Author: Charles Tan
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31 new MRT stations; look out for more choices
I was often asked this question. Where to buy? Well, I asked them back, ‘where do you think you should buy?’ The answers are mostly those few areas. Haha. Yes, they include the MK, the B, the C, the DPC and even the P. Haha. Maybe you can guess who are some of those friends…
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Zepp Hall Network in Bukit Bintang City Centre too
2 days ago, I wrote about LaLaport opening in Bukit Bintang City Centre (BBCC). Read here: LaLaport Mall from Japan in Bukit Bintang City Centre by 2021 Another interesting name has been announced as coming to Bukit Bintang City Centre. It’s Zepp Hall Network. Yes, I guess everyone would be scratching their head about this name.…
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BNM: Risk of oversupply is real within the next 2 years
I believe there is an oversupply of new malls. In fact within the Klang Valley alone, there are more malls than what I could visit in a year, even if I visit a different mall every weekend! Read here: Seriously, when there are just too many malls Of course, this has nothing to do with more…
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LaLaport mall from Japan in Bukit Bintang City Centre by 2021
I read in Nikkei Asian Review that Mitsui Fudosan will develop a nine-storey, 45 billion yen (RM1.6 billion) mall in Malaysia together with Eco World Development Group and two other local partners. This will be its biggest project for a commercial facility abroad by a Japanese real estate development and it will be a LaLaport…
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Households Malaysia: Financial assets up RM97.9bil vs RM70.4bil up in debt
First, let’s talk about potentially a bad news. Malaysia’s household debt-to-gross domestic product (GDP) ratio increased to 89.1% in 2015. It was 87.9 percent as at end 2014. Read here: Household Debt Malaysia? Better In other words, the household debts in total is actually worsening. Want to know what some other countries are doing? Well, take a…
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Still true, “property prices too high.”
I wrote about this nearly 2.5 years ago. The amazing thing is, the property bubble bursting predicted by my very successful friend has not yet happened. My friend is now already a Director in a US- Multinational. His salary would be the envy of majority of all Malaysians, perhaps including me. Read here: Property Prices…
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2019 should have “cheap rental” for office space in KL?
If there is an oversupply, prices should drop. It does not apply only for residential but also for offices. Businesses may be spoilt for great choices if there are oversupply of office space. In fact, one major reason why Singapore is one of the most expensive cities in the world is due to its property…
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JB to become the next KL in future, I agree.
I read an interesting article in Thestar online this morning. The Sultan of Johor said,“Johor stands in a season of transition. Being high-growth, socially progressive and strategic, the state is well-poised to assume greater significance in the overall journey of the nation.” I do think this will happen and it’s a matter of time. The…
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Expert Series with Khalil Adis: The ‘tough’ questions for those waiting to buy
Khalil is a much sought after speaker and real estate consultant by many developers and thus it is my honour to be able to catch him for this Expert Series focused on answers for those playing the waiting game. Seriously, it’s foolish to buy without understanding enough especially when there are both over-supply of luxury…