Search anything inside...

KK Properties Bubble

1borneo, 1Sulaman, Aeropod, chicagoland, foreclosures, properties, real estate, tanjung aru

If you look around Kota Kinabalu lately, there seems to be loads of construction going on… hotels and residences. And that don’t include those completed recently. Right now, there are more than 105 hotels, hotel residents, resorts and resort condos in KK alone.

The 105 are not including budget hotels which don’t have hotel star ratings. Boutique Hotels are everywhere too… it seems that boutique hotels are gaining popularity in KK the last couple of years. When I see all these hotels popping up everywhere, I’m wondering if they have enough guests to survive the stiff competition among them. But looking at the on-going mega hotel constructions, the demand must be more than the supply at the moment… which is good for our economy.

Constructions for residence such as condominiums and housing estates are quite a number too. 1Sulaman which they called self-contained neighborhood which has more than 2000 of condominium units is one example which is going to be completed soon.

Another example is the Aeropod Tanjung Aru which was launched recently. Construction have not started, but this one is going to be mega too… and it is right next to the Kota Kinabalu International Airport. Aeropod will span approximately 60 acres with mixtures of retail, offices, F&B, serviced apartment, SOHO, Corporate Office, boutique hotel and 5-star hotel… and I like this. Probably this is where I should buy an apartment.

But with world economy condition which is not favorable at the moment, will there be properties bubble burst soon?… will there be foreclosures effects… like foreclosures chicagoland? If burst going to happen, then it is not the right time to buy properties… but if economy going to turn great, then collecting properties is the way… real estate business will be good… 😀

No Comments »

Oracle boss bought an island

Larry Ellison, oak island, oracle, real estate

Surviving with small monthly salary will not make us millionaire… so probably it will only allow us to have small house. Houses like in real estate oak island nc are wonderful… which has 65 public beach surrounding it. The sandy beaches, as well as fishing docks and piers, and boat ramps makes it the perfect location for fishing, boating, kayaking and other water activities.

But all these did not attract Oracle boss Larry Ellison. The billionaire, co-founder and chief executive officer of the tech giant Oracle, recently purchased 98 percent of the 141 square mile (365 square kilometer) island of Lana’i in Hawaii. Owning 98% of the island can easily make him the king of the island… but as a businessman, that is not his plan… he want to bring more investment to the island. How nice if someone can do the same in Pulau Gaya… :p

No Comments »

They migrated, did they see this coming?

home, life, migrating, real estate

My colleagues, husband and wife, are both holding senior posts. One day, that’s more than 5 years ago I think, they announced that they are going to resign and migrate somewhere else.

Both of them are earning almost $10K a month each and during that time the economy are considered very well. They have big house and I’m sure they own more than one houses.

I asked them, what’s’ the problem? The husband said, it’s for their kids. I asked, what’s wrong with our school? They said nothing wrong. Then I asked again, what is the big problem then? . . . Continue Reading »


If you are going to Bucknell University at Lewisburg…

real estate

If you are going to Bucknell University at Lewisburg, Pennsylvania this year and if you are not planning to stay at the hostel, you can try renting any of the houses or apartments around Lewisburg.

If you are not sure where to start, try Lewisburg Luxury Rentals. Lewisburg Luxury Rentals manage high quality home and apartment for rentals anyway around Bucknell University and downtown Lewisburg areas.

They promise their real estates are of the highest quality. All their rental apartments and homes are with Chef’s Kitchen, Beautiful Wood Floors, Kohler Fixtures, Radiant-heated Bathroom Floors, Central Heating and Cooling, In-unit Laundry Facilities, and Energy-saving Design.

And if you do rent any of the apartment or house at Lewisburg, don’t forget to invite me for dinner or barbeque because if not because of me, I don’t think you will get your home that easy.

No Comments »

© 2007-2011 Swordie Bloggie