas Twin Towers that are surrounded by a number of luxury serviced apartments such as The Grid, 6 Stonor, The Binjai, One Stonor, The Oval, Desa Kudalari, Binjai 8 and Le Nouvel KLCC. Rentals for these units can go up as high as RM15,000 per month.

More high-end projects have entered the market recently. These include Ascott Star KLCC and Eaton Residences. Prices per square footage of luxury residences in KL City has slightly reduced from RM1,005 – RM1,056 in 2020 to RM1,000 – RM1,040 in 2021, which could be the reason for its emergence in this list. Now that various business sectors have reopened, interest in high-end homes in strategic locations in the city is inching back up.

6. SUBANG JAYA

Percentage of searches: 9.07%

Subang Jaya was on this list in 2018 and 2019, but not in 2020. Garnering 9.07% of the total searches, this suburb has made a comeback into the hearts of homeowners and investors. Subang Jaya offers a wide variety of property types, from gated and guarded communities to high-rises and SoHo units and is serviced by iconic malls such as Sunway Pyramid, Empire Subang and Subang Parade.

The area reverberates with youthful energy with the presence of popular universities and colleges such as SEGi College, Inti International College and Monash University.

5. PUCHONG

Percentage of searches: 9.21%

Puchong’s performance on this top 10 list is rather erratic. In 2018, it occupied second place and in 2019, it came in last. Meanwhile, it did not make the cut last year.

There is an assortment of property developments in Puchong that cater to all levels of income. To quote 2020 data from brickz.my (a site that supplies transacted data sourced from the Valuation and Property Services Department of Malaysia or JPPH), a particular leasehold flat in Puchong was sold for RM40,000 while on the other end of the spectrum, a leasehold bungalow was let go for RM3.4 million.

This is just scratching the surface of what the property market looks like in this self-sufficient township and property enthusiasts would do well to dig deeper for a better understanding.

4. JOHOR BAHRU

Percentage of searches: 9.39%

Once the darling of the Malaysian property market and occupying the top spot in 2020, Johor Bahru fell to fourth in 2021. Nevertheless, Johor Bahru (JB) will always be on property hunters’ radars as it presents endless opportunities from the millions of people crossing the Johor Causeway daily for work, leisure or travel in Singapore. In 2020 following the pandemic and a closure of the border with Singapore, the JB property market suffered a slight decline. According to Q3 2021 data from the National Property Information Centre (NAPIC), Johor is still facing considerable property overhang with 16,343 units of unsold serviced apartments.

However, demand is still steady for some residential property sectors – based on iProperty.com.my’s H1 2021 Portal Demand Analytics, there is considerable interest in spacious landed property (>2,000 sq ft) in Iskandar Puteri priced up to RM1 million.

3. CHERAS

Percentage of searches: 14.56%

Cheras is a mature neighbourhood known for its many old restaurants and new shopping malls such as Sunway Velocity Mall, IKEA Cheras and MyTOWN Shopping Centre, giving its inhabitants the charm of the old and the novelty of the new. To top it off, commuting has been made so much easier with the MRT line – there are a total of 11 MRT stops within Cheras alone!

In the past two years, there have been 30 new high-rise residential buildings that have sprung up in Cheras. While the area was previously known for its many housing estates and landed property inhabited by mostly couples and families, it is now set to cater to young professionals working in the city as well.

2. SHAH ALAM

Percentage of searches: 14.64%

Runner-up Shah Alam is a borough that has undergone significant urbanisation while keeping nature intact. Developments in the area adhere to the Town and Country Planning Act 1976 (Act 172) where section 21B states that development proposals shall include measures for the protection, preservation and improvement of its physical environment and natural topography, unlike a few other locations in the Klang Valley which have been a hit and miss on this.

Shah Alam offers a wide range of residential property, from high-rise condominiums to landed property, by noteworthy developers such as Mah Sing Group Bhd, Sime Darby Bhd and Gamuda Bhd. These homes are complemented by public parks, local attractions as well as various private schools and public universities.

1. PETALING JAYA

Percentage of searches: 15.02%

Fondly called PJ by the locals, Petaling Jaya has grabbed the top spot in this year’s list. This comes as no surprise, as PJ has steadily been climbing the ranks over the years. It finished in the sixth spot in 2019 and second in 2020.

PJ is especially popular among the family types for its suburban lifestyle, with local eateries, hipster cafes, family parks, neighbourhood malls and schools. The city also has the distinct advantage of being situated right next to Kuala Lumpur – making it a favourite among young couples who work in the city too.

