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Day: April 6, 2023

lighted buildings near body of water
China and Hong Kong Property related

Johor to receive RM80 billion worth of FDI from China

This was the recent article which was about 19 MOUs valued at RM170 billion after PM Datuk Seri Anwar Ibrahim’s visit to China. RM170 billion investments with 19 MOUs signed with China As briefly touched on, it is now up to all the relevant ministers to follow up this very closely. All these investments would carry multiplier effects. So, if there’s an investment of RM170 billion, there is a potential multiplier effect to the economy of 4 times and that’s RM680 billion. This is why the ministers must really do their job well.

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man near carton boxes with many different words about stress
ABCs of Property Investment

Property Investment 101: 3 Learnings from a landlord.

My tenant called me one day and said, “Charles, I intend to move out in 2 months time. I have bought a new place.” For 4 years, the tenant (a Malaysian Indian engineer) was diligently paying his rental for my 730 sq ft apartment. He was driving a Proton Iswara though he is already a senior engineer in a multinational company. He was telling me that he will stop renting because he is buying a landed property from the secondary market. His new home is easily 2.5 times bigger than the apartment he is renting. Probably 2.5 times the price of the apartment he’s renting too.

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