Penang I Property - Penang Property, House For Sale and Rent Blogspot

Wednesday, March 13, 2013

IOI集团高庭上诉得直　新港争议山坡计划开行

（槟城11日讯）大马富豪丹斯里李深静领导的IOI集团，在槟岛新港的一项遭市政局否决的山坡发展计划峰回路转，发展商将事件带上高庭上诉得直，驳回槟岛市政局的发展禁令，此外面对居民反对的另一项平房计划也在居民撤回上诉后，同样得直发展。

属 IOI集团的发展公司Palmex工业私人有限公司，在新港的山坡发展计划于去年遭市局否决，造成山坡公寓计划面对腰斩。唯发展商较后通过市政局上诉庭上诉得直，成功驳回发展禁令，然而据了解，在发展工程拟开动时，发展商面对民众再向市局上诉局上诉。发展商为免夜长梦多，将事件直接带进高庭。

而高庭也于今年1月下判，指示市政局批准计划，为计划打通大门。此外，据本报了解，除了上述计划在高庭宣判下，计划即将通行无阻开动外，在原地另一项同样面对居民阻挠的平房计划，也在居民撤销向市政局上诉庭上诉后，使到计划终将在无阻下开行。

据了解，Palmex工业计划也是继双威集团（Sunway Group）在新港“双威城”（Sunway City）计划遭槟州首长林冠英援引槟州策划委员会（SPC）主席权力喊停后，遭市局否决的另一计划。- 光华

林冠英：民联掌中央与否　海底隧道计划不变

（槟城11日讯）在面对争议声下，槟州民联政府宣称即使执政中央，海底隧道计划也照样会开跑，不会取消，不过计划会拖慢。槟州首长林冠英是在槟州政府联合槟城论坛（Penang Forum）举行的“隧道及大道”论坛后举行的记者会上，如是表示。约有300人出席在市政厅举行的论坛，使会场座无虚席。

会上，先由槟岛市政局公共工程局主任拉贞德兰汇报工程，接着是槟城论坛代表林马惠市议员发表题为“槟城迈向21世纪？还是倒退”的幻灯片讲解，林冠英则发表槟城宏愿，最后进入提问环节。

共有23人分别轮流发表，其中有9人全力支持政府的隧道配套计划，一人全力反对，部分人当众质疑隧道及大道计划，一些更直指为何在大选前匆忙提出隧道计划，现场也有人提出反建议替代隧道等。

尽管非政府组织已公然提出反对，并曾多次与首长会面，然而论坛上却是各说各的，没有交集，最后州政府强调将依计划进行，非政府组织反对无效。林冠英在会后说，不管是否执政中央，计划还是将继续开跑。- 光华

许廷忠：若废中、廉价屋条例　发展商愿建可负担房屋

（槟城12日讯）汇华产业集团执行主席拿督许廷忠个人认为，如果强制兴建廉价屋及中廉价屋条例废除，发展商将愿意一对一的兴建人民可负担房屋。

在受询人民可负担房屋的屋价时，他说，有“生活方式”的人民可负担房屋，屋价应该是介于25万令吉至30万令吉之间。

他透露，在目前，该集团在槟州的柏淡已动工兴建多达300单位的中廉价房屋，而这些房屋预料于今年杪竣工。他也相信在大选过后，政党的之间的斗争平息后，将能吸引更多中国的投资者前来槟城投资，包括投资产业。

他指出，在以往，该集团的锁定的外国市场为印尼及新加坡，但于未来，它锁定的市场却是中国及欧洲。他是于周二在该集团的一项新闻发布会过后，受记者询问时，如此指出。- 光华

Monday, March 11, 2013

As property prices soar M'sians face the dilemma to sell or buy, or is REITs the answer?

RISING property prices has has brought about two mind-boggling questions posed by property investors: Should I sell my property now that prices have risen? Should I wait for prices to fall before I buy another real estate?

These are hard questions to answer. New property owners are waiting for lower prices whilst current owners are raising their prices hoping to cash in on the price frenzy.

The bottom line is, we just don't know when real estate prices will ever stop escalating. Just when we think prices have stabilised, new property developments are launched at even higher levels!

Instead of buying actual bricks and mortar when investing in real estate, there is as an investment vehicle that offers investors a share in the real estate market in a far more liquid form with the potential to reap higher returns − real estate investment trust, or REIT in short.

Joyce Chuah

REIT is an investment vehicle that proposes to invest at least 50% of its total assets in real estate, whether through direct ownership or through a single-purpose company whose principal asset comprises of real estate.

The main investment theme for REITs is to own and invest in income-producing real estate which can include commercial buildings, shopping malls, hotels, resorts, self-storage facilities, warehouses, apartments and even car park spaces.

REITs are similar to unit trust funds that are professionally managed by an appointed management team to manage the underlying REITed' assets.

The benefit of owning a REIT is that an investor shares in the rental incomes of the real estate owned by the REIT without having to buy these assets directly.

Since it is a traded equity, an investor can profit from capital appreciation of its price as well and it is easily converted into cash by selling it.

Tenant management, maintenance fees, real property gains tax and other payments would usually be taken care of by the managers of the REIT, unlike owning a property directly.

