I shared this news which was reported in all medias in a sales training session I was conducting yesterday. Deutsche Bank will be having a huge restructuring and up to 20,000 people may lose their jobs. A report here. Let’s understand that with online, (yes, 5G is coming very soon) most transactions could now be … Read moreBad news may happen anywhere, anytime. Impact and Preparation?
What happens when the rental of a property rises 150% within 2 years? Fortunately, this is not Malaysia. If it is, the beneficiaries are the owners who got such properties but this is not healthy for the market as a whole because the rental is rising way too fast! This is commercial property which meant … Read moreRents rising 150% within 2 years… stay away?
The world is indeed a vibrant place. We have people lamenting low salaries in Malaysia but yet cafes serving RM12 lattes are mushrooming. Plus the bubble tea scene is now getting very hot, again, somehow. The fact that some ingredients are now boiled / cooked in front of customers meant that premiums could be charged. … Read moreNeed to buy luxury goods? It’s nearer than you think.
I am against Brexit because I think the UK will gain more by staying within the European Union and not outside. Earlier articles are many and here’s one. Well, at least we have one more prediction which tells of the potential of the UK losing the 6th largest economy crown to France due to Brexit. … Read morePowerful sentence. 3 Asians and 1 European (countries lah)
When a company achieves a huge scale and needs further growth, they have to somehow find something else to do. Just as McDonald’s is also a super huge toy company, IKEA is super big with its restaurants too. Now we have another potential. AirBnB is already a familiar name to the world for home rental. … Read moreThe famous home rental company may build homes too.
These days, in my talks, people no longer ask me about the potential of property bubble bursting. Maybe they have forgotten a viral Whatsapp just a few months back about an imminent property bubble bursting. Maybe they are ow very confident with the new government? Anyway, every time anyone asked, I would point out to … Read moreFIABCI Malaysia: No property bubble bursting soon
I am against Brexit. I do not think going it alone is going to be beneficial to any country in the European Union. I know there are lots of reasons for and lots of reasons against and that it’s the decision of the majority (of those who voted). By the way, there were enough NON-voters … Read moreUncertainty is never good for the economy. Reminder to all.
When stocks are overvalued, stop buying them as if we are in a ‘never ending’ best-seller movie. When properties are overpriced, stop buying as if they are an asset. An asset is also defined as “an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, … Read moreIMF’s warnings: ‘risk of a sharp tightening of financial conditions’
Remember subprime-mortgage crisis in 2008? In brief, the banks were lending to borrowers who SHOULD NOT have gotten the loan in the first place. Then, everything collapsed when the borrowers really could not pay. This is the reason why I would not want the banks to lower their lending standards here in Malaysia. Buyers just … Read moreWhen borrowers need not even qualify for it, better be fearful!
It is not a good sign if property prices keep moving up much faster than the salary increments we receive every year. Of course if we get a promotion, the typical increments may be 15-20 percent and this is faster than the typical increment in property prices. However, not everyone gets a promotion every year. … Read moreHigh property prices is never a good sign, regardless of country.