Saturday, August 27, 2011

This Guy Got 9 Lifes

Monday, August 22, 2011

This is So Creative !

Nowadays you may bump into someone selling HOT hand phone number like 2222888 at RM50-RM100. He will tell you the new SIM card will be activate 1 hour later. After many hours of waiting, the buyer only discover they unable to use the new HOT number, as the card is "un-usable".... Damn, nowadays people are so creative in making money !!!

Australia Property

Recently attended Australia Property Exhibition, quite impress with the way the Mat Salleh market and sell their property. Quite different with how local developer sell their project.

In Malaysia, you just need a brochure and price chart, you can start make sales even without sample house.

For Australia property, they will start by give a briefing. They share with why people choose to live in Australia, how good is Australia economy. Then they zoom into specific state, why most of the expat choose to live in Melbourne. Subsequently zoom further to their property, how its stand out among other properties in Melbourne. They start share the reason to buy from them, how they can help you manage your oversea investment and etc. They even brought together Australian lawyer to show you how secure is it to purchase property from them, as purchaser will be protected by the Australian law...

After hearing those points, it make me feel like moving there :) Anyhow, if you have time, no harm go and visit this type of oversea property launch, learn how other people view in term of property investment ....

Lucky Couple

This guy damn lucky, buy a house 300k-400k house and won a Mercedes at lucky draw during the appreciation dinner...

New homeowners win luxury car at developer’s gala dinner -

Friday, August 19, 2011

Verdana @ North Kiara

North Kiara... a very nice name, wondering where is the location when I heard it. Went to site visit, it is actually near Changkat View Condo, between Sri Hartamas and Segambut area. Below are photo of the site and it's surrounding...

Monday, August 15, 2011

Renovation Contractor

For those who looking for Renovation Contractor, I would like to recommend one to you

Company: Vision TC Enterprise
Name: Juan
Phone: 017-2701887

They are One Stop Renovation Contractor, basically cover Interior Design, Wet Work, Kitchen Cabinet, Wardrobe, Plaster Ceiling, Wiring, Plumbing, Wall Paper or anything you can think of.

You may or may not mention your were refer by Wick Talk blogger. But, please do inform me if your are not happy with their service.  However highly likely this will not happened :D

Should you invest in overseas properties?

As the writer wrote, you can see there are so many advertisement nowaday for investment oversea, especially in weekend newspaper. Most of the sales/exhibition are held in 5-star hotels....

Actually, other than the low prices, there are not many plus points about them. The negative
points, however, are plenty!

There are some restrictions – maintaining green belt is one – that prevent certain lands around London Heathrow Airport from being developed. So while you can buy the land but as it will take years to be developed – if it ever will – it means that your money will be stuck there.

The costs of hiring agents, lawyers and property managers overseas are not cheap.

Another trap is the high property taxes.

There is also a huge over supply of properties

Thursday, August 11, 2011

Very Good Advice - 4 Rules for the Seesaw Market

The market roller coaster took another big dip down Wednesday, with the Dow tumbling more than 400 points midday before stabilizing a bit.

If you're like most non-professional traders, these kinds of wild market swings — down 635 Monday, up 430 Tuesday, down 400 Wednesday -- can be gut-wrenching, confusing and downright scary. (Rest assured, many professionals feel the same way - they just don't admit it.)

If You Can't Take the Heat, Get Out: As my Breakout colleague Jeff Macke likes to say, if the market is keeping you up at night, you shouldn't be in it.

Don't Panic: If you don't need the money in your retirement account in 5 years or less, you're better off sitting tight vs. cutting and running. Unfortunately, many investors simply can't take the pain and are doing just that.

Have a Plan: Sometimes the most boring advice is the best advice.
Investors who have previously established set patterns of portfolio rebalancing, diversification of investments and long-term goals for their money tend to do better -- both emotionally and financially

Learn from Your Mistakes:

Wednesday, August 10, 2011

Double Dip Recession

The risk of double dip recession is rising.

And while economists disagree on just how likely the U.S. economy is to fall into another downturn, they generally agree on one thing -- a new recession would be worse than the last and very difficult to pull out of.

"Going back into recession now would be scary, because we don't have the resources or the will to respond, and our initial starting point is such a point of weakness," said Mark Zandi, chief economist at Moody's Analytics. "It won't feel like a new recession. It would likely feel like a depression."
Zandi said the recent sell-off in stocks have caused him to raise the odds of a new recession to 33% from 25% only 10 days ago.

