Build Then Sell Concept Vs Sell Then Build Concept In Malaysia Property Development

By Khoo BT

The Malaysia government recently approved the concept of build-then-sell for housing development project. The build-then-sell concept is essentially a 10:90 concept whereby the house purchaser pay 10% of the purchase price first and then pay the remaining 90% of the purchase price upon the completion of the house with certificate of fitness issued.

The conventional sell-then-build require the purchaser to pay 10% of the purchase price upon the signing of the sale & purchase agreement and the remaining 90% is progressively paid to the developer in accordance with term of payment according to stages of construction as stipulated in the sale & purchase agreement. The developers are required to adopt the term of payment approved by the housing ministry for the remaining 90% of the purchase price. The house purchaser can pay the developer by cash or bank loan. In essence, in the sell-then-build, the house buyer part finance the developer in the construction of the project and the financial institution basically lend the money to the individual purchasers.

In the build-then-sell concept, the developers will not get to be financed by the purchasers like in the case of sell-then-build and therefore the developers will have to obtain more financing from the financial institution to finance the project up to the stage of completion.

[youtube]http://www.youtube.com/watch?v=KHDjAID-LBA[/youtube]

In order for the build-then-sell concept to work, the bank will have to play a major role by providing the additional financing up to the stage of completion and this will inevitably increase the risk exposure of the financial institution. The bank normally will prefer to lend to individual purchasers in many smaller parcels instead of lending it all to the developer in one parcel.

Hence, for those companies that has just started to venture into the property development field where they do not have the necessary track record, it will be rather difficult for them to convince the bank to provide them with the financing to do it in the new build-then-sell way.

Fortunately the two concept will be allowed to run parallel otherwise many aspiring up-start developers will not be able to kick start their project.

About the Author: Mr BT Khoo is the webmaster of malaysiaproperty.blogspot.com

Source: isnare.com

Permanent Link: isnare.com/?aid=89194&ca=Real+Estate

Satanism: An interview with Church of Satan High Priest Peter Gilmore

Monday, November 5, 2007

In the 1980’s and the 1990’s there were multiple allegations of sexual abuse of children or non-consenting adults in the context of Satanic rituals that has come to be known as The Satanic Panic. In the United States, the Kern County child abuse cases, McMartin preschool trial and the West Memphis 3 cases garnered worldwide media coverage. One case took place in Jordan, Minnesota, when children made allegations of manufacturing child pornography, ritualistic animal sacrifice, coprophagia, urophagia and infanticide, at which point the Federal Bureau of Investigation was alerted. Twenty-four adults were arrested and charged with acts of sexual abuse, child pornography and other crimes related to satanic ritual abuse; only three went to trial with two acquittals and one conviction. Supreme Court Justice Scalia noted in a discussion of the case, “[t]here is no doubt that some sexual abuse took place in Jordan; but there is no reason to believe it was as widespread as charged,” and cited the repeated, coercive techniques used by the investigators as damaging to the investigation.

One of the most visible Satanic organizations—though one that was never a suspect or charged in any of the Satanic Panic cases—is the Church of Satan, founded by Anton LaVey. Members of the Church, such as Peter H. Gilmore, Peggy Nadramia, Boyd Rice, Adam Parfrey, Diabolos Rex, and musician King Diamond, were active in media appearances to refute allegations of criminal activity and the FBI would later issue an official report debunking the criminal conspiracy theories of this time.

Gilmore feels Satanists are often misunderstood or misrepresented. LaVey’s teachings are based on individualism, self-indulgence, and “eye for an eye” morality, with influence from Friedrich Nietzsche and Ayn Rand; while its rituals and magic draw heavily from occultists such as Aleister Crowley. They do not worship—nor believe in—the Devil or a Christian notion of Satan. The word “Satan” comes from the Hebrew word for “adversary” and originated from the Abrahamic faiths, being traditionally applied to an angel. Church of Satan adherents see themselves as truth-seekers, adversaries and skeptics of the religious world around them.

On a windy October day in Central Park, Wikinews reporter David Shankbone sat down with the High Priest of the Church, Peter H. Gilmore, who has led LaVey’s congregation of Satanists since his passing in 1997 (he became the High Priest in 2001). They discussed the beliefs of the Church, current events, LaVey’s children and how Satanism applies to life and the world.

Contents

  • 1 Theistic Satanism (‘devil worship’)
  • 2 Church of Satan 101
  • 3 On current events and politics
  • 4 Religious and Satanic symbols
  • 5 The Iraq War: A Satanic perspective
  • 6 On New York City
  • 7 Marilyn Manson
  • 8 On the church after Anton LaVey
  • 9 Anton LaVey’s children and estate
  • 10 Sources

Several groups seek to purchase Saturn auto brand

Thursday, May 7, 2009

Penske Automotive Group, Inc., an Ohio-based investment group and Telesto Ventures have indicated separately that they are interested in purchasing the Saturn auto brand from General Motors (GM).

