Posted by buddyinvest > 2016-04-19 21:03 | Report Abuse

The answer is 6k

Posted by Lk036 > 2016-04-19 21:09 | Report Abuse

Yes, oil palm price will up as long as El Niño, La Niña and soy been price up.
But Calvin, I want to ask you a second opinion about buying a property in iskandar.
Project name is Melia residence. Developer is Uem . House type is double storey terrace free hold 22x75. Price is ard 589k including lawyer fee. Nearby tuas check point and future high speed rail station. Can give your final advise?

Posted by Jeremykid > 2016-04-19 21:23 | Report Abuse

Wonder if anyone knows why palm oil-related stock like TAANN drops when CPO price up?

Posted by calvintaneng > 2016-04-19 21:25 | Report Abuse

Lk036 Yes, oil palm price will up as long as El Niño, La Niña and soy been price up.
But Calvin, I want to ask you a second opinion about buying a property in iskandar.
Project name is Melia residence. Developer is Uem . House type is double storey terrace free hold 22x75. Price is ard 589k including lawyer fee. Nearby tuas check point and future high speed rail station. Can give your final advise?
19/04/2016 21:09

Calvin answers,

Try to ask for a 5% early bird discount from UEM. If not try to secure the best unit facing morning sun. Also secure a unit furthest from the Plus Highway just it.

Good luck.

A 22 x 75 2 storey house so near to Spore 2nd Link is hard to find.

Posted by calvintaneng > 2016-04-19 21:27 | Report Abuse

Posted by Jeremykid > Apr 19, 2016 09:23 PM | Report Abuse

Wonder if anyone knows why palm oil-related stock like TAANN drops when CPO price up?

Jeremykid,

Taann has lots of logs. So try to find 100% pure oil plam stocks like Rsawit, Th Plant, B plant, Kwantas or MHC Plant.

Posted by buddyinvest > 2016-04-19 21:49 | Report Abuse

Calvin, any idea for the buildup for the 22x75 uem project? Have been thinking to buy one. Have been frequenting Puteri harbour of late

Posted by calvintaneng > 2016-04-19 21:54 | Report Abuse

Posted by buddyinvest > Apr 19, 2016 09:49 PM | Report Abuse

Calvin, any idea for the buildup for the 22x75 uem project? Have been thinking to buy one. Have been frequenting Puteri harbour of late

Yes, buddyinvest,

I just spent the last 10 minutes looking and thinking what is the built up size of Melia?

Maybe I can get it by calling UEMS office tomorrow.

Anyway, there is now a 2 storey house going for auction soon. The house is 2 storey and located in Leisure Farm. There is a river at the back of the house. Auction Reserve price is just slightly over Rm400,000. I don't know how the bidding will go.

Current advertised for these Bayou homes in Leisure Farm are priced around Rm600K to Rm700K and I don't know what is the actual selling price.

Posted by calvintaneng > 2016-04-19 21:58 |

Post removed.Why?

Posted by calvintaneng > 2016-04-19 22:01 | Report Abuse

Lk036 & buddyinvest

I can't load the picture here but you can scroll up & see the picture in the main page. I will cut and paste it there shortly.

Posted by Lk036 > 2016-04-20 00:12 | Report Abuse

Calvin, for Melia residence the built up ard is 2006 square foot for type A, 22x75.

Posted by calvintaneng > 2016-04-20 08:49 | Report Abuse

Lk036

Calvin, for Melia residence the built up ard is 2006 square foot for type A, 22x75.
20/04/2016 00:12


Good morning Lk036,

2006 sq ft divides by 2 = 1,003 sq ft for each floor

1,0003 divided by 22 ft wide = 45.5 ft length

So 75 ft long minus 45.5 ft body length = 29.5 ft

Assuming 5 ft for the back there is a generous 24.5 ft for the front porch car parking space.

THIS IS AN OUTRIGHT BUY For Less than Rm600K

Posted by dami > 2016-04-20 12:06 | Report Abuse

Fewer property launches seen due to softening market and bleak household sentiment.

