Author: Charles Tan
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Will property prices ever come down? Realistically?
Few days ago, I was chatting with Ken Lim, the founder of Penangpropertytalk.com The issue revolved around the possibility of property prices downturn. Today, he wrote an article about it. Read it here. He gave an amazing example which everyone can relate to easily. His friend who owns a semi-detached home worth over RM2 million…
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Guaranteed Rental Return. Buying whole block. 85% tenanted.
A friend asked me about buying an apartment with guaranteed rental return. I think majority of anyone who has read many articles would understand that these guaranteed rental return MAY also meant that the buyers are paying for it and getting back the rental return on a monthly basis. Of course there is nothing wrong…
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Sweet 18th in the world today, Ease of Doing Business
Would the long processes of approval for new developments be a thing of the past? It may be, if Malaysia is to continue improving on its current ranking in the world for ‘Ease of Doing Business’. In the latest result, Malaysia has improved its ranking. It’s now 18th instead of last year’s 20th. The report…
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Property prices up due to GST? Developers should just absorb it.
In an online news portal, it was reported that The Royal Institute of Surveyors Malaysia (RISM) would be conducting a study on reasons as to why property price increases and provide recommendations on remedy by end of 2014. I think RISM can also talk to HBA, REHDA, MIEA etc and everyone would more or less…
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Real Estate Negotiator fined S$27,000 for sending unsolicited telemarketing.
How many of us have been called on a weekly basis by some sales persons asking us to take up personal loans? What about insurance? I receive these calls on a weekly basis and most of the time I just say no thanks. Well in Singapore, it does not end with a ‘no thanks’. Due…
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High Speed Rail? Completion Timeline ‘derailed’. 2020 not possible.
To many who were waiting to buy along the High Speed Rail, you may need to wait even longer. Instead of 2020, it may be up to 2023 before the High Speed Rail is ready. This is despite the fact that the HSR is already using as much as government land as possible to avoid…
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Buy to stay FIRST, before buy to sell; safer.
If you have been to property fairs recently, you would note the many available talks from experts and property gurus. More often than not, their presentation skills are good and their slides are very nicely done. For the speakers who did not prepare well, I think we should just ban them and tell as many…
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5,000 registered. 22,000 by state and 20,000 by private developers?
Remember an earlier article about the number of people registered for the low cost and affordable homes in Penang. Penang affordable properties – 51,238 applications! In a news article in TMI, local government exco Chow Kon Yeow said that within two to three years’ time, all the people’s needs for affordable homes would be met. He said…
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Petrol Subsidy cut totally beginning June 2015. Get ready.
Today, a friend said that she read online that from June 2015 onwards, there would be no more petrol subsidy. She was upset that the subsidy would be no more. After all the world oil prices are going down, why can’t the government just maintain the same amount of subsidy? Many people argued that there…
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MRT Tunnel boring news breakthrough – On track!
MRT Tunnel boring news. No, the ‘boring’ here is not the same meaning as not interested. It’s a tunnelling news. The breakthrough for the twin MRT tunnels right underneath Jalan Bukit Bintang has been completed. I drove past twice during the weekend without feeling anything. Then again, if I could I think I may not…