Author: Charles Tan
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Interest rate to affect property demand in Penang
I have moved out of Penang for the past 5 years. My son was even born in KL. However, I like Penang property market because the island side remains just an island while the mainland side has the second bridge as a new connection to the Bayan Lepas industrial parks. It meant that it is…
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Potentially over 700 stores closure and 30,000 employees losing jobs
Toys R Us will potentially be closing over 700 stores and 33,000 employees are at risk of losing their jobs. Full report in WSJ.com here. Please do read for some of the reasons for its closure, including the most important one, stronger competition. Whenever people lose jobs, naturally the property market shakes because some of these…
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High property prices is never a good sign, regardless of country.
It is not a good sign if property prices keep moving up much faster than the salary increments we receive every year. Of course if we get a promotion, the typical increments may be 15-20 percent and this is faster than the typical increment in property prices. However, not everyone gets a promotion every year.…
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Iskandar? Too expensive? Depends on type who is the buyer, right?
When people google for ‘properties in iskandar too expensive.’ they were redirected to kopiandproperty.my Opps.. I do not remember writing any particular article about Iskandar being too expensive though. I still think whether it’s cheap or expensive depends on the type of working professionals we have there. If we are talking about the typical condo…
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How could everyone get RM250 by clicking a link?
It’s the developer’s 10th anniversary, therefore they offer a RM50,000 discount to their last 10 units. Is this believable? Well, if the property is priced from RM2 million, the RM50,000 is merely 2.5% discount. If the property is RM1 million, then the RM50,000 is 5% discount. Still believable, actually. What happens if the property price…
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Brexit: Good or bad for London property market?
You know, with experts, there’s always two sides, at least. Many times, multiple sides which explains why even for properties or cars, there are no such thing as the ‘perfect’ one. I am against Brexit. Remember Brexit? Yeah, the exit of Britain from European Union (EU). I think it will be bad for London because…
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Rent-to-own scheme for People’s Housing Project (PPR)
I remember a senior manager for a developer in Johor who told me this many years ago. He says that everyone should have a home that belongs to them so that they do not continue to face the prospect of ever higher rental or being forced to move every few years. He shared, ‘The reason…
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Property agent with a fake Datukship letter?
Many sportsmen and sportswomen who have contributed to the nation have been conferred Datukships. I salute them. I think it’s very important that Datukships are only conferred to people who have contributed immensely to the nation. It does not need to be confined to only those who donate a lot to charities yeah.Anyone here buying…