Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Wednesday, June 1, 2011

The best online trading portal/facility in Malaysia

Ok..this is stock-related entry.

Just wanna list down some of the best online trading facility in malaysia based on my research on the internet. It's just in random order.

1. HLe-broking

2. OSK

3. Apexetrade

4. iTradeCIMB

5. Jupiter

6. Hmm...any other recommendations? ;p


I'm planning to play the stock game first as a learning process. So far, i got a few options but still not making any decisions. CIMB stock game perhaps? Oh and here are the options:

1. itradeCIMB stock game

2. OSK 188 stock game

3. MBB stock game


Confuse...confuse...



Monday, May 30, 2011

Home renovation tips

hahah..title macam i je yang pro. Tak dela. Just wanna share and put in the blog as reference. So happy coz the tenant finally checked out. hehe. So bolehla nak mintak kunci drpd owner untuk survey2 rumah tu lagi sekali. Last time pergi masa tenant ada lagi. Just a short trip n tak sempat pun nak survey2 secara detail.

Oh ye..we bought this house subsale. Rumah ni rumah lama. Why did we buy it?

Hmm.. potential area n the neighborhood are the major reasons.. Sekarang dah memang pasti yang jiran sebelah-menyebelah kami adalah orang melayu jugak.

Haihh...pening pening memikirkan house renovation nih..Yang penting kena pergi check dulu all the defects dan buat planning betul2 supaya tak delah wasting money untuk perkara2 yang tak perlu.

Here's one of the articles regarding house renovation i found very interesting. It's UK's website. Tapi, adalah some points yang boleh dijadikan rujukan.hehe.


The 20 most common renovation mistakes and how to avoid them.

1. Taking on the Wrong Project: No matter how organised or experienced you are, renovating is a stressful and timeconsuming process, so unless a project is guaranteed to give you either your dream home, or make you money, you are taking on the wrong property.

Whether you are thinking of renovating your own home, or are looking to buy a place to renovate, assess the property’s potential and have a clear idea of your goals: are you looking to create a long-term home, to climb the housing ladder, or just to get as much space as you can afford?

Unless you plan to live in the property for the foreseeable future, you should make sure that you will be able to resell it should you need to, and at least break even.

2. Buying Without a Survey: Don’t wait to discover damp, rot, subsidence or other major structural defects until it is too late. Find out as much about a property as possible before you buy, or before you start any work. A building survey, undertaken by a Chartered Building Surveyor (www.rics.org.uk) will provide information on the type of construction and materials used, and will give details of any defects found, their remedy and an indication of the likely cost.

It is also worth commissioning a measured survey of the building, providing you with a detailed set of floorplans and elevations upon which to base your proposed design alterations.

3. Hiring Cowboy Builders: Renovation can turn into a nightmare if your builders or subcontractors fail to do a good job. Always be suspicious of an estimate or quote that is considerably cheaper than all the others, or someone who is available for work immediately. Ask for references, and speak to their previous clients.

Make Sure Your Builder…

  • Is confident of undertaking the required work.
  • Understands the job and what is involved.
  • Has undertaken similar work before.
  • Will provide details of previous clients.
  • Seems to understand what you are trying to achieve.

Ask Their Previous Clients…

  • What was the builder like to work with?
  • Was the work of a satisfactory standard?
  • Was the project completed on time?
  • Was the project completed on budget?
  • Were they neat, tidy and reasonably quiet?
  • Would they use them again?

4. Underestimating Costs: Renovation work always costs more than you expect. This is because some problems are not revealed until you start work and uncover them, but mostly because items are forgotten from the budget, or because you change your mind and alter the design or specification. Professional renovators always leave a contingency of between 10-20% to cover these costs and fully expect to have to spend it.

Before you can start to predict costs, you need to have a good idea of your proposed plans, your specification for fixtures and fittings, and have decided who is doing what. To estimate costs, look at other people’s projects and expect to spend a similar amount, taking into account how much work they did themselves, when the project was completed, and the variation in labour costs.

Alternatively, get a builder’s estimate. This is a builder’s best guess of what your renovation project is going to cost, based on what they can see and the information you have provided them with. This is not a quote and the builder cannot be held to it, but an experienced builder should be able to give a fairly accurate guess.

Finally, prepare your own budget by listing all tasks, the materials required, and who is going to do the work. You can then go out and get quotes for materials and estimates for each trade. Make sure you allow for skips, scaffold hire, plant hire, and tools.

5. Ignoring Rules & Regulations: There is no point in ignoring the requirements of the law, as it will eventually catch up with you, so do not undertake any work without first checking the following:

  • Do you need planning permission? Ask the local authority.
  • Do you need Building Regulations approval? Ask the local authority.
  • Do you need to notify neighbours? Check the Party Wall Act.
  • Do you need to notify leaseholders or get permission from others? Check your deeds for restrictive covenants, leases or other overriding interests in the land.

If you fail to get planning permission, you can apply retrospectively, but if this fails you may have to undo alterations or extensions. Altering a listed building without consent is a criminal offence.

If you fail to get Building Regulations approval, you will have to prove compliance. This may mean undoing completed work. If you fail to observe the Party Wall Act, it can lead to an injunction and delay your project whilst you get an agreement in place. Breaching a restrictive covenant or the terms of a lease can lead to an injunction, and you may have to make a financial settlement or remove your alterations or extensions.

6. Using the Wrong Materials: The use of modern impermeable materials, such as very hard cement mortar mixes, plastics and impermeable coatings, can create all sorts of problems in period houses constructed using traditional materials, leading to damp that can result in damage to the structure. In the case of earth-based construction systems, such as cob, clom, clunch, clay daub and dabbins, the effects of insensitive repairs such as chemical damp-proof courses can be disastrous.

