Show me an example Shelter Over The Head: Property development - sharing of thoughts (2)
Apa kesan pembukaan SKVE seksyen 2 pada prospek pembangunan Kuala Langat?

Monday 3 October 2011

Property development - sharing of thoughts (2)




Writing down what I concur for my record and also just to share - what it takes to succeed in property development?


1. Good land bank for consistent and uninterrupted project development.

2. Vision and entrepreneurship.

3. Specialization that will lead to market research for innovation and product differentiation.

4. Leadership that can develop a strong specialized management team that are result and goal driven.

5. An organization with working environment that has the speed to decide and execute.

6. An organization that's slim, lean and mean. That's the way to go.

7. Number got powers! But that cannot be be accepted in totality. If there is no specialization, no vision, no entrepreneurship, size can be a great burden. In the globalized world, businesses need to be slim, lean and mean and also FAST.



How to have that kind of environment that sustains and nurtures entrepreneurship in property development?


1. No creation of monopoly of any sort.

2. Government should not condone any sort of monopoly in the industry. The government should not even be perceived so! 

3. Competition should be encouraged. Competition is the key to success to any market. They say competition will bring out the best of an enterprise.

4. Government should facilitate and make things easy for businessman and entrepreneur to do business. But the government should stay out of business. Business and politics are bad mix. The world has seen this - red tape and government hand in the business are VERY BAD for business.

5. The route of property development should not be hindered by logs in the highway where the driver of the vehicle is on the wheel, if there is already highway in existence!




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