Author: Charles Tan
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Malaysian homes are more expensive than Perth? I agree.
There has been a few recent reports about Malaysian properties being much higher priced in terms of affordability when compared to developed countries. I think there are truths to this as I happened to have just visited Perth. Note, I said some truths because it is not all truth as well. In Perth, I was…
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Non Performing Loan – Still safe or danger on the horizon?
Negative news sell. Positive news less. I know because all the negative news writeups are more popular than all the good news. For example, the articles on crisis will beat the articles about Malaysia being ranked more competitive etc. Thus, that’s why newspapers love to use negative news as headlines too. As long as it…
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GST for new properties. Higher than 3%? Try it and see.
While the government has announced that GST will be effective from 1st April 2015, there has also been lots of other announcements by everyone that this may not happen. Or this may happen but it will push up house prices. Some say GST will cause transactions to go down. Whatever is said is not really…
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Who’s more powerful or nothing built forever?
Remember an earlier article about 1MDB’s huge piece of land in Air Itam Penang which was earmarked for 9,999 units of affordable housing? It was said that the Chief Minister of Penang Lim Guan Eng said that nothing else must be built except for the 9,999 units of affordable housing. Since this is within the…
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Next crisis is looming – PM of 6th largest economy in the world
What if the Prime Minister of the 6th largest economy in the world tells the world that the next crisis will be coming soon? Yes, we are talking about United Kingdom’s Prime Minister, David Cameron. Would you believe it? He said the eurozone is possibly going into its third recession because of high unemployment, falling…
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Oversupply concerns? Nah, it’s still ok in Johor property market
Eventhough there are oversupply concerns, the property market in Johor remains positive. This is the comment from Malaysia Institute of Estate Agents (MIEA) Johor State branch chairman Vadeveloo Suppiah. In fact the cooling measures announced in Budget 2014 were effective in Johor and this is shown from the contraction of 1.6% quarter-on-quarter house price index.…
