Author: Charles Tan
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Cheap then, affordable today and property price in future?
This afternoon, I had lunch with a few colleagues. One of them asked about buying a new property as she wanted to move to a bigger home with her husband. Her new baby is due in January 2017. When she asked about property prices and the potential capital appreciation, I shared with her that when…
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Managing risks, starting strong. (Think Big, Start Small)
One senior manager colleague shared with me that over 10 years ago, he bought a shoplot. In his mind, he was thinking BIG. He thought the shoplot would double in price within 2 or 3 years. Despite just starting, he aimed at commercial property due to the potential huge profit. Yes, the entry cost was…
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Retail Malaysia 2016 – Growing…very slowly…
Did I buy more stuffs in 2016 versus 2015? Let’s look at just two categories which I am a shopaholic for; shoes and clothes. I did not buy any new leather shoe in 2016 but I did buy two new sports shoes and one new hiking shoe (preparation for Mount KK climb in June 2017).…
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Eco World: Total sales of RM6.07 billion within FY16.
In an article in TheStar, Eco World president and CEO Datuk Chang Khim Wah said the following about Eco World. “The market has been challenging, but the yield for Eco World is good and commendable. Regardless of any upturn or downturn, we will sail smoothly for the next two years, buttressed by our strong unbilled progress billings.”…
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Eating cheaper is still possible, depends on us actually
I was home in Ipoh and as usual when my mother does not cook, we will eat out. My parents do not spend a lot. In fact RM800 per month is more than enough for them. We dropped by a new restaurant specialising only with economy rice; really economic. Free chrysanthemum tea and chicken soup.…
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International Reserves, after Ringgit’s sudden tumble
No, Malaysia is not yet bankrupt and not anywhere near becoming a bankrupt nation. Yes, I believe the current intervention by BNM to help stabilise the Ringgit is perfectly fine. We are a sovereign nation and BNM should safeguard our interests first. Maybe if there are more disemmination of information on what’s happening may be…
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Iskandar’s oversupply of homes? Well, 666k homes are needed actually.
News about Iskandar Malaysia are mostly negative, especially those which were widely shared. Remember the recent one which I felt that I had to write my personal comments against it? Read here: That scary article about the US$100 billion Chinese investment in Iskandar The positive ones are usually only reported in the local media and quietly…
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11,672 borrowers managed to restructure their debts
These are just those who sought help from The Credit Counselling and Debt Management Agency (AKPK). In a news report in Bernama, AKPK said that as at Oct 2016, it has successfully solved some 11,672 management and financial restructuring cases amounting to RM476.6mil through its Debt Management Programme (DMP). DMP is a programme by AKPK which…
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Priciest offices in the world are in Asia. Where?
In my most recent trip to Hong Kong, I shared my thoughts here. We will be CLOSER to one another in the future; space shortage. I wrote about how space is a huge premium in Hong Kong. Well, in a recent report following cities were mentioned. Hong Kong Central, Beijing, Tokyo, Shanghai, Delhi and Hong Kong,…