In an interview with Bloomberg, the Bank Negara Malaysia (BNM) governor, Tan Sri Zeti Aziz again reiterated ‘BNM is not going to “run the economy to the ground” to achieve low inflation. Risks to growth have to be taken into account.” The reason Bloomberg or any other media asking this question is because they wanted to … Read moreBloomberg, Bank Negara Malaysia, rate adjustment and economic growth
In a report from Bank Negara Malaysia today (24 June), reported in The Star, it said that most of the house price increase can be explained by structural factors. Until to date, ‘demand continues to outpace new supply of houses by a large margin, particularly in the low to medium-priced segments and in major employment … Read moreUpward pressure on house prices are due to structural factors – BNM
“Prudence is a key accounting principle which makes sure that assets and income are not overstated and liabilities and expenses are not understated.” I seriously think this should be a personal principle that one should have when investing. Reason is because there are so many people who are so desperate to know if the interest … Read moreSpeculators, Interest Rates and Over-Leveraging
Is it all rosy with Penang properties? I think the long term outlook is positive but according to a lot of my property friends, there has been a slowdown in Penang property market in terms of transactions. Due to all the new measures being introduced, some of the buyers felt that they want to wait … Read moreGloom and doom for property market?