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Need to buy luxury goods? It’s nearer than you think.

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.

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Powerful sentence. 3 Asians and 1 European (countries lah)

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)

The famous home rental company may build homes too.

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.

FIABCI Malaysia: No property bubble bursting soon

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

Uncertainty is never good for the economy. Reminder to all.

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.

IMF’s warnings: ‘risk of a sharp tightening of financial conditions’

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’

When borrowers need not even qualify for it, better be fearful!

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!

High property prices is never a good sign, regardless of country.

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.

Over-leveraged? Foundation’s wobbly?

Malaysians used to save a lot. I say used to because even for Gen-X like me, I am also struggling to save and stop myself from buying 7 new long sleeve shirts this 2018 Chinese New Year. Let me explain. From 73kg, just a year ago, I am back to 80kg today. It meant that … Read moreOver-leveraged? Foundation’s wobbly?

Cities with potential property bubble bursting?

Someone searched in google.com for this term yesterday “not a safe investment Malaysia 2018” and was referred to kopiandproperty.com  Perhaps this person wanted to know if the property bubble is indeed bursting in 2018 as predicted by some property experts? Too bad, I am just a normal working Malaysians like majority so I can only … Read moreCities with potential property bubble bursting?

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