  • Avoid replacing soft lime mortars with hard cement mixes when re-pointing.
  • Avoid hard cement renders on traditional solid-walled buildings — use a breathable, flexible lime-rich mix.
  • Do not use waterproof paint or sealant on a traditional solid-walled building.
  • Avoid hard cement backing for gypsum plaster on the inside of the external walls in solid-walled buildings.
  • Ensure materials are visually sympathetic. Avoid stone cladding, pebbledash, roughcast or PVCu on a period building.

7. Scrimping on Design: A good design scheme can transform a property and its value, and is worth every penny. Poor design, or no design at all, can cause the following problems:

  • Ill-judged applications could prejudice the planning process, leading to refusal and planning blight.
  • Poor design can squander potential, waste space and fail to maximise value.
  • Over-complicated design can add unnecessary costs and delays.
  • Failing to listen to your brief and objectives can lead to an unsatisfactory result, wasted time and fees.
  • Lack of detail or errors can cause delays and complications on site and expose you to charges for variations to the contract.

8. Taking the Wrong Energy-Saving Measures: The energy saved by installing double glazing in place of single will take 15-20 years to pay itself back, by which time you may have moved on. There is no point, therefore, in replacing period windows that could be repaired just to save energy. Instead, focus your budget on those energy-saving measures with the shortest payback. These are as follows:

  • Draft exclusion
  • Energy-efficient light bulbs
  • Hot water tank and pipe insulation
  • Loft insulation
  • Cavity wall insulation
  • Upgrading to a condensing boiler

It is worth investigating whether your local authority operates any grants to help with energy-efficiency measures by calling or visiting their website. Grants and VAT relief are also available on some energy-efficiency measures. Visit www.est.org.uk for details.

9. Removing Period Detail: Removing original period windows and exterior doors can destroy a period property’s character, and its value, unless they are sympathetically replaced. Authentic replicas are expensive, so always consider repair as a first option. Cheaper, off-theshelf joinery is rarely appropriate and is unlikely to fit the original openings and so will look wrong.

If the original external joinery has already been removed, research neighbouring properties or books to find appropriate styles. Avoid modern hybrid products, such as front doors with built-in fanlights.

Try and observe the techniques and materials used in the building’s original construction and try and repair, or replace, on a like-for-like basis. Internally, try and preserve original doors, floorboards, fireplaces and plaster mouldings if they are still intact. Most features are not purely decorative, but also have a practical purpose, either structural or cosmetic, and removal is only likely to necessitate an alternative solution. Conservation is cost efficient and ecological.

10. Making Piecemeal Additions: Do not renovate your property by making small, half-hearted additions, as and when money allows. It is common to find an old cottage that has had several small extensions added, on an almost room-by-room basis, with flat roofs, lean-tos, boxy conservatories, and other carbuncles bolted onto every elevation. Such additions eventually cripple a property, both in its ability to function as a home with a fluid layout, and in terms of value.

Difficult though it is, it is often best to take a step or two backwards before moving forwards, by demolishing such additions and taking the building back to its original form before extending and remodelling. Unfortunately, sometimes this previous legacy of improvements has added just enough value to make their removal unviable financially.

11. Wasting Existing Space: Before making plans to add an extension to your renovation project, consider how you can use the existing space. There are many measures that will help to make a property feel more spacious and which will add to its value, yet which cost a fraction of the price of extending. Think about converting the attic, garage, cellar or other attached outbuildings. The following ideas can be applied to any property but are particularly appropriate to those where space is an issue:

  • Reuse wasted circulation space.
  • Use carefully positioned mirrors.
  • Use a space-efficient staircase.
  • Create mezzanine levels.
  • Improve the flow, adding doorways.
  • Change the direction a door swings in, or use sliders or bi-folds.
  • Remove walls and remodel.
  • Use space-efficient furniture with dual purposes.
  • Add patio doors to create the illusion of the garden being part of the house.
  • Improve lighting design.
  • Use informal room dividers.
  • Use space-efficient storage.
  • Combine rooms — such as open plan kitchen/dining room layouts.
  • Use borrowed light.
  • Install space-efficient heating.

12. Creating New Damp Problems: Solving damp is one of the most important tasks for any renovator, but sometimes well-intended improvements can inadvertently create new damp problems. Here are some of the common causes:

  • Raising external ground levels above the dampproof course (DPC), or above floor level, leading to penetrating damp.
  • Painting the exterior of a solid-walled building (no clear cavity) with impermeable waterproof paints or sealants—leading to penetrating damp.
  • Adding double glazing and blocking fireplaces, flues and vents without compensating with adequate alternative ventilation — leading to condensation problems.
  • Sloping new paths towards rather than away from the building—leading to penetrating damp.
  • Making new additions, such as a conservatory or extension, without fitting flashings, cavity trays, or other suitable means to divert any damp away from the building.
  • Using hard cement fillets as a weatherproofing measure in valleys, abutments or at the base if chimneys — it will crack, and damp will be able to get in. Use lead flashings, valleys and skirt/apron.
  • Sealing the roof structure with new felt or spray-on urethane insulation without ensuring the timbers are adequately ventilated.
  • Using hard cement render mixes on the exteriors, as they will eventually crack and draw in penetrating damp through capillary action.
  • Pouring a new concrete floor in place of a suspended timber floor without adding adequate damp-proofing measures, both horizontally and vertically, and compensating for the loss of subfloor vents.

13. Taking on Too Much DIY: Undertaking work yourself can allow you to control costs and quality, but don’t be over-ambitious and plan to do more work than you really have time – or the skill – to undertake successfully. You could end up slowing the whole project down and living in a building site for years, which can in turn lead to family conflicts and potentially to accidents.

