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5 GAME-CHANGERS FOR REAL ESTATE IN 2018

Ishan seefromthesky 118580

Towards the close of the year, it makes sense for us to evaluate the state of our property market going into 2018. If you’ve been paying attention to the news, the outlook may seem dire. There’s a ...

Towards the close of the year, it makes sense for us to evaluate the state of our property market going into 2018. If you’ve been paying attention to the news, the outlook may seem dire. There’s a clear imbalance between what’s available and what consumers can afford and this disparity has had quite the negative impact on real estate. But that doesn’t necessarily mean it’s all over for developers and buyers. It may just mean that you have to look in places that you never thought to before for next year, like the relatively virgin Sarawak market.#5 The Government Freeze on Certain PropertiesSource: Architizer for PinterestTo address a housing surplus in a market where buyers are unable to afford property, the government is placing an indefinite halt upon the production of new luxury properties. Right now, there is an excess of luxury condos and commercial projects like shopping malls and service apartments. Until demand begins to meet supply once more, the government will urge the development of affordable housing in the coming year. However, the ban doesn’t appear to be universal across the board. According to Works Minister Fadillah Yusof, projects will all be assessed on a case-by-case basis and the ban will only be applied in specific cases. His words seem to further muddy the waters for developers like Sime Darby, who are interested in further clarification on what this means for them going forward.#4 The Rise of Affordable Housing StockSource: Durian PropertyIf luxury and commercial properties will experience a freeze in the coming year, affordable housing will experience the opposite. Supply will be encouraged in the affordable housing segments such as RUMAWIP, PR1MA, Rumah Selangorku and PPA1M. With the wide array of options, it is easy to get confused on who qualifies for what, so check out our guide to affordable housing in this article. Private developers are also increasingly focused on this segment as buyers are qualifying less and less for tightening housing loans from banks. However, most of these " affordably-priced" commodities are categorised as service apartments to take advantage of the commercial-titled densities, which is also now restricted by the freeze. Therefore, expect private supply to move to other non-frozen states, if there are any.#3 Rentals as the new housing normWith consumers less qualified to take out loans to buy their own property, it makes total sense that 2018 will see a surge in rentals. Quite aside from dwindling finances and rising property prices, the government is now giving consumers new initiative to rent instead of buy. According to our Budget 2018, there will be increased focus on boosting the rental market. Among the measures implemented was a 50% tax exemption on rental income for residential properties up to RM 2,000.#2 RM 1 Million Noose Possibly Lifted in JohorSource: Rahim & CoBecause of the influx of foreigners into the peninsula’s southernmost state, Johor has been trying to subvert any kind of obstacle to overseas investment. So it has been petitioning for a review for the RM 1 Million restriction for foreigners who want to buy property that was put into effect in March 2014. The state is trying to redraft the limitations to find a workable formula for housing projects specifically for foreign buyers. So if you’re an expat who’d like to invest in Malaysia, watch this space.#1 The Grass May Be Greener Out East In BorneoSource: Gariey SiaWhile the property market is likely to languish here in the peninsula, Borneo may be experiencing the growth everyone wishes they could. Kota Padawan and its surrounding areas are said to be the fastest-growing areas in the state of Sarawak in terms of housing and landed properties. There are many reasons for this. Land is neither too cheap nor too expensive there and its location is neither close nor far from urban areas. Furthermore, because this is a relatively small market, developers will have less competition and will have to take fewer risks. As Goldilocks would say, it’s all just right.  

7 UNFORGETTABLE TIMES CITY COUNCIL GOT SUED

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We’re all drawn to stories of feisty underdogs sticking it to the establishment and in the capital, people really like to hear about the times someone said no to city council. There are few who hav...

We’re all drawn to stories of feisty underdogs sticking it to the establishment and in the capital, people really like to hear about the times someone said no to city council. There are few who haven’t become intimately acquainted with city hall and its uncomfortable degree of say over our everyday lives. Often, there’s very little one can do about extortionate parking tickets or neighbourhood institutions being demolished for cold hard cash. All the same, people are encouraged and inspired when others try despite the odds. Here are 5 instances of times spunky citizens fought the law, even if the law won.#7 A developer sues MBPJ over a valuation listSource: iPropertyWhen they opened their new residence in Section 14 in 2007, developers were aghast to find that MBPJ was using a previous valuation list for undeveloped land on their property. MBPJ had started issuing Notices of Amendment to the 2006 valuation list even before strata titles were awarded. Furthermore, the notices were given to the individual owners between Nov 25 to 27 in 2006, barely giving them enough time to write letters of objection before the Dec 5 due date. So they took council to court and stipulated that council needed to draw up a fresh valuation list for their brand-new property and advertise it to future residents. That way, it would be clear how they came up with the figures they did and it would allow the residents ample time to challenge them if they had the desire to.#6 A billboard operator threatens to sue MBPJ over a contract gone wrongSource: The Star OnlineA major billboard operator became extremely displeased with MBPJ after it didn't follow through with a contract worth RM 379 Million in 2007. After paying MBPJ a sum of money, the company expected to be allowed to privatise billboard operations in Petaling Jaya. Unfortunately, the contract documents were somehow leaked to the public, drawing great ire from residents. Worse still, MBPJ denied ever having intentions to privatise billboard operations in the area under its jurisdiction. Apparently, what really happened was that certain MBPJ members were conducting the deals behind closed doors, leaving no written documentation of their transactions. Enraged, the billboard operator threatened MBPJ with a lawsuit for damages  #5 Taman Desa residents sue DBKL over an oversized condoSource: Malay Mail OnlineThe mayor of Kuala Lumpur ran afoul of residents in Taman Desa when he granted permission for a new condominium three or four times higher than the area’s average. Quite aside from the obvious concerns over congestion, they were also disgruntled that the project was to be built on Tenaga Nasional land that was never meant for residential purposes. The final straw came when they discovered that DBKL had given planning permission online instead of as a direct response to multiple inquiries. In response, they filed a lawsuit on March 13 and are now waiting for a hearing date to be decided.#4 TTDI residents sue DBKL over the development of Taman Rimba KiaraSource: The Star OnlineTaman Tun Doktor Ismail (TTDI) residents had similar bones to pick with DBKL over a planned development in Taman Rimba Kiara. DBKL authorised developers to build eight blocks of high-end service apartments 42-54 feet high, low-cost housing, a flyover and a six-lane highway. Ever since the project went public, residents have raised hue and cry against it, going as far as to file a lawsuit against the mayor. However, their ire doesn’t seem to have phased DBKL, who gave the developer the go-ahead to build a showroom amidst the courtroom drama.  #3 Datuk Syed Ahmad Jamal sued DBKL in the name of ArtSource: The Star OnlineIf there’s one way to get on the bad side of an artist, mess with his work. DBKL did exactly that in 2010 when it altered celebrated artist Datuk Syed Ahmad Jamal’s ceramic glass sculpture Lunar Peaks (Puncak Pernama) to stainless steel without his consent. The material change directly violated the Copyright Act, which states that an artwork must be kept exactly as it was received. The sculptor used that as his basis to take DBKL on in court and was awarded RM 750,000 for his troubles. It was a rare victory for Malaysian cultural heritage, which is all too often shunted aside in the name of relentless progress. Unfortunately, Datuk Syed’s crusade ended up not being able to save the artwork, as DBKL proceeded with its demolition after his death. Its reasons? It wanted to improve a “lifeless” landscape.#2 Developers sued DBKL over a 101-year old templeSource: Says In 2013, the Sri Kaliamman Muniswarar Temple stood in the way of a walkway, a DBKL requirement for a 30-storey building developers were constructing next door. The developers offered to relocate the temple to Sepang, but its custodians turned down their offer on the basis that the existing building was a cultural cornerstone. After all, it had been around since 1911 and was the only temple in KL’s Golden Triangle. After a year’s worth of negotiations, the developers finally sued DBKL, who responded by putting an eviction notice on the temple. It was then subsequently demolished in part in September and in full later in November, a week after Deepavali.#1 Bandar Tun Razak residents sued DBKL over a football fieldSource: The Star OnlineYet again, DBKL clashed with locals over repurposing land it allegedly had no right to. In April 2016, it sold off a beloved football field in Bandar Tun Razak to developers. They intended to build a 41-storey apartment block upon the 2.098 ha field, which had been gazetted as reserve land. Furious locals were rebuffed by DBKL when they appealed the decision, so they lodged a complaint with MACC over city hall’s “misdeeds”. However, the project is still going strong despite the residents’ protests. DBKL has replaced the football field with a new one half its size and several times the price. Locals were less than satisfied with this substitute for the green space that served its neighbourhood for 40 years.

5 HISTORIC RESTAURANTS IN GREATER KL

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Malaysians are a food-loving nation, so we definitely exalt our favourite restaurants to cult status. But nostalgia hits you no matter where you’re from and when it’s combined with good food, Malay...

Malaysians are a food-loving nation, so we definitely exalt our favourite restaurants to cult status. But nostalgia hits you no matter where you’re from and when it’s combined with good food, Malaysians can scarcely resist. We’ve picked five restaurants in the Greater KL area that have withstood the test of time, becoming recognised both for their delicious fare and the many memories we’ve made with them over the decades.  #1 Sek Yuen in PuduSource: iPickFor a restaurant that’s been around since pre-Merdeka days, Sek Yuen has remained remarkably consistent. Founded in 1948, it was known as a swanky choice for diners to host big events like weddings and graduations and the black and white photos on the wall are a showcase to its lengthy career. Although it’s no longer quite the prestigious establishment it once was, diners are still flocking in to savour the dishes it has always been known for: its famous cold appetiser and steamed village chicken. Even payment dates back to the days before independence. Instead of hearing the keys of a calculator, you’ll hear the clack of an abacus as the owner counts out what you owe.#2 Coliseum Cafe on Jalan Tunku Abdul RahmanSource: The Star OnlineIf you thought Sek Yuen was old and venerable, wait till you find out about Coliseum Cafe. Established in 1921, this nostalgic cafe is now close to a century old, dating back to the halcyon days of British colonialism. Started by enterprising Hainanese businessmen, Coliseum has played host to a great many chapters in our country’s history. European civil servants and plantation owners would hang up their hats, coats and even rifles here to relax and to strategise against Communist insurgents. Today, it still sees a large and varied crowd of tourists and locals come through its doors to enjoy the trappings of a bygone era.#3 Old China Cafe in ChinatownSource: Old China CafeSpeaking of historical cafes, it would only be right to include one that honours one of Malaysia’s foundational cultures: the Peranakan. Devoted to celebrating the Straits Chinese, Old China Cafe cites the early Chinese settlers of Kuala Lumpur as an influence. The building itself was an important one to this community, having been the guild hall for the Selangor and Federal Territory Laundry Association that moved into Chinatown in the 20’s. Amidst a decor that incorporates traditional feng shui principles, diners can savour Nyonya specialties like mee siam and ikan asam.#4 Chocha Foodstore on Petaling StreetSource: Eat Drink KLRazing down heritage buildings to make way for new developments seems to be a national pastime, one Chocha’s owner Shin Chang was determined to discourage. He set up a cafe in a former brothel on Merchant’s Lane, leaving many of the building’s original features in place and incorporating a beautiful, leafy courtyard. The result was a beautiful, Instagram-worthy spot that perfectly marries the best of old and new KL. The food is nothing to scoff at either. Chocha means “sit and eat” in Hakka and after you try its contemporary take on Chinese food, you’ll want to.#5 The Ship on Jalan Sultan IsmailSource: Time OutWhen Foo Hee Hoon started The Ship three generations ago, it was a tricky time to sell Western food to locals. The country was then newly independent and people were keen to shed remnants of the recent colonial past by returning to Asianness. However, whether it was with its nautical decor or the excellent steaks, The Ship managed to win itself those tough customers and is going strong to this day. As one of the world’s foodie cultures, we’re helpless against the pull of good eats, no matter where they happen to be from.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

STAMP DUTY: THE HIDDEN PROPERTY EXPENSE YOU NEVER KNEW ABOUT

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Buying property is not simply about paying for what it’s worth and going your merry way. There are a whole host of additional documents and fees that need to be taken into account before a purchase...

Buying property is not simply about paying for what it’s worth and going your merry way. There are a whole host of additional documents and fees that need to be taken into account before a purchase is approved and among the most important of these is the stamp duty. This is part and parcel of ensuring that every property purchase you make is legitimate in the eyes of the law, so we’ve decided to familiarise you with this concept and to help you figure out just how much this will cost you.First, let’s get to know some termsEssentially, a stamp duty is a tax levied upon the documents involved in the purchase of a property, the Sales & Purchase Agreement (SPA) and Memorandum of Transfer (MOT). You’ll have to pay stamp duty on both of these, so it will be good to get acquainted with these terms.SPA - The SPA is a contract that binds both buyer and seller to the sale of a property. This document outlines the exact terms of a purchase like the agreed price, payment manner, property details, loans and other such arrangements. The stamp duty on the SPA is RM10.MOT - The Memorandum of Transfer is a document that is submitted to the Land Office to officiate the transfer of property from buyer to seller. The stamp duty you pay for the MOT depends on how much you purchased the property for.But wait, there’s more. If you’re taking out a loan to fund your purchase, you’ll also have to pay stamp duty on your loan agreement as well.How do we calculate stamp duty?The amount of stamp duty you have to pay will depend on the market value of the property or its actual selling price, whichever is higher. Next, you will need to use these percentage guidelines to calculate how much your total stamp duty will be for your MOT.- 1% of the first RM100,000- 2% of the next RM400,000- 3% of the amount left over after RM500,000 is subtracted from the total.To illustrate, we’ve prepared a table to show you what this would look like if you bought a property costing RM700,000Similarly, there are scales for tallying up exactly how much you’ll have to pay for stamp duty on your loan agreement and for the SPA and loan legal fees.SPA Legal Fees - The fees you’ll pay the solicitor who will prepare your SPA.Loan Legal Fees - The fees you’ll pay for legal counsel on a loanTo streamline the process, there are many online calculators you can make use of to divvy up just how much a home purchase, stamp duty and legal fees will add up to. Try Property Pricetag’s very own.What terms and conditions must be met?There are some time restrictions for when your documents should be stamped. If the SPA and loan agreement are executed in Malaysia, they must be stamped 30 days after their execution. If they are executed abroad, they must be stamped within 30 days after they are first received in the country.Your MOT must also be sent to the stamp office, where it is determined whether the stamp duty is eventually based off the property’s market price or its selling price. After this has been decided, you have 30 days to stamp your MOT. If you aren’t happy with the stamp office’s assessment, you have 30 days to protest it from the date of its execution. Regardless of the outcome of your objection, you’ll still have to pay the original stamp duty assigned to you and may only recover the excess paid if the Collector of Stamp Duties approves your petition.Are there penalties for not paying stamp duty?Yes, indeed there are. Should you neglect to submit your stamp duty payments in a timely manner, you’ll have to pay the following in addition to the sums you already owe:- RM25 or 5% of the duty if it’s stamped within 3 months after it should have been.- RM50 or 10% of the duty if it’s stamped between 3-6 months after it should have been.- RM100 or 20% of the duty if it’s stamped later than 6 months after it should have beenShould you not stamp your documents at all, you’ll have a tough time convincing the court to accept them as evidence. Remember to stamp and pay outstanding fees before ever letting these see the light of day.ConclusionWith this short, accessible guide, we hope that the perplexing world of stamp duty has been broken down for you into digestible pieces. Malaysian real estate and its numerous clauses can be a gauntlet for any beginner, so arming yourself with the right knowledge is the first step to taking it on.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

10 SIGNS YOUR TENANT WILL BE A NIGHTMARE

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While the bad landlord has become a bit of a cartoon villain, we pay far less attention to the equally damaging bad tenant. Any kind of transaction goes both ways and a tenancy gone foul is not alw...

