EDITOR’S NOTE
EDITORIAL
We would like to wish our great nation Selamat Hari Merdeka KK Chua, Editor
E
verywhere we turn, we hear people complaining about the sluggish economy and lagging property market. But here at Property Insight, we’ve moved into high gear with a number of exciting events and launches coming up. We’re not going to spoil the surprise. So stay tuned. On our cover this month is Acoustech Bhd’s Chairman Leong Ngai Seng and its Executive Director Richard Ong. Acoustech’s property arm Teras Eco Sdn Bhd is kicking off the ‘commdustrial’ trend with its flagship project Senibong 88, which will capitalise on the growth potential of Iskandar Malaysia. The ‘commdustrial’ is a convergence of commercial and industrial real estate in one space, thus creating an avenue for entrepreneurs to be both innovative and creative. If your idea of saving up for the down payment of a property is putting some money aside every month, then we applaud you for taking the first, and very important step. What if we told you that there are alternative (and maybe even quicker) ways to achieve your objective? If you haven’t been in the workforce for long, it can take a long time to save up enough. Writer Fara takes a closer look at some enterprising and creative ways to build your stash, which can, hopefully, help you achieve your dream of having enough seed money that much sooner.
Vincent Chew, the group managing director of Pensonic Holdings Bhd, comes from the second generation of a family run business. He talks about the multiple hats he has worn and the numerous teething pains he’s gone through in order to set up the company’s headquarters in Petaling Jaya. For him, the most important value is to be trustworthy. Writer Natasha discovered a rising demand for co-working spaces. If you’re thinking of bean bags and a flexible working environment, then you’re actually not too far off. It’s an ideal setup for new start-ups, technopreneurs and solo workers as they can rent the space based on a daily, weekly or monthly basis. For landlords, it can also be a good way to generate rental yield. Natasha also met up with Chris Tan, who quit his high paying job as an electronics engineer to start his own renovation and ID company as well as invest in property in his late 20s. Although his current investment portfolio is impressive to say the least, like many, he wished that he had started sooner. They say the right lighting can do the trick. In the case of homes and even offices, good lighting can help owners rent out their property for higher prices. According to Superbright, the brainchild of E.S.H Sdn Bhd, it isn’t about spending a lot of money on good lighting, it’s about knowing what to invest in. That’s so true in more ways than one.
Editor-In-Chief KK Chua kkchua@propertyinsight.com.my Assistant Editor Kamini Raja Writers Fara Petial Avinash Sagran Natasha Gideon CREATIVE Creative Director Sarah Tan sarah@propertyinsight.com.my Designer Irman Hakim BUSINESS DEVELOPMENT General Manager Janet Loh +6012 205 0911 janet@propertyinsight.com.my Andy Fam +6012 601 9938 andy.fam@propertyinsight.com Hagenz Choo +6012 371 8831 choo@propertyinsight.com.my Iris Gan +6012 799 6685 iris@propertyinsight.com.my Wei Yeen, Chong +6012 927 2863 weiyeen@propertyinsight.com.my
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