Chan Ai Cheng has been honoured as the Estate Agent of the Year 2023 at the recent 26 th Convocation & Dinner organised by the Board of Valuers, Appraisers, Estate Agents, and Property Managers Malaysia (BOVAEP). The accolade was a testament to her significant contributions to the Malaysian real estate industry and her exemplary leadership.
Until today, when I am traveling, I would still prefer hotels over AirBnB. Safety is one. I have stayed in a homestay where my unit was the only one which was occupied in the whole corridor. I also prefer to have an immediate response to any issues in the room. I also think that having a breakfast ready for me if better than me driving out to find a place which I may not be familiar with. However, could there be an oversupply of hotels when 10 new ones are built within a few years in Penang? Penang Chief Minister does not think so.
Anyone here felt that they pay too little tax? I would agree and I am also very happy that if I earn more, I should pay more in tax. I know, when one is a businessman, spending is sometimes better than not spending and thus having to report high profits and get higher taxes. Well, there is this remark that the government is not taxing enough. There are suggestions on how our government can get higher tax revenues too. GST was mentioned. Progressive tax was also mentioned versus a fixed regime too.
What’s your answer to this question? Is our salary growing faster than property price? Briefly, except for the exceptional professionals whose rise up the corporate ladder is faster than majority or the business people whose business growth far exceeded the ones whose business ventures failed, the answer to this question is a firm, NO.