Author: Charles Tan
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Happy if loan tenure extended to 45 years? Proposed…
Affordability, long time ago Before we go into loan tenure extended to 45 years topic, please allow me to tell you how many people think about affordability long, long, long time ago. My parents think of affordability based on their savings. Once they have enough savings for a downpayment for a home of RM85,000 they…
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Higher unemployment in Malaysia? 30 percent?
Many people say actually… there’s a likelihood of a higher unemployment in Malaysia. Just that these data were not captured properly. Well, I do think most people in most countries may also think the same except for a few countries yeah. Anyway, officially we are around 5% for unemployment. Earlier article here: Unemployment highest since…
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Myra Collaborates with Maybank Islamic to Ease Homeownership
Press Release: Myra Collaborates with Maybank Islamic to Ease Homeownership Homeownership is a goal that many Malaysians strive for as it marks your independence and life’s achievement that you can be proud of. But buying a home isn’t as easy as it sounds. It involves your life’s savings that go to the downpayment and other…
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ALERT. Stay home. Stay safe. CMCO starts 14th October in Selangor, KL, Putrajaya.
CMCO starts yeah. Guys, please stay safe and if possible stay home most of the time. We can do this and be successful again. Article in nst.com.my here. KUALA LUMPUR: The government just announced that Kuala Lumpur, Selangor and Putrajaya will be placed under Conditional Movement Control Order (CMCO) effective midnight Oct 14. This was…
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Could we afford an expensive burger? RM460 one?
Have you been to a restaurant and found out that the burgers are crazily expensive? Could we afford an expensive burger? Perhaps the next question would be how expensive is expensive. Which brings us to the viral news about a man who ate a burger and had to pay RM460 for it? Three sources here.…
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Alarming. Overhang property is a worry, right?
Someone posted some comments about overhang numbers in Malaysia. Overhang property is a worry, right? Overhang property looks worrying? Perhaps for many first-timers the overhang property seems scary. So, will the overhang properties crash the property market? I answer this as an owner. I have no idea. Without unforeseen circumstances, no. There’s no guarantee that…
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Positive. Malaysian household spending to increase in 2021. What about you?
It’s a simple fact. Wirth higher salary comes higher spending. If Malaysian household spending is to increase in 2021, it means that the Malaysian household income is stable and Malaysians feel positive about spending. If their salaries go up (bonus and increments), the spending goes up too. Fitch Solutions Group Ltd has just forecasted that…
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Press Release: iProperty.com.my Showcases Malaysia’s First Ever Rental Property Demand Data For H1 2020
? An analysis of rental property demand in H1 2020 using iProperty.com.my’s user visits and property listing data for residential properties in Malaysia with a particular focus on Kuala Lumpur, Selangor, Penang and Johor ? Lower-priced high-rise properties recorded a higher rental yield of above 4% compared to landed properties (terrace homes) which recorded a…
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V-shaped recovery for ASEAN + 3. Good news, right?
Everyone knows we are going to have negative GDP this year. Will there be a V-shaped recovery for ASEAN then? We could not yet shake off COVID-19. It is still around and in some countries, it has gotten worse. In fact some are fearing the the winter months will bring an even higher number of…
