Author: Charles Tan
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IF you really love landed within Penang, spend some time and decide after.
I wrote about my personal experience with Balik Pulau property earlier. Read here: What’s UP with Balik Pulau? There is one upcoming study tour to understand whether Balik Pulau can be your home sweet home. Instead of reading bits and pieces here and there, sign up to know more. In terms of comments, Balik Pulau…
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Median property price KL? RM530,000. Approval rate? 77 pct.
Do you know that the median property price for KL is RM530,000 for 2016? Source: NAPIC, Malaysia. Median household income for KL? RM9,073 for 2016. Source: Department of Statistics, Malaysia. The approval rate thus far? 77 percent. In other words, nearly 80 percent of all applicants do get their loans approved. Take a look at…
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Travel to SG whether flights or HSR
Do we know how connected is Kuala Lumpur (KL) to Singapore (SG)? Referring to skyscanner.com.my, there are a total of 357 flights from KL to SG per week. That’s 51 per day. Taking out 8 hours of sleeping time, that’s still nearly 3 flights per hour. In other words, we may have a flight every…
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Stable bank performance expected in 2018. Positive.
Healthy banks in Malaysia are crucial to the our property market. Imagine if the banks are fighting fires daily, there’s no way they will be encouraged to lend to people who want to buy property. I know some wants to say that even now getting a loan is extremely tough. However, bankssay they are still lending…
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Tax submission done? First-timer, you better… for your property’s sake.
A 23-year old was telling me his problem a few days ago. He could not get his housing loan approved. He was earning an average of around RM3,500 for the past 6 months. Not too shabby for a 23-year old. He’s a real estate negotiator. How much do they earn when they are awesome? The…
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Own office and work alone? Co-work and get more benefits
The startup scene in Malaysia is an exciting one. Let me just name a few which is now the envy of many Malaysians. They started just a few years ago. They include GRAB (yeah, that new challenger in the taxi scene which is changing the whole industry. I already have 3 friends who relies only…
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Yes, you can build homes over RM1 million, IF
Yes, developers can still proceed to build homes of over RM1 million in big cities. (I think this includes the usual few like Kuala Lumpur, Penang, Kota Kinabalu and Johor Bahru). This was just reported in the article in NST. Developers can build houses above RM1 million if they meet requirements. They can build as long…
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60,000 in 3 years. 100,000 by 2023. Affordability in JB.
Looks like great news for Johoreans or ‘new’ Johoreans; those from outside the state who’s going there to find a job or look for a career. Here’s that recent news article in TheStar. Recently, a Johorean good friend says that the properties in Johor Bahru (JB) is getting way too expensive and that not many could…
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Oversupply to last 5 years. That’s until 2022…. ?
It’s a popular topic these days. In fact I have been asked no less than 3 times by a few different Whatsapp group. Only one of those three groups are related to property investment. Haha. Well, we have another prediction, just a few days ago. This time from one of the top three international rating…
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U-Turn(s)? Or better common sense
Remember just the other day when the government decided to freeze ALL Luxury and commercial projects within KL? There were supporters actually who said that this will help to reduce the current oversupply, which is really the commercial offices as well as luxury units. Perhaps not immediately reduce but after a couple of years perhaps.…