Author: Charles Tan
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When prices rise double the income for 5 years?
Briefly, the property bubble will burst when the market could no longer provide support to the property price. The support we are talking about here refers to people’s income. If we earn way too little versus way too high property prices, of course we are not able to support the prices. To explain very briefly…
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Semenyih then, now and the near future? Find out more.
[Sponsored] Just 10 years ago, not many people have heard of Semenyih. They would have heard of Broga Hill but it’s not a place people associate as a residential area… Fast forward to today and we could already see many of Malaysia’s top property developer brands developing in Semenyih. Even among my close circle of…
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RPGT is positive; raises revenue without taxing lower-income group
That 5% in RPGT announced in Budget 2019? Okay, most of my friends with properties said that it’s not good for them. One said, “Now I have to pay a few hundred thousand ringgit in tax?!” I laughed and said NO you will not. This is real property gains tax. So, even for a RM400,000…
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Property Hunter’s co-founder stepping down
Michael Hiew is good friend to kopiandproperty.my and me. He works very hard and I think this made him put on weight (no time to exercise mah) This person helped to give exposure to kopiandproperty.my when it was just starting. To him, collaboration was the key and not competition. I think this was the reason…
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HIGHEST since October 2008! Positive for the Ringgit, hopefully?
By the way, the strength of a currency SHOULD depend on the trade. The higher the exports, the higher the demand for our currency and the value should appreciate. It should NOT be based on speculative stuffs. As a trading nation, Malaysia is ranked 25th out of over 200 countries in the world. Yes, for…
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Stamp Duty on unsold properties and the RPGT for all
National House Buyers Association (HBA) says this in their website, “We are a voluntary, non-political, non-governmental, non-profit organisation manned by volunteers.” Over the many years that I have been reading their comments, I think they are pretty serious in doing what they do. I may not agree with their views all the time but I…
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This RM100 is positive for the property market.
Some say they prefer to drive because it’s only very slightly more expensive than taking the LRT / MRT or public transport. It’s arguable because typical monthly parking in KL should be RM250 or higher. It is definitely untrue come 1st January 2019. The 30-day unlimited Rapid bus and rail pass will be available to Malaysians.…
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“Risk worth taking” to get a home of our own?
This article was in MalayMail.com “Peer-to-peer money lending for homes a risk worth taking, says finance minister.” Finance Minister Lim Guan Eng says that the government will only proceed with peer-to-peer crowdfunding to help first-time home buyers only after all factors are considered. He added that Bank Negara Malaysia and the Securities Commission (SC) have conducted their…
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FundMyhome, 20% ONLY and the 1 million affordable homes target
Own a property without bank loans and monthly payments to worry about? This is possible according to The Edge Media Group’s subsidiary EdgeProp Sdn Bhd. Full article here in Edgeprop.my It’s called FundMyHome.com and this new portal enables buyers to own a home by paying 20% of the property price, while the balance 80% of the cost of…