Author: Charles Tan
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BNM’s accommodative stance for the economy maintained
In brief, Bank Negara Malaysia (BNM) believes the economy is getting better. It said, “At the current level of the OPR, the stance of monetary policy is accommodative and supportive of economic activity.” Here is a report in asia.nikkei.com with views from analysts. According to Capital Economics’ analyst Krystal Tan.”The tone of today’s statement suggests that the…
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Undervalued (price) vs net asset value. A stock to consider?
There are more investment options than just buying a property and wait for it to appreciate. If we insist on something property related, we can try real estate investment trusts (REIT) or we can also buy the stock of the particular developer, as soon as we see that their launches are very successful. Remember to…
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PH Property Expo, Kota Kinabalu: 3rd to 5th March.
PH Property Expo by Property Hunter, East Malaysia’s top property site. It starts on 3rd March 2017 (Friday). The PH Property Expo would be held in Kota Kinabalu in Sabah Trade Centre. The address is Jalan Istiadat, Teluk Likas, 88400 Kota Kinabalu, Sabah. Time is 10am – 9pm. Two speakers would be featured, both would be…
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Brexit, London properties and Malaysian developers
London is an international financial hub. There are many analysts who said London has been facing property shortages for many years, thus the price increase. However there are also many who are now not so sure after the Brexit decision. I read an article in NST today which said that Malaysian developers with exposure to…
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Press Release by Sunway Berhad: SUNWAY POSTS STEADY RESULTS
This is a Press Release by Sunway Berhad on its financial year ending 31st December 2016. SUNWAY POSTS STEADY RESULTS Higher year-on-year revenue contributed by better performance in most segments Property development profit before tax for the year increased 24.8% to RM327.8 million Property investment revenue increased 8.3% due to higher rental contributions, better occupancies…
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SP Setia’s Cenderawasih – Rumah Selangorku – Registration starts
LATEST UPDATE received just few minutes ago. The event will proceed as planned. SMS as per image. If needed, call the number stated for more information. Cheers. LATEST UPDATE: The Event is Postponed. Message: Setia Eco Templer’s Launching and Registration ceremony for Rumah Selangorku has been postponed to…
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Unsold primary residential properties? RM8.27 billion worth……(HUGE)
It’s not good news when there are a lot of unsold properties in the market. If we placed a downpayment for a new condominium and found out 9 months later that only 20 percent of the whole project is sold, how would we feel? Worried, right? Well, on a larger scale, it’s not 80 percent…
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Press Release by IOI Properties. Q2 Revenue Jumps 34% to RM1,195 million
Press Release by IOI Properties Group Berhad for Q2 Revenue. IOI Properties Group Berhad (“IOIPG”), a leading property player with an impressive business portfolio in Malaysia as well as in Singapore and China, posted a strong set of results for the current quarter ended 31 December 2016. The Group’s Q2 revenue jumped 34% to RM1,194.7…
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Funny questions answered with questions
This happened in Penang. My good friend who’s a manager in a real estate firm shared with me about a conversation during a recent property show in Penang. One potential investor asked about a certain development in Penang. My friend Mr. V shared about the development and why the investor should consider buying a unit.…