Bad DIY will also cost you dearly, slowing down the other trades, wasting materials, sometimes causing work to be done twice, and ultimately devaluing the property if it is not put right. You can get so tied up in DIY work that you lose focus on running the project and keeping up with decisions.

14. Working in the Wrong Order: A typical hierarchy of works for the renovation of a derelict property is as follows:

  • STOP FURTHER DECAY: Keep out the elements. Take out buildings insurance, including public liability.
  • STABILISE THE BUILDING: Make the site safe to work on. This might mean underpinning or piling work to stabilise existing foundations, the insertion of steel tension rods or ties to stop lateral spread, or the insertion of steel props, beams or scaffold to prevent further collapse before repairs.
  • STRIP BACK AND SALVAGE WHAT CAN BE REUSED: Private individuals can get rid of waste for free at local authority tips. Salvage anything of value and store for reuse or sell on via eBay or a salvage yard.
  • UNDERTAKE MAJOR BUILDING WORK: Build or replace any floors, walls, roofs or extensions. Carry out any re-pointing, injecting of DPCs, tanking, rendering, chemical treatments etc. If possible, only break through to the existing structure once the new work is complete.
  • MAKE THE SHELL WEATHERTIGHT: Once the roof structure is complete, the structure should be made weathertight. Exterior doors and windows should be installed and glazed, or covered with boards.
  • FIRST FIX: Build internal stud walls, fix floorboards, door linings, window reveals and cills and then undertake first fix plumbing and electrics.
  • RE-PLASTER/REPAIR PLASTER: Apply plasterboard/dry-lining to walls and ceilings, or repair any damaged plaster. Floor screeds for the ground floor will be laid at this point.
  • SECOND FIX: Lay timber, stone or tiled floors, hang doors, fix skirting and architrave, box in services. Install the bathroom, kitchen, boiler and fit radiators. Complete all painting, staining and tiling.

15. Making Unsafe Structural Alterations: Removing structural elements such as load-bearing walls, chimney breasts, lintels, columns, piers or buttresses, or cutting out roof timbers without compensating for the alteration can lead to disaster. The building may not collapse – although this is not unheard of – but it will lead to major movement in the building, followed by all manner of problems, from stuck windows and doors to warped floors and partial collapse of walls, roof or chimney stack.

An experienced builder will be able to identify which components are structural and how to compensate for their removal. The building inspector will want to know of any changes and how you propose to deal with them, and they may request calculations from a structural engineer.

16. Living on Site During the Major Work: Living on site can offer many advantages such as improved security, being on hand for weekend or out of hours deliveries, being available for early site meetings, being able to keep an eye on the work, or having the project close to hand for those working on a DIY basis. The downside is that the project is always there and you cannot escape it, which can become oppressive. It is best to move out at least whilst the major work is being undertaken, such as major demolition or construction, especially if you have children or pets.

If you cannot move out, try and isolate the construction work from your living space using plastic sheeting carefully taped up, by avoiding knocking through to connect new and existing parts until you are ready to plaster, and by making sure the builders have separate welfare facilities, i.e. a WC, rest room and access to water and a kettle.

17. Leaving Builders to Make Decisions: Renovating involves making countless decisions, from which improvements to make and the choice of fixtures and fittings, down to the route for new services such as plumbing, or how details should be finished off. Many of these decisions need to be made quickly if they are not to hold up work, and so you need to allow time for this, based on what will be the most practical and aesthetically pleasing solution. If you leave such decisions to builders, they will invariably do whatever is easiest and quickest for them, and this can look awful. The trouble is, once the work is done, you have to pay twice if you later want to make changes and the builders will hate you for it too. A good builder should warn you well in advance of the decisions that they need you to make. Listen to them, spend time on site visits, and keep up to speed.

18. Ignoring the Garden: Don’t forget to leave some money in your renovation budget for landscaping the garden and forming the drive and paths. If you are renovating a long-term home you can leave this until time and money allow, but if you are planning to sell on, an incomplete garden can have a serious impact on resale value, no matter how nicely the property is renovated.

19. Getting Carried Away With Fixtures and Finishes: As you reach the second fix stage of the project, it is easy to think you are on the home straight, under budget, and that you can start splashing out on designer bathrooms, taps, expensive handmade tiles, luxury showers, chrome sockets and switches, column radiators and all manner of great features. The trouble is you probably still have a third of your budget to go, and you can easily run out of money.

Keep track of your budget throughout the project and always have an idea of how much you have left. If you do underspend, or you have budgeted for high-quality finishes, then no problem, but do not end up running out of money needed to pay for work or bills still to come.

20. Paying Too Much Tax: If a contractor is not VAT registered, make sure they do not charge you VAT. If your project is subject to any VAT concessions, make sure that the appropriate rate is charged.

If your renovation project is a conversion or the renovation of a dwelling that has been empty for ten years or more, then it is largely zerorated for VAT. Your contractors should charge the reduced rate (currently 5%) on eligible labour and materials, and you can claim this back, together with any standard-rated VAT (currently 17.5%) you have paid to buy materials. See HMRC Notice 719 (www.hmrc.gov.uk).

If you are undertaking major reconstruction of a building that has little architectural merit, consider whether or not it would be more costeffective to demolish it altogether and start from scratch, as this will save you 17.5% VAT on all eligible labour and materials (you are allowed to leave a basement in place, or a single facade if required to do so by the planners).

VAT relief is also available for some other types of renovation work, providing it is undertaken by a VAT-registered contractor. Make sure you are charged the right amount.

‘Work qualifying for VAT relief but with no DIY’ refund scheme:

  • Approved alterations to listed buildings.
  • Substantial reconstruction of a listed building.
  • Dwellings empty for at least three years.
  • Renovation of a dwelling that involves a change in the number of units.
  • The installation of energy-efficient materials.

