Author: Charles Tan
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Bankruptcy in Malaysia: The usual Questions and Answers
Do you know about bankruptcy in Malaysia? Many people asked me if auction properties are usually because the owner became a bankrupt. Simple answer is, NO. It is not necessary the case. In fact these days Public Auction for Owners (PAO) are slowly becoming common. We will visit this in future. Coming back to a…
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Property bubble close to bursting due to 3 reasons. Government must be ready!
Edited as at 5pm on 25th July 2018. (Added in the IDEAS paper for download at the end of the article) As well as additional comments after reading the paper. Just a few days ago, I was telling the crowd about the three signs to look out for when it comes to property bubble bursting;…
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Property prices can ONLY go up when we can afford it.
Please read the title a few times and understand its significance to the property market. There has been predictions on when the property market will rise again. Some say that it will be in 2020 or 2021. As for now, it’s consolidation time. What is consolidation? Well,it simply meant transactions continue to happen but the…
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Intriguing. Understanding bankruptcy, PTPTN borrowers and blacklisting.
If one borrows money, one MUST pay them. Especially when the repayment will help the future borrowers who may also need the assistance just like those before them. If you disagree with this thought, please skip this article. PTPTN borrowers who did not pay their loans are no longer blacklisted from travelling. In other words,…
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If interest rates kept going up, how long could we keep paying?
Briefly (Usually), when the economy is doing well, interest rates may be raised. The main reason is to prevent unwanted speculative activities. So, if the rates are raised and we have existing home loans, have we ever wondered how big would be the impact to our monthly mortgage payments? If the economy is in need…
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Richer getting richer, faster. Need better wealth distribution…
kopiandproperty.my has written about this topic over the years and this year, it has become worse. Worse for the poorer half of the world population.The richer are getting richer and faster too. Here’s that report in TheStar. First of all, there is nothing wrong with richer getting richer. However, their wealth as a percentage is…
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6 things we can do to retire without too much worry.
Studies have shown that we need a lot of money to maintain our lifestyle when we retire. Please ask your insurance agent friend about the actual amount yeah. They have a calculator to help you. If they refuse to help you, let me know yeah. I will provide you contacts. Briefly, if we wish to…
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Why, why, why, THREE WHYs are better than ONE Why. (property buy)
A reader wrote in and asked if those buyers who bought properties nearby the cancelled 6 stations in LRT 3 will now face a big problem. Frankly, on a longer term, the answer is no. Knee-jerk reaction as of currently and perhaps for a while more, most probably. I believe it is extremely vital that…
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Simplicity in comparing for better decision making
These days, it’s easy to compare before we buy, subscribe to a service, applying for a home loan or even putting our Angpow money into a fixed deposit. For the last one, it used to be ‘just put in the nearest bank or my favourite banklah.’ Well, the rate could be very different yeah especially…
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What happens to property market when inflation is always at 1 percent every year?
Most of my friends tell me that the inflation numbers published by the government is not reflective of what’s happening in the market. That was months ago and even years ago. I reminded them that inflation is not a number plucked out of the air but is based on a basket of goods. Of course…
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IOI Properties Group’s Sustain Day themed “NIP it!” at the source”
Press Release: Creating Awareness for a Sustainable Future IOI Properties Group Berhad (IOIPG) organised its first IOI Sustain Day themed “NIP it! at the source” on 15 July 2018 at IOI City Mall. As the theme suggests, the Sustainability campaign was aimed to create awareness on waste minimisation at the source. The sustainability campaign focused…