Featured Properties

Bungalows & Semi-Ds, Taman Perpaduan Mulia, Ipoh

Introduction Perak Property Times recently visited an on-going development project by Syarikat Pembinaan Amazy Sdn Bhd which is managed by ...
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Bluebell Terrace Houses, Ipoh Perak

Introduction to Sanctuary Gardens Malaysia Property Times took the opportunity to visit one of P.K LEE SDN. BHD.’s latest development ...
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Sanctuary Gardens, Tambun

Sanctuary Gardens Perak Property Times took the opportunity to visit one of P.K LEE SDN. BHD.’s latest development project, known ...
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Prime Residential Land for Sale @ Taman Golf, Ipoh

Located at Golf Garden (Taman Golf), an upscale affluent residential neighborhood in Ipoh City behind Royal Perak Golf Club, near ...
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Seri Garden Residences

Perak Property Times recently visited an on-going development project by Syarikat Pembinaan Amazy Sdn Bhd which is managed by Kemajuan ...
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Pangkor Resort World

Pangkor Island is a well-known resort island located in Manjung District of Perak State, Malaysia. Having a local population of ...
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Future of Business & Intellectual Property Valuation in Malaysia – Dato’ Sr Lau Wai Seang

Introduction Business valuation is a process involving technical procedures used to estimate the economic value of an owner’s interest in a business. Business valuation is used by financial market participants to determine the value they are willing to pay or receive to affect a sale of a business. In addition to estimating the sale value of a business, the same valuation tools are often used by business appraisers to resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among business assets, establish a formula for estimating the value of partners’ ownership interest for buy-sell agreements, ...
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Real Estate Market Conditions of Malaysia – Dr Sr Rosli Said

Introduction Despite speculation of a property market crash, Malaysian banks had been performing well in the KLSE market recently. There had been many rumours, speculations and insights on our current economic conditions. Malaysia Property Times took the opportunity to visit Dr Sr Rosli Said, a prominent Land Economist and Property Expert in Kuala Lumpur who is also currently the senior lecturer at the University of Malaya to find out more about the Real Estate Market Conditions of Malaysia. This will ultimately help our readers, investors, developers and the nation as a whole to understand and obtain insights on how the ...
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Are Ipohlites ready for Strata Living? – Mr Yee Seu Kai & Tham Kuen Wei

Growth of Strata Properties in Ipoh City Land is known to be scarce and limited. With its limited supply and increase in demand over time, Ipoh is not exempted from the effects of urbanization and city growth. As land costs increases periodically overtime, Ipoh witnessed a growth of strata residential properties which had been growing like mushrooms throughout the city. We can see there are both premium and luxurious condominiums being developed in Ipoh city center, and then the Walk Up apartments in Menglembu, Bercham and Tambun followed by another generation of strata properties at Taman Botani, Pengkalan, Pasir Puteh ...
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Vanguard of Home Buyers : Cr. Chang Kim Loong, Secretary General Home Buyers’ Association of Malaysia

Q 1): What should a home buyer do when they have a complaint regarding the defects, shrinkage and other defective materials of the properties being completed? Cr Chang: If you find any defects in the property after receiving vacant possession, make sure you submit the defects list in writing to the developer within 18 or 24 months (whichever is applicable) from the date of vacant possession. The developer will have 30 days from the date of receipt of your list to rectify the defects. If the developer fails to rectify within the stated time, you can then engage someone else ...
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Feng Shui in Real Estate & the International Arena – Grand Master Stanley Tham, Worldwide Truth Feng Shui Sdn Bhd

Feng Shui had become a well-known field around the world. It had strong roots and influence in the Chinese culture. However, how exactly do Feng Shui affect individuals and professionals at the international scale? Despite the strong influence in Asian countries, what are the impacts of Feng Shui in the Western world? Read on to explore on Feng Shui on the International Arena. Li Ka Shing, the wealthiest Asian in the world – have his house, skyscrapers and offices done with Feng Shui remedies. These do not extend to himself, but his entire family and relatives believe in Feng Shui ...
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The Landlord-Tenant Relationship: An Overview of the Law – Mr Lim Wei Jiet

Introduction In many developed nations where real estate prices had spiked high, many had turned to renting instead of purchasing real estate. This can be observed in countries like the UK and Germany where property prices are exorbitant to own. This is also true for new startups where renting helps to ease cashflows and provide higher working capital compared to purchasing a property. Besides, renting does appear to have an edge when the economy is poor. While the number of foreclosure cases in Malaysia had been increasing substantially for the previous year 2016 as compared to 2015, the shaky Malaysian ...
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Bungalow Renovation 101