An upcoming development to keep an eye on is PJ’s enhanced public transportation connectivity. The LRT 3 line which is slated for completion in 2024 will provide PJ with five new LRT stations, namely One Utama (MRT 1 Sungai-Buloh Kajang Line interchange), Kayu Ara, BU11, Dataran Prima and Kelana Indah.

DISCLAIMER: The analytics captured on iProperty.com.my is based on the data available at the date of publication and may be subject to revision as and when more current data becomes available.

Readers are encouraged to seek independent advice prior to making any investment.

– – End Of Press Release —

Property News Malaysia?
Sign up for daily investment news updates (FREE since Nov 2013 and FOREVER).
 Alternatively, Follow me on
 Telegram here
.

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Next suggested article:
iProperty.com.my: Ways to Accelerate Malaysia’s Residential Property Market Recovery Through Budget 2022

Header Image by
GraphicMama-team
 from
Pixabay

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press release: iProperty.com.my is Malaysia’s No.1 property site with 56% market share

? According to SimilarWeb, iProperty.com.my is Malaysia’s No. 1 property site with the largest market share for property seeking audience
? iProperty.com.my retains a wide leadership position over its nearest competitor 1
? iProperty.com.my is the Most Preferred Property Site Brand in Malaysia according to Google Trends

KUALA LUMPUR, 22 JANUARY 2021 — iProperty.com.my, Malaysia’s No.1 property site today revealed that despite the impact of COVID-19, property seekers in Malaysia continue to actively search for their dream home, delivering more potential leads to customers of iProperty.com.my.

Shylendra Nathan, General Manager of iProperty.com.my said: “We are delighted that despite the impact of COVID-19, iProperty.com.my has continued as Malaysia’s No.1 property site, with 35% growth.

According to SimilarWeb in property seeking audience. This provides our customers with access to the largest group of online property seekers in Malaysia, as indicated by SimilarWeb. This also means iProperty.com.my is retaining market leadership by owning 56% market share in terms of property seeking audience as compared to our nearest competitor.”

“The success of us having the largest property seeking audience in Malaysia can be attributed to our ongoing focus on providing the best consumer experiences and excellent customer value, not forgetting the strong support we get from our consumers and customers. With over 470,000 property listings for people to browse on iProperty.com.my, there is something for everyone” said Shylendra Nathan.

iProperty.com.my is a household name in Malaysia. A quick search on Google Trends shows that “iProperty” is the Most Preferred Property Site Brand in Malaysia in comparison with its nearest competitor. As one of the many brands of Australia’s REA Group (an Australian Securities Exchange (ASX) listed company), the mission of iProperty.com.my is to change the way Malaysia experiences property, by offering products and services that provide exceptional value for everyone.

Property data is becoming more important in today’s digital age. We want to ensure consumers make the most informed property decision. Owned by iProperty.com.my, Brickz.my is Malaysia’s No.1 property data website. It provides a comprehensive view of subsale property price information and the latest transactions that are trusted, reliable and up-to-date.

For our consumers, we want to continue to be part of their property journey, and to help them discover new property deals through iProperty.com.my’s Great Property Deals. Each property project features at least three exclusive deals such as Homeownership Campaign (HOC) projects, Rent to Own projects, special rebates, free Memorandum of Transfer (MOT), free legal fees on Sales and Purchase Agreement(SPA) and more.

For our consumers who are new to applying for home loans, iProperty.com.my’s LoanCare, a home loan eligibility indicator helps to calculate and compare home loan options with up to 17 banks. There are also more than 5,000 articles to date for property seekers of all levels to learn about the property journey on iProperty.com.my’s News & Lifestyle section.

For our property agent customers, our goal is to provide them with tools that are best in class such as iProperty PRO, a new proptech tool that is first in market. This tool provides agents with property data insights and is designed specifically for property agents to maximize their business potential anywhere, anytime today.

For our developer customers, we will continue to work with prominent developers to launch property developments via iProperty.com.my’s i360, a virtual showroom platform that provides an immersive virtual tour for property seekers (our consumers) to view their preferred properties at their own convenience.

