Author: Charles Tan
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71 pct of loans to first-time home buyers. Positive.
This has been debated continuously. Potential buyers are often worry about their loan applications, fearing that it would not be approved. Earlier article here from my friend Miichael Yeoh on how to increase your chances of approval. Housing Loan rejection, how to avoid it. Developers are asking for more leniency for first-time home buyers so…
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Property Hunter Convention in Kota Kinabalu – Speakers are awesome
Frankly, if there are any property fairs which are just a collection of booths and absolutely nothing else, it may not be productive to drop by. The reason is because a few of these are happening every month. Just go to your local hypermarket and there would also be a few developers setting up their…
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Bank Negara’s 6 policy options. I like them all.
I think everyone has read that article about RM500,000 property dropping to RM300,000 in the near future. I did not write a response but I did write an article about a few potential trigger points when the news about the 40 percent rise in unsold units first popped up. Here’s that article: Strategy with the 40…
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Lucky Draw – late 19th century Straits Chinese Nyonya Phoenix plate.
Message from MNP Auctioneers for the upcoming Straits Chinese Antique Auction in Lot 33, Penang. Any Penang based kopiandproperty.my readers who want to win a plate with 100 years of historical significance? If you happen to be in Penang do drop by an exhibition of Straits Chinese Antiques happening in Lot 33, Penang. It is…
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Frozen for KL. Luxury and commercial units development approvals.
Frozen. Development approvals of luxury high-rise, shopping malls and even commercial units which are over RM1 million are now frozen. This is the article in NST on 19th Nov 2017. Finance Minister II: Indefinite freeze on luxury property projects from Nov 1 A friend forwarded this to me and said that the government is now taking action after…
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Crash, No, Crash, No, debate continues. Action is similar.
On one side of the ring, we have a veteran real estate expert, Ernest Cheong who sees 2018 as the year that the property market may crash. The panic may start right after Chinese New Year in February. He also shared that developers are in desperate situation and that this was why they allow buyers…
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Press release by Sime Darby Property: “New Edge” of Subang Jaya!
I like Subang Jaya. I think it is growing and well, it has the convenience of everything, including even an airport. I stayed there for many years and even met my wife there. She was from Sunway College (yes, still a college then) and I joined INTI College (not the current tall building but just…
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Property prices rising higher than income, true. Why can we still buy?
Everyone tells me that their income is rising slower than property prices. I have to agree and I have to inform you that this happens in all countries and in some countries, the condition has become worse. Malaysia? Well, perhaps we are at ‘bad’ level now. Anyway, let’s start with a very simple illustration on…
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Press Release: PropertyGuru Asia Property Awards 2017 – Winners list
These days, it is getting more common for people to buy property overseas. An old friend bought a condo in Bangkok which is giving her 7% yield. Sometimes, it is good to have a starting point if we are thinking of some property targets in other countries. The below would list down all the contenders…
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Buy because of the business, that’s safer.
There was an article in TheStar: A fed up TS Wong sells stakes in Palette and MUI to quell speculation which tells of how shares of some companies shot up because of some reports of POTENTIAL news related to someone well known who happened to own some shares in those companies. TS Wong released this…