While the bad landlord has become a bit of a cartoon villain, we pay far less attention to the equally damaging bad tenant. Any kind of transaction goes both ways and a tenancy gone foul is not always the fault of a hardened slumlord. So we’ve decided to lend a little helping hand to the wronged propriety owner. Here’s how to spot and exterminate a rent-dodging roach before he sets up shop in your property.#1 THEY DON'T WANT TO COMPLETE A RENTAL APPLICATIONThis is one of the brightest of red flags. Any successful tenancy is dependent on all parties complying with the rules. If he doesn’t want to deal with a basic lease, this is a loud warning to stay away. Why would the tenant not want his information down unless he had something to hide? Our advice would be to kindly but firmly insist that every tenant goes through the same processes, regardless of who they are or what their circumstances may be. A standardised process for everyone is a good way to put everything on the table and weed out the bad apples..#2 THEY BRING A LARGE NUMBER OF PEOPLE TO THE VIEWINGSource: Pop KeyYou were sure that you were renting to two people at most, so why are there five coming to view the apartment? You’ve got to be careful of tenants who aren’t upfront about exactly how many people are meant to live in the property. The more tenants there are, the harder it will be to keep tabs on damage done on the property. If you see more viewers than you anticipated, ask to be introduced to everyone and clarify exactly who intends to live there. If it’s anymore that the number of occupants your property can handle, we suggest you bail.#3 THEY'VE MOVED TOO MANY TIMESSource: GiphyIf your future tenant is almost never satisfied with his home, there’s very little chance he’s going to be happy with what you’re giving him. Either that or there’s something he’s doing to tick off a whole list of past landlords, one of whom may soon be you. So if you see him shifting houses more frequently than the average hermit crab, start asking questions. Same goes for if you notice multiple addresses under his name.#4 THEY'RE CHANGED JOBS TOO MANY TIMESIf your tenant is equally restless at his places of employment, this does not bode well for you. His lack of a secure means of income means that his ability to pay rent in a timely manner is iffy. Always be sure to question excessive job changes and ask how the tenant has other means of securing income. We suggest you don’t proceed if the tenant is in any way unclear about how they make ends meet.#5 THEY ARE IN A GREAT HURRY TO RENTSource: TenorIf the tenant cares less about the state of the home than the fact that it is a home, get your guard up. Anyone who is too keen to move in is trying to escape some baggage and it’s in your best interest to figure out what it is. So if any prospective tenant wants to rush the move-in date to next month, or God forbid, next week, don’t let their haste rush you into an agreement you’ll regret. Thanks to your willingness to accommodate, you may unwittingly become part of someone’s storied past.#6 THEY OFFER YOUR MONEY TO BYPASS PROCESSESSource: Turker NationAnyone who waves a lump sum in your face to skip the usual rental steps should set your alarm bells off. It never speaks well of someone when they think they can bribe you into giving them special treatment and you’ll feel the pain of this realisation later on. Even if the money is enough to cover a few months rent, you have to wonder what will happen after those few months are up. We’d urge you never to accept a lump sum instead of a lease, especially if it’s paid in cash.#7 ALL THE PAYMENTS ARE IN CASHSource: MyPFEven if it’s not a lump sum, never accept rent or a deposit in cash. You’ll never have a record of renting out or receiving payment and you’ll always be wondering why that is. Are they planning on vacating the premises at their convenience? Or perhaps passing the rental off to someone else midway? You’ll have no way of knowing and no way of proving that you had any prior agreement with this tenant at all.#8 THEY HAVE A POOR CREDIT SCOREWe know checking a tenant’s credit isn’t as widespread a practice here as it is in, say, America. But it’s certainly catching on and for very good reason. It’s a reliable way of making sure his finances are in order and that he doesn’t have any outstanding debt to his name. It’s also a good way of ensuring that anyone with no history of renting is an upstanding character. In order to understand what good credit score is and how to go about checking for it, check out this informative Star Online article.#9 THEY CAN'T AGREE WITH ANY OF YOUR TERMSIt’s one thing to have a few things to negotiate. But your future tenant should not be fighting you every step of the way either. It’s generally a bad sign for any partnership when the other person has a problem with the way you do things. It’s also indicative of a tenant who has trouble respecting the rules. We don’t think that we need to spell out why that is an issue.#10 THEY MAKE A BAD FIRST IMPRESSIONUltimately, the only people who will be present at your meeting are you and the prospective tenant. Therefore, we would urge you to trust your own judgment about anyone who comes to view your property. Does their shabby appearance suggest that all is not well with their finances? Do they come across as particularly high-handed or demanding? Do they seem not all there in person (read high or drunk)? At the end of the day, we think it’s a bad idea to rent to anyone you don’t like. Trust us, you’ll be dodging more than just the displeasure of their company.  To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

PELABURAN PENGINAPAN PELAJAR VS PEJABAT STRATA

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Berminat dalam pelaburan hartanah? Dengan pelbagai pilihan di pasaran, anda mungkin yang berkeliru tentang pelaburan yang sesuai dengan kehendak masing-masing. Ramai yang menyarankan pejabat strata...

Berminat dalam pelaburan hartanah? Dengan pelbagai pilihan di pasaran, anda mungkin yang berkeliru tentang pelaburan yang sesuai dengan kehendak masing-masing. Ramai yang menyarankan pejabat strata status MSC, yang mungkin boleh menawarkan sewa yang lebih tinggi. Ada juga yang rekomen pelaburan kediaman yang sesuai sebagai penginapan pelajar.  Keliru dah? Pertimbangkanlah analisis PropertyPricetag.com berikut sebelum membuat pelaburan anda.PUSINGAN PERTAMA: KOS PENDAHULUANKos tunai merupakan halangan pertama yang menentukan kemampuan pelabur.Penginapan pelajar yang dijual sebagai unit kediaman di bawah HDA (Housing Development Act) biasanya memerlukan kos pendahuluan yang rendah. Bayaran pendahuluan adalah hanya 10% bagi pembelian pertama atau kedua. Bakinya boleh dibiayai oleh pihak bank, yang menawarkan pinjaman hingga 90%. Sekiranya pembangunan perumahan itu merupakan pembangunan baru, kebanyakan pemaju akan menawarkan bayaran lebih rendah atau menanggung bayaran guaman. Ini sememangnya mengurangkan bebanan pembeli.Bagi pelaburan hartanah jenis komersial pula, pelabur perlu menyediakan bayaran pendahuluan yang lebih tinggi, iaitu antara 15% hingga 20% kos hartanah. Ini kerana pihak bank hanya menawarkan pinjaman sebanyak 85% untuk hartanah jenis komersial. Untuk pejabat strata yang berharga melebihi RM500,000 seunit, bayaran pendahuluan adalah sekurang-kurangnya RM25,000.Contoh 1 :Contoh 2 :PEMENANG ANALISIS :  PENGINAPAN PELAJARBayaran pendahuluan untuk membeli pejabat strata adalah lebih tinggi, walaupun ianya dijual pada harga yang sama berbanding dengan penginapan pelajar.PUSINGAN KEDUA: PULANGAN SEWAPulangan jangka masa pendek dalam pelaburan hartanah bergantung kepada kadar pulangan sewa. Justeru, bandingan kadar sewa adalah faktor yang penting untuk imbangan jenis pelaburan yang mampan dengan kemampuan pelabur. Jadual berikut merupakan bandingan  kadar pulangan sewa antara hartanah penginapan pelajar dan pejabat strata.Contoh 1 :Contoh 2 :PEMENANG PUSINGAN : SERI (TIADA PEMENANG)Kadar pulangan sewa bergantung kepada usia dan lokasi sesebuah hartanah. Para pembeli hendaklah waspada semasa melabur, dan tidak terlampau fokus dengan jenis hartanah sahaja.PUSINGAN KETIGA: PERMINTAAN PASARANDARI SUDUT PENGINAPAN PELAJARMengikut Kementerian Pengajian Tinggi (KPT) pada Julai 2017, terdapat 701 universiti awam dan swasta, kolej dan kampus universiti cawangan antarabangsa di Malaysia. Kebanyakan kampus ini menyediakan penginapan untuk pelajar. Namun begitu, penyediaan asrama sering tidak mencukupi dan pelajar terpaksa mencari penginapan swasta di kawasan berhampiran.Penyewaan penginapan pelajar selalunya mengikut sesi sekolah.Salah satu kelemahan pelaburan penginapan pelajar adalah musim cuti panjang di mana pelabur akan kehilangan rezeki sewa. Walau bagaimanapun, pemilik rumah yang bijak biasanya akan merendahkan sewa ketika cuti atau membuat anggaran pendapatan tahunan berdasarkan pulangan sewa untuk 9 bulan sahaja.DARI SUDUT PEJABAT STRATAPejabat strata lazimnya mensasarkan penyewa dari syarikat kecil dan sederhana kerana saiz dan ruangnya yang lebih kecil. Akan tetapi, syarikat Perusahaan Kecil dan Sederhana (SME) biasanya ingin berjimat dan tidak cenderung untuk membayar sewaan tinggi bagi pejabat strata Gred A. Selain itu, tempoh penyewaan pejabat strata mungkin lebih pendek apabila syarikat berkembang dengan pesat dan memerlukan ruang yang lebih besar untuk menampung keperluan kakitangan. Berbanding dengan penginapan pelajar, kebiasaannya kediaman disewa oleh kumpulan pelajar secara berulang.PEMENANG PUSINGAN : PELABURAN PENGINAPAN PELAJARPasaran sewaan strata pejabat sering bergantung pada sentimen dan keadaan semasa ekonomi negara. Sebaliknya, pasaran sewaan penginapan pelajar bergantung hanya dengan pendaftaran pelajar yang boleh menawarkan pulangan yang lebih mantap dan mampan.PUSINGAN KE-EMPAT: PENINGKATAN NILAI HARTANAHBerdasarkan buku The Secret Atlas of Greater KL, nilai bangunan kediaman yang terletak dalam lingkungan 500 meter dari Universiti dan Kolej adalah 2% lebih rendah berbanding rumah berdekatan, walaupun kadar sewanya adalah sama. Dengan kata lain, penginapan pelajar menikmati kadar pulangan yang baik, tetapi nilainya mungkin tidak melonjak tinggi berbanding dengan rumah-rumah berdekatan.Tetapi bagaimana ia dibandingkan dengan pejabat strata?Contoh 1 :Sumber Gambar :http://www.huntkloffice.com/properties/jaya-one-office-suites/Contoh 2 : Kajian contoh lain di lokasi yang sama di Jalan Universiti, SelangorPEMENANG : SERI (TIADA PEMENANG)Walaupun nilai penginapan pelajar tidak melonjak berbanding dengan hartanah berdekatan, sesetengah unit penginapan pelajar dijual pada harga lebih tinggi berbanding dengan pejabat strata. Ini mungkin kerana pasaran hartanah pangsapuri lebih besar berbanding dengan pejabat strata. Namun begitu, sebagai pelabur, anda perlulah mengambil kira kos penyelenggaraan penginapan ketika menyewa dan juga kos membaik pulih penginapan pelajar yang sewajarnya.PUSINGAN KE-LIMA: BEBANAN KOS BULANANPulangan sewa bulanan tidaklah selalunya dijanjikan. Jikalau hartanah anda tidak dapat disewa (atau penduduk tidak menunaikan sewa), anda berisiko menghadapi masalah kewangan.Bagi penginapan pelajar yang dibeli di bawah HDA, pelabur boleh membayar sebahagian pinjaman bayaran balik bulanan melalui Akaun 2 KWSP. Pilihan ini tidak terbuka untuk hartanah jenis komersial. Tempoh pembayaran balik pinjaman penginapan pelajar juga lebih lama berbanding hartanah jenis komersial. Untuk pelabur yang masih muda, tempoh pinjaman pangsapuri boleh dilanjutkan sehingga 35 tahun atau lebih, manakala tempoh maksimum untuk pejabat strata bertaraf komersial hanyalah 25 tahun. Pihak bank menjangka bahawa kemelesetan ekonomi akan menjejaskan perniagaan, dan risiko kemungkaran ansuran lebih tinggi bagi hartanah jenis komersial berbanding hartanah jenis kediaman. Sebagai contoh, ansuran satu unit penginapan pelajar berharga RM500,000 adalah hanya RM2,129 sebulan, manakala ansuran sebuah unit pejabat strata adalah RM2,362 sebulan. Dengan kata lain, pelabur hartanah pejabat strata menampung bebanan ansuran 10% lebih tinggi daripada hartanah jenis kediaman.Selain itu, yuran penyelenggaraan, kos utiliti, cukai pintu dan perbelanjaan lain adalah lebih tinggi untuk pejabat strata berbanding dengan penginapan pelajar.Di sini, kami menunjukkan dua contoh untuk sebagai rujukan.CONTOH 1:CONTOH 2:PEMENANG PUSINGAN :  PELABURAN PENGINAPAN PELAJARUntuk pelaburan hartanah bernilai setanding, ansuran bulanan dan kos penyelenggaraan penginapan pelajar adalah lebih rendah. Oleh yang demikian, risiko pelaburan jenis penginapan pelajar lebih rendah untuk pihak pelabur.KESIMPULAN:PUSINGAN PERTAMA - Kos pendahuluan untuk melabur dalam penginapan pelajar adalah lebih rendahPUSINGAN KEDUA - Kedua-dua jenis pelaburan menpunyai kadar pulangan sewa yang setandingPUSINGAN KETIGA - Penginapan pelajar mempunyai pasaran yang lebih mampan.PUSINGAN KEEMPAT - Nilai kedua-dua jenis hartanah meningkat seiring.PUSINGAN KELIMA - Kos keseluruhan bulanan untuk penginapan pelajar adalah lebih rendah.Berdasarkan analisis kami, kedua-dua jenis hartanah ini mempunyai risiko yang berbeza, dan keputusan perbandingan ini tidaklah muktamad. Pelaburan hartanah berupa sama dengan pelaburan dalam unit amanah, saham dan lain-lain produk kewangan. Sebagai pelabur, anda seharusnya sentiasa waspada terhadap risiko anda seperti kemampuan untuk menanggung kos bulanan jika penyewa tidak membayar sewa.Rujukan: Malaysia has one of highest proportions of international students pursuing higher education, Turning the world towards Malaysian education, Demand for office space slows down, Office Market Situation, Student Rentals Shine Gloomy MarketBaca juga: Adakah pusat beli-belah di Klang Valley Semakin Merundum?Ingin tahu lebih? Ketahui faktor-faktor lain yang mempengaruhi harga hartanah melalaui The Secret Atlas of Greater Kuala Lumpur! Beli satu salinan sekarang di RM118 (dengan penghantaran percuma).DAFTAR dengan Propertypricetag.com sekarang untuk menjalankan penyelidikan terperinci tentang kegiatan hartanah di kawasan anda. Semak maklumat secara PERCUMA atau kunjungi video 360° kami yang menarik. Ikuti laman Facebook kami untuk maklumat pasaran hartanah terkini di Malaysia.

