Bandar Seri Putra Bangi

Bandar Seri Putra is known to many as the Seri Putra 'haven' because it combines the key elements of a home for homeowners.

Accessible via a dedicated Putra-Mahkota interchange off the Kuala Lumpur-Seremban highway, going home from the city to an unpolluted industrial free ideal enclave for the family takes only 30 minutes.

The clean pristine environment overlooking natural surroundings of undulating hills makes a healthy living experience. For many who have made Seri Putra their home, the convenience of the city in just a matter of minutes together with the rustic charm of the township facilities makes house ownership, a home ownership.

For those who look for appreciating home value, the quality workmanship of the homes and the well-developed infrastructure, makes owning a house in Seri Putra a value-for-money appreciating investment.

Bandar Seri Putra truly displays all the hallmarks of a UM Land township development with the optimum mix of residential, commercial and recreational facilities destined to house a population of 35,000 spread over a sprawling 898 acres.

For more information or personal tour please contact Bangi Heights sale officer directly by call or SMS to +6013. 291. 4402 Mr. Helmi Sales gallery.

Symphony Heights Selayang Layout and Price List

Symphony Heights Selayang Layout and Price List;-

Inside, the units come with quality finishing (with a 24-Month defect liability period vs. the standard 18 Months) and strategic square- and rectangular-oriented layouts, to allow maximum usage and management of space. Life being incomplete without health and wellbeing, Symphony Heights comes with comprehensive condominium facilities, including a swimming pool, squash courts, a community hall, cafeteria, children’s playground and a gymnasium.

Here the list;

RM 158,000.00 - Type E (879 sq.ft.)

RM235,000.00 (1247 sq. ft.)

RM154,000.00 Type B (863 sq. ft.)

RM168,000.00 Type A (950 sq.ft)

Ultimately, it all comes down to dollars and cents, and Symphony Heights is the best value-for-money property at Selayang’s finest location.

Why Symphony Heights @ Selayang?
I Think the main reason why people prefer Symphony Heights is; lower price compared to other property in Selayang.

It's also very convenience with easy access and public transport such Buses, and train.

For more information or personal tour please contact Symphony Heights project sale executive directly by call or SMS to +6013. 291. 4402 Mr. Helmi @ Symphony Heights show unit gallery.

Mah Sing eyes more commercial developments in Sg Besi

PROPERTY developer Mah Sing Group Bhd is keen to do more commercial developments in Sungai Besi, Kuala Lumpur, as the location is the latest commercial hub, says its top official.

Business Times was made to understand that there was still commercial industrial land in the vicinity that could be used for development although the total hectarage was not known.

"If the opportunity permits, we are definitely thinking of developing this area, riding on our branding and track record to expand further," group managing director and group chief executive Datuk Seri Leong Hoy Kum told reporters after the groundbreaking ceremony for Mah Sing's Southgate development, located along Jalan Sungai Besi, on Saturday.

While Mah Sing wants to increase its landbank in Sungai Besi, the developer is not in a hurry to make a purchase.

"Whatever land we buy, we want to ensure we look out for shareholder value and the market must be able to absorb the demand," Leong said.

On Southgate, en bloc sales for its Apex Block and Corporate Building are expected to be finalised by the year-end.

"We have interest from private investors and also equity funds because there are very few freehold land (areas) in Kuala Lumpur to buy," deputy chief operating officer Andy Chua said.

Interested parties include those from the Middle East, Singapore and South Korea.

The three remaining blocks of Southgate - Vox, Vivo and Verve - offer office suites and retail lots.

More than 80 per cent of Vivo has been taken up, while Vox and Verve are seeing about 50 per cent take-up each.

Chua said the rental yield was estimated to be eight per cent, but added that he expected it to increase because of growing demand for good freehold office space in Kuala Lumpur and the insufficient supply.

"Also, with construction cost going up, there will be good potential for capital appreciation in future," he said.

On Mah Sing's performance, Leong said it was on track to hitting its RM560 million sales target for the year.

"Having locked in unbilled sales of RM1 billion and another RM3 billion gross development value (on remaining projects), this can last us for the next five years even without our acquiring new land," he said.

Source:Business Times

Asean Property Overview

Buying property in Malaysia is an excellent way of generating income. Out of the popular foreign property markets, Malaysia offers an exciting blend of beauty, culture, history, nature and environmental friendliness. The Malaysia property market is matured: you can own a house designed as a retirement home, a holiday home and/or a second home, or a permanent home.

Malaysia is known for its diversity and there are eleven official languages spoken throughout the country. However English is the most commonly spoken language in business circles. Malaysia is a warm and hospitable country, both in climate and friendliness – the community is keen on welcoming foreign nationals to their country. The country is home to a unique landscape: there are pristine beaches, dense forests, and beautiful mountains.

