Author: Charles Tan
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Slow 2015? Not for construction.
When I was still with my previous company, many developers told me that they always face the potential of delay due to the shortage of construction workers. It was the booming years a few years ago. Fast forward a few years later and the construction sector is still booming. The reason? Well, remember the property…
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IJM Land and recurring income strategy
Companies get listed in stock exchanges to get funding from the public or investors. However, after the business has stabilised and earning good profits, many companies come to a realisation that perhaps listing may not the best option anymore, once they have reached a certain size and especially if they have quite a lot of…
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Eco World – London – RM11.9 Billion.
Reported in a local English daily is another exciting project by Tan Sri Liew Kee Sin. No, this is not as big as the Battersea but RM11.9 Billion is indeed still huge by any standard. In fact this may even be higher two years later. This is Eco World Investment Co Ltd, owned by both…
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4,000 cut, locked out even.
If 4,000 people are cut from a huge international bank, what would happen? Well, it will definitely be attracting a lot of negative publicity not just for the bank but also the banking sector. Is this the start of more negative changes to come? Standard Chartered bank started its dismantling of its stock broking, equity…
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Richest? Richer by US$92 Billion.
Millions, billions and trillions. No, it’s not RM. We are talking about US$. According to Bloomberg Billionaire Index, the networth of the world’s richest 400 stood at US$4.1 Trillion. In fact, within 2014 alone, these people added US$92 Billion to their collective fortune. The amazing thing is, this is in the face of the falling…
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Penang properties – Affordability equals to Availability
The State local government traffic management and flood mitigation committee chairman, Chow Kon Yeow said that the current higher density approval of 87 units per acre may not be a permanent feature in Penang. He was speaking in the Penang Property Summit 2015 representing the Penang Chief Minister Lim Guan Eng. This change was effected…
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Slow? RM5.96b launchings in 2015
Thus far, many have said 2015 is going to be another slow year. In fact maybe worst than 2014 due to GST and the depreciating Ringgit. At the other end, Mah Sing disagrees which is a positive sign. It is launching new launches worth RM5.96b and its group managing director and chief executive Tan Sri…
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Forest City size cut by 72%? Says who?
After an earlier report in many newspapers about its total project size being reduced in size from 1600ha down to 450ha by the Department of Environment (DOE), we have a statement from the China developer Country Garden Holdings. Final decision is still pending. They also said that they are very confident because the detailed environmental…
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Getting ugly? Hope not. Better not.
I have not written on this before but I think I should pen my thoughts this time. I do not like huge banks which continue to lower their lending standards and aiming at higher profit in the expense of ‘prudence’. Their thought? As they are too huge to fail, the government will bail them out.…
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Londoners, homeless. Malaysian caused?
Before I started to write this article, I searched for properties in London at the property site called rightmove.co.uk Curious to at least understand if its true the allegations that Londoners are made homeless due to just 10 investors from Hong Kong, Malaysia, Australia, China, Sweden and Singapore. Please take a look at what I…
