And AWAY! by Ili Aqilah
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www.ipohecho.com.my FREE COPY IPOH Your Voiceechoecho In The Community Since 2006 April 16 - 30, 2017 PP 14252/10/2012(031136) 30 SEN FOR DELIVERY TO YOUR DOORSTEP – ISSUE ASK YOUR NEWSVENDOR 256 100,000 print readers 1,687,057 online hits in March (verifiable) Living Costs: UP! UP! and AWAY! By Ili Aqilah sk any Malaysian and they will agree that the hike in prices on groceries and GST charges are two primary factors that create hardships in their lives. Before Athe implementation of GST, dining out used to be cheaper but nowadays, some restaurants would even charge GST on each menu item and when the bill comes, pay a further 10 per cent for service. Many now opt to cook at home, buying raw materials such as meat, vegetables and seafood at the market. While this certainly saves money, it is hard to deny how much the prices on groceries have increased over the years. Hence the question remains, with the rising cost of living, how much can we save? Continued on page 2 1001 SIDES OF IPOH nown fondly as the “Town That Tin Built”, Ipoh has its origins from the booming tin outcrops believed to be trade of the 1880s. From a humble beginning Ipoh has transformed into a bustling over 250 million years Kmetropolis bursting at its seams. The town was accorded city status in May 1988 and old. The more popular from thence there was no looking back. ones are the Kek Look Lonely Planet, the world’s largest travel portal, has accredited Ipoh as the 6th most Tong Cave, Tambun Cave preferred destination to visit in Asia. and Sam Poh Tong Cave. The fourth biggest city in Malaysia, Ipoh is famous for its unique limestone caves and Ipoh is noted for its heritage setting. The city’s 45 historical buildings, built during the British colonial era, are a sight to behold. The Ipoh Railway Station, one the biggest, is nicknamed the “Taj Mahal of Malaysia”. The ideal way to experience this nostalgia is by taking a trip, either on foot or on bicycle, along the city’s heritage trail. It will take you through Old Town passing by some historical buildings and sites. And while you feast your eyes, don’t miss out on the exciting range of menus from over 50 hipster cafes dotting the city. With their unique concepts and reasonably-priced food, it is little wonder why Ipoh is regarded as a food haven. Drop by Gerbang Malam (night flea market), Kong Heng Square or Concubine Lane for some creative souvenirs. On weekends, check out Pasar Karat (Memory Lane) for a wide range of collectibles. Then head over to Little India, another shopping paradise, for some more excitement. Lost World of Tambun, a one-of-a-kind water theme park, is filled with natural hot springs. It boasts a sandy beach complete with rolling waves. The park’s mini zoo is the perfect place to view animals endemic to this region. Your visit to Ipoh will not be complete without sipping the now renowned Ipoh white coffee, a traditional beverage with a slight twist. And before leaving don’t forget to buy some Tambun pomelos, the best citrus fruit this side of the world. 2 April 16 - 30, 2017 IPOH ECHO Your Voice In The Community Ringgit’s Drop – Everyone’s Worst Nightmare ccording to Bloomberg Market’s website I would look for the brand I favour, look at the price and reports, on November 2016 the Malaysian then compare. With the bad economy we are facing today, Ringgit value dropped to its lowest since I just settle for cheaper brands. I wouldn’t mind buying in A bulk if it is cheaper,” said Felicia, 35. 1998. There are many reasons that contributed to the drop including the recent U.S. election, where Donald Back in 2015, the Minister for Agriculture and Agro- Trump was elected the 45th president after Barack based Industry, Datuk Seri Ismail Sabri Yaakob advised Obama and also the alleged 1MDB scandal that everyone to consider urban farming due to the increasing involved some top people in the corridors of power. cost of living. In fact, back in March 2014, the government How does the drop in value of the Ringgit affect allocated a RM1 million fund to launch the urban farming grocery items? With the weakened value of the project and received over 5000 participants. The urban Ringgit, there are higher import costs. Retail sectors farming project is about having your own vegetable and such as restaurants, fashion boutiques, furniture stores, herb garden in confined places; fit for those who are living electrical and electronic goods and grocery stores are in small houses or apartments. Growing plants in pots or directly affected. recycled containers would address