So, Why you should by property in Malaysia?


* The Malaysia property market will sharply growth and then boom with the government vision 2020. Property economists have predicted an 90% increase in property prices until 2020!


* There has been a strong demand for rental properties, so buying sooner rather than later will maximise the capital growth of your property investment.


* The natural attractions of Malaysia make this an investment you can enjoy. It’s a country of huge variety, offering something for everyone: magnificent beaches, beautiful unspoiled countryside and an abundance of stunning wildlife.


* The Malaysia property market is a magnet for international investors looking at property to buy abroad (including thousands of purchasers from the australia and singapore). Apart from the natural attractions, Malaysia has excellent shopping and banking facilities, roads, airports and other infrastructure, with English being the main and commonlylanguage throughout the country.


In conclusion, when buying property, Malaysia not only offers a exotic luxury property investment market, but can offer property investors with year round summer temperatures, exciting green town and an affordable lifestyle.

Article Source: TimesPR NewsWire | Free Article Directory | News Release

Malaysia House @ Condominium

Kuala Lumpur: condo market continues to be a headlines today. The property prices for a condominium keep rocketing by early 2003. And it appears that this year will be the 5th consecutive record-making year in terms of rising Malaysia condo prices and the number of condo sales, with median condo price tags still above those for single-family homes to all Malaysian.

Today, most property in Kuala Lumpur and surrounding area comes with beautiful and extra facilities. It is the same what Symphony Heights@ Selayang offer to you. Ultimately, what I can say these markets are the hottest and upcoming market trend. From what we have experience, While high condo price appreciation and new condo construction can identify currently active condo markets, heavy condo construction could slow price appreciation over time. It also will make new construction and price appreciation have an inverse relationship, basically because of the possibility of supply overpowering demand.

So, I personally recommending you all to buy Symphony Heights @ Selayang as your first property plan.

Why Symphony Heights @Selayang?

Remember, the lower investment (Cash) you use to buy property, is more value to your investment. Hurry! in Symphony Heights Selayang the entry budget is only RM500 to own your virgin property.

This is your great opportunity to own property while it stay below market price. Once the property keep growing, you won't see any affordable property like this any near Kuala Lumpur.

Wanted to learn more about property investment and future development @Selayang? Please contact Symphony Heights project sale executive directly by call or SMS to +6013.291.4402 Mr. Helmi @ Symphony Heights show unit gallery

Kuala Lumpur Residence Selayang Malaysia

Kuala Lumpur Residence (KL Apartment) @ Selayang, Malaysia

Chan Ai Cheng with a model of Symphony Heights.

HUA YANG Bhd may be a medium-sized property development company but it is generous when it comes to pampering its purchasers.

This is evident with its latest project, the Symphony Heights serviced apartment in Selayang.

It is offering six practical layouts, quality finishes and condominium facilities such as free-form swimming pool, poolside cafeteria, gymnasium and multi-purpose hall from only RM135,200.

S.K. Brothers Realty (M) Sdn Bhd general manager Chan Ai Cheng said the project had attracted more than 600 registrants, and close to 50 units had been booked just through soft selling and word of mouth.

“We expect good take-up in view of the attractive price and fantastic location after marketing begins shortly,” she said, adding that the preview launch would be July 6 to 8.

S.K. Brothers is the exclusive agent for Symphony Heights that is located off the Batu Caves roundabout, at the Middle Ring Road 2 (MRR2) and Jalan Ipoh interchange.

The leasehold project, with a gross development value of about RM160mil, comprises 946 units of serviced apartment in three blocks of 29, 30, and 33 storeys.

Phase 1 layout will include units of 863 sq ft (two bedrooms), 879 sq ft, 950 sq ft (three bedrooms) and 1,246 sq ft (3+1 bedrooms).

Chan said Symphony Heights was easily accessible to the Kuala Lumpur city centre and other parts of the Klang Valley via Jalan Ipoh and MRR2 connecting to the Damansara-Puchong Highway, Karak Highway, New Klang Valley Expressway, Elevated Highway, North-South Expressway, and Kuala Lumpur-Shah Alam Expressway.

“It is within an established neighbourhood with plenty of amenities such as hypermarkets, shopping centres, hospitals, schools, banks and entertainment and good outlets,” she said.

The project is next to the SRJK (C) Kheow Bin Batu Caves and is behind Hua Yang's earlier project, Medan Selayang (six and eight-storey shop offices) that was completed in 2005 and is almost sold out.

