Author: Charles Tan
-
Sports car? Property? Nope, better buy a small football club
Too many people own a sports car. Too many people own properties. There are not that many who actually own a football club yeah. There are certainly some rich football club owners in Malaysia but that league which most of us usually watch is English Premier League. It’s said to be the most expensive league…
-
Yes! Our monthly mortgage is now even lower!
BNM has reduced the Overnight Policy Rate! (OPR) In case you still did not know, our interest rate is now lowest since 2010. OPR has been reduced by Bank Negara Malaysia (BNM) again today by 50 basis points. The rate is currently at 2 percent. This is a decision by its Monetary Policy Committee today…
-
18,000 rent-to-own units in Penang.(not immediately yeah)
If we could not save enough downpayment for a home. Somehow, just could not, then we could also opt for rent-to-own (RTO) units. RTO meant that the buyer usually does not need to come up with downpayment and some portion of the rental would be used as downpayment a few years down the road. This…
-
Okay, meeting delayed to July 31 2020. Important discussion to have,okay?
If you have read kopiandproperty.my for a while, you may have noticed that I think the Rapid Transit System (RTS) is a very important catalytic project. It will benefit both countries because of the better connectivity between both countries. So, when are the two transport ministers due to meet? Actually after some delays, it was…
-
Property transactions Malaysia for 2019? Going up until arrival of Covid-19.
The property transaction numbers for Malaysia were announced just a few days ago. Positively, we had a good 2019. Overall number of property transactions for 2019 was higher than 2018. In case you do not know, the total property transactions for year 2018 was already a better year than 2017 even if it was only…
-
Finance Minister suggestion to BNM and the banks.
There was a huge issue these two days. It seems that the Hire Purchase moratorium does not include the exclusion of interest. Many have been sending the message that it should be waived and pointed that it was earlier communicated as such. This is the earlier article: If you need the moratorium, do what your…
-
If you really want the moratorium on your Hire Purchase, just do what your bank says.
By the way, it’s very important to understand that when we owe someone some money, we need to pay it back. That someone may tell us that they will not charge us interest because we are their good friend or they may tell us that interest will be levied. To me, both are just fine.…
-
New norm is smaller offices? New norm is flexibility, not about smaller offices.
Are you working from home? I bet you have to because it’s either work from home (for those who could do it) or no work to do (many do not get their monthly salary). With so many people working from home, some say that in the near future office space will be in trouble. The…
-
That very important base for Effective Selling: Features vs Benefits
Selling is a fundamental skill everyone needs. Whether it’s a startup CEO pitching to investors or a real estate agent selling a property or even a head of department telling his team about his product vision. Yes, even a Finance Manager will need to sell benefits of his proposed new accounting system to the management…