Gark, good point u listed it out here. Many scheme can easily claim to have highest OER, lowest cost, but worse of all, they are not involve in this industry for decades!

Btw sue, where is your land located? The peat soil thingy can't achieve such a high OER lah, my dad involved in plantation for 3 decades say so.

It sound to attractive for such scheme, guarantee 7% for the first 5 years, i can brain why the logic they giving out like this

Lend money from bank = BLR + 1% = 7.6% (If i'm not mistaken for agricultural land and allowed for 60% financing only)

Now the owner not happy because have to work for bank and having tight cash flow, so he got an genius idea for inventing such scheme giving out 7% guarantee return for first 5 years, and also possibly more than 100% financing

When the palm tree reach mature stage,
first way fast fast ditch the investor and reap the profit onwards since investor already save up 0.6% of interest cost and successfully solve his cash flow problem in the initial 5 years
second way squeeze it dry by *ahem ahem* since management run by them

So after this story, do u guys believe got such big frog jumping around?

This post has been edited by yhtan: Sep 13 2013, 11:26 PM