Author: Charles Tan
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Penang: Fertility rate of just 1.5 and 1,300 net migration.
When I got to know that Malaysia’s average fertility rate has gone down to just 1.9, I thought it was low. Read here: 2015: Fertility rate dropped to 1.9 for Malaysia Well, reported in a local English daily, the fertility rate in Penang is just 1.5! Some of us may then point out that Penang continues…
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Genting’s GITP, Guinness Book of Records and near full occupancy
When I was still based in Penang, I used to visit Genting Highlands at least once a year. Today, I can visit Genting Highlands every weekend, if I wanted to because from my home to Genting is just 55 minutes. It’s a good place to relax and yes, try my luck. For every trip, I…
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Malaysia will be facing a tough situation soon, wow.
A close friend forwarded a WhatsApp message a few days ago. It was a warning which was about the number of people who have been laid off by MAS, RHB, CIMB, a few manufacturing companies and even PLUS which is said to start laying off since it has started to operate many cashless toll stations…
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486 acre Bandar Malaysia, shortlisted 4 preferred bidders
The show must continue, especially for a piece of land which is considered prime. Yes, this is the Bandar Malaysia’s 486-acre project. According to the adviser for Bandar Malaysia, CH Williams Talhar and Wong (WTW), a total of four companies/consortiums have been shortlisted and approved by 1Malaysia Development (1MDB) as potential development partners. Bandar Malaysia…
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More below RM500k units but unsold units at 78 percent
I think everyone is aware that the property market is entering a slowdown period. The total numbers were lower for Q1 2015 versus Q4 2014. Well, situation may be even slower than anticipated or the sentiment is even more negative than I thought? Well, according to Real Estate and Housing Developers’ Association Malaysia (REHDA), for…
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Property bubble? US$286,000 versus AUD660,000
When we google for property bubble under ‘News’, Australia is one of the first few one countries to be mentioned. Of course, no one has any idea if a bubble is forming and there are points supporting both sides of the debate. However, an article I read in The Sydney Morning Herald pointed out the…
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UEM Sunrise Bhd – time to buy property stocks?
What can you buy for RM106? A dinner for 2 in a nice restaurant without wine or 55 litres of RON 95 Unleaded petrol for a travel from KL to Penang and from Penang back to Ipoh. Or you can also buy 100 units of UEM Sunrise Bhd from Bursa Malaysia. Sounds like a good…
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Chill, this is not Tun Daim’s comments
Someone told me about Tun Daim’s comments about the impending bankruptcy of Malaysia due to the ‘worthless’ ringgit in September. The person also said the best would be to move whatever Ringgit I have into other currencies or out of Malaysia to save what I still have. I replied honestly, ‘I only have money within…
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Property exhibitions minus the banks?
Every time there’s any property exhibition, be they big or small, there are bound to be many financial institutions. This is because when we are interested with any property in the show, the banks would want to be the first in our consideration. A latest statement from the Real Estate and Housing Developers’ Association (REHDA)…