Author: Charles Tan
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Great view, good price, secondary condo in Penang
I was in Penang recently to visit my sister’s new baby. I took the opportunity to drop by my condominium which will be rented out soon. I love condos. I feel it’s hard to buy a landed home if the landed home does not come with a club house these days. A few days ago,…
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Top Four Tips for Property Investment
Please enjoy another informative article from loanstreet.com.my Property investment: it’s the domain of property tycoons and multi-millionaires, isn’t it? Not necessarily my friend – with a bit of capital, some know-how, and lots of research, even you can start your own little property empire. Whether you’re aiming high and dreaming of becoming a big property…
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Education, really that expensive?
A friend told me that since I have two kids, I better prepare RM1 million for each of them. I looked at her and said, ‘Stop joking. Why would they need so much money for?’ She said that just education alone would cost more than half of the RM1 million today. Again, I asked her…
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EPF’s CEO on the same side as me on forex.
I personally dislike buying and selling currencies for profits. Read here: Hedging? Do it now, for future. property in Australia? Coming back to forex, just look at those small countries where its currency could be easily manipulated. Seriously, do these countries benefit when the “investors” gain or lose money from the speculative activities? Let’s also not…
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YES, RM2 billion Toyota plant in Klang is confirmed
With investments comes jobs and with jobs comes salaries to buy properties. Haha. Yes, Klang folks would benefit from the latest announcement by UMW Toyota Motor Sdn Bhd (UMWT) who confirmed that it will build its second plant in the country. This will help to double its production to 100,000 units a year when it…
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2014, 2015 were UNFAVOURABLE years. 2016 is MIXED.
A good friend who was a real estate negotiator in Penang quit his job a few months back to take up UBER driving in the Klang Valley. He said, he will earn enough money toby a property in Kuala Lumpur. For a few months he drove 14 hours a day and he struggled with the…
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Fiabci Prix d’Excellence Awards 2016 – Malaysian winners
My good friend Michael Geh forwarded one piece of good news for Malaysian developers in the world stage. It’s the 67th FIABCI World Congress which was attended by approximately 500 real estate industry leaders from 65 countries. It is held in Panama City, Panama this year. In fact this the first time this respected industry…
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Retail Malaysia? Still growing lah, moderately.
I do not believe retail Malaysia is on a downtrend. It’s consolidating. Bigger and better malls are attracting bigger and better crowds. Smaller malls or retail spaces are slowly dying. On an overall basis, the numbers are still growing. Read here: Higher end retail still okay? Growing 3-4% Anyway, many colleagues disagree even though many bought new…
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Negative day indeed for Malaysia
Bad news do come at once. Date is 23 May 2016. The following were all news in the media within the same day. All are bad news indeed. EPF reports that its investment income has fallen by 36% in Q1 2016 and the whole 2016 would be a tough year. Chief executive officer Datuk Shahril Ridza Ridzuan…