Author: Charles Tan

  • Penang Property Summit 2015. Not to be missed.

    For Penangites, there is an event not to be missed this coming weekend. The Penang International Property Summit in conjunction with an international property exposition would be held in the Subterranean Penang International Convention and Exhibition Centre (SPICE) from Jan 9 – 11. With a theme of ‘Managing Future Trends and Challenges;, the summit would…

  • Petrol down. Prices remain. Just us.

    I read an interesting article in a local English daily. The petrol prices has come down a lot. However, the restaurants said they can’t lower their prices. It’s funny because they said the main reason they could not lower the prices is because of their suppliers are still charging them the same. The suppliers meanwhile…

  • Oil prices, as usual.

    It’s sometimes funny to read some of the news article about the declining oil prices. One latest one in a major English daily said that with the oil prices declining, some of the oil companies in Kuala Lumpur may face pressure to move out. First question, why would they move out because of low oil…

  • Property buying? Up in H1 2015

    Assuming you can have just one choice. Do you think buyers would buy more within the H1 of 2015 or H2 of 2015? Actually, this is a trick question. If you have answered ‘H1′, it meant that you are positive about the market. In brief, it meant buyers may be rushing to buy before GST…

  • Property? Anticipating and waiting.

    There are still people who believe that state governments would do their best to help them in their quest for their first property. This belief has truths because many state governments do have plans for more affordable homes. In fact the total number for the next few years exceed whatever number that the state governments…

  • Stock down? Stock up!

    Recently, Bursa has been very volatile with a downward bias. Most days and majority of all the stocks are down. Foreign selling is still continuing and recently, the support and interest amongst the locals have been increasing. I think this is a good sign or is this the beginning of the end? Even Ringgit was…

  • First Property? Some considerations.

    First property is always the hardest, especially for a white collar executive with less than 5 years of working experience. It’s the single largest item that one would be buying in their lives. Lots of doubts, questions and worry running in my head every time I think about my first property. What if, that first…

  • Penang Property Market? Expert Series with Michael Geh.

    It’s never easy to catch someone who’s also sought after by many newspapers, especially when it comes to views about property. Fortunately, after queuing for some time, I managed to get views from my friend, Michael Geh, Senior Partner of Raine & Horne Malaysia. I have asked him a few great to know questions and…

  • Properties in 2015? Tough times.

    The Real Estate and Housing Developers Association (REHDA) has a few negative news for the market for 2015. It said that 2015 is going to be a tough time ahead for their members because of the rising costs of doing business, tight monetary policy and also the new GST. I think the rising costs of…

  • Transparency equals moderating prices?

    When it comes to speed of doing things, I like Singapore. In a news report, it was announced that net prices of each individual units sold by developers would now have to be disclosed! Yes, in other words, if a buyer somehow gets a much higher discount or freebies or exemptions than all the rest,…

  • Ipoh is also a property hotspot?

    A few weeks ago, an old friend said to me, ‘wow, Ipoh is now a property hotspot. So many new project launches’. Some time back, someone from Penang said that property market in Penang is very developed and is maturing. Let me tell my opinion in one word. Sorry. Yes, just an apology because I…

  • Batu Ferringhi and nearly 1,500 new units.

    I read a news article in a local English daily about Batu Ferringhi’s new huge development. Should we be concerned with new 1,500 units of homes being built right next to ours? Of course we would and we should. The first thing that comes to mind would be ‘congestion’. Second word would be ‘pollution’. 1,500…