kopiandproperty.my

Category: Uncategorized

  • Merger is off. CIMB, RHB, MBSB.

    —

    by

    Charles Tan
    in

    I have written about this earlier. Read here: CIMB, RHB, MBSB potential merger. Just 1 cent view.  Let me conclude it for now since the merger has since been called off. Majority of all the reports are relieved that the merger did not go through. To them, the market situation has changed. The merger would no…

  • 4,000 cut, locked out even.

    —

    by

    Charles Tan
    in

    If 4,000 people are cut from a huge international bank, what would happen? Well, it will definitely be attracting a lot of negative publicity not just for the bank but also the banking sector. Is this the start of more negative changes to come? Standard Chartered bank started its dismantling of its stock broking, equity…

  • Richest? Richer by US$92 Billion.

    —

    by

    Charles Tan
    in

    Millions, billions and trillions. No, it’s not RM. We are talking about US$. According to Bloomberg Billionaire Index, the networth of the world’s richest 400 stood at US$4.1 Trillion. In fact, within 2014 alone, these people added US$92 Billion to their collective fortune. The amazing thing is, this is in the face of the falling…

  • Penang properties – Affordability equals to Availability

    —

    by

    Charles Tan
    in

    The State local government traffic management and flood mitigation committee chairman, Chow Kon Yeow said that the current higher density approval of 87 units per acre may not be a permanent feature in Penang. He was speaking in the Penang Property Summit 2015 representing the Penang Chief Minister Lim Guan Eng. This change was effected…

  • Getting ugly? Hope not. Better not.

    —

    by

    Charles Tan
    in ,

    I have not written on this before but I think I should pen my thoughts this time. I do not like huge banks which continue to lower their lending standards and aiming at higher profit in the expense of ‘prudence’. Their thought? As they are too huge to fail, the government will bail them out.…

  • Penang Property Summit 2015. Not to be missed.

    —

    by

    Charles Tan
    in

    For Penangites, there is an event not to be missed this coming weekend. The Penang International Property Summit in conjunction with an international property exposition would be held in the Subterranean Penang International Convention and Exhibition Centre (SPICE) from Jan 9 – 11. With a theme of ‘Managing Future Trends and Challenges;, the summit would…

  • Petrol down. Prices remain. Just us.

    —

    by

    Charles Tan
    in

    I read an interesting article in a local English daily. The petrol prices has come down a lot. However, the restaurants said they can’t lower their prices. It’s funny because they said the main reason they could not lower the prices is because of their suppliers are still charging them the same. The suppliers meanwhile…

  • Oil prices, as usual.

    —

    by

    Charles Tan
    in ,

    It’s sometimes funny to read some of the news article about the declining oil prices. One latest one in a major English daily said that with the oil prices declining, some of the oil companies in Kuala Lumpur may face pressure to move out. First question, why would they move out because of low oil…

  • First Property? Some considerations.

    —

    by

    Charles Tan
    in

    First property is always the hardest, especially for a white collar executive with less than 5 years of working experience. It’s the single largest item that one would be buying in their lives. Lots of doubts, questions and worry running in my head every time I think about my first property. What if, that first…

  • Batu Ferringhi and nearly 1,500 new units.

    —

    by

    Charles Tan
    in

    I read a news article in a local English daily about Batu Ferringhi’s new huge development. Should we be concerned with new 1,500 units of homes being built right next to ours? Of course we would and we should. The first thing that comes to mind would be ‘congestion’. Second word would be ‘pollution’. 1,500…

  • Still warning, none caught yet

    —

    by

    Charles Tan
    in

    In Penang, State Town, Country Planning and Housing Committee chairman Jagdeep Singh Deo said that there were thousands of errant property owners in the low cost (LC) and low medium cost (LMC) who have violated the housing ruling and renting their units out. He said he has received complaints about this and views this non-compliance…

  • Penang Property Submit 2015

    —

    by

    Charles Tan
    in ,

    There’s one upcoming event in Penang which is worth a visit. It’s the PIP Conference on 9th and 10th January 2015 to be held in SPICE (PISA). This year, the event is a collaborative effort between the organiser, PenEvents Sdn Bhd and the Penang state government. This is is both an expo as well as…