Author: Charles Tan
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Kuantan is now a city. How many cities are there in Malaysia?
Kuantan is now a city. It became a city on 21st February 2021. Kuantan is the capital city of Pahang. Did you know how many cities do Malaysia have? How many could you think of at the top of your mind? 5? 8? 12? Erm… you are quite far from the actual number. If you…
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IOI Properties Group improved revenue and operating profit for FY21 H1
Press release: Revenue and operating profit for IOI Properties Group improved in its firsthalf of financial year 2021 IOI Properties Group Berhad (IOIPG) reported a 13% increase in revenue to RM1.3 billion whileoperating profit was 7% higher to RM511.2 million in the first six months of financial year 2021(FY2021) in comparison to the preceding year…
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Wealth increase of 10 men is enough to buy vaccines for the world.
There are countries which have secured enough COVID-19 vaccinations for their people. There are those which are still trying to get enough. There are countries who are too poor to afford these vaccines and they will be assisted by the COVAX programme by World Health Organisation. Well, let’s be reminded that no one is safe…
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Press Release: Knight Frank- Port Infrastructure, a factor for the growth of logistics industry
16 February 2021, Malaysia – Knight Frank, the independent global property consultancy, has launched its New Frontiers – Regions of Opportunities: Infrastructure Impact on Industrial and E Commerce and Supply Chain Evolution’s Impact on Industrial real estate, highlighting the opportunities for industrial real estate in Asia Pacific. The COVID-19 Pandemic will leave a lasting impression…
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7 great reasons why secondary property market is worth a closer look.
I purchased my first property from the secondary property market in 2002. This was followed by my second property from the primary market; developer in 2007. Then, my third property was a secondary property in Kelana Jaya and my fourth was a new unit from a developer in Kota Kinabalu. Just from the first 4…
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Another OPR cut in March 2021? Really?
There’s a prediction that there would be another OPR cut in March 2021. OPR stands for Overnight Policy Rate. Briefly, this is the interest rate. The lower it goes, the more sleepless nights which those with huge amounts in Fixed Deposits would be having. However, the lower it goes, the happier would be those with…
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Press Release: Knight Frank Prime London Sales and Lettings Review
Press Release: Knight Frank Prime London Sales & Lettings Review 17 February 2021, Malaysia – Prime London Sales & Lettings Index are based on the valuation of a comprehensive basket of properties throughout the central and outer London. Prime London Lettings Report: January 2021 Average rents in prime central London fell 13% in the year…
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Tesco is now Lotuss. Have you visited one yet?
Tesco is now Lotuss. Supermarket / hypermarket business is not an easy business. It needs to be located in an area which is central enough. It needs a lot of car parks because no one buys groceries and carries bags and bags and then take the MRT. It must have lots of choices, from the…
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Resorts World Genting reopens! Anyone going up yet?(Not everything is open yet)
Before COVID-19 arrived, every time I am up in Resorts World Genting Highlands, I could see why it is a profitable entertainment resort. There are people everywhere. In September 2020 when we were allowed to travel, I went up to Genting Highands and this time, the number of visitors have gone down tremendously. Of course…
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Press Release: Lagenda Properties Spurs Affordable Housing with Shopee Partnership
Press Release: Lagenda Properties Spurs Affordable Housing with Shopee Partnership Targets the under-served B40 while fastening digital journey Confident of 2021 prospects with one township launched a year KUALA LUMPUR, 10th FEBRUARY 2021 – Lagenda Properties, an affordable home developer listed on the mainboard of the Kuala Lumpur Stock Exchange (KLSE), has partnered with Shopee,…