Author: Charles Tan
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SST has pushed down prices for 291 items in Malaysia.
Did you know that prices of goods have been dropping after the GST was abolished? Frankly, I did not feel it (especially with all those latest tech stuffs launched but then again, they said for those items, prices went up because the ringgit dropped.) Coming back to today’s article, if you are smiling and wanting…
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S P Setia, Sime Darby Property sells. EPF-PNB buys. RM8.35 billion of Battersea.
This could be considered a friendly transaction. Malaysian companies to Malaysian funds. S P Setia Bhd and Sime Darby Property Bhd will be selling the phase two commercial assets of the Battersea Power Station to Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB), in a deal worth £1.58bil (RM8.35bil). The transaction is expected to be…
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7 Reasons to buy in a slow property market
If you do not know, there’s always news about the state of the unsold units of properties here in Malaysia. Here’s one latest one. It seems to be still just as bad as past few quarters. Okay, before we get all worried, scared and hiding all our cash under the pillow due to these unsold…
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4 or 5 or 6 hours? Now imagine the potential.
Someone I looked up to in my ex-company (he mentored me in my career) told me that he thinks Iskandar is a white elephant. He said this just 3 years back, when all the property markets in Malaysia have slowed down. I replied that market slowdown does not happen just in Iskandar. He said there’s…
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Malaysia Vision Valley 2.0 unveiled – technology focused too.
This is definitely a catalyst for Negeri Sembilan and Port Dickson. Not just economically but will definitely extend into the property market as well. The Malaysia Vision Valley (MVV) 2.0 was unveiled by Negeri Sembilan Menteri Besar Aminuddin Harun. It’s a state-led private sector-driven development spanning across 153,411ha in Seremban and Port Dickson. According to the Negeri…
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7 reasons why property price will still be rising…
I know many wants to buy the best property money could buy today. However, the best property one could buy today and many years later will not be the same. In fact that best property today may look old and jaded next to a new property in the future. By then, should we not upgrade…
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Property prices falling: excess supply and cooling measures
This was reported by a UK-based newspaper, Financial Times (FT) about the property prices here in Kuala Lumpur. It said that the reason for average sales dropping by 4 percent since last July is because of two reasons; excess supply and domestic cooling measures. Judy Ong of Knight Frank in Kuala Lumpur said, “The inflation…
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7 things to do while waiting for property bubble to burst
I have quite a number of friends who laughed when told about the potential property bubble bursting. They earn their living from the real estate industry. I also have a few friends who are confidently telling me that when the property bubble bursts, they will enter the property market and buy all the properties at…