Author: Charles Tan
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Be careful with property investment today
“Prudence is a key accounting principle which makes sure that assets and income are not overstated and liabilities and expenses are not understated.” I learnt this in my first few lessons on Financial Accounting during my Pre-University days. I do not think this is a principle practised by every company these days, especially when expansion…
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Bandar Puteri Warisan by IOI, a comfortable home in Sepang
I have no idea where Sepang is until the announcement that the Kuala Lumpur International Airport (KLIA) will be located in Sepang. That was also when I learnt from my uncle who stays in KL that Sepang is a little town very far away from Kuala Lumpur (KL). He said he could not understand why…
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Why Chinese investors are warming up to Malaysia’s property market
The participation of Chinese developers, especially in Iskandar Malaysia is encouraging. In fact, their plans for Iskandar is nothing like what we have seen before. What about Chinese (China) investors? Are they also warming up to Malaysia’s property market? What do they like, where do they like and why do they buy? Let’s learn from…
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BNM cuts OPR, a positive surprise for economic growth
I just wrote about this recently. Read here: Accommodative stance needs a further boost, lower OPR? Today, it happened. Bank Negara Malaysia (BNM) has cut the overnight policy rate by 25 basis points to 3.00 per cent. This is considered a surprise move as analysts were mostly thinking about a cut only towards end of the…
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Cash Flow vs Capital Appreciation
I have lunch with this friend nicknamed K.K. every week. This is one smart guy who is already driving a fancier car than me and talks about property day in and day out. Recently, he just got another home loan approval for a landed property in Klang. Yes, banks are still approving loan applications for…
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Positives for Malaysia, stock market and Ringgit
Following was a positive news reported in a local media recently. For the first 6 months of 2016, the total outflows by foreign investors only amounted to RM48.6 million in total. Yes, this is considered extremely healthy. In 2015, there was a total of RM19.5 billion net outflows while in 2014, it was RM6.5 billion.…
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Glittering gold amidst faltering growth
I bought some gold via CIMB gold account last year in September. It was my first time as I have never invested in gold before. I was worried of course because it was something very new for me but I went ahead as I were buying very little. Even if the price it goes up…
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Accommodative stance needs a further boost, lower OPR?
Let’s look at a few predictions first. Recently, World Bank cut its earlier projected 2.9% global economic growth forecast in to 2.4%. The 2.9% forecast was just few months ago in January 2016. In April 2016, International Monetary Fund (IMF) revised its global economic growth outlook for 2016 downwards, from earlier forecasted 3.4% down to 3.2%. The…
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Eco World International IPO delayed to September 2016
I love Malaysian developers who are able to exert their presence on the world stage. Of course, these developers should make sure they are already doing well domestically first. 🙂 Let’s look at one recent news about Eco World International (EWI). It will delay its initial public offering in Malaysia from mid 2016 to September…
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Is this the starting point for crazy parking space price?
How much can ONE (1) car park slot be worth? Well in some places, it could be so expensive that just buying that spot is already like buying a secondary condominium here in Malaysia. Read here: RM348,000 for a 12-square metre car park slot In Hong Kong, a car park space in the CBD may…