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  1. S

    Matex Residence

    The apartment block is still under construction now, with little chance of completion and handover this year. The hotel portion perhaps got chance to open this year. The shopping center portion looks like can complete this year and even so, still need lots of retailers to fill the shop lots...
  2. S

    Commercial Retail Property

    AEON's pre-tax profit decreases to RM147.10m Bhd's pre-tax profit for the financial year ended Dec 31, 2016 decreased to RM147.10 million from RM210.84 million recorded in 2015. In a filing to Bursa Malaysia, the group said the performance was due to higher operation costs and interest expense...
  3. S

    Forest City

    Cannot understand simple English and want to talk so much rubbish! Read what I wrote again carefully!!! Did I say that they need China's approval to buy properties outside China?? Isn't it a fact that you need the State's approval, in this case the State of Johor's approval, before you can...
  4. S

    Forest City

    Actually how many units had FC sold to date, only they know. All the previous news on the sales were reported by various news agencies and each mentioned different nos. And the latest news carried by The Star today mentioned "nearly 17,000 units sold"...
  5. S

    Forest City

    I know you're blur but didn't know can be so blur! Let me enlighten you one more time. Forest City comprises of 4 man-made islands, they were proposed as islands and will remain as islands - Island 1: 979 acres Island 2: 1,896 acres Island 3: 405 acres Island 4: 145 acres...
  6. S

    Country garden @ Danga Bay is Launching Soon

    Someone even said its like Hongkong, packed like sardines. But I do admire the efficiency of this China contractor, the speed of construction and site control is almost regimental but the quality is yet to see.
  7. S

    Economic News

    Wah, a very big question which I think is very difficult to reply in few sentences here. But positive or negative answer to the question depends on 2 main factors - from internal and from external. External is beyond control, example like crude oil and LPG prices, foreign policies, so have...
  8. S

    Forest City

    You are ignorant and actually showing it here again and again. "碧桂园采取的是“以销定产”模式" - based on this statement and you just conclude that if FC sold X no. of units, they'll just build X no. of units. WRONG 100% and I'll enlighten you on this and hope you'll learn. FC offers a wide range of units to...
  9. S

    Economic News

    I repeat again what I said : Having an occasional budget deficit is OK due to unforeseen circumstances but having a budget deficit for 10 years continuously is totally irresponsible!! How much reserves is not the main issue but shrinking year after year and a bigger and bigger foreign debt is...
  10. S

    Forest City

    Now I know why you are always 牛皮灯笼加黑漆 - 永运点不明, either you can't read or you don't understand simple English! I said very clearly that : According to most current study, high rise luxurious condos cost RM3,000 to 4,400/sq m to construct, note, just to construct only! I highlight : just to...
  11. S

    Forest City

    Sit tight, so the 20,000 so called Mainland buyers are actually not buyers as yet but just paid a booking fees. I was already suspicious as how can they sell properties in China to individuals without them first getting the prior state approval, a requirement for foreigners. Which means there is...
  12. S

    Forest City

    Sometimes I really find you 牛皮灯笼加黑漆 - 永运点不明。 You see, the Chinese developers come all the way here, literally 漂洋过海, 劳师动众 for what, obviously to make big money! If coming here can only make a little money or worse just break even, why bother! So, can they make big money just selling 20,000 units...
  13. S

    Forest City

    Actually, a lot of things you said is repeat after what I had said much earlier. See my post : https://www.sammyboy.com/showthread.php?206916-Forest-City&p=2585280#post2585280 I said capital control is to curb the rapid and massive outflow of the RMB causing sharp fall in the exchange rate and...
  14. S

    Economic News

    From your reply, it just shows how little you knows about economics. Having budget deficit for 10 years continuously is totally irresponsible!! Before going further, you must first have to know why and how did deficit happened. If govt. is attempting to stimulate economic growth with...
  15. S

    Economic News

    Hello uncle, you are becoming impossible here. Having an occasional budget deficit is OK due to unforeseen circumstances but having a budget deficit for 10 years continuously is totally irresponsible!! How much reserves is not the main issue but shrinking year after year and a bigger and bigger...
  16. S

    Forest City

    Fact 1 - Forest City had closed all showrooms in China "for renovation". So as long as the showrooms stay closed, they will not be having new buyers for whatever is balance in the current phase. So, busloads of Chinese property buyers sponsored by the developers to the FC showroom in JB will...
  17. S

    Economic News

    Haha, this article actually explained the reason why 20,000 Mainland Chinese decided to buy into Forest City and another tens of thousands others into other development in JB, Penang and other cities. But it didn't address on the problem now regarding the tightening of capital control that...
  18. S

    Economic News

    So, you want to compare with examination results. So, if this year the marks is 60/100 and no show of improvement, it may slip to 50/100, just pass. And if still no improvement is made, sure fail! So, the national reserves fell from 140 to 94 billion in just a short time and if fall some more...
  19. S

    Forest City

    For FC and others like Greenland with a high percentage of Chinese buyers, the main problem is this capital control thing whereby the buyers cannot send their money out. It is different from banning the people from buy property outside China. FC perhaps can arrange to have the payment all made...
  20. S

    Economic News

    Geely pulls out of buying Malaysia’s Proton China’s Geely Automobile Holdings has withdrawn its bid to acquire a controlling stake in Malaysian automaker Proton, Geely’s president, An Conghui has told the South China Morning Post. Proton was looking for a strategic partner to assist with...
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