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Investment Elmina by Sime Darby, Near Denai Alam

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zenix
post Jul 8 2013, 10:11 AM

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izzit the blocked off area after denai alam? hmm.gif
zenix
post Jul 8 2013, 11:14 AM

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sooner or later either everyone will suffer a slow death because of property or a crisis bubble will burst.
zenix
post Jul 8 2013, 12:15 PM

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QUOTE(HouseHunter @ Jul 8 2013, 11:33 AM)
Good news... I love to see it....  flex.gif
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i doubt it will implode unless something disastrous really happens, more likely scenario is property prices continue to surge up and we just get more fancy ways of writing-off our lives to pay for it. doh.gif
zenix
post Jul 17 2013, 10:12 AM

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elmina area looks huge!
going back home via GCE yesterday one of the flyovers unblocked with small signboard stating Elmina, went in to kepoh, huge area flatten already with more to come.....probably an area bigger an UEP Subang Jaya inside there.
zenix
post Jul 17 2013, 11:03 AM

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mebbe today or tomorrow can kepoh abit more brows.gif
zenix
post Jul 19 2013, 09:32 AM

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QUOTE(chelsea2013 @ Jul 18 2013, 06:35 PM)
SD sayang own staff rclxms.gif
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of course, if not how my cousin that just started working 5 years and just married can afford to live in bukit jelutong and drive VW dry.gif
zenix
post Jul 19 2013, 01:42 PM

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QUOTE(chelsea2013 @ Jul 19 2013, 12:15 PM)
Wow!! That's very powerful!! SD pay for his marriage, house and VW!! which division is he working at?
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have no idea, very secretive.
from engineering background now in SD, his wife also there. hmm.gif
zenix
post Jul 19 2013, 06:52 PM

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big size and short, i agree. HAHA!
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post Jul 24 2013, 12:29 PM

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QUOTE(zerol410 @ Jul 20 2013, 10:43 AM)
I thought so too... but I've read it is not anymore. Maybe 5 years before... but not now.

Company                  Mkt Cap*  Short&Long  Landbank
                                    Term Debt# (hectares)
                          ($ mln)  ($ mln)
1 Wilmar (WLIL.SI)      20,814.2  4,929.9  500,000
2 Sime Darby (SIME.KL)  11,994.8  1,638.0  524,626
3 IOI Corp (IOIB.KL)      8,323.2  1,639.0  251,000
4 KL Kepong (KLKK.KL)    3,617.6    580.0  360,000
5 Golden Agri (GAGR.SI)  3,302.8    557.0  637,361
6 Astra Agro (AALI.JK)    2,906.4    -nil-  258,900
7 Indofood (IFAR.SI)      1,362.6    650.1  541,224
8 Asiatic Dev (ASIA.KL)  1,206.8      7.9  164,000
9 London Sumatra (LSIP.JK)  864.3      73.4  169,909
10 Boustead (BOUS.KL)        804.0  1,035.0  100,000
11 United (UTPS.KL)          765.1    -nil-    80,874
12 Kulim Bhd (KULM.KL)      576.0    459.1  124,660
13 IJM Plantations (IJMP.KL) 502.6      10.0    70,000
14 Sampoerna Agro (SGRO.JK)  334.8      21.7  169,000
15 Bakrie Sumatera (UNSP.JK) 303.6    156.4  80,000

This was in 2009. Wilmar, which is Singapore's, concentrates on Indonesia vast land (even in Malaysia too) for palm oil cultivation.

But I might be wrong...

