Author: Charles Tan
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Electrical goods manufacturer, a developer too!
Another non-developer entering the market to become a developer. This time is is a electrical good brand manufacturer for which I am quite familiar with in Malaysia. I once bought its electric oven for a close friend’s house-warming party. In it’s announcement to Bursa Malaysia, it said that the original plan was to developer the…
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Condos of around 1,000sf or higher; my better choice
Someone asked me the other day, why do I focus more on condos which are around 1,000sf or higher. Well, I trust my personal hunch with or without statistics. Whenever we visit any mall, one thing will be very clear. The number of baby shops are increasing. Just look at the supermarket where you usually…
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Penang’s increasing population equals long term demand
According to Affin Hwang Capital Research, the property market of Penang will continue to be supported by the many major projects driven by public-private partnerships (PPPs). Some of them include the RM27bil Penang Transport Master Plan (PTMP) as well as a proposal for a RM11.3 billion business process outsourcing centre and an international technology park by…
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Disallow my Facebook access? I resign.
I read something interesting when I was on board a plane to Bangkok. It’s in the image beside this article. 39% of employees would resign if their current employer forbids them from using Facebook. While some would point out that these people are just plain foolish, I think it’s important to look at it from…
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No.1 and No.5 largest economies may increase rates SOON
When growth is strong, interest rates should be adjusted. It should not be too low because it may create unnecessary wastage or inflation. In other words, less speculative activities. For example, when people are way too bullish, they may simply buy more properties, causing property bubble to build and when it become unsustainable, everything falls…
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Landed, Kajang. RM500k to RM600k.
A friend showed me his future Kajang home which was bought for his retirement. He said his wife and him would be walking in the park within the development. I added, ‘how about hand-in-hand under the stars?’ He just laughed. Anyway, it piqued my interest to take a look at Kajang which has never been…
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I do not believe majority can buy RM900psf, sorry.
A close friend again asked me about a condo in a hotspot. It’s around RM750psf and her agent is telling her that this hotspot is worth buying. There are not that many of these around anymore. Majority of the condos in the area are already at this price if not higher! My answer remain the…
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Ringgit is undervalued. I agree.
Today, a friend asked me what would happen if ringgit were to hit the US$1 to RM4 level. I said, it’s already above the psychological RM3,80 level many times. In the near term, I do not think there would be any drastic actions being taken. There’s just nothing to be done when it’s pure negative…