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 Country Heights Grower Scheme (CHGS), anyone heard before?

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post Dec 19 2007, 02:52 PM

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QUOTE(cherroy @ Dec 18 2007, 03:16 PM)
If the information is true then they instantly make 7k/acre (but has not deducting out the plantation cost yet, to be fair).

Yield is attractive enough but mostly people more concern about what if there is no buyer for the land. As the trust is going for 23 years, (a bit too long, some may be survive until can see the final fruit, especially upper middle age people) what if I need my initial capital after 3 years or 5 years? even if the land is worth 10K but no buyer around, how would can I liquidify it?
That's the most important question and risk as it is a bit different from buying a land title.

Anybody has the information, how to liqudify, no doubt about its yield attractiveness.


Added on December 18, 2007, 3:17 pm

You already invested in it? May be updating for us to know its yield then, if you don't mind.

Thanks
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last night i went for the seminar in penang.
liquidity will be a main problem for this kind of investment, but if u dont plan to touch ur money anytime soon, i reckon this is one of the best long term investment you can find.
there will be no solution to the liquidity problem until they come out with some sort of repurchase option like unit trust, u will have to find a buyer who is willing to take over(transfer) the ownership of the land, since its a physical investment(you're buying a piece of land), its gonna be much more complicated.
their financial year is from 1st Jan to 31st Dec, yield coming in February, its gonna be exciting when the first batch of investors get their yield.
smile.gif

you'll be receiving 12% yield as long as CPO stays above RM2100 on average for that year. and also subjected to additional 5%bonus if yield is good, not much information on the yield terms&condition and calculation, willupdate once get more info, anyone with detailed info pls update. tq
beginner
post Dec 23 2007, 09:15 AM

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QUOTE(F1meteor @ Dec 19 2007, 03:58 PM)
erm, something to add here.
The additional 5% is only for those who holding 4 lots and above if i'm not wrong.
I'm not very sure about this.

I haven't invest yet. I think most probably next year March only I can put my foot in.
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from what i know, extra bonus return is for high fresh fruit bunch(FFB) yield

for 20-24.99MT/hectare is 1%
for 25-29.99MT/hectare is 3%
for >30MT/hectare is 5%

so if CPO remains is above RM2100(12%), and yield is >30MT/hectare(5%), you will be getting a return of 17% per annum, management fees 0.1%(per year), still u get a net yield of 16.9%.(before tax). which is quite not bad at all...
smile.gif
is the area(Gua Musang Kelantan flood prone?, this is one of my worries)
beginner
post Jan 3 2008, 10:01 AM

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QUOTE(cherroy @ Dec 23 2007, 09:43 AM)
The main problem we concern is liquidation in this 23 years period.
Yield is a secondary issue as said before no doubt about its yield attractiveness.

If the land in in western part of Malaysia is much better, better change of appreciation.
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yes liquidation is the main problem actually, since they dont have a buy-back(repurchase) policy like unit trust, therefore, when u want to sell, u only have an option to transfer ur land(share) to someone else via broker or via CHGS itself.
so when the yield(return) is bad, then ure in deep shit, cause nobody's gonna buy ur share
smile.gif

from the 2nd seminar that i went to, there was a promotion, if u invest in 1 acre(RM22000), you will get a free 1 night stay at PALACE OF THE GOLDEN HORSES. drool.gif drool.gif anyone bought 1acre ar?
beginner
post Jan 3 2008, 12:38 PM

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QUOTE(DREAM99 @ Jan 3 2008, 11:11 AM)
when/where is there next roadshow? interested to find out more about it..
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where u from?
seldom they do road show, only got seminars

beginner
post Jan 3 2008, 04:04 PM

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QUOTE(DREAM99 @ Jan 3 2008, 01:03 PM)
i m from klang..
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later i check and see which is nearest area to you.
smile.gif

QUOTE(cute_boboi @ Jan 3 2008, 02:36 PM)
hmm... I'm interested to know more on this also.
hmm.gif
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where u from?

QUOTE(whoopa @ Jan 3 2008, 03:55 PM)
i dun get the guarantee 8% for the first 3 years. .. 8% of wat ... 5.5k ar/?? sorry noob investor .. i also wan to try this investment ...
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yes, guarantee first 3yrs ROI 8%

 

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