Source: http://www.homebuilding.co.uk



Friday, May 27, 2011

School holiday!


Yeay! After several hectic weeks with loads of works to be done, it's holiday at last!

Hmm my main objective : ganti puasa! Hahah.. Tak habis ganti lagi ni.

2nd objective : sofea learns the basic of underwater swimming. Hehe. I figured that we can't force children to swim..but we can create a joyful moments of learning so that they'll feel comfortable n safe in the water. So far, she's very confident above the surface. But I dun think she's ready to go below the surface.

And thanx to internet....at least I get some ideas on how to teach my daughter to love water and finally swimming. But surely a long process n need a lot of patience, compassion, time n energy. Huhu. We'll see how it goes;-)

3rd objective : finish marking the students exam paper.

4th objective : Finish reading my book on japanese candlesticks so that I can start investing in stocks using virtual money. N after I convince mylocx i'm a good investor n know when to buy or when to sell, then I can jump into the real game. Tapi itu rasanya jauh lagi. Yg penting, learn the fundamental things first. Hahah.

Last but not least....harap2 dapat update blog selalu.hehe.

Daa...

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Monday, May 9, 2011

Vacant possession


Ok..terasa lama sgt x update. Super duper malas. Huhu. Asal nak update je adalah hal2 lain yg nak setel.

On the previous weekend, (1 mei) we all went to gelang patah, johor. My cousin's wedding. Was a very long journey pergi balik coz it's jam to the max at seremban n melaka. Stayed one night at gelang patah homestay n one night at my MIL house in Kluang. Overall it's a wonderful weekend but terribly exhausted. Nanti i upload photo kalau rajin.

At the moment, our mind are focusing too much on home renovation. Vacant possession is somewhere around july. Hopefully we'll get the key a.s.a.p so that we can start planning for the reno. The major concern is the budget. Coz memang x nak buat personal loan semata mata utk reno. For us, proceed within the budget, n buat yg penting2 mcm plaster ceiling, repair the defects, painting, n perhaps the floor n the bathroom. Kalau tak cukup budget, then cancel mana2 yg patut.

As for now, we're doing some researches in order to get some idea on how to start renovating a house from a to z. I'm planning to share the whole procedures in the blog if i got time.

To those yg dah pernah renovate rumah or ada experience bout this matter, bolehla sharing info kay.

I mean, recommended contractors, cost, tips, etc etc.

Till then. Daa...

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Friday, April 15, 2011

Sale & Purchase Agreement


Alhamdulillah..
After a few months uruskan benda nih.. mylocx boleh tidur agak lena kot. haha. So after sign S&P adelah dlm 3 or 4 bulan kot baru merasa nak duduk rumah sendiri. Sebaik la freehold..kalau listhold lagi lama nak tunggu xsilap i. Around 5 months gitu kot.

Hmm.. jenuh gak mylocx duk survey2 bank loan yang paling menarik. Coz kena ambil kira interest rate, legal fees, lawyer fees, MRTA bla bla bla.. In the end, opt for HSBC..
Yang penting, Islamic. Kalau tak islamic....baguih cana pun not worth it ye dak?

So pasni bolehla nak pikir2 about renovation. Rumah tu bukan baru..kira basic je la. So kalau nak renovate apa2 yg mampu it's better buat before pindah. Still dalam planning lagi. Yang furniture ke deco2 ke hape ke later2 pun tak pe. Kopak aa nak buat semua at one time.

Apapun.. yg bestnya, neighborhood kat situ n distance nak pergi tempat keje i.sangat dekat.hehe.

Will update later.

Daa.





Wednesday, April 6, 2011

Proposed MRT station : Bandar Tun Hussein Onn

Ceh.. excited terlebih plak den. Hehe. Btw, i memang tak sabar nak pindah BTHO nih. Another 3 months or so la baru jadi reality kot. Skang dalam proses purchasing a house lagi.

Hopefully it's a good investment in the future!

Here's an article from http://www.spad.gov.my

Jemaah Menteri pada mesyuarat mingguannya semalam telah meluluskan perlaksanaan projek aliran transit massa ataupun mass rapid transit (MRT) di Lembah Klang.
Projek MRT yang merupakan projek infrastruktur yang terbesar di Malaysia, adalah satu economic entry point (EPP) untuk NKEA untuk Greater Kuala Lumpur/Lembah Klang di bawah Program Transformasi Ekonomi kerajaan.

Projek MRT akan meningkatkan kadar penggunaan pengangkutan awam berbanding pengangkutan persendirian (modal split) daripada 12% pada tahun 2009 kepada 50% pada tahun 2020 di mana perkhidmatan rel akan menampung kira-kira 50% daripada semua perjalanan dengan menggunakan pengangkutan awam. Penambahbaikkan mobiliti dengan projek MRT akan menjadikan Greater Kuala Lumpur/Lembah Klang tempat tumpuan pelaburan dan modal insan.
Projek MRT ini akan menjana sebanyak 130,000 peluang pekerjaan dalam tempoh masa pembangunannya. Projek ini juga dijangka akan menjana “Gross National Income (GNI)” di antara RM3 bilion dan RM4 bilion setiap tahun dari 2011 ke 2020, hasil daripada pembinaan dan operasi. Antara RM8 bilion dan RM12 bilion akan dijana melalui “spinoff” dari kerja-kerja pembinaan. Sebanyak RM21 bilion impak incremental GNI setiap tahun akan dijana pada tahun 2020 dari penambahan nilai hartanah dan penambahan kadar produktiviti.

Kerja pembangunan projek tersebut dijangka akan bermula Julai tahun depan dan akan mengambil masa lima atau enam tahun.

