Author: Charles Tan
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My best friend and relatives will not cheat me lah. Agree with this statement?
Read the title again. Interesting thought, right? By the way, I trust a few of my close friends a lot. I know that when I am in trouble, they will help. At least that’s what I believe. Relatives? Well, depends on how close they are to me but I think if help needed, it’s going…
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Banks are really still lending. Need some proofs?
Yes, there are differences between banks rejecting loan applications because they do not quality versus refusing to lend because they feel their own non-performing-loans (NPLs) are becoming too high. The former remains true. The latter is definitely untrue because our NPL is still very low even by international standards. Image below for reference from ceicdata.com…
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Asia Halal Brand Awards 2019: The Benchmark for Ultimate Branding in the Halal Industry.
I was honoured to have been invited to the prestigious Asia Halal Brand Awards 2019 (AHBA) in Shangri-la Hotel, Kuala Lumpur. I could see it was a night to remember for the winners of AHBA 2019. The award winners were represented by their top managements and this showed the importance of the award to them…
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What’s your MUST-HAVE item? Is it the same as FEEL-GOOD item? Oops.
What’s a must-have item in your opinion. Could we distinguish between must-have and feel-good items? Wow… you bought that latest smartphone model? (You know the brand…) I heard so many people were queuing for it since yesterday night! You are so lucky to be one of the first few to get it. You feel so…
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Spending down. GDP growth slows. 2020.
One major reason why it’s important to have a positive sentiment is because people are willing to spend more of their money. Not too much but continuous moderate spending. When situation’s becoming negative, they tend to save their money instead of spending it. This is when the economy weakens and the GDP growth slows. In…
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Auction properties. Opportunities abound but lots of competition from primary and secondary market too.
My views were featured on the main page of The Malaysian Reserve last week. “Auctioning homes getting tougher in a tepid market.” Briefly, it tells of how people could find good opportunities in the auction market because the demand for auction properties have also weakened. However, at the same time, the competition for buyers from…
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80% of housing loans were rejected as of June 2019. These are the reasons.
Press Release: Lack of Awareness Among Many Reasons That Leads To Home Loan Rejection KUALA LUMPUR, 6th December 2019 – 80% of housing loan rejection as of June 2019 was because houses were priced more than three times of the applicant’s annual income ratio according to an official of Bank Negara Malaysia. This was due…
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VISION 20/20: PROPERTYGURU MARKET OUTLOOK
Press Release: VISION 20/20: PROPERTYGURU MARKET OUTLOOK PropertyGuru anticipates glimmers of opportunity in 2020 amid a trying market Silver linings include proliferation of alternative financing solutions and home ownership initiatives, as well as growth prospects in selected markets More industry players to leverage on proptech and fintech as differentiators in an increasingly heated market 5…
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First time buyer? Deciding on own stay or home-stay?
I do not want you to get rich FAST from property investment. Heard of the higher returns equal to higher risks line? As a licensed auctioneer looking at the auction market, I realise that there has been many cases where a few properties within the same development belonging to the same buyer which was being…
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Growing, good. Slowing, bad. Which is which for office rental?
If I tell you that the property prices for the past 27 years had been rising by 6.4% per year BUT it is now rising by just 1.3% in the latest quarter, would you say that the number is bad or good? Bearing in mind that the current market condition is at best, slow. At…