Author: Charles Tan
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Guangdong, Melaka and top nautical hub
Melaka is not a main property play for many. In fact that question of buying Melaka properties is often a secondary item, behind Klang Valley, Iskandar, Penang and even Kota Kinabalu for some. Actually, I think every market has its attractiveness and the fact is that when the primary ones move up, the secondary ones…
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Why is the property market subdued currently?
The reasons always stated for the current market condition has always been the government’s cooling measures, the implementation of Goods and Services Tax (GST), the falling ringgit versus US$ and SGD, the political situation and even oversupply. When we add up all these, one newspaper article likened it to a ‘perfect storm.’ In other words,…
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Sustainability is about money and responsibility
The topic of Penang’s middle bank is up for discussion. There are no fire without smoke and even though there has been no official plans from the state government on whether to allow reclamation on the middle bank, I think would it would be one of the options for the funding of the Penang Transport…
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My MUST have list for malls, both old and new
Everyone have their favourite malls. I think today I will write about what I hope all malls would have to provide, especially to valuable shoppers like me. Haha. I buy all my groceries from the supermarkets within malls every week. Majority of whatever I normally buy are also from within malls. From my Macbook to…
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PR1MA buys Glomac land for RM145.59 million (16.9 ha)
For developers, it’s not the best time to be holding lands and not doing anything. Current negative sentiment is persisting despite earlier predictions about a better H2 2015. Ringgit has gone up slightly but is still very volatile as the expectations of the decision from Federal Reserve overrides whatever story we may have over here.…
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Household loans growth? Slow and slowing too.
Are people still buying cars, properties and even smartphones? Of course they are, but signs are there showing ever slowing trends. An article in The Star showed the chart for loans growth for both the household and business from August 2012 to August 2015. Still remember the alarm about the extremely high household debt to GDP?…
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Lower end, Higher end and Mixed Blend?
This article is written in response to a discussion I had with a few friends who are also property investors. What’s happening to property market Malaysia? One of them kept pestering me if the market is good enough to buy luxury properties today. I told her that her term of luxury property is not the…
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Healthcare next to Singapore? Hard to go wrong.
I was hospitalised in the Singapore General hospital once. I had the appendicitis operations there simply because I was in such a pain that it was unimaginable to come back to Malaysia. I might not have survived too. I took the air-conditioned room instead of the one with just fans and the bill came to…
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Setia City’s first high-end high-rise residential
I like Setia City Mall. Read here: Set City Mall, a mall I like, more than Paradigm Mall However, I am not yet prepared to travel daily from Shah Alam to my working place in downtown Kuala Lumpur on a daily basis. Added to that would be the fact that I would prefer a gated…
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More cooling measures? Some said not likely.
To those who are waiting for even more “bad news” to happen before buying their first property, think again. Buy objectively and not wait for the lowest price, no one in the world knows when is the lowest price. Perhaps during a crisis but in a crisis, you would not dare to buy anyway. According…
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Has Malaysia’s fundamentals suddenly changed better?
I received a few comments when I wrote this: Malaysia will be facing a tough situation soon, wow So, has Malaysia’s fundamental suddenly changed within the past few days? The answer has to be a yes because the Ringgit jumped up the most within a day versus USD since 1998. Anyway, nothing has changed. It just…