Author: Charles Tan
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RM585k? No problem, sold out within the same day of launch
Most people would look at me strangely when I tell them that the current slowdown is not because everyone is poor (Crisis?) or the property prices are way too high (Totally unaffordable) but one where the mood is a little negative coupled with some mismatch in expectations. By the way, just within the first month of…
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1 Utama E (600,000 sq ft NEW extension) and FULL MRT link opened
I learnt the hard way when I tried the MRT from Sg. Buloh to 1 Utama a couple of weeks ago. I had to walk for at least 500 metres I think to reach 1 Utama mall. It was 2pm in the afternoon and well, I had to cool down when I arrived. From today…
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Penangites, see you on 3rd and 4th February 2018.
I have moved to Kuala Lumpur for 5 years. However, I continue to drop by Penang every two weeks. I still own properties in Penang too because I believe the current slow market is only a passing phase. Property market Penang is a very resilient one. On 3rd and 4th February 2018, there are a…
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Consumer sentiment in 2018 is positive says PropertyGuru
It’s a little tiring to keep explaining that the Malaysian property market is not going to suddenly crash. Anyway, investments are always a risk yeah, so there’s no guarantee that some unforeseen circumstances will not change the current situation. Perhaps I let a survey from PropertyGuru do the explaining as to some reasons why the…
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No transactions, no changes in prices lah.
Last year (okay, only a few weeks back), a friend in Penang said, “Charles, you see lah, the property market is so slow, yet the property prices still show an increase. Makes sense kah? I think this figure is not real. Just look at all those advertisements, some condos are showing nothing less than 20…
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Clearing stock. Good for oversupply situation I think?
You know, people often commented that the year end sale in Hong Kong or Singapore is always better than the one in Malaysia. Actually, I do agree even if not for all items lah. One major reason? They lack the space necessary to store inventory, especially from the previous season(s). The stock for the new…
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4 to 1 means 97,500 new homes needed yearly. (Then why oversupply?)
In my sharing during the recent iProperty Home and Investment Property Fair, I asked if everyone knows about the oversupply situation in the Malaysian property market. Many in the crowd nodded, acknowledging they know about it. Then, I asked if the oversupply will crash the market. Fewer people nodded their heads which is good. At…
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The Rift @ MidValley. Lots of fun, definitely.
Are you looking for excitement and entertainment at the same time? Yet very safe? Are you having teenage kids and wants to do something together with them? Boring weekends and need some fun-filled sessions? Perhaps this new attraction in town is for you. The Rift invited kopiandproperty.my to drop by and review them. Here’s a…
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Up 25 basis point, low interest rate days over?
In case you did not yet know, our Bank Negara has hiked the overnight policy rate (OPR) by 25 basis point. In number term, this is 0.25 percent. A quarter of 1 percent. Assuming the banks use the exact same rate for the mortgage loan adjustments, then the difference in mortgage payment for a RM500,000…