Iskandar prime landed properties like LFR will not be really affected by any slowdown in Malaysian property. The ones that will be affected are high rises in the Klang Valley & also JB highrises with Chinese Developers launching thousands of untis at one go & I heard that most of these high rises are given as freebies to purchasers of mainland China properties. This information is from my bank manager friend in JB. Any truth to this Calvin?
As for LFR properties, I was just in SIngapore several weeks back & most of the Singaporeans I spoke to are extremely keen on properties like LFR, especially those currently residing in the Tuas & surrounding areas.
Today I bought Malaysian Edgedaily & Focus Magazine. Both gave some useful information.
In The Edgedaily (Malaysian Ed.) pp CC12 there is same Advert Like Spore Edgedaily but it has a Map of LEISURE FARM (Go and get a copy quick.)
You can see the 3 Interchanges depicted by a small white cross on the map
1) Interchange outside PTP Seaport
2) New Gerbang Nusajaya Interchange JUST BESIDE LEISURE FARM TO PLUS HIGHWAY. This One Will Cut Short Travel To SPORE at Only a mere 5 Minutes!
3) The New NUSAJAYA ASCENDAS TECH PARK INTERCHANGE
The Ascendas Tech Park Is JUST BESIDE THE MULPHA LEISURE FARM NORTH ZONE. The Plus Highway Cut LEISURE FARM Into North & South Zone. No Accessibility For 10 Years. Visibility Without Accessibility!
NOW WITH 3 NEW INTERCHANGES LEISURE FARM BECOMES THE OVERALL CHAMPION FOR ACCESSIBILITY & DESIRABILITY!
Thanks for all the good supportive comments for this MULPHA, seems someones still not really like it and have been disposing their shares. Perhaps those contra or day trade players bought in a lot last week, but the price not shooting up per their expectation, thus can't holding it anymore.
I keep queue at 0.455, like uchitec008, may be I can't wait, may purchase some at 0.460
Sunway purchase of Iskandar Land ranges from RM 12 to RM14 per sq foot. Including infrastructure cost and land conversion premium, they estimate Sunway cost per square foot only at RM 18 per square foot.
Note last paragraph of the news report below : LFR Land transacted at RM 8-9 psf. Now RM200 psf. WORDS FROM THE MOUTH OF THE EXEXCITIVE CHAIRMAN OF MULPHA INTERNATIONAL BHD. WOW ! THAT'S FANTASTIC GAIN .
THE QUESTION IS : WHAT ARE WE STILL WAITING FOR?
THE STAR 7 MAY 2014
KUALA LUMPUR: UEM Sunrise Bhd and Mulpha International Bhd have formed a joint venture for three road projects in the vicinity of Iskandar Malaysia valued at RM107mil.
UEM Sunrise subsidiary Nusajaya Rise Sdn Bhd (NRSB) will own 59% stake in the venture while Mulpha International unit Leisure Farm Corp Sdn Bhd (LFC) will hold the balance stake. It is the developers’ first joint venture.
In a joint statement yesterday, the companies said they would build and upgrade roads in Gelang Patah and Gerbang Nusajaya.
UEM Sunrise executive director Datuk Izzaddin Idris said that under the original plan for the Gerbang Nusajaya development, NRSB was to construct and/or upgrade all roads in the vicinity of its development as a condition to obtain local government approvals for the development.
LFC, in the meantime, had obtained approvals from the local authority to build three interchange roads to better serve the needs of the Leisure Farm Resort community.
“However, in view of the proximity of NRSB’s interchange road to that of LFC’s, NRSB proposed to LFC that we enter into a collaboration agreement to carry out the construction of the common roads, so as to jointly meet the needs of our respective communities,” Izzaddin said.
Mulpha International executive chairman Lee Seng Huang said the collaboration was set to create a direct link from Gerbang Nusajaya and Leisure Farm Resort to the Malaysia-Singapore Second Link (Linkedua).
