Author: Charles Tan
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Zeti: GDP up 4.7% for Q3, ringgit significantly undervalued
It’s okay, as usual I have yet to see even a single Facebook sharing about this piece of positive news. Reported in many medias, for Q3 2015, Malaysia’s gross domestic product (GDP) expanded by 4.7 percent. It’s lower than Q2 but is within expectations of majority of all analysts. It also meant that the 2015 projected…
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OECD Cuts growth. Another negative.
In case anyone missed an earlier article, do read about Citibank’s prediction of a global recession in 2016. Read here: Getting ready for the next global recession? In some recent news, the OECD has cut its global growth forecasts, sounding the alarm on stagnating trade. This also meant that the global recession may be coming…
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Osram and the massive RM4.67 Billion Kulim investment
In my previous role, I used to travel to Kulim High-Tech Industrial Park almost weekly. There were many huge multi-nationals there. I always think it’s impressive because somehow Kulim has managed to attract so many international giants to set up their plants there. Talents meanwhile are okay to work there due to the good potential…
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DIBS? Yes, it’s a comeback potential
Remember the days when everyone, even those without sufficient downpayment could afford to buy a new condo? Okay, I am exaggerating, maybe not everyone but the majority of fresh graduates with a stable job. The happy days for these buyers were over when Developer Interest Bearing Scheme (DIBS) was cancelled. I remain a firm believer…
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Plenitude: Landed helps, high-rise deferred, GDV 12 billion
When I buy stocks, even the undervalued ones, I would always focus on those which are cash rich or low debts. The reason is because these would be companies that may withstand some slowdown, as long as they did not make a huge mistake in their business. One such company is Plenitude Bhd. For the…
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It’s renter’s market, that’s why best to buy
Reported in The Star recently. An interesting property market thought by Siva Shanker, the immediate past president of the Malaysian Institute of Estate Agents (MIEA). He said that due to the oversupply of condos, the rental charged is likely to drop 20 percent to 40 percent. Many buyers are finding it hard to sell their…
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Malaysia: Exports still up, exceeding expectations
Another piece of encouraging news. With support from markets as diverse as the European Union, China and the US, Malaysia’s exports jumped 8.8% to RM70.20bil in September from a year ago. This is much higher than the expectations from economists which put the export growth at 3.6%. According to the Statistics department of Malaysia, on…
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Rejuvenate and enhance Bukit Jalil, get three pieces of land
Bukit Jalil Sports Complex has been around since the day I started working after my first degree. That’s 17 years ago. It will now be redeveloped by Malaysian Resources Corporation Bhd (MRCB) into Kuala Lumpur Sports City. It said that this will be a vibrant sports hub which will not only be accessible to athletes but…
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Melaka Gateway and RM43 Billion China investment
Last year, I read some news about Melaka Gateway and I wrote an article about it. Read here: Melaka Gateway, stay away or buy? Another piece of Melaka Gateway property news appeared in a few online medias today. Perhaps Melaka Gateway is now becoming more serious. China was said to be investing US$10bil (RM43 billion…
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Why am I receiving so many great offers?
I am not sure if it’s just me but these days, I get no less than a few offers for property in my Facebook page every day. This, coupled with the SMSes meant that I have so many opportunities to get rich via property investment, if only I have enough ‘bullets.’ These attractive offers include…
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Plaza Rakyat and another China developer, Debao
Another KL property news. Many Chinese (China) developers have set up huge development bases in Malaysia. It began with Iskandar but this has since moved to the Klang Valley. Recent one was Agile, with their Mont Kiara plan. Read here: Huge developer, big intention, starting with Mont Kiara One more was in the property news about…