Author: Charles Tan
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41,990 sq ft land next to Berjaya Times Square RM3,300 – RM3,500 per sq ft
A good friend commented the other day that the number of property transactions are going down because the economy is very bad. I reminded him that the economy is far from ‘very bad’ but sentiment can definitely be classified as ‘bad’ plus negative too. His wife disagreed with him too and said in fact, this…
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Kuching, that city I wanted to buy a high-rise unit.
I used to go to Kuching often. Perhaps once every 2 years or less. I think it’s clean, better managed than many other cities in Malaysia and lots to see and most of their attractions are considered well maintained in comparison to many in West Malaysia. I will be going again this coming October. Every…
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Pound Sterling and US Dollar at parity?
When I was in Bristol, UK for my first degree, the Pound to Ringgit went up to RM8 to 1 Sterling Pound! Yes, that was in September / October of 1997. Well, those times have passed. These few weeks has been pretty bad for the Pound because of Brexit referendum. The UK public has made…
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Homestay better than long term rental?
If we could earn RM1,000 per week by renting out your current property, would we do it? I would, of course. As per an article in TheStar, quoting numbers from AirbnB, the RM1,000 per week may be more real than a dream. Take a look at the image. The lowest happened on the list happened…
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Jakarta’s emergency law to attract real estate investments
Two years ago, I was in Jakarta and I stayed in a condominium cum resort within the Jakarta city. As usual, I looked up the price of that condominium and I was extremely surprised at its affordability. When I checked, I realised that foreigners are not allowed to buy properties in Indonesia, unlike Malaysia, Singapore…
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Hap Seng’s Kuala Selangor land buy and GDV of RM9.3 billion
First of all, I still own 1,000 units of Hap Seng Consolidated Bhd. Yes, too small to amount to anything except for potential dividends for a good dinner with my family. Hopefully, it continues to do well and this is reflected in its share price. Well, as per TheEdge, Hap Seng Consolidated is buying 36…
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Kids love Farm in the City.
Okay, not too related to property. However, if you are staying not too far away, this is definitely a plus point for your home. This is a special article for parents with little ones. There’s a nice place you should bring them to. Farm in the City, Seri Kembangan. Can also be Puchong as well.…
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Iskandar and Chinese companies, another RM 2 billion coming
RM2 billion is indeed a HUGE number. Very few of us would ever have even a fraction of this amount in our lifetimes. For Iskandar Malaysia to continue growing, it would need billions, the more the merrier. Well, another RM2 billion is on the way from three big Chinese companies. According to the Johor Domestic Trade,…
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International Reserves – RM390.4 billion as at 30th June 2016
Hope everyone is at least aware that sudden financial crisis most probably would not start with Malaysia, based on the reserves numbers. Do google for the reserve numbers of some of the other more developed countries to understand my meaning. 1998 vs today? Actual statement from Bank Negara Malaysia’s press statement on 5th July 2016.…
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Georgetown’s Rent Control may be coming back, improved version
I think this is good news for Georgetown. I personally support a better protection for Georgetown Heritage site to be always Malaysian. Read earlier article here: Protect Penang’s Heritage buildings for future generation As per reported in many local medias, the Penang state government is looking to reintroduce an improved version of the repealed Rent Control Act…
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MRT Line 2, Sungai Buloh – Serdang – Putrajaya (SSP) updates
I have faith with the Klang Valley property market. I also have faith with many further and secondary areas which will be connected in the near future. To me, it is never just that few areas always loved by many. It happened to be way too expensive for the majority anyway. Secondary areas would get…
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4 MISTAKES to avoid in property investment
I read an interesting piece of news today in NST. Taiwan has mistakenly fired a ‘carrier killer’ missile towards China. Fortunately, this missile flew only 75km and dropped into the sea off Penghu which is still within Taiwan’s waters. As per reported, it was a human error. Unless we believe machines are about to gain…