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Saturday, January 17, 2009

The Recession Is Getting Hotter By The Week.

I am sure you have heard about the world recession and how it will affect lots of people who are employed.

There are so many companies retrenching their workers. Some reduces their operating hours by half and some are on the wait and see status.

The worse is yet to come. Just wait after the CNY and see what happen.

My son just came back from a property Sales Seminar (in KL) and all those speakers are preparing for the best time to buy lots of properties when there are more motivated sellers.

Just imagine these people who collect lots of shop houses and suddenly their tenant vacated or close shop?

What about those who bought these shop houses and suddenly they are out of job?

To me, these will be something that might be bright for swiftlet farming.

There will be more suitable shop houses that can be used to operate BHs.

If the owner wanted to sell you should perhaps close a nice deal with them.

Go and meet them and negotiate for a JV to convert the unit into BH.

Before you do that make sure that the shop houses are located at the right locations. Yes below those bird flying path or beside a successful BHs or when you conduct those bird call tests there are thousands responded.

You should also be very careful on the surroundings. Make sure they are not close to residential areas, mosques, churches, schools, airports, public recreational areas, mall and those that will cause lots of complainants.

If the meet the safe requirement you should propose a JV with the owner and go for 50:50 revenue sharing.

This will be a win win situation for both parties.

If you do need all the necessary JV agreements and the knowledge to convert please contact harry 017 755 1318.

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