“For the many commuters in the vicinity of Gerbang Nusajaya and Leisure Farm Resort who travel to Singapore – this highway interchange project will significantly cut the travel time to and from Linkedua, from the current 15 minutes to just five minutes,” he said. “For owners and investors of real estate in the area as well as Leisure Farm, it will mean greater capital gains and value appreciation.”
“As a pioneer in Iskandar Malaysia, I recall that when Leisure Farm Resort was launched in 1991, the bungalow land was transacting at RM6 to RM9 per sq ft; today, the same lots are exchanging for 20 times that value, reaching almost RM200 per sq ft. With this new interchange, prices should continue to set new records,” Lee said. The projects are expected to be completed in phases by December 2018.
Yes! if you have not bought any. Get it now as prices have retraced from 49 cts. Get it before It Shoot Past 50 cts.
I recommended Silk at 40 cts. After Silk crossed RM1.00 many then turned bullish. The time to be bullish on Mulpha is now!
One More Thing. His Royal Highness The Johor Sultan wants KL to speed up approvals for Iskandar project application. A Very Good Sign That He Wants Iskandar To Prosper.
Mulpha reminds me of Perak Corp. I bought Perak Corp at only 60 cts in those misty years before any one bothered. Perak Corp has 1,000 acres prime land in Lumut then. When I told people about Perak Corp's being cheap with high NTA and potential. They shot it down with these remarks:
1) Ha! Perak? All young people have left dull Perak for the Bright Lights of Kuala Lumpur. Nothing left in Perak, except old feeble folks and young children. No hope for anything related to perak lah.
2) Lumut? Naval Base There Mah. Too dangerous place lah. Better avoid that place. Perak Corp no use.
As Time Passed Perak Corp SHOT UP LIKE A MISSILE FROM 60 Cts to RM3.60 - UP 600%! As of today Many Have Declared That Perak Corp is still undervalued.
Ha! They didn't see The Boom of Manjung, The Huge Investment by Vale, TNB, KYM, TONGHER & Others.
So Today Many Out There still Unaware of MULPHA. MULPHA Is surrounded by Better Seaports Than Lumut. MULPHA Is Near PTP Seaport & TUAS!
TUAS? YES! TUAS THE ENTIRE TOTAL CONCENTRATION OF SHIPYARDS FROM KEPPEL HARBOUR & ALL OF SINGAPORE WILL SHIFT TO TUAS - ONE OF THE WORLD'S BIGGEST - ONLY 10 MINUTES FROM LEISURE FARM.
So Will Mulpha Also Boom Like Perak Corp? . History does repeat itself. Success begets Success! Did you missed Perak Corp at 60 cts?. So don't miss Mulpha now.
As Richard Branson says, "Business Opportunities Is Like Taking The Bus. If You Missed One There Is Always Another One Coming." Mulpha is the next Perak Corp in waiting.
As Richard Branson says, "Business Opportunities Is Like Taking The Bus. If You Missed One There Is Always Another One Coming." Mulpha is the next Perak Corp in waiting.
I beg to differ . I think :
"Business Opportunities Is Like Taking The ROCKET. If You Missed One There MAY NOT Always be another One Coming." YOU MUST SEIZE THE CHANCE TO BOARD WHILE THE ROCKET IS STILL IN THE LAUCHING PAD "
M seeing higher,solid bottom -0.46-0.475 area n we shud c higher highs soon.it wont take long for it to start a new upwave,probably an impulsive one once it crosses over 0.495(my 1st tp).My 2nd target is 0.54.good luck.
Ha! Ha! I am happy to tell you I bought KSL for RM1.35, Plenitude for RM1.25, KSeng for RM2.60,
Tebrau Teguh for 70 cts, Daiman at RM1.40. TN Logis for RM1.50 (Sold too early for RM2.50)
TN Logis Shot Up Like A Rocket to RM6.00 (then split - so don't chase.)
KSL Bosses were from Segamat. Banking Circles Told Me In Early Days KSL Bosses Strapped For Cash Will Arrive Before Bank Open Doors & Wait For Precious Funds.