“It's the best value-for-money property at Selayang's finest location,” said Chan, adding that residents of Symphony Heights could also enjoy panoramic views of the Kuala Lumpur city skyline and the Selayang/Templer Hills.

Hua Yang chief operating officer Ho Wen Yan said there would be a 10% “early bird” discount, no legal fee charged for the sale and purchase agreement and RM500 down payment during the promotional period for the first launch of 544 units.

“Symphony Heights is located in a fast-growing area with direct access to the MRR2. We have designed it to cater to end-users,” said Ho, adding that the Phase 1 units had a north-south orientation, modern contemporary design and are rectangular in shape, allowing maximum use of space.

The price of a 1,246-sq-ft unit is about RM216,000 (before 10% rebate).

S.K. Brothers chief executive officer Charlie Chan said people should buy a unit at Symphony Heights, as it is not even 10% of the price of some high-end condominiums in the city centre. “And yet, this project is so accessible to the city,” he said.

Hua Yang, listed on the main board of Bursa Malaysia, was incorporated on Dec 28,

Its other ongoing projects include Taman Pulai Indah in Johor as well as Bandar Universiti Sri Iskandar and Metro Pengkalan in Perak.

Most of its previous projects are in Perak involving terrace houses, shops and light industrial factories. Its Ipoh projects include those at Taman Mewah in Tambun; Taman Tasek Mewah, Taman Pinji Wani, Taman Pinji Seni, Anjung Bercham Megah and Anjung Bercham Elit in Bercham; and some projects in Batu Gajah.

In Selangor, Hua Yang's completed projects include Taman Serdang Raya in Serdang, S.B. Jaya Industrial Park, Taman Setapak Jaya in Kuala Lumpur, and Jalan Connaught Bridge in Klang.

By The Star (by S.C.Cheah)

For more information or personal tour please contact Symphony Heights project sale executive directly by call or SMS to +6013. 291. 4402 Mr. Helmi @ Symphony Heights show unit gallery.

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Kuala Lumpur Residence (KL Apartment) @ Selayang, Malaysia

What does an audit report contain

Most audit reports on financial statements give the business a clean bill of health, or a clean opinion. At the other end of the spectrum, the auditor may state that the financial statements are misleading and should not be relied upon. This negative audit report is called an adverse opinion. That's the big stick that auditors carry. They have the power to give a company's financial statements an adverse opinion and no business wants that. The threat of an adverse opinion almost always motivates a business to give way to the auditor and change its accounting or disclosure in order to avoid getting the kiss of death of an adverse opinion. An adverse audit opinion says that the financial statements of the business are misleading. The SEC does not tolerate adverse opinions by auditors of public businesses; it would suspend trading in a company's stock share if the company received an adverse opinion from its CPA auditor.

One modification to an auditor's report is very serious - when the CPA firm says that it has substantial doubts about the capability of the business to continue as a going concern. A going concern is a business that has sufficient financial wherewithal and momentum to continue it normal operations into the foreseeable future and would be able to absorb a bad turn of events without having to default on its liabilities. A going concern does not face an imminent financial crisis or any pressing financial emergency. A business could be under some financial distress but overall still be judged a going concern. Unless there is evidence to the contrary, the CPA auditor assumes that the business is a going concern. If an auditor has serious concerns about whether the business is a going concern, these doubts are spelled out in the auditor's report.

Making a Profit Balance

Accountants are responsible for preparing three primary types of financial statements for a business. The income statement reports the profit-making activities of the business and the bottom-line profit or loss for a specified period. The balance sheets reports the financial position of the business at a specific point in time, ofteh the last day of the period. and the statement of cash flows reports how much cash was generated from profit what the business did with this money.

Everyone knows profit is a good thing. It's what our economy is founded on. It doesn't sound like such a big deal. Make more money than you spend to sell or manufacture products. But of course nothing's ever really simple, is it? A profit report, or net income statement first identifies the business and the time period that is being summarized in the report.

You read an income statement from the top line to the bottom line. Every step of the income statement reports the deduction of an expense. The income statement also reports changes in assets and liabilities as well, so that if there's a revenue increase, it's either because there's been an increase in assets or a decrease in a company's liabilities. If there's been an increase in the expense line, it's because there's been either a decrease in assets or an increase in liabilities.

Net worth is also referred to as owners' equity in the business. They're not exactly interchangeable. Net worth expresses the total of assets less the liabilities. Owners' equity refers to who owns the assets after the liabilities are satisfied.

These shifts in assets and liabilities are important to owners and executives of a business because it's their responsibility to manage and control such changes. Making a profit in a business involves several variable, not just increasing the amount of cash that flows through a company, but management of other assets as well.