5 THINGS YOU NEVER KNEW ABOUT SUNGAI BULOH

Sungai buloh ward

Sleepy Sungai Buloh seems to be caught between worlds. On the one hand, it’s home to one of the main stations on the Sungai Buloh Kajang MRT line and a host of gated communities. As each year passe...

Sleepy Sungai Buloh seems to be caught between worlds. On the one hand, it’s home to one of the main stations on the Sungai Buloh Kajang MRT line and a host of gated communities. As each year passes, it gets steadily more developed. On the other hand, it’s also a richly biodiverse area with an equally vibrant history to its name, a fact that is fast-changing in the face of rapid development. So we thought we’d illuminate Sungai Buloh’s fascinating past for those of you who thought it was nothing but jungle. There’s far more to it than meets the eye.#5 It was once a settlement for lepersSource: Star PropertyWould you believe that Sungai Buloh played host to a milestone for human rights in this country? In the 1920’s, progressive colonial authorities purposed to change the way lepers lived once and for all. Conditions at the existing medical facilities were so dismaying that Dr. Ernest Travers proposed a revolutionary new idea: a town exclusively for lepers. Chief Secretary Sir George Maxwell implemented his plans in 1926 and built a settlement romantically dubbed “The Valley of Hope”.Source: Valley of HopeOnce the world’s second biggest leprosy colony, the Valley of Hope housed as many as 2,000 residents at its height. It had its own school, police force, places of worship and other trappings you’d find in any other town. It was also one of the few places where people of all creeds and colours came together, with Europeans, Chinese, Malays and Indians all bound together by their common affliction. Conditions were so livable that long after treatment became available, many residents chose to remain. There are just around 200 of these surviving colonists today who are adamant about carrying out the rest of their lives on what was once their refuge from an uncaring world.#4 It had its own banknotesSource: Malaysian BanknotesBecause the Sungai Buloh settlement was so self-sustaining and autonomous, creating its own currency was a logical step. Based on the Straits Settlements dollar, two versions of the banknotes were issued in 1935 and 1936. The first was just a five-cent banknote featuring Chinese, English and Tamil on one side. The second iteration had a kingfisher sitting on a rock printed on both sides. These Sungai Buloh banknotes are extremely rare today and would make valuable collector’s items.#3 It was the site of one of the country’s most tragic explosionsAny place with a good amount of history is bound to have its tragedies. Sungai Buloh’s happened to involve normally celebratory items, fireworks. On May 7 1991, the Bright Sparklers Factory burst into flame, shooting its explosive quarry into the sky. A chemical leak set off the bazookas in storage, causing them to rip away much of the factory and a good portion of the surrounding area. Unfortunately, the disaster was bound to have its casualties. 26 people were killed, 103 injured and property worth RM 1 Million damaged beyond repair. Today, the abandoned factory site remains eerily hushed, a haunting reminder of Malaysia’s very own small-scale Chernobyl (without the radiation, of course. So you won't need a hazmat suit if you drop by).  #2 It is a haven for plant nurseriesSource: Thrifty TravellerThe Sungai Buloh leprosarium was modeled after the 19th century idea of a garden city. So it’s no surprise that its denizens began to turn to cultivation as a means of income. They started growing plants to sell to the outside world, thus establishing themselves as the nation’s foremost horticultural centre. To this day, you’ll find nurseries offering plants, ornamental fish and many other adornments for all your gardening needs#1 You could once see tapirs crossing the streetSource: Animal SpotThough Sungai Buloh is becoming steadily more developed, there was a reason the British chose it as the site for their edenic utopia. The area has always been home to verdant jungle, making it an ideal location for Selangor’s only surviving secondary forest reserve. It was so heavily forested that residents actually used to see tapirs on Jalan Persiaran Mokhtar Dahari! Sadly, only 140ha of its original 1,600 ha remain today.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

10 SIGNS YOU HAVE THE LANDLORD FROM HELL

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The most hellish rental situations often originate with the landlord. As the owner of the property, he is the author of your living experience. So it’s incredibly important that you choose wisely b...

The most hellish rental situations often originate with the landlord. As the owner of the property, he is the author of your living experience. So it’s incredibly important that you choose wisely before going into a lease. Actually, make sure there even is a lease to begin with. Yes, that’s just one of the outlandish possibilities in a landlord-tenant transaction gone wrong. So before you enter into a situation you’ll regret, we thought we’d give you 10 bright red flags you should be paying attention to.1. The lease is unclear or nonexistentWhen there’s no solid record of your transaction, watch out. This is a strong indicator that your landlord isn’t keen on playing by the rules. With no terms and conditions down in writing, he’s free to do whatever he pleases and claim he never had a deal with you when you try to take him to task. A similar red flag is a lease that you can’t understand. This creates plenty of loopholes for a sly slumlord to behave badly and then blame you for “not reading the lease properly”.2. He won’t answer questionsSource: Gif ImageYou need to walk into every transaction with your eyes open and if he won’t give you all the information, this is impossible. You might find yourself saddled with rusty water, rat infestations and many other nuisances that you never signed up for, simply because you didn’t have all the information. Also, doesn’t a lack of transparency mean he has something to hide?3. He wants cash paymentsLike the first point, this directly ties in with him not wanting a record of your transaction. If you give him cash without any kind of documentation, he is free not to live up to his end of the bargain. He can disappear with your money and you won’t have any legal recourse to do a thing about it. May as well throw all that cash into a hurricane.4. The things you hear online are not goodSource: Kayla VelasquezWe’d encourage you to subject any potential landlord to a simple Google search. You’ll be amazed at what you can find. A criminal record? An entire thread complaining about the bedbugs and leaky ceilings on his property? Basically, the internet may answer all the questions he tried to dodge when you met him in person.5. The rental isn’t up to scratchPay close attention to the property itself when you see it in the flesh. The age and condition of the unit should say everything about the kind of proprietor your particular landlord is and what any future dealings with him will be like. If you smell a rat (literally or not), run like hell.6. A massive/missing depositIf your landlord is asking for a chunk of money upfront, we’d advise you to get your guard up. He hasn’t even delivered anything yet, so why are you paying him so much? We’re not talking about the deposit to secure your place. We’re talking about a deposit far higher than the usual two month’s rent. Maybe he’s had bad experiences with tenants in the past, but his draconian personality could be causing them to leave without notice. Don’t risk finding out the hard way. We’d also suggest that you take pictures of the property as soon as you get the key. Should he renege on your deposit, you will have the proof in your hands that you’ve left the property exactly as it was given to you.7. He talks smack about previous/current tenantsSource: Wiffle GifRelated to the previous point, if he’s got too much beef with the people on his property, you should probably start backing away slowly. There are always a few bad eggs, but if his interactions with his tenants are consistently negative, it says far more about him than it does about them. Just think about it, you’re soon going to be one of them. If he talks about them, he’ll talk about you.8. The tenants talk smack about himAs with everything, it goes both ways. If you’re hearing far too many sordid stories from the tenants, then we’d suggest you don’t go through with signing the lease (if there even is one!). Chances are, they’re all true and they’ll give you a good idea of what your living experience with your landlord is likely to be.9. You don’t actually know who owns the buildingHaving a dishonest landlord is a definite no-no, but what if you don’t even know who he is? The person you meet with and pay rent to could literally be anyone and you would be none the wiser. This is why we suggest asking the person who introduces himself as the landlord to provide proof of ownership. One example would be a records of a land tax that he is consistently paying or a utilities bill. A bill would also be a good means of assessing if he is the type to pay his bills on time or foist them upon you!10. The deal’s too good to be trueSource: Laughing GifSpeaking of scams, you want to get your spidey senses up when it seems to be all sunshine and roses as well. If you’re being sold unimaginable perks and a lower-than-average price, watch out. You could either be dealing with a desperate man or an outright liar.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

4 WAYS TO AVOID BRUTAL MAINTENANCE FEES

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If you own any kind of strata development, whether it’s a condo or a landed property, you won’t escape the monthly maintenance fees and sinking funds required for upkeep. But what are maintenance f...

If you own any kind of strata development, whether it’s a condo or a landed property, you won’t escape the monthly maintenance fees and sinking funds required for upkeep. But what are maintenance fees? These are sums you pay to maintain the common spaces you share with your neighbours, like the swimming pool, gym and carpark. On the other hand, sinking funds are used for major asset upgrades, such as repainting of the building or lift refurbishment.Here are 4 factors that would affect your monthly maintenance fees and how to avoid it.#1 HOW MANY PEOPLE LIVE IN THE DEVELOPMENTImage credit: Michael WolfDid you know your maintenance fee and sinking fund are collectively paid by the residents? Buildings with fewer units may have higher maintenance fees because there are less residents to split the costs of upkeep. For example, Condo D’Pines has 532 units with a maintenance fee of RM0.24 per square feet, as opposed to Condo D’Suria, which has 252 units at RM0.35 per square feet.As for sinking funds, the math is the same. More residents means each person pays less. The sinking fund is a reserve fund for major repair jobs like painting, lift refurbishment, roof tile replacement, gym equipment replacement and others.So while low-density residents offer more space for families, too few neighbours might mean you’ll be shouldering a much higher maintenance fund.#2 WHO YOUR NEIGHBOURS ARESource: GiphyNo one would say no to good and responsible neighbours. However, not everyone gets what they wish for. Some owners and tenants might default their share of the monthly charges, claiming that they don’t even live in their properties or use the common facilities.Watch out for sales packages that offer ‘guaranteed rental returns’ and other deals that seem too good to be true. These typically target low-entry property investors and are less likely to benefit own-stay owners. While these packages are great for aspiring property tycoons, they could become more trouble than they’re worth when investors delay or even default on maintenance payments. Homeowners are less likely to leave you in the lurch, having forked out substantial down payments for their own homes. So how does one spot a development that targets homeowners? The built-up sizes for family units usually range from 1,000 sf onwards, while studios or smaller units target investors with lower absolute prices.#3 THE HEALTH OF YOUR JMB ACCOUNTWhen you first purchase a house, you might enjoy low monthly maintenance fees for the first 3 years. However, once they are no longer covered by the developer, any revision in the fees that could prove detrimental to your wallet. Why?According to Richard Chan, a committee member of the Building Managers Association of Malaysia, it is rare that JMBs or MCs are able to collect funds from 80% of the building residents. He also added that there are cases where the management corporation owed as much RM200,000 for utilities because home owners refused to pay their monthly fees. If strata developments are unable to meet their financial obligations, JMBs can revise the maintenance payments by passing a resolution during the Annual General Meeting or an Emergency General Meeting (make a note to yourself: don’t skip these).To avoid this drastic measure, residents need to pay attention to where all that money is going.How much is going into the common maintenance of the building? How much are the contracts? How much is saved for a rainy day? Are the accounts being audited by trusted parties?As an owner who pays the monthly fees on time, you are entitled to have a say in the expenditure of the funds. You can also suggest things like using cost-saving, low maintenance LED lighting, installation of CCTVs and access card points to lessen the need for security and keep the maintenance fee low. For new developments, look into the design of the common areas and parking with plenty of natural lighting and ventilation, a sure way to avoid costly electrical bills.Sources: Lower Levels In High Rise Living, Find Out More Beyond Paying, Monthly Fees Keep Skyrocketing#4 IN THE DEVELOPER DO YOU TRUST?Notice how some “new” developments look more rundown than their aged counterparts? Blame poor workmanship and quality of the materials used in their construction. Always look at developers’ track records with previous projects to see if they can deliver on their promises.Tip: Check the developer’s sub-sale transaction prices to see how well their projects are holding their value.Have you heard of a green building certification? It’s common to find developments with a Green Building Index (GBI) or GreenRE certification. These certified developments are built to save both energy and water. Using eco-friendly products like LED lighting and rainwater harvesting systems can save the cost of utility bills.Reference: New Condo Upset Over DefectsWatch out! Maintenance fees can be a thorn in your side for as long as you own the property. So if you are in search of a new place to call home (or even a place to invest in), keep these pointers in mind so you don’t end up paying more than what you bargained for in the long run!To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

WHAT EVEN ARE LANDED STRATA AND INDIVIDUAL TITLES? WHY SHOULD YOU CARE?

