Author: Charles Tan
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Buying homes for the first-time? Go for government schemes
We have often heard of the ever harder to obtain mortgage approvals. Seriously, is this due to the applicant or the bank? Actually, not entirely true but assuming we could not get one from the private sector, we should goto the government. As per the advice from The Association of Banks in Malaysia (ABM), first-time home…
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MRT Line 3 (Circle MRT Line) study submission by end 2016.
I love MRT news. MRT Line 2? Come on, that’s already an old news. MRT Line 1 is undergoing final tests for phase 1 to be operational by end 2016. The construction has even begun for MRT Line 2 SSP (Sungai Buloh – Serdang – Putrajaya). So, what’s new? MRT Line 3, also known as…
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Media: Who’s mainstream, who’s downstream and who’s “upstream”?
I read a very interesting article in thecoverage.my Let’s look at just a few quotes from Tan Sri Vincent Lee. He said, “Digital media is 24/7 , follows us everywhere we go, even to the toilets. Now it’s even in the semi rural areas as long as Internet is available.” Another one, “If you are a…
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Slowing but growing, Q2 GDP at 4 percent
Q2 GDP growth for Malaysia is 4 percent. As they say, there’s always two sides to a coin. This is even lower than Q1 which was at 4.2 percent but 4 percent meant that the economy continues chugging along, slowly. Our new Bank Negara Governor Datuk Muhammad Ibrahim said, “All sectors saw growth except for…
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RM15 billion development in Bandar Puncak Alam
I attended an external training the other day in Klang and one of the participant came from Bandar Puncak Alam. When asked if Bandar Puncak Alam is inside Shah Alam, she said no. A check in google map showed that Bandar Puncak Alam is 35 minutes or 30km away! Shah Alam has always been a popular choice…
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Dividend yield for REIT? Sunway REIT’s at 5.5 percent
First of all, I do not own a single unit of Sunway Real Estate Investment Trust (REIT). However, I have always believed that if we want to enter the property market but we are worried with volatility, REITs provide that opportunity. If I tell you that a property related stock has a dividend yield of…
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South East Asia Property Awards (Malaysia) – All the winners
It was an honour to be invited for South East Asia Property Awards (SEAPA) held in Intercontinental Hotel yesterday evening. Thank you propertyguru.com.my and would love to be invited every year. I enjoyed the evening thoroughly as I met many developer and media friends. The top honour in SEAPA (Malaysia) went to Sime Darby Property…
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The slow but resilient luxury condo market in KL
This particular news about KL condo scene, I think I got it from two first hand information. A friend related to me how tough it was to rent out her condo nearby KLCC because there were just too many competitions from the market, plus many newly completed ones too. Another friend who travels to China…
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Getting the most out of life need not be all about money
There’s one blog I read occasionally, mr-stingy.com It has nothing to do with me being stingy. It has many good articles and I like the way the articles are written. Professionally written yet very real and touches my heart. Some very good ones are here: The Best I like his story even if it would be…
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Two more huge malls opening in Cheras
Seriously, how many malls do we need in the Klang Valley? Or specifically within Cheras and both are ONLY 800 metres away from one another? Should we even buy KL properties due to new malls these days? Well, two more coming up in Cheras and they have over 2million sq ft net lettable area (NLA)…