Tuesday, July 12, 2011

Thames River in Malaysia?

Can the government turn the Klang Valley River to something like Thames River in London?




Details refer here, especially the impacted area :)

http://www.riveroflife.com.my/

http://www.dbkl.gov.my/portalv7/index.php?option=com_content&view=article&Itemid=6&id=1169&lang=en

Tuesday, July 5, 2011

This Look Nice - Permai Garden




http://www.permaigardens.com/

http://www.penangpropertytalk.com/2011/06/permai-gardens/

http://www.starproperty.my/PropertyScene/PropertyScene/13098/0/0

This is Good News for First-time house purchasers

First-time house purchasers to get up to 105% financing - StarProperty.my

PUTRAJAYA: Datuk Seri Najib Tun Razak launched the 1Malaysia People’s Housing Programme (PR1MA) for first-time buyers to own homes of up to 1,400sq ft.

The Prime Minister said depending on the location, the houses would be priced at between RM150,000 and RM300,000 while the minimum size would be 800sq ft.

He said that buyers, making up those who earn not more than RM6,000 a month, would enjoy financing of up to 105% from selected financial institutions.

“The additional 5% is for insurance and Sales and Purchase legal fees.

“Also, the stamp duty is exempted as part of the Government’s initiative to lighten the people’s financial burden,” he said at the launch of the programme’s first phase at Precinct 11 here.

Najib said a total of 42,000 houses would be built in 20 strategic locations in the Klang Valley, Rawang and Seremban with eight projects expected to commence this year.

A 7.6-acre site in Precinct 11, Putrajaya has been chosen for the first PR1MA development which will be undertaken by Putrajaya Holdings Bhd (PjH). Other developers involved in PR1MA developments are Cyberview Sdn Bhd, Sime Darby Property, 1MDB, Malaysian Resources Corporation Bhd, S P Setia Bhd and Tradewinds Corp Bhd. S P Setia and Tradewinds Corp will jointly develop 10 acres of land in Bandar Tun Razak, Cheras.


"The applicants must be first time buyers for the PR1MA scheme and need to occupy the house and they can obtain loan up to 105 per cent from selected financial institutions with a payback period up to 30 years," he said.

Najib who is Finance Minister said that to prevent speculative activities among buyers whose intention was to sell for immediate profits, PR1MA house buyers were not allowed to sell the house within 10 years.

EPF Investment

Last week I decided to sell my EPF based unit trust investment. After investing for 2 years, finally got some return and is time to harvest it...

2009 - Withdrawed from EPF and invested in Equity Based Fund (Stock Market based)
2010 - Sell half of the fund, profit 14% within 1 year
2011 - Sell remaining half of the fund, profit 28% within 2 years, average 14% per year

Not bad the return, in fact much better than 5-6% of EPF dividend per year.

I guess now is time to hunt for currency related fund, especially USD, Euro and GBP. Not really familiar with this....need to spend some time in research before make next investment decision....

Saturday, July 2, 2011

Bukit OUG condominium owners object to development project

Residents of Bukit OUG condominium in Kuala Lumpur voiced their objection against a project in the area at a meeting with City Hall (DBKL) officers yesterday.

The residents are objecting against the increase in density from 50 people to 500 per acre if the said the project, Lot 3001, is carried out.

Ho and his fellow neighbours are worried that traffic congestion will worsen with the development.

He said there were three projects, Lot 3001, Kiara Residence and Z Residence, planned on three plots of land.

Kiara Residence is a four-block 19-storey condominium project, while Lot 3001 consists of four blocks of condominiums.

“Even now without the new developments, the traffic congestion is bad. We can imagine how it will be after this,” added Ho.


Another cause for worry is the access road that will need cutting of a steep hillslope near their condominium.

http://wickinv.blogspot.com/search/label/OUG

Bukit OUG condominium owners object to development project - StarProperty.my

I am in the Wrong Job, But someone else is in the Right Job.

A SAP or software team leader with 8-12 years experience could command a minimum basic salary of RM18,000 a month rising up to a maximum of RM30,000 per month, according to the latest employment outlook and salary guide 2011/2012 released by Kelly Services (M) Sdn Bhd today.

(I heard of storey whreby a SAP person get 30% increment this year without any request to the boss....)

The salaries do not include bonuses, allowances and Employees Provident Fund contribution by employers.


http://www.malaysiandigest.com/news/26258-senior-it-professionals-can-garner-monthly-basic-salaries-of-up-to-rm30000.html

Do You Get Your Increment As Per Industry Guideline ?

KUALA LUMPUR, June 30 (Bernama) -- Workforce solutions provider, Kelly Services (M) Sdn Bhd, projects a 15-20 per cent salary increase in the Malaysian job market this year and 2012 for skilled workforce in the growth sectors.

In the Kelly Employment Outlook and Salary Guide 2011/2012, the growth sectors with continued demand for skilled workforce are banking and finance, information technology, engineering, services, digital and communication and biotechnology and life sciences.

Managing director of Kelly Singapore and Malaysia, Melissa Norman, said the positive economic growth of 4.6 per cent in the first quarter of 2011 improved employment prospects with stronger labour demand in various sectors.

"Talent mobility is taking place within Malaysia with talent increasingly willing to switch jobs and employers willing to pay salaries for those who can deliver results with minimal training," she said at the launch of the Employment Outlook and Salary Guide 2011/2012 here today.

The Kelly salary guide indicated that as Malaysia has become a key banking and financial hub of Asia, the need for specialised talent in this sector has intensified, particularly in Islamic Finance, she said.

Norman said other jobs with strong growth were in the information and communications (ICT) industry.

"Job positions in the ICT industry are growing at double the rate of job positions in other industries, demonstratiing rapid growth," she said.

She said the hot jobs were also in the call centres such as senior customer service officer, call centre team leader and outbound agent.

Norman said another up-and-coming sub-sector was services with companies seeking sales and marketing talent with relevant technical skills and knowledge to manage the brand to become a market leader and not just a market challenger.

She said organisations were on the lookout for candidates who were critical thinkers and problem solvers with good communication skills. -- BERNAMA

http://my.news.yahoo.com/kelly-services-projects-salary-increase-skilled-workforce-growth-075019327.html

Are You Underpaid ? Or Overpaid?

Interesting report, you need to fill-in your details in order to download it.

http://www.kellyservices.com.my/web/my/services/en/pages/salaryguide.html

Friday, July 1, 2011

MAPEX


Dear Sir/Madam,

Greetings from Millennium Land!

We wish to invite you to attend our exhibition booth at MAPEX 2011, Malaysia Property Expo @ Putra World Trade Centre (PWTC) starting from this Friday till Sunday.

The full details are as below :

Date : 1st to 3rd July 2011 (Friday to Sunday)

Time : 10am to 9pm

Venue : Booth 4058 & 4069, Hall 4, PWTC

We look forward to your visit at our booth. See you there!

Warmest Regards,

Millennium Land