I bought KSL at RM1.35. KSL has already sold its Jewels in NUSAJAYA. I considered it sunset compared to SUNRISE COUNTERS LIKE MP CORP & MULPHA. WHY?
To Calvin a 20% to 30% Gain Is Nothing!
My SIFU PETER LYNCH TAUGHT ME TO LOOK FOR 10 BAGGERS! YES! SHARES THAT CAN GO UP 10 TIMES.
BJ Corp WAS 12.5 Cts When We Bought. At Its Height of RM1.80 (Up 1,500%!)
Ipmuda? Bought 76 cts & recommended it. After bonscythe commented Ipmuda went limit up! In the halls of many Stock broking Firms I heard buying and selling Ipmuda at over RM1.50. Up 100% in one month!
KsL touted by Dr Mobius, it is increasing rent like hell in the KSL mall at Jln Serigala JB , KSL so hot until retail shops all shuttered in Pelangi Plaza
Its not very nice blaming Calvin for advise that he has given in the forum. We should all do our own research & make the final call as our money is our responsibility & no one else's. Nobody gets it right all the time. Even the top investors only hit 70-85% of their picks. We need to be responsible for our own investment decisions & not blame others if we follow blindly without conducting our own due diligence.
Totally agree with u dgtalkid n Calvin i am with u all the way on Mulpha good or bad. I am certain u hv earthed a great gem in Mulpha just waiting to explode.
Really appreciate your kind gesture. Yes, I will show you where ASCENDAS TECH PARK Is Located & The Connecting Interchange Now Under Construction. It took me 2 weeks to locate it since no maps were found anywhere.
Now that MULPHA has published one advert with map in Malaysian Edgedaily, you can have a rough idea. Since many out there have not this knowledge MULPHA Is still cheap.
You see, only less than 5% are aware of LEISURE FARM Changing Fortune So Price Still Cheap. This 95% of Investors are still unaware or still have wrong perception of value, gearing & Mulpha being unloved.
When MULPHA Becomes As Popular As Focal Aims (EcoWorld) some day with 100% consensus it won't be so cheap like now.
In 2009 Ecoworld (Focal Aims) was 11 cts. Now Over RM5.08. Up A WOPPING 4,518% BEATING EVEN WORLD CHAMPION APPLE SHARES! A Miracle Share? Can Mulpha also be a Blue Chip?
1) Guests Mostly Consist of Indonesian Chinese & Those From Hong Kong
2) One Night Stay at LEGO HOTEL Is RM1,200 ++ for common room. But Price can rise up to RM1,500++ for Weekend & Holidays
3) For Suites RM3,000 ++
4) Always 60% to 80% Occupancy even on weak season
5) For Peak Season. Always 100% Full House
6) SINCE MAY THE HOTEL HAS BEEN FULLY BOOKED
This Is Very Good News For LEISURE FARM as LEGO HOTEL Is 2 Minutes Away. Only 3 Years Ago. This Place Was Oil Palm Plantations. Now It Command The Highest Rental Value in Iskandar - More Than Renting A Room In A Five Star Hotel In JB CBD!
I must salute Calvin Tan for his costant feedback and site visit, If most of the i3 investors are participated the way like him , I think investment will not be that boring and will "fatt" together
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
dgtalkid
30 posts
Posted by dgtalkid > 2014-07-14 21:07 | Report Abuse
Iskandar prime landed properties like LFR will not be really affected by any slowdown in Malaysian property. The ones that will be affected are high rises in the Klang Valley & also JB highrises with Chinese Developers launching thousands of untis at one go & I heard that most of these high rises are given as freebies to purchasers of mainland China properties. This information is from my bank manager friend in JB. Any truth to this Calvin?
As for LFR properties, I was just in SIngapore several weeks back & most of the Singaporeans I spoke to are extremely keen on properties like LFR, especially those currently residing in the Tuas & surrounding areas.