Just last Sunday I received a visit from the Group CEO of a giant GLC at my retreat in Janda Baik. He has heard so much about the relatively cooler clime of this upland Malay Reserved undulating plateau that made him decide to see the area for himself. I am sure he was impressed by what he saw and experienced.
That very same week, I am told that a well known Malay singer was also going around the area asking for available parcels for sale. Without an established agency in this locality, I am sure such interested parties would have to make several scouting trips before they can stumble on one of their choice.
As a weekend resident, I have often been approached by several local residents to help them sell their lots to my friends. I have oblighed in the past purely to help but when there are complications in the deal such as delays in settling payment by the purchaser, my good deed became a burden.
In most developed countries that I have been to, I noticed that even in small towns there existed realty establishments that cater for transactional needs of their society. Real estate agency business are not well developed in this country. Even in big cities we seldom find establishments which display what real estates are available. Small newspaper advertisements are the order of the day now. Even then pictures of the properties are seldom displayed.
To facilitate the transaction of real estate assets in this country, especially in rural areas, I think it is highly desirable that government or the real estate agents fraternity put on their thinking caps to put into place the necessary infrastructure. Consider training the thousands of unemployed graduates to fill this urgent need.
MSAbdullah.
Tuesday, 17 July 2007
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