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Working beyond the age of 65?

Singaporean Prime Minister said that the Singaporean government will be looking at amending the Retirement and Re-Employment Act so that people older than 65 can continue working. The particular move was being negotiated by the unions, employers and the government. However, he said that older workers should also be willing to change their expectation in … Read moreWorking beyond the age of 65?

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Casino in Iskandar, rumour yet again….?

Until today, there are still rumours that a casino would be built in Iskandar. This is despite the fact that the Johor MB said ‘negative’. Let me be honest, even if there’s a casino in Iskandar, I would still visit the ones in Singapore first. Maybe because at this point in time, there’s not a … Read moreCasino in Iskandar, rumour yet again….?

When it’s tight, price is high

Nice title yeah. I thought so too. Okay, we know land prices in Batu Kawan, Penang is now RM60 psf instead of the single digit years ago before the Second Bridge was built. We also know that prices in certain prime areas can reach RM88 psf in Shah Alam easily. (Shah Alam Damansara Heights)  What about … Read moreWhen it’s tight, price is high

Soaring and Tumbling after GST like Australia? Not likely.

Property transactions soaring since 2009 – 2011. Property transactions started tumbling in 2012 and continued in 2013 and should still continue in 2014. What about the effect of GST? Would everyone be rushing to buy 1-2 quarters before GST and push up the prices further and 1-2 quarters after GST, the prices come tumbling down, … Read moreSoaring and Tumbling after GST like Australia? Not likely.

Cost of Land increasing vs GDV

These days, every time we hear of new launchings in a popular area, the prices goes up. The developers said this is because of the cost of materials, labour, land and even compliance costs. The buyers said the developers are trying to maximise the profits they could. The government introduced cooling measures to deter speculators. … Read moreCost of Land increasing vs GDV

He joins, New launches, Penang gains

An industry veteran so famous that any connection to him means ‘sure successful’ thus far, Tan Sri Liew Kee Sin has joined Eco World Development Group Bhd as a non independent & non executive director. His son, Liew Tian Xiong is already a Director in Eco World. This has been speculated for a long time … Read moreHe joins, New launches, Penang gains

I feel very lucky, I really do.

I saw these photos maybe a year ago. Real shots of real living conditions for the poorest segments in Hong Kong. Due to the prices being way too high for many of these poorest, their living spaces become so small, so cramped. As time passes, these people who got left behind never did make it … Read moreI feel very lucky, I really do.

Relaxing Family Day, New Property Open Day, Mother’s Day in Ipoh

I happened to be in Ipoh this weekend. After a sumptuous dim sum breakfast with my family, I decided to drop by a Craft Bazaar by Kinta Properties. It was supposed to be for Mother’s Day as well anyway and thus I went with my wife and my baby daughter. As soon as I arrived, … Read moreRelaxing Family Day, New Property Open Day, Mother’s Day in Ipoh

Asia Pacific Property Awards – Malaysian winners

Everyone loves to win awards. Developers too. Recently, the Asia Pacific Property Awards night was held in Kuala Lumpur Malaysia. The award winners would be representing the region to compete against the winners from all other regions to find the ultimate winners in the World’s Best category. If history were to repeat itself, then Asian … Read moreAsia Pacific Property Awards – Malaysian winners

Latest update, Interest Rate, Malaysian economic situation

Malaysia central bank governor Zeti Akhtar Aziz said that a prolonged period of accommodation could encourage investors to misprice risk and misallocate resources. In laymen terms, this simply means that interest rate cannot be low all the time because people may take too much risks and simply buy,buy, buy or also known as speculate.  This … Read moreLatest update, Interest Rate, Malaysian economic situation

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