Everyone knows that property prices in Hong Kong is high. How high is high? A simple search in hongkonghomes.com revealed the following. (refer to image) HKD19 million (RM9.85 million) gets us a small apartment between 372 sq ft to 462sq ft. So, what happens when a Hong Kong TVB star likes to make Malaysia as … Read moreHong Kong star with 4 properties in Malaysia (tens of millions in HKD)
This is an article from a doctor (professionally qualified medical doctor and not any fake qualifications which was the rage many weeks back) who is now immersed in the property world and is a property speaker where he shares his strong views about real estate issues too. He wrote an article recently which was shared … Read moreOf cashbacks, insider deals and poor money management
I love to share these news showing that the property market is slow because of sentiment and not because of a crisis or an upcoming one. Right now, people have the money but they are uncertain and have no idea if buying is the right decision. Actually, for the more informed ones, they are waiting … Read more100% sold out in one weekend. RM816k and above, homes.
When I was still based in Penang, I noticed that Penang private hospitals are a favourite for many overseas patients. The reasons often cited is that they trust Malaysian hospitals more versus their own country as well as that the prices they have to pay is still lower than their own country. I moved to … Read moreRM1.8 billion industry. Get ‘benefits’ from it!
“There’s too many negative news out there!” Agree? Well, perhaps not since some believe the situation is dire. When people are negative, they stop doing any investment at all. They believe their investments will not be giving a good result. Sentiment in Malaysia today for the property market is generally negative. “I am worried about … Read moreTotal loan applications moving up, positive news.
That Charles Tan of kopiandproperty.com (yeah, that’s me) said that one should buy within one’s affordability and upgrade when we earn higher salaries in the future. There’s really nothing wrong to buy a smaller unit or at a place slightly further away when one is just starting. Hopefully I could upgrade again in 2021 (yea, … Read moreHigher end jobs, of course more expensive properties. 🙂
IKEA Penang has opened and it’s very popular, attracting over 20,000 customers on its first day. A close friend in Penang asked this again, “I think now all the real estate negotiators in Penang will receive many enquiries for properties surrounding IKEA. Maybe owners will even increase their asking prices.” Frankly, it’s BETTER not to … Read moreOver 20,000 visitors to IKEA Penang (1st day), so buy, buy and buy?
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There’s a proverb in Malay called ‘durian runtuh.’ Briefly, it meant unexpected big profits. In one English word, it’s ‘windfall’. In the world of tax, there’s this tax called windfall tax. This is the explanation by Investopedia: Windfall tax is a tax levied by governments against certain industries when economic conditions allow those industries to … Read moreLending standards and windfall tax
You reach the entrance to your condo and the gate opens automatically. No one at the guard post smiles to you. You drive into the car park, got down from your car and walks to the lobby where the elevator is. The occasional chanced meeting with the guard on his motorcycle patrolling the compound and … Read moreNo guards in the future? That’s scary to me.