Category: Finance & Investment
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Why Are Chinese People Calling Malaysia Their New Home
Malaysia, a Southeast Asian nation known for its cultural richness, is attracting an increasing number of Chinese migrants. This trend is driven by several factors, making Malaysia a compelling destination for those seeking a new life abroad. In this article, we’ll explore the top reasons why Chinese people are choosing Malaysia as their new home.…
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Kuala Lumpur Sinkholes: A Cause for Concern for Property Owners?
1. How Did These Sinkholes Happen? Sinkholes are not entirely new to Malaysia, but the recent events in Kuala Lumpur have brought them into sharp focus. The sinkhole in Jalan Masjid India, which tragically led to the disappearance of a woman, raises questions about the underlying causes of such geological occurrences in urban areas. Sinkholes…
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From Ramen to Real Estate
Have you ever dreamt of owning multiple houses by the ripe old age of 34? Seems like something out of your weekend Monopoly game night, right? Well, listen up, because this is exactly what a woman in Japan achieved, and it all boils down to one thing: Frugality. With a capital F, guys. This real-life…
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Transitioning to e-Invoicing: A Guide for Malaysian SMEs
The introduction of e-Invoice in Malaysia marks a significant shift in how businesses will handle their invoicing and tax reporting. This digital invoicing system, aligned with the Twelfth Malaysia Plan, is designed to enhance the efficiency of the country’s tax administration by enabling near real-time validation and storage of transactions. While this initiative offers many…
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Nilai 3: A Decade of Growth and Transformation
A Humble Beginning Nilai 3 Wholesale Market, once a humble industrial estate, has emerged as a bustling commercial hub in Malaysia. Its journey from a struggling development to a thriving wholesale center is a testament to the resilience and adaptability of its stakeholders. In the aftermath of the 1997 Asian financial crisis, the Nilai 3…
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Affordable Retirement in Malaysia: Your MM2H Tip
Dreaming of retiring in beautiful Malaysia? You might be surprised to learn that the Malaysia My Second Home (MM2H) program isn’t just for the super wealthy. While the revamped program offers tiers catering to high-net-worth individuals, there’s also a more budget-friendly option: the Special Economic/Financial Zone category. This guide from MyPropertyPlaces.com will walk you through…
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REIT For Beginners
Imagine owning a piece of a giant shopping mall, a towering office building, or a fancy hotel without actually having to deal with any of the headaches. That’s the magic of REITs! What’s a REIT? A REIT, or Real Estate Investment Trust, is basically a company that owns and runs properties that make money. Think…
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Are Shopping Malls Still Viable?
In Malaysia, mixed developments—projects combining residential, commercial, and entertainment spaces—often feature shopping malls as the central attraction. These developments aim to create self-sustaining communities where people can live, work, and play all in one place. However, the rise of many new shopping malls has led to market saturation, making it important to reconsider their inclusion…
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Gen Z and Millennial Money Habits
The financial behaviors of Millennials and Gen Z are not only transforming personal finance but are also reshaping the broader economic landscape. Their unique perspectives, shaped by distinct economic climates and technological advancements, are driving innovation and challenging traditional financial models. Millennial Money Mindset: Caution and Long-Term Focus Born between the early 1980s and mid-1990s,…
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Gen Z: Revolutionising the Housing Market
Generation Z, the digitally native cohort born between the late 1990s and early 2010s, is poised to become a dominant force in the housing market. Their unique experiences and priorities are reshaping the real estate landscape, presenting both challenges and exciting opportunities for developers, investors, and real estate professionals. Understanding Gen Z’s Values and Priorities…