Lowyat.NET: Latest topics by jolokia

LGE Will be Replace By..

jolokia — Tue, 26 Jul 2016 13:57:41 +0800

Upon LGE visit to Bora2 Hotel at Sg Buluh soon (As claim by himself as well)

Who do you all think should replace LGE as Penang

1.) Chow Kon Yeow

Chow Kon Yeow (simplified Chinese: 曹观友; traditional Chinese: 曹觀友; pinyin: Cáo Guān Yǒu; born 14 November 1958) is a Malaysian politician. He is a member of the Executive Council of the state of Penang as Chairman for the Local Government, Traffic Management and Flood Mitigation Committee and also as the state assemblyman represents the seat of Padang Kota in the Penang State Assembly. From 1999 until 2013 he was the Member of the Parliament of Malaysia for the Tanjong constituency in George Town, Penang.

Chow is also incumbent Democratic Action Party (DAP) Penang State Chairman.

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2.) Liew Chin Tong

Liew Chin Tong (simplified Chinese: 刘镇东; traditional Chinese: 劉鎮東; pinyin: Liú Zhèn Dōng; born 27 November 1977) is a Malaysian politician and is currently the member of the Parliament of Malaysia for the Kluang constituency in Johor. He had also served as member of Parliament for the Bukit Bendera constituency in Penang from 2008 to 2013. He holds the portfolio of Political Education Director and is a Central Executive Council member of the Democratic Action Party (DAP).

Liew was first elected to the Malaysian Parliament in the 2008 election.[1] A political strategist prior to his election, Liew has been credited for masterminding Pakatan Rakyat's takeover of the Penang State Assembly.[2] In the 2013 General Election, Liew wrestled the Kluang Parliamentary seat in Johor from MCA's Hou Kok Chung.

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3.) Loke Siew Fook (Anthony)

Anthony Loke Siew Fook (simplified Chinese: 陆兆福; traditional Chinese: 陸兆福; pinyin: Lù Zhào Fú; born 28 April 1977) is a Malaysian politician. He is the Member of the Parliament of Malaysia for Seremban, and a senior official in the Democratic Action Party (DAP). He is also the Member of the Negeri Sembilan State Legislative Assembly for Chennah, and acts as the leader of the opposition Pakatan Rakyat coalition in that chamber.

Loke was born in Seremban, Negeri Sembilan, and educated in St. Paul's Institution and SMK Seri Ampangan. He graduated from Universiti Kebangsaan Malaysia in 2000 with a degree in development science. In 2004 he was elected to the Negeri Sembilan State Legislative Assembly for the seat of Lobak, and retained his seat in the 2008 election, when he also won election to the federal parliament for the constituency of Rasah. In the 2013 election he switched seats at both state and federal levels, contesting and winning Chennah in the legislative assembly and Seremban in the federal parliament.

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4.) Ramasamy Palanisamy (Current Chief Minister 2 of Penang)

P. Ramasamy s/o Palanisamy (Tamil: இராமசாமி பழனிசாமி; born 10 May 1949) is a Malaysian politician who is currently the Deputy Chief Minister of the state of Penang. He is also a member of the Parliament of Malaysia for the Batu Kawan constituency, and represents the seat of Perai in the Penang State Assembly. He is a member of the Democratic Action Party (DAP) and is a shadow Minister for Foreign Affairs in the Pakatan Rakyat opposition coalition.

Ramasamy was elected to the Malaysian Parliament and Penang State Assembly in the 2008 election, defeating former Penang Chief Minister Koh Tsu Koon.[1] He became Deputy Chief Minister of Penang after the election, serving under the new Chief Minister Lim Guan Eng, making him the first person of Indian origin to hold the post of deputy chief minister in any Malaysian state.[2]

Before entering politics, Ramasamy was a Professor at the Universiti Kebangsaan Malaysia, from which he officially retired in May 2005. He later took up teaching positions in Germany and Singapore.[2]

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#LGExit

jolokia — Mon, 25 Jul 2016 09:04:46 +0800

http://www.malaysia-today.net/penang-lgexi...chief-minister/

Among the highlight (since most here lazy to read long article)

His actions have been staunchly backed by DAP and some DAP supporters. Obviously, DAP’s motto is ‘do as I say not as I do’.The Dapsters including LGE have appointed themselves as custodians of the nation’s morals been vociferously clamouring for the resignation of many Barisan leaders and public officials.

