Author: Charles Tan
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NPLs as at October 2019? Erm… second highest since 2011. Start worrying for 2020?
I was just having a conversation with a founder of a startup the other day and we talked about property auctions. I told him that sometimes, when the auction has happened a few times and the price has gone very low, the banks themselves may step in and purchase the property instead. Else, someone may…
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The MOST searched areas in Malaysia. Did you search for the same ones?
When I looked through the list, I realised that I have also searched similar areas too. In fact one area may just be where I may want to move to in a few years’ time. It’s CLOSER to my hometown Ipoh. Hint… It’s always a good idea to understand what others are searching so that…
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Just 3 workers and 14 days to build a 6,088 sq ft building. Serious!
How many workers do we need to build a home for a family? Say a 20 x 70 terrace house? Well, what about a building of 6,088 square feet? What about cranes and other construction machines? Probably, the better question to ask before we get a good answer is how long would the given duration…
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Low profit margin and assets valued at multiple billions?
Sometimes, we look at the the price of a certain product during a sale and we know that it’s IMPOSSIBLE that the product could be priced so low. Surely the seller needs profit? Well, it may be sold at a loss and this is actually a real marketing strategy adopted by many, especially when competition…
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HAVOC Hartanah the 10th is here. See you!
This is an event not to be missed. Property Investment is not a small decision. It’s usually the biggest decision in our lives involving hundreds of thousands of ringgit. Buying the right one and we will be on the road towards success. Buying the wrong one means we are stuck with it for a very…
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Tax me lower please. I am the one living here.
This is still a hot topic in Penang; Quit Rent. Earlier article here: 15 years no increase. Now it increases in Penang Anyway, money as a topic, especially if one has to part with theirs will always be a sticky point. Giving to charity is usually seen as different from paying taxes. Recently, Penang Chief…
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Critical allowances no longer considered critical. Reasons why?
Long time ago, when factories started operating in Penang’s Bayan Lepas Industrial Zones, they do their hiring all over Malaysia. In order to persuade many of these Malaysians from smaller towns to join them, they provide extra benefits such as allowances and even free accommodation. Else, the hiring will never happen because there are so…
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Do we want a high or a low inflation? (I wish for more time…)
Inflation is a very common word. Inflation caused prices to go up, thus purchasing power is reduced. By the way, inflation is also one of the reasons why we receive increments of a few percent per year. If prices of goods remain exactly the same; without any inflation at all, there is really no need…