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Monday, January 5, 2009

An Affordable Way Of Owning A Birdhouse In Kuala Krai, Kelantan !!!



I have been following closely on the progress of Kuala Krai Eco park. To me this is one of the hottest spot to own a BH in Malaysia.

Once a while I have this special opportunity to meet the project Sales Managers and Assistant.

While getting their input on the project, they have come out with a very cost effective way of owing a birdhouse in Kuala Krai.

The project is based on group ownership where one birdhouse is owned by a total of 150 people.

Each participant is allowed to own a minimum of one share at initial issued value of Ringgit 10,000. They can have as many as they can afford
.

By this method more people who are keen to own a unit but could not afford can form a sort of consortium to own a BH.

The project is meant to create a stream of 61 years sustainable and stable retirement income.

For the first six years the owner will receive a monthly fixed income varying from 4% a year to 10% a year.

On the seventh year onward the actual income shall be based on a quarterly income generated from the nests harvesting. The new income will be based on the total amount of nests harvested less maintenance cost and divided by total number of shareholders. Rough estimate worked out by the Marketing Team is about 61% per year and about 122% per year for the following year (8th year). The 9th year onwards, until year 2069, shall be your mind to guess.

Owners will be allowed to visit the BH to witness the harvesting operation (on the seventh year onwards).

Owners are also allowed to contribute any constructive recommendations to improve the BH nests populations.
Owners will receive a quarterly report on the progress of the BH and how many nests the BH is having.
Owners might be able to view the evening home coming activities via CCTV cameras installed at some strategic locations in the BH.
To those who are not able to witness the harvesting works, they will be able to log on the blog site that describe the activities and happening on the BH.
All shares can be transfered or change ownership upon approval by the company's Management Team. (Mainly to know who will be receiving the monthly payment).

I am very moved with this incredible idea where more people can participate in the scheme and their earning is assured.

Those who need bank facility for a short term loan, the company is working with an international based company. Depending on applicants eligibility, minimum loan of 10,000 can be arranged.

The value of the company's share will escalate base on the number of nests population in the house.

If you need more details and personal advise please call 012 238 2312 (Mr. Shukur) or Harry 017 755 1318