Author: Charles Tan
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IDEAS: Property bubble Malaysia set to burst
According to an interview by FreeMalaysiaToday (FMT) with the Institute for Democracy and Economic Affairs’ (IDEAS) senior fellow, Carmelo Ferlito, the Malaysian property market is close to crashing because of the high unsold properties in the market. He explained that two economic dynamics will cause this. They include the prices of most homes beyond the…
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High Court’s e-Lelong: An Alarming Insight about Raising Integrity
I used to think live auction is just a show. However, I have since watched many auctions and I can safely say that if conducted professionally and publicised well to the public, an auction helps all stakeholders to maximise the value of the asset being auctioned. In fact this should be the sole reason for…
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Turning dreams into reality. Well, dream something realistic.
When I was just starting my job after my graduation, I wanted to rise up the career ladder, fast. (Who does not?) In my first company, I learnt that one is usually promoted every 3 years, if one was performing very well. Else, it’s 5 years or more. I think career wise, it has been…
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Don’t rent to them lah, my thoughts on potential tenants
Do you have a property that you want to rent out? Or are you thinking of how to rent out your ‘extra’ property? I always think renting out the unit for the very first time is scary. Come on, our property is at least a few hundred thousand Ringgit and we are renting it out…
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SP Setia: The worst is over for the property market, RM3b launchings coming
Property market is bad, according to some analysts. Property market is going to be good soon, according to some predictions. What do I personally believe? I believe in only numbers, results and by talking to my good friends from the property industry. Must keep myself updated. SP Setia meanwhile believes that the property market will…
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Malaysia’s GDP growth for Q2 looks healthy
In brief, Malaysia’s GDP is growing pretty healthily. It’s supported by domestic demand (most important!). Sentiments improving. Financial institutions have sound overall asset quality and profitability. Exports should grow as the global growth is improving too. Inflation is still above the usual, at 4 percent. Borrowers still have access to financing to purchase homes. (As…
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When the REN is killing his potential deal
The below was an actual conversation between two people. It happened two days ago. A Real Estate Negotiator (REN) and a potential customer. They were on their way to visiting a condo unit in Gelugor, Penang. The unit was at Level 19. Their conversation as follows: Potential Buyer: How many floors are there for this…
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Communication skills, world happenings, learning and personal finance
I think I have interviewed enough good and bad candidates to conclude that communication skill is the single most important element for anyone to get a job. That confidence when we explain, coupled with sufficient English proficiency will help one to be ahead of all the rest. To those who think that a programmer or…
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Press release by Sunway REIT – Income growing moderately
I am part of a small Whatsapp group of awesome bloggers. Just the other day one was asking, ‘Between MidValley and Sunway, which one is better to buy if I want to buy a Real Estate Investment Trust (REIT)?’ Sunway REIT had just sent me their press release. So, do read on if you think…
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iProperty.com Agents Advertising Awards – The Winners
Real estate negotiators do not have an easy life. Seriously. Sellers who refuse to use a dedicated one but chose to instead gave it to 10 different negotiators. Buyers who kept viewing forever and ever and never buy. However, rain or shine, if you are their top customer (whether buyer or seller), the good ones…