Author: Charles Tan
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Warning on Iskandar from Monetary Auhority of Singapore
Reported in an online daily. Oh dear, even the Monetary Authority of Singapore (MAS) has something to say about Iskandar. It said that it is concerned about the rising oversupply of new properties in Iskandar and it will try its best to raise awareness of the risks involved in buying overseas property. Fortunately, it said,…
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Q1 GDP passed with 5.6 percent growth
Today, before I start to write, I would like to point out a few blind, deaf and dumb fools who commented on Bank Negara Governor, Tan Sri Zeti Aziz. One commented that Zeti must be sleeping on the job for not investigating 1MDB. Another said that she is just a follower and would not dare…
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Spotting signs of a property bubble, 3 points (updated)
On and off, there are comments on Facebook which predicted that Malaysia’s property bubble is about to burst. Currently, the most popular prediction is that of Iskandar. Actually, the main reason for all the cooling measures by Bank Negara Malaysia (BNM) is to contain any dangers of property bubble building up. So, do you want…
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Havoc Hartanah Iskandar Malaysia – Perception versus Reality
If we do not know why we buy at the time we bought, it’s no longer investment. It’s gambling or speculating. If it was because our friends bought and thus we bought, that’s called following, blindly. Both are very far away from what should be a calculated investment. Thus, knowledge is essential. Understanding is critical.…
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Kelana Jaya, upcoming RM1.8 Billion GDV by Sunway.
I take special interest when it comes to Kelana Jaya. I feel this is a good place except for the jam along the LDP. Then again, if you can be like me who goes to the gym early in the morning to stay fit, anywhere is good. Sunway Berhad (Sunway) have bought a piece of…
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Retail numbers and credit card spending down but….
I read something which I fully expected. The retail sales are expected to slow down for 6 months, beginning April. According to Retail Group Malaysia (RGM), which tabulates quarterly retail data, the reason for this slow down is because consumers are more cautious and taking a “wait-and-see” approach due to the implementation of the Goods…
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Policy rates unchanged and should be for 2015.
Actually, it has been widely expected by majority of all analysts that Bank Negara Malaysia (BNM) would continue to pursue an accommodative stance for the economy. This is to push the local economy upwards amidst current slowdown. This is despite Ringgit’s weakening and volatility due to many uncertainties such as negative sentiment from GST implementation…
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Election result in UK boosting demand for property
London’s property market is alive again, after the UK election. David Cameron will continue as Prime Minister and this time, without the need of support from any other political parties. He is the one who said that the next crisis is coming. Read here: Next crisis is looming – PM of 6th largest economy…
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Cheapest and most expensive in Mont Kiara
Read an interesting list in theedgeproperty.com It showed the cheapest projects and the most expensive projects in Mont Kiara. As usual, I have little interest in the most expensive. What about the cheapest? Since Mont Kiara is considered a very good area to stay in? Well, according to the charts, the cheapest condo in Mont…
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Stay serious. It will ‘Green’ Malacca and all other cities.
I think I have written before on this. There can be thousands of laws to tell developers to behave but if no enforcement is carried out, this will come to nought. This may have happened in Melaka but it should happen in every city that we have here in Malaysia. Profit oriented is fine but…