Bernanke concerned with growth than inflationary worries

The most dramatic move of this session came at the expense of the US Dollar, when a major US newspaper reported that a source close to Fed Chairman Ben Bernanke stated that Bernanke is privately more concerned with growth than inflationary worries. What this equates to, as per the anonymous source, is that there is no plan for the Fed to raise rates anytime soon. This sent the EUR/USD launching to new highs not seen since everyone jumped on the Dollar bandwagon last week. EUR/USD in a matter of minutes jumped from 1.5460 to levels near 1.5520 when the news was released. Later highs in the Euro touched 1.5540, but by session's end it had leveled off near a 1.5530 level. Look to 1.5560 as a resistance level on the upside. With the ZEW index data release later at 900 GMT, the EUR/USD pair could be poised for another big move.

The GBP/USD pair came close, but did not top the 1.9685 highs made less than 24 hours ago. A strong move was made from 1.9615 to highs near 1.9673 ahead of the CPI data later at 8:30 GMT. It would seem that buyers of this pair are looking for a CPI number that will press the case for the BoE to hike rates.

In the USD/JPY pair, we saw the Dollar facing some selling pressure as well, with the Dollar coming close to revisiting the lows of the NY session near 1.0378. While never breaking the 80 level in quiet trading, it was obvious that traders were keen on locking in earlier profits on the back of Dollar strength. EUR/JPY broke the 167.80 level briefly, but was back in sideways trading by session end.

Although it would seem that the Dollar buying mindset has hit a temporary pause, it is safe to believe that many are looking to the slew of US data to be released tomorrow, including; PPI, Current Account Balance, Industrial Production and Housing Starts. Beyond that, as is now par for the course, keep an eye on Crude Oil and its wild price action to see if it can top yesterday's record highs.

Sources: Forex News

Employers Checking credit report?

An increasing number of employers are now checking credit reports prior to hiring someone. Many people do not agree with this, and feel that it is unfair. Afterall, not all people have bad credit because of mishandling their finances.

So, why do employers check your credit?

Employers believe that your credit report explains a lot about your behavior. They believe that if you manage your money right, that you’ll also perform well within your career. Although I understand where they are coming from, I don’t think a credit report can show the entire picture. There are often times when credit can be ruined under circumstances beyond someone’s control.

Perhaps employers should discuss with the potential candidates about why their credit is not up to par. What do you think?

Petronas Explain Why oil Price Must Increase Urgently

Oil price hike in Malaysia last week. For the records, oil crude price has been increased by 400 percent over last three years. In other countries petrol prices had increased dramatically with a riot and killing. For our reference one liter of petrol in United Kingdom will cost one pound sterling. In United States it is about $1.50.

Is this still cheap? Ya! I guest it slightly cheaper but for a small country like Malaysia compared to Thailand still expensive. But the reality, it's not Petronas burden but Petronas and Malaysia Government are stealing people money, Im wondering are these Government asking money from Petronas? and Petronas can't pay all these money - So, to bill-up Abdullah Ahmad Badawi project they slotter all Malaysian especially its hurt our business, its down our market share. Are these badawi Government spending more than they can effort? who knows? Only Petronas know .

"So badawi, are you trying to prove something? desperate to show that you capable to manage these country? forget it you are looser!"

Today, Petronas Malaysia representative President and CEO Tan Sri Dato Sri Mohd Hassan Marican who is interviewed by RTM 1 has said in conclusions "oil price must be increase, If not we are unable to overcome our operations burden".

Well since the increase everybody excited to talk about oil price. Like to quote from Malaysia Kini written by Al Tugauw from Malaysia Kini.

Who is asking Petronas to hand over all its profits? In the first place nobody
is asking Petronas to hand over all its profits to the government to continue
subsidising fuel. Is that what that has been happening all these years? How does
this 'subsidy' work anyway? Why don't they explain the mechanism of this
so-called 'subsidy' or are they merely talking about opportunity cost here? I
think they should invite Tun Dr. Mahathir and debate in front of all people,
besides the journalist from The edge and Bernama. Well for me there is nothing
Malaysian can do, when the Government and Petronas start to increase in never
down. And yeah! The Government keeps it promise for not to increase oil price
between 2 years. After 2 years its increase like hell.

But Im questioning Petronas;

1. - Why does a nation which exports HIGH grade oil with low sulfur content lose money due to oil subsidy to its population?

2. - Why does a nation which has huge natural resources such as palm oil, rubber, etc does not make any money?

3. - It is also reported that Malaysia is losing one million ringgit per day due to lost custom and taxes due to deficiencies in the custom's department. What the heck?

After this must be some one will ask Petronas to hand-on its account statement to public and all this statement has been creatively made by accountant. Heeheheee