Laluan pertama projek MRT ini akan menghubungi Sungai Buloh dengan Kajang dan akan melalui pusat bandaraya Kuala Lumpur. Jarak laluan ini adalah lebih kurang 60km dan 35 stesen akan dibangunkan sepanjang laluan ini. Stesen-stesen integrasi akan dibangunkan di lokasi di mana laluan MRT bersilang dengan laluan KTM Komuter, laluan transit aliran ringan atau light rail transit (LRT) Kelana Jaya dan laluan LRT Ampang.

Laluan MRT Sungai Buloh-Kajang ini akan memberi perkhidmatan tren yang efisyen kepada kira-kira 1.2 juta penduduk. MRT tersebut akan melalui kawasan padat penduduk seperti Kota Damansara, Mutiara Damansara, Bandar Utama, Taman Tun Dr Ismail, Bukit Damansara, Cheras, Bandar Tun Hussein Onn and Balakong. Lebih daripada 400,000 orang dijangka akan menggunakan perkhidmatan MRT tersebut setiap hari.
Laluan muktamad MRT tersebut serta lokasi stesen-stesen masih belum ditetapkan dan kajian pengurusan nilai (value management studies) akan dijalankan untuk menentukan laluan yang muktamad dengan mengambil kira kadar penggunaan yang optima serta pengrealisasian nilai hartanah yang maksima. Oleh kerana ini, kos projek yang tepat hanya akan dapat ditetapkan setelah kajian tersebut diselesaikan.

Kerajaan telah memilih laluan Sungai Buloh-Kajang untuk memulakan projek MRT di Lembah Klang kerana koridor ini tidak mempunyai perkhidmatan pengangkutan awam rel yang mencukupi. Pada masa yang sama, kajian terperinci atas laluan ini telahpun dijalankan kerana laluan ini telah dicadang oleh Syarikat Prasarana Negara Berhad pada tahun 2006 dan juga oleh MMC-Gamuda Joint Venture Sdn Bhd baru-baru ini.

Laluan MRT Sungai Buloh-Kajang adalah fasa pertama dalam pembangunan jaringan MRT di Lembah Klang. Laluan-laluan yang akan dibangunkan pada masa hadapan telah dicadangkan dan kini sedang dikaji di bawah skop Pelan Induk Pengangkutan Awam Bandar yang dijalankan oleh Suruhanjaya Pengangkutan Awam Darat. Pembanguan laluan-laluan yang lain itu akan dilaksanakan dalam beberapa fasa.

Jemaah Menteri hari ini juga memutuskan bahawa Syarikat Prasarana Negara Berhad, satu syarikat milik penuh Kementerian Kewangan Inc, sebagai pemilik infrastruktur projek MRT, dan Suruhanjaya Pengangkutan Awam Darat sebagai pihak penyelia (supervising agency) projek tersebut.

Jemaah Menteri juga membuat keputusan untuk melantik MMC-Gamuda Joint Venture Sdn Bhd sebagai Project Delivery Partner (PDP) untuk projek MRT. Perlantikan ini berasaskan kedudukan kewangan kedua-dua syarikat tersebut yang disenarai di Bursa Malaysia serta rekod yang cemerlang dan pengalaman dalam bidang pembangunan projek rel dan terowong yang besar dan kompleks.'

Pihak PDP akan memainkan peranan yang serupa dengan pengurus projek tetapi dengan tanggungjawab tambahan untuk mempastikan projek itu disempurnakan dalam masa dan mengikut kos yang ditetapkan. Sebarang kos lebihan (cost overrun) and apa-apa kelewatan projek (project delays) akan ditanggung oleh pihak PDP.

Peranan PDP tidak serupa dengan peranan yang dimainkan oleh kontraktor turn-key dan projek ini akan dibahagikan kepada pakej-pakej kerja yang akan diberikan secara berasingan melalui proses tender terbuka. Kerajaan akan membuat keputusan terakhir atas kontrak-kontrak untuk pakej-pakej kerja projek MRT.

Pihak PDP tidak akan dibenarkan mengambil bahagian dalam proses tender tersebut kecuali untuk pakej terowong. Pengecualian ini diberi kerana pihak PDP merupakan satu-satunya syarikat tempatan yang mempunyai kebolehan untuk melaksanakan kerja-kerja terowong yang besar, seperti projek Terowong SMART di Kuala Lumpur dan projek Kaohsiung MRT di Taiwan. Walau bagaimanapun, pihak PDP perlu bersaing dengan syarikat-syarikat yang lain untuk memperolehi pakej terowong ini.

Kenyataan media dikeluarkan oleh:
Suruhanjaya Pengangkutan Awam Darat,18 Dis 2010


Saturday, February 19, 2011

House purchase


I've to go to work today.

Sekolah ganti ye.

But today xde P n P.coz ada sambutan Maulidur Rasul.

There goes my sweet saturday morning.haihh.

Hmm a little update on the house. We finally made a deal with the owner n dah baya booking pun.through agent.

So now..waiting for the Letter of Purchase. Dah dpt letter tu barula boleh apply loan n lawyer bla bla bla. Harap2 loan lepasla. Kalau tak, kena la combine.

Mylocx dah prepare awal2 mintak sign tenant kat cyber.(sambung tenancy agreement for another 6 months).sbb aritu tempoh first 6 months dah expired. So bank tau rumah yg satu tu ada tenant n ada side income n lebih senang la bank nak kasi pinjam for another house loan.

I'll pray everything will run smoothly. Memang mahal la bli subsale tp mmg potential area, great neighborhood n easy access to banyak kemudahan. Hopefully it's a good investment. InsyaAllah.