Vintage Bungalow in an Affluent Neighbourhood Property Times had the opportunity to visit one of Ipoh’s reviving neighborhoods – Taman Golf. Taman Golf is notable in Perak as one of the earliest upscale residential neighborhood in Ipoh City. The neighborhood boasts of having all units in the surrounding as custom built bungalows, until a new development features Semi-Detached Houses in the vicinity. It was home to many professionals, doctors, accountants, developers and the rich alike. Due to the passage of time, many of these bungalows had faced serious deterioration, and yet there are those who invest in them – and ...
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A view into the Malaysian Real Property Gains Tax’s History – Worldwide Properties

In Malaysia there is no capital gains tax until the introduction of Land Speculation Tax Act. 1974 on 6th December 1973. This tax was introduced to curb property speculation and the soaring prices of immovable property especially residential houses during the years 1973 and 1974. The Land speculation Tax was replaced on 6th November 1975 by the introduction of Real Property Gains Tax Act, which is effective from 7th November 1975. By Section 3 (1) of the Act, a tax called Real Property Gains Tax is charged onchargeable gains accruing on the disposal of any real property. Chargeable gain = ...
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Hybrid Bidding is a Safer Option for Real Estate Auctions – Mr Tham Kuen Wei

There are recent debates on the online auction that is to be implemented by the High Court of Malaya to replace the manual public auction process. I agree with the High Court of Malaya that the auction process should evolve and I embrace the new concept of bidding for property at auctions online. Online auctions can reduce transport costs for bidders, save time, increase transparency and ease the process for auctioneers. However, there are certain concerns that it would crucial for the public to note. a) There is a huge difference between a service provider and user when it comes ...
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Local & International Updates

EcoWorld Berhad : A company of Value

EcoWorld Berhad’s net profit surged 461% to RM116.16mil in the first quarter ended Jan 31, 2017 compared with RM20.67mil in the same period last year, due to gain on dilution of its equity interest in Paragon Pinnacle. The ...
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e-Lelong System a RM80 Million Monopoly in Disguise – Chief Registrar of the Federal Court (PKPMP) only tells half of the Truth

We refer to the Article dated 18th March 2018 by the Chief Registrar of Federal Court of Malaya concerning the E-Lelong published by the Sun Daily . 1) According to Federal Court Datuk Seri Latifah Mohd Tahar,  he ...
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Malaysian Government asked to involve Auctioneers in new E-Lelong System to avoid Monopoly and Rash Decisions

KUALA LUMPUR, March 17 — The Auctioneers Council of Malaysia (ACM), also known as Majlis Pelelong Malaysia urged the government today to include them in discussions on the implementation of the e-lelong system. The High Court of Malaya ...
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Auction Company launches First Hybrid Auction For Cars & Properties

KUALA LUMPUR: Auction company, Ng Chan Mau and Co Sdn Bhd today launched the first ever hybrid auction in the country. Its business director Low Chee Hian said the new system would allow the public to have an ...
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Real Estate Market Conditions of Malaysia

Introduction Despite speculation of a property market crash, Malaysian banks had been performing well in the KLSE market recently. There had been many rumours, speculations and insights on our current economic conditions. Malaysia Property Times took the opportunity ...
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B40 Scammed of RM6.2mil in Fake Affordable Homes

In a bid to curb property-related frauds, the Urban Wellbeing, Housing and Local Government Ministry (KPKT) created a special committee that will investigate affordable housing scams while new conditions have been introduced to the Advertisement and Sale Permit ...
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Property Market Performance is Positive

KUALA LUMPUR, 16 AUGUST 2017: Real estate industry leaders and experts gathered at the inaugural PropertyGuru Malaysia Real Estate Summit held today at the InterContinental Kuala Lumpur. Themed, “Shaping the Future of Malaysian Real Estate”, it assembled more ...
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Real Estate Finance, Investment Analysis, Valuation & Modelling

Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner. This has not always been available, with the ...
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Cyberview Sdn Bhd Confirms Appointment of Gadang Engineering (M) Sdn Bhd to Build Cyberjaya Hospital