Other economists surveyed by CNNMoney are also raising their recession risk estimates. The survey found an average chance of a new recession to be about 25%, up from a 15% chance only three months ago.

Tuesday, August 9, 2011

This is Very Very BAD !!!

The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.

It was the worst day for the market since the financial crisis in the fall of 2008 and extended Wall Street's sudden, sharp decline. Stocks have lost 15 percent of their value in just two and a half weeks.

The Dow finished the day down 5.5 percent (in 1 day). The point decline was the worst since Dec. 1, 2008, and the sixth-steepest ever. The average ended at 10,809.85, its first close under 11,000 since November.

Economists at Goldman Sachs peg the chances of another recession at one in three, most likely in the next six to nine months. The threat was barely talked about earlier this summer.

The turmoil in the U.S. markets was the end of a daylong rout that swept the world. Stocks lost 4 percent in South Korea and 2 percent in Japan, then 5 percent in Germany and 4 percent in France.

Monday, August 8, 2011

Mixed outlook for property in H2

Mixed outlook for property in H2

Rahim & Co executive chairman Datuk Abdul Rahim Rahman said: “The market is giving a mixed indication, but what is happening in the United States and Europe is very serious and will have an effect on this part of the world. For example, the take-up rates of newly-launched condominiums have been very encouraging with more than 60% sold just a few months after launching. However, on the rental market, leasing has been less active and rental rate has not increased that much.

We are not sure what will happen in the second half of this year, but we are taking a cautious stand,” said Kho.

He said the prices of landed units would continue to go but they are seeing a disparity between asking price and transacted price widening. This disparity was seen a couple of months ago, he said. Prices have gone up compared with the first half of this year but the increase was less.

“We expect this situation to continue - growing disparity between asking and transacted price,” Kho said.

Wednesday, August 3, 2011

Why Germans and French prefer to rent

Some interesting fact:

Germans still prefer to rent accommodation rather than own it. Only 39 per cent of the population own the homes that they live in compared with about 60 per cent in Britain.

Germany's more cautious banking system requires would-be home-owners to provide substantial guarantees of their ability to finance a loan before granting a mortgage. For many on low incomes or with little capital, owning a home has simply never been an option.

And even when the Germans buy, they often buy a plot of land and have a new home built from scratch rather than buying an old house. This is in part owing to lack of housing stock. Even in Britain, attitudes are changing, with more people buying up older housing and renovating it.

This is What Happening in UK Now....

NEARLY 700,000 Brits now keep chickens - a rise of 80 per cent in three years, figures reveal.

The largest increase in poultry-rearing since World War 2 has come as households try to cut grocery bills by producing their own eggs.

"Over the past few years more Brits have started growing their own fruit and veg - and the next step seems to be having their own eggs."

Tesco said sales of poultry pens had nearly doubled since 2008. They sell chicken coops in the Tesco Direct catalogue.

Tuesday, August 2, 2011

Trefoil 'SoFo' units over 60% sold

Trefoil 'SoFo' units over 60% sold

PETALING JAYA: S P Setia Bhd launched its Trefoil SoFo (small office flexible office) project in its Setia Alam township in Shah Alam last Saturday, July 23.

About 1,000 interested buyers were at the launch which saw over 60% of the 1,020 units that were open for sale, sold via balloting.

Trefoil SoFo comprises three towers housing a total of 1,500 office units. The developer launched Blocks A (35-storey) and B (36-storey) over the weekend and hopes to launch Block C (35-storey) tentatively by 4Q11.

The units have built-ups ranging from 485 to 790 sq ft and tagged from RM245,000 to RM450,000. The RM450 million development is located within Setia City, the commercial precinct of Setia Alam just five minutes' walk on ground or via a covered elevated walkway from Setia Mall.

"Owners can opt to buy two units side-by-side and erect an internal connection. One of the unique selling points is that it offers buyers greater flexibility to create a property of their choice — be it for residential or office use," he added.

Among facilities available are a 50m lap pool, pebble stream, jacuzzi, wading pool, fitness station, multipurpose hall, reflexology garden, yoga deck, sundeck, jogging track and grand lawn. The developer is also offering a 20:80 developer interest-bearing scheme.