Lowyat.NET: Latest topics by webby88

Sofa

webby88 — Fri, 06 Jan 2012 22:30:22 +0800

Visited quite a few retailers selling Sofa mainly made of leather and Fabric material. Generally most established retailers are providing both the range due to demand and price points with leather being the more expensive option.

Both materials have their positive and negative points. Some prefer fabric being more breathable and washable while others prefer leather being easier to clean, maintain and the looks.

For me, after using quite a few sets of leather and fabric sofa, my personal preference is leather material mainly for the maintenance and durability.

Now for leather, there are many types of leather from Aniline, Semi-Aniline, Corrected Grain, Split Leather and bonded leather, sometimes called synthetic leather. These terms can be googled easily as it is standard terminology of leather used in the sofa industry. However, today almost all retailers (including established ones) in Malaysia use the name Bovine leather and this is a very confusing term. Googled this and you can see that it is not a common terminology used for leather. Bovine is a term meant for hoof animals, which include cattle, the bison, African buffalo, the water buffalo, the yak, and the four-horned and spiral-horned antelopes. So in short cow is a bovine but bovine is not a cow.

In case where the term Aniline or Semi-Aniline is used, you can expect some premium on the sofa.

Last but not least, leather comes in different thickness, generally 1.5mm or 1mm.

Anyone feel free to share your experience about your sofa purchase.

Dijaya acquires prime land

webby88 — Sat, 08 Oct 2011 00:42:59 +0800

From The Edge news:

http://www.theedgemalaysia.com/business/19...r-rm6525m-.html

Any idea where in Sultan Ismail?

KUALA LUMPUR: DIJAYA CORPORATION BHD [] (Dijaya) has acquired three parcels of prime land in Kuala Lumpur measuring one acre for RM65.25 million with a gross development value of RM650 million.

In a statement Friday, Oct 7, Dijaya said its 99.99%-owned subsidiary Ace Rhythm Sdn Bhd had acquired the freehold development land along Jalan Sultan Ismail in Kuala Lumpur.

The lands would be transformed into a mixed development consisting of serviced apartments and commercial lots, it said.

The company said the development projects were expected to contribute positively to its future revenue stream and financial performance.

Dijaya group chief executive officer Tan Sri Danny Tan Chee Sing said the acquisition was an opportunity for the group to introduce the ‘Tropicana’ brand name to an urban market in the city centre area.

“This proposed development is expected to attract much attention from both the locals as well as foreigners in the country,” he said.

Dijaya said the lands had good development potential because they were located in a strategic location in the central district of Kuala Lumpur City Centre, an area where residential and commercial PROPERTIES [] are highly sought after.

The lands could also demand premium pricing for both residential and commercial properties, as evidenced by other developments within the vicinity such as Pavilion Residence, Four Season Place, the Binjai and Regent Residence, it said.

“This acquisition, following its proposed development of W Kuala Lumpur Hotel & Residences, provides an opportunity for Dijaya to expand and strengthen the group’s existing business property development portfolio within Kuala Lumpur,” it said.

6 to 12 months ago it is much lower!

webby88 — Tue, 14 Jun 2011 09:15:42 +0800

"I book my unit 6 to 12 months ago in the same neighbourhood and it was much cheaper!!! It is a good buy if you have plunge earlier" This statement is in the mouth of most property buyers for the last couple of years.

1. Does this mean that Property Developers are getting unscrupulous taking every advantage of the emotional buying frenzies and short changing buyers?
2. How long can this trend last? With some property around the region plateauing / dipping, will Malaysia property sustain?
3. Bubbles bubbles bubbles? This has been talk over and over again. Is this the case?
4. Property prices increased is justified as cost of land, building materials, labour, better concept is the main caused? Excuse by developers to justify their price increase.
5. How long demand will continue to outstrip supply (is this for true)? Or just a perception of buyers?