Author: Charles Tan
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Not such a good news for property market, Malaysia
Malaysian economy is projected to be growing but on a declining mode by UBS Investment Bank. It’s Senior ASEAN and India economist Edward Teather said that the causes include a slowing domestic and investment growth due to the current fiscal restraint, prudent monetary policy and a maturing credit cycle. For 2014, Malaysia would grow by…
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Malaysia – 13,800 with US$ 1M assets
Who is WealthInsight? They are an international Wealth Research Group. I have no idea too but according to their study published in many newspapers, there were 13,800 millionaires in Malaysia, each with a minimum of US$1 million. (RM3.45 Million). Sorry, their benchmark is US$. Thus, for those who happens to already own RM1 million in…
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Little difference, thus buy RON97 instead?
RON97 gives you more power. RON95 gives you less. Thats what everyone says. It’s also proven scientifically apparently. RON91? It’s dirty and will damage your engine more than RON95 or RON97. Well, fyi, RON91 is loved by many Australians still, today and majority of cars are built to use RON91 including my rented Hyundai Elantra.…
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Holding Back, There’s too much negativity in Penang Property Market
For Penang, 2015 may turn out to be a quiet year where new property development is concerned. This is if whatever said by the REHDA Penang Chairman Datuk Jerry Chan comes true. He said due to various reasons such as rising power costs, fuel subsidy cuts and house buyers’ cautious stance, the REHDA members are…
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Recession 2014, ending soon?
One of the search keywords to kopiandproperty.my recently happened to be “when will 2014 recession end“. Haha. I assume this is for Malaysia. How can it end if it has not started. Just like the question of when will the property bubble stop. Property bubble will stop only when it bursts, most of the time,…
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Melaka: Slow, steady and coffee
Melaka. There were lots of tourists in the Jonker Street area. It was a Saturday afternoon and I was walking along the road looking for the famous cafe which has coffee from all the 13 states in Malaysia. This is my 4th trip to Melaka within 2014. Any more frequent than this meant that I…
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Ringgit down, so buy, buy and buy Iskandar? 🙂
Please allow me to smile a little. I read a report saying that Iskandar properties would be attractive to Singaporeans because the Ringgit is showing a weakening sign versus SGD. To be honest, I am not sure how much the effect would be. To me, Singaporean investors are considered quite a savvy lot. They would…
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Land cost of 13% vs GDV? Higher flexibility for property prices
Last week, GAMUDA announced that it’s wholly-owned subsidiary, Setara Hati Sdn Bhd is in progress of acquiring a piece of 257.2 acre leasehold land in Tanjong 12, Kuala Langat. Total acquisition cost is RM392.2 million. For those who has not been following land acquisitions, this is considered quite a huge number, both the land size…
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Landed properties within Penang island? Hard to go wrong.
Anyone favouring a landed property within the Penang island? With this question, I can see majority putting up their hands but a few would then ask, which part of Penang island? If it’s Greenlane, I can see 10 / 10. If it’s in Sungai Ara, suddenly, half of the ‘original’ Penangites would put down their…
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Penang affordable homes? RM300,000 – RM650,000 lah
First of all, I always think Penang property market is a resilient one. It’s prices seldom fall once it goes up. I am not sure why, maybe it’s just a plain fact that Penangites are rich. I am not a Penangite. 🙂 Anyway, it was reported that Penang would soon have affordable properties worth up…