Author: Charles Tan
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Lower threshold does not mean more will suddenly buy.
In my recent talk in Singapore (November 2019), a number of them were asking about the new RM600,000 threshold for foreigners to buy a property in Malaysia. I reminded them that it is NOT for any unsold property. It is only for overhang properties. That’s unsold properties after key handover for 9 months or more.…
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1 Million affordable homes. I like. Just note that quality is important too.
By the way, I have little doubts that when we work very hard towards achieving a goal, we will usually be able to achieve it. Or at least pretty near to it. Shoot for the stars, if you do not hit it, at least you hit the clouds. Good enough. Malaysia has a problem every…
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You pay now… or we will seize your assets!
Actually, I have written about this a few times but I think it’s worth giving everyone another ‘scare.’ I meant well. We do not want those people who continue to think that there would be no enforcement anyway. This is Malaysia? Wrong. It has been happening and it will now continue to happen. Failure to…
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If you earn MORE because of currency, then you better INVEST.
When we have the opportunity or rather we found a way to work overseas and we earn in a currency which is 3 times higher, what do we do with the salary over there? Well, let me tell you a real story. My brother works in a multi-national factory and he eats in the cafetaria…
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Important. Stay INVESTED, regardless of economic situation.
Nope, the advice in the title did not come from me even if I agree wholeheartedly. Before we read the person comment in full, let’s assume the economy is now doing extremely well and we have many investments which is now in positive territory. So, do we sell everything to take all the profits and…
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China and India? More will visit Malaysia in 2020. They need accommodation yeah…
I personally agree with the visa-free idea for 2020 for China and India (alphabetical order…). The two most populous nations in the world. Counting just slightly over 1% of their (China and India) population is already equal to the total population in Malaysia. Lets be pragmatic yeah. Even better, both are firmly ASIAN too. Both…
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You love stocks? You hate stocks? Read and know, regardless buy or no buy.
It seems that the foreign investors are looking at the BURSA again. Here’s one latest news about them: Foreign investors acquired RM69.9 million of stocks So, do we buy into the stock markets then since everyone seems to be? Actually, not many people buy shares of companies these days. They say they did not know.…
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Multiple applications to maximise future money? Lots of money!
Remember those days when credit cards were easy to apply for but after spending the future money, it’s suddenly very hard to escape? You see. RM5,000 in income meant that you could get a credit card with a limit of say RM10,000. Imagine getting just 6 banks to approve your credit cards at the same…
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Digital Banks. Financial access and solutions. Stability of financial system.
P2P lenders. China. If we are to google for these two words, we will find many articles on the horrible things which had happened. Perhaps the monitoring from the central bank could have been better to prevent the general public from simply borrowing ever more money because the requirements are lower than traditional banks. Many…
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Another new attraction in Penang. Eastern Seafront Development (ESD).
I was based in Penang for 15 years after my graduation. The last office I was based before I moved to KL was in Penang Road and there are many historical buildings nearby including the Eastern and Oriental Hotel of Penang which was just opposite my office. Georgetown is a UNESCO Heritage City and thus,…
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Improving property market? Unwanted properties still unwanted? Asking prices trend?
Earlier article showing that transactions wise, we may have turned the corner for the second year in 2019. Property transactions are still going up However, not many I spoke to actually has read about this positive development apart from the usual prices too high, market very slow and economy already in trouble. Haha. About the…