Author: Charles Tan
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Opening in time for Christmas – Sunway Velocity Mall.
My personal belief for malls in the Klang Valley is this. The more the merrier because the good ones will prosper and the not so good ones would have to buck up or fade away. Just look at that few popular ones and we would understand that newer but less impressive malls will not be…
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Property Malaysia: Slight price drop and rental market growth for 2017
PropertyGuru brought together a distinguished panel of industry experts and speakers for its PropertyGuru 2017 Property Outlook Forum to provide insights into the prospects for the Malaysian real estate sector in 2017. I think many are waiting for some insights because of the current challenging overall market in Malaysia. (Especially when it comes to sentiment…
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Education savings fund can be complemented by property too
Property investment must NOT start before we have enough savings. It should also NOT be the only form of investment, I think it’s too risky. It will NOT give you quick returns, thus aiming on a longer term is super nice. A colleague asked me about advice on some education savings fund. I told him,…
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Subsidy is bad. Competition is good. Honesty still exist.
I know of many horror tales about taxi drivers in Malaysia. My ex-country manager was charged RM25 for a 800m journey. All other taxis she asked told her that’s the fare! I have never used UBER and have used Grab only a few times with the last one being a few years back. These days,…
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Median home prices – Australian cities. (by Corelogic)
Average property prices are not the best numbers. Assuming transactions of 3 units of RM1 million and another 7 units of RM300,000 homes would reveal an average price of RM510,000. Totally not reflective of the property market at all for both ends. This is the reason why when we look at the average prices for…
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All the countries are worst compared to the U.S. economy? NO!
During lunch today, my colleague said better change more Ringgit into other currencies first. Ringgit will continue to depreciate. I disagree and repeated, ‘US$ will continue appreciating at least until their direction is clearer or after the rates have risen.’ Ringgit is way too small a currency to defend against all these huge movements. Fortunately,…
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2017 prospects for property market Malaysia? Well…
Thinking about property? We can read some conclusions and expert views from these forum panelists in the recently concluded PropertyGuru 2017 Property Outlook Report & Forum. They include The forum panelists are quite impressive. They include Dato’ Charon Mokhzani, Managing Director of Khazanah Research Institute (KRI), Datuk Seri FD Iskandar, President of the Real Estate and Housing…
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Bank of England: Financial stability a challenge because of Trump and Brexit
First of all, I am NOT a supporter of Brexit. I believe that Britain and the European Union (EU) as partners are better than both separated; economically. On a longer term, depending on how well the European Union could leverage on other stronger economies within the EU, perhaps Britain would face more challenges because it…
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Medical fees will always be more expensive in future. Think.
My wife gave birth to my son in Parkcity Medical Centre nearly two years ago. The delivery cost was 30 percent higher than when she gave birth to my daughter in Pantai hospital in Penang two years earlier. When we first started to visit Parkcity Medical Centre, it was newly opened and there were hardly…
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IOI Properties: Higher Revenue and Profit
It’s not an easy time for property development. So, it’s not a great time for developers. Those who has more flexibility is pushing back or relaunching some developments with some tweaks in sizes and prices. In fact as most of the statistics are showing, new launches are mostly below RM500k these days. Great time for…
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850 sq ft apartments for BELOW RM230,000
Do you prefer to get a new home? I think for those who are looking for affordable ones, it may be advisable to also look at some government schemes. How about one at a pretty good location for just RM230,000? It’s not just the property price. Location is not one of those far away places.…