Author: Charles Tan
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ABCs of Buying and Renting Out a Property (successfully!)
ABCs of Buying and Renting Out a Property (successfully!) ABCs of Buying and Renting a Property I was listening to another of my favourite songs, ‘Yesterday One More’ the other day and someone remarked that the song has been around forever. I told her that I agree and in fact a good song is a…
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House prices are falling because interest rates are increasing. Oh dear.
It means to ensure inflation caused by people buying too much or speculatively will be reduced. When people are not investing, not buying then interest rates may be lowered to make it attractive for businesses to invest and people to buy. For example when rates are low, buying a property looks cheap. Okay, in comparison…
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Buying undervalued property? Please do NOT do this.
Everyone wants to buy undervalued property. People who wants to start investing wants undervalued property. People who has been investing would want to buy undervalued property. People who does not know what they want to do with property investment also wants to buy an undervalued property. I must share this classic conversation with someone who…
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Why buy property? Better save RM1 million instead
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 biggest example is the U.S. The interest rates have been raised to the most current 3.8% from an average of 0.9% in…
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Budget 2023 and property market Malaysia
I think every media is reporting on Budget 2023 and continue to gain lots of attention on it too. As usual, there are the supporters who said everything great about Budget 2023 and there are also the other side which nothing would make sense unless they are the ones doing it. It matters very little…
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Property transactions Malaysia: Numbers for H1 2022 looking good actually
Property Transactions Malaysia. First of all, thinking that Malaysia is in a crisis because US$ kept appreciating versus most of all currencies including Malaysia is not clever. Just in case anyone wants to know, British Pound reached a 35-year low versus the US$. AUD is at 2.5 year low versus the US$. Japanese Yen is…
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Ringgit versus major currencies except that ‘one’
Some say we are heading for a crisis soon because Ringgit is depreciating against the US$. If you believe this, then please take appropriate actions yeah. Save as much money as you can and then grab all the cheap assets which will happen during a crisis. In 1998 for example, property prices fell by double…
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Overhang properties up means property prices down?
Let’s look at the Total Overhang Units to have an idea how many residential units are actually classified as overhang. Overhang property unit is defined as units that have received their Certificate of Completion and Compliance but remain unsold for more than nine months after launch.
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Budget 2023 Wishlist: Call for The Government to Alleviate the Homeownership Struggles of Malaysians
Budget 2023 Wishlist: Call for The Government to Alleviate the Homeownership Struggles of Malaysians
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Landed Homes – Yesterday, Today and Future
Landed Homes – Yesterday, Today and Future [Paid Review] Space is always a luxury today and tomorrow There was a recent article about Malaysians loving more space when it comes to their home sweet home. Frankly speaking, everyone loves more space. Everyone wants to buy as much space as possible even if they were only…
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The 6Cs for JRK Convena
Every time someone tells me about Transit Oriented Development aka as TOD, I would smile. I told them that both my wife and I are not really public transport users. She prefers to send the kids to school by driving because it’s very close to our home and taking the public transport may be even…
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OPR increased from 2.25% to 2.5% because economy is stronger
These two are reasons why it’s not an easy decision to make; increasing the Overnight Policy Rate (OPR). Some people may be happy with higher fixed deposit rates. Some may now feel the pressure of paying higher for their home loans. In other words, if there is a chance that majority of everyone will fail…