Author: Charles Tan
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Merger is off. CIMB, RHB, MBSB.
I have written about this earlier. Read here: CIMB, RHB, MBSB potential merger. Just 1 cent view. Let me conclude it for now since the merger has since been called off. Majority of all the reports are relieved that the merger did not go through. To them, the market situation has changed. The merger would no…
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RM2.4bil for ‘underwater’ land? Yeah.
I love joint ventures, especially one which involves a huge piece of land in an area right next to Singapore. I love it even more when that piece of land is said to be worth RM2.4 billion. I am very sure, the people who still say Iskandar is a ‘dying’ potential would now come out…
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New Budget 2015 and 1998 crisis
Has everyone read at least 20 articles online or on newspaper about the revised Budget 2015? I am very sure you know the details by now? Main points include a cut of RM5.5 billion, deferment of electricity tariffs, getting more Chinese visitors from China and a revision of fiscal deficit from 3 percent to 3.2…
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IOI, Affordability in Bangi
I like IOI Properties. The reason is because the condo I bought from them in Penang gave me a very good home for 6 years and I recently sold it for a very good profit. Thus, I consider them to be a good developer. Of course this is very personal and depending on circumstances too…
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London properties down, affecting Britain’s number.
Last year, London propped up the national average of house prices in Britain. There’s no such support this year. Centre for Economics and Business Research (CEBR) expects London to fall 3.3 percent this year. Before everyone say, oh dear, another down, more to come? Do note that London has been rising for many years. If…
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From Penang to Bali, a new love?
I have been to Bali 4 times thus far. I love every trip and I would like to go again. It’s affordable enough, small enough to travel and yet big enough to have lots to see. It’s peaceful enough and I do not feel like it is an unsafe place or somewhere I feel every…
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The ‘Accessibility’ Popularity
Generally, everyone tends to agree that the upcoming MRT will bring real connectivity to the masses. Thus, it cannot be wrong to buy next to, nearby or very near to a MRT station. Even the usual talks during fairs would tell you that buying near MRT cannot be a wrong decision. Developers are also advertising…
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Iskandar? Hold 20 years?
Remember just three years ago, Iskandar as a topic of property investment was hotter than your frying pan? Well lately, every article is about how Iskandar should no longer be a place for you to invest because of a host of issues. Oversupply, oversupply and oversupply. Haha. No joke, if there are articles which does…
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Forest City scaled down 30%
Remember the controversy surrounding the Forest City project in Iskandar? Many reports said that the whole project may be scaled down 70%. It has been finally revealed that green light has been given for the project to continue BUT it has to be scaled down by at least 30%. From the initial 1,978ha, it is…