Charles Tan • The Founder of kopiandproperty.my • Page 353 of 374

Tuesday – 1st April 2014 – MyHome Scheme opens

Mar 29, 2014

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This is a scheme whereby the government would provide a RM30,000 incentive for each affordable house. The developers may build the units and every unit would receive a subsidy of RM30,000. The government has set aside RM300 million for this scheme which will enable the allocation for 10,000 units of affordable homes nationwide. What’s in…

Secondary Property Market – Volume Down, Value Remain

Mar 28, 2014

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Charles Tan

in Condos and High-Rise, Property Penang

A close friend told me today that our common friend is looking for a bigger place, preferably over 1,000sf for RM600,000 and in the middle of Tanjung Bungah and Bayan Baru. She does not want Jelutong. I told my close friend, ‘Don’t worry, just wait….. and wait….. and wait…..’. Yet, I feel if she has…

After 4 years of BULL, this year is BEAR (for how long?)

Mar 27, 2014

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Charles Tan

in Iskandar / JB Property, Kuala Lumpur / Selangor Props, Property Penang

Affin Investment Bank Bhd said that Malaysia’s property market is heading towards a cyclical slowdown after 4 years of property bull cycle. It expects developers to have lower take up rates and weaker margins due to the higher competition as well as tough government property cooling measures. Some of the measures implemented by the developers…

Moody’s rating for Malaysia and the 86.8% household debt versus GDP

Mar 26, 2014

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Charles Tan

in Personal Finance

In The Star online today (26 March), Moody’s Investors Service said that it expects Malaysia to be able to withstand external financial shocks due to its strong external position and large pool of domestic savings.Currently, Malaysia is rated at A3 (positive). What’s the meaning of this rating? The actual definition is ‘Rated as Upper Medium…

What is Base Rate and why is it replacing Base Lending Rate?

Mar 26, 2014

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Charles Tan

in Personal Finance

I remember long time ago, when I took my first home loan, it was BLR + 1%. Then, it became just BLR. Soon it became BLR – 1% and today we can find home loans which are BLR – 2.4%. Base Lending Rate was supposed to be what it’s name suggested, the base lending rate.…

Luxury condo and Ipoh Jam

Mar 25, 2014

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Charles Tan

in Condos and High-Rise, Property Perak

How many times have you heard of jams caused by the MRT project? How about the jam across the causeway from JB to Singapore? The next news, you would not hear often. JAM in IPOH caused by a 23-storey luxury condo development! Yes, heavy jams in my beloved city of Ipoh because of the construction…

Relevance of top 5 future home trends in UK vs Malaysia.

Mar 24, 2014

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Charles Tan

in Condos and High-Rise

I read an informational article in The Star Online today. ‘Top 5 Future Home Trends’. I would not say its findings are extremely surprising but it’s really relevant to anyone and everyone who’s thinking about investing in property. It reinforces the idea that property investment is for the long term further. If we assume UK…

Potential 100% growth in property prices – Buy now or how?

Mar 24, 2014

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Charles Tan

in Condos and High-Rise, MM2H, Property Sabah

I read this in Daily Express (26th Feb). No, this is not Greater KL or Penang or Iskandar. This is Kota Kinabalu which is the third highest in Malaysia in terms of increase in property prices. According to Francis Goh who is Shareda’s President, for the past 5 years, prices in Sabah has surged between…

Property Investment? – Focus is key

Mar 23, 2014

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Charles Tan

in Condos and High-Rise

A friend said, she will start to buy properties soon. That was few months ago, she has yet to start though she kept telling me that she saw so many advertisements etc. I think the reason why she has yet to start is simple. She has yet to understand what she really wanted to achieve,…

Property prices in 2013 for MANY countries – falling or rising?

Mar 23, 2014

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Charles Tan

in Property news beyond Malaysia

I just read this news in propertyguru.com.sg. According to Global Property Guide, Singapore home prices fell 0.9% in 2013 after a 1.13% dip in 2012. This meant that prices has been falling for two consecutive years, albeit marginally. I personally think this is a good sign. I have at least 3 Malaysian friends working in…

Come on, just fill in and sign. Be responsible!

Mar 23, 2014

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Charles Tan

in Personal Finance

Touch wood but if something happens to you today, do you know where would your EPF money be going to? Your parents? Your current wife? Ex wife? Children? Who? According to Deputy Finance Minister Datuk Ahmad Maslan, 9.75 million out of 13 million EPF contributors have yet to name their nominees for their savings in…

Klang Valley office supply is still considered ok – C H Williams Talhar & Wong

Mar 22, 2014

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Charles Tan

in Kuala Lumpur / Selangor Props

Not too long ago, my colleague who bought a commercial property said that she has managed to secure a tenant for her unit in a new departmental store in Damansara. She said many people has told her that buying commercial properties are dangerous today. There’s huge over supply. I happen to know a few years…

Author: Charles Tan