According to The Wall Street Journal, Nissan-Renault is interested in purchasing Saturn. Bloomberg, however, indicated that Nissan-Renault may be a partner of Penske’s potential bid. If Penske acquired the brand, they would distribute Saturn vehicles and outsource the assembly.

GM revealed that the Saturn brand along with Saab and Hummer were up for sale when unveiling their restructuring plans to Congress for governmental loans. While the Pontiac brand was originally to be a niche brand, GM had changed their plans recently and decided to eliminate the brand.

Telesto Ventures is an investment group that includes private equity firm Black Oak Partners LLC of Oklahoma City and several Saturn dealerships. Initially, Telesto will purchase Saturn branded cars from GM then act as a general retailer for foreign brands. Telesto is in talks with several foreign manufacturers.

The Ohio group includes many former senior auto company managers plus private financial backers, chemists and engineers who live in Michigan, Ohio, Indiana and Florida. This group plans to initially purchase cars from GM then purchase existing but closed plants due to automaker restructuring. Additionally, one of the partners indicated a willingness to accept some “legacy” cost in relation to the United Auto Workers. The Ohio group is also pursuing possible loans or other support from national and state governments.

GM is reviewing several offers for Saturn. GM has contracted with S.J. Girsky & Co. to advise them on the sale.

Euro reaches one-year low against US dollar

Wednesday, May 5, 2010

The euro fell to a one-year low against the US dollar earlier yesterday, over fears that the bailout package proposed for the ailing Greek economy would not prevent financial troubles elsewhere in Europe.

The currency reached $1.3088 against the dollar — a level not seen since April of last year — although it recovered slightly to end the day at $1.3094. However, that was still lower than the $1.3212 it traded for on Monday. The euro also lost 1.6% against the yen, to a trading level of Y122.81, and 0.3% on the pound, going down to £0.8632.

The euro is losing strength as the Eurozone is struggling to prevent the Greek economy from defaulting on debts; a rescue loan package worth 110 billion euros (US$145.62 billion) is currently underway to help ease the crisis. Michael Hewson, who is a currency analyst for CMC Markets, commented that the euro probably will “continue to remain under pressure over the coming days.”

The Way To Level Up Your Wow Profession

The Way To Level Up Your WOW Profession

by

Leonie Luo

When you have played in Warcraft, you surely know the artwork of power leveling. The higher you stage go the more gold you make. There are various professions you can choose from amongst people. You can choose two primary professions and several secondary professions. You must level up your professions before they make money for you. You can change your profession in the form of leveling up. We now have included the popular profession leveling strategies here. You can follow the strategies under.

Alchemy: If you have tried out the alchemy profession, you should know that the best combination is with herbalism. If you can combine alchemy and herbalism, it will be possible to level up fast and prepare tons of gold. Herbalism can save a lot of gold by providing the actual materials needed by alchemy. The potions you created can be sold for WOW gold inside the auction house. If you have absolutely no herbalism profession, you will spend money to purchase materials.

Blacksmithing: This can be a kind of crafting profession. This profession can be combined with mining occupation. Mining profession can provide the ores required by blacksmithing. If you can combine both of these professions, they can be leveled very easily. Spend less money in the auction house.

[youtube]http://www.youtube.com/watch?v=hxRif1_JGqY[/youtube]

Enchanting: In case you have read any Wow profession leveling guide, you should know that this profession can be combined with tailoring. It is possible to disenchant most cloths if you need to level up this profession. Tailoring and enchanting can be leveled concurrently. It can be combined with other gathering or crafting occupations.

Engineering: This profession may be combined with mining. It is possible to save a lot of when you level up those two professions.

Jewelcrafting: You can buy cheap power leveling for jewelcrafting. If you have no mining career, you have to spend a lot regarding gold to buy the materials needed with profession. If you have the components, you can craft them and then sell them in the auction house. You simply place them in the auction house and also wait for the customers. The majority of the players would create an alt character to sell items.

Fishing: If you want to level up this occupation, you should be patient. It requires time to build your level up. You can get experience points for each fish you catch. The maximum degree of fishing is level 525. You can level up from level one to degree 525.

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or farm them, we provides both ideas and reviews. Would you prefer to get

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US unemployment rate reaches 9.8%

Friday, October 2, 2009

Companies in the United States are shedding more jobs, pushing the country’s unemployment rate to a 26-year high of 9.8%.

The US Labor Department said on Friday that employers cut 263,000 jobs in September, with companies in the service industries — including banks, restaurants and retailers — hit especially hard. This is the 21st consecutive month of job losses in the country.

