Investor Forum Business Daily | Exchange Rates | Malaysian Ringgit versus US Dollar

Real Estate Investment Malaysia | The ringgit fell 1.3% last week to 3.5615 a dollar, the biggest loss in Asia, data compiled by Bloomberg show. The currency has weakened 14% since August 2014 and reached a five-year low of 3.5987 based on http://www.exchange-rates.org/history/MYR/USD/T today. Reserves declined 7.7% to US116bil(RM413bil) in December from November, Bank Negara reported late Thursday.

The graph below shows historical exchange rates between the Malaysian Ringgit (MYR) and the US Dollar (USD) between 7/17/2014 and 1/13/2015.

According to Bloomberg and quoted by Starbiz from The Star newspaper today, the ringgit fell to the lowest level in more than five years on concern that a protracted slump in crude prices would erode the oil-exporting nation's revenue. Brent crude sank to levels not seen since 2009 on speculation US crude stockpiles would increase exacerbating a global supply glut.

Malaysia may review its 2015 budget to take into account the impact of falling energy costs, according to a report from the official Bernama news agency.

"Oil prices are again lower and some of that seems to be seeping through to the Malaysian ringgit," said Divya Devesh, a foreign-exchange strategist at Standard Chartered Plc in Singapore. "Until we see a stablization in crude oil prices, it's really looking like difficult times for the ringgit."

The currency has fallen in six of the last eight days and lost 9% in the past three months, the worst performance in emerging Asia. For the latest exchange rates by Bank Negara Malaysia(BNM) refer to Ringgit Foreign Exchange Rates .

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

#VulcanInternational could be contacted at +6 016 451 1321 .

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.

You're welcome to write your constructive comment below.

Session Greetings | Merry Christmas & Happy New Year

Merry Christmas & Happy New Year. 

Thank you for your supports. Wishing you a plethora of prosperity in 2015.

From: VULCAN INTERNATIONAL Real Estate Investors Club

BJCC Penang View | The Best Bukit Jambul Bungalow Has For Sale

Bukit Jambul Bungalow cum Holiday Homestay Penang @ Bukit Jambul is for sale. It's a three storey bungalow features a private balcony which commanded BJCC's Golf Course Penang panoramic view from a distance strategic location. It encompassed land area of 10,000 sq ft and build up of 8,200 sq ft with 11 rooms. 

When it comes to selection by savvy purchaser the asking price tag of RM3,750,000 (USD1,072,848)§ is reasonable having price per square foot(psf) is RM375.00(including land and building cost) which is one of the lowest psf in Bukit Jambul enclaved bungalow neighbourhood and the like of Asia Hill Bungalow.

Distance:

0.8km to Inti International College Penang

1km to Centre For Chemical Biology Of USM (University Science Malaysia)

1.3km to Hotel Equatorial Penang and BJCC (Bukit Jambul Country Club)

2.7km to Vistana Hotel Penang

5.3km to Penang Bridge

7.8km to Penang International Airport

Not far away is Bukit Jambul Hiking Trail which established more than two decades ago to serve avid hikers in south-eastern of Penang island particularly Sungai Dua, Sungai Nibong, Bayan Baru and Relau neighborhoods.

Interested please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 for private viewing | #VulcanInternational

Majestic view of Hotel Equatorial Penang

Bukit Jambul Golf Course panoramic view

The aisle to living room

Night view overseeing Bukit Jambul and Bayan Baru's township picturesque

Guest living room

Office cum discussion room

Penang | Green Garden | Single Storey Semi-Detached House For Sale

Green Garden aka Taman Green Lane is enclaved in Jelutong. It's bordered by Jalan Sir Ibrahim, Jalan Van Praagh, Jalan Hamilton, Jalan Masjid Negeri and Jalan Tan Sri Teh Ewe Lim. Its a residential area with tranquility neighbourhood. 

Nearby schools are Convent Green Lane(CGL), Heng Ee Chinese School and Penang Free School(PFS).

Property Type: Single Storey Semi-Detached House

Location: Behind Convent Green Lane School, Penang

Tenure: Freehold

Land size: 4,500 sq ft

Build-up size: 2,500 sq ft

Bedroom: 4

Bathroom: 2

Private viewing can be arranged. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Malaysia Self Storage Solutions | By Popular Demand On Smaller Storage Space

Year-end is around the corner and is time to do spring cleaning. We've smaller storage box space to cater for your needs and demand.

This new segment is to meet the demand for B2B(Business-to-Business) and B2C(Business-to-Consumer). According to wikipedia, B2B describes as commercial transactions entity between businesses and B2C is transaction done with individual and groups of people,[in this case] they want to have extra storage space under rental basis to keep their belonging in safe, secured storage location that has 24-hour security and covers by insurance.

What's the advantage of having your precious goods to keep with us?

1. A wise adage saying, "Never place all the eggs in one basket." In this instance for B2B it's better to have your archives filing or goods in safekeeping separate from your current operating office. Whether for housekeeping purpose or extension to your current storage or important documents, the self storage is specifically cater for your company. Various sizes of storage boxes that will meet your needs and requirements. With regard to retrieving of your goods, you're allow to do your own handling. Basically when storage box been rented to your company, it'll be assigned under your company use.

2. For B2C, the extra storage space means an extension to your current space that you need to store away your valuable goods. It also could be used as temporary storage during your relocation or shifting when you acquire new home.

3. Best of all, with small premium be paid for insurance your goods is covered.

This new storage box is an extension to Space Rental Box | Secure Self Storage(3S) Concept that was launched previously and exclusively for you in Penang.

Interested in Secure Self Storage(3S) space? Please contact Vulcan Lau, mobile: +6 016 451 1321 for details.