Charles Tan • The Founder of kopiandproperty.my • Page 328 of 374

RPGT – 30% flat rate for properties sold within 10 years.

Oct 8, 2014

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Don’t sweat, yet. This was proposed by the National House Buyers’ Association. It’s honorary secretary-general Chang Kim Loong said that further tightening is necessary despite the falling transaction numbers. This is because there are still property speculation. His opines that if the buyers are really buying for own stay, none of them would sell within…

Cooling? Warming? Heating? What’s up?

Oct 8, 2014

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Charles Tan

in Malaysian economy and BNM, Property Singapore related

Singapore’s HDB flat’s resale prices are on a downtrend even if not a lot. According to their Urban Redevelopment Authority and even some reports in the media, prices have gone down 6.8% since the 3rd quarter of last year. In Singapore, there’s no fun trying to guess because the home prices are as updated as…

Changing strategies in an oversupply residential market?

Oct 8, 2014

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Charles Tan

in Iskandar / JB Property

A Maybank analyst said in a local daily report that Malaysian developers are now switching their strategies from all residential into landed and industrial properties. The reason is because the incoming supply of these new residential units would cause an oversupply situation by end of 2015/2016. For many years, the launches of residential high-rise in…

Hey, do it well, sell it well. Don’t free so many stuffs.

Oct 7, 2014

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Charles Tan

in Basics – Property Investment, Property Penang

I realised one common thing recently. Developers are giving more freebies and special deals these days. Okay, maybe not all developers but the numbers have certainly increased. For some, the value of the freebies are up to RM50,000. On one hand, these developers are saying that their margins are lower but here, they are giving…

Three major reasons why landed is better than condo. Hmm….

Oct 7, 2014

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Charles Tan

in Basics – Property Investment, Condos and High-Rise

Today, I had lunch with a very capable young friend. She is many years younger than me but she already owns her own business in partnership with a very prominent personality here in Malaysia. A rich one. Over lunch, we were talking about her first property and I asked why is she not thinking of…

Double storey terrace in Kota Kinabalu outskirt is now RM450,000

Oct 6, 2014

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Charles Tan

in Property Sabah

Double storey terrace in Kota Kinabalu outskirt is now RM450,000. Is this expensive when compared to outskirts in KL? For example Sungai Buloh? How about mainland of Penang? RM450,000 is not actually expensive. However, in 2007, the same property was just RM210,000. Now, it does seem high. This is an increase of 11.5% per year.…

Idle money, savings in bank, unit trusts and more

Oct 6, 2014

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Charles Tan

in Personal Finance

What do you do with your money these days determine how far you can stretch it and how fast you can grow it. I read in an article in a local daily that the bank deposits growth rate from individuals are actually rising the slowest for the past few years. One main reason stated was…

New MB should review the latest property guidelines by the last MB

Oct 5, 2014

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Charles Tan

in Kuala Lumpur / Selangor Props

Recently, there was an article in a local media which asked the new MB of Selangor to cancel off the new foreigner property purchase guidelines by the last MB. These are the reasons. Stakeholders should be consulted before these measures are implemented. Neither the MIEA nor REHDA was consulted. The measures will cause the market…

China’s Property Market Rescue Package Deployed

Oct 5, 2014

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Charles Tan

in Property news beyond Malaysia, Uncategorized

I read from a Reuter’s report on China’s property market today. Why do you think some of the biggest developers in China are venturing into Malaysia? There is a huge oversupply condition in China’s property market today. Empty units and these days, some developers who just could not find buyers had to stop building and…

334sf for RM5 Million. Pretty expensive? It’s a ‘modernised’ historical unit.

Oct 4, 2014

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Charles Tan

in Property news beyond Malaysia

334sq ft home for RM5 million in London. Read this piece of interesting property news in Propertyguru. The price is said to be the highest ever for such a unit. The unit is a 100-year lease studio flat at 42 Upper Brook Street. A long history was mentioned for the units which was designed way…

High Speed Rail (HSR) for KL – Singapore. 2015 Tender.

Oct 4, 2014

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Charles Tan

in Iskandar / JB Property, MRT LRT ECRL HSR etc

There were some rumblings about whether the High Speed Rail (HSR) would benefit Malaysia as much as Singapore. It is said that the project will benefit Singapore more. My personal view? As long as there are benefits to both countries and it is an enhancement in connectivity between two small countries when compared to Thailand…

Proton Saga, Proton Shares, Proton Iriz, DRB-Hicom shares

Oct 3, 2014

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Charles Tan

in Uncategorized

Many years ago, my sister bought her first car, a Proton Saga. (Pic). Suddenly, there were many of these on the road instead of the previous model which had been sold far longer than my primary, secondary and Degree years combined. I drove my sister’s car. It felt much more firmer and everything seemed intact.…

Author: Charles Tan