launching price was RM5000 for one plot or 1/4 acre
now its sellin at RM5500 for one plot or 1/4 acre
the price will appreciate to RM6000 a plot in the mid of FEB

hey sorry guys, i was very busy last week with outstation appointments.
The 8% is based on the initial investment price.

8% for Rm5500 until 23 yrs.

The price is still Rm5500 till 11th March 2008

After that based on the new prospectus, the new price will be Rm6000

(5) Liquidability of investment high, i.e. low risk of being insolvent due to land agreements.

Any idea how long it will take to clear off the current surplus? One thing I'm curious, when China cancels their earlier contract at 3000+ level, do they need to pay any compensation or is it normal for any buyer to purchase and cancel at their perogative?

For CHGS investment, it is meant for risk adverse investors who wish to have regular yearly income with higher interest than FD/Amanah saham, while at the same time grow their initial capital every year to hedge against inflation with capital protection. It is similar to property investment except that the rental income is guaranteed every year & you don't have to look for tenant or pay land tax, mantenence, agent fees etc. Since the returns are certain, it can be used as an addition to regular retirement income, childrens education, holiday income etc. So in terms of portfolio spread, CHGS will fall into the area of your FD/AmanahSaham/Insurance spread, while you may have another portion for other speculative investments (shares, currency, unit trust, real commodity trading).

Comparison for RM320k

CHGS dividens (8-17%)
year 1 to year 3 - RM25,600pa / RM2,133pm
year 4 onwards - RM38,400pa / RM3,200pm (at conservative 12% average)
Capital growth At maturity - RM1,1-1.5 million +/- 400% (from sale of land), RM2.4-3 million +/- 800-1000%(including dividens)

FD at 3.75%
year 1-24 - RM12,000pa / RM1000pm
Capital At maturity - RM320k (original investment), RM746k  ie. 230% inluding dividens(compounded)

Property (single story house in PJ)
average rental - RM15,000pa (not guaranteed, depends on tenant availability) / RM1250pm (4.7%)
less real estate agent fee, lland tax, maintenance, legal fees etc)
After 20+ years sale - +/- 400% return
less real estate agent fee, legal fees, property gains tax etc

I suggest you read the CHGS contract at www.chgs.com.my before making false comments otherwise you will mislead potential investors. CHGS returns are contractually guaranteed as well as capital protected. This was one of the requirements for SSM approval as all returns must be contractually guaranteed otherwise CHGS cannot advertise the returns as stated as well as local banks cannot market the product stating the returns as such. In fact, that is the main reason the tagline for CHGS is 'invest in certainty'.

What does contractual guarantee mean? What do you think it mean, since you mentioned it? For me, contractual guarantee means there must be a contract between the investor and the co. and the contract must show that your dividen of 8% or 3% or 5% is guaranteed.

That is why the funds do not go to CHGS, it goes to BLHB Trustee Berhad, which is owned by CIMB bank. Hope this brings light to you. This is also the reason why SSM only approves CHGS because of this safety feature. Those other UK and Canada land investment co. was raided because they do not have SSM permission to collect funds from the public. Your concerns have already been discussed earlier on, do look back and read the posts.

CHGS is marketed by our marketing partners via their credit card division. If you would like to know more, let me know which bank are you using and I'll recommend the bank officer to you.

Mmmm.... It is projected that even more defaults will take place. Well, there is some level of compensation stipulated, about 5% or so if I'm not mistaken. But consider that 5% of RM3,000 is only RM150, when the new pricing is only RM1450, you actually lose not much, but gain more than RM1,000 by defaulting.

The surplus should end my mid second quarter FY09. But do note, should does not mean would. Right now buyer sentiments are very fickle, so assuming no smartass comes out to make detrimental statements, then CPO prices should return to RM2200 by then. Otherwise.....

i also received my cheque on 16 Jan
RM700 i bought 2 units last March

Is this scheme viable

or risk free

or do I have to allow for the fact or likelihood that I may lose a major part of my investment.

Govt policy change is not a risk in this investment. In the event there is an uncontrollable external factor that causes the investment to terminate itself, all investor funds must be returned to investors (see clause 9 of CHGS contract at www.chgs.com.my). Since the funds are kept by BHLB Trustee which is owned by CIMB bank, they are required to return the funds upon any termination. That is why this investment is approved by SSM as there must be proper safeguards for the investor to make sure it is a capital protected investment.

5 plots country height grower scheme for sale.

Current price RM 5500
CHGS Trading List

Selling price RM 5400

Please contact Ooi, 016-9755888

Then Clause 9 takes effect. The money held by BHLB Trustee is part of the trust a/c, meaning it is held on trust on behalf of CHGS investment. In other words, CIMB bank has no legal right to the proceeds of the investment.