Category: Property news beyond Malaysia
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Theresa May: It will not be ‘half in, half out’
Is BREXIT good for Malaysia? I personally think it should not affect us too much where the economy is concerned. It’s good for my colleague who’s sending her son to Britain. The pound has dropped and she needs to prepare less funds for the tuition fees and accommodation. Statistically, The U.K is not in Malaysia’s…
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Bank of England: Financial stability a challenge because of Trump and Brexit
First of all, I am NOT a supporter of Brexit. I believe that Britain and the European Union (EU) as partners are better than both separated; economically. On a longer term, depending on how well the European Union could leverage on other stronger economies within the EU, perhaps Britain would face more challenges because it…
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Top 6 cities with potential for property bubble bursting
Which are the top 6 cities in the world which are at risk of a property bubble? Sorry, Singapore is not one of them. Kuala Lumpur is nowhere in the list too. In fact not even a single city in South East Asia made the list. Let’s heave a sign of relief. As per UBS’ Global…
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Brexit effects? Exiting London, Entering EU (London is not EU….)
A senior manager told me that he believes Britain is right to ‘get away’ from the European Union (EU). This will free it (Britain) and allow it to grow faster. I disagree and told him that without a huge market (EU), who would be Britain’s new top few largest trading partners? Anyway, another colleague has…
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Real estate buy? Better be legal, else suffer consequences.
This has been mentioned a few times and it’s now being more strictly enforced. Foreign buyers of Australian properties MUST get the Australian government’s permission. It is a requirement that all foreigners must seek approval from the government’s Foreign Investment Review Board before they could purchase properties in Australia. There are also restrictions to the…
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Britain’s banks may face a financial crisis
If Britain suffers a banking financial crisis, what would the effects be for Malaysia? I think it’s best if The Bank of England can ensure any potential crisis does not happen. According to Kevin Dowd, a professor of finance and economics in Durham University, the current Bank of England’s stress tests of the UK’s banks…