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With so many foreclosure for newly completed units is quite alarming and there are probably more to come and further depress the market! It shows that those owners or rather flippers, are all not buying within their means, and were all hoping that they'll make some money in a quick resale...

A sample of the many newly completed or about to be completed condo units are now up for auction in the following projects : Imperia at Puteri Harbour Impiana at East Ledang Raffles Suite near Sutera Mall D'inspire Residence at Nusa Bestari D'Pristine at Medini Tropaz Residence at Danga Bay...

Woes for Petronas seems to go on and on, one after another. After more than 3 years of regulatory review, Petronas' proposed $27 billion liquefied natural gas plant in Canada’s Pacific Coast received conditional govt approval last year. With the continuing low oil & gas prices and lack of...

One reasonably big Korean style BBQ chicken restaurant in Bukit Indah had just closed due to poor business after opening and struggled for 3 years. With so many huge malls coming, perhaps 30 times more the same same restaurants, eateries, beauty and hair salons, massage parlors, supermarkets...

Lately, there are already many resale of few newly completed residential units and some even up for auction. Why would owners allowed their properties be seized by banks to be auctioned off? Like this, the owner will lose all their money in whatever down payment, progressive payment they had...

This just shows that the RM is so weak that with the huge CNY demand, it still remain low, unlike previous years.

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Also, so many shopping malls, all opening soon, wonder how the malls manage to fill it up with tenants. Already now, the existing malls are already not fully occupied with many pockets of shuttered units here and there while the existing regular McDonalds and KFCs, etc. are having very low...

In this internet age, still got people looking for runner to pay bills?

Dr Mahathir just said these today: 1. The High-Speed Rail project that will connect Singapore to Malaysia will be reviewed by the opposition should they win in the next general election. MY need to do a study whether it is feasible or not because MY has no money and have to borrow and that...

Last shopping weekend before CNY yet the traffic, unlike before, is it pretty smooth with reasonably light traffic like a weekday.

That's why I said unless something very serious is happening when currency in the country is out of stock. This happened recently in Greece when the country went bankrupt, the people cannot withdraw their own money from the bank and were only allowed very small amount limited to once a day while...

RM should never ever be out of stock in MY and if really out of stock, then something very serious is happening! In fact, the MC in JB are so glad to sell off as much RM as possible! Obviously if there is any RM "out-of-stock" situation, it should be outside MY la, like those MC in SG for example.

Actually right now, Dr M and the Johor Sultan had just cross sword on this Iskandar / Chinese development. Note the guy being interviewed @19.08 Lim Kang Ho, MD Iskandar Waterfront Holdings was also responsible for the failed JB Waterfront Lot 1 Shopping Mall, a mojor eyesore right in the city...

But with hundred of thousands balik kampong same time and the sudden surge in RM demand will cause still the RM to rise and even "out of stock" in some MC in Singapore. People never learn from history.

Fear not. All the major Chinese development like Forest City, Princess Cove, Greenland, etc. were actually aiming at the Mainlanders. According to the interview with the Greenland GM in attached video, about 90% of the buyers were Mainlanders. A customer when asked why he bought a property in...

Whatever charges is paid by the people, the govt just have to collect, why they bother especially when the govt is alreay going broke giving out borrowed money to the people to win votes. They don't understand ultimately who suffers. Malaysian Foreign Reserves 2016 Oct - US$98.1 billions 2016...

Whatever the rate is today, by next week when all the Malaysian Chinese return Kampong for CNY and change for RM en masse, creating a false demand and cause the RM to appreciate. Every year same old story.

Deputy finance minister: Ringgit will be 4.1 to dollar by Sept If you believe what this minister said last week, start hoarding the RM. However, if you think he is talking rubbish, start getting rid of your RM. Today, the exchange rate is US$1 : RM4.485...

Not si buay weak la, SG gave them time to reconsider and make a U-turn but after realizing that they can collect millions every month they decide to continue with the road charge so SG has to reciprocate accordingly to the bilateral agreement. This is known as "pang chance" for them to realize...