— end of press release —

Love to be updated of investment news?
Sign up for KopiWeekly. (once per week for property, finance, investment news and more)

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Next suggested article:
iProperty.com: Top 10 most searched areas in Malaysia

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iProperty.com.my is set to RECHARGE the Malaysia property market

iProperty.com.my is set to RECHARGE the Malaysia property market

? iProperty PRO, a new proptech tool with property data insights that is mobile and designed specifically for property agents to maximize their business potential anywhere, anytime today

? Special support and packages offered to the thousands of active iProperty.com.my property agent clients in Malaysia to help them recharge their business in today’s market

KUALA LUMPUR, 13 MAY 2020
– The changing property market conditions today is inevitable due to COVID-19. We are seeing digital and data driving the way consumers seek properties. The recent effects of COVID-19 is showing further shifts in the way property agents and property buyers, sellers and investors, interact on their property journey. iProperty.com.my is investing into the Malaysia property market with the launch of a brand new proptech tool, and special support & packages designed specifically for property agents for today’s market. This is with the objectives to forge stronger partnerships with property agents, help them recharge their businesses and the property market, and to come out of COVID-19, stronger.

iProperty PRO: Property agents can RECHARGE with a brand new proptech tool fueled by property data insights

Property is one of the biggest financial transactions a consumer will make in their lifetime and today’s market condition sees property seekers demand more information and insights from property agents. It is key for a property agent to gain consumer confidence for a transaction to happen, and that is more so now than ever. Property seekers are also moving online for their property search and research, and COVID-19 have accelerated this.

iProperty PRO is designed to equip property agents in the market with the right tools and property data insights to help them recharge and grow connections with the millions of property seekers in Malaysia whether it is buying, selling, renting or investing. We want to continue partnering with property agents to provide them with the right tools, support and packages to stand out and win.

iProperty PRO allows property agents to be flexible and adapt to the changing environment. It is also a mobile-first, fast and simple to use tool that allows property agents to connect with the largest pool of property seekers in Malaysia anytime, anywhere. Property seekers can also benefit greatly by getting trusted and professional advice, and the latest data from their property agent before they make that important decision to buy, sell, rent or invest.

#iPropertyCares: Support and packages to RECHARGE property agent businesses impacted by COVID-19

The thousands of property agents in Malaysia are burdened by the after effects of COVID-19. It is our mission to help property agents get through this with not just the right tools but also with our support, and as the market recovers, Malaysia will have talented property agents to help grow the property industry further. #iPropertyCares support was introduced when the MCO was first announced in March 2020 with a second instalment when the MCO was extended. Today we are introducing a third instalment, where iProperty.com.my is making investments to help property agents recharge their businesses across the coming months:

1.
iProperty PRO
– A brand new proptech tool driven by property data insights and designed mobile-first to allow property agents to connect with the largest pool of property seekers in Malaysia, anytime and anywhere. The flexible packages contain enhanced value to help property agents stand out and win at a time when they need it most.

2.
25% discount on iProperty PRO subscriptions
– New and renewing accounts will get 25% discount on new iProperty PRO subscriptions when signed up during May and June 2020. Applicable for selected packages only.

3.
90 days payment holiday for iProperty PRO subscriptions
– Property agents do not need to make payment until the 90
th
day, helping with their cash flow during these challenging times. It is

iProperty.com Malaysia Sdn Bhd
35.01, Level 35, The Gardens South Tower Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur D: 603 6426 5166 F: 603 6426 5167

available for new or renewals onto the new iProperty PRO subscription. The 90 days payment holiday is applicable for Visa and Mastercard debit card or credit card payments only.

4.
30 days complimentary account subscription extension
– All property agents with an active account subscription as of 6 May 2020 will receive an additional one-time only complimentary extension for 30 days, to their account.

5.
Up to 50% discount on property listings upgrades
– All property agents with an active account subscription as of 6 May 2020 can enjoy up to 50% discount on Featured and Premium 28-day property listing upgrades, during May and June 2020″

Property agents can contact their Account Manager for full details.

iProperty.com.my’s aim is to ensure all property agent clients in Malaysia are aware of our support to them.

“The #iPropertyCares third support package is designed to allow property agents to RECHARGE. We want to support the livelihood and careers of thousands of independent property agents in Malaysia who are impacted by COVID-19 to return stronger than before over the coming months. We are making an investment in the market to enable this to happen.” said Sean Liew, General Manager for Agent and Developer Sales, iProperty.com Malaysia Sdn Bhd.

“Our investment into new proptech tools and data together with the support and packages offered during COVID-19 demonstrates our commitment to the Malaysia property market. We hope this partnership with our property agent clients will leave a positive impact to the Malaysia property market and broader economy.” said Sean Liew.