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It’s easy to feel like you need a Google Translate to navigate real estate in Malaysia. You’ll encounter a whole host of terms that will make you feel like you’ve applied for citizenship in a forei...

It’s easy to feel like you need a Google Translate to navigate real estate in Malaysia. You’ll encounter a whole host of terms that will make you feel like you’ve applied for citizenship in a foreign land instead of just for a loan for a house. As with any language, there certain concepts that are more crucial than others and in this case, one of these is titles. If you guessed that they have something to do with the owner of the property, you’re not far off the mark.Source: TumblrA title is a legal document that provides proof of ownership over a property. It includes the owner’s name, the limits of his domain and its dimensions and area. However, not all titles are made equal. What’s the diff?Individual titlesSource: Moviestore Collection/Rex UsaThis is the most traditional form of home ownership and possibly the most familiar to the general public. An individual title is granted to the proprietor of the entire estate, including the house and the land on which it stands. Because the person who carries this title has full lease over the property, he has leave to make whatever changes he likes upon it, provided he complies with existing municipal safety legislations and building codes. To sell this property, there are a few documents the owner needs to have on hand. Form 14A in the Malaysian National Land Code is one of them. To legally charge the property to a financier, the owner will have to use Form 16A instead. The land office will need to be involved in both the transfer and the charge of the property, as that’s who the instruments for registration must be presented to.Strata titlesSource: Star PropertyLanded strata titles are awarded to those who own a single unit in a terrace or townhouse lot or a gated community. The common areas and facilities are owned by the Management Corporation, which is comprised of unit owners within the entire development. The degree of ownership each member of the management corporation is entitled to comes down to their share value, which is determined by the built-up area of their unit.Pros and consSource: Quick MemeFor those who enjoy being the masters of their own universe, the individual title is an ideal one to hold. You can landscape, renovate and style your property exactly to your specifications and no one else will have a say in it. But being the sole owner of a home and the land it sits on does come with its caveats. Taking care of an entire estate on your own can exhausting and expensive. Also, your control is limited to the confines of your domain. If someone happens to park in front of your gate and block your way out, you’re out of luck.Source: GiphyWith strata titles, you have much less autonomy. Your housing unit will have to look much like the others within the area and you will have to comply with other management requirements. On the plus side, you’ll have far more control over your neighbourhood. As part of the Management Corporation, you’ll have a say in what rules get passed, which means you’ll get to tell that pesky driveway blocker to get off your side of the street. You’ll also be able to distribute the expenses and energy of caring for the entire neighbourhood among the other residents. The added security of living in a symbiotic community cannot be overlooked these days, when a lack of safety actually devalues a neighbourhood’s worth.ConclusionThe landed property title that’s best for you may not be the one you think it is. The full autonomy of an individual title may seem tempting, but it’s important to be honest with yourself about how much admin duty you can handle. On the other hand, the restrictions of a strata title may initially seem limiting, but you do get a surprising degree of freedom as a part of the management corporation. It’s ultimately up to you to decide what you can live with, but we’d urge you to keep an open mind and give each option due consideration.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

HAVE YOU SEEN KLANG'S TOP 10 HERITAGE BUILDINGS?

Sunset 2 church of our lady of lourdes

What does heritage mean to you? To some, it may be memories and to others, interpersonal ties. But to most, a universal symbol of legacy would be an heirloom. As far as Property Pricetag is concern...

What does heritage mean to you? To some, it may be memories and to others, interpersonal ties. But to most, a universal symbol of legacy would be an heirloom. As far as Property Pricetag is concerned, a building is one of the most visible examples of a heirloom we have. Even as they remain in use today, they serve as enduring monuments to generations before us. We’ve decided to look at the structures still standing in Klang Valley that can help us piece together the puzzle of its rich cultural past.1. Sultan Abdul Aziz Royal GallerySource: Visit SelangorBirthed by Sultan Salahuddin Abdul Aziz Shah, this museum was once aptly dubbed “Muzium Kenangan” or Museum of Memories. The building itself is as historical as the exhibits it houses, its story starting long before its opening in 1988. It began life as a land administration office for the British, but then took on a more ominous purpose as headquarters for the Japanese during WW2. It continued to serve in a governmental capacity up until the Eleventh Yang di-Pertuan Agong decided to take advantage of its more cultural offerings. These days, it houses objects of equivalent historical value, artifacts spanning the entire lineage of Selangor sultanate since 1799.  2. Kuan Yin TempleSource: The StarFew buildings in the Greater KL area can claim to be older than a hundred years, so the Kuan Yin Temple carries a rare sort of pedigree. Built in 1892, it’s also the oldest temple in Malaysia. How narrowly it avoided having its long life cut short. Ravaged extensively by termites, it was scheduled for a rendezvous with the wrecking ball. That is, until Sultan Sharafuddin Idris Shah realised what a loss its demolition would be and declared it a state heritage site. And so it remains in Klang town, serving worshipers of the Goddess of Mercy to this day3. Our Lady of Lourdes ChurchSource: WikipediaIf you’re from Lourdes, France, OLL in Klang may remind you of home. That would be exactly as its architect, Father Souhait, intended. In 1923, he was charged to take care of the flock in Klang and its surrounding districts and was dismayed to discover they had no place to worship. He looked to the French city for inspiration, borrowing its Gothic style for his own parish in the tropics. We can’t report any miraculous visions of the Virgin yet, but her likeness is ever-present throughout the church, particularly on her Annual Feast Day.4. Little IndiaSource: Ng Su Ann/Timeout“Little” India is actually the largest of its kind in Malaysia. Imagine a thoroughfare densely packed with as much cultural bounty as you can fit per square foot and you’ll have a pretty good picture of what awaits here. Spices, sweets and saris in a full spectrum of shapes and sizes make this spot something of a mecca for shopaholics. When you tire of retail therapy, there are eateries aplenty to rest your weary togs. All in all, this vibrant street is a fitting reflection of the country’s third largest racial group.  5. Klang Fire StationSource: Tourism SelangorIt’s nice when our guardian angels stick around to protect us and Klang Fire Station’s been alive and kicking since the 1890’s. It’s hardly stayed static over the years, having undergone the necessary renovations and adjustments to keep it intact. However, while it remains a fully-functioning fire station, it retains all of its original genteel Victorian elegance to this day. Now that, kids, is how to look good while taking names.6. Sri Nagara Thendayupani templeSource: Wai Kin/PanoramioSo where do all the Hindus in Malaysia’s largest Little India worship? At the oldest Hindu temple in Klang, naturally. Managed by the Nattukotai Chettiar community, the 150-year old temple’s main deity is Sree Raja Rajeswary. Aside from being a place of devotion, Sri Nagara Thendayupani is an important repository of Indian heritage, playing host to a great many cultural practices. These range from festive affairs like weddings to more everyday novelties like a palm-reading session with the resident fortune-teller.  7. Raja Mahadi FortSource: Tourism SelangorYou can’t have history without a bit of conflict. Similarly, you can’t go to war without a fort. Raja Mahadi and Raja Abdullah were in the midst of a skirmish and the former had needs to barricade his rival out of his portion of Klang. So Raja Mahadi built his eponymous citadel upon a lofty vantage point to spy on the ships sailing through Pangkalan Batu. Later on, the Sultan of Selangor sent an agent, Tengku Kudin, to oust Raja Mahadi from his home turf for failing to pay his taxes. After holding out for six months, Raja Mahadi surrendered and the fort has been retired from martial duty ever since. Be sure not to miss the grave of a warrior killed with a silver bullet.8. Klang Railway StationSource: Wikimedia CommonsMuch like the Fire Station, the Klang Railway Station is a living homage to Klang’s rich past. The busiest rail nexus in the area, this station began as a replacement for the remote Bukit Kuda station in 1890. It became such a success that a full six miles of extensions were added to it, stretching its railway all the way to Port Swettenham (Port Klang today) by 1901.9. Klang Convent SchoolSource: SunwayFounded by the same missionaries behind Our Lady of Lourdes Church, this traditional convent school had only 19 students to its name in 1924. However, demand eventually called for more supply and the school’s iconic main building was constructed from 1926-1928.  10. Alam Shah PalaceSource: Wikimedia CommonsThe Royal Malay-style Alam Shah Palace is actually the third iteration of a royal palace to be built on this site. Originally, it was Mahkota Puri Palace, built to replace Alaeddin Palace in 1903. When Tengku Alam Shah ascended to the throne in 1938, Mahkota Puri was again destroyed to make way for the palace that stands today. However, no matter how many times royal architects have hit the Restart button, the palace’s oldest legends die hard. It is said that if you should enter the palace with unclean intentions, you will be cast out by the unseen battalion that has guarded Selangor’s sultanate since its beginnings.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

WHAT HOUSE SUITS INTROVERTS? OR EXTROVERTS? (PART 2)

Building joy planning plans

As different as we all may seem, we all need a roof over our heads. We're here to make sure you don't end up sheltering under the wrong tree, a mistake as deadly as having kids with the wrong perso...

As different as we all may seem, we all need a roof over our heads. We're here to make sure you don't end up sheltering under the wrong tree, a mistake as deadly as having kids with the wrong person. If you didn't see the right dream home for your personality type in our last article, never fear. We haven't forgotten you. This time, we bring you PART 2 of our rundown on ideal abodes for each Myers-Brigg personality type.The Dutiful (ISTJ)Source: NerdistHarmony is this personality type’s byword. ISTJ’s love preserving the order of the universe and can be sticklers for rules. They have an iron-clad sense of honour and will see any task they are given to the very end. This trait makes them excellent friends who truly understand what it means to be loyal and to keep your word. Unfortunately, this can also make them rigid and unable to handle the slightest bit of chaos in their perfectly-organised world.Home type: Luxury condoSource: JMB MalaysiaThat is why they would be very comfortable living in condos, serviced residences or anywhere where living is defined by a specific set of rules. The additional security in these living compounds also allows ISTJ’s to keep their tidy retreats safe from outside interference or danger. This doesn’t mean it has to be boring. A condo with a wide array of facilities will provide ISTJ’s with plenty of options without making it necessary to sacrifice the systemised environments they thrive in. PS, you should probably elect them to guard your JMB funds.The Nurturer (ISFJ)Source: AP PhotoNurturers make the world go round. Don’t believe us? Have you heard of Mother Theresa? You won’t find a more giving, altruistic personality type around. ISFJ’s have a powerful compulsion to take care of others, using their high emotional intelligence to take note of minute personal details and hidden emotions. They are acutely aware of other people and strive to improve the lives of those around them. However, don’t expect them to revolutionise the world in the process. ISFJ’s are firm believers in tradition who prefer to bring about change through tried and true channels. They are just as sensitive to their own emotions as they are to others, but are far less likely to express themselves.Home type: Small BungalowLocated in Cameron HighlandsOne-storey bungalows are an excellent choice for a generous personality type that sometimes gives too much of itself. After giving so much of themselves, introverted nurturers urgently need to take time to recharge. Though they are only single storey, these bungalows’ typically spacious layout allows ISFJ’s to take the time for themselves that they so often neglect. With enough space to adorn to their specifications, perhaps ISFJ’s could discover and express themselves as they transform their houses into homes.The Guardian (ESTJ)Source: GiphyThis highly-organised personality type makes for a great companion in the battle trenches, should it ever get to that. Proud citizens of the here and now, ESTJ’s are great at staying present and dealing with the situation at hand instead of losing themselves to hypotheticals. Their focus on the tangible world around them makes them excellent organisers and leaders who give every endeavour their all. Guardians are also motivated by their strong principles and by concrete facts and logic.Home type: TownhouseSource: Sunway PropertyThe ultimate joiners, ESTJ’s love to host and be part of a party. We’d recommend townhouses or superlink properties for them because they are both communal and airy, making them ideal venues for entertaining guests. Getting one with lots of rooms would be a bonus for those who don’t want the fun to end after dark. If the townhouse happens to be one with a bit of pedigree, so much the better. While ESTJ’s very much enjoy living in the present, they are lovers of tradition who won’t pass up a bit of history.The Caregiver (ESFJ)Source: GiphyESFJ’s love other people and want nothing more than to bring out the best in their peers or at least bring a smile to their face. They are staunchly orthodox, preferring security and stability over what-if’s and hypotheticals. This makes them dependable friends and workers who know exactly what needs to be done to finish a job. They tend to be people-pleasers who need affirmation to function and they can be stuck in their ways.Home type: Semi-DSource: New Launch Property @ PinterestTerraces or semi-D’s are great landed property choices for caregivers, who love opening their homes to friends and neighbours. Other than the fact that these homes make excellent places to host gatherings, they also give ESFJ’s a space of their own to organise to their heart’s content. However, landed properties also have the benefit-in-disguise of not being an entirely controlled environment, providing Caregivers with an opportunity to become comfortable with the natural chaos of living.  The Artisan (ISTP)Source: GiphyContrary to what you might assume, ISTP’s reasoning capabilities are among their strongest traits. Never ones to pass up a puzzle, they live to figure out and tinker with the world around them, making them excellent with technical pursuits. They tend not to make decisions by consensus, preferring to draw their own conclusions and act independently. However, far be it from them to be boring, unimaginative squares. Artisans tend to be cheery folk who leap before they look, making them great adventure buddies for those who aren’t too rigid about schedules.Home type: Freehold landSource: World Landscape ArchitectWe feel that buying freehold land, with or without a house attached, is a brilliant idea for Artisans. While it may not be possible for most of us to be both planners and free spirits, ISTJ’s embody these seemingly contradictory traits with great panache. You can be sure that any house an ISTJ builds will make perfect sense while managing to be a carefree haven where spontaneity is encouraged. We can imagine the Artisans crafting their own handmade furniture, drawing out a stunningly efficient layout on the drafting board and imbuing every corner with their personal touch. In this domicile, self-expression will never die.The Artist (ISFP)Source: GiphyISFP’s are conduits of sensation. There is not a sight, sound or smell that gets past this innately attuned personality type. Their sensitivity to their environment makes them masters of aesthetics who take a hands-on approach to express themselves rather than use words.They are also deeply caring individuals with an inclination to serve and an appreciation for nature’s subtle pleasures.Home type: Estate bungalowSource: Responsible TravelIn lieu of a cottage in the countryside, we’d recommend a small bungalow on a sizable bit of land away from the hustle and bustle of urban centres. ISFP’s are an easily stimulated lot and noise pollution is an absolute no-no if they are to live peacefully. Being close to nature will be a boon for artists, who will find much to inspire them in the wilds and in the gardens they could cultivate on their own plot.The Promoter (ESTP)  Source: GettyIf an ESTP had something to sell you, you’d most definitely buy it. The Promoters are confident, persuasive types who live for the thrill of the pitch. Spontaneity is their guiding principle and they are far more likely to obey their own intuition than anyone else’s dictates. Natural connoisseurs, they are refined hedonists who command all the attention at any gatherings. They tend to be practical and action-oriented, but their fun-loving natures ensure that no one who ever works with them is ever alienated.Home type: Any large homeSource: Bungalow RenovationA big home suits the Promoter’s big personality. Superlink terraces, large semi-D’s or bungalows will all fit the bill. ESTP’s are not sticklers for rules, by any means, so having a living space where they may exercise free reign would be the ideal. However, we’d recommend that ESTP’s not put too much space between themselves and their neighbours. Their strongest skills happen to be interpersonal, so it would be a shame if they were too far away from a friendly community they could entertain or rope into home-decorating projects.The Performer (ESFP)Source: Hello MagazineNew friends and experiences are the spice of life for performers, who thrive off the attention of an audience. But don’t mistake them for high-maintenance divas. ESFP’s are actually easy-going sorts who excel at dispelling conflict and creating a joyous working environment for all. They’re not going to be the masterminds behind projects, as they don’t tend to be detail-oriented strategists. They’d rather just find creative ways to improvise as they go along and enjoy themselves while they’re at it.Home type: Swanky penthouseSource: Luxury InsiderA spacious, striking penthouse in a busy metropolitan area will suit the ESFP’s flair for drama and love of stimulation. Gazing out at a buzzing streetscape would be an invigorating experience for performers and a central location would allow them to maintain an equally hectic social life.