space constraints. Natasha Gideon Syahirah Sazeli Another option to consider is to plan your finances. Property Take Syahirah Sazeli, 28, for example. While studying as Aside from daily items, property prices also face the a postgrad student at a local university in Ipoh, Syahirah same issues, if not in a worse way. The prices can’t go up so high because the majority makes sure that everyday, she does not spent more than RM15 on meals. buyers are locals who are struggling with limited disposable income. While interested “Although my scholarship has helped me, I also work as a part-time teacher at a local property buyers are looking for affordable housing, say RM400k, developers are tuition centre. I don’t earn much, so I have to make sure that I get my finances in control. mainly pushing out properties worth RM500k to RM700k. I rarely go to fancy places for dining nor would I buy new clothes. I always go for cheaper “It is affecting the market. Banks are tightening their loans so property sales are meals and frankly, I prefer buying clothes at ‘bundles’ shops because most of the items slower. However, buyers should take advantage of the purchasing power they have now. are not only in good condition but also cheaper. Why would I spend more when I can go Do your research and go for developer packages as they have rebates and freebies. It is for less?” added Syahirah. definitely better to buy now because once the economy goes back to being slightly more stable, you will miss out on all these deals and such,” said Natasha Gideon, 27, a real Is Ipoh Still a Cheap City to Live in? estate negotiator at Zerin Properties. Although Ipoh isn’t as busy as Kuala Lumpur, the cost of living is definitely getting Natasha added that the dropped value of the Ringgit has different effects for different higher. Food prices aren’t as cheap as it was before and this goes for all kinds of food investors. While some are buying because they have stronger currencies, many are still including signature local dishes such as curry noodles and white coffee. Yong Tau Foo sceptical about the property market. The price hike may not affect local buyers like can cost from 70 sen to RM1 per piece and your favourite kueh can cost 50 sen to 90 sen middle income earners but are affecting commercial properties. per piece. Although there are still shops that retain their prices, it is definitely harder to find them these days. Of course, the food is cheaper compared to Kuala Lumpur but the Same Items, Different Prices price is slowly increasing. The Ministry of Domestic Trade, Cooperatives and Consumerism has listed out 22 goods In terms of the property field, there are still reasonable prices for buyers who are under the Control of Supplies Act 1961. Among items on the list are: sugar, salt, cooking considering purchasing an asset or two. With Uber and GrabCar in Ipoh, hopefully the oil, wheat flour, chicken, diesel oil, petrol motor spirit and motor gasoline of all grades. cost of public transportation will be cheaper. Under this act, retailers must follow the control prices set by the ministry or they may With the bad economy and price hikes, it is definitely getting harder to maintain a have to pay a fine and even face getting jailed. comfortable lifestyle. Involved parties need to work hard to restore the Ringgit value in While nothing much can be done for controlled items, how about items that are not order to lower the cost of living. Until then, there isn’t much that we can do but to earn on the list? Such as rice, condiments, milk and vegetables? A visit to three grocery stores more, save more and be wiser when spending our hard-earned money. in Ipoh showed different stores are selling the same items at different prices. For example, 510g Adabi Oyster sauce is being sold between RM5.90 to RM6.09 and Sunwhite’s 5kg AAA Special Jasmine Fragrance Rice is priced from RM30.99 to RM32.50. The gap between these prices, although not big, can still have negative effects over the long term and since they are not controlled goods, will the price increase more? “My two children are staying with me, so I usually allocate RM50 a week for groceries. Before this, with RM50, I can get my veggies, chicken and fish and still have some balance. But now, RM50 is barely enough to even just buy vegetables,” said Mages Suppamah, 64. Mages, a housewife, buys her groceries daily at the wet market and night market. Mages believes that items at supermarkets could cost more than she can afford. As for former teacher, Hasnizah Jalaluddin, 55, her monthly pension allowance, is now not enough due to the groceries price hike.