Author: Charles Tan
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Better H2 2016 for Malaysia, GDP growth at 4.4%
As a property investor here in Malaysia, I remain pretty optimistic. I think as long as we do not buy with our eyes closed, we should do just fine. 2018 can either be a great year or a recession. I take a longer term view than just 2 years. Reported in NST on 8th June…
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Global growth? DOWN. East Asia and Pacific? OKAY.
When the economy slows, the property market would not be too far behind. I think latest news is pointing in this direction. The World Bank, in its latest update of its Global Economic Prospects report has downgraded its 2016 global growth forecast by 0.5 per cent to 2.4 per cent. Read what earlier predictions were…
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Time to bid and win a unit of Mont Residence luxury condominium
This is an event for Penang property market. Especially for those who believe Penang is moving in the right direction and Singapore is a good moving benchmark for the long term where the property market is concerned. For this particular event, I think one of the most important reason to drop by the Penang Property…
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An Insiders Look Into the Property Market H1 2016
In Malaysia, there are an overwhelming number of new home owners. According to the survey, among the top 5 reasons on why people invest in properties are to get higher yields on rentals (56%), for good capital appreciation (55%), for retirement planning (46%), for a better environment (46%) and to own a house due to…
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Gamuda Land’s 661 Chapel St in Melbourne, Australia
Australia’s property market is considered a more developed one than Malaysia. In fact majority of all property surveys in terms of overseas preference would always have Australia in the midst. For example: Malaysians’ overseas preference:Australia, Singapore, Indonesia and the UK Of course the property market could not be supported if only Malaysians are buying. In fact…
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Mitsui Outlet Park, KLIA: Looking fine but…
Good crowd? Yes. Car park pretty full? Yes. Lots of people in the restaurants? Not all restaurants. Enough people walking around to categorise as healthy? Yes. This was on a Sunday evening, in Mitsui Outlet Park KLIA. I dropped by after picking up my in-laws from KLIA. It was their second trip and my third.…
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Dual-key may be okay for now, triple-key coming soon?
At least two friends have asked me about the potential for dual-key units in Kuala Lumpur. Actually, if it’s for own stay, I think it makes very good sense for those who would love to stay with their parents but not within the same home. To be honest, I would love to stay nearby my…
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RM2 exchanged for RM26.3million, after over 20 years.
I dislike gamblers because I have a close friend whose family was destroyed because the father gambled so much that they had to run away from their home town to live somewhere else. Everything they had was sold and the father borrowed a lot of money from relatives too. Another friend who’s top management with…
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Sunsuria City: RM700 million Korean themed mixed development
When we consider buying a property in Selangor, there are still lots of cheaper options when compared to Kuala Lumpur. Due to the size, there are also a lot more than developers could do in Selangor versus within KL. Land size is a limitation. Read on for something exciting for many people. I think today,…
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KL prime office spaces rental rates on the way down, accelerating too.
To everyone who’s currently working within the KL Central Business District, can you just drop by your finance department and ask them if the company will be saving more money due to lower rentals? If the answer is no, then perhaps it’s because they did not bother to ask the owner for some rental reduction?…
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4.4 percent dividend yield plus potential price appreciation
Personally, I love stocks. I think if we buy a good one, its equivalent to a fixed deposit with potential capital appreciation. Nope, I am not talking about buying and monitoring every minute and selling followed by buying again. I have no interest to spend my time this way. Also, there’s no such thing as…
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Wanda City vs Disney, choosing one or going both
I have been to Disneyland France a 4,800 acres theme park in France a long, long time ago. I have passed by the one in Tokyo twice and I also chose not to enter the Disneyland in Hong Kong a few years ago because I read of the need to queue under the sun for…