More update later. Ada rezki ke xde rezki ke nak beli umah tu I akan share nanti.

Daa.

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Saturday, February 12, 2011

House viewing - bandar tun hussein onn


Aritu I ada mention yg mylocx x prefer rumah yg above 300K kan. But after considering many aspects..we thought that double storey house area tun hussein onn tu kalau dapat below 350K maybe worth it.

Coz ada satu rumah yg kami interested ni harga below 350K. Memang agak luas la. To be frank, we all met the agent yesterday to view the house. Ada tenant dok situ. So far okla. Rumah tu basic je cuma ada tambah sket kat bhgn belakang dapur. Leh wat sidai2 kain kat situ.

Price is negotiable. So far dlm 340K cmtu. Kalau jadi amek nak try mintak kurang sket. Mylocx dok buat calculation n research on the procedures (eg lawyer, banker, monthly payment etc). Tp rumah tu bukan barula. It's just the area n neighborhood. Kawasan situ very high potential kot. Bakal menjadi semakin mahal kalau jadi buat MRT kat situ. Huhu.

Depan rumah tu xde rumah lain coz ada bukit batu. So agak redupla row tu. Hehe. Nak gi masjid dlm 1 minute like that. N sgt dekat ngan kemudahan2 lain. Sangat dekat dgn jusco cheras selatan, my school:-P, sekolah rendah n menengah, carrefour, petronas, shoplots n others.

Rumah tu pun agak selesala.4Bed 3bath.well, tengah pikir2 lagini. Hehe.

Later.

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Monday, February 7, 2011

rumahku syurgaku??

yeke rumahku syurgaku?...hmm syurga dunia ye la kot kan. Tu pun kalau rumah tu memang betul2 tempat mendatangkan ketenangan & kebahagiaan. hehe.

Hmm...me n mylocx masih dalam misi mencari second house. Oh sangatlah tertekannya to find the perfect one for us. Not perfect...but perfect for us. Well, memandangkan i skang dah kerja kat Cheras Perdana..so we r planning to buy a house yang dekat2 situla.. preferably Bandar Tun Hussein Onn. Well actually i memang quite jatuh hati la ngan area tu. Ramai Malays, ada surau and bersih je kawasan dia even rumah bukan yang baru2. Peaceful. Tu yang ramai dok situ xmau keluar2 dah..haha.

Problem.

Tetaplah ada problems kan kalau nak beli property tu. Apa yg i boleh state di sini, firstly is the market price. Mahai la ya amat compared to harga asal. Ni semua property bubbles nye pasal la ni. Yang kaya terus ghairah beli properties. Yela coz derang memang mampu kan. Yang kesiannya middle/low income people yang nak beli rumah..esp their first house. Secondly, neighborhood area. I sangat particular dgn aspek ini sebab i expect nak stay lama so neighborhood dan keselamatan sangat dititikberatkan.

Mylocx refused to buy a house more than 300K esp rumah yang dah lama. Coz later in time, kalau kitorang nak pindah, bila nak sewakan rumah tu dah agak tak berbaloi. Plus, nak membayornye tiap2 bulan tu tak ke sakit? Mungkin lebih berbaloi kalau dijual sahaja. kihkih.

Not that we can't afford, tapi kan ke lebih baik kalau dapat deal yg lebih murah n menarik? Jimat banyak tuh..hehe. Usaha dulu then baru tawakkal. Perlu diambil kira liabiliti/tanggungan yang ada eg: mortgage first house (tenanted so ianya dikira asset), house rent (sekarang ni we all menyewa), car loan, credit card, insurance (any type of insurances), ptptn loan, maid salary, bills, n other expenses.

So we need to plan plan plan.....

Plan A: Auction! (beli rumah lelong)

Kelebihan: Wayy below market price.

Kekurangan: banyak yang kena wat research, follow up and kerja2 lain yang agak melecehkan. (untuk orang dah bese memang syiok kot lelong ni.hehe) Kitorang ada plan nak beli lelong..tapi bila usya2 neighborhood area memang mengecewakan. So pangkah dulu for the time being.

Plan B: Subsale. Ataupun, beli from owner.

Kelebihan: dapat tengok condition rumah n neighborhood area tapi quite pricey. Yang ni ada option yang menarik. But still, wait and see. Area Tun Hussein Onn ni kalau below 300k boleh dapat single storey or 1.5 storey. Double storey memang tak dapekla kot. Hehe. Same goes to most areas yang berdekatan.

Aritu ada usya2 area Bandar mahkota cheras. Sangat tak berkenan esp seksyen 4,5,6,7 bla bla bla. Why? Well we got our own reasons.hehe. Kalau minat pun area seksyen 1,2,3. Tapi double storey situ memang above 300k la.hehe.

We made a few phone calls. Contact agents here n there. Still no decision to make. huhu.

More update later..

daa.







Sunday, January 30, 2011

Undang-undang pemilikan hartanah di Malaysia adalah paling longgar di dunia???

KUALA LUMPUR 16 Dis. – Undang-undang pemilikan hartanah di Malaysia adalah paling longgar di dunia dan keadaan ini menarik kehadiran pelabur asing sehingga menjejaskan peluang rakyat negara ini.

Persaingan itu menyebabkan nilai sektor berkenaan melambung mencecah paras terlalu tinggi dan berada di luar kemampuan mereka, kata Ahli Jawatankuasa Eksekutif Persatuan Penilai, Pengurus Harta, Ejen Harta dan Perunding Harta Swasta Malaysia (PEPS), Y. H. Ooi.

Beliau yang juga Pengarah Urusan Knight Frank, berkata, nisbah permintaan hartanah antara rakyat tempatan dan asing pada tahun ini adalah 70:30 dan berdasarkan perkiraan semasa, jumlah penguasaan rakyat asing akan meningkat tahun hadapan.

