Author: Charles Tan
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RM2.6 billion investment into Penang. (one of the partners is IKEA…)
Reported in many articles. This is one of them: FreeMalaysiaToday.com: Aspen-Ikea JV invests RM2.6 bil on metropolis in mainland Penang Aspen Vision City Sdn Bhd, a joint venture (JV) company between Aspen Group Holdings Ltd and Ikea Southeast Asia, has invested more than RM2.6 billion in its 99.15ha master-planned metropolis in mainland Penang. Aspen Group…
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Leeway please, banks. Priority to the B40 for a home.
We should help all Malaysians needing a home to have a home. It may not be forcing them to buy immediately but perhaps the government could build homes and set them on the path of rent to own instead. Unsold units? Rent them out instead? Of course it could also be via providing them with…
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Parkson Suria KLCC ‘moving out sale’ is in progress.
After SPM, my first ‘part-time’ job was in Parkson in Ipoh Parade. Ms. S was my floor supervisor and Mr. L was my floor executive. Both were nice people and I enjoyed the three months that I was there until I started my Form 6. Ms. S even asked me to work part-time after I…
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Watch March 2019 for stimulus and incentives
Governments play an important role in any property market because they act as an influencer. When the market gets too hot, cooling measures will be introduced so that the market will not burst. When market is lacklustre, the government needs to introduce stimulus and incentives to make it vibrant again. Malaysia has announced the stamp…
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Right product and Right pricing, always true. (whether crisis or none)
Every time someone asked me if the market is still okay to buy, I tell them that it should be the product and the price and not the market. In a rising market, one may be lucky because rising tide lifts all boats. However, markets do not rise forever and when the tide recedes, we…
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10 nice CNY videos for enjoyment
These days, videos are the rage everywhere. Instead of reading long articles, it’s far more interesting to just view, listen and learn. Chinese New Year videos among property developers are becoming a norm too. Here are 10 of those I like, need not be from property developers yeah. (In no particular order) Some are FUNNY,…
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Unsold units? Rent them out perhaps?
I am a believer of renting first and buy later if one does not have enough ‘financial power’ yet. Well, perhaps not at the current property prices vs median household income anyway. I agree prices have ran too fast but I also disagree that developers are fully at fault for property prices. Seriously, it’s a…
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Super busy January 2019; 10 talks. 🙂
The first time I spoke about property to the public was over 7 years ago, in Johor Bahru. There was a property show and the organiser invited me to share my thoughts and I agreed. It was a little terrifying then. Haha. Fortunately, I am a Toastmaster, so I have gotten enough practise facing my…
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Great question for property investment: Best Time, Worst Time and Some Time.
This article was written for propsocial.my and was published 2 months ago. When is the best time to buy a property? I am sure everyone has his/her personal answers based on their experience. Look for Opportunities For people who have not bought a property, the best time may yet to come—hopefully, it will be one day soon.…
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Overhang units? We have none says CEO Datuk Chang.
Certainly a refreshing revelation. Budget 2019 was focused on reduction of overhang units. We even have the Home Ownership Campaign (HOC) 2019 as per earlier article here. All these point to the seriousness of overhang units and why reducing them as soon as possible will bring about positive sentiments. Then, I read this in an…