CYBERJAYA – 11 August 2017 – Cyberview Sdn Bhd has today confirmed the appointment of Gadang Engineering (M) Sdn Bhd, a subsidiary of Gadang Holdings Bhd as the principal contractor for the Cyberjaya Hospital. The appointment concludes a ...
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INTERNATIONAL CONFERENCE ON WORLD CLASS SUSTAINABLE CITIES 2017

The 9th edition of the ‘INTERNATIONAL CONFERENCE ON WORLD CLASS SUSTAINABLE CITIES 2017’ (WCSC 2017) will be held on 10 August 2017 (Thursday) at the Royale Chulan Kuala Lumpur Hotel, Kuala Lumpur, Malaysia. Themed ‘TRANSFORMING CITIES: DESIGN, NATURE & HUMAN LIVES’, this ...
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Real Estate Valuers are Professionally Qualified Property Managers

Real estate valuers are also professionally qualified property managers, and these two functions of the real estate valuer are stated in the Valuers Appraisers and Estate Agents Act 1981 (Act 242), said the Royal Institution of Surveyors Malaysia ...
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ASTAKA’S ONE BUKIT SENYUM IN JOHOR CONFERRED NODE STATUS

Johor Bahru/Singapore, 26 July 2017 – One Bukit Senyum, Johor’s upcoming RM5.4 billion administrative and commercial hub, has been granted node status – an area where the developer and promoted businesses can enjoy tax incentives – by Malaysia’s ...
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Hatten Land Unveils SATORI, Melaka’s First WellnessThemed Mixed Development

SINGAPORE / MELAKA, MALAYSIA, 21 July 2017 – Melaka Chief Minister Datuk Seri Utama Ir. Haji Idris bin Haji Haron unveiled today SATORI, the state’s first wellness-themed mixed development in a ground-breaking ceremony that drew over 200 guests ...
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Strict lending rules contribute to unsold property stocks

PETALING JAYA: Stringent lending rules is a major factor contributing to the rise in unsold stocks in the property market, according to Real Estate and Housing Developers Association (Rehda). Its president Datuk Seri FD Iskandar, who was revealing ...
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Majority of Malaysians want to own a home in next 6 months

PETALING JAYA: More than half of Malaysians surveyed want to own a home within the next six months, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda). However, stringent lending rules continue to be a major ...
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Investors upbeat about Malaysian property

PETALING JAYA: Despite the less-than-stellar performance of many listed property companies during the recent corporate earnings season, investor confidence in local property stocks has actually been steadily increasing this year. Year-to-date, the KL Property Index (made up of ...
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Affordable housing: ‘1m – unit shortage by 2020’

By BUSINESS TIMES THE Klang Valley is the fastest-growing area in Malaysia, but the population boom has brought a surge in housing costs, which have become an increasing worry for all stakeholders, said experts. Bank Negara Malaysia deputy ...
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PublicInvest: Property prices are expected to hold

KUALA LUMPUR: PublicInvest Research maintains that the property market will remain challenging in 2017 due to the difficult trading environment currently, driven by weak sentiment, low affordability, stricter bank lending and rising incoming supply. “The sector is also ...
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Chinese Overseas Real Estate Investment Hits New Record of $33 billion in 2016

Hotel and industrial sectors saw biggest rise in investment According to the latest JLL’s Global Capital Flows data, China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 ...
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Insights: Malaysians are complaining that property prices are getting more expensive. But where do we stand?

One of the highest recorded property transactions (as of 2014) with its price per sq ft in other nations for residential property (ranked from top to bottom):- 1. Hong Kong, China Average price per square foot: 7,200 pounds ...
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Property Times is now Connected

Property Times Magazine is now available on all major book stores including MPH, Borders, Popular and over 1,000 retail book stores nationwide. Get your copy now! Peninsula Malaysia: RM 7.50 East Malaysia: RM 8.50 For free articles, updates ...
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Asian Real Estate Market : Summary of the Market Conditions

“Ever since the 1997 Asian financial crisis, property markets have greatly developed through the years. Asian governments have improved the financial stance associated with the structure of housing finance, allowing more access to a diverse range of mortgages ...
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Ipoh & Macau towards “Twin Cities” – More Influx of Tourists to visit Perak

Twinning Efforts by Macau and the Perak State Government Lately, Macau Media Group, a Macau Firm paid a visit to Ipoh during Chinese New Year to seek out co-operation deals for various purposes. It was reported that the ...
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