Author: Charles Tan
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4 reasons why America likes Malaysia as a base in Asia
Actually, it’s pretty easy to choose these days if I am an American MNC looking for a base in Asia. If I am an American MNC and I wanted a good base for everything, I would choose Malaysia. Why not Indonesia? Yeah, there’s the ‘feel good’ factor of the new Indonesian President together with a…
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New Marina Park in Penang island on a 129,000 sf reclaimed land?
I read something exciting if it materialises in Penang. A new Marina Park in Penang island, along the Tanjung Bungah road on a piece of 1.2 hectares (129,000 sf) reclaimed land by the sea? According to an online article, the state government’s investment arm Penang Development Corporation may be developing a new marina park in…
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Sales target cut last year, Overachieving target this year.
UEM-Sunrise’s branding advertisements are running on radio every day. I hear them every morning on Melody FM. For those who know the age group that listens to Melody FM, it’s ok. I admit. I am no longer as young as I was. Haha. Last year, due to the gloomy outlook, UEM-Sunrise slashes its sales target…
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Affordability, Availability, GST and More Money (new income tax rate)
This article was first published in the Property Hunter Magazine, Nov 2014 Issue. For more articles, please refer to their online portal here. Property Hunter. Budget 2015 tries to address two chief concerns in the property market; affordability and availability. In KL, the average price for property has reached RM700,000 and has shown no signs…
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Saving up for your baby’s future? How about ‘saving’ via property?
A colleague asked me about advice on some education savings fund. I told him, honestly, whatever fund you intend to start saving for your new baby’s education, it should be complemented by a property strategy. Then, I asked him, how much do you think is enough for an education fund? He said if overseas, half…
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65% probability – recession by end 2015
65% of probability for a recession by end 2015. Yes, you can read this on many news site online. This is the latest prediction by a company which was famous for its accurate predictions of the 1929 crash as well as the recent mortgage crisis beginning in 2007. The Jerome Levy Forecasting Center said that…
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Why Malaysia need 8 Million homes based on current population?
An article was widely shared recently. The main headline was that Malaysia needs 7.8 million homes. This is based on the 30 million population and a ratio of 4 to 1 home. The article further stated that as of today, Malaysia has around 4.7 million homes. Thus, you can see the huge gap between the…
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Easiest way to bring down home prices – build too many
There has been non-stop articles about this. The reason for house prices being so high is because there are insufficient number of houses being built on a yearly basis compared to the rate of urbanisation, etc, etc, etc. This may be true for some people but I seriously do not think so. The reason is…
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Overnight Policy Rate on 6th Nov meeting? Non-Issue.
Remember at the beginning of this year, everyone was speculating on when would Bank Negara Malaysia (BNM) increase its Overnight Policy Rate (OPR)? It seemed so important but the latest one was no longer so important. Perhaps because no one is expecting any further adjustments until Q3 of 2015? In fact, one reason why the…