Young Malaysians going overseas for their degrees usually go to three main countries; Australia, the U.K. and the U.S. Normal students like myself would get a room as accommodation like the rest but there are the richer ones whose parents would get them a property instead. According to an Article in TheGuardian here, wealthy parents from outside … Read moreEducation will always be attractive for the property market
When I posted an article about Jack Ma’s retirement in my Facebook page yesterday, the number of reach was super-high. There were also comments and well, many did not believe that Jack Ma was about to retire. I too have my doubts but then again if one of the richest man in the world says … Read moreTime to retire just like Jack Ma? Wait a minute… not yet.
Buy something to live in, not for speculation because the latter is like gambling. This was what Hong Kong’s third-richest man, Lui Che-woo advised in an article in South China Morning Post here. I think his advice is a sound one. 🙂 In the same article, investment bank CLSA has predicted that property prices would drop … Read morePanic selling can only happen when businesses are hit hard
I have been to Macau 5 times I think. Usually, it’s part of the Hong Kong trip because somehow I think Hong Kong has far more attractions. 😛 Here’s one latest news about Macau. By 2020, according to the International Monetary Fund (IMF), Macau will would overtake oil-rich Qatar with the highest per-capita gross domestic product … Read moreThat place with the highest per capita income in the world?
What do we do when we are REALLY wealthy. I mean, really, really rich and not the just buying the iPhoneX (by instalment) and showing off to the whole office that one could afford such an expensive phone or the driver of a Segment B Japanese car (paying instalments for the next 9 years) who’s … Read moreLuxury? Property? Well, it can also be just a home-sweet-home for all of us.
The number of unsold units in Malaysia is at a historic high actually. An article about this earlier. Unsold units are u further 16k units. Now at 146k. From my conversations with many prominent property experts, the conclusion is a brief one. The demand is there but the price is just not right, yet. In fact, … Read moreWaiting and selling slowly (or hoarding?) will stop with levy, usually.
What do we do when we know that our savings will never catch up with the property prices which are already highest in the world today? Sorry, the honour of having the highest property price versus household income does not belong to Malaysia. We are far from even the top 10. Here’s an image one … Read moreFear of price increase and the push to buy (someday, not today)
According to Bank Negara Malaysia, the average median property price versus household income ratio for Malaysia is at 5.2; severely unaffordable. In Hong Kong, it’s quite close to 20. Here’s that earlier article. There are no category for such a number. If there’s a ceiling, Hong Kong’s property price affordability is higher than the ceiling. … Read moreChina’s Hong Kong with a Hong Kong town in China. A rail based plan.
I have started to HIDE some people’s comments about politics. It’s a little tiring to read all of them. My personal thought is that most of everyone has made up their mind and nothing much would change from now until the voting day. However, this particular article I think would be of interest to the … Read moreChina as a catalyst remains the same after GE, regardless of winner.
Malaysians have been buying properties in countries like the UK or Australia for years. I meant the super wealthy ones with kids studying overseas. For a number of them, the property investments are for the future of their children. A place to stay, for example when their kids are studying overseas. An investment perhaps which … Read moreWe buy properties for our children’s education, right?