DID THESE 8 SHOCKING TRAGEDIES HAPPEN NEAR YOU?

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Neighbourhoods and homes lie atop countless layers of history, not all of which is sunshine and roses. In light of Halloween being just around the corner, Property Pricetag has decided to delve int...

Neighbourhoods and homes lie atop countless layers of history, not all of which is sunshine and roses. In light of Halloween being just around the corner, Property Pricetag has decided to delve into their dark pasts and have come of with some sinister stories of dastardly deeds.Disclaimer: We are NOT responsible for any skeletons you may dig up in your community’s closet.1. Mona Fandey Witchcraft Murder in RaubSource: Azim The TravelerOne of the oldest towns in Pahang state, sleepy Raub was founded as a gold mining town towards the close of the 19th century. These days, it’s better known for waterfalls, jungle, fresh river fish and a gruesome new chapter to its long history: the Mona Fandey ritual murder, one of the most bizarre crime stories on Malaysian soil.Source: @iAppleMustache / TwitterWith knife-like cheekbones and a court jester smile, Mona Fandey looked every inch the deranged murderess she was. She made no effort to appear contrite when she was found guilty of the horrific butchering of Mazlan Idris, a state assemblyman of Batu Talam. The local politician had sought supernatural help from the former pop star, who now was offering her services as a witch doctor or bomoh. On July 18, 1993, he’d met her in her home in Raub for some cleansing rituals. Mona Fandey told Mazlan to lie down on her floor, close his eyes and envision money “falling from the sky”. What fell instead were three strokes of an axe wielded by her assistant, Juraimi Hassan. After killing him, she, Juraimi and her husband Mohamad Nor Affandi Abdul Rahman went on a wild shopping spree, Fandey even managing to treat herself to a facelift. This probably explains her strong resemblance to an evil clown.Source: GiphyWhen police responded to a missing person’s report and raided her home, they discovered Mazlan buried in her store room and placed the devilish trio under arrest. After a long, dramatic trial, all three were sentenced to the hangman’s noose on November 21, 2001. None of them appeared to feel any remorse on the day of their reckoning. Instead, as a closing act, Fandey left us all with some chilling last words: “Aku takkan mati” or “I won’t die”.2. The offing of a debt collector in Taman OUGSource: The StarTaman OUG’s a fairly typical KL neighbourhood. Located off busy Jalan Klang Lama and close to Taman Desa, it’s within easy proximity to Mid Valley, Gardens and the rest of the city, provided there’s no congestion on the way. However, it does provide pretty well for itself with its own night market and neighbourhood malls like Plaza OUG. On July 22, 2016, the usual hum of activity was disrupted by the last thing anyone would have expected to hear; gunshots. When the smoke cleared, it was apparent that the bullets had been true to their aim, ending the life of real estate agent, Datin Renyce Wong Siew Ling.Source: The StarWong was out with her daughter in her car when two assailants on a motorbike shot through her windows, claiming her life and grievously injuring her child. The bullet shells were found to be from a Glock 19 pistol and they matched those found at three other shootings in Perak. These telling clues to two hitmen and the man who hired them, Chin Kok Leung, a businessman in serious debt to Wong. Apparently, she had lent him RM 13 Mil to invest in a ceramics business. No one knows where she may have gotten the financing to do this, but it is strongly suspected that her husband was involved in a Ponzi scheme. Unfortunately, the enterprise ended up going nowhere. She hired a private investigator to tail him, making the dangerous move to corner a desperate man. Chin paid the hitmen RM 60,000 to rid him of his debtor once and for all.3. The Mysterious Murder of Datuk Norjan Khan in Kota KinabaluKota Kinabalu has become a rising Malaysian tourist hotspot and it’s easy to see why. It’s got the multicultural charms of larger cities mixed with a laid-back attitude and paradisiacal natural landscapes. It is in this idyllic part of our country that Datuk Norjan Khan Bahadar met her end under some rather unusual circumstances.Source: Asia Web DirectThe last day of Norjan’s life couldn’t have been more ordinary. On 11 February 2004, the personable politician enjoyed an amiable chat with friends in the coffeehouse in the lobby of the Shangri-la in Bandaran Berjaya. She decided to call it a night and return to her room at 11pm. It was the last time anyone saw her alive. When cleaning staff entered her room with a master key the next morning, they found her lifeless body. At first, burglary was suspected, but it was quickly ruled out as a motive after they found all her belongings intact. Further investigation yielded a potential suspect in Azman Khan, a young Indonesian waiter who’d gone up to deliver milk to her room. He was accused of having relations with Norjan and killing her in a jealous rage after finding her with another man. He vehemently denied these charges and he was released when the court failed to prove his ties with Norjan. The case became ever more complicated when a Pakistani businessman stepped forward. Amir Khan claimed than Norjan was having money troubles. It was difficult to take his statement at face value when his DNA traces were all over the room. Unable to pin the murder on a single individual, the frustrated authorities had to place this one on the shelf, where it remains to this day.4. Kim Jong-Nam’s Assassination started on Jalan Klang LamaSource: Google ScreenshotSometimes, the world’s strangest crimes have the most unlikely beginnings. The most recent example to happen on our home soil is Kim Jong-Nam’s assassination. While this peculiar episode had undeniable repercussions worldwide, it all started on the Verve Suites on Jalan Klang Lama. The oldest road in Klang Valley, OKR is now better-known for delicious eateries than top-secret operations. Perhaps this why the killers chose this as their manufacturing spot for the deadly poison that ended Kim’s life.  Source: AFPOn February 13 this year, the estranged elder half-brother of Kim Jong-Il, North Korea’s current ruler, was waiting for a flight home to Macau when two strange women approached him and swabbed his face with a soaked cotton pad. He went to complain about their odd behaviour to airport staff but promptly collapsed mid-sentence. He was dead within 20 minutes. In his bloodstream, forensics specialists found copious amounts of VX nerve agent, a substance so deadly the UN has branded it a weapon of mass destruction.Source: TenorHis brazen assassins were suspiciously easy to find and bring into custody. Siti Aisyah and Doan Thi Huong insisted that they were innocent of any intent to murder. After all, they’d been told they were merely playing pranks on strangers for a hidden camera! They claimed two Chinese men had hired them as participants on Chinese reality tv shows. Of course, when police came for the “Chinese” producers, they found that they were in reality North Korean agents who had already fled the country. All they left in their wake were two ladies to take the fall for the regime.5. Norita Samsuddin’s Untimely End in Sri HartamasSri Hartamas is quite the melting pot. Thanks to the presence of Garden International School, one of Malaysia’s most renowned international institutions, it’s home to a large number of expats and moneyed households. At the same time, maybe thanks to its students, it’s got plenty of bars, clubs and other nighttime venues. With some of KL’s richest people letting off steam in after dark, anything goes. Perhaps that’s why Norita Samsuddin’s encounters with her lover went so horribly wrong.Source: UtusanNorita’s looks drew offers from modeling agencies, but she wanted to build a more stable career as a marketing executive. However, she was nowhere near as risk-averse in her personal life. She'd been meeting with a man, Hanif Basree, for liaisons every week in her home in the Puncak Premium Galleria Condominiums. On December the 5th, 2003, she was found dead. At first, suspicion fell on Hanif, who was promptly arrested. However, while the DNA samples showed that he had indeed been at the apartment, there were traces of an another man present as well. It seems someone else had visited Norita just after he left. Furthermore, one of her roommates claimed to have seen a man fleeing the scene the night she was killed, a man with bad body odour. Comparatively, Hanif smelled fresh as a daisy. Due to lack of evidence, he was eventually acquitted.6. Xu Jian Huang’s drowning off Jalan AmpangSource: Wikimedia CommonsThough it’s been eclipsed in popularity by the likes of Bangsar, Mont Kiara and Hartamas,  Ampang still holds a certain draw for those with a higher income bracket. Close to the draws of the city centre, the many embassies clustered in this posh residential enclave make for a very international, educated community. However, Chinese student Xu Jian Huang’s time in this expat haven ended up costing him his life.Source: LinkedIn14-year old Xu Jian Huang was a student at Mutiara International Grammar School. Sent to Malaysia for better opportunities, he’d been living with his uncle, businessman and Datuk Seri Koh since his arrival in April 2002. It seemed nothing could be going better until September 24th 2014, when he said something very worrying on the phone to his father: “Papa, I’m very frightened. They’re going to beat me”. Two days later, he was found drowned in his uncle’s swimming pool. His uncle was immediately arrested with two of his bodyguards and stripped of his titles. All three suspects were charged with murder but were eventually acquitted of their charges. When prosecution appealed his acquittal, the former Datuk Seri mysteriously disappeared. He was supposed to have been hospitalised in China, but there was no record of him checking into a hospital and there was no known medical certificate issued for him. In the absence of this highly suspect character, there was no point in appealing the acquittal verdict and the hearing was canceled.7. Rashidi Ismail’s Butchering of His Family in Historical GemenchehSource: WikipediaRural Gemencheh in Negeri Sembilan is best known for being the battleground of a skirmish between Australian and Japanese soldiers in WW2. Joining its violent past is a recent episode that would chill the blood of even the most battle-hardened veteran: Rashidi Ismail’s senseless slaughter of his grandparents, father and sister on January 5th 2010.Source: Kosmo!Killing your family is a pretty inauspicious way to start the year, but for Rashidi Ismail, the writing was already on the wall. Literally. Rashidi claimed to have seen a divine message spelled out for him on the walls of his house, urging him to do the deed. Armed with a parang, he set about carrying out his grim mission to the letter. Perhaps because he offered this supernatural vision as a motive for his crimes, the High Court determined that he was not guilty and was instead of unsound mind. A closer look into his past revealed that he was an intelligent individual who had been suffering from untreated schizophrenia. He was sent to Kajang Prison, where he remains to this day.  8. The deal gone deadly for Datuk Sosilawati Lawiya in BantingSource: WikipediaRashid Sidek is Banting’s most famous son, but the rest of its homegrown produce is nothing to sniff at. The seat of Kuala Langat known for its betel leaves, poultry and palm plantations and its proximity to the Morib beaches and Payah Indah Wetlands. Its remoteness from urban centres made it a great meeting place for Sosilawati Lawiya and her three aides to make a land deal on August 30, 2010. Unfortunately, the four ended up drawing the short end of the stick.Source: The Malay MailThe ex-wife of rock star Nash was coming into her own as a cosmetics mogul. She was going to meet with her lawyer N. Pathmanabhan to negotiate the sale of her land and was accompanied by her driver, other lawyer and bank officer. One would think that in the company of three men, she would have few safety concerns. Alas, it was not so, as Pathmanabhan had come prepared. He and two farm hands slaughtered the four, cremated them and scattered their ashes in a river near Tanjung Sepat. During the trial, one of Pathmanabhan’s accomplices admitted that he only participated in the murder to avoid having his life ended by his boss. Regardless of the metaphorical gun held to his head, he was doomed to the same fate as his boss and the other killers at the gallows.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

WHAT HOUSE SHOULD YOUR UNIQUE PERSONALITY TYPE BUY? (PART 1)

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What does a dream home look like to you? Maybe you already have a clear image in your mind, maybe you’re barely sketching out the details. Regardless of where you are in your quest, we’re here to h...