The United States has now lost 7.2 million jobs since the recession officially began in December 2007. The new data has sparked fears that unemployment could threaten an economic recovery. Top US officials have warned that any recovery would be slow and uneven, and some have predicted the unemployment rate will top 10% before the situation improves.

“Continued household deleveraging and rising unemployment may weigh more on consumption than forecast, and accelerating corporate and commercial property defaults could slow the improvement in financial conditions,” read a report by the International Monetary Fund’s World Economic Outlook, predicting that unemployment will average 10.1% by next year and not go back down to five percent until 2014.

Mark Zandi, chief economist at Moody’s Economy.com, said that “it’s a very fragile and tentative recovery. Policy makers need to do more.”

“The number came in weaker than expected. We saw a lot of artificial involvement by the government to prop up the markets, and now that that is starting to end, the private sector isn’t yet showing signs of life,” said Kevin Caron, a market strategist for Stifel, Nicolaus & Co.

Also on Thursday, the US Commerce Department said factory orders fell for the first time in five months, dropping eight-tenths of a percent in August. Orders for durable goods — items intended to last several years (including everything from appliances to airliners) — fell 2.6%, the largest drop since January of this year.

The US government has been spending billions of dollars — part of a $787 billion stimulus package — to help spark economic growth. There have been some signs the economy is improving.

The Commerce Department said on Thursday that spending on home construction jumped in August for its biggest increase in 16 years. A real estate trade group, the National Association of Realtors, said pending sales of previously owned homes rose more than 12 percent in August, compared to August 2008.

A separate Commerce Department report said that consumer spending, which accounts for more than two-thirds of US economic activity, rose at its fastest pace in nearly eight years, jumping 1.3 percent in August.

Other reports have provided cause for concern. A banking industry trade group said Thursday the number of US consumers making late payments, or failing to make payments, on loans and credit cards is on the rise. A survey by a business group, the Institute for Supply Management, Thursday showed US manufacturing grew in September, but at a slower pace than in August when manufacturing increased for the first time in a year and a half.

Stock markets reacted negatively to the reports. The Dow Jones Industrial Average fell 41 points in early trading, reaching a level of 9467. This follows a drop of 203 points on Thursday, its largest loss in a single day since July. The London FTSE index fell 55 points, or 1.1%, to reach 4993 points by 15.00 local time.

Hser Nar Moo, missing Utah girl, found dead

Wednesday, April 2, 2008

Seven year old Hser Nar Moo, who went missing from her home in South Salt Lake, Utah Tuesday, has been found dead less than 100 feet from her home.

South Salt Lake Police Chief Chris Snyder said at a news conference, “Once inside the apartment, they observed some evidence that led them to the bathroom of the apartment, where they discovered the body of Hser Nay Moo.”

It has not been made public how the girl died. “There is some trauma present, and that’s all I’m going to say,” Snyder said.

As of Wednesday morning, police have five men in custody for questioning. Witnesses say that four of them are Burmese immigrants living in the same apartment complex as the child’s family.

Nar Moo was last seen alive at her home on Monday at around 2:00 PM MDT (UTC-6), and was reported missing at around 6:30 PM. An AMBER alert was issued at 9:42 AM yesterday, before her body was found in the bathroom of a neighbor.

The seven year old Asian girl was described as being 3 feet 8 inches tall, weighing about 45 lbs, with brown eyes and long black hair. She was wearing a pink dress to her knees and pink Croc shoes at the time when she went missing.

Police reported that she spoke very little English, though she did understand some. It is believed her family is from Burma.

The AMBER Alert issued yesterday is no longer active because of the discovery of the body.

Ten-ton ice cube melting in Seattle park

Saturday, September 10, 2016

A cube of ice, weighing about ten tons (about 9000 kg) and measuring 80 inches (2m) per side, is melting in Seattle, Washington’s Occidental Park. The temporary art installation, set up yesterday morning, “showcases the stages of the natural water cycle as the ice shifts from opaque to translucent”, the artists said.

The project is part of the Seattle Design Festival, and was designed by Olson Kundig Architects’ Clay Anderson, Noah Conlay, Jarri Hasnain, Gregory Nakata, and Mark Olthoff. Crews began assembling blocks yesterday morning and had stacked all 64 blocks in place by 8:00 am.

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The cube drew tourists, workers at lunch, and photographers. Image: Dennis Bratland

The cube drew tourists, workers at lunch, and photographers. Image: Dennis Bratland

The cube drew tourists, workers at lunch, and photographers. Image: Dennis Bratland

It is not certain how long the 64 blocks of ice that make up the cube will take to melt, and discovering how the process unfolds is part of the intent. Olson Kundig contacted University of Washington meteorologist Cliff Mass to try to estimate the time it would take to melt, which Mass called “not a trivial calculation”. He said the variables included how much sun warms the block, in turn dependent on cloud cover; condensation on the block’s surface, thus variables like humidity, temperature, and wind; and heat conduction, both from the ground and from the surrounding air.

