Author: Charles Tan
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Banknotes as an investment is real. Get to know about it, really.
If you have always been looking at diversifying your investment, this is something you can think about. Every collector I met thus far started years ago and usually they would concentrate on something they really like. Some would only look at banknotes and some would only be for coins. My own preference? Banknotes, especially the…
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Highest pay bracket may still not mean much, for property.
In many places, including some Kuala Lumpur neighbourhoods, only the combined household income would enable a family to buy a very decent property. I personally define a very decent home as anything above RM1 million. Obviously, my home is below that. Actually, as soon as we look at the landed properties, it would usually be…
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Awards tell us that we are on the right track BUT..
Many times, it’s great to win awards. It gives us a certain level of recognition for something done right. For many property developers, an award also helps in selling the properties even if they know people do not buy simply because the development has an award. Speaking of international awards, did you know that our…
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What if the stats are wrong? Look at actual signs then.
A very prominent and capable friend who has opportunity to buy properties all over the world shared this point with me this evening. Personally, I would have bought properties in all those places that I would need to stay for a while, say couple of months per year. He asked, “What if the stats provided…
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Press Release: Sime Darby launches Elmina Green
The following is a press release by Sime Darby Property. — start — Sime Darby Property launches Elmina Green ARA DAMANSARA, 11 October 2017 – Sime Darby Property is launching the first phase of Elmina Green on 14 October 2017 (Saturday), the latest residential development at the award-winning City of Elmina. The development comprises 187 units…
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Seriously in debt? 69 percent due to credit cards.
First of all, try NOT to have more than two credit cards, even if you can afford them. One VISA, one MasterCard and that should be sufficient. My personal thoughts anyway. I have three currently. Need to cancel one soon. There are quite a lot of benefits for credit cards but there are harmful potentials…
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4.4 times the median income, so it’s seriously unaffordable. Tomorrow?
Personally, I disagree with any loosening of lending standards. I think it is still possible to get a home loan approved today. I also think it is possible to get a home today but landed homes below RM300,000 in PJ is definitely impossible. Not even when the price is doubled to RM600,000. So, are borrowers…
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Press Release: First Phase of GreenAcres and RM10 million clubhouse
Press Release by Green Acres, Total Investment Sdn Bhd YB Datuk Seri Mah Siew Keong Officially Opens Green Acres ~ Unveils RM10 million clubhouse and Phase 1 resident-ready villas~ Bandar Meru Raya, October 7 ~ Minister of Plantation Industry and Commodities, YB Datuk Seri Mah Siew Keong today officially opened the first phase of GreenAcres,…
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Currency risk to Malaysia. Budget Deficit and uncertainty
Ringgit is still weak, when compared to years ago. Ringgit is strong, when we look at Bloomberg’s image on the side, showing the performance of a number of currencies within 2017, as at a few days ago. Anyway, regardless of our own predictions or thoughts, the World Bank says that Malaysia has some currency risks.…
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I am poor, so I buy an ‘affordable’ home
A friend who’s just starting his corporate career climb once told me that the reason why he was buying an affordable home was because he was poor. Well, in Malaysia, there are still Nearly one million civil servants without a home . Besides that, with a typical starting pay of lower than RM2,500 per month and perhaps…
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Highest and with a 360 degree view. Selling at less than RM100 million. Haha.
How much should a penthouse in Melbourne be? Just a year ago, the Melbourne Median House Price was about AUD745,000. FYI, Australian engineers do earn the same as Malaysian engineers, number wise. Well, regardless of the price that we used to know, it will soon change because SP Setia Bhd’s project in Melbourne would be setting…
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Iskandar’s BRT: 90% coverage, 51km and operating in 2021.
Iskandar needs to be as integrated as possible to Singapore. It benefits both sides. Else, I am not sure how both sides could grow when faced with competition from the region and beyond. The Rail Transit System (RTS) is pretty sure since ministers from both sides are already meeting formally. There is a bilateral agreement to…