"As of 2009, Indonesia was the largest producer of palm oil, surpassing Malaysia in 2006, producing more than 20.9 million tonnes." - Scientific American Board of Editors (December 2012), "The Other Oil Problem", Scientific American 307 (6): 10, "...such as Indonesia, the world's largest producer of palm oil."
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Wilmar is part of Robert Kuok's group of companies, serious heavy weight.
zenix
post Jul 25 2013, 01:59 PM

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i guess need to build own if want good quality, pay over 1m but being treated like a pauper dry.gif
zenix
post Jul 29 2013, 10:05 AM

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got an sms yesterday

cypress residences bungalows in denai alam on 30/7
register 10am-11am
balloting 11.30am
cheque 50k

nearby elmina issit?
zenix
post Jul 29 2013, 04:56 PM

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QUOTE(zerol410 @ Jul 29 2013, 10:14 AM)
Is it really high on volume?
Wow, cheque 50k. These are what... 3-4 mil. homes?
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have no idea bro.
i'm guessing normal joe's like us won't be able to afford it.
lets say even if it is less than 1m.
there will be many richfags going and buying like its sayur doh.gif

user posted image

zenix
post Aug 1 2013, 12:29 PM

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QUOTE(angkee83 @ Jul 30 2013, 04:17 PM)
why so odd 1? have ballot in working day? i guess those property really not for normal working staff...
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of course they cater to the 'shut up and take my money' crowd, not just average joe's whom they think we should be living in shanty towns dry.gif
zenix
post Aug 19 2013, 09:59 AM

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since they open the road for public i went inside thought got showroom, mana tahu just like this sad.gif
zenix
post Aug 23 2013, 09:37 AM

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60 phases? huah!
zenix
post Aug 23 2013, 09:46 AM

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QUOTE(meteoraniac @ Aug 23 2013, 09:41 AM)
those buying this property at 30 plus years old will be able to see the completion of all phases at 60 years old... just in time to celebrate with their kids and grandkids..
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same like how my uncles who was with MAS in its infancy bought a very cheap house at an ulu area called subang jaya like 30 years ago in SS15.
he bought it for about RM35k which was quite a sum back then for a backwater development but no choice since near to the airport.
he sold it for close to RM450k few years back and bought a G&G at Kota Kemuning.
he said he saw SJ grew from a few row of houses and shops into a MPSJ we know today.
i think we'll see elmina the same way.
the cutting edge angular european inspired white walled flat roof designs we're drooling for today might look like ancient pyramids when the 60th phase rolls out.
exciting times nod.gif
zenix
post Aug 23 2013, 11:48 AM

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QUOTE(zerol410 @ Aug 23 2013, 10:51 AM)
thumbup.gif
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elmina name is from the elmina kelapa sawit farm of the same name in that area?

QUOTE(Chris Chew @ Aug 23 2013, 11:09 AM)
Subang Jaya or SS15 back then was really like a forest and super ulu place.
It took time to established and since 15 years ago, the accessibility is better with population slowly coming in, and booming after the colleges are in where the commercials kicked off easily.
If your uncle didn't sold the SS15 at RM 450k few years back, I think it can be sold at least RM 800k today. The house too old and the prices very crazy, anyhow, SS15 is very good location in the whole Subang Jaya included USJ.
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yeah, when he sold it because the house getting old and with grand kids left right and center a bigger place had to be bought.
zenix
post Aug 23 2013, 02:44 PM

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QUOTE(zerol410 @ Aug 23 2013, 02:31 PM)
And also... http://en.wikipedia.org/wiki/Elmina

But I do not think it originates from the African town. But who knows??
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more likely...

http://en.wikipedia.org/wiki/Elmina_Estate
zenix
post Dec 20 2013, 04:14 PM

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QUOTE(w33 w33 @ Dec 17 2013, 02:42 PM)
I am browsing the map.. If work in KLCC drive from Elmia to KLCC need 35km.. *sweat*
Anyone know any new launch nearer to KL (ie 15-20km radius) landed property?
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Mahkota Cheras area good for you?
Galaxy is a 3-storey semi-d under 1.5m brows.gif

QUOTE(simplest @ Dec 18 2013, 09:39 AM)
untung sapa beli rumah di elmina
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GCE loh since Elmina left/right oso toll.....toll prices go up sure sweat.gif sweat.gif sweat.gif
zenix
post Dec 23 2013, 12:42 PM

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QUOTE(w33 w33 @ Dec 21 2013, 09:04 AM)
Very jam wo Cheras.. I never study before that area..
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no jam, lotsa tolls only sweat.gif

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