Menurutnya, walaupun peningkatan nilai hartanah membantu meningkatkan ekonomi negara tetapi ia juga memberikan impak negatif kepada rakyat sekiranya tiada kawalan.

Ooi mendakwa, tiada sebarang had dikenakan kepada para pelabur asing dari segi pemilikan jumlah aset dan lokasi sekiranya ingin memiliki hartanah di Malaysia.

Beliau menjelaskan beberapa negara seperti Australia dan Singapura mempunyai undang-undang ketat terhadap pemilikan hartanah di kalangan pelabur asing.

“Antaranya had bilangan aset, hanya boleh membeli aset yang sedang atau belum dibina dan pelbagai lagi bagi melindungi kepentingan rakyat tempatan,” katanya pada sidang akhbar di sini hari ini sempena Sidang Kemuncak Hartanah Malaysia 2011 yang akan diadakan pada 18 Januari depan.

Turut hadir bekas Ketua Pengarah Penilaian, Jabatan Penilaian dan Perkhidmatan Harta, Datuk Mani Usilappan yang juga Ahli Jawatankuasa Eksekutif PEPS dan Presiden PEPS, Choy Yue Kwong.

Ooi berkata, faktor persaingan ini menyebabkan nilai hartanah di kawasan bandar melonjak tinggi dan langsung tidak mampu dimiliki oleh rakyat berpendapatan sederhana serta ke bawah.

“Kita tidak mampu menandingi kuasa beli pelabur asing dan akhirnya hanya mampu melihat aset strategik dimiliki orang luar. Sesuatu perlu diambil untuk menilai semula masalah ini,” kata beliau.

Ooi menambah, pelabur asing yang banyak memiliki aset di Malaysia adalah dari Singapura, Hong Kong, Indonesia, Eropah dan rantau Asia Tengah.

Lokasi yang menarik perhatian mereka adalah Kuala Lumpur dan sekitar Lembah Klang atas faktor infrastruktur dan kemudahan yang serba lengkap.

Mani pula menjelaskan, sekiranya keadaan itu berterusan, mungkin akan timbul persoalan sama ada industri hartanah tempatan dibina untuk rakyat atau pelabur asing.

Sementara itu, Yue Kwong berkata, nilai hartanah di Asia termasuk Malaysia dijangka terus meningkat pada tahun depan berikutan pertumbuhan ekonominya yang positif meskipun berlaku kemerosotan di Amerika Syarikat (AS) dan Eropah.

Katanya, keadaan ekonomi luar yang tidak menggalakkan akan menyaksikan dana pelaburan khususnya sektor hartanah bakal beralih ke Asia dan Malaysia turut mendapat faedahnya berdasarkan kemudahan infrastruktur sedia ada.

Beliau berkata, permintaan tinggi dalam sektor hartanah tempatan akan meningkatkan kadar kecairan pasaran dan nilai hartanah khususnya di Kuala Lumpur.

“Peningkatan nilai hartanah pada tahun depan mungkin tidak setinggi tahun ini yang mencatat peningkatan 30 peratus kerana pertumbuhan ekonomi negara dijangka perlahan,” jelasnya.


Di petik dari Utusan 17.12.2010


Sumber: http://jom2lelong.blogspot.com/




Wednesday, September 29, 2010

Terpaut

..dengan townhouse somewhere at cheras. I dun want to reveal much on the location. Haha.

but seriously i suka!

Memang agak pricey tapi sesuai la kot dengan area dia yang tengah hot skang ni. Mylocx pun dah pening kepala. Well, memang dia pun suka. It's just that kalo jadi beli, then agak tipis sketla chance nak active dlm property investment. Coz the townhouse lebih sesuai for own stay. Kalau later2 nak disewakan agak kurang berbaloi kot sbb byk lagi apartment yg medium-cost area situ. Less profitable. Kalau dah stay for several years n then nak jual...haa...yg tu baru berbaloi kot.

TAPI..

Kalau dapatla duduk rumah situ memang sayang la plak nak pindah. Haha. Yela, dekat jugak ngn KL, ngan tempat kerja i, ada nursery, surau, gym, swimming pool, playground, bla ,bla,bla. Memang duduk cheras lama la jawabnya.kihkih.

Kitorang survey2 je dulu. Ada rezki ada..takde takde la labuuuu.

Well my dear locx, hopefully angan2 i ni bukan angan2 mat jenin la ek. kihkih. U yg introduce i townhouse ni kan..=p

hmm..oh ye, sofea will turn 1 year old a few days from now. Can't wait. Btw, we plan nak buat birthday party sofea tapi terpaksa buat lewat. Ada kekangan sket. So, October 17th insyaallah.
Sunday,2.00 p.m. Kengkawan yg rasa free nak dtg bolehla RSVP me or locx k so we can prepare enough food. Masak sendiri ok!Haha.

Till then.daaa.

Monday, August 23, 2010

next house-hunting


This time around, searching a condo/apartment for own stay.

y a condo/apartment?

well everyone has their own reasons. As for now, our family xdela sebesar mana kan. And talking about landed house semua org nak..sapa tak nak. Tapi, kalau rumah tanah yg ok n masyuk pun area kitorang duduk ni mostly RM300k above. So nanti, bulan2 akan terikat dgn mortgage yg agak membebankan. Agak terkubur jugakla niat nak active in property investment sbb negative cashflow. Yela, logically, kalo dah beli umah cantik n baru, of cozla nak duduk kan, takkan nak bagi sewa. n ofcoz la nak renovate ape2 sketke, interior design la apela, furnitures la bla bla bla. So secara x lgsung bulan2 dah kena allocate money for that purposes. Yeah it's good for some reasons. Rumahku Syurgaku kan. hehe.

