Author: Charles Tan
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Klang – KL for work on a weekday via bus, just 40 minutes
Everyone knows MRT does not link Kuala Lumpur to Klang. Many would also think Klang is a bit out of the way if their working place is in Kuala Lumpur. Truth is, I have many friends who comes from Klang on a daily basis. While they also agree that it’s far but I think if we…
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What’s your net worth aim?
I heard someone said that Singapore has more millionaires per population than anywhere in the world. Well, according to Forbes, it’s about one every 36. Yes, quite an amazing number because if you are a Singaporean and you are graduating with 36 other students, one is already a millionaire. Note, the term millionaire here refers…
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2-storey shophouse for RM7 million; 20 ft x 200 ft
Many years ago, someone told me that the pre-war houses were being snapped up by some investors who are turning them into commercial concerns. The price then was mentioned as RM200,000 as these shophouses require huge investments to make them safe, usable and perhaps a viable commercial concern. Just some time back, some articles pointed…
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Cooling measures must include more affordable units
For those who have been reading kopiandproperty.my for some time, you would know that I do not believe cooling measures would cause prices to drop a lot. Maybe for the way too highly priced ones. Those units which are not interesting for the super-rich but not really affordable for even a household with two managers.…
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An answer for Penang Transport Master Plan (PTMP) LRT by end 2015
This is something which I have written many times and I wish that it would come true as soon as possible. With further delay, Penang would soon be gridlocked and growth would stall. Read here: What’s up Penang? Jam has worsened. I am talking about the Penang Transport Master Plan (PTMP) which was awarded to…
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Why rebate, why not launch ‘correctly’
I have a small group of colleagues whom I lunch with on and off and the topic is usually property. One thing we have in common is our dislike for rebate. Why must the developer give huge rebates? Well, if it is due to the current slowdown and they are able to give rebates, does…
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What is flipping? Is it short term speculation?
A good friend commented the other day that I am a ‘safe’ investor. She said that I am not a flipper. (Also known as a short term speculator). Well, the conversation started with some Facebook campaigns which said that ‘flipping is the best strategy’ for primary market. After some thoughts, I think I am also…
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If it’s really that negative, is it not time to be positive?
A few days ago, I was talking to two attractive ladies, both growing in their careers. One is renting and another just bought her first property and was surprised when her loan was approved because she heard that many loans were rejected. Both of them said that every conversation they had with anyone is always…
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I hate it when US economy has bad news.
Just read this in The Edge Malaysia. I hate it when there are bad news for the US economy. Come on, grow and maintain the growth! Latest jobs data for September showed that the numbers are far short of expectations and with this comes the potential delay of an interest rate hike. Federal Reserve is…
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Iskandar: Three more theme parks in final talks
Reported in Bernama, Iskandar Regional Development Authority (IRDA) is in final talks with at least three theme park operators. Announcements could be as early as end of 2015. It’s chief executive Datuk Ismail Ibrahim said these projects would be part of the RM30 billion targeted investments for 2015. According to him, Iskandar Malaysia has achieved 48%…