Property

Sale And Purchase Transaction in Malaysia – Part 2/6

Procurement of Desired Loan Amount Bank Negara Malaysia (BNM) had on 3 November 2010 announced the implementation of a maximum loan-to-value (LTV) ratio of 70%, which will be applicable to the third house financing facility taken out by a borrower. Financing facilities for purchase of the first and second homes are not affected and borrowers [...]

Sale And Purchase Transaction in Malaysia – Part 1/6

An Overview Procedure In Relation To The Execution Of Sale And Purchase Agreement (SPA) Remarks: Negotiation of Terms and Conditions of SPA This stage will usually take a considerable amount of time. Respective Solicitors will negotiate on the terms and conditions of the SPA. Each Solicitor will ensure that the interests of their clients are [...]

Budget 2012 Malaysia: My First Home Scheme (Skim Rumah Pertamaku) House Prices Limit Increased to RM400K

Budget 2012 Malaysia brought good news for first home buyer! If you are financially ready for the monthly mortgage installment but have not enough of savings money as downpayment for house, My First Home Scheme or Skim Rumah Pertamaku (SRP) is the best solution! Effective from 1 January 2012, SRP will increase the house prices [...]

Budget 2012 Malaysia – RPGT (Real Property Gains Tax) 10% for First Two Years

In Budget 2012 Malaysia, a new structure of RPGT (real property gains tax) was introduced as following: 1st Year = 10% 2nd Year = 10% 3rd Year = 5% 4th Year = 5% 5th Year = 5% 6th Year = 0% Compare to Budget 2011, the RPGT was fixed at 5% flat rate on the [...]

Beli Rumah Kos Sederhana Pertama Melalui PR1MA (Program Perumahan Rakyat 1 Malaysia) – PR1MA@11 Putrajaya

PR1MA @11 Medium Cost Apartment is the first housing development launched under PR1MA (Program Perumahan Rakyat 1 Malaysia). PR1MA is a government program to promote greater home ownership, especially among the middle-income earners, by providing more affordable residential properties in major cities nationwide. Developer: Putrajaya Holdings Sdn Bhd Location: Presint 11, Putrajaya Total: 560 units [...]

Top 10 Property Developers in Malaysia 2011 Ranked by The Edge

The Edge Malaysia – Property Excellence Awards 2011 Top 10 1. S P Setia Bhd 2. Sime Darby Property Bhd 3. Sunway City Bhd 4. IGB Corp Bhd 5. I & P Group Sdn Bhd 6. IOI Properties Bhd 7. Mah Sing Group Bhd 8. Sunrise Bhd 9. IJM Land Bhd 10. Bandar Raya Developments [...]

What is A Pyramid Scheme?

What is a Pyramid Scheme? We all heard a pyramid scheme with the law of easy profit and flashy salesman, but unfortunately there are always not easy to recognize. Build with top-down business model, a pyramid scheme is an illegal investment scam based on a shaky foundation. The scheme initiated by an individual or a [...]

What is House Flipping?

Flipping is a property investing strategy that involves buying a property and then selling it for a profit within a short period of time. The profit can come from appreciation of the housing market, but it is more common for flipper to improve the property and then try to sell it for higher price. Sam [...]

What is Real Estate Investment?

Investment real estate refers to properties that generate income for a buyer or are purchased with profit in mind, rather than as places for the buyer to live. In most cases, the investor collects lease or rental income from the tenant who lives in the property. The investor can also benefit when the property value [...]

What is Monetary Inflation?

Monetary inflation is the increase in the price of goods and services caused by increases in the supply of money. Let’s look at the tiny nation of Pandora, tidying up all the building, cars, cows, and commodities, Pandora as a nation is worth 1,000 dollars and has 1,000 1-dollar bills in circulation. In Pandora, you [...]