What does a dream home look like to you? Maybe you already have a clear image in your mind, maybe you’re barely sketching out the details. Regardless of where you are in your quest, we’re here to help you get closer to your personal ideal. As with anything else, one man’s paradise is another man’s inferno. Also, what you may think you want may not actually be what works for you. What better way to avoid buyer’s remorse than to make a decision based on your personality type? Property Pricetag presents PART 1 of our guide to buying the best property for your Myers Brigg personality, which you can find out with this quiz.The Giver (ENFJ)Source: GiphyThis is a people-oriented personality type that is highly attuned to the needs of others. Their days are centred around bringing others together and making someone else’s day. ENFJ’s tend to be straightforward types who express themselves with confidence and warmth. However, they do tend to keep their beliefs to themselves, no matter how strongly they stand by them in private. This is because they prefer not to be drawn into needless conflict and would rather not be a source of tension in their personal relationships Home typeSource: Natasha for AirbnbENFJ’s require a spacious home with open spaces with plenty of room for entertaining. We’d recommend a semi-D, bungalow or corner lot with lots of windows. ENFJ’s should consider a kitchen with an island plan or a large outdoor space with a pool for parties/BBQ's. Even better if it’s situated in a friendly neighbourhood where community is prized. However, the bedroom must be a sanctuary from the bustle of the common areas. If ENFJ’S have a fault, it’s that they are too giving and often forget to take care of their own needs. Their home should encourage that as much as possible.The Idealist (INFP)Joan of Arc by John Everett MillaisINFP’S are characterised by their rich internal lives and dreamy natures. While they tend to get lost in their own thoughts, never let it be said that they have no care for the world around them. They have an overriding compulsion to make the world a better place and are far more motivated than their principles than by material gain. They are thoughtful, empathetic listeners who take note of subtleties that slip under everyone else’s noses and can express themselves with great eloquence. However, their sensitive natures make it easy for them to personalise slights and they hold lofty standards for others and for themselves. The good thing is that they are self-aware and are always on the path to improvement.Home TypeSource: PinterestWe like to recommend properties with lots of space for this personality type. INFP’s should live a bungalow or a penthouse, if they absolutely have to live in a high-rise. It isn’t that the INFP’s are unsociable loners. Rather, they are prone to taking on the troubles of the world and need a soothing place to retreat when it gets to be too much. The idealists can even give back to society as they hide away from it all by investing in an eco-friendly property. For city-dwellers, a roomy serviced residence with extensive landscaping is also a good option. INFP’s tend not to fuss over the nitty-gritty details of everyday life and would be grateful if someone else took care of upkeep. The Inspirer (ENFP)Source: GiphyIf there was ever a personality type that could convince you to part with your life savings, the ENFP would be it. They are persuasive articulate speakers whose enthusiasm can be very infectious. If an ENFP is excited, others probably would be too. This makes them excellent motivators who know just the right thing to say to spur everyone else on. Drawn to possibilities, they are prone to trying everything once and learning new skills along the way. Because they are so easily roused to action and people-focused, they must be careful not to get carried away and lost touch with what motivates them.Home typeSource: Star PropertyLike other extroverts, ENFP’s don’t mind being communal with their neighbours. We think they would do well in terraced houses, condos and townhouses. Friendly neighbourhoods and gated communities work best for this personality time. Making a case for landed properties is the land they come with. ENFP’s are leaders and doers by nature and gardens are a great avenue for roping the next door neighbours into convivial home-decorating group projects. We would also recommend properties with built-in shelves and other storage features. ENFP’s aren’t too fussed with the minutiae of daily living, so the more streamlined life is, the better. The Protector (INFJ)Source: LOTR WikiThis is the rarest of all personality types and we can see why. It’s not often you run into such nurturing individuals who anticipate the needs of others so well. INFJ’s are extremely observant of those around them and notice when you’re upset even before you do. Their warm, gentle dispositions make it easy to confide in them and their dependable, caring natures make them pillars of strength in tough times. As willing as they are to take care of others, they are reluctant to seek support in turn. They are extremely private about their own thoughts and desires and tend to harbour a perfectionist streak.Home typeSource: Star PropertyWe actually feel it’s best to leave INFJ’s to decide their property types on their own. This is a highly intuitive personality type, so one of the things that Protectors can always rely on is their own judgment. We’d only go so far as to suggest that they invest in properties with a significant degree of seclusion. Think landed properties. Whether it’s a semi-D or bungalow, the home should allow them to retain their much-valued privacy as well as carve a little space out for them and theirs. They would also benefit from a garden or balcony for plants, but not for the same reasons as an ENFP. They’re nurturers at heart, so cultivating their own nursery of decorative flora is an ideal way to cater to that side of them as well as inspire their natural artistic abilities.The Mastermind (INTJ)Source: tenor.comIf you want anything done, pay the INTJ a visit. Those who belong to this personality type are the ultimate strategists who think long-term and execute their plans to a T. INTJ’s are ambitious without being unrealistic. Unlike other idea-driven personality types, INTJ’s know exactly what they want and how they’re going to go about accomplishing it. As a result, they place justifiable confidence in their own judgment and value similar competence in other people. However, INTJ’s are not as good at communicating their ideas as they are at implementing them. Their motto should be, “Show, don’t tell”. Home typeSource: Fresh Palace on PinterestTo satisfy their organisational tendencies, INTJ’s need a home that they can plan to their heart’s content.  They are brimming with ideas for improving every area of their lives and home decorating is no exception. Therefore, a freehold property is a great option for them because they are given a blank space of their own to mold. If there is an existing property, they can renovate and demolish as much as they want. If there isn’t, they can construct the house of their dreams. Rational and creative in equal measure, they are sure to materialise a home that is both exquisite and impeccably thought-out.The Thinker (INTP)Source: AP PhotoLike INFP’s, INTP’s live in a world of their own making. But instead of zeroing in on a cause to champion, INTP’s prefer to ponder abstractions in a logical manner. They can get lost in analysing possibilities for the sheer fun of it and will pursue an idea to the very end if it catches their fancy. This makes them very focused individuals who are adept at tuning the world out to give something their full attention. INTP’s have trouble staying in the present and tend to think in the future. They are also independent souls who are constrained neither by hierarchy nor by deadlines. Home TypeSource: Serene VillasWe think that INTP’s will be happy just about anywhere if they have a retreat where they can master their thoughts. Whether it’s a bungalow, townhouse, linked property or even an apartment, the property needs to have rooms, nooks or crannies where they can be alone with their thoughts. A urban nature property like Serene Villas because it provides its residents with lots of green space to meander without sacrificing community.The Executive (ENTJ)Source: Justin Sullivan/Getty ImagesTraits: ENTJ’s are the most natural leaders of all the personality types. They see possibilities where others only see obstacles and will strike boldly where no man has gone. They have good reason to be fearless, for they have sharp, active minds that absorb complexities quickly and master new skills with ease. This makes them quite career-focused individuals. They are ever on the lookout for mental stimulation and enjoy challenging conversations. They are also great at influencing others and have no trouble asserting their needs. ENTJ’s are in danger of being dominant and intolerant of others’ perceived weaknesses, so they must make sure to rein themselves in. Home typeSource: Luxury InsiderENTJ’s are good with an environment they can micromanage to the last detail. We also feel this personality type would be inspired in a cutting-edge designer property with ample room for boardroom meetings and entertaining. Think a state-of-the-art penthouse featuring the latest in interior design and a large open-plan living area where you can both work and play. The bedroom will be artfully partitioned off by a wall because even CEO’s need their downtime. The Visionary (ENTP)Source: PPC WikiSimilar to INTP’s, ENTP’s are idea people. However, it turns out that extroversion makes quite a big difference and ENTP’s prefer to bounce their thoughts off others instead of just keeping them in. They also tend to think in terms of how they can better understand those around them rather than just delving into theory for the sake of it. This makes them adventurous, curious people who love learning about others. They are great at spreading enthusiasm wherever they go and make charming conversationalists who love a good debate. However, they aren’t as great at fleshing out details and would rather come up with ideas than see them through to the end. Home typeSource: Architizer for PinterestENTP’s are best off in condos or serviced residences. This is not because they don’t require a space to call their own, but because they are big-picture people who don’t always remember to take care of the particulars. So having front-desk staff on hand all day would be quite a bonus, in their book. Their love for ideas can come across in the interior design of their homes while management can take care of the details that bore them. They are also far more likely to come across a range of inspiring neighbours to converse and collaborate with in a high-rise.If you are none of these personalities, don't despair. We definitely won't be leaving you out of PART 2!

5 THINGS YOU NEVER KNEW ABOUT SUBANG JAYA

Sunway mall

Ever heard of Taylor’s College, Monash, Sunway Pyramid or Proton Holdings? If you’re an outsider, these are just some of the big-name schools, malls and industries that define Subang Jaya for you. ...

Ever heard of Taylor’s College, Monash, Sunway Pyramid or Proton Holdings? If you’re an outsider, these are just some of the big-name schools, malls and industries that define Subang Jaya for you. However, everyone knows that a city’s more than its statistics and this is especially true of Subang Jaya, which hides a rather quirky side beneath its successes. We’ve decided to show you its more human side with these five fun facts.     1. TAYLOR’S SCHOOL OF HOSPITALITY USED TO BE A NIGHTCLUBSource: Kampung Boy, City GalTaylor's School of Hospitality used to be focused on a rather different sort of entetainment. We’ve heard from a reliable source that the school was once a nightclub called Bali at Leisure Commerce! While it was far from the higher education institution it is now, Bali was run by the same people who own the school today. It was actually doing very well in the 90’s, but was eventually closed so the owners could encourage those with more scholarly leanings. Well, it really hasn't strayed too far from its roots in some ways. It's just a fresh angle to the same business.      2. IT WAS ONCE A PLANTATIONSource: etgrisorse.comHow times have changed. Where Subang’s busiest cafes and malls are now standing, there was nothing but rows of oil palm trees stretching as far as the eye can see. Before 1976, the area was a merely a humble plantation called Seafield Estate governed by the Petaling Jaya Municipal Government (MPSJ). Believe it or not, it was once the perfect place to snag a new pet. State Assemblyman Hannah Yeoh used to retreat to the plantation with her father to catch small tiger fish in the wild. Source: tenor.coWe’re not sure what sparked the sudden interest in this no man’s land, but we suspect it may have something to do with the opening of Sultan Abdul Aziz Shah Airport in 1965. Whatever the reason, Sime Darby poured its resources into building it up from 1976 to 1988, concluding the project with the completion of Subang Jaya. Townships like USJ and Putra Heights followed later.     3.  IT’S INSPIRED A VIRAL RAP VIDEOSource: YouTube.comFew other Malaysian townships can boast their very own internet legend, but Subang Jaya has one in local hip-hop artist Joe Flizzow. This musical maverick has taken rap out of Compton and into the ‘burbs of Subang Jaya with a homage fittingly titled “Budak Subang Jaya” (he’s also in a Whatsapp group with the same name!). In the music video, he shows us the neighbourhood he grew up in instead of telling us about it in a 360 degree shot and well, it really works.His fellow Budak Subang Jaya will be able to shout out to familiar landmarks like Asia Cafe and Subang Ria Park. Newcomers will get such an immersive tour of the area that they may start to feel a little nostalgic themselves.     4. ASIA CAFE IS CLOSINGSource: thecoverage.mySpeaking of Asia Cafe, the iconic SS15 food court and student haunt will not be around for much longer. It will be demolished to make way for a home office project at the end of the year. The students and staff of Taylor’s University and Inti International School Subang are aghast, as they’ve frequented the food court since it opened in 2004. It’s easy to see why Asia Cafe is dear to their hearts, with its large range of dishes, wide-screen TV and flexible hours (7am-4am, guys!). Oh, and it’s also crawling with Pokemon, if you happen to be into Pokemon Go! That's right. Even anime critters will weep at the loss of this beloved interspecies hang-out spot.    5. YOU CAN FLY A PLANE IN SUBANG AIRPORT Source: klnow.com.myWell, close enough, anyway. Although it’s no longer Malaysia’s premier airport, Subang Airport has been keeping up with the times. In addition to its transformation into ultra-modern Subang SkyPark, it now features a high-tech, realistic flight simulator called FlightSim KL. Equipped high-definition visuals, life-like sound effects and accurate replicas of Boeing 737 and Airbus A320 cockpits, it is supposed to be the closest you can get to being a pilot without ever lifting off the ground. It’s no wonder that it’s such a faithful imitation though, for similar technology is used to train pilots in real life. True to life, a professional pilot will be seated next to you throughout the experience, guiding you as you take-off, fly and land.Source: giphy.comIf your dream is to take to the skies, there really is no better way to take baby steps towards aviation school without sending your parents to an early grave.CONCLUSIONSubang Jaya is a town that likes to have fun in unconventional ways. It may have some of the country’s best universities, industries and malls to its name, but it reveals itself in ways that aren’t obvious at first glance. You have to take a closer look at its history and its people to get a taste of its true self and once you do, you won’t be able to unsee its quirks. This vibrant, communal township is a faithful reflection of the spirited Budak Subang Jaya who call it home.

5 REASONS AIRPORT TOWNS ARE YOUR FUTURE

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If you see what airport cities have become, you won’t want to leave. They are becoming more and more like actual cities, with so many entertainment, food and real estate options that you might forg...

