Btw, CHHB bought the land at RM15k/acre.
So by selling them at RM5,500 per 1/4 acre, they instantly recover half of their initial investment.

entitle for that hotel stay promotion (1 or 2 night cannot remmber) = 1 acre purchase

1 lot = 1/4 acre = 5.5k
4 lot = 1 acre = 22k  

no more 5k per lot.
It's now 5.5k per lot. And I heard next year going to be 6k per lot.
I'm waiting for my bonus for investing XD

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.


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

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...

is the area(Gua Musang Kelantan flood prone?, this is one of my worries)

we only hav 30% left to sell. appx 600 plots left.
i hav alot of solutions for ya guys, but its not in the agreement so u all wont trust me or anything.
we dun need u to release at a loss, but juz at par value, im able to put ur plot for sale.

At the maturity of this scheme, im sure the price will appreciate much higher than the purchased priced, 23 yrs is a long time and allows things to progress steadily. Finding a buyer wont be a problem, because countries suitable for oil palm is only malaysia, thailand and indonesia. whereby malaysia and indo is mostly producing it.

Malaysia produces the best oil palm so far, and oil palm is a consumable product to the world population. Oil palm is not expensive, doesn't cause transfatty acid, doesn't require hydrogenation process to extend its shell life. Its naturally very safe to use. Unless another alternative is being discovered, oil palm remain as the best solution up to date and in the near future.

so, sellin the land in the near future, or the land being appreciate wont be a big issue, many big corporations out there would snap it

thanks for the summary. Its much easier to read compared to going through the whole thread. But are you really sure about that 100% fail-proof claim? I kinda agree with cuebiz that no one knows what will happen in 23 years.

MC accounts as at Feb-2007 showed they have already put in around RM20 million including land development costs of over RM15 million.  The RM100 million from CHGS will be used to buy more seedlings, planting and fertilizers costs, labours , maintenance, re-planting, etc...  Hence a fully operating plantation with productive trees would fetch good value even after 20 years.  This Gua Musang land lease would likely remain as plantation land for its whole leasehold term.
"100% Failproof" : I should have added that the project on paper looks very good and very viable.  This is because the returns is FULLY based on world CPO prices and not on MC plantation business operation.  Hence, there is only a very remote risk of downside.  Oil palm products future is unlikely to be shaken unless cheaper substitute can be found.  I estimated returns to be very likely between 6% to 13% for the whole of 23 years term of the CHGS. 
"Growers" are largely removed from other risks such as on the plantation trees which could come from land disaster, disease, flood, drought or other acts of nature/God.  MC has stated that some of these perils are insured for, and only 28000 out of 40000 plots are "sold" to "Growers" to enable MC to earn sufficient profits to pay the "Growers" annual interests which is FULLY based on CPO prices.

Good medium/long term investment :  This CHGS is definitely not liquid like unit trust or shares, but is almost similar to buying a piece of landed property.  When we want to sell, we have to depend on whether there are ready buyers.  If only a few are selling at any moment, my guess is that MC can help us to get a buyer.  Hence for small folks who want to "own" some plantation property and getting steady annual returns, this CHGS is highly recommended.  But for those punters who want returns of over 12%, this CHGS will likely disappoint them.

Why 23 years?  I guess MC by then has enough accumulated profits and cashflow resources to continue on their own and to compulsory buyback from "Growers".  I hope the valuer appointed at that time will not "discount" too much from the open market value but to give the "Growers" some capital appreciation.
To Mr. Andrew :
Can you confirm whether we will get FULL 8% returns during the 3 years we join this CHGS regardless of the date of joining.  eg. if we pay next month March-2008, we will still get in FULL the 8% for ALL of the 3 years after then on Feb-2009, Feb-2010 and Feb-2011.

thanks + regards
michael

I juz want to share my understanding about oil palm. Oil palm does profitable during these years
Last year around JUNe 2007, I have made an investigation on OIL palm profit. Approximate can achieve 20k untung bersih a month for a land of 20acre. I'm calculated the cost and so on, But this is an approximate value.

Price of oil palm should be increasing gradually over the year, unless there is something that can be replaced oil palm like the case getah asli replaced by getah tak asli.

Oil palm have a life of 25years life span. First 4 years should be no income, since the tree still small. But when the time goes by, the older the oil palm tree, the oil palm will have much more higher quality, so as money value.

I have been notice this investment since a while of time. It should be profitable, and it SOUNDS guarantee. The main thing u need to concern is there is no any under table thing happen in this company management.

For my opinion, they provide a good investment scheme. But i have an opinion that, they need more capital at the starting to plant oil palm. since the anak pokok oil palm and land is expensive nowadays. The maintainance fee and baja is very expensive nowadays.

officially there is nothing left to sell.....and there is no more plots for sale
the total 10,000 acre of land is fully taken up. the only remains are the remaining reserved plots.

the kalimantan land is yet to be officially announced.

the price remains high at RM7500 - RM8000 per plot

i would like to take the opportunity to thank all of u who participate in this discussion.

To refresh this thread, MAPEX fair at Mid Valley, CHGS is selling a plot at RM7,500 now. 
According to them, the price will be RM8,000 if go through bank, and as stated in their brochure.

Any latest comments ?

Already appreciate to RM7500? I bought 1 lot last november at RM5500 only. This mean 36% gain. Frigging good investment i reckon.

Netcrawler, sure, not to pour cold water, but you must be able to sell it first before you can realize this paper gain.

And when you wish to sell it, the comany will comedown on you. Sorry,........

is it true hotel stay n 0% 12months instalment plan only applicable for maybank platinum card holder?

not wrong....this is supposed to be given when u buy 1/2acre or more...

Thanks, might visit the fair for one question - what is to the investment if the project becomes insolvent? Need an answer from the sales' persons.

Have a nice weekend.

Right now, if what cute_boboi said is true regarding the selling price now (RM8,000), assuming I bought it when the price was RM5,500, I could sell the land for RM7,500 per plot. That should be one of the ways to exit with some profit (36%) in less than a year. I think the agent told me that we could either choose to look for the buyers ourselves, or they can help us to look for buyers with a little fee. So that is feasible

Ditto D-Tourist.
A more immediate method will be to somehow "burn" off the extra CPO in stock. Right now a mandatory 5% blending is being drafted for biofuel use in Malaysia and Indon, and if that does materialize, we have 500,000 tonnes that will definitely be tied up. So what is left is 1.3million tonnes CPO in stock to sell.

On the RSPO thing, yes, there is a huge demand. In fact, the very first consignment will reach the EU on the 11th November. On average, one can get about USD45 per tonne CPO. So go figure.