Author: Charles Tan
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Only 28th most confident consumers out of 63 countries….
Malaysians are feeling under the weather in recent months. Perhaps too many negative news or never ending bad news? Yes, this is the case for property buyers too. Need more decision time. Banks more stringent. Ever more discounts and rebates are all the usual happenings in the property market. Well, Malaysia was ranked 28th MOST CONFIDENT…
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MYHSR Corp: Freeze! Can’t sell.
I think many property investors are looking at any High Speed Rail (HSR) news positively. Yes, it will take another 10 years but for those seriously thinking about investing, 10 year should not be when we start to buy. There’s another confirmation on the seriousness of the High Speed Rail KL – SG was reported…
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RM1 billion target challenging, says OSK Property
Reported in nst.com.my, the Chief Executive Officer of OSK Property said, “We are going through a very challenging economic cycle. There will be a time when the market is robust and there will be a time when the market is challenging.” He said the target of RM1 billion in sales this year will be tough.…
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Who says don’t buy Johor’s property market? You should buy!
Note, the above title is NOT from me. It was mentioned by KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan in his speech during the Malaysian Property Summit Mid-Year Review 2016. He said, “Who says don’t buy in Johor’s property market? You should buy! There are a lot of good property to…
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Buy property… stocks and wait? CIMB’s advice.
Good news for those who has some spare cash and wants to buy stocks instead of property. After meeting with about 20 fund managers and analysts, CIMB Equities Research said, “Most funds still underweight property stocks in their portfolios but we sensed that sentiment on the sector had improved compared with during our roadshow in…
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Summary of the potential of ‘twin deficits risks’ for Malaysia
Today, I read a good article summarising the potential of Malaysia having twin deficits soon. If you do not intend to read the content, in brief, this twin-deficit will not be happening within 2016. Overall, the article is a little long and thus the summary plus my personal opinions as below, the good, the not…
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Mah Sing’s RM5 billion Meridin East in Iskandar Malaysia
When I was in JB two weekends ago, I drove past a sign which said Meridin East. There was no time to take any photos as I was driving… Haha. Recently, I read about it online. I think billboards are important but the truth is only online allows us to know more. These days, the…
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Property market down cycle may be longer than usual
Another not so good news about property market Malaysia. Reported in theedgeproperty, Kenanga Investment Bank Bhd head of equity research Sarah Lim said, “The property market is going through a structural change as key property market drivers are also experiencing structural changes.” In brief, she mentioned that the property market down cycle may be longer…
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Leasehold to freehold application? Nice to note.
In a news report in Bernama few days ago, MK Land founder Tan Sri Mustapha Kamal Abu Bakar said applications to change the leasehold status to freehold for houses in Damansara Damai may be forwarded to the state government for consideration. Yea, do note that nothing has been forwarded yet as per the statement but since…