Category: Kuala Lumpur / Selangor Props
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Glomac 2Q FY21 Profit Before Tax Jumped 56% to RM14.3 million
Press Release: Glomac 2Q FY21 Profit Before Tax Jumped 56% to RM14.3 million Glomac Berhad (‘Glomac’ or ‘the Group’) today announced its unaudited results for the second quarter of its current financial year ending 30 April 2021. Group revenue surged 70% to RM104.6 million, translating to 56% increase in profit before tax to RM14.3 million…
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No inflation. No need to raise interest rates?
No inflation means no need to raise interest rates? Inflation is NOT necessarily bad, in case we think inflation is always bad. High inflation is bad because it meant that people’s purchasing power is reduced. The reason is because our salary is adjusted every year (12 months) while inflation increase can happen every month. Briefly,…
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Fireside chat: Direction of the property market. Positive? Negative?
What do you think of the direction of the property market currently? What do you think will happen in the future? If you like to just spend 40 minutes listening to me talking about property, happy listening yeah. This was the Fireside Chat session with my good friend Ernest Towle. Yeap, it’s a frankly speaking…
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Downward Trend in Asking Prices Leading into 2021
Press Release: PropertyGuru- Downward Trend in Asking Prices Leading into 2021 Kuala Lumpur, 17 November 2020 – Malaysia’s economic outlook of the property market is still facing the effects of the COVID-19 pandemic and has impacted Q3 2020. PropertyGuru Malaysia’s Property Market Index (MPMI) report reveals a downward trend in asking prices across all four…
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Household income group Malaysia and how much one should pay for a property
Do we know about the household income group Malaysia chart? That latest one? The latest one based on data from Department of Statistics Malaysia. Instead of just B40, M40 and T20, we now have a total of 10 categories with median income as well as the income range. Do not be too carried away with…
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Negative GDP growth of 2.7pct? Can this be positive news?
Yeah, Malaysia’s Q3 showed a negative GDP growth. Let’s talk about that shortly. I am very sure many thinks this is very negative? We see what we want to see, really When we scroll through our Facebook and we click on some news which was forwarded by our friends and those news were all negative…
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Roadside megastore by Uniqlo. Definitely worth a visit.
Latest Update. It’s OPEN yeah. HOWEVER, visiting next week is okay too. It will still be around yeah. — endof update — Original article: Before COVID-19 arrived, I visit Uniqlo often. Usually it’s in the mall. Now there’s a roadside megastore by Uniqlo in progress. I have many Uniqlo branded clothing. Probably 20 or more…
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Best time to buy a property – when yeah? 2025?
Always that first question asked by many of my good friends. “When is the best time to buy a property?” If they are good friends, my answer is usually quite a long one. If they are acquaintances, I would usually tell them that the answer to the best time to buy a property is that…
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MM2H should be encouraged, enhanced.
I love MM2H and I think MM2H should be encouraged. The programme can definitely be enhanced to keep making it ever better while at the same time attractive. Every time someone tells me about some countries they love to retire in, I always ask them what are their reasons to choose that country. They will…