Author: Charles Tan
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4th banknote auction: RM100 banknote won by RM50,000 bidder!
Last week I told a colleague who has one or two pieces of antique furnitures about the potential from banknotes, as long as they have special serial numbers. She did not know that even in Malaysia there is such an investment potential. I told her about the first banknote auction in Malaysia by Bank Negara…
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Property investment? Keep learning, even if opinions differ
I love to ‘debate’ with fellow property investors. I also love to learn from many of those who have done well in property investments. Sorry, I do not like flippers who over-stretched and got lucky and thus earned huge money. I wish them well. My simple financial goal is to retire earlier and to travel…
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Jan 2016 : Whopping 62 percent loan rejection
2016 is starting to look like an extremely bad year for property market Malaysia. In an article in theheatmalaysia.com, it was reported that the loan rejection for residential property was 62 percent! The total rejected loan is RM9.42 billion. If a comparison was made between the total loan applications for December 2015 and January 2016,…
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Investment? Forget physical address, get an online address instead.
We have always been focussed on real estate built from the ground up. Whether they are landed properties or high rise homes, they are physical, real and you can touch them. Actually, there’s one more real estate that we couldn’t touch BUT can be extremely profitable if we somehow managed to get a good one…
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Earning higher is great. Saving it to earn even more is vital.
If you love to earn RM39 (AU$13) per hour of manual work, you are in luck. There are a lot of these jobs in Australia. According to an article in TMI, there are local agents helping Malaysians to work as farm workers in Australia. These are temporary work as fruit pickers and sorters. One such…
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Affordable homes? Lower deposit, preferential packages and DIBS proposed
A home is a necessity. Owning one is compulsory, for everyone. Majority may not have enough within their EPF for their retirement but with a fully paid home when they retire, it will be huge plus point. This is why politics should be kept out and the genuine potential owners should be given as much…
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Low petrol prices and the property market, not easy.
A good friend forwarded to me the price for RON95 beginning 1st March 2016. The caption says, ‘great news keep coming.’ To be very honest, I love low petrol prices. However, low petrol prices also comes from low oil prices. Well, low oil prices is a big issue when about 20 percent of the country’s GDP…
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Real estate approved investments in Malaysia dropped 70 percent.
Just read another alarming piece of news for the property market, or is it? Isa crisis about to hit the Malaysian property market? According to MIDA’s numbers, approved investments in real estate for Malaysia dropped 70 percent from RM88.6 billion in 2014 to RM 26.9 billion in 2015. On an overall basis, Malaysia’s approved investments for…