If you see what airport cities have become, you won’t want to leave. They are becoming more and more like actual cities, with so many entertainment, food and real estate options that you might forget you’re not in the capital. Here are five great reasons to move to one now.1. YOU’ll NEVER BE BETTER CONNECTEDIf you wanted to leave, you wouldn’t even have to get on a plane. Airport towns provide great transportation options to nearby cities and attractions. In other words, you might forget what homesickness ever was.Hong Kong International Airport’s SkyCity offers efficient air, highway, sea and rail access to Hong Kong and mainland China. Incheon Airport is working on a six-lane, six-mile expressway and bridge to its airport town, New Songdo City. Not to be left out, our very own KLIA boasts the KLIA Express, a high-speed train that spirits you directly to KL Sentral in just 33 minutes.2. IF YOU CAN'T FIND A JOB, YOU'RE NOT TRYINGThough it’s easy to leave, let’s assume you’re here to stay. You’ll probably need a job for that. Luckily for you, airport towns tend to be lively commercial and economic centres. Like coastal ports back in the day, airports attract a diverse group of products and people, many of whom are business travelers. You’ll find anything from the latest electronics to the world’s leading investment gurus, making airports perfect for trade.Source: images6.fanpop.comIn order to accommodate the constant exchange of goods and services, airports set up huge free-trade zones containing many aviation, logistics and commercial complexes. Right here in Malaysia, a regional distribution hub will be set up in KLIA Aeropolis by none other than Jack Ma of Alibaba Group. The project is expected to generate RM 7 billion worth of foreign and domestic investments, which translates into more jobs. No more excuses, job-hunters!3. YOU'LL GET TO BLAZE TRAILSIf you’re ambitious, there’s no better place for you than a city built from scratch. Young townships need to keep up with a growing population as well as attract newcomers. You won’t be able to keep up with the schools, homes, hospitals, eateries, shopping/entertainment centres and other businesses setting up shop in your neighbourhood. See for yourself the median price per sq ft within a 5km radius of Subang Airport from years 2012-2016, which is about when Firefly started flying exclusively from there.Around Subang International Airport, prices psf for high-rise and landed residential properties are rising. The best places for businesses are growing townships where real estate is increasing in value. Best of all, you can brainstorm without too many actual people around. Few others are likely to have heard of your new home and won’t be ready to move in. Yet. Such are the delightful paradoxes of aerotropolis life.4. YOU WON'T HAVE TO LIVE LIKE A BUMSource: sonjackcarl/TumblrMaybe you think there’s something we’re not telling you. You might be imagining run-down housing units and noise pollution from plane engines. It’s time you saw an airport town for yourself instead of just hearing us sing its praises.That’s Zuidas, an airport town mushrooming around Amsterdam’s Schiphol airport. Aside from these swanky homes with a river view, Zuidas has a collection of distinctive neighbourhoods for you to choose from, just like any actual city.Incheon’s New Songbo looks more like a lush resort than anything you might imagine an airport city to be. 40% of Songbo’s 101 acres is parkland and you can enjoy it with walkways, bike paths, boutiques, cafes and restaurants everywhere. If you’re all work and no play, New Songbo’s schools are among the best in the region.But personally, we’d rather swing a club at the Jack Nicklaus Golf Club Korea or take in the view of the Yellow Sea. Still miss the cramped room in Brickfields that you’re sharing with three people you don’t know?5. YOU'LL HAVE MANY HAPPY RETURNSIt would certainly be great to be 7 mins from KLIA after a long flight home. But the returns we were thinking of are more monetary in nature. According to research by MIT, half of the Fortune 500 companies in the United States have their headquarters located within a ten-mile radius of an airport. Can anyone say Ka-ching?Source: tenor.coAdditionally, our data shows that within a 10 km radius of Subang Airport, population has swelled from from 760,000 to 1.1 million in 2000-2010. This puts it at a compound annual growth rate of 3.8%, which is noticeably higher than Selangor state’s 2.2%! This should tell you how beneficial the ebb and flow of air traffic is for commercial ventures and subsequently, investments. Airports never run out of travelers or trade, so you’ll have a reliable flow of income if you were to just give a little back out of your own pocket.CONCLUSIONAirport towns say a lot about how we are adapting to our brave new world. As we become more connected and global, it makes sense that our transportation hubs are also evolving to suit our needs. It’s still hard not to be impressed by the airports of today. Once depressing stopovers, they are now destinations in their own right. At the rate they are developing, the space ports of Star Wars seem less like science fiction and more like a possible next step.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

HOW EXPATS CAN BEAT THE ODDS AND OWN HOMES IN MALAYSIA

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While Malaysia is the warm, friendly and (relatively) cheap expat haven it’s always been, settling down here for good can be a confusing process. Factor in the new rules for home ownership that div...

While Malaysia is the warm, friendly and (relatively) cheap expat haven it’s always been, settling down here for good can be a confusing process. Factor in the new rules for home ownership that diverge across the states and some expatriates might just decide to pack up and leave (or simply rent). A recent example would be Selangor’s real estate developments, which have raised the bar for foreign home ownership to prevent stronger currencies from pricing locals out of a home. But don’t give up on us yet! With Propertypricetag’s step-by-step guide for expats, you’ll be guaranteed to emerge from the maze of Malaysian real estate with your Minotaur’s head.1. KNOW YOUR LIMITATIONSSelangor’s minimum price for expats purchasing homes has gone up a steep slope. How steep is steep? Well, it depends on what zone of the state you’re in. In descriptively-named Zone 1 (Petaling, Gombak, Hulu Langat, Sepang, Klang) and Zone 2 (Kuala Selangor, Kuala Langat), you’re looking at RM2 million for residential and RM3 million for commercial lots. In Zone 3 (Hulu Selangor, Sabak Bernam), you can buy residential property for a million, which is on par with what you’d get it for in the rest of Malaysia. However, you’re still stuck the RM2 million price tag for commercial property. Feeling queasy already? Wait, there’s more. In all of Malaysia, you’ll also be restricted in the kind of property you can buy, as you won’t get a look into the following. Malay Reserve Land - Land that is exclusively for Bumiputeras (Malays and Orang Asli)Bumi Lots - Not to be confused with Malay Reserve Land, this refers to a specific quota on each property development that is to be reserved for Bumiputeras.Low to Medium Cost Housing - What these are is dependent on the definition of state authorities, but they are usually flats.Agricultural land - There are a few exceptions, but generally, these are off-limits. 2. KNOW THE EXCEPTIONS TO THE RULESMost systems have their loopholes and these real estate regulations are no exception. There is no doubt that the changes will have a negative impact on expatriates willing to invest in Selangor, but thankfully, there is the rest of Malaysia to consider. We’ve culled the data from HomeFinder and put together table of property price differences among Malaysia’s states, including Sabah and Sarawak.As you can see from our table, the minimum price is RM1 Million in most other states, most notably in our cosmopolitan capital Kuala Lumpur. You’ll be able to pick from a wide-ranging selection of desirable KL neighbourhoods such as KL Sentral, Bangsar, Ampang and Mont Kiara and pay only half the price that you would in Selangor. Penang, a cultural haven and favourite of retirees, also offers landed titles for RM1 million, although highly-coveted Penang Island also enforces the RM2 million minimum. If you want to sample the richness of Peranakan culture with a dose of Portuguese colonial influence, buy strata-titled property in beautiful Melaka for as low as RM500,000.Also, the type of visa you’re carrying can work in your favour. If you have a Malaysia My Second Home (MM2H) visa, you truly will find it easier to make Malaysia your second home by virtue of the fact that you’re much less restricted. Aside from being permitted to stay in the country for 10 years and import a domestic helper, you may also purchase property for much lower prices than you would otherwise. How much lower will depend on the state you plan to purchase in and with more data from Property Life, we’ve prepared a table to illuminate the process.Readily-available financing and a free flow of capital sweeten the deal. Most Malaysian banks are very open to lending to non-Malaysians, with most expatriates entitled to a generous margin of finance of 70%. With an MM2H visa, you’ll get to enjoy an even larger MoF of up to 90%. Add that to the fact that you won’t be charged for transferring funds from overseas and you have more room to maneuvre than you thought.Source: https://www.reddit.com/r/gifs/comments/3jx1nc/limbo/Keep in mind that the MM2H comes with its caveats. You will only be able to buy directly from a developer in Selangor and you can only own one property. And in Perlis, your minimum property price is actually higher at RM1 million, as opposed to RM500,000 for most other expatriates. 3. LEARN MALAYSIAN PROPERTY SPEAKMalaysian real estate is a world unto itself, complete with its own language. Many real estate terms here don’t mean what you might think they do. However, you can leave true fluency till later. The most crucial concept to familiarise yourself with is property titles. Like many other Commonwealth nations, Malaysia comes under the Torrens title system of land registration. What this means is that land ownership is conferred through the registration of a title instead of through deeds. So you’d best get to learning about the three titles used in Malaysia.Master title - The highest available title for a property developer, this gives him or her full control and rights over the land in question.Strata title - A title given to those who have ownership over a unit in a property. For instance, a condo owner would bear this title.Individual title - This is basically a strata title that is specific to landed properties like bungalows, and semi-detached homes. Anyone bearing this title owns a chunk of land that is usually below the property.Understanding these terms is integral to avoid stepping on toes as you go about purchasing your home away from home. As a foreigner, you’re not eligible to purchase landed property unless it comes with a Landed Strata title and is situated in a gated community. We’re afraid you’ll have to quash that dream of carving out your own little corner of paradise amidst virgin rainforest. But on the plus side, security is a highly-prized commodity here and it will never be an issue for you in a gated community. Also, even with these regulations in place, you still have a virtual buffet table of Malaysian property types to choose from. 15 different types, to be exact. 4. KNOW WHAT YOU WANTThis depends entirely on your willingness to shop secondhand. If only the newest on the market will do for you, you’re best off buying a launched property directly from a developer. These brand-new properties are often put on the market before they are complete, so you’ll typically pay for these by financing their construction in instalments. Just be sure to buy from a trustworthy developer who is part of an established trade body, which you can easily search for on KPKT’s website. Your worst nightmare in this scenario would be a half-finished house, a developer gone bankrupt or dare we say it, both. Source: https://giphy.com/gifs/new-girl-fox-new-girl-newgirl-3osxY5nWRdVLlxbQk0/If you don’t mind your home with a bit of history, feel free to purchase a sub-sale property, which is a house being sold by its owner. This actually makes up the bulk of the property market in Malaysia and well, why shouldn’t it? There are plenty of perfectly respectable properties that won’t outlive their usefulness for a long while yet. One thing we’d advise you to do if you go down this route is to invest in an excellent property lawyer, as the SPA (Sales & Purchase Agreement) is not standardised like it would be with a developer. 5. TAKE OUT A LOANWe know we mentioned that MM2H visa holders enjoy special privileges, but we’d like to emphasise that banks will lend to just about any foreigner. In order to secure a loan, you’ll need to show proof of your income and a bank statement of a minimum of 3 months, a copy of your passport and a copy of your property booking and deposit receipt. After about three weeks, you’ll receive the results of your application and will be awarded an offer letter, a property lawyer and the disbursement of the loan to the seller after the land office’s consent is secured.As with any transaction, there are terms and conditions. The amount you’ll be lent by the bank will depend on a few outstanding factors.-The kind of property you bought and where it is-The valuation of the property-How old you are and how much you earn -Whether you have the MM2H visa or not-Where you’re from There is an entire universe of considerations to unearth regarding loans and we’ve barely scaled the tip of the iceberg. For a more in-depth guide to them, have a look at Expatriate Advisory’s overview on the topic. Conclusion:Selangor’s new regulations reflect a troubling trend of discouraging foreign investment that could well infect the rest of the country. Fortunately, there’s always a way to beat any system and this case is no exception. Knowing is half the battle here and we intend to arm you with as much information as you need to best the obstacles in your path. Sally forth and may the odds ever be in your favour. Who knows? After you’ve followed our tips and gained your Malaysian abode, you may be able to teach us a thing or two about our own real estate market.To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. You can also follow our Facebook page for more insights and updates on the property market in Malaysia.

你应该投资学生出租的房屋还是办公室产业 呢?

Student rental fb cn

如果你刚进入投资领域,市场上有着这么多的房地产业选择,肯定是会让您眼花缭乱的。 一些投资者会投资可以出租给学生的产业(因为再穷也不能穷教育,对吧?),而其他的投资者会推荐可以为您提供 更高的租金,获颁多媒体超级走廊营运(MSC)地位的新商业分层办公室(而不是上面的店铺)。 您现在是不是看到头昏脑转了呢,先别昏倒!准备好您的拳击手套,让PropertyPricetag.com提供您这两种首选...

