Property Malaysia

You would usually only associate steel containers as temporary offices for construction sites and or storing materials at the ports, but they can also be designed into elegant homes and offices, with some imagination.

Weburbanist has an excellent article with more pictures. Check it out.

But probably in Malaysia, living in a steel box wouldn’t be so practical due to the heat, unless you want to have the airconditioning running all the time…

Thanks to all the readers and friends that participated in the recent poll which asked the question: ‘Will You Be Buying A Residential Property in 2008?’. The poll has been closed after a week and the results are as follows:

As can be seen, about half of the respondents (49%) voted outright ‘no’, probably due to a variety of reasons. Altogether 3 out of every four respondents (75%) voted on the negative side.

In the past 3 months or so, we’ve seen a sharp drop in the number of new launches in the Klang Valley, especially major condo projects and large development projects. Most of the ones being advertised in the papers these few weeks are basically new phases or re-launches of existing projects. A lot of people are wary of the economic situation for the remainder of the year, especially in the light of the subprime crisis in the US and the spiralling price of oil.

Even locally, the building sector is facing hard times with the rising price of materials such as diesel, premix, steel and cement, just to name a few.

Some of our friends that are trying to rent out their KLCC condos are facing stiff competition as more and more condos are being handed over to purchasers and entering the market.

All in all, we hope the property market will hold out against the tough times.

Let’s do another poll, this one on something i’m quite curious about.

The poll will run for a week, ending next Wednesday, following which we will publish and discuss the results. I will also explain a little bit on why i’m asking this question. As usual, please vote once only, and we REALLY appreciate if you can ask all your friends to come here and vote, we hope to get as many respondents and possible. Our polls seem to get more and more popular!

Thanks in advance for your participation!

We were there for a good friend’s housewarming, couldn’t resist taking some photos of this rather new development. Nusarhu is located in a new area of Shah Alam, beyond Bukit Jelutong. It’s in the same vicinity as a clutch a few other developments, namely, Cahaya SPK, Kayangan Heights, Sunway Kayangan, Perdana Heights.

It’s not as far as most people think, but it’s a bit complicated to get there, and it is a relative new area with not much facilities at the moment. As an incentive, property prices are very cheap to entice the crowd, something Puchong was about 10 years ago. We can foresee massive growth in the same time span.

Enjoy the pics.

It’s nothing more than a running number, but the blog Property Malaysia quietly surpassed the 1,000,000th pageview sometime last week.

If you’ve never noticed the page counter, it’s quite small and located at the bottom left of this page. We got a screencapture of the counter, but not at the exact number…

Actually we would have reach there a lot faster if not for the counter going down for about a month earlier, but what the heck.

We’d like to thank all our loyal readers for making this site their daily (or weekly) visit.

No seriously, this is really a house. In Malaysia, this would be called “blocking the side lane”. Taken from the Torontoist:

This house, located near the intersection of Dufferin Street and Rogers Road is believed to be Toronto’s smallest house. Occupying what used to be a driveway, it’s a one-bedroom, one-bathroom house that sits on a parcel of land 7.25 feet (2.2 metres) wide and 113.67 feet (34.6 metres) long and has an interior area of just under 300 square feet (under 28 square metres). The asking price is $179,900.!!!!

Michael Dell of Dell Computers - 33,000sq.ft. castle in Austin, Texas, 20-acre compund.

Oracle Chief Executive Larry Ellison has $100 million home, a 23-acre, 10-building Japanese-inspired imperial villa in Woodside, California. Also has $200 million snapping up a dozen commercial and residential properties in the ritzy beachside enclave of Malibu, Calif.

Bill Gates? 66,000sq.ft. in Medina, Washington.

George Lucas.

Sean Penn.

Donald Trump.

You can see their billion-dollar homes here.

When you think pre-fab homes, you think of low cost homes built on the fly to save cost and time. But this one defies convention.

In Tomoyuki Sakaguchi’s night photos of suburban Tokyo, familiar landscapes of densely arranged middle-class prefab homes, tightly parked cars, small gardens and anonymous street corners are somehow rendered strangely unfamiliar under the artificial glow of street lights.

Click here to see the interesting photos.

If you think your apartment is getting too small, and need more space, here’s a ingenious way to add an additional room.

Its actually a sculpture project and it looks really awesome.

Taken from here.

£100million penthouse.

Hyde Park, London.

£6,000 per square foot.

Private wine-tasting facility.

One awesome view.

Read it here.