Author: Charles Tan
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Do not be too hung up about the overhang.
Unsold properties in Malaysia? I think everyone we ask will tell us about the seriousness of unsold units. Then, some will say that they intend to wait for price to drop before buying since the market outlook is negative. Upon asking about the level of price drop which will compel them to buy and many…
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Good news Melaka. More tourists spending in the future, coming in from the sea.
No idea how many times have I said this but I love Melaka. Earlier article why I think so: 8 reasons why buying a property in Melaka is not for you Last year, I was in Melaka 5 times. Beyond just the attractions oreven the UNESCO Heritagecity status, one thing which stands out is that…
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Online shopping will NOT kill malls. Better malls will kill uncompetitive malls.
I disagree that more malls meant all malls will suffer. Sorry yeah, demand and supply does not work fairly. 10 malls and 10 million visitors meant every mall will get 1 million visitors on average. 20 malls does not mean all the malls will now get 500,000 visitors. In fact, the better malls will slowly…
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OPR is for the economy. It’s not for property, ok?
A good friend who’s a property investor said that with the Overnight Policy Rate (OPR) rate down, this will spur the property market. This was the earlier article: Lower mortgage rates, lower FD rates loh. While I cannot say I totally disagree with her statement but I have to say that the OPR adjustment downwards…
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PropertyGuru: BNM’s OPR Cut a Boon for Property
Press Release: PropertyGuru: BNM’s OPR Cut a Boon for Property Revision of OPR to 2.75% serves as stimulus for property market amid moderate economic prospects Uptake and awareness of affordable housing among Malaysian home seekers still low Financial literacy initiatives needed to support available financial assistance schemes 23 January 2020, Kuala Lumpur – Bank Negara…
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Chinese New Year videos. 10 entertaining ones here. Happy viewing and sharing!
In no particular order. I have watched them and I like them. Different messages but all are positive ones yeah. #1 – Celcom – A Time for All. #2 – Maxis – The Most Unforgettable Chinese New Year. #3 – TNB – #realitynotvirtual #4- AirAsia – The Boy and The Lion #5 – RHB –…
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Yeah! Lower mortgage rates. Oops… Lower FD rates too… What happened?
It’s just been announced. Here’s the Bank Negara Malaysia (BNM) website for the full announcement. Briefly, these are what BNM is saying with this reduction in Overnight Policy Rate (OPR). Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) to 2.75 percent. The ceiling and floor rates of…
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Mergers usually will mean duplication of roles. It’s more important to…
Throughout the world, most of the time when a merger happens between two companies, there are bound to be duplication of roles. There cannot be two head of departments for the same department. One would have to be the deputy head moving forward or one of the two may choose to leave instead. Every company…
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HOC is over? No extension thus far. Discounts of up to 20% to continue.
There has been no announcement of an extension for Home Ownership Campaign (HOC) thus far. Perhaps this is because of the success thus far. It has hit its target and has helped to clear quite a number of unsold units from the market including those built under PR1MA programme. The HOC’s results article here: HOC…
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Catalysts for Malaysia property market. Lots more on the way. Cheers.
Stop looking at an area as a popular or not a popular one. This is especially when it comes to Greater Kuala Lumpur. The growth in population is driving the demand for properties further away and well, KLCC is already out of reach for many. It is better to look at what’s the potential and…
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2020’s gloomy outlook for global economic growth. Really so bad?
Remember yeah, predictions are just predictions even if it uses a lot of real numbers based on historical and the current momentum for example. Sentiment could change anytime during the year from negative to positive or from positive to negative. Very real example? World Trade ‘war’ between the two largest economies could continue suddenly even…