Author: Charles Tan
-
KL – SG High Speed Rail, still many things to talk.
Reported in many media today. I think it’s pretty official now that the High Speed Rail between Kuala Lumpur – Singapore will definitely be ready only in 2022, earliest. According to Land Public Transport Commission’s chief development officer Prodyut Dutt, details for contracts for the construction would be known in two years. This takes into account…
-
Luxury condominiums oversupply in Kuala Lumpur
I wrote an earlier article about luxury condominiums. Read here: I do not believe majority can buy RM900psf, sorry Well, one article appeared in a local English daily quoting many famous property gurus which tells about the oversupply situation of luxury condominiums in Kuala Lumpur. It quoted Savills Malaysia’s Asian Cities report which revealed that…
-
Hedging? Do it now, for future. Property in Australia?
One MORNING session lady radio deejay who knows very little about investment was trying to talk about the topic of ringgit’s depreciation. Actually there are hundreds and thousands of topics that she could focus on. Well, one caller called in and say that everyone must start to hedge before ringgit falls further. Valid point. Then,…
-
Ringgit down, thus property prices up.
Reported in an English daily quoting someone in the property industry. Ringgit is depreciating, therefore property prices would be hiked up? Reason given is because the materials are becoming more expensive and workers are asking for even higher pay. Assuming that I agree with this assessment, it is best for anyone who says so to…
-
Small but sure steps for ASEAN closer integration
I do not think anyone would be able to read this news in any property portal. It’s okay, you can read it here. Haha. Central banks of Thailand and Malaysia has taken the first step in making the trade relationships between both countries to a new level. In the future, instead of relying on the…
-
49,000 sq ft land size and RM548 million GDV
Reported in a few English dailies. How much returns can we expect from a plot of land with the size of 1.12 acres (about 49,000 sq ft)? No idea about the actual net profit but what about a gross development value of RM548 million? Suddenly my jaw dropped. Wow. Well, one boutique developer is doing…
-
A brief update – latest milestone
kopiandproperty.my was started by me from a bed in Damansara Specialist Hospital on 28th November 2013. Yes, just 21 months ago. Today, kopiandproperty.my has a total of 1,140 articles. 98% written by me. 🙂 Grateful to the 2% external writers. Thank you everyone who has read, shared or commented. Just refer to the two images.…
-
How about Desa Petaling for your home? Still affordable.
I was at Desa Petaling to sign some documents at my lawyer’s place on Monday evening. I arrived at his office at 540pm and left around 6pm. It’s a weekday, thus jam is expected. I wanted to just drop by any mall for a nice dinner. As per Waze, it would take me an hour…
-
I also hope US economy will show great numbers.
The anticipation is ‘killing’ many smaller economies for which currencies are not considered on an equal basis with the US Dollar. When there are uncertainties, all the ‘savvy’ investors would flock to hold US Dollar whether or not the US economy is actually doing better or worse compared to the smaller economies. Well, the current…
-
Mah Sing scaling back, revising target downwards.
Mah Sing has decided to scale back its launches as well as setting a lower sales target for 2015. Instead of RM3.4 Billion worth of launches, it would only be focussing on RM2 Billion launches. Sales target is also revised downwards from RM3.4 Billion to just RM2.3 billion. I think I have to hold on to…