Welcome to Bangsar South Saturday, May 24 2008 

From Malaysia Property Online: “UOA sets to Remake Kampung Kerinchi”

UOA Holdings Sdn Bhd hopes to turn the old Kampung Kerinchi area into one of the Klang Valley’s most sought after addresses with its latest integrated-city development, Bangsar South. The property developer is a subsidiary of Australia Stock Exchange-listed UOA Ltd, which is also the controlling shareholder of UOA Real Estate Investment Trust (UOA REIT).



New residential developments in KL City Centre Monday, Sep 18 2006 


It has been a while since I’ve checked out property developments in KL so I thought I would bring myself up to speed (well, update myself anyway 😉 ) last Sunday by going to see two recently launched high-end condos in the KL city centre vicinity. 

I received an invite for the Hampshire Residences from the developer, Zelan Development Sdn Bhd (part of Tronoh Group). The development comprises two towers of which Tower A was launched on September 13. Located along Persiaran Hampshire off Jalan Ampang, the project has two main facings – KLCC Park and Jalan Yap Kwan Seng.  I like the fact that it is just a 10 minute walk to KLCC but situated just far enough from the hustle-bustle of Jalan Ampang in a leafy area. 


Book of the month – September 2006 Sunday, Sep 17 2006 


Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth (2nd Edition)
by Robert G. Allen

I’ve been running around like a blue-a***d fly getting ready for a spanking new job that I’m starting tomorrow but thought that I should put up my September 2006 BOTM in case some of you are starting to wonder whether last month’s was just a one-off 🙂

“The secret of the wealthy is not that they have more money but that they have more time freedom. Because most of their income streams are residual, they have more time to spend on anything they want.” 

What a great quote from Robert Allen. This book is a must-read for everyone whether employed, self-employed or un-employed. When I first read it almost one year ago, it totally changed my perception about wealth.


So you’ve missed out on ASW 2020…now what? (2) Saturday, Sep 9 2006 


I covered the products offered by banks in part one of this post about alternatives to the ASW 2020. In this instalment, I will cover the hot topic of REITs.

More and more REITs are coming onstream since the launch of the Malaysia’s maiden REIT back in 2005, the Axis REIT. REIT (pronounced “reet”) stands for real estate investment trust. Given Malaysians’ love affair with bricks and mortar, this is a very flexible investment vehicle that allows us to indirectly own a stake in say, Starhill Gallery or the Kuala Lumpur JW Marriott simply by buying the building’s REIT through Bursa.

What’s more you don’t need a lot of money. The closing price of the Starhill REIT as at 8 September 2006 was RM0.95 and 1,000 shares will cost you just RM950. If this sounds interesting, read on…


So you’ve missed out on ASW 2020…now what? Thursday, Sep 7 2006 

Judging by the comments from my ASW 2020 post, 9 out of 10 people (if not more) missed out on the ASW 2020. So if you’re one of those poor souls — all cashed out and no place to invest… 🙂 , I thought it’d be good to get creative with some alternatives to the ASW 2020 that you could consider. The list is not exhaustive so, you’re welcome to add more ideas through the comments section. Whatever it is, nobody mention Swisscash or Swiss Mutual…puurrlleeeassse!!


New AmAsia-Pacific Property Equities fund to achieve double-digit returns Wednesday, Aug 2 2006 

AmInvestment Group Bhd is launching a property fund, AmAsia-Pacific Property Equities (APPE) which according to a report in The Star on 28 July 2006, is targeted to achieve “double digit” returns in the next 12 months.

This is the second property fund from AmInvestment following the successful launch of their AmGlobal Property Equities last October. The latter fund’s size had surpassed RM300 million, returning 13.06% over the past six months, according to a separate report by the EdgeDaily.