In Malaysia, investors are also given a special withholding tax of 10% on the dividends received from REITs. First introduced in 2006, this is valid until Dec 31, 2016. - The Star

80,000 PR1MA homes for Klang Valley

KUALA LUMPUR: A total of 80,000 affordable homes will be built in the Klang Valley and Federal Territory, as part of the Govern-ment's wealth creation programme for the people.

Prime Minister Datuk Seri Najib Tun Razak said 1Malaysia People's Housing (PR1MA) homebuyers would be able to make immediate profits, as the houses would be sold for at least 20% below market value.

“Such wealth creation is rare. Prices of vehicles depreciate immediately after purchase, but PR1MA homebuyers can expect to make immediate profit, on paper, of between 20% and 30%,” he said when launching the PR1MA Alam Damai project in Bandar Tun Razak.

The project, by Transgreen Structure Sdn Bhd, in collaboration with PR1MA, comprises four types of 2,078 affordable homes on a 6ha parcel of land.

It is strategically located with access to the Middle Ring Road 2 (MRR2) and three MRT (Mass Rail Transit) stations proposed in Cheras.

Najib said the price of the units in Alam Damai would be announced after the local authority had issued the development order.

“But I guarantee that the prices will be at least 20% lower than market rates. If possible, we want it to be even lower than that,” he added.

The Government has so far announced 20,000 PR1MA homes in Kuala Lumpur, 8,000 in Putrajaya, and 2,000 in Labuan.

Najib waving from a show unit during the launch of PR1MA Alam Damai Cheras and PR1MA Homes Klang Valley in Kuala Lumpur. With him are PR1MA Berhad CEO Datuk Abdul Mutalib Alias (left) and Nong Chik (second from left) and PR1MA chairman Datuk Seri Jamaluddin Jarjis (right).

“In view of the high demand and high cost of living, we plan to build another 50,000 PR1MA units in the Klang Valley, bringing the total to 80,000 units,” he told the cheering crowd.

The Alam Damai project is the first development to take place from PR1MA's plans to build 50,000 homes across strategic locations in the Klang Valley, including Cheras, Bukit Jalil, Sungai Besi, Brickfields, Jelatek, Glenmarie, Putra Heights, Cyberjaya and Setapak.

Titijaya, Glomac, Ekovest and Cyberview are among the developers that had pledged support to PR1MA to build affordable homes in these areas.

Malaysians aged above 21, earning between RM2,500 and RM7,000 a month and do not own not more than one home can apply for PR1MA units.

Earlier, Najib also hinted that the general election was drawing near.

Stressing that the Barisan Nasio-nal government took pride in delivering promises, Najib said the time to show appreciation would be arriving soon. - The Star

纳吉：让中阶人民购“一马房屋” 巴生谷将建8万房子

（吉隆坡10日讯）首相拿督斯里纳吉宣布，将在“一个马来西亚房屋计划”下，在巴生谷地区兴建8万间，以让巴生谷及吉隆坡地区的中阶收入的人民拥有第一所房子。

纳吉也表示，参与“一个马来西亚房屋计划”的发展公司在获得发展令（Development Order）后，政府将会公布，在该计划下兴建的房屋价格。

他补充，即使这些房屋价格还未获得公布，但是他保证在该计划下兴建的房屋价格将会比市价低20%，以确保价格是在人民所负担得起的范围。

他指出，这项计划不止是让月收入介于2500令吉至7000令吉的中阶收入人民拥有人生第一家房屋，也让他们在未来能够有更好的生活品质，及可从购买的房屋中赚取利益。

买破屋拾到宝 2投资家赚近亿

（华盛顿10日综合电）两名美国投资者最近乐疯了，因为他们用30万美元（约94万令吉）买了一间荒废的小别墅，而在这间别墅里，他们发现了价值3000万美元（约9320万令吉）的画作，这些画作属于前屋主——一位不得志的画家。
据英国《每日电讯报》报道，托马斯舒尔茨和拉里约瑟夫是纽约当地的两名投资客，他俩2007年在纽约长岛用30万美元买下了一间小别墅，准备将其修缮之后以40万美元（约125万令吉）的价格卖出。在清理房子时，他们发现了几千件抽象画，它们的作者属于同一个人——一位亚美尼亚裔的美籍画家——亚瑟皮那让。这位画家在这房子住了几十年，画作都是在这间房子里创作的。但画作并没有得到认可，皮那让于1999年郁郁而终，享年85岁。
两位投资客在买下房子时，皮那让的亲戚急于套现，便跟他俩说，那些画没啥用，扔掉就行了。但舒尔茨和约瑟夫留了个心眼，他们给了皮那让亲戚2500美元（约7770令吉）换来全部画作，希望能卖个好价钱。
另一个奇迹出现
于是舒尔茨和约瑟夫开始清点这些画，总共有7万幅作品，包括印象派画作，插画和一些二战士兵的素描。随着部分画作的公开，皮那让的声誉也日渐提高，许多画评家都认为皮那让是个被低估的优秀画家。舒尔茨说：“这栋房子是当地最小的，但里面发现的艺术品可能是艺术史上最重要的发现之一。”
目前，皮那让最优秀的50幅作品在纽约富勒大厦展出，据舒尔茨介绍，皮那让生前一直希望能在展示他的才华，但一直到死的那天都未能如愿。
不过，皮那让至少可以成为另一个“梵高”，死前籍籍无名，死后才名声大震。