Author: Charles Tan
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Transparent land transactions moving forward?
We can debate until the cow comes home (after one day of eating grasses) on some issues or we can decide to make things work transparently in the future. We are talking about land deals involving the Dewan Bandaraya Kuala Lumpur (DBKL) over the past few years. The total transactions numbered 97. The total plots…
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Property stocks may now be in favour? Value vs price.
If we love property but we think we need to save more before buying one, how about using some of that savings to buy the property developers instead? It does not need to be RM50,000 downpayment in this case because buying 1,000 units of S P Setia Berhad will need just RM2,160. Based on an…
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Taxes, governments, people and economic growth
Rumours never stop. Do they usually come true or turn out to be false? Anyway, without spark, there’s no fire. Of course, we do have fire extinguishers too which can take out the fire fast. This is the Article in FreeMalaysiaToday: Investors brace for tax on capital gains, consumers It quoted Geoffrey Ng, a director of Fortress…
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Income level is more important than the property price. True?
Here’s a long article in NST which I think gives a very good idea about the property market versus the salary. Many prominent property people were also quoted. Read it here: ‘It’s more about income level, not pricing’ Let’s look at what Real Estate and Housing Developers’ Association Malaysia (Rehda) council member Datuk N. K. Tong…
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Oh dear, new RM28.63 billion of obligations for 1MDB?
These days, 1MDB is not that hot n issue anymore. It is now part of the new government’s issue. Recently, The Straits Times of Singapore reported that 1MDB’s debt obligations could be as high as US$6.9billion (RM28.63 billion) and that Malaysia is NOT aware of it. (Okay, we have debts that we do not know,…
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Half of the cost, going ahead and delayed too; LRT 3
Many friends are now telling me that we should not be buying a property solely because it’s near a LRT / MRT. The reason is because the government is doing lots of cost-cutting and deferment so that the country’s finances can recover. Seriously, I believe this should always be the case right? If there’s just…
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Here’s why new townships represent super opportunities – A.H.A!
It’s easy to get carried away with the suggestion that properties are now way too expensive for Malaysians. No one could blame this thought because everyone would usually confine their property thoughts to just the few usual choices; hotspots within Kuala Lumpur for example. When informed about some further away choices, the reply is usually,…
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Jom Cari Rumah. Drop by and say Hi!
Are you looking for a property to buy? Do you want to learn more before buying? How about getting to know if you can get the loan that you want? Okay, it can even be a fun-filled weekend for the family. Jom Cari Rumah is back. This time it is at NuSentral Mall. It will…