Author: Charles Tan
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How low can property prices go?
Actually, can also ask this instead. How long can home owners hold versus having to sell their properties during a slow period? It can also be how long can potential home buyer wait and see while continuing to pay rental or whatever payment if the house they are eyeing is for own stay.
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Property market Malaysia. Recover soon or recover later?
During the media briefing on Rehda’s Property Industry Survey 1H2022 and Market Outlook 2H2022 and 1H2023, Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk N K Tong said that Malaysia’s real estate industry is unlikely to recover to its pre-pandemic level in the next three to five years.
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Economy Malaysia: 14.2% GDP growth for Q3 2022. Super high, good or just okay?
GDP growth number is always a comparison with the same period a year ago. Thus, a high number for Q3 2022 may also because of a low or negative number for Q3 2021. Nevertheless, please do not take away from the fact that a growing economy is still a growing economy and to look into…
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Travelling to Hong Kong? Tips to handle the 0+3 here.
A friend thought Hong Kong is still under strict lockdowns. He thought people are still staying home and shops are under restrictions etc. I think I need to explain on behalf of Hong Kong which has just moved into 0+3 travelling arrangement just a few weeks back. I think it’s fair to say that despite…
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Economic outlook and working from home, do they mix well?
Majority would prefer to earn the same pay and yet could work from home. That’s a lot of savings in time, money and mental health; no traffic jam, no stress. Actually, at best, this would be temporary and more and more companies will be getting their employees back to office. This is not just the…
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Meta and Twitter are becoming a smaller company (headcount wise…)
You must have read, somehow. You may be surprised. You may be thinking if this is a global phenomenon. Well, these two companies have been on the news every day. One is helmed by Mark Zuckerberg and the other by Elon Musk. No idea if both are great friends but they have decided that in…
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EPF Malaysia says RM600,000 needed to retire comfortably
Many years ago, a good friend said that she would need RM2 million to retire not-so-comfortably. That’s many years ago, probably she would have changed the retirement fund aspiration higher. Well, the Employees Provident Fund (EPF) says that Malaysians should have at least RM600,000 in order to retire comfortably in major cities. I read through…
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Too many bad news. Stop buying property.
The issue with social media these days is that we are tricked into believing what we read is the truth and that’s far from the truth. Engagement is key. Thus, social media platforms will do their very best to show you things you lik to read. What you like to read would then be the…
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Fixed Deposit rate will be higher now. Happy?
Okay, when our Bank Negara Malaysia (BNM) increased the Overnight Policy Rate (OPR), then the banks would adjust their lending rates as well. At the same time, depositors will also get higher returns too. BNM just increased our OPR by another 25 basis points which is 0.25%. Our new OPR would be 2.75%. The ceiling…
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Worst and Best Time to buy a property?
History teaches us lessons only IF we really want to learn from it. This is also the reason why I always tell people that when it comes to property investment, learn from what has happened and not just hear rumours.
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Get ready to LOSE a lot of our money because of inflation
Recently, it has been revealed that many developed countries are suffering from double digit inflation and that’s one major reason why they kept increasing their interest rates in order to tame inflation. One example is the U.S. The interest rates have been raised to the most current 3.8% from an average of 0.9% in 2020.…
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Not to be missed! The Property Table Talk: Is Student Township a Future Proof Investment? (free TnG for first 50)
Not to be missed! The Property Table Talk: Is Student Township a Future Proof Investment? (Free TnG card for first 50)