Author: Charles Tan
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Increase in stamp duty delayed. Support for property market?
The stamp duty for property transactions above RM1 million was not welcomed by the market. Of course, the target was not the B40 or the M40 households but this will subdue the number of potential transactions from the more experienced investors and when the numbers suddenly drop, the first-time home buyers would definitely lose confidence…
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Lots of good advice for 2019 real estate goals.
First of all, 2018 has been a pretty subdued year for everything, not just property market. Somehow, majority of everyone seem to carry a negative sentiment in whatever they think and do. Many say they could not spend more when they travel overseas because ringgit kept depreciating. Actually, it has only depreciated a little this…
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Online does not kill RENs. It is a combo yeah.
“Consumer behaviour have changed. No one walks into an estate agents office to start their search for a property anymore.” I read this interesting quote from a good friend’s instagram post. Let’s just say the quote is not entirely true because the sales process does not end with just a search for the right property.…
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Powerful sentence. 3 Asians and 1 European (countries lah)
I am against Brexit because I think the UK will gain more by staying within the European Union and not outside. Earlier articles are many and here’s one. Well, at least we have one more prediction which tells of the potential of the UK losing the 6th largest economy crown to France due to Brexit.…
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MRT station? Walkway just 15 metres. Cool…ing!
I am writing this article outside Perak’s public library. My kids and wife are inside the library (air-conditioned) and both kids are playing because this library has a games / kids room. The place I am at is outside the library and it’s not air-conditioned. Fortunately, there’s some occasional breeze. Temperature is an issue here…
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10 things you should know about My100 and My50. Lower costs = Higher savings.
Some time ago I wrote this. This RM100 is positive for the property market. If we are a Malaysian and we need to manage our travelling expenses, please continue reading and then take appropriate actions. If we chose to continue driving because there’s no MRT / LRT / bus stops nearby our home, it’s time…
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Increasing cost of living a certainty
During one of those political debates many months back way before 509, I told a super confident friend that whether the government changes or not, ringgit’s movement is not going to be dictated only by what happens locally. It’s a currency which is traded internationally and unfortunately it’s no longer just trade driven but sentiment…
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It’s ALSO the ‘last-mile’ closure, not just more leads
A senior manager with a property developer was speaking to me the other day. He told me that these days customers are taking ever longer time before buying. Similar views as his have been shared to me by many real estate negotiators (REN) as well. When I asked if the number of people visiting the…
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Affordability of homes? It’s an issue EVERYWHERE.
A friend said that homes in Malaysia are getting way too expensive and soon no one could even afford one. I told him that every year we continue to have huge numbers of transactions running in hundreds of thousands. He questioned, ‘Then why unsold properties are so high?’ (Earlier article here) I replied, ‘let’s just…