My Dream Job

My dream job is to own small or medium sized beach resort. The inspiration come from my endless journey reviewing chalet and hotel all over Malaysia. I dream starting and ending my day with swimming in either swimming pool or beach. Between those, I keep smiling to my customer welcoming them to my resort.

I knew one small resort owner every morning he manage to catch small fish at the beach and by 11 am he start cleaning check-out customer and prepare the room for check in. And by evening he can continue relax at the beach.

On my journey to Taman Negara Pahang, the guide confessed to me that he used to work as Bank Manager. He admit the career is rewarding in term of money but stressful. So he start tourism based business and bring tourist into National Park. Even his radio music is no rock, rap or pop but the recording of singing bird and waterfall.

By meantime, enjoy the picture I taken during my recent holiday at Langkawi Island.

Exit Strategy

Many businessman have contingency plan but many failed to outline exit strategy

Exit strategy in my definitions is strategy to safely exit existing venture with no or minimal lost. Defining exit strategy is first by identifying what is worse case scenario that could be face in one venture. The scenario where how much effort we have done, we still cannot recover the business.

I would like to share exit scenario for Boeing 747 project. They have multiple plan to market the Boieng 747 into passenger jet. But if the Boeing 747 failed to become a leading passenger jet, then then the double decker design of Boeing 747 can be easily turn into cargo gate to turn the Boeing.

In conclusion, put up the best contingency plan for your business or even your career plan. But at the end of the day, you should plan your exit strategy just as you plan which is the nearest exit in the plane should the plane crash landing.

Langkawi Cable Car, Langkawi Island, Malaysia

Each gondola can accomodate 6 adults

Breathtaking view on the top

Sky bridge provide 360 view of Langkawi Island

Longest span and steepest climb in the world

Beside beautiful white sandy beaches, Langkawi latest attraction is Gunung Machincang Cable Car. Located near oriental village, Langkawi cable car have 2 stops and 2 viewing platforms.

No need to say more word, Langkawi cable car is a must visit place when you visit Langkawi. Entry fee is quite cheap but during weekend, it will be more crowded. Alternatively you can visit on afternoon or on weekdays.

Grace Garden, Kota Kinabalu, Sabah, Malaysia

Secured front access will ensure your safety.

Try to enter the apartment/condo. If harder to enter means security more tighter.

Dedicated club house for swimming pool will ensure your privacy when swimming

Consider low density condominium

With rising land price, investing in strata property such as apartment and condominium become a trend right now. The advantage of investing such property is low entry price and higher monthly Return on Investment (ROI). Low entry price mean you can book the apartment sometime as low as RM1000 and get 100% loan. In term of rental income, your monthly rental should easily surpassed monthly bank loan payment as well as maintenance fee.

And some people like me prefer living in condominium. It's provide secured environment as well as easy access to city centre and public transportation. I love swimming and living in condominium provide me an opportunity to swim whenever I like.

The disadvantage of course since condominium management is shared among people living inside give much headache especially to Joint Management Body (JMB). If you buying completed condo, try to talk to local people and rate the JMB performance.

And remember, selecting a good developer will ensure faster process to obtain Strata Title as most apartment and condomunium still without strata title.

Toyota Vios 1.5 vs Toyota Hilux

Wrapped in plastice bag before to be send to repair.

Send to Toyota Service Centre to get new original spare part

Just before Iduladha, Toyota Hilux collided with my car at NKVE just before Sungai Buloh Exit.
A chinese man than came out from Toyota Hilux and say that he will pay RM 500 for the accident. He said he is in hurry for the meeting. I don't want to accept RM 500 because I think for such damage, the cost is higher. He asked me just to accept the RM 500 and make false police report to claim my insurance which I refuse. He tried to shout at me and said he is very late for the meeting. I scold him back because he break the law by following my car very near and failed to stop his car even in very low speed drive.

Than we try to make police report but for accident along highway at Selangor, should be reported to IPD Selangor near PJ.

I drove my car to Toyota Service Centre Jalan 217 and estimated cost to repair my car is RM3000 - RM 5000. Since the cost is much higher than RM500 he offered, I call the chinese man and said I will make a police report. So I make my report at IPD Selangor PJ.

Afterward at night, police officer call me to go back again to police station to record my statement. The chinese guy claim that I change my lane suddenly and this cause and accident. I stood to my point and I have alibi that I do not need to change a lane. I also said that the idiot guy even suggest to me to make false police report. At last the police officer agreed that the chinese guy is the cause of the accident.

What I learn from this case is making police report is the best way to financially cover the cost of accident. Outside settlement is a no-no and let police fine anyone who break the law. Let them know that we are strong and honest.

Home Refinancing

Home Refinancing enable you to have better loan rates and extra cash for investment

Alhamdulillah before the end of this year I manage to acquire one property and refinance one property.

Why refinance? One of the reason is to have better profit rates and more cash in hands. My previous loan is BLR + 0.1% with no ceiling rate (conventional loan) but the new loan is BLR - 1.9% with ceiling rate of 10.25% (Islamic financing).

I also extend the lending to reduce monthly installment. With cash in hand from refinancing exercise enable me to prepare for next year investment.

Proposal for the extension of Ampang and Kelana Jaya Lines

Original Proposal by SPNB

Proposal 1:

Branch off LRT to connect Red Line (Kelana Jaya) and Green Line (Puchong)

Proposal 2:

Monorail to connect Setia Jaya Komuter station, red line and green line.

Effective public transportation is an essential for socio-economic growth. Reliable public transportation can reduce cost of transportation thus reducing congestion, reducing pollution and increasing productivity.

However looking at the original proposal, some improvement need to be done in order to increase LRT effectiveness.

Using original proposal, commuters from Puchong to Kelana Jaya need to travel back to Bandar Putra, change train there. On the other hand, commuters from Port Klang need to change train twice at Subang Jaya and Bandar Putra.

Thus, there is a need of LRT branch off to connect between Green Line and Red Line.

The Subang Jaya Komuter Station need to be upgrade and it is propose it become transit hub like KL Sentral. The line can be considered to be extend to the new Shah Alam terminal at Batu 3 and Melawati Stadium to accommodate Park and Ride facilities for Shah Alam people.

It is a fair proposal that could benefit most people in major town in Selangor.

Alternatively, if there is a strain of time, money and space, reviving Sunway Monorail is another option. A single track shuttle can be connect between Green Line and Red Line. Another single track can connect Setia Jaya Komuter Station to the interconnecting Green and Red Line via Sunway Pyramid.

It is propose SPNB, takeover the Sunway Monorai, revive it and integrate it to the LRT system.

Last but not least, KTMB must do their part by providing enough Komuter train to support surge in passanger in Subang Jaya Komuter station and maybe in future to provide non-stop service between Subang Jaya and KL Sentral.