Now that LGE has been arrested, all these moral custodians are seen somersaulting. Lim Kit Siang, the chief somersaulting frog, strangely feigns ignorance of the right course of action to take on this issue and says he needs to go around the country to consult the ‘rakyat’ to help him decide whether his son should step down.

Another notable somersaulter is Ambiga Sreenevasan. When the issue of the bungalow first came to light she advised LGE to go on leave (The star, 22 March 2016). Now she prevaricates on the issue of LGE’s resignation and refuses to give a direct answer, no doubt being torn between ties of association and morally accepted behaviour.

Most Juicy part are in the link I provides above

Here some nice posters
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New Selangor Menteri Besar ?

jolokia — Thu, 02 Jun 2016 13:49:10 +0800

In view of recent chaos in Selangor, Who do you all think should be the idea Menteri Besar of Selangor ?

Malay Penang Chief Minister

jolokia — Mon, 30 May 2016 14:04:14 +0800

In view of the many question on a non Malay Prime Minister.

I take the liberty to ask whether Chinese can accept Non Chinese CM, In particularly Malay CM in Penang.

More over LGE may masuk lokap anytime due to Pinhorn Bungalow Songlap Scandal, can replace him with Deputy CM Mohamad Rashid Hasnon.

V24 Property Bubble – Has the price bottomed?

Thu, 01 Jan 1970 07:30:00 +0800

V24 Property Bubble – Has the price bottomed?

jolokia — Mon, 28 Mar 2016 13:45:00 +0800

http://www.propertyguru.com.sg/property-ma...-says-developer

Home sales in Malaysia are expected to recover in the second half of 2016, said Mah Sing Group, the country’s third largest property developer by sales.
“We have reached the bottom of the downturn, and it will recover in the medium term,” as Mah Sing is witnessing signs of renewed confidence from home buyers, despite the negative reports on the weak ringgit, and allegations of corruption, said Group Managing Director Leong Hoy Kum.
“The bad news like 1MDB and the ringgit have already been digested; I don’t see anymore bad news coming out. It is back to work for everyone, to focus on economic growth.”
The ringgit has also strengthened 3.8 percent, making it Asia’s third best-performing currency.
Meanwhile, Mah Sing is set to hit its RM2.3 billion sales target for this year. The developer is confident it can sell more “medium range to high-end properties” in 2017, especially in Kuala Lumpur.
Meanwhile, its competitors are also posting strong sales. Earlier this month, Eco World Development Group found buyers for 85 percent of the units at its apartment outside the capital. Moreover, nearly all of the 341 units at a project by Sime Darby were snapped up in one day.
Given the turnaround, Mah Sing is now looking to acquire more land parcels with its record net worth of RM1.4 billion (S$467 million). It wants to replenish its land bank after holding back on such acquisitions in 2015.
“Every weekend is shopping time for me and sometimes, I charter a helicopter to look at land of 500 acres to 1,000 acres,” added Leong.

