Author: Charles Tan
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Choices, choices, choices, really.
Cost of living is increasing. I would not want to deny this. However, for those who are earning more than the typical Malaysians, there are choices, really. I wanted to get a Mocca Latte Ice because it was a hot day a few days ago. There were two choices. Either at Library Cafe or Krispy…
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Renting to students works too. Let’s try.
I was at The Capital TV the other day for the shooting of Kanta Residensi. I will be featured in Episode 10. With me on the same day was a famous personality in the real estate world, Abang Ensem. He has been featured in many other TV channels. He has a blog with huge following…
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SP Setia: Launching RM4.7 billion GDV for 2016. Nice.
I would not say all developers are pessimistic because there’s one looking to launch RM4.7 billion gross development value worth of properties in 2016. This figure is for a total of 13 new launches. The developer is SP Setia Bhd and the projects include international ones such as the Melbourne-based low-rise apartments “Carnegie” (GDV of…
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Matrix Concept Holdings: 28.6 percent net profit, healthy.
Pressure has been mounting on developers in terms of selling their projects. 2016 has been a pretty ‘slow’ year. Remember an article earlier about how creative has developers become? Many have started to offer rebates, discounts and many other different attractive promotions. Of course, if you ask me, whether developers of individual sellers, desperation is…
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Phuket for the Chinese investors? Pretty real to me.
Phuket as a property destination? Possibly. I just came back from Phuket after short family vacation. It was my second trip. My 3.5 year old daughter enjoyed it so much that in the plane on the way home to Malaysia, she said, ‘tomorrow we go Phuket again, ok?’ I laughed and told her we can…
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‘Old’ Kuchai. Bigger units and affordability?
KL property market continues to offer wide range of choices for buyers, especially with more people moving into KL for work. Let’s look at Kuchai Lama today. I have visited Kuchai Lama a few times. Once for a Toastmaster’s meeting. Once for lunch with a group of colleagues and twice to the NSK supermarket there.…
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EcoWorld International : Sold close to £850 million (RM4.9 billion)
Malaysia’s property market has slowed. Both transactions and value has dropped. Read here: Lower transactions and property value in 2016. Developers who has no other markets may have little choice but to offer as much ‘special offers’ as possible to ride out the current slowdown. How long would it last? Well, some say 2016 is full…
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Good Coffee Day by Pantai Sentral Park. Interesting.
A few months ago, a marketing manager of a public listed developer asked my opinion about an event that she wanted to do. My advice was very simple, it should be something different instead of the usual. No doubt, inviting property experts to share on certain topics of interest are normally successful. How about trying…
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MRT Line 2, some recent positive updates
Greater Kuala Lumpur is definitely a good place to do property investment. We can keep blaming the jams or take some actions because MRT Line 1 would be fully operational by mid of 2017. In fact, the Sungai Buloh to Semantan station will start operations in December 2016. Yes, I am quite excited and would definitely…
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Closer ASEAN means more integration expected
I am pro-ASEAN versus the world. Many friends continue to tell me that Singapore is the leading economy in ASEAN. It’s okay, I do not wish to debate on this ‘leading’ word. I hope they continue to be successful and keep growing their population towards the 6.9 million goal by 2030. I think Singapore will…