如果你刚进入投资领域,市场上有着这么多的房地产业选择,肯定是会让您眼花缭乱的。 一些投资者会投资可以出租给学生的产业(因为再穷也不能穷教育,对吧?),而其他的投资者会推荐可以为您提供 更高的租金,获颁多媒体超级走廊营运(MSC)地位的新商业分层办公室(而不是上面的店铺)。 您现在是不是看到头昏脑转了呢,先别昏倒!准备好您的拳击手套,让PropertyPricetag.com提供您这两种首选投资物业的5回合的对比信息,让您可以依据这两种首选投资物业的胜负决定您要购买的产业,并在房产业投资领域大展拳脚。第1回合:需要的初始现金对于任何形式的投资,投资壁垒都很重要。对于作为HDA住宅单元出售的学生宿舍,初始成本往往是最低的。 如果这是第一或第二手的住宅物业购买,头期可能只需10%,再加上一些法律费用和相关印花税。 其余款项可由银行提供资金,为第二次置业者提供高达90%的贷款。 如果欲购的产业是一个新的发展产业,许多发展商会提供较低的头期或免除法律费用,这进一步降低了这投资的入门壁垒。另一方面,商业房地产需要支付较高的头期,大约是15%至20%,因为银行一般只提供最多85%的贷款。 这使购买商业房地产所需的初始现金高得多。 这适用于分层办公室,因为它们并不列入HDA的管辖之下。 对于分层办公室,通常每单位价格高达50万令吉,这意味着头期最低为25,000令吉。示例1:五十万令吉投资 明细 武吉加里尔的学生出租的产业 满家乐的分层办公室 售价(令吉) 50万令吉 51万5千令吉 平方英尺 1,205令吉 710令吉 每平方尺(令吉) 414令吉 725令吉 每平方尺租金回报(令吉) 1.47令吉 3.17令吉 租金回报率(%) 4.5 4.1示例2:百万投资 明细 双威镇的学生出租的产业  孟沙南城的分层办公室 售价(令吉) 120万令吉 126万9千令吉 平方英尺 1,851令吉 1,379令吉 每平方尺(令吉) 648令吉 1,100令吉 每平方尺租金回报(令吉) 3.31令吉 4.3令吉 租金回报率(%) 4.3 5.6第一回合:学生出租的产业胜尽管以相同的价格出售,购买分层办公室所需的初始现金金额比起购买学生出租产业的金额相比高出一栽。第二回合:租金回报率所有投资均为得到租金回报。 显然,租金回报的对比是很重要的,而且当前期投资金额较高,我们也会期望会有更高的租金回报以弥补已经投入的投资金额。 在这里,我们做一个简单的租金回报率的对比图。示例1:五十万投资 明细 武吉加里尔的学生出租的产业 满家乐的分层办公室 售价(令吉) 47万5千令吉 51万5千令吉 初始现金(令吉) 7万4千474令吉 10万5千818令吉示例2:百万投资 明细 双威镇的学生出租的产业 孟沙南城的分层办公室 售价(令吉) 120万令吉 126万9千600令吉 初始现金(令吉) 18万5千338令吉 25万8千510令吉第二回合:平手出租的回报率是根据不同的租客年龄层和房产业的位置而有所不同,所以投资者需要经过慎重的考虑,考量不同的元素,而不是单一的考量建筑类型而已。第3回合:市场需求的持久性在学生的这一方根据高等教育部(MOHE)的统计显示,截至2017年7月,马来西亚共有701个公立和私立大学,私立学院和国际大学分校。 这些教育机构大多为学生提供住宿,但是提供的住宿并不足够,迫使学生需要租住这些教育机构附近的私人拥有产业。学费租住的缺点是学生一般都会有学期休息,这时他们就会搬出出租屋。房东在这学期休息期间通常需要调低租金以吸引租客,或直接根据9个月的年租金计算租金回报率再调整这些学生的租金。在办公室产业的这一方分层办公空间对准小型和中型企业,但是其实是面对着两大挑战的。 与专用办公室不同,由于规模较小,分层办事处吸引大型跨国公司的几率不大。 中小型企业一般由于成本的关系,也很可能不愿意在A级分层办公室出租。 这些分层办公室的租赁持久性可能短于学生的租赁持久性,这是因为若公司发展迅速,将会需要更大的空间增加员工。 再说,目前在吉隆坡的办公室产业已经过剩,分层办公室可能会在未来一段时间内面临更多的挑战。第三回合:学生出租产业胜出租给学生的产业并不会受到似如过山车的国家经济的影响,并且会由学生群体提供长期稳定的需求。 因此,对于那些不希望因投资物业没有需求并且空置而导致失眠的我们来说,投资学生出租产业的风险是比较低的。第四回合:资本增值评估最后,我们可以从大吉隆坡的秘密地图集【The Secret Atlas of Greater KL】看到,距离大学和学院五百米范围内的住宅类型产业往往受到负面影响,整体而言这些产业的价格相对于邻进的产业的价格要低2%,但是租金的金额是大致相同的。 这意味着出租学生住宿可能对租金收益有好处,但就资本增值而言就可能会落后于其他的住宅产业。学生出租产业和分层办公室对比,哪一个的资本增值会比较高呢? 以下是我们为您提供的数据:示例1:百万投资 明细 双威镇的学生出租的产业 孟沙南城的分层办公室 每平方尺售价(2013年)700令吉(2012年)896令吉 每平方尺售价(2016年)791令吉(2016年)989令吉 贬值率(%) 4 2示例2:我们在雪兰莪 Jalan Universiti 的同一地点收集到的数据 明细 Jalan Universiti 学生出租的产业 Jalan Universiti 的分层办公室 每平方尺售价(令吉)(1996年)203(2005年)311 每平方尺售价(令吉(2013年)459(2016年)614 贬值率(%) 4.92 6.38第四回合:平手虽然看起来,出租学生宿舍在资本增值方面有些吃亏,但是整体来说还是比分层办公室好得多。 这可能与公寓用于租赁或业主占用的灵活性有关,从而扩大了其分销市场。 然而,投资者也应该考量到学生频密地搬入和搬出学生住宿会造成的磨损,是需要预定一笔维修和维护的投资成本,这也是投资者需要列入考量的因素之一。第5回合:每月支出租赁市场的投资并不总是乐观的,而在经济低迷的时候,空置的产业可能会对您的经济状况造成压力,让您需要缩紧钱包过活。购买在HDA管辖下的出租学生产业,投资者可以提取其EPF账户2的款项,以部分款项支付属于第二间房产的月度贷款。这对于分层办公室来说是不被允许的。住宿型的房贷款也拥有比商业房地产更长的偿还期。对于一个相对年轻的投资者来说,住房贷款可以延长35年或更长时间,而商业层面办公室的最长的偿还期也只是25年。银行预计,经济不景气的时候,商业企业会最先受到影响,商业业主遇到无法偿还贷款的风险也较高。这意味着,对于同等价值的50万令吉的房产,学生出租产业需要您的支出2,129令吉,而商业名称的分层级办公室将需要您每月支出RM2,362令吉,比起学生出产业高出10%。除了每月缴还贷款之外,商业分层办公室的维修费,水电费,评估费和其他运行费用都高于出租学生产业。 这将使您至少每年多支出RM600令吉至RM2,000令吉的金额。以下是两个价格相似的学生出租产业和分层办公室各自的运营成本的例子:示例1:五十万投资 明细 武吉加里尔的学生出租的产业 满家乐的分层办公室 售价(令吉) 50万 51万5千令吉 平方英尺 120万5千令吉 71万 每月贷款金额(令吉) 2,129令吉 2,433令吉 每平方尺维护费(令吉) 0.16 0.42 每月总维护费(令吉) 200令吉 298令吉示例2:百万投资 明细 双威镇的学生出租的产业 孟沙南城的分层办公室 售价(令吉) 120万令吉 126万9千令吉 平方英尺 1,851令吉 1,379令吉 每月贷款金额(令吉) 5,111令吉 5,998令吉 每平方尺维护费(令吉) 0.35 0.50 每月总维护费(令吉) 648令吉 690令吉第五回合:学生出租产业胜对于相同的价格范围的产业,学生出租产业的维修和维护费以及每月需偿还的贷款金额相比之下是较低的,这让投资者就算在产业空置时间较长的情况下,面临亏损的风险也会比较低。结论:第一回合 - 学生出租产业投资成本较低第二回合- 两者都有相似的租金回报率。第三回合- 学生出租产业在市场需求方面受到关注。第四回合 - 两者的资本增值基础相似。第五回合 - 学生出租产业整体月度支出较低。其实最后这里并没有明确的赢家,因为购买每个产业都会有着不同程度的风险,并会影响您将获得的回报。 投资房产业在许多方面与投资单位信托,股票和其他金融产品相似。 在决定投资之前,了解您的个人风险偏好是非常重要的,例如每月偿还贷款的能力和有办法在租赁市场生存的能力。 如果您是第一次投资者,温馨提示您,若您投资分层办公室就犹如您在学习如何开车之前超速。 如果您对投资房地产的回报率感兴趣,您需确保您在全程投入这个领域之前做好充足的研究。参考文章: Malaysia has one of highest proportions of international students pursuing higher education, Turning the world towards Malaysian education, Demand for office space slows down, Office Market Situation, Student Rentals Shine Gloomy Market

STUDENT ACCOMMODATION VS STRATA OFFICE INVESTMENT

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If you are in the market to invest in property, the variety of options out there could easily confuse you. Some would go for residential properties that can be used as student accommodations (since...

If you are in the market to invest in property, the variety of options out there could easily confuse you. Some would go for residential properties that can be used as student accommodations (since education is recession proof, right?) and others would recommend shiny new commercial strata offices (not the ones above shop lots) that comes packaged with MSC status and can offer you higher rental. Confused already? Don’t throw in the towel just yet! Get ready your boxing gloves and let PropertyPricetag.com give you the blow-by-blow of the two preferred investment properties.ROUND 1: ENTRY COSTSFor any form of investment, the investment barrier is important.For student accommodation that are sold as residential units under the HDA, the initial cost is often minimum. Down payment could be only 10% if this is the first or second residential property purchase as well as some legal fees and the related stamp duty. The rest can be financed by banks that offer up to 90% loan for second home buyers. If the development is a new development, many developers offer lower down payments or exemption from legal fees which further lowers this barrier to entry.Commercial property on the other hand requires a higher down payment of 15% to 20% as banks only offer a maximum of 85% loan. Making the initial cash required for the purchase much higher. This applies to strata offices because they are not covered under the HDA. For strata offices, which are often priced above RM500,000 per unit, this means a minimum of RM25,000 more in down payments.Example 1: Half A Million InvestmentExample 2: For the MillionairesROUND 1 WINNER:: STUDENT ACCOMMODATIONThe initial cash amount required to purchase strata offices price out many investors despite selling at the same price.ROUND 2: RENTAL RETURNSAll investments are banking on rental returns. Clearly, the comparison of rental returns would be important and with higher up front investment, we also expect higher returns to recuperate the opportunity costs of the cash invested. Here, we do a straightforward rental returns comparison of the properties.Example 1: Half A Million InvestmentExample 2: For the MillionairesROUND 2 TIED:: STUDENT ACCOMMODATIONS & STRATA OFFICESThe rental yield differs depending on the age and the location of these properties so pick and choose wisely instead of relying on specific building types.ROUND 3: SUSTAINABLE MARKET DEMANDON THE STUDENT CORNER…There are 701 public and private universities, colleges and international branch university campuses in Malaysia as of July 2017 according to the Ministry of Higher Education (MOHE). Most of these campuses provide accommodations for their students, however they are not sufficient and forces students to move out to private accommodations near an education facility. Student rental cycles are like clockwork, just like their school calendar. The downside of school term rentals are the long semester breaks when students move out but landlords often price down during these break periods and adjust rentals based on 9 month annual rentals when calculating returns.AND OVER AT STRATA OFFICE...Strata office spaces targets small medium enterprises that poses two challenges. Unlike purpose built offices, strata offices are less likely to attract large multinationals due to its smaller sizes. SMEs’ are usually cost conscious and might not be willing to splurge on the rental for Grade A strata offices. The rental cycle for these strata offices could be shorter than student rental as the company grows quickly and requires larger spaces for additional staff. Coupled with the current glut in offices in Greater Kuala Lumpur, strata offices might face further demand challenges in the coming period.WINNER:: STUDENT ACCOMMODATIONRather than being subjected to the roller coasters of the country’s economy, student rental offers a long term stable demand by recurrent pool of students. The risks of vacancies therefore lower for those of us who don’t like losing sleep over vacant investment properties.ROUND 4 : CAPITAL APPRECIATIONFinally, from The Secret Atlas of Greater KL, we see that residential buildings within 500m from Universities and Colleges tend to be negatively impacted, fairing 2% less in price psf than its neighborhood while enjoying the same asking rental. This means that student accommodation might be great for rental yields, but might lag behind capital appreciation of other residential apartments.But how does it compare to strata offices? Here are the numbers we found:Example 1: For the MillionairesImage source: http://www.huntkloffice.com/properties/jaya-one-office-suites/Example 2: We examine another example in the same location in Jalan Universiti, SelangorROUND 4 TIED:: STUDENT ACCOMMODATION & STRATA OFFICEIt appears that despite being discounted from its neighborhood appreciations, certain student accommodations might still fair better than strata offices. This could be related to the flexibility of the apartments being used for rental or owner occupied, hence widening its sub-sale market. However, investors should ideally factor in the wear and tear from rotating students in student accommodation and the reinvestment cost to renovate and refurbish the units in the next cycle in its costs as well.ROUND 5: MONTHLY INVESTMENT EXPOSUREInvestments in rental markets are not always rosy and in a downturn, vacancies could be painful to your wallet and put a strain on you financially. For student accommodations purchased under the HDA, investors can withdraw their money for EPF Account 2 to partially pay for monthly loan repayment for this second home. This is not allowed for strata commercial titled properties. Home loans are also allowed longer repayment periods than commercial titled properties. For a relatively young investor, a home loan could stretch up to 35 years or more while the maximum under a commercial titled strata office could be 25 years. Banks foresee that in the event of economic downturn, businesses are the first to be affected, thus commercial property owners are at higher risk of not being able to service the loan. This means, for the same valued RM500,000 property, the student accommodation means a monthly commitment of RM2,129 while a commercial titled strata office would set you back RM2,362 a month, almost 10% more.In addition to the monthly repayments, the maintenance fees, utilities, assessments and other running costs of commercial strata offices are higher than student accommodations. This would set you back a minimum of RM600 to RM2,000 annually.Here’s an example of two similarly priced Student Accommodation and Strata Office in the market and their respective running costs:Example 1: Half A Million InvestmentExample 2: For the MillionairesWINNER:: STUDENT ACCOMMODATION For the same price ranged properties, monthly repayments and maintenance of student accommodations are lower putting investors at lower risks in case of prolonged vacancies.CONCLUSION:ROUND 1 - Student Accommodation investments have lower cost of entryROUND 2 - Both have similar rental yields.ROUND 3 - Student accommodation gains attention in market demand.ROUND 4 - Both fair on similiar ground for capital appreciation.ROUND 5 - Student accommodation has lower monthly commitment overall.There are no clear winners here as each option presents different levels of risks that affects the returns you will get. Investing in properties are similar in many ways to investments in unit trusts, shares and others financial product. It is very important to understand your personal risks appetite, such as ability for monthly repayments and ability to sit out stormy rental markets before deciding to invest. If you are a first time investor, investing in strata offices is comparable to speeding before learning how to drive. If you are still aiming high on those returns, make sure you do ample homework before diving in.References: Malaysia has one of highest proportions of international students pursuing higher education, Turning the world towards Malaysian education, Demand for office space slows down, Office Market Situation, Student Rentals Shine Gloomy MarketRead also: Are Klang Valley Malls Dying?To purchase or to find out more about The Secret Atlas of Greater Kuala Lumpur, click here.SIGN UP with Propertypricetag.com to check the latest transacted prices and to list your property for FREE today. 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