Charles Tan • The Founder of kopiandproperty.my • Page 335 of 374

The changing condo versus the loved landed. My views.

Aug 26, 2014

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Many months ago, I wrote about condo transactions going down. Recently my friend told me that she was right. Landed properties are the best because it is more limited in supply. I told her, yeah true. That’s why prices will continue to inch up. However, this is also dependent on the whole market and not…

Penang affordable properties – 51,238 applications!

Aug 25, 2014

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Charles Tan

in Uncategorized

I must share this news about real demand; Penang affordable properties. Total applications are over 51,238. Recently a few friends said that the property market in Malaysia is made up of all speculators. This is despite the fact that 84% of all home mortgages are for one property. Then, they said it must be the…

Penang Property Market – What’s happening?

Aug 25, 2014

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Charles Tan

in Expert Series Q&A (Recommended)

Do you know the actual happenings in Penang property market? The actual numbers? You have read from a lot of sources. You may have attended a lot of those previews and may be thinking of going for those workshops which will set you on the right path to be a property multi-millionaire. Most importantly though…

Eco World, its GDV and loved by CIMB, their shares still not for me.

Aug 25, 2014

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Charles Tan

in Uncategorized

Most important for any developer would be the size of its GDV. Low GDV, low profits potential and high GDV equals to higher profits. Clear? Well, Eco World’s current GDV is now RM63 Billion. This puts in behind only UEM Sunrise and SP Setia. This is indeed something amazing considering I have never heard of…

Nothing in Iskandar yet for me but does not mean it’s NOTHING to me.

Aug 24, 2014

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Charles Tan

in Iskandar / JB Property

I have no properties in Johor yet. Am I thinking of buying in Iskandar? My next property is most probably in Kepong, a secondary one, for rental. However, for those who kept saying that Iskandar is too overpriced, all the Johoreans cannot afford and that everything seems to be in millions and millions, let me…

Sungai Buloh, Rawang, distance, duration and emotional attachment.

Aug 23, 2014

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Charles Tan

in Kuala Lumpur / Selangor Props

Following up on MX-1 in Sungai Buloh which was won by Malaysia Resources Corp (MRCB). They are the lead partner and in an announcement said that they will be injecting RM816.6 million into the RM8 Billion GDV project. Size of the project is 26ha. A special purpose vehicle (SPV) would be set up for this…

Standard & Poor’s rating for Malaysia, subsidy and competitiveness

Aug 22, 2014

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Charles Tan

in Malaysian economy and BNM

There are only a few international rating agencies in the world. These rating agencies help investors decided where to invest their money and understand the risks in certain countries with weaker economic fundamentals. Today, we look Standard & Poor’s (S&P) Ratings Services which has recently given their assessment about Malaysia. This report was released end…

Penang tunnel and related highways; a hiccup with Astral Supreme’s pull out

Aug 22, 2014

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Charles Tan

in Uncategorized

Remember Penang’s tunnel project? The tunnel project which would include a 6.5km undersea tunnel connecting Penang island to the mainland. There would also be a 12km paired road between Tanjung Bungah and Teluk Bahang. This includes a bypass between Air Itam and Tun Dr. Lim Chong Eu expressway as well as between Gurney Drive and…

Ipoh Property updates: Upper East Condo, Times Square

Aug 20, 2014

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Charles Tan

in Property Perak

A personal friend went to the launching of a new condo project in Ipoh recently. Upper East by Andaman. The location is considered a prime one and the developer, not a small one even if not the top 5. For prices, do register and take a look. In terms of the concept, I think if…

Every major property market dropped, Penang stayed steady?

Aug 20, 2014

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Charles Tan

in Uncategorized

A very interesting finding even if the numbers are a little outdated. For Q1 of 2014, all the major markets showed drops. Double digits drop for Kuala Lumpur at 13.4%, Selangor at 10%. Single digit drop for Johor, at 4.5% down compared to Q4 2013. Penang is quite resilient though, dropping just a marginal 0.3%.…

Kuala Lumpur new condos are now RM700k instead of RM600k last year

Aug 19, 2014

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Charles Tan

in Kuala Lumpur / Selangor Props

Reported in The Star (16 August 2014), Raine & Horne executive director Lim Lian Hong says in Kuala Lumpur, condominium units dominate the residential sector with transactions accounting for 70% of the market. Developers are building even more high rise because this is more lucrative and condo units are now priced at RM700,000 per unit…

Economic Growth, Interest Rates, Stronger Ringgit and Slowing Export

Aug 19, 2014

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Charles Tan

in Malaysian economy and BNM, Personal Finance

After a very positive H1 2014 in terms of GDP growth for Malaysia (6.3%), the full year forecast is now expected to be stronger than that estimated previously by all analysts. Referring to StarBiz’s poll of economists, the GDP forecast is averaging at 5.8% and three economists are predicting a growth of up to 6%…

Author: Charles Tan