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Is it worth investing in CyberCafe?, What will you do with 500k?
Agent 45
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Jul 3 2015, 10:03 PM
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QUOTE(puchongite @ Jul 3 2015, 09:21 AM) 500k can invest and operate a budget hotel ? Must be outside Klang Valley I supposed. Renovation Cost = ???? Shop lot rental = ???? Staffing = ???? plan to do it in penang, using container. my initial plan was to use concrete pipe like those in langkawi and sg lembing. but then i think it is not so convenient especially for female, since bathroom cant be fitted in and the space is not well utilized because of its shape. if i put in a bathroom, space will be very limited. i crack my head for months, but then decided to go with container.
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Hun Eung
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Jul 3 2015, 10:12 PM
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Getting Started
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QUOTE(troller2 @ Jul 3 2015, 03:49 PM) The last I checked for Public Mutual, the highest return, was a little higher than 20% annually. But that is aggressive. That was 2014/13. So, with 20% compounded, you will get around 44% in 2 years. 72% in 3 years 100% in 4 years 148% in 5 years. etc. Unit trust 100% in 4 years? Is it unit trust we are talking?
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nexona88
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Jul 3 2015, 10:15 PM
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QUOTE(Agent 45 @ Jul 3 2015, 10:03 PM) plan to do it in penang, using container. my initial plan was to use concrete pipe like those in langkawi and sg lembing. but then i think it is not so convenient especially for female, since bathroom cant be fitted in and the space is not well utilized because of its shape. if i put in a bathroom, space will be very limited. i crack my head for months, but then decided to go with container. I think penang already have some container hotel u should visit them & see if got demand or not 1st
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Hun Eung
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Jul 3 2015, 10:16 PM
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Getting Started
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QUOTE(Agent 45 @ Jul 3 2015, 10:03 PM) plan to do it in penang, using container. my initial plan was to use concrete pipe like those in langkawi and sg lembing. but then i think it is not so convenient especially for female, since bathroom cant be fitted in and the space is not well utilized because of its shape. if i put in a bathroom, space will be very limited. i crack my head for months, but then decided to go with container. Containers are not cheap. Can't we put 3 concrete pipe together? The left unit and the right unit serve as room while the middle unit was divided into 2 en-suite bathrooms? Keep me updated, if you are going for it.
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Agent 45
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Jul 3 2015, 10:22 PM
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QUOTE(nexona88 @ Jul 3 2015, 10:15 PM) I think penang already have some container hotel u should visit them & see if got demand or not 1st not sure about this, haha, as far as i know, i havent seen any in penang. will go and have a look
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Agent 45
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Jul 3 2015, 10:34 PM
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QUOTE(Hun Eung @ Jul 3 2015, 10:16 PM) Containers are not cheap. Can't we put 3 concrete pipe together? The left unit and the right unit serve as room while the middle unit was divided into 2 en-suite bathrooms? Keep me updated, if you are going for it. i plan to use 3m container for standard room which is around 3k/unit. i think not possible, when u put 2 concrete pipe together, only a small portion will be touching each other, even if u hack it off, they cant join together because of the circular surface, and need to cover up with partition. also, need to consider for headroom issues as well.
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Sunny zombie
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Jul 3 2015, 10:43 PM
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QUOTE(Agent 45 @ Jul 3 2015, 10:34 PM) i plan to use 3m container for standard room which is around 3k/unit. i think not possible, when u put 2 concrete pipe together, only a small portion will be touching each other, even if u hack it off, they cant join together because of the circular surface, and need to cover up with partition. also, need to consider for headroom issues as well. can do within TS budget 500K?
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Agent 45
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Jul 3 2015, 10:49 PM
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QUOTE(Sunny zombie @ Jul 3 2015, 10:43 PM) can do within TS budget 500K? my calculation is around that figure.
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darylding2000
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Jul 3 2015, 11:03 PM
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New Member
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Easy to get license for budget hotel or boutique hotel???
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troller2
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Jul 4 2015, 02:02 AM
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Getting Started
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QUOTE(Hun Eung @ Jul 3 2015, 10:12 PM) Unit trust 100% in 4 years? Is it unit trust we are talking? Mutual Fund.
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Sunny zombie
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Jul 4 2015, 02:11 PM
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QUOTE(troller2 @ Jul 4 2015, 02:02 AM) which fund bro!
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nexona88
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Jul 4 2015, 05:24 PM
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QUOTE(10996455 @ Jul 4 2015, 02:19 PM) His id name troller u still don't get a hint meh ?? +1
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SUScute_miao
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Jul 5 2015, 11:39 AM
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Invest in share
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puchongite
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Jul 5 2015, 12:22 PM
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QUOTE(cute_miao @ Jul 5 2015, 11:39 AM) Most people are aware of investment in share market or unit trust. There are threads for them already. For discussion purposes, maybe let's just assume that people already have x% of his money in share market or unit trust. For diversification, people want to invest y% of his money in real physical business activities. The y% might be RM 500k or so. So how ? This post has been edited by puchongite: Jul 5 2015, 12:22 PM
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troller2
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Jul 6 2015, 09:10 PM
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Getting Started
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QUOTE(Sunny zombie @ Jul 4 2015, 02:11 PM) Public mutual, CIMb, Kenanga (the best performing). My ID is 'troller', but I only troll in Kopitiam.
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haziqnet
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Jul 7 2015, 12:53 PM
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cyber cafe is not a profitable business anymore...u should open a service shop like printing, laminating and so on...this day services business is the most profitable...i already open cybercafe for 6 years now, and within this 2 years the business profit down more than 80%...if u want to open cyber cafe make sure u also do services and not 100% cyber cafe...
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prozac88
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Jul 7 2015, 01:47 PM
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Getting Started
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Cybercafe not profitable... lol... Exited it 6 years ago..
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eternity4life
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Jul 9 2015, 02:29 PM
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Getting Started
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With 500k I'll just go offshore investments. I'd prefer my money not to be in Malaysia under the current financial times.
Or maybe go with private equities or hedge funds available. Some wholesale funds also not so bad.
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