Author: Charles Tan
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11.6 percent average rental yield is CRAZY…
If someone were to tell me that there are still properties out there which gives positive rental yields today, I would ask, where? If that someone were to tell me that I can still get double digits in rental yields, I would think it’s a scam, seriously. From Singapore to London and even Malaysia, due…
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Tesco Malaysia is a property development company… too.
Tesco is Britain’s largest retailer. I used to patronize one particular one in Bristol city centre 20 years ago and was happy to revisit it when it came to Malaysia in 2001. Now a report in The Edge Malaysia says that Tesco Stores (M) Sdn Bhd plans to venture into property development. Here’s that article in…
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INSPEN’s two Certificate programmes are now OPEN!
[Sponsored] For school leavers who are looking for the potential to earn a good income within the real estate industry, here’s that opportunity. The closing date is however within the next 2 weeks so please take immediate action. INSPEN’s second intake for Real Estate Certificates are now open. Certificate in Real Estate Valuation (CREV) and…
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No place for illegal brokers, more concrete actions needed.
Let’s listen to what a former President of the Malaysian Institute of Estate Agents (MIEA) has to say about illegal brokers. His article appeared in NST just days ago. Reference here. “A word of caution to the general public: DO NOT DEAL WITH ANY ESTATE AGENT WHO IS NOT REGISTERED. The consequences, should something go…
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Additional cuts and MMC-Gamuda will continue with the underground MRT works
Remember that debate online on who’s right and who’s wrong about the MRT Line 2’s underground works? After both sides have their say and supporters, the company which won against many other international bidders is now the ‘winner’ again. After that announcement of them being cut away from the underground MRT Line 2 works, MMC-Gamuda…
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All About Numismatics Auction (AANA) 2018 is here.
[Sponsored] The banknote shown on the left will be up for auction on 1st December 2018 here in Malaysia. One similar piece (newer) was auctioned off at HK$950,000 (RM507,000) in a Spink Auction. (Click to view that item in Spink.com) This was the comment in the Spink site: “Extremely rare in any form and especially in…
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EUPE’s Novum@ South Bangsar and Parc 3. Visit them in Jom Cari Rumah 2018
[Sponsored] EUPE will be participating in upcoming weekend’s Jom Cari Rumah 2018 in Nu Sentral mall. It starts from 26 – 28th October 2018. They will showcase two projects; Novum @ South Bangsar and Parc 3 @ South Kuala Lumpur. Novum @ South Bangsar is at one of Kuala Lumpur’s most sought-after hot spots. It has…
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30,000 units of affordable homes in Selangor (below RM250k, in 5 years)
Selangorians needing an affordable home can now rejoice. As per an article in Edgeprop.my, Selangor Menteri Besar Amirudin Shari said that the state government aims to launch 30,000 units of affordable homes under its Rumah Selangorku housing scheme over the next five years. He said, “We are targeting 60% of these houses to be priced below…
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If income is higher today, will unsold units be cleared faster?
Perhaps this is a chicken and egg situation? Should I believe that the higher our income is, the more affordable the properties would become? Or perhaps AFFORDABILITY drives property demand instead? Of course, if we happened to be earning salaries within the T20 households here in Malaysia and the home prices are usually targeted at…