Category: CORONA-COVID-19
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House sales will COLLAPSE. Prices will drop by 3%.
Falling property transactions and property price. Looks like a familiar situation in the Malaysian property market? That 70% property price reduction prediction By the way, it’s quite a foregone conclusion that property transactions for 2020 will likely drop yeah. Already we have the Movement Control Order (MCO) for over a month and our Prime Minister…
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It’s progressing. That Prihatin stimulus package.
When the economy stalls (not slows…), countries come up with stimulus plans to give businesses and the most vulnerable that breathing space. By the way, it is not supposed to provide the businesses with any profits or even the employees with the same salary they used to enjoy. It’s meant to help, that’s all. Thus,…
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Yea, you can now operate at full capability.
My good friend sent me this image below. He is the owner of a factory here in Selangor is classified as a Small and Medium sized Enterprise (SME). As he was unable to continue his production, he had a very frank discussion with his people. All of them agreed to take a 40-50% pay cut…
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Will MCO spell the end for shopping malls?
There has been news about hotels closing down because of the Movement Control Order (MCO) which has now been extended to 12th May 2020. When we read a little more, then we realised the hotel was already suffering losses for the past few years even before the MCO. There has also been news about some…
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What are you doing at home during this COVID-19 period? Depends on your generation.
Wondering what’s the difference between a Gen-Z (born between 1997 – 2012), Millennials (born between 1981 – 1996), Gen -X (born between 1961 – 1981) and Baby Boomers (born between 1946 – 1964). Well, for one even when we are being quarantined at home for the COVID-19 pandemic, what we do online is very different!…
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Malaysia, we have ZERO inflation for 2020?
Everyone is scared of inflation. They always say the official inflation number does not reflect the situation on the ground. Well, I think they failed to understand that the inflation number is also about how much we spend as well. So, if inflation our friend or foe? (earlier article) Well, for 2020, we do not…
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Approved. Wage subsidy for nearly a million employees.
When people need money for food, they really need the money. Mortgage payments may have moratorium of 6 months but it’s impossible to skip meals without becoming sick, unhealthy and more vulnerable to COVID-19 infection. Rental would also have to be paid too even if the worker has been asked to take unpaid leave at…
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Some countries have started their ‘reopening’
The image below shows the COVID-19 cases as at 20 April 2020. We could look at it very negatively and see the huge 2.4 million number of infected people. It means there’s a long time more to go before countries can say they have it under control. We could also choose to only look at…
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Guys ah, moratorium do not delay the desperate sellers, fyi.
You know, there was this quite viral piece of news just a few days back. It says that the property prices may fall 10 – 20%. My views about it here: Property prices expected to fall due to COVID-19 and recession Some agents say that their buyers have started to ask them about such properties.…