Author: Charles Tan
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Too positive, Too negative, Your decision.
You are too positive. Someone told me this the other day. It’s funny because I agree and yet some of my friends actually think I am too pessimistic too. This is especially when they ask me about properties priced at RM800psf and whether should they buy for INVESTMENT purpose. My answer is always, not for…
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Next 5 years, better invest in Malaysia – Fortune.
Recently, it has been mostly negative news if any when it comes to Malaysia. From oil prices affecting the economy to oil prices affecting the currency and to oil prices affecting even the Malaysian economy, everything is about how oil prices is wrecking havoc. Even with the decreasing petrol prices, all the restaurants have shown…
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Property Prices – PRIMA should help, IF.
“If a PR1MA house only cost around RM250,000, who would want to buy a house from a private developer who fixes the price between 20% and 40% higher? This is the view of Rahim and Co Chartered Surveyors Sdn Bhd chairman, Tan Sri Abdul Rahim Rahman. Personally, I do not agree totally because I have…
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Kidex: go, go, go or no, no, no
A day before, there were reports saying that Kidex has been scrapped. Main reason was because Kidex has failed in an independent study. A day later, Kidex said that the project is still being considered. It said that the report of an unfavourable assessment report is untrue. It further said that Petaling Jaya City Council…
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Klang Valley – Retail Space Over Supply
I do not believe average income is a good measure when it comes to the ability to purchase property. No developer would be building based on this average too. Most probably, they would take the median income instead if they indeed do their research before building. This is the same reason why retail space should…
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Borrowing costs remain at 3.25%
Today (28th Jan 2015), Bank Negara Malaysia has announced that it will maintain the borrowing costs at 3.25%; unchanged. This was widely expected even though an adjustment upwards would have lent some support to the weakened Ringgit. It said that the current monetary policy i accommodative and appropriate given the current financial and monetary conditions.…
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RM50,000 for one (1) car park, would you pay?
To be very specific, 8 years ago, I paid RM10,500 for an additional car park when I bought my Penang condo. I told my brother-in-law and my brother to buy one. Both did not eventually as they felt RM10,500 was very expensive just for an additional car park. Over the years, the price for a…
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550sf vs 1,000sf, choice is clear to me
On and off, I read articles on how best some interior designers redesigned a tiny small space into a liveable space. For some cases, it is tagged as desirable space. In a recent article, someone bought a small garage, made it into a very nice little home which can even be used to host parties…
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Capital Control, not this time
It was 1998. I was taking the module of ‘International Business in Emerging Markets’ for my first degree in Bristol when the lecturer asked the class what do we think about Malaysia’s capital control. In brief, I replied that capital control allows breathing space for some measures to be implemented. Then, the lecturer said that…