Category: Malaysian economy and BNM
-
Residential property outlook? Developers are switching…
In the recent MIEA Press Conference, Kelvin Yip, Associate Director of Frank Knight Malaysia Sdn Bhd presented the “Residential Property Market Outlook.” These are some of the points he presented. Since 2016, Malaysia’s GDP has been on a downtrend but in 2017, it has rebounded and in 2018, forecasts from most analysts show that the…
-
Positive news? Without any doubt, YES.
A friend mentioned the other day that the Malaysian government must be ‘pushing up’ the ringgit because the election is near. Sometimes, I do wonder if the Malaysian government is really that capable. After all, there are so many things that the government falls short. Just read the Facebook comments to know more. Anyway, coming…
-
Up 25 basis point, low interest rate days over?
In case you did not yet know, our Bank Negara has hiked the overnight policy rate (OPR) by 25 basis point. In number term, this is 0.25 percent. A quarter of 1 percent. Assuming the banks use the exact same rate for the mortgage loan adjustments, then the difference in mortgage payment for a RM500,000…
-
Property market crash? 4 factors to watch out for.
Every now and then there would be news about the potential for property market crash. It’s therefore important to always note all the potential signs for that to happen and then to be wary about them at all times. Today, we look at what yourmortgage.com.au has highlighted for the Australian property market. As per similarweb.com, yourmortgage.com.au…
-
No limit what we can invest in. Another opportunity coming soon.
I bought my first set of commemorative coins just a few months back. I own one set. 100 years of significance Commemorative coins may be worth a lot in the future. Here’s10 coins which are already worth by far more than the price that the first owner paid for. Rarest and most valuable coins – UK,…
-
Increasing interest rates. Bad news or good news?
Many people fear interest rates hike. Yet, many economists would tell you that increase in rates is not necessarily abad thing. If anything, it may even be signifying a stronger economy. With regards to interest rates, there’s one article worth reading. Briefly, it’s here in TheStar. Even more briefly, it says of potential interest rate hikes…
-
“If you want to work, sure got job.” (Important for the economy!)
Today, I GRAB to my office. The driver was 60 years old, driving the same car as me, an Exora. 🙂 He kept me entertained with a couple of old stories including how his friend’s new VIOS was damaged by the flood and now his friend has to pay for the car but could not…
-
Bank Negara’s 6 policy options. I like them all.
I think everyone has read that article about RM500,000 property dropping to RM300,000 in the near future. I did not write a response but I did write an article about a few potential trigger points when the news about the 40 percent rise in unsold units first popped up. Here’s that article: Strategy with the 40…
-
What if the stats are wrong? Look at actual signs then.
A very prominent and capable friend who has opportunity to buy properties all over the world shared this point with me this evening. Personally, I would have bought properties in all those places that I would need to stay for a while, say couple of months per year. He asked, “What if the stats provided…
-
Currency risk to Malaysia. Budget Deficit and uncertainty
Ringgit is still weak, when compared to years ago. Ringgit is strong, when we look at Bloomberg’s image on the side, showing the performance of a number of currencies within 2017, as at a few days ago. Anyway, regardless of our own predictions or thoughts, the World Bank says that Malaysia has some currency risks.…