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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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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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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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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 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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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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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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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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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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