The installation inspired photographers at The Seattle Times, and under the hashtag #ok_icecube at Instagram and Twitter.

‘Outraged’ LaHood unveils plans to tackle fatigued U.S. air traffic controllers

Sunday, April 17, 2011

I don’t know when I’ve ever been madder. I’m outraged about this.

United States officials have unveiled new plans which require air traffic controllers to have longer rest periods between shifts after a spate of controllers fell asleep while on duty at airports across the country. Announcing the plans, transport secretary Ray LaHood said he was “outraged” by the incidents.

The new plans, which the Federal Aviation Administration (FAA), the U.S. government agency responsible for aviation, said would be implemented immediately, come after another controller was suspended this week when they fell asleep while directing aircraft near Miami. The incident was the sixth this year; controllers have fallen asleep in Nevada, Washington D.C., and Tennessee. In one incident, two commercial passenger jets landed without any direction from the control tower because the controller on duty had fallen asleep.

LaHood said controllers would be required to have a minimum of nine hours rest between shifts, an increase of an hour, and more supervisors would be required during night shifts, and they will be restricted in what shifts they can swap with colleagues. “I don’t know when I’ve ever been madder,” LaHood said in a television interview on Fox News Sunday. “We’re not going to stand by and let that happen.”

“We’ve taken steps, as of this morning, to begin changing schedules for controllers, to change schedules for managers, and to make sure that controllers cannot switch in and out of their schedules in order for the convenience of them if they are not well-rested,” LaHood said. He vowed that he would ensure any controllers falling asleep on duty would face consequences. “On my watch, controllers will not be paid to take naps,” he said. “We’re not going to allow that.”

Earlier this week, Hank Krakowski, the head of air traffic organization at the FAA, resigned from his position after LaHood said the crisis in U.S. control towers was “unacceptable”, and vowed to resolve the issue. “I am totally outraged by these incidents,” LaHood said. “This is absolutely unacceptable. The American public trusts us to run a safe system.”

The results of a study on how fatigue affects controllers will soon be published and the FAA may make changes. But LaHood insisted controllers had to “take personal responsibility” for the safety of aircraft over the U.S., and they should not make irresponsible shift changes which will make them tired and put passengers at risk. He said all the controllers involved in the incidents had been suspended, and could ultimately be sacked. The National Air Traffic Controllers Association, a labor union representing controllers in the U.S., said the FAA had their “full support” in implementing the new steps to tackle fatigue.

Colleges offering admission to displaced New Orleans graduate students

See the discussion page for instructions on adding schools to this list.Tuesday, September 13, 2005

NAICU has created a list of colleges and universities accepting and/or offering assistance to displace faculty members. [1]Wednesday, September 7, 2005

This list is taken from Colleges offering admission to displaced New Orleans students, and is intended to make searching easier for faculty, graduate, and professional students.

In addition to the list below, the Association of American Law Schools has compiled a list of law schools offering assistance to displaced students. [2] As conditions vary by college, interested parties should contact the Office of Admissions at the school in question for specific requirements and up-to-date details.

The Association of American Medical Colleges is coordinating alternatives for medical students and residents displaced by Hurricane Katrina. [3]

ResCross.net is acting as a central interactive hub for establishing research support in times of emergency. With so many scientists affected by Hurricane Katrina, ResCross is currently focused on providing information to identify sources of emergency support as quickly as possible. [4]

With so many scientists affected by Hurricane Katrina, ResCross is currently focused on providing information to identify sources of emergency support as quickly as possible.

Physics undergraduates, grad students, faculty and high school teachers can be matched up with housing and jobs at universities, schools and industry. [5] From the American Association of Physics Teachers, the Society of Physics Students, the American Institute of Physics and the American Physical Society.

If you are seeking or providing assistance, please use this site to find information on research support, available lab space/supplies, resources, guidelines and most importantly to communicate with fellow researchers.

The following is a partial list, sorted by location.

Alabama |Alaska |Arizona |Arkansas |California |Colorado |Connecticut |Delaware |District of Columbia |Florida |Georgia |Hawaii |Idaho |Illinois |Indiana |Iowa |Kansas |Kentucky |Louisiana |Maine |Maryland |Massachusetts |Michigan |Minnesota |Mississippi |Missouri |Montana |Nebraska |Nevada |New Hampshire |New Jersey |New Mexico |New York |North Carolina |North Dakota |Ohio |Oklahoma |Oregon |Pennsylvania |Rhode Island |South Carolina |South Dakota |Tennessee |Texas |Utah |Vermont |Virginia |Washington |West Virginia |Wisconsin |Wyoming |Canada