Category: China and Hong Kong Property related
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RM112,000 pocket money or a flight ticket? Flight ticket please.
It’s a privilege when kids have parents who are very rich. When I was in Bristol, UK for my degree, I got to know a few students from Hong Kong. One female and one guy. Both very nice people and have no arrogance whatsoever to Malaysians. At the time, the advice was for all students…
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When household brands start to show signs of stress.
This was a dessert chain which I spent RM35 for one big bowl of mango dessert a few years ago in Hong Kong. We went into the shop in Tsim Sha Tsui after walking for a while and feeling tired. My mistake was I asked my daughter what she wanted. She pointed to one attractive…
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Okay, everyone gets RM5,422 to spend as you like. Like this?
Would you like the government to give you RM1,000 to spend anyway you like as part of the economic stimulus which will be announced soon? Well, how about if the government were to give each and every Malaysian aged 18 and above RM5,422 instead? No strings attached. Just spend it any way you please. As…
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China’s recovery from COVID-19 is V-shaped. Who said so?
Gross Domestic Product (GDP) recovery is certainly something tracked by economists with a lot of statistics. As for the statement about China’s economic recovery after the COVID-19, someone has said that it will be a V-shaped one. Who said it? Certainly not me but if you were to ask me, then I will say that…
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Real estate is about an eye for potential opportunities and making that decision.
There are many property investors in Malaysia who has made a lot of money from the property market. Some were due to their objective assessments, some may have been lucky and some just bought, stayed a while and when they decided to upgrade to a better place, the property they bought earlier has risen quite…
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When there’s an acute shortage, it may not even be money that matters.
Robbers love money, usually. If they were caught, the punishment (jail sentence) will be similar whether they rob a major bank branch in the city centre or a small bank branch in a village. If the robber were to do some estimation, perhaps the amount of money stored in that major bank branch may be…
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Difficult H1 for Malaysia property market?
I am not sure how many Malaysian friends we ask today will say something positive about the property market. Somehow, even if they still have a stable job paying them good pay, the thinking is the same; Malaysian economy is not doing well. Of course, when the economy is not doing well, the property market…
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It’s always about the need and the money when it comes to property.
Would you believe me if I tell you that there are still long queues of people when it comes to new property launches today? By the way, it still happens but no longer most of the time or most of all the projects. However, there’s this little city where property remains a premium both in…
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Oh dear. 27,000 people on unpaid leave for 3 weeks. Fortunately, not within same month.
My sister-in-law told me recently that she has already used up all her annual leaves. She did not use them only for holidays. She works in a factory and her factory has had a number of compulsory shutdowns end of last year. In other words, the employees are forced to take their annual leaves and…
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‘Wuhan’ coronavirus is a worry. How will it impact the world economy?
There has been numerous reports on how the Wuhan coronavirus is affecting the world economy. Many has pointed out that many industries will be affected. Especially tourism for example because people are now more inclined to stay at home or they may be disallowed from flying as there are now many flight restrictions already. My…
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Higher prices due to higher taxes? Buying continuing yeah.
What happens when additional property related taxes are levied on foreigner buyers? Well, it’s supposed to start deterring foreigners from buying indiscriminately. Singapore introduced cooling measures in July 2018 because it did not want property prices to rise indiscriminately. These included raising stamp duties for second homes, tightening loan-to-value limits for housing loans granted by…
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Wooing property buyers, local and foreign. Focus on many reasons, not just price.
Most of my friends from overseas love Malaysia when they came visiting for the very first time. A few days ago, I met an international motivational speaker from Dubai who told me that he has visited Malaysia a few times and he loved it here. He has visited many countries throughout the year to speak.…