http://asia.nikkei.com/Politics-Economy/Ec...-demand-falters
KUALA LUMPUR -- Malaysia could see a property bubble in 2016 with demand weakened by the slowing economy, an estate agent has warned.
CH Williams Talhar & Wong (WTC) is predicting flat demand for property in key cities, including the capital, Penang and Johor Baru.
Malaysia's property market has benefited from monetary easing in developed countries in recent years that has funneled foreign capital into equity and real estate.
Unemployment has been stable at around 3% and gross domestic product (GDP) growth has ranged between 4% and 7% since 2010, aided by good demand for commodities.
However, the downturn in crude oil prices since the second half of 2014 has had an impact. Growth in house prices slowed to 5.4% year on year in the third quarter of 2015 from a peak of 12.2% two years earlier, according to official statistics. GDP growth in 2016 is expected to fall to between 4% and 5% from 4.5% to 5.5% in 2015.
"Going into 2016, we see headwinds and home buyers will remain cautious," said Foo Gee Jen, WTW's managing director.
He expects high-rise residential and retail segments to be particularly challenged. There is an oversupply of premium apartments, with many "shoebox" units under 46 sq. meters sitting empty.
Foo said developers will probably take at least a year to clear these units before they consider more building. Some 13,000 high-rise apartments are due for completion in 2017, adding to supply in a bearish market.
Home ownership is already relatively high at 72.5% in 2010 based on a government think-tank report. But house prices have increased from 4.02 times annual household income in 2012 to 4.4 times in 2014, when a factor of three is considered affordable. Young married couples in particular are struggling to buy homes.
Foo also predicts consolidation of existing purpose-built office spaces in Kuala Lumpur, noting that companies like Shell and ExxonMobil are planning to cut costs by reducing their office footprints.

V24 Property Bubble – Has the price bottomed?

jolokia — Fri, 18 Mar 2016 16:38:22 +0800

V23 Property Bubble First 2 in 1 Topic

jolokia — Tue, 11 Aug 2015 13:11:01 +0800

Continue for V22

https://forum.lowyat.net/topic/3614004/+2400#entry75837533

Ladies & Gentleman,
I would like to make this new thread be more interesting, instead for the normal same old school economy related property bubble, I would like to include “Behavioral Economy Factor” thus I add in Families & Relationship factor as well, many of us may not be aware that families & relationship factor play as No.1 reason for us especially Asian culture to buy a house as a security toward relationship as well as for current families, future families growth, parents/in law, new ++ families members.

This is first of a kind 2 in 1 property bubble thread.

Factor 1

Currently our currency is really on a downward spiral trend with daily weakening against the greenback, so what can we do to keep the value of our money, especially in term of property investment which deem a good factor to secured future money value.

http://www.themalaysianinsider.com/malaysi...property-buyers

Factor 2

In fact read how married is No.1 factor in demand for property to young couples in China thus causing Property buying trends

http://qz.com/96737/yet-another-reason-why...-odds-in-china/

Yes, part of the reason I include this factor to avoid what happened in previous thread where Admin use derailed topic to close down the thread which I deem “high handed methods" nevertheless this thread as high prospective & wider discussion topic.

Again I would like to stress that this is not a personal attack thread but rather leaning from “general real life case study”

For those who not well verse with the phrase “Behavioral Economy” please feel free to read some of the link I attached.

Behavioural economics applies psychological insights into human behaviour to investigate how people make economic decisions under various conditions of constraint (e.g., time and knowledge) and influence (e.g., social pressure). This field has emerged as an important area of modern economics, and the social sciences more generally.

http://www.investopedia.com/terms/b/behavioraleconomics.asp

http://economics.about.com/od/behavioral-e...l-Economics.htm

https://www.city.ac.uk/courses/postgraduate...l-economics-msc

http://www.huffingtonpost.com/adam-grant/w..._b_5491960.html

I hope Jason (Top Graduate of Behavioral Economy) & Icemanfx (Current Undergraduate of Behavioral Economy) who specialist in these field come over & assist me to give better interpretation on “Behavioral Economy” especially how it affect Property Buying Trends & Bubble.

V22 Property Bubble Owner Viewpoint

jolokia — Sat, 20 Jun 2015 10:21:07 +0800

Continuation of V21

https://forum.lowyat.net/topic/3513156/+2540#entry74989372

In view of current market scenario many claimed is the eve of destruction of property market, some says the we have passed the peak now heading downhill all the way.

Some says there is always another higher peak.

Some says the market is at still mode aka stagnation.

Come let votes see how owner feel about the market, after all it is owner decision whether to sell or not & at what price they willing to let go their properties..