Premendran Pathmanathan, General Manager for Customer Data Solutions & Quality, REA Group Asia also said: “The property market is going through a lot of changes especially with the current COVID-19. We can expect the property market to continue to evolve as it makes adjustment to adapt. With iProperty PRO proptech tool being launched, we want to ensure that property agents can get the latest cutting-edge property data and trends. iProperty PRO is embedded with the latest property market information and data insights that will help property agents navigate through any market changes. It is a tool that is truly mobile and comes with packages that are value added to help customers stand out. Combined, we believe it will help property agents to recharge their business during COVID-19.”

“With access to the largest pool of property seekers in Malaysia (iProperty.com.my) and latest innovation in design, data and technology, iProperty PRO is the perfect proptech tool and place for property agent clients to connect with the Malaysia property market.” said Prem.

Both Sean Liew, General Manager for Agent and Developer Sales and Prem, General Manager for Customer Data Solutions & Quality are available for interviews.

–end of press release —

Please LIKE
kopiandproperty.com FB page
 or
Sign Up for free
 to get daily updates about the property market. Else,
follow me on Twitter here.

written on 13 March 2019

Next suggested article:
Property.com.myreveals the top 10 most searched properties during MCO

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...


Press Release: iProperty.com.my Takes Home Bronze at the Putra Brand Awards 2021

KUALA LUMPUR, 25 JANUARY 2022
 – iProperty.com.my has won the Bronze award in the Property Development category at the Putra Brand Awards 2021 on 21 January 2022. The recognition marks the property site’s first award at the 12th annual ceremony, the premier brand valuation awards measured by Malaysian consumer preferences. Shylendra Nathan, Country Manager, Malaysia (PropertyGuru.com.my and iProperty.com.my), received the accolade on behalf of the company at the awards gala night held at the Majestic Hotel Kuala Lumpur.

“We are honoured to be recognised for our commitment towards enhancing the digital property journey of Malaysian property seekers. We want to thank the consumers for their trust in the iProperty.com.my brand and for choosing us as their preferred property portal. Earning consumer trust is of the utmost importance to us.

We have worked hard to provide them with a complete property picture to give them the edge they seek – our portfolio of offerings include sophisticated decision-making tools and features, in-depth  data and analysis, expert insights into the property market as well as detailed information on listed properties. With more consumers shifting their property journeys from offline to online, we aim to cater to this growing demand and offer the best in digital property experience.”

The foundation for iProperty.com.my’s success comes from its consumer-centric strategy and innovation of its products and services. Our vision for the future is to be SEA’s property trust platform and we will continue to reimagine ways to serve solutions and insights that make homeownership more achievable for property seekers. The company has a suite of data-driven products and services that complement every aspect of a property seeker’s journey, including LoanCare, a home loan eligibility indicator and Transacted data, the latest information for up to 10 property transaction history for each property for sale listing page.

When browsing for listed properties, property seekers can see an overview of nearby amenities, capital growth figures, and the estimated rental yield information – all which will help savvy seekers to optimise their decision-making process. Furthermore, iProperty.com.my provides valuable online resources and guides for Malaysians to familiarise themselves with property buying, selling, renting, and investing.

Over the past year, iProperty.com.my has launched several initiatives to cater to the growing digital demand by property seekers, such as the Malaysia Property Virtual Expo, a fully interactive virtual property exhibition featuring booths from prominent property developers showcasing their latest property launches. In addition, consumers were able to explore these units in an immersive virtual showroom and receive exclusive rebates and offers. Exclusive webinars featuring property experts offering diverse industry insights, latest property trends, and homeownership tips were also made available.

The company also held several other live webinars on social media, such as iProperty Data Talk, where property experts shared 2021 property market figures and showcased exciting residential and commercial properties nationwide.

In line with its goal of becoming a lifelong and trusted property partner, iProperty.com.my plans to provide a combination of breadth and depth of data and insights to help consumers optimize their property search/decision-making journey.

– END-

Property News Malaysia?
Sign up for daily investment news updates (FREE since Nov 2013 and FOREVER).
 Alternatively, Follow me on
 Telegram here
.

Please LIKE
kopiandproperty.com FB page
 to get daily updates about the property market beyond kopiandproperty.com articles. Else,
follow me on Twitter here.

Next suggested article:
iProperty.com.my Reveals 10 Most Searched Areas in Malaysia By Homebuyers in 2021

Share this:
Tweet
Telegram
WhatsApp
Like this:
Like

Loading...