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Financial risks, household debts and lower income households

We should always be mindful that high household debts vs the GDP is dangerous to the economy. Everyone tells me this all the time. This is especially when the household debts are growing faster than the economy which meant that one day in the future, it may be higher than the GDP. So, the trick … Read moreFinancial risks, household debts and lower income households

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When the job market is stable…

Job market is a very important barometer of the economy. It is also the main pillar of support for all investments including property. When more jobs are lost than created, trouble is brewing. Singapore is already a major financial centre rivalling the top in the world while Malaysia’s only ahead of other ASEAN countries for … Read moreWhen the job market is stable…

Residential property outlook? Developers are switching…

In the recent MIEA Press Conference, Kelvin Yip, Associate Director of Frank Knight Malaysia Sdn Bhd presented the “Residential Property Market Outlook.” These are some of the points he presented. Since 2016, Malaysia’s GDP has been on a downtrend but in 2017, it has rebounded and in 2018, forecasts from most analysts show that the … Read moreResidential property outlook? Developers are switching…

Positive news? Without any doubt, YES.

A friend mentioned the other day that the Malaysian government must be ‘pushing up’ the ringgit because the election is near. Sometimes, I do wonder if the Malaysian government is really that capable. After all, there are so many things that the government falls short. Just read the Facebook comments to know more. Anyway, coming … Read morePositive news? Without any doubt, YES.

Up 25 basis point, low interest rate days over?

In case you did not yet know, our Bank Negara has hiked the overnight policy rate (OPR) by 25 basis point. In number term, this is 0.25 percent. A quarter of 1 percent. Assuming the banks use the exact same rate for the mortgage loan adjustments, then the difference in mortgage payment for a RM500,000 … Read moreUp 25 basis point, low interest rate days over?

M+S. Successful start for Marina One and Duo.

Briefly, M+S is a jointly owned company by Khazanah Nasional and Temasek Holdings. They own 60 percent and 40 percent respectively.  This joint venture company was set up in 2011 by the sovereign wealth funds to develop land parcels in Marina South and Ophir-Rochor.  This was a land swap deal which ended a 20-year impasse … Read moreM+S. Successful start for Marina One and Duo.

Property market crash? 4 factors to watch out for.

Every now and then there would be news about the potential for property market crash. It’s therefore important to always note all the potential signs for that to happen and then to be wary about them at all times. Today, we look at what yourmortgage.com.au has highlighted for the Australian property market. As per similarweb.com, yourmortgage.com.au … Read moreProperty market crash? 4 factors to watch out for.

Malaysia by Moody’s, Standard & Poors Global and Fitch. Enough lah.

There has been occasions when Malaysian friends overseas asked me this question. “Is the Malaysian economy okay?” Actually, the actual sentence was a far more negative one but let’s leave it at that. If they are close friends, I would usually give them a typical half and hour of my time and answer their questions … Read moreMalaysia by Moody’s, Standard & Poors Global and Fitch. Enough lah.

No limit what we can invest in. Another opportunity coming soon.

I bought my first set of commemorative coins just a few months back. I own one set. 100 years of significance Commemorative coins may be worth a lot in the future. Here’s10 coins which are already worth by far more than the price that the first owner paid for. Rarest and most valuable coins – UK, … Read moreNo limit what we can invest in. Another opportunity coming soon.

Increasing interest rates. Bad news or good news?

Many people fear interest rates hike. Yet, many economists would tell you that increase in rates is not necessarily abad thing. If anything, it may even be signifying a stronger economy. With regards to interest rates, there’s one article worth reading. Briefly, it’s here in TheStar. Even more briefly, it says of potential interest rate hikes … Read moreIncreasing interest rates. Bad news or good news?

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