Posted by dami > 2016-04-20 12:06 | Report Abuse

According to Napic, major states such as Johor and Penang saw substantial declines in new launches, down by 42.8% (9,428 units) and 47.5% (2,348 units), respectively.

Posted by dami > 2016-04-20 12:07 | Report Abuse

Echoing Napic’s report, Chua said the residential property sub-sector would be experiencing further softening in 2016 in view of the various internal and external uncertainties.

Posted by dami > 2016-04-20 12:07 | Report Abuse

Napic, in its general outlook for the local property sector in 2016, said the economic and financial environment (both local and global) would be even more challenging this year.

Posted by dami > 2016-04-20 12:07 | Report Abuse

On a cautionary note, the agency also indicated some (negative) points, namely, fast growth in household debt, high indebtedness of the private sector, the weakest credit growth (since 2009) as well as weak governance.

Posted by dami > 2016-04-20 12:08 | Report Abuse

“All these factors will have an influence on the behaviour of market players at large, the real estate industry, in particular, buyers’ sentiment and business confidence.”

According to Napic data, the residential overhang situation took a downturn in 2014.

“There were 11,316 overhang units worth RM5.9bil, up by 16.3% in volume and 56% in value. Johor, which held 21.9% of the national overhang, saw its overhang increase to 2,483 units, up by 8.5% due to higher unsold terrace and serviced apartment types.”

Chua expects an overhang increase in 2016.

Posted by dami > 2016-04-20 12:08 | Report Abuse

Napic also said the number of unsold units under construction recorded an increase of 28.6% to 68,760 units due to large numbers of unsold condominium and service apartment units.

Posted by dami > 2016-04-20 12:09 | Report Abuse

Terraced houses formed the bulk of the overhang units, said Napic, which accounted for 39.9% (4,519 units) of the total.

“Most were concentrated in Johor (1,194 units; 26.4 units). As for the unsold under construction category, service apartments outnumbered other types, accounting for 27.9% (19,192 units) whilst the constructed category saw condominiums and apartments dominating, accounting for 41.1% (4,397 units) of the total.”

Posted by dami > 2016-04-20 13:37 | Report Abuse

Do not ask the taxi driver about the value of your home. Click here at The Edge Reference Price to find out.

Posted by dami > 2016-04-20 13:38 | Report Abuse

Do not ask your uncle about the value of your home.

Posted by AyamDua > 2016-04-20 17:23 | Report Abuse

Ayam Tua is desperately wanted to sell his CPO futures bought RM 2000~RM 2200

Posted by calvintaneng > 2016-04-20 20:01 | Report Abuse

AyamDua Ayam Tua is desperately wanted to sell his CPO futures bought RM 2000~RM 2200
20/04/2016 17:23

Another Very Wonderful Performance of CPO Future again today!

Very Spectacular Rise of over 2,700 points again!!

On track to 6,000 points!

Tell AyamTua to hold tight tight all CPO futures for A Great Handsome Windfall!

This time Really KAYA LEOW!!!

Posted by Lk036 > 2016-04-21 08:09 | Report Abuse

Calvin, morning. Low land is bad for oil plam and also housing. I think if La Niña happen in malaysia, oil palm output will b worse cause fruit harvest not able to carry out at flooded area. Moreover fruit which exposed to rain n water will damage easily compare when dry.
Calvin, do you know melia residence area is prone to flood or is it quite save even heavy n long La Niña?

Posted by calvintaneng > 2016-04-21 09:03 | Report Abuse

Lk036 Calvin, morning. Low land is bad for oil plam and also housing. I think if La Niña happen in malaysia, oil palm output will b worse cause fruit harvest not able to carry out at flooded area. Moreover fruit which exposed to rain n water will damage easily compare when dry.
Calvin, do you know melia residence area is prone to flood or is it quite save even heavy n long La Niña?
21/04/2016 08:09

Melia Residence is located directly opposite Leisure Farm. Its lands are at least 10 to 15 feet above the Truck Road. So it is safe from flooding. Since it is located so near to Plus Highway the only concern is noise.

Posted by Lk036 > 2016-04-21 09:06 | Report Abuse

Thanks, Calvin.