Author: Charles Tan
-
Property prices up 50%, how much is your profit? (Updated)
A friend of mine who is a sales manager in an online company told me that she earned 50% profit the other day as soon as her new property was completed. She had bought the property for 4 years. Actually, if your investment of 4 years earns you just 50%, it’s above average but definitely…
-
World Bank: Preaching is easy. Doing is hard.
Yes, I am talking about the other largest financial institution that countries can go to should they really need help. The other being International Monetary Fund and the 3rd largest would be Asian Development Bank followed by the the about to be formalised Asian Infrastructure Investment Bank. (AIAB) Read here: US$100 Billion new Asian Infrastructure Investment…
-
Maintenance is key to secondary high-rise properties
I could not believe it when a close friend sent me a photo of the lift panel of a condo project. At least half of the buttons were malfunctioning and the ‘G’ was also not working! She tried to stop at Level 1 but when she tried to go down via the staircase, the door…
-
Mainland Penang rising, secondary choice to island ending.
If you stay in Penang, mainland is considered a secondary choice. Island is the main focus and majority would choose to stay in island over mainland. Well, one major reason would also be due to the employment opportunities in the island. Think of any foreign multinational paying higher than the usual salaries and you would…
-
Buffett’s advice and Federal Reserve’s decision.
The day was speculated to be June 2015. Now, it has been pushed back to September 2015, potentially. If the US economy continues to be weak for Q2, rest assured that the date would be delayed further. Yes, we are talking about the Federal Reserve raising interest rates once the US economy recovers strongly. The…
-
Malaysia – Singapore. Not just one new bridge. Few bridges please.
In a news report recently, it quoted Minister for Youth and Sports Khairy Jamaluddin as saying that he hoped that a new bridge can be discussed by both Malaysia and Singapore Prime Ministers during the leaders’ retreat soon. He said that the new bridge would be a symbol of future bilateral relations. In fact the…
-
Occupancy at 85% BUT 75% over 16 years old.
There has been many reports about the state of office occupancy in KL city centre. Most of the reports point towards oversupply. Well, six more new buildings have joined the office space scene. They are Menara Bangkok Bank, Ilham Baru Tower, Naza Tower KL City, KEN TTDI, Menara MBMR and The Crest Sultan Ismail. These…
-
GST, the cause of everything negative today.
An old friend told me that the coffee he is drinking together with me has GST. He said poor people will find it very hard to cope. Actually I have explained before but I think I will just let him be my good old friend instead of trying to debate. I will write instead. Actually,…