V21 Property Bubble Post GST Effects.

jolokia — Wed, 04 Mar 2015 18:18:10 +0800

Continue from V20

With GST just arround the corner, So what do you all think is gonna be ?

http://loanstreet.com.my/learning-centre/H...Property-Market

http://www.theedgemarkets.com/my/article/h...erty-consultant

http://www.rtde.com.my/hello-world/

Come come lets discuss

V20 Property Bubble & Affordability

jolokia — Thu, 12 Feb 2015 11:48:36 +0800

Continue From V19

http://edgy.my/4-questions-2015-and-some-t...answers-housing

Is Property Price Reallty Beyond Our Mean ? Is Property Price Grow Faster Than Our Income ? Or You Refuse To Buy What You Can Afford & Want What You Can't Afford, Can You Live in a Lower Price Property ? Is There Standard Rules Overseas Graduates Must Lived in RM 600K Property & Can't Live in RM 400K Property ?

If You Can Afford Is There Property Bubble ? Or You Alway Want Something You Can't Afford, Maybe It Was Flippers/Speculator That Cause Bubble & You End Up Can't Afford ?

Come Come Let's Discuss

V20 Property Bubble & Affordability

jolokia — Mon, 09 Feb 2015 12:42:41 +0800

V20 Property Bubble Or Affordability

jolokia — Mon, 09 Feb 2015 12:36:28 +0800

V19 Property Bubble More Launching in 2015 ?

jolokia — Fri, 16 Jan 2015 18:36:31 +0800

Continue form V18

Developers are launching more, but can we absorb more ? or we actually waiting for more & want more, let discuss.

[attachmentid=4303919]

Some said sales volume drop but price keep moving up, so what next, less supply & cost more ?

V18 Property Bubble What Ahead for 2015 ?

jolokia — Sat, 03 Jan 2015 20:38:02 +0800

Continuations from V17

Another new year arrived, So what ahead of us in 2015 ?

As usual new year always begin with new hope & new prediction, So whats is gonna be ? Up ? Down ? Flat ?

http://www.livingspace.com.my/opinion/5-re...alaysia-in-2015

V17 Property Bubble (Is there a bubble at all ?)

jolokia — Tue, 23 Dec 2014 17:38:12 +0800

After 17 version of discussion, the question is "Is there actually a bubble all this while, was it merely media sensation ? Has the so call inflated real estate has become inflation as income improved over the time ?

Come fellow comrades lets discuss.

http://www.theborneopost.com/2014/12/13/st...layers-in-2015/

http://usa.chinadaily.com.cn/business/2014...nt_18976780.htm

Property Bubble TS Choice

jolokia — Mon, 22 Dec 2014 18:22:05 +0800

Ok, this would be a poll to determine who should be the next TS for Property Bubble Thread since our beloved Ah Bear not too happy at me been what he call tolling TS, we let our beloved members here make a democratic voting system.

Our very own GE 14

V16 Property Bubble Continue or Game Over ?

jolokia — Wed, 10 Dec 2014 08:57:05 +0800

Continue from V15

https://forum.lowyat.net/topic/3424616

http://www.express.co.uk/life-style/proper...000-in-New-Year

http://www.thisismoney.co.uk/money/mortgag...Nationwide.html

https://rightways.wordpress.com/2014/09/20/...uisse-predicts/

Property Bubble Defying Gravity V15

jolokia — Fri, 28 Nov 2014 09:32:48 +0800

Continue from V14

https://forum.lowyat.net/topic/3412386

Is Our Property Price Defying Gravity, What's Go Up Never Come Down ? Come discuss !

http://www.businesstimes.com.sg/real-estat...to-defy-gravity

http://www.orientaldaily.com.my/index.php?...sion&Itemid=378

http://www.kfhresearch.com/product/jakarta...defying-gravity

Property Bubble Burst or Deflate ? V14 (发)

jolokia — Sun, 16 Nov 2014 18:00:22 +0800

Continue from V13

https://forum.lowyat.net/topic/3392892

http://www.theguardian.com/business/econom...ty-stocks-bonds

http://www.businessspectator.com.au/articl...ubble-it-bursts