But personally, we probably wanna buy a landed house when we already have a very good cash inflow from property investments (the profits can cover the mortgage payments), strategic location, desired area n bigger family. Pihak bank pun akan senang hati nak bagi pinjaman kalau tengok positive cashflow(sebab tu tenancy agreement is very important). Derang akan pastikan pendapatan kita mampu atau tidak utk bayar balik hutang2 bank tu sumer. Even kalau gaji besar pun, tapi hutang piutang belambak nak kena cover every month, susah gak pihak bank nak kasi pinjam. (Mortgage, car loan, credit card, personal loan etc). Takkan nak pinjam dgn Along plak kan. Kes naya tu..=p

As mylocx and i are not very fond of the area which we are currently staying, kitorang pun plan beli rumah yang mana in the future akan dijadikan investment property. InsyaAllah.
Becoz we believe one day kami mesti nak duduk area lain (i plan nak mintak tuka tempat kerja).So, as for now, buying a landed house for permanent stay is not a good idea for us. Plus it's too expensive for our liking. Lagi2 landed house kat sini kurang sesuai to get higher returns
kalau nak disewakan. It's more appropriate to sell rather than to rent. (capital appreciation)

Alhamdulillah we get a good return from our apartment in cyberjaya but the thing is, sekarang ni kami menyewa. So tak bestla kan, duit bulan2 bayar sewa tapi rumah jadi hak milik orang lain. So that's y we wanna seek for another house to stay n in the same time, rumah yg senang nak dapat tenants bila kitorang plan nak keluar nanti.

It's important to select a property that we can afford n it's even more important to select a property that our tenants can afford. Tu yang a bit susah nak cari. It doesn't matter if we alone can afford to purchase the property coz if we can't find a tenant to outweigh the mortgage payments, our property isn't going to generate positive cash flow. Macam tu, rugi / untung pikirla sendiri nabil..hihi.

Yang penting, do it islamic way.

daa.

Saturday, July 24, 2010

Warren Buffet principle

Wow.It's weekend.

Ape plan korang sumer? I japgi nak pergi Jusco Maluri kot. Restock bahan keperluan rumah. Hehe.

Hmm i'm so hungry. Haha. Eating out la hari ni. Best2.

Dok baca various articles bout stock investment.

Btw, ni ada investment principle of Warren Buffet. Just for my reference and for sharing.

Do you know this man? Kalo sape tak kenal tu...Warren Buffet is one of the most successful investors in the world. He's ranked the third wealthiest person in the world as of 2010.
Memang legend la..Sape tak kenal dia kan.

So this is the article.

Stock investments should be looked at in the same way as buying a business. The stock investor is really buying a tiny share or partnership and should apply the same principles that they would in buying a business – the Benjamin Graham approach:

1. The company should be soundly managed. Tests of good management include:


2. The company has demonstrated earning capacity with a likelihood that this will continue. Tests of earning capacity include:

3. The company should have consistently high returns. Warren Buffett would look at both:

4. The company should have a prudent approach to debt.

5. The businesses of the company should be simple and the investor should have an understanding of the company.

See case studies

6. Assuming that all these thresholds are satisfied, the investment should only be made at a reasonable price, with a margin of safety. This is always a matter for independent judgment by the investor but it is relevant to consider:

8. Investors need to take a long term approach.

Hmm..okla. Nak siap2 dah ni. Banyak gak nak beli harini. Including formula milk Sofea. Dia skang minum Enfapro A+. So far memang ok n takde ape alergic, BUT sangat la expensive. Huhu.Takpela, demi baby tersayang.=)

Daa..

Friday, July 16, 2010

Home Sweet Home

Alhamdulillah. It's officially become our house.

Mylocx can sleep peacefully now. Haha.

We bought it for investment purpose.

Are you interested in investment?
Hmm.. we love the idea of investment. Our goal is investing to win & get higher returns. But it will never happen overnight of course.

I remember i'm not a woman with a good financial IQ before. Thankfully i met someone who is equipped with financial intelligence.

I really think people (women mostly) should increase their financial IQ sebab sekarang ni, money is the key to almost everything. So takdela terlalu bergantung pada husband kan. In case anything happen, we always have back ups.

I start to open my eyes when i read books regarding money & finance. Now i share the same interest with mylocx. When 2 minds think alike, the results are twice better.

I believe that investment is not that risky if we have good financial education. For now, mylocx is focusing on real estate investment. Dia bukan terus main beli je. Research is the crucial part of investing. Wanna invest money? Then firstly you need to invest time to educate yourself.

I plan to jump in stock investment (islamic). And now, apart from many things i need to take care of, i have to invest some times to learn about stocks. To be honest, i dun even have the skills and it's not easy at all. But with the plan in mind, i really need to start the process by actually taking the action. Step by step.

The learning is ongoing though. But now, i bangga la jugak coz i dah faham sket bila baca tentang stocks or when i read the charts. Mylocx is very supportive. But he wants to monitor my performance first (by playing simulation game of stocks investment).

If i'm doing good enough, and dia btol2 convinced (plus mmg ada enough ready cash) haa...then i can jump right in the real thing. Hehe. Dia nak focus kat property so dia suruh i educate him ape2 yg patutla on stocks.

So okla. Ni ada pix of our house. It's fully furnished. Seronokla tenants tu sumer. Haha.


The Domain@Neocyber.


Monthly rental : RM2000
(fully furnished)
Tenant-occupied


It's a very small space u see. Memang suitable for students / working people yang tak de family lagi.

Kalau ada info2 yg best nanti i share lagi about investment. Yang penting, always prepare extra ready cash for atleast 6 months salary.

Daa..