Author: Charles Tan
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Let’s keep the borrowers at the prime level, yeah.
A prominent property speaker, Agnes Wong spoke after me in Ipoh last week. I was the first speaker and she was the last. (Usually the junior speakers start first and the organiser will save the best for last) She shared many important points of which I want to highlight one very important point to all…
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MM2H applicants and the property market of Malaysia
Personally, I like MM2H as a programme which features Malaysia as a second home for foreigners. I love Malaysia and I think foreigners would too. We are a friendly nation and more cultural exchanges are good too. Earlier article here: Best place to retire vs best place for retirement These foreigners would then be spending…
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Malaysian properties getting too expensive?
Every time someone tells me that property prices are spiralling out of control, I would just smile. It’s hard to debate with someone who has a totally different idea about property prices and affordability. Reminder. Property prices can only keep increasing when people could afford it. Here’s one earlier article. Key driver for property demand…
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Uncertainty is never good for the market (any country…)
Brexit is a decision by Britain to leave European Union (EU). The main reason was related to immigration matters. I personally think this is not the right decision but the majority have decided. Britain’s current Prime Minister Theresa May is having huge obstacles to carry out what has been negotiated with the EU and the…
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Banks will loan, they just want to manage their risks
I think there has been some misconception about the banks in Malaysia. Most young people I asked would tell me that there’s no way they could get their loans approved. It seems like the bank is unwilling to lend. Their reasoning, ‘The rejection of home loans are so high!’ By the way, the banks are…
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Easier home ownership – Sunway Property’s Super 5 Easy Home Ownership Scheme
Press Release: SUNWAY PROPERTY LAUNCHES SUPER 5 EASY HOME OWNERSHIP SCHEME Commentary: These days, developers are going all the way to help buyers buy a home. Sunway Property has their Super 5 Easy Home Ownership scheme which looks simple enough. Buyer needs just to pay RM5,000 to book a unit. As for the remaining downpayment…
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Increasing sales for Eco World. To hit RM6 billion for 2019. How?
I think this article explains what I have been explaining to all my friends. The market sentiment is bad, everyone knows. However, when the right product at the right location and the right price comes alone, the demand will still be around. It’s like the whole smartphone market is not growing much but imagine iPhone…
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I want to buy and I am ready to buy… (2019)
Interesting survey by StarProperty.my in its latest Buyers’ Sentiment Survey. Article in TheStar.com.my here. It says that majority of the 3,000 respondents in the latest survey said that they are keen to buy in 2019. 42 percent says they will buy within 12 months. 34 percent says not thinking of buying while 24 percent says…