Author: Charles Tan
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Challenging 2015 but more affordable offerings and rise of mainland
My good friend Ken Lim of penangpropertytalk.com recently wrote an article which helped to summarise Penang’s property market for 2015 and the property outlook for 2016 within one article. I think this is worth sharing because majority of all my readers may not be well versed with the Penang property market. Actually, Penang may not be…
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KL office rental under ‘threat’ due to over-supply.
There has been reports about KL office space under pressure due to the pulling out of some oil and gas companies. With the current oil price, I think it will be some time more before any of these oil and gas companies hire aggressively again Keeping that high paying job may be on the minds…
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Aspen Group: Growing fast, listing this year.
I wrote about a RM299,000 condo in Penang by Aspen in 2014. It garnered lots of interest within the first few hours. Read here: Buying Penang condos? 14,000 views in 3 hours says it all Aspen is considered a new developer based in Penang and in a recent news announcement, its chief executive officer Datuk M…
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Latest study: Expansionary zone for Q1 2016
Working in KL and looking at Klang Valley properties? I know these days, comments from all your KLite friends are negative and media reports are RED. I can safely say that I remain optimistic and will continue to view properties. Buying or not depends on the attractiveness of the said property versus the price that the…
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Singapore Transport Ministry: Not yet ‘true’, still discussing
I read some news online about the High Speed Rail (HSR) having two services. One is direct while another is with transit stops. In fact many were sharing and I think the general consensus is that this is a good plan. I personally also agree that there should be options too. In fact, if there…
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Best time ever or worst time ever for property market 2016
I have been asked nearly daily on what will happen to the property market since 2015 has been a bad year and 2016 is going to be another year we want to forget. Let’s not forget, 2014 was also a “so so” year and 2013 was the start of it all. My answer is as…
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Pressure to earnings and increasing NPLs
Is a financial crisis coming to Malaysia? Well, the first sign would have to come from the banks. Thus far, none of the banks in Malaysia are reporting losses. However, as per reported in many local media, the earnings of banks are down versus the years after the 2008 financial crisis (US Mortgage crisis). Major…
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BURSA top picks – Buy and keep in 2016?
Two research houses gave their outlook for 2016. Looks promising if what they are predicting comes true. They are CIMB Research and MIDF Research. As usual, not everything that the research houses predict will come true.The actual analyst doing the research may be someone slightly better qualified and has more information than us. The person…
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IMF’s Lagarde: 2016 will be “disappointing”
Do I believe the InternationalMonetary Fund (IMF)? Well, let’s just say I will believe what I want to believe from what I read. Okay, reported in many media from an article in Reuters, IMF managing director, Christine Lagarde said that the rising interest rates in United States and economic slowdown in China were contributing to…