Author: Charles Tan
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RM28,888 is an affordable increase. This is why.
What is an affordable increase? Actually this happens daily for all products we buy. The seller is always trying to maximise the profits by slowly increasing the price over the years. My personal term for it is affordable increase. These days, affordable property is the rage. Transactions for properties continue to happen and that’s because…
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COVID-19 immunity will boost the economy. Are we ready?
COVID-19 immunity will boost the economy and it’s not just ours yeah. It’s for the world. Okay, I do not think people will get full COVID-19 immunity anytime soon. However, COVID-19 immunity will boost the economy. The reason is a simple one. When people feel safer, they will be able to go back to what…
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MYRA Creates A Strong Foundation For Its Employees
Press Release: MYRA Creates A Strong Foundation For Its Employees Myra has built a steady reputation as a developer who remains abreast of industry developments and attributes its success to its innovative management style of refusing to stagnate. While many organisations erroneously feel that a start-up culture is what it takes for a company to…
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NO condition i-Sinar opens for application. Are you applying yet?
I do think this is a big news for many people, tomorrow. Yes, we are speaking about i-Sinar application. Yes, it’s about applying to withdraw our EPF money for the purpose of survival since many people were affected by COVID-19 pandemic. One thing is for sure, the money withdrawn will move into the economy quickly…
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Press Release: Petrosains Playsmart Kuantan To Resume Operations On 3 March 2021
Press Release: Petrosains Playsmart Kuantan To Resume Operations On 3 March 2021 After several months of temporary closure, Petrosains PlaySmart at the Pahang Public Library Corporation in Kuantan will reopen its doors to the public on Wednesday, 3 March 2021. Its operation hours will be from 9.00am to 4.00pm from Monday to Friday. It will…
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Property price on a downtrend, right?
Do we see property price on a downtrend? We are talking about the (Malaysia House Price Index a.k.a MHPI) and we can base it on the property price movement trend for the last 10 years. (Chart as below) Before all the homeowners start to protest and reiterate that they will NOT sell their property for…
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Press Release: Sunway Property Announces RM2.8 Billion In Launches For 2021 (47% higher than 2020), Driven By International Launches
Press Release: Sunway Property Announces RM2.8 Billion In Launches For 2021 (47% higher than 2020), Driven By International Launches Sunway City Kuala Lumpur, March 4 ~ Master community developer, Sunway Property today announced that it will be launching RM 2.8 billion worth of properties in Malaysia, Singapore and China in anticipation of economic recovery as vaccines roll-out…
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Property Market Outlook and Investor Sentiments During Pandemic
In this webinar, I will be sharing my thoughts about the property market outlook as well as investor sentiments during the CURRENT pandemic. My thoughts would be as someone not from the developer, someone not from the real estate agency, someone not from the banking industry but is someone who has kept writing for the…
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Bad Debts within ASEAN banks are Bad News
Bad Debts within ASEAN banks are increasing. I think it’s quite important to be aware of the bad debt numbers. It’s also known as bad loans or Non-Performing Loans (NPLs). This number quite frankly should be on a rising trend since many businesses have been forced to close due to the COVID-19 pandemic and when…
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Property Market Shift: Local and Oversea Investors’ Behaviours in the Aftermath of COVID-19
Dear all, see you this Saturday (6th March) at 3pm yeah. The Malaysian Property Virtual Talkshow 2021 with the title of Property Market Shift: Oversea Investors’ Behaviours in the Aftermath of COVID-19 will be happening and I am one of the two speakers. The other speaker is a super famous big brother in the real…
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Bank Negara Malaysia has decided to maintain the OPR. Read their reasons here.
We have this earlier article where I say that the cut is unnecessary unless there is the expectation that the economy going to go worse versus today. The reason is simple. By not doing it too soon, we have more rooms to move if a cut is truly necessary in the future. In fact I…
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LHDN looking to collect higher tax amount for 2021
When the tax department (LHDN in Malaysia) says it will be able to collect higher taxes next year, it tells us two potential scenarios. One is that the tax rates may be going up. It means everyone will have to pay higher taxes. This is not such a good news. Fortunately, there has been no…