Where is the longer-term view in that but I think I might actually understand the KLSE now.. the way traders think here is different from the way traders think in developed countries

ya ya ya

Saya barbarian Negara dunia ketiga...macam Zimbabwe

It's not him either, it's just that the RM cross rate is a natural hedge you know when the ringgit is going to drop (ie. when the socialists/islamists take over, and when billions appear in personal bank accounts for no apparent reason) so if/when that happens you can take a speculative position in foreign equity - you're just betting that if you are on the wrong side the cross rate will appreciate enough to cover your loss and give you a small profit.

Oi, bumi manyak bahaya...lu balik Marikh lar

Penang's retail space glut worsens
http://www.thestar.com.my/Business/Busines...sens/?style=biz

Bad news for Reits with retail presence in Penang?

CMMT?

MQREIT should be okay...Tesco-occupied

We need to look at the location of the mall.

Just like despite so many new malls coming out in KV, Midvalley still remains as one of top preferred mall by consumer.

For Penang,
Currently 2 area are having the most crowd, one is at northern part of penang, aka Gurney area (Gurney plaza and Paragon mall), another one at Southern around Queensbay mall.

MQreit's Penang Tesco is leased out for 20+ years already, and just beside Penang bridge, a strategic location, not much a worry on both lease and property value.

Yes, cos MV is located at a place where there is high concentration of middle income consumers, Old Klang Road. Middle point between KL and Puchong/Petaling Jaya.

Later when the SP Setia development completed, human traffic lagi terror

MV.. recession proof mall...

MYR sudah jatuh longkang, still got sooooo many shoppers at weekend..

I am still holding some CMMT...disposed some already.. dont really like SW mall development..

Any alternative or not?

This post has been edited by gark: Sep 14 2015, 11:31 AM

Pavilion? KLCC?

Suria KLCC...becos of proximity to the Twin Towers and KLCC Park...tourist attraction

Pavilion...I dunno, mostly premium products, I've never been there for years already

Emm.. KLCC.. yield...

Pavillion.. premium products.. dont hold up to recession..

Thinking of MRCB mall.. but went few times.. not much shoppers.. mostly people pass through to sentral only.

Creosus REIT looks sweet to add more.. 9.22% gross yield.. tax free but SGD so expensive now hahaha.

This post has been edited by gark: Sep 14 2015, 11:55 AM

U mean the one at KL Sentral? That is Nu Sentral...

It's not under any REIT yet...the same applies to Quill Mall...though many expect it to be pumped into MQREIT in the future...

KLCC REIT also got Mandarin Oriental, KLCC etc, so it's not a pure mall REIT...
Yeah the net yield, 4.8-5% only...I also reduced my position to a very minimal amount...when above 5% baru top up balik

Hmm.. will look at MQ reit for a bit..

I was really expecting CMMT to pump in Queensbay mall from parent CMT .. mana tau he go and but tropicana mall pulak..

Hektar? They also got few malls, but not as high class as KLCC, Pavillion

I live near one of their malls.. a bit sleepy..

What happened to "on-the-ground observation sometimes doesn't mean a thing in investment"?

Wat u c is not wat u get except...
Btw, nice avatar

cantek gambar

That one...what u see is more than wat u get