Author: Charles Tan
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Financial Tips 2016
This article was first published in NST dated 11th January 2016. After a SLOW 2015, what would 2016 bring us? More negative news? Well, no matter how negative or how positive, we must stay focussed on our investment goals. If we do nothing, then when we need to retire, we really have nothing much. These…
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Lower transactions and property value in 2016
It does seem that it’s never ending cycle of bad news for the property market of Malaysia. Okay, if we really read about some other prominent markets, the bad news have also started. For some, like Singapore, it has moved to a ‘arctic cold’ stage for the agents. This was a recent comment from my…
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The ageing Singaporean population equation and Iskandar
Many countries, especially the more developed ones are facing an ageing population. Thus, many are trying their best to attract talents from overseas. One country which is certainly extremely aggressive in attracting overseas talents is our neighbour, Singapore. Honestly, if they do not succeed in attracting more new talents, it may face a bleak future.…
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We have limited wealth, thus stay focused on building it up
The prices of condos in certain areas have reached RM1 million even for just a slightly over 1,000 sq ft unit. There’s already no way for me to buy it anymore even if I work harder. It’s too late. I might as well just keep renting. Everyone my age is doing the same anyway. How…
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Property market from my observations on potential buyers
A close friend who is working in a public listed developer told me that she may have to work during the upcoming Chinese New Year (CNY). This is because opening during the CNY is considered a wise decision. Many decisions to buy could be easily made during these family gatherings. Some may be coming back…
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Penang property prices has started to drop in Q3 2015?
First of all, I must say thank you to my good friend, Michael Geh, Senior Partner of Raine & Horne International Zaki + Partners Sdn Bhd for providing these good charts of the Penang property market. Let’s start now. When I saw the average numbers for Penang, I wanted to tell my wife that the property…
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The “chirping” Singaporeans in Iskandar
A WhatsApp friend sent this to me many years ago, even before Ringgit was at current low point versus the S$. “Why do Singaporeans make chirping sounds when they are in Iskandar?’ Naturally, no one knew how to answer. The answer? The Singaporeans would keep saying, ‘wah… very cheap… very cheap…’ So, in brief, they…
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Slowing market and the auction potential
It’s not important to know about the slowing property market and do nothing. It’s more important that we learn about some potential ways to take advantage of this situation. Remember, UMNO. Uncertainty Means New Opportunities. After some following up, finally managed to get my good friend to share for our learning. My honour as his…
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Overspending to ‘enhance’ image is very Sxxxxd.
Do you believe someone would be crazy enough to spend all his money on a BMW and then eat bread and instant noodle because he does not have enough money left? I happened to know one many years ago and I read about the second one today. First of all, I have no idea if…
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450 potentially interested property investors is a good sign
It was the Bank, Law, Tax (BLT) talk today. Yes, it’s organised during a time when everyone within the property world are negative except for those who must say good things about it. Haha. Yes, I am personally confident that I would be able to find good deals within 2016. At least one, I hope.…