Author: Charles Tan

in Condos and High-Rise, Kuala Lumpur / Selangor Props

The highest level for a high-rise which I have bought thus far is 21st floor. Lowest? Level 1. The rest are in-betweens but except for that 21st floor, all the rest are below 10. What have I learnt from buying all these low floors over the years? It does NOT have to be high floors.…

I wonder how, I wonder why. 600,000 people needed a NEW car in 2019.

Dec 20, 2019

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in Personal Finance

People say that people need a car even here in Greater Kuala Lumpur because our current public transportation is just not comprehensive enough. Well, I could only think of a few higher end areas where there’s no MRT / LRT stations within a few minutes of walking or driving. As for the locations where most…

It does NOT have to be 400km per hour. Ok… Will it be earlier then?

Dec 19, 2019

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in MRT LRT ECRL HSR etc

High Speed Rail (HSR) is needed. It is a catalytic project benefiting not just Kuala Lumpur and Singapore but also all the stops along the way. Someone may plan a business meeting in Singapore in the afternoon and he could still have a good nasi lemak breakfast with his family before boarding the train at…

Bandar Malaysia may cause even higher oversupply?

Dec 19, 2019

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I do not subscribe to the notion of unsold homes equal to oversupply of homes. The reason is very simple. More than half of all my younger friends do not own a home yet. When asked if they would like to own a home, the answer is a firm, YES. When asked where is the…

Property prices to go up SIGNIFICANTLY in 2021?

Dec 18, 2019

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Honestly, I do NOT believe the property bubble crash predictions. I prefer to look at the potential signs by myself instead. Even if I may not be right all the time, I also do not look too highly at predictions by property people or even academicians. The signs? Read here: Understanding 3 property bubble signs…

GDV of RM140 billion within Kuala Lumpur is a go-ahead, officially. Details?

Dec 17, 2019

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It’s a go-ahead and it’s positive. Official signing ceremony viewed by our Prime Minister Dr Mahathir Mohamad. Also present were Economic Affairs Minister Mohamed Azmin Ali, Finance Minister Lim Guan Eng and Transport Minister Loke Siew Fook. The consortium will include a major Chinese company and the GDV is estimated to be RM140 billion! Land…

Kg Baru, 6 months for KBDC and Land Acquisition Act 1960

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This has been in the news for quite some time. A 121 ha (13 million sq ft) plot of land in the middle of Kuala Lumpur and the government’s plan to redevelop it. Some would want to cash in their ownership of the plots of land and some are waiting for higher offer than what…

Stronger interest with Malaysia property market in 2020. Focus on benefits, not cost.

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In the corporate world of different products and services, the formula for VALUE is as follows: Value = Benefits – Cost. In other words, Value is how much we are willing to pay versus the benefits we think we will get. This is why we must not be pitching any products or services based on…

Press Release: The Sail Melaka sets course towards international excellence

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in Melaka Property

Press Release – THE SAIL MELAKA SETS COURSE TOWARDS INTERNATIONAL EXCELLENCE The iconic RM6.5 billion project specially developed to be historic city’s Central Business District and Global Icon MELAKA, 16 DECEMBER 2019 – Sheng Tai International Sdn. Bhd. (Sheng Tai International), an award-winning home-grown developer and a specialist in property tourism, recently carried-out a momentous…

15th city in Malaysia about to be declared. Where is it?

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I hail from Ipoh, the city which tin mine built. A city I am proud to call home and a city I will definitely stay most of the time after I retire. It’s the third largest city in Malaysia based on population size. There are 14 cities in Malaysia today. How does a town get…

Property prices. Rising too fast is bad for banks. (and owners too…unless)

Dec 15, 2019

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